Is it a new trend of Altcoin Bull run? - page 2.

redwine49

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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

poodle63

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Quote from: God bless u on January 04, 2024, 03:29:38 AM

Quote from: Makus on December 28, 2023, 01:26:02 AM

Actually the reason for this is, since Bitcoin of he first crypto coin, not all altcoins can be bought directly. For you to buy them, you first need to buy bitcoin and then swap to those altcoins. And before you can sell them, you still need to swap to bitcoin before you can sell. So its more like Bitcoin is the intermediary of those coin. So when the price of Bitcoin increase they also increase and when Bitcoin decrease they decrease, any trend Bitcoin takes they follow. However from my point of view of things, it seems they will experience the bull run with Bitcoin. Change is constant, anything can happen anytime so just be prepared for anything that might come.

this used to be the case back in 2016, 2017 until 2019. but now Stablecoin has taken over that spot from bitcoin. you don't need to buy bitcoin to buy altcoins anymore. u need to buy stablecoins first to buy any altcoin. you can still buy Bitcoin directly without buying any stablecoins. so Bitcoin is still strong in that manner.
Nowadays thanks to large p2p exchanges such as Binance, you can even buy a lot of different altcoins directly from people all over the world.

thats right, stablecoin replaced that intermediary, basically the reason why stablecoin has grown so much that china willing to ban it.
because people all over the world are using it because its just that convenient also no need to worry about volatility if you try to hold off from investing its really convenient these days.
even back then though i think people are buying altcoin directly using fiat, but represented as digital fiat in many exchanges right now with the presence of stablecoins that are integrated directly in the blockchain
things just getting more and more convenient, no wonder tether market capitalization increasing like crazy.

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Quote from: AakZaki on January 05, 2024, 04:57:03 PM

Strategy and analysis have become things that must be known to enter trading. This is not an easy matter, technical analysis requires good knowledge in determining when to enter and exit, not as easy as the theory studied. The practices applied will certainly be different. Knowing whether the market tends to rise or fall requires various technical and fundamental analysis, it cannot be determined simply.

Technical and fundamental analysis are necessary and as a trader, knowing both or one of them is good, atleast it will help one to become pro trader in the market. Rise and dump of the marker is everyday routine, never stepping back but focusing on solid winnings, evidence is important. A trend is basically something we shouldn't overlook and also altcoin bullrun is coming closer, we're here to stick to our strategy and grab significant profits where we see them. Anything in the market doesn't come like that, it requires good energy and strategy from the traders executed.

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Quote from: AakZaki on January 05, 2024, 04:57:03 PM

Quote from: Bushdark on January 05, 2024, 10:52:44 AM

This is a very popular topic and is what many people are really after to make money from the market. There are people that are still so skeptical of the market and want to make money but they don't know how to go about it. It is very important for us to strategize and utilize a way to know when we are to utilize techniques to know when the market would go up or come down. There was time when to analyze the market was very difficult but now things are becoming more easier for traders and investors to know when the market tend to go bullish.

Strategy and analysis have become things that must be known to enter trading. This is not an easy matter, technical analysis requires good knowledge in determining when to enter and exit, not as easy as the theory studied. The practices applied will certainly be different. Knowing whether the market tends to rise or fall requires various technical and fundamental analysis, it cannot be determined simply.

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.

AakZaki

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Quote from: Bushdark on January 05, 2024, 10:52:44 AM

This is a very popular topic and is what many people are really after to make money from the market. There are people that are still so skeptical of the market and want to make money but they don't know how to go about it. It is very important for us to strategize and utilize a way to know when we are to utilize techniques to know when the market would go up or come down. There was time when to analyze the market was very difficult but now things are becoming more easier for traders and investors to know when the market tend to go bullish.

Strategy and analysis have become things that must be known to enter trading. This is not an easy matter, technical analysis requires good knowledge in determining when to enter and exit, not as easy as the theory studied. The practices applied will certainly be different. Knowing whether the market tends to rise or fall requires various technical and fundamental analysis, it cannot be determined simply.

Bushdark

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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 very popular topic and is what many people are really after to make money from the market. There are people that are still so skeptical of the market and want to make money but they don't know how to go about it. It is very important for us to strategize and utilize a way to know when we are to utilize techniques to know when the market would go up or come down. There was time when to analyze the market was very difficult but now things are becoming more easier for traders and investors to know when the market tend to go bullish.

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Quote from: cozytrade on January 04, 2024, 04:00:53 AM

I never think about the trend, the trend is changing with time. Bitcoin is not a vanishing currency. Bitcoin still dominates the crypto market. All cryptocurrencies are based on Bitcoin. Altcoins will pump up following Bitcoin's price movements. As we have always seen, the value of alt coins tends to strengthen along with the increase in Bitcoin price. However, despite the increase in the price of Bitcoin this time, not all alt coins could wake up. Although the price of altcoins has started to rise slowly in recent times. I think this matter will return to normal situation in a very short time

I grab your u point, just like when the Bitcoin price hit $45k majority of the altcoins also followed that trend. Though this is not the first time this has been happening, but that just proves that there is just one master of them all and that is Bitcoin. What explains the whole following process completely is when the same Bitcoin had a correction after the little spike in price and altcoins also followed the trend. Trends can be caused by manipulating the market so we shouldn't be surprised if the market just experience a sharp movement.

Questat

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Quote from: cozytrade on January 04, 2024, 04:00:53 AM

I never think about the trend, the trend is changing with time. Bitcoin is not a vanishing currency. Bitcoin still dominates the crypto market. All cryptocurrencies are based on Bitcoin. Altcoins will pump up following Bitcoin's price movements. As we have always seen, the value of alt coins tends to strengthen along with the increase in Bitcoin price. However, despite the increase in the price of Bitcoin this time, not all alt coins could wake up. Although the price of altcoins has started to rise slowly in recent times. I think this matter will return to normal situation in a very short time

Perhaps, the market trend keeps on changing up and down but getting into a Bullish or bearish trend is a different story. We're not talking if the Bitcoin or crypto will vanish as we are talking about the current situation where are in a bullish state. May it never get your attention as per see but have to believe that this is existing in the market.

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.

redwine49

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Quote from: God bless u on January 04, 2024, 03:29:38 AM

Quote from: Makus on December 28, 2023, 01:26:02 AM

Actually the reason for this is, since Bitcoin of he first crypto coin, not all altcoins can be bought directly. For you to buy them, you first need to buy bitcoin and then swap to those altcoins. And before you can sell them, you still need to swap to bitcoin before you can sell. So its more like Bitcoin is the intermediary of those coin. So when the price of Bitcoin increase they also increase and when Bitcoin decrease they decrease, any trend Bitcoin takes they follow. However from my point of view of things, it seems they will experience the bull run with Bitcoin. Change is constant, anything can happen anytime so just be prepared for anything that might come.

this used to be the case back in 2016, 2017 until 2019. but now Stablecoin has taken over that spot from bitcoin. you don't need to buy bitcoin to buy altcoins anymore. u need to buy stablecoins first to buy any altcoin. you can still buy Bitcoin directly without buying any stablecoins. so Bitcoin is still strong in that manner.
Nowadays thanks to large p2p exchanges such as Binance, you can even buy a lot of different altcoins directly from people all over the world.

You can hold any amount of stablecoins whatever you wish. But i could not stand for people who spread stablecoin more than any altcoin or bitcoin it self.
Because i think stablecoins could threaten the crypto economy as a whole. when their supply expands over time, the risk will be higher and can erupt at anytime

Quote from: EarnOnVictor on January 04, 2024, 06:44:13 AM

Quote from: Rabata on January 03, 2024, 09:31:03 AM

A bull run usually depends on BTC.

This is a misconception, both Bitcoin and altcoins can trigger the bull run, and many of these have happened in the past. That is why none of the coins/tokens can function alone in isolation, they can cause ripple effects depending on the reason for the reaction

Can you give an example of what you are saying?

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

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 don't think this will ever happen so never that this will be a trend , in what case that Altcoin will make its Season before bitcoin , indeed that there are some altcoins that making their way up like SOLANA recently but that does not stand that all altcoins or many altcoins will make its way like what Solana does so nope there will be no such trend , and bitcoin will always takes place before altcoin does.

EarnOnVictor

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Quote from: Rabata on January 03, 2024, 09:31:03 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.

A bull run usually depends on BTC.

This is a misconception, both Bitcoin and altcoins can trigger the bull run, and many of these have happened in the past. That is why none of the coins/tokens can function alone in isolation, they can cause ripple effects depending on the reason for the reaction. Except that what is happening recently and since the late months of 2023 are being caused by Bitcoin news, but there are times that Ethereum and others have initiated a strong movement in the market as well. Also, there are times that Bitcoin will move and some altcoins will seldom move, while there are times they will move and Bitcoin will not move, so it all depends on the situation, especially the factor causing the bullish or bearish movements.

cozytrade

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I never think about the trend, the trend is changing with time. Bitcoin is not a vanishing currency. Bitcoin still dominates the crypto market. All cryptocurrencies are based on Bitcoin. Altcoins will pump up following Bitcoin's price movements. As we have always seen, the value of alt coins tends to strengthen along with the increase in Bitcoin price. However, despite the increase in the price of Bitcoin this time, not all alt coins could wake up. Although the price of altcoins has started to rise slowly in recent times. I think this matter will return to normal situation in a very short time

God bless u

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Quote from: Makus on December 28, 2023, 01:26:02 AM

Actually the reason for this is, since Bitcoin of he first crypto coin, not all altcoins can be bought directly. For you to buy them, you first need to buy bitcoin and then swap to those altcoins. And before you can sell them, you still need to swap to bitcoin before you can sell. So its more like Bitcoin is the intermediary of those coin. So when the price of Bitcoin increase they also increase and when Bitcoin decrease they decrease, any trend Bitcoin takes they follow. However from my point of view of things, it seems they will experience the bull run with Bitcoin. Change is constant, anything can happen anytime so just be prepared for anything that might come.

this used to be the case back in 2016, 2017 until 2019. but now Stablecoin has taken over that spot from bitcoin. you don't need to buy bitcoin to buy altcoins anymore. u need to buy stablecoins first to buy any altcoin. you can still buy Bitcoin directly without buying any stablecoins. so Bitcoin is still strong in that manner.
Nowadays thanks to large p2p exchanges such as Binance, you can even buy a lot of different altcoins directly from people all over the world.

Bushdark

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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.

batang_bitcoin

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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.

That's the pattern that we see and it doesn't happen once in a blue moon and it's like that these two are always together.

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

When the price of that coin increases, it is converted into that coin and sold. For this, the price of both may increase together.

As we talk about both of them, the other one which are the altcoins. Generally speaking, it is not all of them that are going to increase. We may see some of their deaths and greatness and that's a balance thing on this market when we see such.

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Quote from: redwine49 on January 03, 2024, 04:12:24 PM

I think we need to explore more to know why XRP still not moving at all.
Acording from XRP chart history, XRP ATH was in late 2017 since then XRP just nothing base on price movement in the past 5 years.
So i think we can exclude it

Last bullish season, XRP had a big problem with the SEC which made the price of XRP really drop and find it difficult to rise again. However, they actually had a chance to really rise before then dropping again. and currently XRP price is likely Matic, namely that it is still following the bearish era of several top altcoins. but it cannot be denied that the system is really different. So the point is that XRP itself is actually still quite worth it to hold on to in preparation for the bullish era. But once again, this is not financial advice, just my opinion because many people say that there are many other coins besides XRP that are better. but once again, everyone has their own preferences and plans.

Hypnosis00

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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.

Indeed, the entire market is reliant on Bitcoin. With the current situation of the market, we can already say that it was on the bullish side. As we can see, some altcoins had already pumping which I believe that was an impact on the growth of Bitcoin price. As halving is expected to arrive a few days from now, the more we are expecting price rallies on Bitcoin which also drives the price of many altcoins to pump. Such a domino effect wasn't new to us, especially old-timers.

redwine49

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Quote from: Rabata on January 03, 2024, 09:31:03 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.

A bull run usually depends on BTC. Various altcoins started to bull when BTC run from the dip to the high price. Not all coins are equally bullish. If we look at the movements of some altcoins in recent times, we see that some coins are increasing in price while some coins are not increasing. If we look at XRP that coin has often stayed at the same position for a long time but some other coins have already increased multiples times. The bottom line is that some altcoins will continue to be bullish after a bull market begins, while some altcoins may even high in bullish momentum. As far as I know, this is how bull runs happen in the history of crypto.

I think we need to explore more to know why XRP still not moving at all.
Acording from XRP chart history, XRP ATH was in late 2017 since then XRP just nothing base on price movement in the past 5 years.
So i think we can exclude it

|MINER|

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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.

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.

Because of the upcoming bull run, many people are hoping that they will get a big profit by investing in other cryptocurrencies and meme coins. Now, if they can pump suddenly, they can really get a big profit.

There are other cryptocurrencies these days that really have potential in the market, as long as you really know how to choose crypto potential. And surely, in the end, you will get a profit from it. As long as you know when is the right time to sell.

Topic: Is it a new trend of Altcoin Bull run? - page 2. (Read 672 times)