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Topic: How the Alt season will pan out - page 2. (Read 711 times)

full member
Activity: 854
Merit: 103
January 14, 2021, 04:07:32 PM
#35
The desired altcoin season should not be expected until spring. Valid only after the Bitcoin is sent for correction. Without correction, there will be no season. In any case, even if it will be - it will be not as strong as in 2017.
full member
Activity: 1708
Merit: 126
January 10, 2021, 11:36:27 AM
#34
I think it will go a different way this time because Bitcoin isn't showing the same pattern. It might take a long run before the Bitcoin price's correction because the price is too unpredictable and it might reach higher in the coming days. As for me, altcoin season could happen anytime although Bitcoin season is still running.
member
Activity: 406
Merit: 10
keyTango
January 10, 2021, 11:04:45 AM
#33

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

Perhaps the situation will repeat itself and we will follow this scenario, but there is also a possibility that crypto manipulators use a different new scenario that the bulk of the participants in the cryptocurrency market will not wait for
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
January 10, 2021, 10:05:58 AM
#32
Yes, almost everyone expects a new Altcoin season to happen in the near future, but so far it hasn't happened yet, especially if it could trigger a new breakthrough in crypto, of course it will be very interesting to wait for.
Just take a look at the entire market and tell whether the market is rallying, the entire alts are rallying and most of the coins rallied around 30% to 60% in the last one month alone and i would consider that as an alt coin season because some of the coins have risen well above my expectation especially BCH and BSV and XRP is still rallying even with the lawsuit.
legendary
Activity: 3752
Merit: 1217
January 10, 2021, 09:44:39 AM
#31
We dont see alt season with current level of bitcoin dominance. Only btc correction will allow alt season to happen
By the way, is it that when Bitcoin experiences a correction, the Altcoin will not experience a decrease in price? if this is the case, then everyone at this point will be waiting for a correction from Bitcoin to see Altcoin season.

That is because a lot of the investors are expecting that what happened in 2017 will repeat in 2021. They are forgetting the fact that back in 2017, there were solid reasons for the altcoin rally, such as the ICO boom and hype surrounding coins such as ETH, TRX and ADA. This time the altcoin market is in a more suppressed state, and even at the current level, we are noway near the ATH levels for many of the coins.
full member
Activity: 1470
Merit: 105
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January 10, 2021, 07:49:28 AM
#30

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

cryptocurrency market cannot be guessed like you say, because if indeed cryptocurrency market always moves like that, then of course we are very easy to get profit from investing in cryptocurrency, but in fact the state of cryptocurrency market cannot be guessed that easily, because now the price of Bitcoin and Ethereum has increased very high (although Ethereum hasn't reached its ATH price), but the season for altcoin (bull run) has not happened until now, there are even some altcoin whose price has dump, so I think the state of cryptocurrency market will not always move the same as you say.
jr. member
Activity: 236
Merit: 1
January 10, 2021, 07:06:40 AM
#29
We dont see alt season with current level of bitcoin dominance. Only btc correction will allow alt season to happen
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
January 10, 2021, 06:24:48 AM
#28
It is obvious that the alt season is already underway. The main question is when to exit altcoins? The previous two years taught everyone not to wait 10x, but leave in 1.5-2x. Everyone will go out taking their 30%, and then a bunch of X's will start) This will be fomo)
No one can determine the best time to exit from the altcoins and why? it's caused by it's not clear whether the 4 year cycle will be repeating again or not. It's only the time will tell but we must always prepare our assets to be liquidated anytime when crypto has touched its peak price.
Bitcoin is still really strong at this moment dude. I can't even think the bearish trend will come asap. 41k already passed.
member
Activity: 392
Merit: 10
January 10, 2021, 04:42:06 AM
#27
The market is now very overbought and many coins have shown good growth in recent years. So you should be very careful now and take profits and protect yourself from an imminent fall.
member
Activity: 573
Merit: 30
January 09, 2021, 11:32:38 PM
#26
I don't think we will observe such boom in the altcoins price except Bitcoin starts to drop price and it seems that's not happening soon. When Bitcoin price starts to falls many people will be panicky and sell or swap to their trusted altcoins in order to safe value. And some might decide they want to swap to stable coins.
legendary
Activity: 2044
Merit: 1075
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January 07, 2021, 12:47:25 PM
#25
It is obvious that bitcoin is not going to stop going up, which means alts and btc going up together right now. Looking at ethereum, it has increased more than anyone has ever imagined, I have watched a video and it says that there are about 100 times more sales of GPU right now compared to one year ago, and I am not even talking about the new 3000 series neither, I am talking about people buying Radeon v7 series for 1400 dollars, buying rx580 series for 350 dollar series each as well, these are about double of what the real price should be if you want to know.

It means things that have been over a year old, and bought only x amount of time last year, became even older generation of gpu this year but sold x100 more times with double the price of it from demand. That is what you should probably realize, if there is so much gpu request, which is definitely for mining, that is how alts will continue, there is now a huge demand, I do not see it going down anytime soon.
sr. member
Activity: 994
Merit: 261
January 06, 2021, 02:58:09 PM
#24
To my knowledge, one of the altcoin season indicators that you haven't mentioned is that bitcoin dominance will also drop. Altcoins tend to go up if bitcoin dominance goes down and bitcoin goes up.
sr. member
Activity: 1372
Merit: 252
January 06, 2021, 02:56:48 PM
#23
altcoin season is going to be up well supported by several factors one of the positive news from altcoin it and supported by market conditions
as is happening now, My prediction is that conditions will continue so we can see some altcoins hitting highs
member
Activity: 490
Merit: 10
January 06, 2021, 02:45:12 PM
#22
Obviously this is a different situation because bitcoin is rising very high and in a fast time,,this becomes a difficult differentiator for Altcoin to pump and reach the moon in a short time.
They need to wait a long time for Ethereum pump to resume the time for the altcoins to follow,, even if it really does happen there will be no significant increase except from the top altcoins.
We need to see in the next few weeks whether their focus is shifting to altcoins or just on bitcoin.
jr. member
Activity: 840
Merit: 6
January 06, 2021, 10:04:56 AM
#21

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.
You could be right but I just hold microcaps like UNCX and 0xMR and wait for a 10x+ then sell. It's easy, just buy, set limit orders, wait.
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
January 06, 2021, 12:52:45 AM
#20

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.
I believe that the Alt season will not be exactly the same as before, just like you said about the start of the alt season but the moment is really different from before. The source of money coming to this market is bigger and easier as more and more large organizations are entering the field. I think that with what's going on, 2021 will be an alt season year, i also picked and bought myself things that i think will increase strongly as the alt season.
legendary
Activity: 2758
Merit: 1228
January 05, 2021, 06:48:49 PM
#19
This cycle has been done many times, we are all never see alt season before btc pump, so when bitcoin pump we only will see increasement in btc marketcap and marketcap share will be above 70%, after that bull run finnish then we can see the alt season. And will be many pump and dump coin there.
This is because altcoins are depending on the Bitcoin developments. Investors never look and consider investing altcoins if they never see Bitcoin going high, they are just rejecting it until such time that someone has to push it.

The current market flows show that altcoin is headed to the bullish season. I'm wondering now if big companies are buying it or just those normal investors and traders are hyping this. That is why we should choose only those altcoins that have a huge market volume and have a working product because this will give us assurance for a positive market result.

In some other times but you need to consider on the numbers of traders will trade it since if the whales are in focus on bitcoins only then we can see the bitcoins pump and the alts left behind, we see that happen for so many times that's why if we want the alt season happen the whales or traders should distribute their capital to trade on various alts since for this for sure we can see the alt season comes.
full member
Activity: 1190
Merit: 117
January 05, 2021, 06:45:50 PM
#18
I agree that alt season occurs starting with the increase in Bitcoin first, following by some of the top altcoins that come pumping too. Usually,
alt season will occur soon, although this year is a little different from 2017. But I am sure the pattern will not be much different. Therefore,
I really believe that the alt season will occur in 2021. So I still HODL some altcoins that I really think have good potential, because I am sure
that if the alt season occurs then it can generate considerable profit.
sr. member
Activity: 2828
Merit: 344
win lambo...
January 05, 2021, 06:44:01 PM
#17
This cycle has been done many times, we are all never see alt season before btc pump, so when bitcoin pump we only will see increasement in btc marketcap and marketcap share will be above 70%, after that bull run finnish then we can see the alt season. And will be many pump and dump coin there.
This is because altcoins are depending on the Bitcoin developments. Investors never look and consider investing altcoins if they never see Bitcoin going high, they are just rejecting it until such time that someone has to push it.

The current market flows show that altcoin is headed to the bullish season. I'm wondering now if big companies are buying it or just those normal investors and traders are hyping this. That is why we should choose only those altcoins that have a huge market volume and have a working product because this will give us assurance for a positive market result.
hero member
Activity: 1246
Merit: 502
January 05, 2021, 06:31:30 PM
#16
This cycle has been done many times, we are all never see alt season before btc pump, so when bitcoin pump we only will see increasement in btc marketcap and marketcap share will be above 70%, after that bull run finnish then we can see the alt season. And will be many pump and dump coin there.
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