Is this a correction in before altseason 2021 ?

travwill

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Quote from: BitKongy on April 08, 2021, 12:59:07 PM

Quote from: travwill on April 07, 2021, 02:52:49 PM

Correction? What is happening now according to your correction? And I don’t understand, all that growth that we have been witnessing for several months is not an alt season for you? In my opinion, the alt season is already underway, and for a long time, which means that in the future we will have a very long and very deep correction. What is happening now is probably the beginning of this collection but one cannot know for sure.

Make makes you think OP is holding one of those coins that brings 10x in past weeks? Or are you saying that all crypto projects have rise in value? Many haven't even show any bullish sign yet and few are just getting started, bitcoin just starting to lose its dominance and that's a bullish sign on altcoins for me

Yes, there really are such coins. However, most of the market, especially the top coins and high-cap coins, has been showing bullishness for several months now.
Therefore, I see no reason to believe that we are not in the altcoin sehon. Nowhere is it written that altcoin season is for all coins. Obviously, there will be those coins that will grow and those that will remain in place or even fall in value.

Golftech

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Quote from: lienfaye on June 24, 2021, 01:36:01 AM

No one knows what's going to happen in the future, it can bounce back in few days, months or even years. Even some so called experts have an analysis that this correction wont take long, still no one can certainly predict the future. What we can do now is to believe of the coins that we currently hold and fill our bags because this dip is an opportunity to accumulate more.

Dont stress yourself for worrying what could be the next movement of your coins, as long as its not a shitcoin then you can sit back and wait patiently for alts season.

Thats the real strategy, don't fill your bags with shit coins and you'll not worry that much waiting for the time

when the market bounce back and hit your targets, best to keep yourself updated with every coin that you

pick for your invesment, updates are very important to know what progress is happening and how it will impact

the value of your investment.

mrjoy15

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Is there still a better upside? That's not confirmed. Some excellent projects flopped seriously to perform during the bull run. Now every altcoins just depends on Bitcoin move. We don't have any idea what will occur in the impending days, however you may also have a look at some of the altcoins, I put half of my assets in ETH, which is a certain bet in my book.

LUCKMCFLY

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The Alts season has not started yet, 4 months ago there was a lot of speculation about it, in fact now BTC has marked another direction and the Alts as well, one that resonates a lot is ETC, which, there were very wild movements, but that for now the bearish trend persists:

Quote

Ethereum Classic‘s price was noting wild movements, which gradually dropped. After falling under the support at $55.33, the 50 Moving Average moved above the candlesticks, with the price suggestive of strong downward pressure. This kept the coin between $53.08 and $55.33 for a while before another sell-off pushed it to $51.11.

Source: https://ambcrypto.com/polkadot-ethereum-classic-sushi-price-analysis-02-july/

So if this coin is trending bearish for now, that BTC is in an already confirmed correction, when BTC fully recovers, those who have bought ETC right now will make big profits.

lienfaye

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Quote from: ?? on ??

Quote from: CutePanda on June 16, 2021, 08:58:56 PM

Yes, short corrections always happen during the altseason for 2021, the key is don't panic, don't worry, don't cut losses, have to be more patient when every short correction occurs.
because only time will tell.

Yes, right. This correction is very short if you look closely, it looks like this correction will only last for a few moments. Judging from the graphs on many exchanges and marketcap coins, it seems that the decline is only a few percent and there's really no need to worry about it

No one knows what's going to happen in the future, it can bounce back in few days, months or even years. Even some so called experts have an analysis that this correction wont take long, still no one can certainly predict the future. What we can do now is to believe of the coins that we currently hold and fill our bags because this dip is an opportunity to accumulate more.

Dont stress yourself for worrying what could be the next movement of your coins, as long as its not a shitcoin then you can sit back and wait patiently for alts season.

rodskee

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Quote from: ?? on ??

Quote from: CutePanda on June 16, 2021, 08:58:56 PM

Yes, short corrections always happen during the altseason for 2021, the key is don't panic, don't worry, don't cut losses, have to be more patient when every short correction occurs.
because only time will tell.

Yes, right. This correction is very short if you look closely, it looks like this correction will only last for a few moments. Judging from the graphs on many exchanges and marketcap coins, it seems that the decline is only a few percent and there's really no need to worry about it

Few percent? are you listening to your words?

bitcoin from 64,000 dollars now sits at 32,000 dollars? is that a Few percent? that is 50% lol.

Quote from: CutePanda on June 16, 2021, 08:58:56 PM

Yes, short corrections always happen during the altseason for 2021, the key is don't panic, don't worry, don't cut losses, have to be more patient when every short correction occurs.
because only time will tell.

well Cutting losses is normal for day traders or short termers and you cannot blame them from doing it because they already knew the market and knows when to buy or when to sell but sadly this affects the strength of the market.

LUCKMCFLY

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This option that may have a great correction before the alts season can occur, in fact, when seeing some analysis the LTC shows signs of a lot of recovery and an opportunity to buy right now, the technical analysis shows it:

Quote

If Litecoin‘s press time price holds, then the coin can start seeing some price corrections. The Bollinger Bands had moved upwards with a slight divergence, one which indicated that there could be some price volatility.

If the peak season is indeed activated, it is very likely that the BTC will reach another new ATH much juicier than the previous one.

Golftech

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Quote from: Xinarae* on June 15, 2021, 09:10:03 AM

Quote from: bison on May 29, 2021, 06:59:40 AM

I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.

Yes, it is very difficult to say for sure when the market will be corrected. Those who sold at the time of the market pump made a lot of profit but the current market will go up again even if it goes down we have to wait patiently for this it is likely to rise towards the end of 2021.

Let the cycle continue, after that pumped all those lucky investors who bought their asset at the cheaper

value will start selling to get their profits, it will followed by dump and bearish market will dominate, then

again patience is in need here, if you have spare money it's also good to buy more so when the bounce show

back you'll more decent.

Questat

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Quote from: TokenForUs on June 17, 2021, 03:58:46 PM

Quote from: IndianCryptoStreetbets on April 07, 2021, 12:17:22 PM

Hey frds what you think is this is a correction before altseason 2021 bcoz major coins are in support range .

I think altcoin season in 2021 is finish. And we will see it again if bitcoin continue its bullrun and matket share of btc above 50% again. I predicted that 2022 will be next alt season before we entering crypto winter season which will take a long winter season untill 2024. I said this prediction base on data i take from 2017-2018 and 2013-2014.

Bitcoin bull run is also over as well, altcoins will not rise without a bull run. So, as we see a correction on bitcoin, we will see more correction for altcoins as they are expected to dump more than bitcoin dumps, that has been the pattern for years already. However, it doesn't mean altcoins will die, of course, they'll come back again as they did during the altcoins season.

so pick the right altcoins to hold, but during the dip.

TokenForUs

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Ccfound

Quote from: IndianCryptoStreetbets on April 07, 2021, 12:17:22 PM

Hey frds what you think is this is a correction before altseason 2021 bcoz major coins are in support range .

I think altcoin season in 2021 is finish. And we will see it again if bitcoin continue its bullrun and matket share of btc above 50% again. I predicted that 2022 will be next alt season before we entering crypto winter season which will take a long winter season untill 2024. I said this prediction base on data i take from 2017-2018 and 2013-2014.

CutePanda

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Yes, short corrections always happen during the altseason for 2021, the key is don't panic, don't worry, don't cut losses, have to be more patient when every short correction occurs.
because only time will tell.

Xinarae*

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Quote from: bison on May 29, 2021, 06:59:40 AM

I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.

Yes, it is very difficult to say for sure when the market will be corrected. Those who sold at the time of the market pump made a lot of profit but the current market will go up again even if it goes down we have to wait patiently for this it is likely to rise towards the end of 2021.

sapnu

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It's been a while since crypto went on a great ride and many people are already enjoying their investment and it seemed like the altseason has already came way before we even noticed. Right now, the market is indeed on a correction but it is not for the preparation for the altseason because it has already came already. The correction we are experiencing right now is for a new and a much better bull run for bitcoin in the future that will pull up other altcoins as well. We should mind our investment and trust that the current dip will soon end and altseason will come once again.

viananda2525

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Quote from: Tervelatuk on May 29, 2021, 07:38:35 AM

Quote from: bison on May 29, 2021, 06:59:40 AM

I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.

so we will have second altseason this year mate? i hope it too, but before we face it looks like market will very bloody in next few weeks.to make hard bounce , there will needed hard drop. i am agree if we panic at this moment , it will make market drop again , so hold till next season will be better.

if could survive from this bearish trend , i am sure we will see next cycle in crypto market. at this moment there are many billionare released their statement about investment in crypto market.it will be good sign for us , and its good moment if they entry to market due this price drop. everything now at cheap price.

Tervelatuk

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Quote from: bison on May 29, 2021, 06:59:40 AM

I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.

so we will have second altseason this year mate? i hope it too, but before we face it looks like market will very bloody in next few weeks.to make hard bounce , there will needed hard drop. i am agree if we panic at this moment , it will make market drop again , so hold till next season will be better.

trauchot

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Since the growth of the cryptocurrency market has lasted for a very long time, most likely now a very long correction of the cryptocurrency market has begun, so we should not expect that soon the growth of the cryptocurrency market will begin again, so everyone must decide what to do with their investments, because in any the moment the next dump of the cryptocurrency market may begin, and therefore I have already fixed a profit and transferred almost everything to stable coins.

bison

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I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.

Jackl87

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Quote from: IndianCryptoStreetbets on April 07, 2021, 12:17:22 PM

Hey frds what you think is this is a correction before altseason 2021 bcoz major coins are in support range .

Like others already said in this thread, we already had a altseason from around the end of 2020 to mid may 2021. Now we experience a phase of price corrections, which is completely normal after such a bull run. Now we have to wait and see if it really only is a short and healthy correction phase or if we go into full bear mode now for a longer time. I certainly hope that BTC will not drop down below 30k and ETH will stay above 2k and that we then see increasing prices again, also for small cap coins as my portfolio consists mostly of them, but no one can tell you what will happen for sure.

purka5

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Quote from: alan228 on May 27, 2021, 03:59:43 AM

Quote from: Tupan.io on May 20, 2021, 06:06:22 AM

A new correction of the market occur and now market falls. But now it is necessary not to panic and continue to develop the projects. When panic liquidity is necessary that is why the price of liquidity pools is grow. You can check it here https://poocoin.app/tokens/0xe1db3d1ee5cfe5c6333be96e6421f9bd5b85c987

I think that Bitcoin and Ethereum are overvalued now that is why altcoin with low capitalization has more perspectives for grow.

It is possible to earn money on volatility of altcoins because altcoins much more volatile than Bitcoin or Ethereum. That is why the trade of altcoins now is very popular. I think that investment in altcoins are very risky that is why it is necessary to carefully check the projects for investment in altcoins.

Dr.Osh

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Quote from: Godwinpaul on May 28, 2021, 06:16:55 AM

I personally see the current situation we're having in the market as a market correction. I believe that the bull run would be going for the second round after this market correction and it would be bigger than what we had before now.

I hope so. although I really hope the price is back above $ 45k, but it looks like when the bitcoin price hits the $ 41k price tag it will drop back below $ 40k. however, I also hope that currently there is still a correction in prices. however, I am still looking forward to the high prices occurring this year.

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