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Topic: Post halving, why are altcoins the most affected (Read 301 times)

full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
Because most people convert their altcoins to Bitcoin and whenever Bitcoin price drop, altcoins goes lower than Bitcoin.

I don't know where did you get that most affected when if you check the market Bitcoin is also
affected big , or you are asking about Shitcoins ? of course what can you expect support from them
when the truth is they will have an increase when there is manipulation happen , when the scammers
or the manipulator are ready to bag your money.
It's no doubt he invest in shitcoins that ranks below top 100, so the price is more unstable and didn't move like what he expect. But, that's the risk of invest in shitcoins, @OP must know about the risk. If he think he will easily flip his money during Bitcoin halving, it's really wrong.
yeah I think that he did invest in shitcoins because this is not what a bitcoin investors do
and for me? i hardly find myself investing in below rank 50 so what more in top 100 and lower as
i see no good future on them , yeah there are some that can reach to top but that is very few
from what is really having great potential.
sr. member
Activity: 1316
Merit: 324
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This is why Bitcoin is called the "mother of cryptocurrencies". Bitcoin reflects how investors behave in managing their money in crypto. And Bitcoin also affects the psychology of crypto investors which will affect everyone including those who invest in altcoins. Simply put, when the price of Bitcoin goes down, people will get scared and they will sell their assets. Of course there is a scientific explanation for this but psychologically it is a reaction of the altcoin market which depends on the value of Bitcoin.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
Because most people convert their altcoins to Bitcoin and whenever Bitcoin price drop, altcoins goes lower than Bitcoin.

I don't know where did you get that most affected when if you check the market Bitcoin is also
affected big , or you are asking about Shitcoins ? of course what can you expect support from them
when the truth is they will have an increase when there is manipulation happen , when the scammers
or the manipulator are ready to bag your money.
It's no doubt he invest in shitcoins that ranks below top 100, so the price is more unstable and didn't move like what he expect. But, that's the risk of invest in shitcoins, @OP must know about the risk. If he think he will easily flip his money during Bitcoin halving, it's really wrong.
ohhh , then that is the problem now because he seems to be expecting much from
 those altcoins but the problem is that shitcoins isn't the priority now instead we are waiting
for ranking currency first after bitcoin.
and this is the problem if you are supporting shitcoins instead of safe currency in rank 1-10
legendary
Activity: 2520
Merit: 1073
Many of the altcoins are going to pump when we come into the phenomenon of "altcoin season". That's where a lot of altcoins are going to come into its pump but it's not limited to ETH and Doge. However, the two that you've mentioned are likely to have their own soaring moments but I don't know when it's going to start and for how long it's going to be like that. Just ready for whatever the market will show when we're already in the altcoin season but I have no idea when.
Because altcoins often attract the interest of investors who seem to have potential after the Bitcoin halving, recently the crypto market has experienced a lot of turmoil, especially after the halving, several altcoins experienced significant increases. This is because if we refer to history, the rise in altcoins tends to start immediately after Bitcoin halves. This has historically been a catalyst for changing market dynamics, affecting not only Bitcoin, but altcoins as well.

Typically an altcoin rally is characterized by a rapid and substantial increase in the altcoin's market capitalization compared to Bitcoin. This phenomenon often occurs every halving and is usually short-lived and often does not last more than a few months. because at the same time the capital will return to Bitcoin.
You mean they can now potentially invest on other assets such as altcoins because they now have an extra money? That is possible but as we can see, the BTC halving didn't make the price of BTC to pump more, or maybe the effects of it are still loading... , so it's also a good idea if they can wait. That would be funny if the ones who rise after BTC halves are the altcoins and not BTC itself but those who invest on it are happy for that.

Alt season not lasting more than a few months which means that it runs for one or two months which is a good allocated time already for the alt users to party. It's not what you called as short-lived. BTC users can only wish that BTC bull run can at least last that long too, as it is the ones who is always short-lived.
brand new
Activity: 0
Merit: 0

If we're waiting for next year then it's definitely a hard time for us to earn higher profits. For my assets, not all has the value some eth tokens became worthless and mostly those were airdrop tokens that didn't continue to prosper.
What I'm hoping today is to earn from small investments through trading sites, but it's no that easy because it needs full time and dedication.

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To earn income from small investments through trading sites is not easy. because it requires sufficient time and experience. Trading requires good research, sufficient experience in understanding the market and patience in waiting for the right moment to buy or sell. With full commitment, you may be able to achieve this goal, even though it takes quite a long time, that can be your experience in investment trading.
It is not impossible to earn income from small investments through trading sites as long as we are consistent.
jr. member
Activity: 357
Merit: 3
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Bitcoin halving is the most central attraction of alt-coins in the cryptocurrency market which is the cause of the alt-coins price increase and Bitcoin will be scarce along side with respect of  Bitcoin miner
hero member
Activity: 1694
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Bitcoin halving might have come and gone, but we won't forget the immediate impact it had on the crypto market especially altcoins, The immediate impact of the halving this year is not like business as usual when we always have a bull run after the halving event, we are experiencing a decline in price in Bitcoin and the crypto market in general with altcoins the most affected, some altcoins witnessed a 50% decline in price, while most experienced a slight decline in price,  Analytically some investors have predicted a bull run by next year which will also in turn affect the rise in price of some altcoins too, so putting this into consideration there are few altcoins to put our eyes on so we can Hodl which is the ETH and DOGE as they might experience a significant bull run in less than no time,
If we're waiting for next year then it's definitely a hard time for us to earn higher profits. For my assets, not all has the value some eth tokens became worthless and mostly those were airdrop tokens that didn't continue to prosper.
What I'm hoping today is to earn from small investments through trading sites, but it's no that easy because it needs full time and dedication.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
To me, if you look at the issue the OP mentioned, there are many scenarios behind this, like political events affecting the economy.

And in this space Bitcoin is mentioned the most as the way it shows influence, investment money will prioritize less risky things and we have also witnessed the growth of bitcoin taking place. Things are still quite easy for me as many of the altcoins I'm waiting for haven't really dropped to the area I expected, but simply put, corrections or fluctuations in bitcoin always have a direct impact on the market the strength of altcoins, but here I think positively about how we will take advantage of the opportunity.
The rate at which many of the altcoins have dropped in valur is just too alarming.
I was seeing minus half of the value of some projects dropping. I think this would be a big opportunity for anyone that want to invest and hold some of the tokens that have depreciated in value. This is how many experience investors and traders make their money with any stress. Understanding the market is very important to help win more.
member
Activity: 210
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Analytically some investors have predicted a bull run by next year which will also in turn affect the rise in price of some altcoins too, so putting this into consideration there are few altcoins to put our eyes on so we can Hodl which is the ETH and DOGE as they might experience a significant bull run in less than no time,
Many are following the alt coin market after the Bitcoin halving. I can't say too much about which altcoins will go up or down in the future. I have seen many altcoins rise in value as bitcoin price increases especially most of the time ethereum coin rises and falls following bitcoin. Just a hype maker I don't know how DOGE will perform in the future but it is very dangerous to hold an investment in such a coin. I think that if the price of Bitcoin goes up, Ethereum could create a potential for next year where Ethereum could set a new record price.
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Eloncoin.org - Mars, here we come!
Not a new thing as this has been happening for cycles because the Altcoins prices gets affected based on Bitcoin's price, be it positively or negatively and we have seen drop in the value of Bitcoin and it's ripple will be felt across the market but Altcoins will be most affected since they are the one to surge more when Bitcoin surges. I think most of us are aware of this dynamics.
We can choose to be productive or dormant, the choices is ours to make. We should be ready to focused on our goals and measuring up our top goals in the system. We should be aware of the system and understand what needs to be done if we're in for the steady flow of the system. Altcoins prices varies and it's mainly based on the current values of bitcoin in the market. Altcoins are everywhere in the system and we ought to acknowledge their presence.
member
Activity: 154
Merit: 33
Eloncoin.org - Mars, here we come!
The effects of the bitcoin halving being affected by AltCoins are the significance inputs of crypto industry.
The bull run hasn't been expected to occur immediately just after the halving. I've not been a withnessed to Such sudden price reactions and I don't also think that vital crypto investors can also have that such analysis to hope an immediate effect of bull run just after the halving.
Although one thing is sure about cryptocurrencies that its climates are liable to be changed at any course so, it can't really be relied on at a prediction.
sr. member
Activity: 1624
Merit: 292
Eloncoin.org - Mars, here we come!
To me, if you look at the issue the OP mentioned, there are many scenarios behind this, like political events affecting the economy.

And in this space Bitcoin is mentioned the most as the way it shows influence, investment money will prioritize less risky things and we have also witnessed the growth of bitcoin taking place. Things are still quite easy for me as many of the altcoins I'm waiting for haven't really dropped to the area I expected, but simply put, corrections or fluctuations in bitcoin always have a direct impact on the market the strength of altcoins, but here I think positively about how we will take advantage of the opportunity.
hero member
Activity: 2968
Merit: 600
Eloncoin.org - Mars, here we come!
Many of the altcoins are going to pump when we come into the phenomenon of "altcoin season". That's where a lot of altcoins are going to come into its pump but it's not limited to ETH and Doge. However, the two that you've mentioned are likely to have their own soaring moments but I don't know when it's going to start and for how long it's going to be like that. Just ready for whatever the market will show when we're already in the altcoin season but I have no idea when.
Because altcoins often attract the interest of investors who seem to have potential after the Bitcoin halving, recently the crypto market has experienced a lot of turmoil, especially after the halving, several altcoins experienced significant increases. This is because if we refer to history, the rise in altcoins tends to start immediately after Bitcoin halves. This has historically been a catalyst for changing market dynamics, affecting not only Bitcoin, but altcoins as well.
We just did with the halving a week ago and there's no significant ASAP push for the altcoins. Just like BTC, the alts have moved a lot before the halving.

Typically an altcoin rally is characterized by a rapid and substantial increase in the altcoin's market capitalization compared to Bitcoin. This phenomenon often occurs every halving and is usually short-lived and often does not last more than a few months. because at the same time the capital will return to Bitcoin.
Yeah, thanks for the description because that's actually an altcoin season or rally is. We've seen it weeks before the halving but it's not going to end it here. We'll see more of them soon.
hero member
Activity: 2030
Merit: 789
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The immediate impact of the halving this year is not like business as usual when we always have a bull run after the halving event

~Snipped

I thought we all agreed that this bull run is completely different from the ones that came before? When the market was hyper bullish a few months ago, I didn't see threads like this pointing out the difference between this bull run and the others simply because the market was running numbers up but since it's the other way round, everybody is interested to know why it's happening. The thing about this is that, no one really knows if the market is going to go up, down or sideways anytime soon. My advice is just to go with the flow.

This market has shown us that the current bull season isn't going to be like the others so you'd have to learn and adapt. Best time to DCA into your fav alts.
legendary
Activity: 2226
Merit: 2169
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On this halving, we haven't seen any significant movements because Bitcoin was hard-pumped due to ETF approval. As a result, Bitcoin hasn't reacted to the halving and keeps dumping. Some altcoins even dumped more than 50% since Bitcoin keeps dumping. That gives you a chance to accumulate some altcoins. Of course, not shitcoin; we may accumulate some potential good altcoin during this dump. 
hero member
Activity: 1932
Merit: 622
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Bitcoin halving might have come and gone, but we won't forget the immediate impact it had on the crypto market especially altcoins, The immediate impact of the halving this year is not like business as usual when we always have a bull run after the halving event, we are experiencing a decline in price in Bitcoin and the crypto market in general with altcoins the most affected, some altcoins witnessed a 50% decline in price, while most experienced a slight decline in price,  Analytically some investors have predicted a bull run by next year which will also in turn affect the rise in price of some altcoins too, so putting this into consideration there are few altcoins to put our eyes on so we can Hodl which is the ETH and DOGE as they might experience a significant bull run in less than no time,
Bitcoin price developments will always affect altcoins, especially if there is a significant market drop in Bitcoin, it will also have an even greater effect on altcoins. and a cycle like this continues. Bitcoin's dominance over altcoins is quite large. because in any case, almost all of us see that Bitcoin is the main one and always provides a high impact on cryptocurrency.

However, stay patient and believe that if these altcoins are truly top altcoins that have the chance to grow and survive, then they will not be successful for that matter. Just think of it as a bonus to be able to take it again at a much lower money rate. but if it's shitcoins, then it's very natural for us to worry and stress. Therefore, always be alert and careful in all decisions regarding whether to take altcoins for holding.
legendary
Activity: 1484
Merit: 1355
If we look back, there has always been some unstable times right after halving events.  That does not mean a bull run wont happen later though.  Those predictions from analysts about things taking off next year make sense.  Im trying not to get over-excited, but staying hopeful.

Cant ever fully predict this market, but if patterns happen again maybe we will finally see 100k for BTC! And altcoins will surely follow!
hero member
Activity: 644
Merit: 592
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Bitcoin halving might have come and gone, but we won't forget the immediate impact it had on the crypto market especially altcoins, The immediate impact of the halving this year is not like business as usual when we always have a bull run after the halving event, we are experiencing a decline in price in Bitcoin and the crypto market in general with altcoins the most affected, some altcoins witnessed a 50% decline in price, while most experienced a slight decline in price,  Analytically some investors have predicted a bull run by next year which will also in turn affect the rise in price of some altcoins too, so putting this into consideration there are few altcoins to put our eyes on so we can Hodl which is the ETH and DOGE as they might experience a significant bull run in less than no time,
I believe everyone has been warned several times about the altcoins, they are falling just the way they are rising. Some altcoins have moved almost 50 times their value in the last 1 year. Has Bitcoin or Ethereum done that? That is why we need to be very careful dealing with altcoins. They could be a trap and they could be a blessing. The fact remains that they are still small in value and in market capitalization, which is responsible for the sharp rise and fall. It now depends on how best we are in speculating the bullish time to buy and the bearish time to liquidate it pretty fast to avoid losing back the money we've already made initially.

This is why good analytical expertise is important here and I always advise people to be their good chart readers as the chart is the only means that can accurately guide us rightly. With that, nothing will happen to any crypto asset that you will not know, and I can only call it a proactive measure. Also, good money and risk management are needed as well so that you will just be at the top of your game ever with minimal risk exposure. And for me, I will always love my altcoins better regardless of what is happening now and that is due to the more earning opportunities that is ever present in them. All the same, I am stricter in liquidating and managing them so fast.
hero member
Activity: 700
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Op you registered in the forum on the April 06, 2024, 06:52:50 PM and which mean you didn't experience the cryptocurrency market before the halving took place. After the halving altcoins didn't reduce and increase and they are just like that so I didn't see any effect of the altcoins after the halving on the Altcoins except bitcoin. Even bitcoin the effect is not much. Because on the halving bitcoin was $64+k and now it is $62+k. So I have not seen any serious effects of the halving on the cryptocurrency market.

Ethereum was $3+k and it is still $3+k so where is the effect you are talking about?
hero member
Activity: 798
Merit: 669
Bitcoin been the biggest cryptocurrency that every other altcoins follow suit, when it falls, they will definitely follow suit and do the same. It is not a surprising thing anymore to see the rise and fall of cryptocurrencies as a result in market volatilities. The stronger ones survives it while the less volatile ones escapes from it. Majority of the altcoin are built for short term gains and when the aims are achieved, you won’t see them around in the market like before. So the tendency of altcoins losing their dominance just after the halving or bull run is very likely, so the percentage drop in their value is highly normal to come about at anytime without even experiencing any effect from the general market.
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