Topic: Does Altcoin season started again? - page 7. (Read 1450 times)
As a matter of fact I've been thinking the market has resumed to its usual bull cycle but I'm not convinced because the Global market cap is still far below the time BTC rose to $64k so, we are likely not going to see redundant power of alts yet. Let's hope more funds are pumped back to the market before we can see that.
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For BTC, sure but for some alts? I am not sure about that.What do you mean by the way about those factors you mentioned?
for now developments in the market are very positive. I see there is a new direction that the market price is going up, I think maybe in the next few days we will see another bull market
The economic situation that was destroyed due to the pandemic did not change the value of crypto..but instead it went very high, and in my view this will all be even better for the value of crypto because everyone is trying to get the economy back on track by increasing the price of digital money and that affects the selling value of crypto..
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The market is not stable so it is very difficult to predict but now the market must move forward believing that no matter which way it goes. The prices of the currencies have fallen so much that those who invest now will hold on, the future will be brighter if the prices of the next currencies rise it is difficult to predict how far the NFT will go in this project. If the demand in the market is high then it will rise very soon market research is needed to determine the depth of altcoin.
It's okay to invest now but don't go all in and just wait for a higher price, it's more okay to just invest some and hold some ungent balance in our account for worse case which is if the price going down back again we could buy some more. And NFT becoming a hype this year and many crypto based game are using NFT to sell their in game items which is really fun and hype for many people. I'm sure next year will be still NFT year, we are waiting for more upcoming NFT platform that can hook newcomer in cryptocurrency
the amazon news was a false alarm . its only a rumor and amazon later confirmed that they wont accept btc .
tesla only accept btc at the beggning but later on they unaccept it again and for the google and facebook i dont hear that they will accept btc but i only heard that google ban btc ads and facebook will create its own crypto but this all dont hold the growth of btc and altcoins because if we can see the crypto market is now back in green .
tesla only accept btc at the beggning but later on they unaccept it again and for the google and facebook i dont hear that they will accept btc but i only heard that google ban btc ads and facebook will create its own crypto but this all dont hold the growth of btc and altcoins because if we can see the crypto market is now back in green .
Nope, I believe this little price recovery is giving you guys the opportunity to opt out because crypto market can't escape bear market soon, there is no good news that's as crazy as halving season and that's already in the past now, honestly we all favoured in the bull run when BTC was trading at 60k, for me it's good enough as I'm not expecting anything more again
I somewhat Agree at some point but as of now, you can't really tell what's going to happen this 3rd quarter of the year. Since some of those guys managed to gain huge amount of income in the last bull run, I doubt that they will come back again to stress themselves by putting their money back in the crypto market and looking it all over again. Probably they temporarily retire from the industry and will come back again when the opportunity looks good in the crypto market. This is one of the reasons why there aren't so many investors right now than it was before.
To be honest, it's very hard to say but if you look at the events at the beginning of the year, it is almost similar to what is happening today, such as starting with the doge pumping so high, it's almost similar to events now with pumped nft projects, especially about games. hopefully we can see the bull market again.
The market is not stable so it is very difficult to predict but now the market must move forward believing that no matter which way it goes. The prices of the currencies have fallen so much that those who invest now will hold on, the future will be brighter if the prices of the next currencies rise it is difficult to predict how far the NFT will go in this project. If the demand in the market is high then it will rise very soon market research is needed to determine the depth of altcoin.
It's okay to invest now but don't go all in and just wait for a higher price, it's more okay to just invest some and hold some ungent balance in our account for worse case which is if the price going down back again we could buy some more. And NFT becoming a hype this year and many crypto based game are using NFT to sell their in game items which is really fun and hype for many people. I'm sure next year will be still NFT year, we are waiting for more upcoming NFT platform that can hook newcomer in cryptocurrency
The market is not stable so it is very difficult to predict but now the market must move forward believing that no matter which way it goes. The prices of the currencies have fallen so much that those who invest now will hold on, the future will be brighter if the prices of the next currencies rise it is difficult to predict how far the NFT will go in this project. If the demand in the market is high then it will rise very soon market research is needed to determine the depth of altcoin.
What we are seeing is indicative of a growth spurt. But I still haven't seen many altcoins recovering from falling too deeply, maybe they are also NFT game projects. Perhaps it will take some more reasons coming up for us to know if the trend is going to work or not.
For now the market is a little difficult to predict. Even I still can't say that the alt season will start again. Because, currently, most of those coins gettingPump are still limited to coins related to NFT and Games. So, it is still difficult to say whether this is a sign of positive sentiment for altcoins as a whole or not.
It may or may not, but I still think about the possibility of altcoin recovery in the near term. The current signs are showing the preparation for something, I think it will be seen in the near future, the NFT game is creating a fever and is also one of the influencing factors to let people return to the market.
Alt coin recovery sounds like you think that the whole spectrum of alt coins will bounce back, but that thought neglects the fact that most of the alt coins are simply doomed because they are not worth anything as they don't offer anything special to their users. They are just empty shells created to once be used for pump and dump and that's it.
You can lose your trust in those altcoins, me too. But what we're talking about here is a market rally, and the ongoing signs allow us to believe in it. And time will tell, this question, totally agree with you that not all altcoins create value, and they are just completely pumped. And those projects are not all altcoins, just bad cases, what we are aiming for are transparent projects that are serious and easy to operate and develop.
Altcoin season starts when Bitcoin starts booming again. It’s hard to say when this will start, but I believe we will have another crash before ATH are reached. I’m personally in the game for the long term and have my money in projects that I believe will be here for mass adoption. Many projects will fail in the next couple of years, so it’s very important to do your research and find the best projects. Although I will take profits at ATH, I’m a long term hodler. My favorite project right now is NEAR. NEAR just has so much to offer, it has cheap and easy NFT markets, bridges, Web 3.0, it’s carbon Neutral, it’s decentralized and more. There are also many ways to earn passive incomes and start side hustles. NEAR is ready for mass adoption and will be here in the future. If you haven’t heard about it I recommend doing some research on it and forming your own opinion, but I think that you will love it just as much as I do.
I definitely don't think so. Yes, short-term profitability can be achieved, but when BTC is at this level, I don't think altcoins will be as profitable as they used to be. I believe that these levels create a good buying opportunity, it is always good to buy and wait. HODL!
The Amazon news was broken by Amazon itself.
They've broken the rumor and says that they're not going to accept crypto but that's also possibly that they're not going to say anything that's been planned well.
But for now, there's no Amazon and bitcoin integration.
They've broken the rumor and says that they're not going to accept crypto but that's also possibly that they're not going to say anything that's been planned well.
But for now, there's no Amazon and bitcoin integration.
Honestly, I personally also follow the latest updates about Influencers like ElonMusk and I think most crypto fans and investors also take advantage of the Hype from Elonmusk. for me this will not be a problem, the main thing is not to fully trust it and don't forget to research it again before putting money into crypto or other hype projects.
for now maybe the positive trend continues but I think this trend is only temporary considering the positive news happened and the impact of jack dorsey and elon some time ago made the trend even more positive.
but you have to stay alert this could be temporary because we know the bear market is still happening even though many people have said that the bull run has arrived, but in fact the market is still very difficult to regulate and its movements are still very difficult to predict.
positive thinking is very good but you have to be careful
but you have to stay alert this could be temporary because we know the bear market is still happening even though many people have said that the bull run has arrived, but in fact the market is still very difficult to regulate and its movements are still very difficult to predict.
positive thinking is very good but you have to be careful
The news that is happening right now is about Elon Musk being interested in promoting about crypto. I think this is very good news for all of us, especially crypto enthusiasts in investing and of course with this news it is something we are really looking forward to how the crypto market will turn out. I sincerely hope for a miracle to increase the market price of bitcoin and altcoins, and may this be to the benefit of all of us.
Elon Musk was also promoting cryptocurrencies in the past few months as well and since he became an influencer in the crypto world, there have been a few incidences where the market pumped and dumped just because of his tweets and he also knew that very well.He knew that people value and trust his opinion and took advantage of it by pumping bitcoin and doge coin and later on dumping Bitcoins at its peak price.
Hello there,
What do you think about the altcoin season in summer and autumn?
There are a lot of factors telling us that BTC will grow much higher according to the fresh news:
Amazon,
Google,
Facebook
Tesla.
And a lot of other positive news for crypto.
Nevertheless this market is so speculative and unpredictable!
maybe you could give me your piece of advice and share your opinion about a situation on the market?
What do you think about the altcoin season in summer and autumn?
There are a lot of factors telling us that BTC will grow much higher according to the fresh news:
Amazon,
Google,
Tesla.
And a lot of other positive news for crypto.
Nevertheless this market is so speculative and unpredictable!
maybe you could give me your piece of advice and share your opinion about a situation on the market?
It doesn’t matter. Time in the market is better than timing the market.
since the last few years there has been so much news about cryptocurrencies, I saw when the price of bitcoin and other altcoins began to skyrocket in 2018, negative issues circulated about cryptocurrencies that made their value sink, and I also saw that there were some positive issues related to currency development although crypto is not so dominant that it also affects the market, so basically we have to be smart in managing issues and stay consistent with our belief in the future of crypto, I am so sure if the world's big companies are involved then the crypto market will set a new record.
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