Topic: Post halving, why are altcoins the most affected - page 2. (Read 449 times)

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.

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.

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.

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.

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.

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.

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. 

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.

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!

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.

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?

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.

It's not the halving that impacts altcoin price - but in general bitcoin price volatility can impact the interest of altcoin investors and traders. A correction in bitcoin price will be followed by a correction in altcoin price which have now risen several fold since their last low - so that is normal.

If you are an altcoin investor - invest wisely. Don't make altcoins the only investment asset in your investment portfolio, it would be good if you got bitcoin in it. I mean - besides you can expect bitcoin to bring you profits, you can also expect bitcoin to make altcoin prices higher especially when the market is bullish.

The price of Bitcoin will affect the price of altcoins and if there happens an increase or decrease with Bitcoin so remember that altcoins will not remain unchanged therefore try to be ready for everything happening with altcoins. Bitcoin is the king so it possesses the strength to alter altcoins state so be careful in buying or selling altcoins as it will be totally dependent on the alterations in Bitcoin.

Bitcoin goes down from 73k$ to 64k$ so it's obvious that altcoins will also show the movement in the same direction. Ethereum and other top altcoins are reduced in price because Bitcoin has not shown any good rise due to halving so wait for Bitcoin if Bitcoin goes higher every altcoins will also be affected in the same direction.

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.

when Bitcoin dips, this is what is going to happen https://twitter.com/naiivememe/status/1781229462631362662

people panic already and so are the people altcoins holders dumping as well. they understood altcoins depend on how BTC performs in the market. and most probably because altcoin season hasn't started yet. less trust in altcoins than in BTC.

You just gave the most logical reason why altcoins are not bullish yet, that is because Bitcoin has been bearish on the short term, and it's a common knowledge that Bitcoin bull season precedes the altcoins bull season. So there's nothing to panic about because after halving, Bitcoin takes sometime to build up to bull run, and this is the reason why it's an opportunity for investors that wants to accumulate to do so before Bitcoin and altcoins prices starts to surge.

When people saw the DIP in bitcoin price, they sold off to buy bitcoin because they knew the fourth halving was done and the miner rewards were cut in half. So there will be less selling pressure, and the price will eventually go up. This hit the altcoin market hard and it lost almost 200B in value. Most of the altcoin came to their crucial support range and were waiting to bounce back. I don't think there will be any major crash further from here. There can be a downside, but not any long term downside.

For every action, there must be an equal reaction you know that right. When Bitcoin was pumping and making moves by 10%, major altcoins where moving on 5x the movement of Bitcoin, now that Bitcoin is falling, you think they are going to moves in shadow like the way Bitcoin is having low volatility? It doesn't work that way, altcoins tend to move down faster the way they move up because they have high volatility.

Altcoins are more risky because of their high volatility, this is why they can do any movement, you can see how meme coins were making 100% in just a week and you expect them to make 5% correction when coming downward, it wouldn't because the way people fomo to buy is the way people fomo to sell, Bitcoin doesn't get a lot of sell pressure like altcoins.

Don't forget that majority of altcoins are shitcoins that are just dump and pump coins, investing is such kind of coins are nothing but disaster, the earlier you ignored, the better for you and your health.

Coins are not entirely pegged to one another. Bitcoin leads the market without doubt but it's not the only determinant of price. Bitcoin too have decreased significantly just before the halving and the price change is followed by most alts. Now both bitcoin and alts are on sideways movements. There might be some altcoins that might have been affected more than other. Like when bitcoin fell 10%, most of the memecoin fell 30% and are yet to recover to previous prices. It doesn't mean they are bad or scam but it just means the traders mentality and trading pattern of every coins could be different.

Altcoins follows the trend of Bitcoin and this has been the scenario since then.
If Bitcoin drops, altcoins will follow same thing if Bitcoin will become more expensive. Don’t panic and see this as your opportunity to accumulate more good altcoins and wait again for the right timing to take profit, the market will usually have corrections after halving and it may take some time before it pumps again.