We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
I do not think that. Market capitalization poured into speculation is huge. But it's almost the same in 2017, the bitcoin cap this year accounts for 60% of the total market cap, when bitcoin reaches a net worth of 1,000 billion some altcoins also generate ATH when pumped from the defi compatibility boom like BNB (~ 273%), ADA (more than ~ 1000%), Dot (~ 525%). As bitcoin takes the lead this year, the numbers show that alt has also exploded. Now,just 2 months, I think even better uptrend will be the March journey. 
Topic: No year of altcoins coming. All the big money is pouring into bitcoin. - page 5. (Read 1085 times)
February 21, 2021, 05:33:31 PM
February 21, 2021, 04:17:48 PM
So much is happening right now both to BTC and other alt- coins, if you are aware with the situation of things in the crypto market you will know that it's not only BTC that's getting lot of Investors, but the only reason why the one of BTC is so loud is because the kind of coin BTC is. The so called big players are investing big time on it, and has they are doing that so also for other altcoins too. I was aware of some big companies investing heavily into ETH few days ago. They said they have seen a lot of potentials in it. And they have also promised to invest into BNB too cause the coin is really going up. I think it has gone up for more than 1000% now. That's what Investors are looking for.
February 21, 2021, 10:17:03 AM
If you are not aware of that is happening now, then you might say that there's no altcoins season.
The altcoins season now is different compared to the past, shitcoins are now anymore pumping, mostly major altcoins are pumping and that's what we are witnessing now, it's sad to admit that I still have a lot of altcoins sleeping until now but I can already see that this is the altcoins people are waiting.
The altcoins season now is different compared to the past, shitcoins are now anymore pumping, mostly major altcoins are pumping and that's what we are witnessing now, it's sad to admit that I still have a lot of altcoins sleeping until now but I can already see that this is the altcoins people are waiting.
February 21, 2021, 10:16:24 AM
Perhaps that time will still come but even now some altcoins are doing really well, the only difference between now and previous bull season is that everything use to pump (literally every alts in the market) but in this present time only some selected alts has done really well so far.
Although, right now btv is the main focus, almost all the new money coming in are for btc, alts can only hope to get small part of that.
Although, right now btv is the main focus, almost all the new money coming in are for btc, alts can only hope to get small part of that.
February 21, 2021, 10:09:56 AM
No year of the altcoins? why don't you the check the market again Ethereum, polkadot, binance coin, cardano and all in the top coins were already increased some has gained x5 or over. Is this not year of the altcoins for you?
he didn't even visit CMC may be to see the fact that is still happening right now when the money that was pouring into the bitcoin has been giving a massive increase to the altcoins.
it looks very strange to see that consider the altcoin season already happened a few months ago. He doesn't get the correlation between altcoin and bitcoin in the crypto market.
Bitcoin's having a very strong impact to determine the trend of altcoins.
I think he was missing something from the market. Some people may don't care about that and he was only taking the good news that happened with bitcoin as a reason why altcoin should not increase.
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February 21, 2021, 09:56:21 AM
This is highly expected cus the said institutions only recognize bitcoin as the real crypto currency and also a store of value, the rest altcoins are nothing but side projects and utility coins and tokens which on a normal circumstance, was not created for investment purposes but for utilizing in the individual businesses there are create for, and we all also know that the risk involved in investing in altcoins are way more higher than the risk involved in investing in bitcoin, so I believe the institutions with big money will rather play it safe than risking on altcoins that might disappear tomorrow.
February 21, 2021, 09:45:52 AM
No year of altcoins coming. All the big money is pouring into bitcoin.
Very wrong a lot coins already reach old ATH from end of 2017. A lot cons will still reach it. A lot coins were a very bad ICO or just totally useless and will not reach ATH from 2017 when they invested heavily in their promotion. But that dont mean there is no alt season going on right now. Alt season is here for months already and will only get stronger.
maybe he only focused on bitcoin and after seeing the current rise in bitcoin, he just thought that the increase in bitcoin could not affect the price of other altcoins. the reality is that altcoin season has arrived earlier this year, there are a lot of altcoins pumping higher than we thought. even if someone were to hold the project coins that were generated from the bounty of 2017 and still hold them to this day then they can get huge profits eg CHSB etc.
February 21, 2021, 09:18:01 AM
No year of altcoins coming. All the big money is pouring into bitcoin.
Very wrong a lot coins already reach old ATH from end of 2017. A lot cons will still reach it. A lot coins were a very bad ICO or just totally useless and will not reach ATH from 2017 when they invested heavily in their promotion. But that dont mean there is no alt season going on right now. Alt season is here for months already and will only get stronger.
maybe he only focused on bitcoin and after seeing the current rise in bitcoin, he just thought that the increase in bitcoin could not affect the price of other altcoins. the reality is that altcoin season has arrived earlier this year, there are a lot of altcoins pumping higher than we thought. even if someone were to hold the project coins that were generated from the bounty of 2017 and still hold them to this day then they can get huge profits eg CHSB etc.
February 21, 2021, 08:44:22 AM
No year of altcoins coming. All the big money is pouring into bitcoin.
Very wrong a lot coins already reach old ATH from end of 2017. A lot cons will still reach it. A lot coins were a very bad ICO or just totally useless and will not reach ATH from 2017 when they invested heavily in their promotion. But that dont mean there is no alt season going on right now. Alt season is here for months already and will only get stronger.
February 21, 2021, 08:38:12 AM
With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
This is normal in my opinion, because very few of the countless projects that launch different altcoins really have any value behind their ideas. There are alts that achieve a serious percentage increase in their value, but in general there are few that are supported in the long run by their creators and teams.
February 21, 2021, 08:30:28 AM
Alt season already occured, ETH reached it's new ATH, ADA reached $1, BNB grew up to almost $340 recently and some altcoins and new DeFi projects grew multiple times. There are a lot of people especially early holders had gained a lot of money from this. The bull market seems to be longer compared to the bull market, which is why we must be cautious on investing due to hype and FOMO, once the market crashes this will be a huge market correction.
February 21, 2021, 08:12:17 AM
But I see altcoins already moving up also as bitcoin is doing. It is not as if the price is going down. May be we are seeing the altcoin bull movement already. Nothing can explain the surge in most altcoins except a bull run. Even dogecoin which remained very low has now increased in price too and getting to its highest price level for the first time since its creation. Institutions are not only buying bitcoin but various other coins.
yes, that's the uniqueness of altcoins in this cryptoqurrency space, sometimes they can make us get big profits and sometimes vice versa. people just think that altcoins are junk coins and they only need bitcoins. but in fact I don't agree with that, because we can see for ourselves that there are still many altcoins out there that have great potential, they can pump more than 3x, one of which is the new deFi coin. In this regard, in the objective of investing, of course, everyone wants to get a good profit, not just focusing on one place. If there really is a coin option out there that we think is worthy, why not give it a try?
February 21, 2021, 08:01:09 AM
Altcoins have been growing in price throughout 2020 and reached incredible heights, and as you can see, many altcoins continue to grow in price and reach new heights, for example, Ethereum or Binance Coin, so not all investors invest only in bitcoin, also, many big investors invest in various altcoins, so in 2020 a lot of altcoins brought a very good profit and in 2021 altcoins are also moving towards new goals and provide an opportunity to make money for investors.
Here you are generalizing all the altcoins, and that should not be the case ideally. Some of the alts, such as Cardano and BNB are doing well, along with some of the newer coins such as Polkadot and Chainlink. But look at the established coins such as Ethereum, Ripple, Litecoin and Bitcoin Cash. All of them have gone down in exchange rate versus Bitcoin, when compared to the levels we had in 2020.
February 21, 2021, 07:45:25 AM
Altcoins have been growing in price throughout 2020 and reached incredible heights, and as you can see, many altcoins continue to grow in price and reach new heights, for example, Ethereum or Binance Coin, so not all investors invest only in bitcoin, also, many big investors invest in various altcoins, so in 2020 a lot of altcoins brought a very good profit and in 2021 altcoins are also moving towards new goals and provide an opportunity to make money for investors.
February 21, 2021, 07:14:17 AM
Well, let's hope that the investors, who feel that bitcoin has become too expensive, discover altcoins as an altetnative and pump their money into those coins like XLM, AAVE, Cardano, XDC, Vechain etc.
IMHO I believe that 2021 is the decisive year to show us wich direction the altcoin market will be going.
Since I am heavily invested in altcoins, there is nothing wrong with the altcoin market as a whole starting to trend up like crazy.
IMHO I believe that 2021 is the decisive year to show us wich direction the altcoin market will be going.
Since I am heavily invested in altcoins, there is nothing wrong with the altcoin market as a whole starting to trend up like crazy.
February 21, 2021, 04:20:29 AM
If you think that money continues to flow only in bitcoins then that is wrong, then what's the point of having altcoins in this industry? Altcoins are an alternative investment besides bitcoin, altcoins are easy for anyone to reach, altcoins are a complement to bitcoin, altcoins can sometimes be profitable and vice versa. the fact is that when bitcoin goes up it can affect the prices of other top altcoins too.
maybe,You can see the current market situation that the altcoin pump is always on.
share a little story, in April 2020 I planned to buy BTC for $ 7000, and with limited capital I finally chose another option and invested in ETH for $ 170.So my main capital was $ 1000 and I only used $ 850 and got 5 ETH . and who would have thought in 2021 I get thousands of dollars selling 5 ETH. even if compared to the current price 1 ETH is more than enough to cover my initial capital.
It is obvious that alt season already happened, and we can say it is still happening as well. During the same period you could have buy BNB or Dot or Doge or many many other coins and you would still be making a ton of profit right now. Which is why I think I can say that alts are doing awesome, not all money goes to bitcoin, there are so many coins right now that are getting attention, there are even new ones that are getting a lot of attention.maybe,You can see the current market situation that the altcoin pump is always on.
share a little story, in April 2020 I planned to buy BTC for $ 7000, and with limited capital I finally chose another option and invested in ETH for $ 170.So my main capital was $ 1000 and I only used $ 850 and got 5 ETH . and who would have thought in 2021 I get thousands of dollars selling 5 ETH. even if compared to the current price 1 ETH is more than enough to cover my initial capital.
I love the defi world and checking them constantly and I can tell you that there are actually new things that still get a lot of money, the other day some defi project collected 5000 bnb for their pre-sale which means they mined coins beforehand and sold it, normally pre-mine is a horrible horrible thing for these coins and obviously that didn't stopped people investing 5000 bnb for that new project. Which is why I can tell you that alts are still getting a lot of money.
February 20, 2021, 01:59:18 PM
I thought the same till last month as I predicted, people would be just exchanging between bitcoin and stable coins. But luckily, I was not right. Many altcoins have already achieved their new all time high along with bitcoin. The first few months, the bull growth was limited to bitcoin but at the moment, some coins are rising even more prominently than bitcoin.
Altcoins will always rely on BTC gains and they are just too tempting not to try your luck with. Everyone can read the graphs and see big potentials in quick buck from altcoin pumps. Why you think casinos are one of the most profitable businesses, because people are addicted to gambling and making quick gains.
As always when bitcoin is moving you will not see much action in the altcoins. But as soon as bitcoin take a breather we see altcoins pumping to maximum. Bitcoin is still in price discovery mode, as soon as it stabilizes, i am sure you will see much better return in altcoins also.
February 20, 2021, 01:56:54 PM
With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
This is not the actual fact. The altcoins are also moving with bitcoin and many of them are also giving very good returns. If your altcoins are not moving, it means you are holding the coins which do not have any value and may not increase forever. You need to be in the coins which have good fundamentals and active ongoing projects.
February 20, 2021, 01:54:09 PM
I agree that money is pouring in bitcoin but don't ignore that a lot of altcoins are also moving up. Don't just ignore that BNB, Ethereum, and other altcoins are also getting into the bull run as well.
But this time, it's obviously the season of crypto - bitcoin and alts.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
Probably, we won't. But this time, it's obviously the season of crypto - bitcoin and alts.
February 20, 2021, 12:39:20 PM
It is hard for any altcoin to jump naturally as nobody invest into altcoin when bitcoin jumps are much bigger. If they want profit they invest into bitcoin. It is most secure altcoin for reason.
Altcoins still bring a huge profit, the size of which can not be compared with the profit received from the BTC hodl. But big business understands that such investments are more risky than investing in bitcoin. But when institutional investors can assess the size of the potential profit with risks, they will start investing in altcoins.
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