Is it a new trend of Altcoin Bull run?

Promocodeudo

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Quote from: Bushdark on January 04, 2024, 03:06:45 AM

Quote from: |MINER| on January 03, 2024, 11:45:40 AM

It is not possible to say exactly what this indicates, but one should be prepared for anything. But generally, when the price of Bitcoin increases, the price of altcoin also increases. Because there are many altcoins that require Bitcoin to buy and convert to BTC to sell. When the price of that coin increases, it is converted into that coin and sold. For this, the price of both may increase together.

The trend is changing gradually and with time we might have to blame ourselves why we never invested into the market for the money.
There are people that are still waiting for the market to change patterns before they start buying and trading it for a long move.
We don't have to be bothered about what others have to think about the market. The market is going to be profitable for us if we are ready and know how to enter the market with a big move that is going to be more profitable for us with time.

The truth is that many people are doubting Thomas so they don't believe anything about digital money unless it is their usual traditional banking system, it is not longer a new thing that bitcoin and alternative are on the rise everyday and many people had the opportunity to invest when the price was in the dip stage which is the best time to buy, now it will look like a mirage to them because they never believed in the process why now, the way events are unfolding everyday I think the next upsurge will be in such way that those who never saw this opportunity coming will regret never taking the bold step. Though going into the market is another thing as you mentioned but someone can only go into the market if he or she is ready.

Ben Barubal

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Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

I think most people know that when there is a rally in bitcoin, it also pulls many of the top cryptocurrencies in the market up in value as well. For example, when the bitcoin price rises, ETH, BNB, MATIC, and other altcoins that are in the top listing of the market will definitely rise as well, in addition to meme coins.

And these are the altcoins that have good market volume daily and, to be honest, market capital. And altcoins are not the cause of the rise of Bitcoin; that is not true, and the majority of the community in this field of the crypto space also knows that.

niall51

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Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

The current market is very difficult to predict. This cycle is different from the previous cycle. I think altcoins will follow the Bitcoin bull run. Altcoins will follow because the king of cryptocurrencies is Bitcoin. Keep in mind this is just my personal opinion. Correct me if I'm wrong.

snowpega

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Even though this thread is kinda of old to reply but I think still relevant to discuss about the bull market for the altcoins projects. About one month ago we saw a good rally in some altcoin projects with a huge pump to their price and has returned a good profit to the investors but after some time these projects started to lose their price value. even that was not the bull market but people enjoyed a lot these pumps.

on the other hand, I noticed good pumps in most of the altcoin $near also gained about $3 dollars more to its value within 24 hours and it is now currently trading $5 point something on binance exchange. It is just the beginning of the bull market and I hope the market will show its original face to the investors in the form of bull season after the halving event. what do you think about that? Before that, we have to get ready with our profit booking strategy so that we may not lose any good specific points. In my opinion, we should do DCA for booking the profits as well in this way we can get a good amount of profit. DYOR

Wildwest

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I have tried several times to discuss the issue of bitcoin and altcoins, both of which are very closely related during the emergence of crypto, many people are curious whether altcoins are not related to altcoins.
I think this is no longer a new altcoin bull run trend but a bullish market will soon occur this year, which essentially means that every time there is a price movement in Bitcoin, several altcoins will also rise.

bastian466

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Altcoin trends follow Bitcoin upward movement with the aim of creating new all time highs. From this event there were several altcoins that followed, but there were also altcoins that were stable, there were also those that reversed direction, in my opinion they were very diverse. However, most investors like altcoins that follow the bull run trend because they can exploit this moment as a promising investment vehicle

VFalcon

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Oh yeah, now the alts are starting to get excited about flying to the moon. I'm surprised by NEAR and TFS this alts season, they are suddenly making a lot of money for the second time in a row.

Claymore2

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In my opinion, the link between Bitcoin and altcoins is steadfast and unshakeable. Despite attempts to separate them, they continue to move in sync. It's hard to predict how long this correlation will last, so for now, it's best to acknowledge it as part of the crypto landscape. When Bitcoin experiences gains or losses, it sets the tone for the entire market. While this connection might evolve over time, at present, it's an essential factor to consider in my trading decisions.

Dailyscript

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OP, it is not a new trend. Altcoin has been increasing significantly whenever bitcoin starts increasing. It has been from the start that whenever there is a bull run, all the altcoins and bitcoin itself see a high increase in their price. I had a few coins in my wallet sometime ago; it were worthless, just 0.60 cents but when the bull run came, i got good profit when the price reached $4 for one.

AVE5

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The booster of the current increments in the AltCoins even while we haven't reached bull run is because even the bitcoin halving season is hitting up to overtake the last bull run Ath. So also it's cordial with the AltCoins. I hope you see that the changes in the appreciative AltCoin values at now is a trigger by the uplifting of the bitcoin. There's actually some bit differences this season in the crypto industry via market cap at this time.

Promocodeudo

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Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

The thing is that, normally if bitcoin appreciates in price, this event should affect alternative coins because at this point bitcoin will be very high and many investor has already have a comfortable amount of Bitcoin in their custody and the next move will be diversification which will directly affect the price of this coins drastically, this why no matter how skeptical many of us is about altcoins and shitcoins people will always be tempted to invest in them this time because of their potentials upsurge, let's not forget that altcoins was created because Bitcoin was very high some investors though strategy were put in place to accommodate many investors but many of them prefer large profit and that has been the case.

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Quote from: tsaroz on January 10, 2024, 10:40:51 AM

Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

Crypto market is creating new precedent every time. While it still is an accepted fact that there are no real movements on the market unless bitcoin is moving, the alts too have now gained individualized movements depending on their fundamentals and market supply and demand. The unprecedented growth of SOL in a short time is one example how even a large capped coin like SOL can outperform bitcoin a multiple of times. We have seen such growth in low capped pump and dump alts but not in a coin as huge as Solana.

SOL is almost unbelievable. I thought it would stop and be dumped at $60, I sold the few I had been holding and then continued to go up. There are few others but it's SOL that is going massive. It's not unusual because BTC is also going higher, the only unusual is that they are just a few altcoins and the popular ones are not going up, ETH is not rising along with BTC.

tsaroz

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Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

Crypto market is creating new precedent every time. While it still is an accepted fact that there are no real movements on the market unless bitcoin is moving, the alts too have now gained individualized movements depending on their fundamentals and market supply and demand. The unprecedented growth of SOL in a short time is one example how even a large capped coin like SOL can outperform bitcoin a multiple of times. We have seen such growth in low capped pump and dump alts but not in a coin as huge as Solana.

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Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

Recently there was some bullish movement observed around Bitcoin and that could be seen as a possible reason most of the altcoins had a bull movement recently, its well known that most of the Altcoins follow after Bitcoin movement and so they sometimes double up in the what ever direction Bitcoin goes, I'd bit coin moves upward by 2% some of these Altcoins make almost 10% movement in same direction if not even more sometimes they even do same when there's a bearish movement aswell, they even have worse Case as the do more negative than Bitcoin does.

Summarily Bitcoin has the total direction that's been followed by othe Altcoins so there's not a bull run for altcoins outside that which wasn't first initiated on Bitcoin, every slight move in Bitcoin may appear like a Bull run to some Altcoins.

GeorgeJohn

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Quote from: kentrolla on November 16, 2023, 08:41:51 AM

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

It's very obvious that some of the altcoins I know quite well that have potential is not like same since Bitcoin started experiencing a bull run from my perspective, so what I'm trying to let everyone know is that without the chart of bitcoin showing green color in the market I don't think that altcoins price will increase again, so therefore I believe that altcoins always make a move of increment during a proper bullrun

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January is the best time to buy more in my opinion btc is not halving yet and etf is not approved yet when both of the news come out I do believe this will be fire and altcoin might reach the new all time high

so yeah the bull run is gonna happen soon

Oasisman

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Quote from: redwine49 on January 06, 2024, 07:51:49 AM

Quote from: Questat on January 04, 2024, 08:07:19 AM

If this is the first time you have experienced the bull season, then I have no wonder but for us who have been in the cryptos space for many years and had previous experience of Bullrun, we can say that we are almost there.

Maybe but the time is not right. I remember the last halving is on may 2020 then we compare with bitcoin price at that time.
https://coinmarketcap.com/currencies/bitcoin/
One month before the last halving bitcoin go down significant more than 50% and after the next 6 month crypto finally enter the bull market.
So what you re saying is not relevant

Well, a year could fly so fast, so I guess it's still safe to say that we are almost there. We are all aware that it is not at the prior halving where bitcoin and altcoin had an insane pump or the month after, but it usually took several months before the huge bull run occur. We are almost in the next halving, just more than a couple of months and after that it should be the most anticipated bullrun. Bitcoin price will always have an effect on majority of the altcoins, if you're planning to stack more of your bags, better do it right now because again we are almost there.

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Quote from: Yamifoud on January 05, 2024, 05:37:28 PM

Of course, we can't but what we are currently experiencing we believe is a sign of possible Bullrun. It could be right or wrong but judging on the current situation and even comparing it to the previous years, the market sentiment still moving in the same direction almost the same. However, we still further our research and keep aware of the situation as you are right, we can't assure that this will happen (or not) at least we are prepared enough and already have a plan in case the trend moves in the opposite direction.

Everything must be prepared well, when the market trend moves to the position we hope for it will be an opportunity to take advantage, but if the trend reverses then we need to accumulate to increase the assets we have. After all, there is no need to panic about the current market situation, we are just about to face the highly anticipated Halving. Bullrun is coming soon, so prepare well.

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Quote from: Y3shot on January 06, 2024, 03:28:36 PM

This is a time people need to be careful how they go about their investment, they should not be carried away just because they want to make profit and go into investment that will not end well. Most project right now looks very attractive to invest but may end up very bad , this is a time one needs to make a thorough research to be sure of where money should be invested into .some coins are attractive to invest but may not do well along the line.

Indeed, we should spend our money wisely by conducting proper research on coins before buying them, so that we are sure not to buy any scam projects. But I must say that, research alone isn't a sure guarantee that you would be buying a legit coin. Left for me alone, I'll suggest we just go into Bitcoin adoption now, since more than 70% of altcoin are following it tends. And besides the halving is this year and might surprise us any time since no one can actually predict the exact date for the halving. And after the halving comes the bull run, and the hype of this year bull run is believed that Bitcoin will hit a new ATH up to $100k.

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Quote from: GlacierBIT on January 03, 2024, 09:50:41 AM

The bullish growth of cryptocurrencies attracts a lot of attention, it is difficult not to notice such an even, this is a hot topic for discussion and analysis. The volatility and unpredictability of the cryptocurrency market allows it to become more and more interesting to new people. After the holidays, we will see in which direction the market will move and what mood we will encounter.

This is a time people need to be careful how they go about their investment, they should not be carried away just because they want to make profit and go into investment that will not end well. Most project right now looks very attractive to invest but may end up very bad , this is a time one needs to make a thorough research to be sure of where money should be invested into .some coins are attractive to invest but may not do well along the line.

Topic: Is it a new trend of Altcoin Bull run? (Read 672 times)