Topic: if btc is in a bear market, can some alts still moon ? (Read 693 times)
Of course, each project has its own fundamentals and developments. It all depends on the project they are working on it when bearish comes, if they have a good news I think it will make price pump. Remember that, FOMO is always good for the price.
I know i can do a quick research but give example of when btc was in bear market, the 2018 beginning of year, and some alts still moon ?
any example
I think this years market is very different from the previous bull market because we have seen that bitcoin manage to climb up massively regardless of the corrections happening so the moment you see that bitcoin goes down its just an indication of a retracement on the market. However, I think that bitcoin price will go sideways due to altcoin season is nearly approaching. any example
of course there are some alts that could moon, even ETH if having a good time could go up in prices while the other alts and bitcoin going down, it's just matter of whether these altcoins could bring demand to their coin or not. Although many people saying that all coins follow bitcoin but that's definitely not the only factor. the same thing like how XRP is dumping while other coins are in bullrun.
Bitcoin now is back to $58k, making ethereum back to $1,900 and BNB breaks $300. It is a good time to see the altcoin follows bitcoin moves, making the crypto market have a bullish trend. We can hope this month will be great for the crypto market to have another rally. But XRP is not yet increasing and the price seems stable at the current price.
As long as bitcoin is making higher highs, we can expect good momentum in the altcoins. XRP may not perform as per the expectation because there is a law suit against them and people are not comfortable and have confidence to invest in that coin. Rest assured that all the good altcoins will perform well as bitcoin will move up.
I agree that market has changed. But now Bitcoin has a market dominance of more then 60%.
All altcoins are different. To create demand in altcoin it is necessary to have a big community of users of altcoin. That price of altcoin depends on its liquidity.
It must be simple to buy and sell altcoin. It is good that their are survices, like https://www.koinal.io that allow simple and quickly to buy altcoins directly from bank card.
I think that such services like https://www.koinal.io are useful for people because they make cryptocurrency more avalable to people. Cryptocurrency must have a developed ecosystem that more people will use it.
It is possible because early on, when bitcoin is still high in value, people feel like it doesn't have the power to go much higher anymore but altcoins do so they spend their bitcoins to buy altcoins and pump these altcoins.
This is like a self-fulfilling prophecy where you feel like something is going to happen and unwillingly move towards that thing, making it happen.
If altcoins moon while bitcoin is falling you should know that it's not going to last.
This is like a self-fulfilling prophecy where you feel like something is going to happen and unwillingly move towards that thing, making it happen.
If altcoins moon while bitcoin is falling you should know that it's not going to last.
Altcoin price is highly related on Bitcoin Dominance. In case Altcoins is pumping while Bitcoin is dumping, I'm sure that Bitcoin Dominance that time is plummeting too same speed as Bitcoin. You are right that people is just moving money from Bitcoin to Altcoin and that is the cycle of crypto market. This scenario can last for a long time especially when BTC do sideways then dump repetitively.
You can refer on the picture below:
Sideways or whale dive to create more artificial movement, most of the time investors who earned from Bitcoin pumped divert their assets to their targeted project.
Creating buying pressure and moving the project up, waiting for the perfect timing to release the asset again when they'll already satisfied with the profits.
You needed to assess and observed deeper, it will help to avoid losing your money with such kind of manipulations.
tbh, the question should be "can some of (major) altcoins still moon?" because there are always some coins out there that are used for pump and dump while having the chance of becoming outlier while bearish market happens.
But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
This is why scammers are always trying to find the next big thing that will overtake this market, they are always looking for something to try to scam people and at this time it seems NFTs are their answer, there are some NFTs that could be worth a fortune in the future, especially real works of art, but the things people are selling with the excuse of NFTs are ridiculous.But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
They are literally skipping the step of trying to convince you they have something in the future stored for the coin they are creating, they are going straight to the jugular by just asking money for something that is not even theirs as I have seen some people selling the posts of satoshi on the forum which is something it does not belong to them and yet there are buyers for it.
Almost every altcoin will goes down when btc price goes down, but sometimes there is one or two good new project will win againts BTC and it is mean the price will sideway or even going up againts dollar. It is all depend on the project itself. If the project have strong community and fund and also did the good thing it will win againts bitcoin.
It depends because indeed there's a significant difference between BTC and alts. But yes sometimes alternative coins make a different movement when bitcoin across the bear market but it depends on the situation.. For example on this current situation.. As you see bitcoin still making good progress but at the same time some of the top alternative coins in the market doing the same thing as well. So not all the time there's an opposite direction when it comes alts and btc. Just like what happened way back 2018 because it depends always on the situation in the market.
It is possible because early on, when bitcoin is still high in value, people feel like it doesn't have the power to go much higher anymore but altcoins do so they spend their bitcoins to buy altcoins and pump these altcoins.
This is like a self-fulfilling prophecy where you feel like something is going to happen and unwillingly move towards that thing, making it happen.
If altcoins moon while bitcoin is falling you should know that it's not going to last.
This is like a self-fulfilling prophecy where you feel like something is going to happen and unwillingly move towards that thing, making it happen.
If altcoins moon while bitcoin is falling you should know that it's not going to last.
Altcoin price is highly related on Bitcoin Dominance. In case Altcoins is pumping while Bitcoin is dumping, I'm sure that Bitcoin Dominance that time is plummeting too same speed as Bitcoin. You are right that people is just moving money from Bitcoin to Altcoin and that is the cycle of crypto market. This scenario can last for a long time especially when BTC do sideways then dump repetitively.
You can refer on the picture below:
I know i can do a quick research but give example of when btc was in bear market, the 2018 beginning of year, and some alts still moon ?
any example
There are many factors regarding the rise in altcoins that occur when bitcoin is experiencing a decline. and the altcoin average in terms of trading volume is still low. so it is easy to experience a high rise. any example
you can check on coinmarketcap : https://coinmarketcap.com/gainers-losers/
Nearly all that experienced high increases were new altcoins and also the market cap or trading within 24 hours experienced a high increase from the previous low. these things are commonplace and happen every day. Hype and Fomo were created to be able to raise prices. or usually their platform is launched. so even if bitcoin is in a bear market there will still be an increase in altcoins
The price of bitcoin is already at $ 58k and there is a possibility that this year the price will reach $ 100k so I predict many altcoins will pump the price but not all so time to buy altcoins but make sure it is longterm and big volume and the large impact of bitcoin on altcoins when the price rises.
BTC has great potential to reach 100k, l think it is possible and we will see BTC at this price till the end of this year. But everything is possible, BTC can get also down. If BTC would get down, that means most coins will decrease. That is why most coins' prices depend on the BTC movement. But if you want to invest in any coin, this coin should be the best for the long term such as top altcoins. You should be patient and mostly you will make good money in the next season. That is why none can predict what will happen and bull run can be over in the near future, when a bull run comes, altcoins can not go the moon.
It is possible because early on, when bitcoin is still high in value, people feel like it doesn't have the power to go much higher anymore but altcoins do so they spend their bitcoins to buy altcoins and pump these altcoins.
This is like a self-fulfilling prophecy where you feel like something is going to happen and unwillingly move towards that thing, making it happen.
If altcoins moon while bitcoin is falling you should know that it's not going to last.
This is like a self-fulfilling prophecy where you feel like something is going to happen and unwillingly move towards that thing, making it happen.
If altcoins moon while bitcoin is falling you should know that it's not going to last.
It's very rare to see altcoins still moon when the Bitcoin price starts to fall, because most altcoins are supposed to follow Bitcoin's price movements.
But there are some altcoins that continue to rise when the Bitcoin price has fallen, this is because these altcoins are still hype. So the demand is still
quite high, but even though it happens like that it doesn't last long. My advice is if you find instances where altcoins are still rising in price, even
though Bitcoin has started to fall in price. Avoid buying these altcoins, usually there is price manipulation from whales.
But there are some altcoins that continue to rise when the Bitcoin price has fallen, this is because these altcoins are still hype. So the demand is still
quite high, but even though it happens like that it doesn't last long. My advice is if you find instances where altcoins are still rising in price, even
though Bitcoin has started to fall in price. Avoid buying these altcoins, usually there is price manipulation from whales.
I know i can do a quick research but give example of when btc was in bear market, the 2018 beginning of year, and some alts still moon ?
any example
any example
Yes, it has always happened, when Bitcoin goes down most Altcoins go down, but in a radical way, when you enter Binance and see the price of Bitcoin going down, when exploring the currencies that have risen the most are usually the ones that survive from Pump and Dump are easy to recognize because they are usually seen with an increase of 30%, 25%, but it is difficult to take that profit, since many groups are dedicated to pump and dump, by telegram there are many groups of this style, I think that it's the only way for those coins to have some life when Bitcoin falls in price.
I have read a lot, and some say that if there is a bearish stage of bitcoin, the currency that would be excellent performance in that eventuality is BNB and Cardano, but they do not explain why.
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of course there are some alts that could moon, even ETH if having a good time could go up in prices while the other alts and bitcoin going down, it's just matter of whether these altcoins could bring demand to their coin or not. Although many people saying that all coins follow bitcoin but that's definitely not the only factor. the same thing like how XRP is dumping while other coins are in bullrun.
Bitcoin now is back to $58k, making ethereum back to $1,900 and BNB breaks $300. It is a good time to see the altcoin follows bitcoin moves, making the crypto market have a bullish trend. We can hope this month will be great for the crypto market to have another rally. But XRP is not yet increasing and the price seems stable at the current price.
of course there are some alts that could moon, even ETH if having a good time could go up in prices while the other alts and bitcoin going down, it's just matter of whether these altcoins could bring demand to their coin or not. Although many people saying that all coins follow bitcoin but that's definitely not the only factor. the same thing like how XRP is dumping while other coins are in bullrun.
Crypto world is getting bigger every day... not every year, every day! It's impossible to follow everything that happens in crypto, new projects arise, old ones get abandoned...
We had situations where Bitcoin is going down, while some alts are making progress in the terms of price. But just some alts, not a bunch of them! And that is a normal process, money is changing sides all the time here.
You can be a magician and buy before the rise, but for us, ordinary people just holding good alts will pay off eventually! So try to make a good choice and just wait for your alt to do something more on the market!
I know i can do a quick research but give example of when btc was in bear market, the 2018 beginning of year, and some alts still moon ?
any example
Obviously when you say bear market that means that the market is having its down fall regardless if that is bitcoin or an altcoins so there is a very small possibility that some alts can have a pump but not massively.any example
tbh, the question should be "can some of (major) altcoins still moon?" because there are always some coins out there that are used for pump and dump while having the chance of becoming outlier while bearish market happens.
But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
I don't find any altcoins after the price of BTC has fallen, they still hold their highest price unless they were doing some development and gathered some investors for different reasons. Most of the time when the price of Bitcoin has fallen to the bottom, the market is called the red market since the other top Altcoins are following its demise except the stable coins. Nowadays we don't see such a scenario anymore since good things are flowing in the bitcoin industry and it affects the crypto industry in a positive way as well.
tbh, the question should be "can some of (major) altcoins still moon?" because there are always some coins out there that are used for pump and dump while having the chance of becoming outlier while bearish market happens.
But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
Individual altcoins can in some cases go against the price movement of bitcoin and this happens more and more recently. If there are positive changes in the project of an altcoin and this leads to an increase in demand for it, then of course, such an altcoin will grow in price in any state of the cryptocurrency market.But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
I would actually like this to become the norm, because the rigid price adherence of all altcoins to the bitcoin price is pretty boring.
tbh, the question should be "can some of (major) altcoins still moon?" because there are always some coins out there that are used for pump and dump while having the chance of becoming outlier while bearish market happens.
But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
But major altcoins usually just follow bitcoin price movement ever since ages ago. But honestly, whether or not a coin gonna follow bitcoin market completely totally depends on the circumstance of the coin itself, if a hype like defi projects to happen during bearish market they could go against the market trend.
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