if btc is in a bear market, can some alts still moon ? - page 2.

777Jolami

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Quote from: Justbetting on March 23, 2021, 10:58:20 AM

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

This comparison is lame. In early 2018, many major incidents happened, the biggest being the conflict surrounding Chinese and Indian sanctions on bitcoin and cryptocurrencies. This explosion caused the symptom of severe congestion in the popularity of the crypto world, becoming the subject of "bubbles". But after Covid 19, things went well. The vast majority of institutional investors have created a huge incentive for bitcoin's value. ICOs do not have many ways to profit, but mainly decentralized finance (Defi) has supported the development of altcoins in a more macro direction. Though, I think the bear market is still there. but the resistance is now higher.

shoreno

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Quote from: Justbetting on March 23, 2021, 10:58:20 AM

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

if you only did a reserarch you wont be asking for samples anymore but im in a good mood so i did some research for you . theres many threads related to your topic but i only pick the date 2018 where btc dump .

thread 1 but has a less reply : https://bitcointalksearch.org/topic/alts-at-the-mercy-of-a-bitcoin-dump-4361062

thread 2 , the one with more replies : https://bitcointalksearch.org/topic/why-do-altcoins-follow-bitcoin-4436807

most replies says that alts do follow btc

hahay

legendary

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I'm just not sure something like exists, because even the slightest bitcoin is corrected the rapid decline occurs in the altcoins. So, if the bear market hits bitcoin then of course it will be a painful downturn for altcoins holders but indeed, when bitcoin prices are low there are at least a few altcoins getting a bit of a pump but still, that pump won't make the altcoins to the moon by itself.

cabron

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BTC may have a huge impact on the altcoin market, but this is not the case for some altcoins. Some are not dependent on BTC movement, especially if there is an upcoming event or update about a project. Development on projects or any updates creates hype in the altcoin market regardless of what price BTC is.

It only happens because there is a bull market and the money goes to altcoin when BTC experiences a correction. But when the bear market comes, no altcoins can escape for all will just be dumped as well. This could change somehow in the future because of the adoption. We can see right now that even big institutions are grabbing altcoins, maybe it could change the pattern.

X-ray

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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.

Is not it how big the pump will depend on the any news that comes from the project? As far as i know if this news will give a very big impact to the price of altcoin even when it was still on the bearish trend and then altcoin can still get a pump.
How big the pump totally depend on how big the news that will be coming for sure.
When you are seeing the market and pump is happening randomly and it can't be predicted whether the pump will be big or small but the news can determine that.

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No altcoin will go to the moon if the market is going bearish, in general all altcoins will follow bitcoin, if the bitcoin chart is bullish then the altcoins will be bullish, if bitcoin is bearish then altcoins will also be bearish.
and bearish is very different from the price that is pumped, because the price that is pumped is not necessarily bearish, because bearish is a market trend as an outline, whereas the price that is pumped is only the beginning or the end of a market trend.

akirasendo17

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yes, sometimes it's not usually about BTC, but what the coin or token is presenting if there is any upgrade or partnership with some big companies or a product the token price can move up because of it, but if BTC goes down and the token or company has no progress or movement then it has a tendency also to go down, pay attention to what they are presenting or offering if it's not significant then it will not move the price up, either be steady on the current price or drop.

shinratensei_

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Quote from: Justbetting on March 24, 2021, 04:04:41 PM

So basically answer is to buy coins with fundamental that people still use during bear market ?

It should be true but it's not all of the pumpers will be pumping the coin with good fundamentals. Sometimes the whales are randomly pumping the undervalued coin.
The problem is how do you know about that? So many people are speculating about this but again the pump can't be predicted but you can try to follow the fundamental of coin-like what news that will come soon and this can attract the whale to pump it.
I have been making a lot of money by following the rumour and news about some altcoins.

wxa7115

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Quote from: GreatArkansas on March 23, 2021, 08:43:42 PM

Those who experience the bullmarket last 2017-2018 will able to share their experience.
I also experienced it, but I believe this time is already different now. There are still a lot of people saying "altcoin season" but do we already experience it? Or still nah?
Maybe some people still don't appreciate the recent pumps of altcoins, the only difference from 2018 is on 2018, random altcoins pumps, most of them are shitcoins.
But these days, seems only a few altcoins do.

Another thing to look at is the Bitcoin dominance, this is one of the best tools to use for identifying altcoins increase in market cap.

Without a doubt the market has changed, it seems to me that back then people still thought that bitcoin could be replaced by one of those altcoins, they thought that since their technology was no different then one of them could surpass it and as such people began investing in all kind of altcoins thinking that they were going to be the next bitcoin.

But now people know the truth, there is never going to be another bitcoin there is only one and it's the original, and this means that the attention of institutional and retail investors has grown significantly and most of it is concentrated only in bitcoin and I think it is very likely that this behaviour is only going to intensify as years go by.

Anonylz

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Quote from: Justbetting on March 23, 2021, 10:58:20 AM

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

Right now there is one such coin that is 49% up while most of the market including btc are down, i stumble upon the topic few days ago, one forum member was talking about it and i just put it on watch list on my coingecko app, and as i type, DeepBrain Chain (DBC) is not affected by this sudden dip that spread like a plaque, so yeah, sometimes you come across coins/tokens like that, not affected by the condition of the market at that particular moment.

sujonali1819

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Quote from: Justbetting on March 23, 2021, 10:58:20 AM

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

In this case you have to focus on the BITCOIN and altcoins dominance. Most of the time when bitcoin dominance goes down and altcoins dominance goes high is the high time to go moon for altcoins.

But yeah when bitcoin make some more correction continuously without keeping stable in price then I think It’s not the time to go moon by altcoins.

Fivestar4everMVP

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Well, it depends on the altcoin, in as much as almost all crypto altcoins are tied to bitcoin, some alts with good foundation still manage to break that tie and not depend on bitcoin's movements for their own movement, this is why if you search coin market cap thoroughly, you will find altcoins that are mooning right now even as bitcoin are some other major altcoins are dropping very hard, go to Gainers and Losers section of coinmarketcap, you will find altcoins mooning right now, even as bitcoin which is their god father is dropping in value.

TastyChillySauce00

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Definitely can, some alt might have their own time of bullish and not affected by bitcoin at all but quite few actually since when btc is in bear market most of altcoin gonna either not moving in price or getting dumped.
However, most of alt that are new and have relatively low market cap and trading volume usually doesn't follow bitcoin market pattern.
But, the coin with high market cap usually just follow bitcoin.

isaac_clarke22

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Quote from: Justbetting on March 23, 2021, 10:58:20 AM

~

Ah yes. Most of those are just pump and dump schemes. You'll see it fall faster than a shooting star once the investors decided to exit and dumps all the coin.
Consider also those bounty hunters looking for quick $$$ .

cheezcarls

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Quote from: Justbetting on March 23, 2021, 10:58:20 AM

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

Of course, there are some ALTS who were never influenced by Bitcoin’s price unlike in 2018. If you can see on CoinMarketCap’s top gainers of the day, there are altcoins who “mooned” even if Bitcoin, Ethereum, etc., goes down.

michellee

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Actually, we already know when bitcoin is in the bear trend, some altcoin can increase but the other follows down and makes a correction. But to get the rise higher, the altcoins will need time and support and that is not easy, especially if the coin does not have a good moving at the market. We already see some of the altcoins such as dogecoin, bnb, ethereum, litecoin can break the new ATH, although those coins are down again right now. It is a good time to buy more bitcoin but that will depend on the bear trend itself because if the bear trend still on the market, maybe the price will go down for more. So before you buy, make sure you can analyze the coin.

xSkylarx

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If you mean moon that will increase above 100% of its current price then I don't think it is possible unless they have some partnership with a very known institution in that field that can cause FOMO. Alts price are always dragged down even harder when we are in a bear market. Many people panic sell their holdings thinking that it would not recover in long term. After 2017's ATH, the market at the following year until mid 2020 if I remember is very low-spirited. Announcements from different projects are very seldom during those times.

fia_naila

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These situation happen in 2013 and 2017, and now probably will happen too. We still will see bitcoin bullish untill the end of this year, and after that bitcoin bearish season will comes, many bitcoin holder will trade their bitcoin and buy altcoin thats why altcoin season usually happen after bitcoin bullish. Maybe we will see many ICO like student coin will mooning at the beginning of 2022.

usinanutshell

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Usually, a lot of alts are saving news for a market turnaround.

Altcoins seem to be losing momentum faster than btc (not fact just observation)

But I saw it three times that certain ALTS go the opposite way even BTC is down by 10-20 percent..

1st is Solana when it reached its $18 per SOL.
2nd Cardano, just this month.
3rd Blocknet

I'm not sure what is the factor that changes things around. Perhaps, great fundamentals as well with a lot of news in the long term.

adzino

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Some altcoins might when they are "trending" and others when they are being manipulated. When bitcoin starts to drop, the usual scenario is that the price of altcoin starts to drop even harder. But sometimes, there are few altcoins that starts to rise due to FOMO and other factors. Again, there are those that are being pumped, eventually ready to be dumped. Those are the coins that we call shit/scam coins. You find a lot of those coins and you will usually see that their price has went up like more than 5 times or 6 times. Don't invest in those. You will regret.

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