Topic: Post halving, why are altcoins the most affected (Read 454 times)

do you have an eta on when the halving ends please? 

Both (ETH and DOGE) are big altcoins, it is very possible that the price of both will increase drastically due to the impact of the Bitcoin halving. However, for now, most investors are still focused on Bitcoin and it is very likely that after the halving ends, both will attract investors' attention. both are altcoins with great community because ETH is the king of altcoins and DOGE is the king of meme coins. investing in both becomes a good choice when altcoin season comes.

again...wut? your post has so many mistakes.
anyway, to answer your question: maybe because you'll get more xxx from a low mc coin? you can get a x100 from a $1m mc coin but good luck getting a x100 from bitcoin.

Usually, when BTC starts pumping and BTC dominance is also increasing, that means money flows from altcoin to bitcoin. At this time, altcoins bleed on the other hand bitcoins rally upward. Bitcoin dominance has a major impact on the altcoin market and if you can read bitcoin dominance chart you will be able to identify all-season easily. Waiting for the bear to fade away and bull to appear can be costly as there isn't any exact way to predict the change correctly.

Many hodlers have learned how to use BTC price to determine, what will happen to altcoins price because once the price of BTC is pumping in a particular season, it will be giving some altcoins the opportunity to start pumping to allow their hodlers to earn like BTC hodlers too.

The psychology have made many investors not to put all their money in altcoins only, which is the reason they use to divide the money and let half go to BTC and the remaining half will go to the altcoins, so that their profit will be big when bull run occur.

Anytime, you want to buy BTC and altcoin from the market, let the bear run occur before you can buy because that is the best season you can achieve your plan in the future.

But most projects move with the price of Bitcoin. This is the market reaction I have mentioned before. People tend to use bitcoin as a reference for speculating. I'm not talking about 1 or 2 percent increases but 20 to 50 percent increases for altcoins. There have been cases where altcoins rose tens of percent but bitcoin was stable. This can happen because of hype or trends. My conclusion is that if Bitcoin is stable or rises, altcoin prices will tend to rise. If Bitcoin falls then actcoin prices will tend to decline.

Many don't realize that. When the market goes on a pull down, they are scared and worried but don't think outside the box.
And what's outside the box is what you've said that they can get more Bitcoin or any altcoins that they're interested to invest with their fiat.
That should be taken as a moment for advantaging the situation rather than to complain, panic and cry out.

This is the most likely explanation, since someone that invested in bitcoin would not care too much about the small setback that we are going through, and if anything they may think the current price is a great thing as it will allow them to get some more bitcoin for their fiat during the next months, only those that were expecting a sudden and abrupt bull market and that invested in shitcoins will be disappointed by what we are seeing, as they are desperate to get some short term profits.

True.
Some people often say that altcoins follow the movements of Bitcoin whether it goes up or down, but they don't know how it actually works and why it happens. The reason behind altcoins following the movements of Bitcoin is that altcoin investors consider Bitcoin to be the leader of the market which is true, so when they see that there is either a correction, or some bad news circulating in the market which might affect the price of Bitcoin, they start dumping their altcoins in the fear that they might lose money if the market crashes, and when they do so, the prices of altcoins start moving along with Bitcoin.

Altcoins and their prices aren't directly connected with the price of Bitcoin, and sometimes we can see some altcoins moving independently when Bitcoin is either stagnant or moving to another direction, the reason is that people are investing in those altcoins and the demand is high, because not only Bitcoin but all cryptocurrencies go up or down based on their demand increasing or decreasing.

Actions are most affected because they’ve to one trend of the market. If bitcoin will be affected by the halving and come down in price, so will altcoins. The percentage at which altcoins will reduce can’t be compared to that of bitcoin. The stance of bitcoin is not something that any alt coin can also withstand, so their drastic fall which has affected a lot of them. Altcoin season are also coming and it happens during the bull run time, if they can survive the market pressure and be able to reach the time of the bull run, most of them will do well and I’m not talking about the pump and hype coins in this case.

Yeah it has been said that historical events is not a guarantee of the future events and this what every investor should have in mind by focusing on seeing historical events as only a guide for the future events, altcoins coins was not just affected but is as a result of the fact that there performance solely depends on Bitcoin, while Bitcoin went down after the halving it was also expected that other coins will go down too.

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.

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.

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

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.

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.

[/quote]
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.

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

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.

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.

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.

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.

Because most people convert their altcoins to Bitcoin and whenever Bitcoin price drop, altcoins goes lower than Bitcoin.

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.

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.

Well altcoins do go up by a significant amount compared to Bitcoin. An example would be in the span of a week, Bitcoin would probably at most get maybe 5% to 10% increase, altcoins, on the other hand, can go up by 100 or 200, maybe up to a thousand for some manipulated ones. It's not surprising why they'd go down by that much or even more compared to Bitcoin.

At the same time most altcoins would also naturally experience a decrease, maybe less compared to top-performing ones but inevitably they'd get swept up by the same wave and go down.

I think the prices of ETH and DOGE have risen very drastically and when the altcoin season comes it is likely that the prices will not rise drastically. Maybe you should also monitor BNB and MATIC because the prices of these two altcoins have not risen drastically and most likely after this the prices of both altcoins will rise drastically. The bitcoin halving has indeed had a big impact on the altcoin market, but we have to choose the right altcoin to get maximum profits.

If you're mew then familiarize yourself with these bumps and dumps, almost at the end of every thing related to crypto whales will make a move and especially at the time of having it would be dump and we know the price of altcoins are highly influenced by bitcoin's price so there is no wonder if you see in the altcoins after the bitcoin dumped from $69K to $63K but this could be recovered overnight followed by altcoins too.

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.

If we're going to compare the drop vis-a-vis what Bitcoin has lost in price since the halving, we will discover that Bitcoin is even the biggest loser, not altcoins. It has lost over $4k or thereabout per coin. I'm not sure there's any altcoin that has lost over $1k (of course, I'm referring to ETH) since then. Perhaps what makes altcoins a centre of notice could be that a lot of people erroneously assume that alts should join the rally as fast as possible but they forget that alts won't bull if Bitcoin dominance doesn't drop. At 50+% dominance, Bitcoin still rules the market. Anything that makes it bleed will also affect alts as it's right now. That's what we see in the market ATM.

re read the past chart i'm pretty sure the bullrun doesn't came right off the bat it needs time first for accumulation zone I presume and then we gonna see some bullrun building up its momentum later on.
when it comes to halving usually the past chart shows that after halving the BTC instead going down because people are selling at the news and that also affect altcoins as well so not limited to bitcoin only.
moreover most of analyst I know already expected that the price gonna plummet just a little bit before the last bullrun ever, we are currently at the accumulation zone and the big bullrun will follow.
so definitely its not something strange anymore, we've been the same scenario already so just wait until things got heated up and then it will be massive from here on.
moreover current price correction that befall these altcoins are actually a good correction to keep the price healthy, they already have many rallies already.

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.

Bitcoin dominates the crypto market and will affect altcoins when it is bearish. This is not new in crypto if you have been here for some time. Only Bitcoin creates bull season and bear season, halving is an event of Bitcoin & not altcoins. Therefore, if you expect Bitcoin halving to bring a bull market, you need to wait for Bitcoin demand to increase in the market. We saw a short bull run earlier in the year when Bitcoin broke its ATH but altcoins did not even reach their ATH this is because there was not any demand for altcoins at that time. There was only demand for Bitcoin due to the ETF getting approved, there are a few altcoins ETFs that the pending approval if they get approved then you will see a demand for those altcoins in the market.

Altcoins are heavily affected negatively simply because bitcoin has been bearish in the short term and that altcoins in general have had huge multipliers already lol so it's just right for altcoins to have a huge correction. Even in fully-fledged bull markets, prices don't just go up in a straight line.

The simple reason as answer to your question is that bitcoin price dropped and so it has to also affect the price of altcoins so depending on the marketcap of some that will reflect how they are affected. So if you have been following the anitcident of the market of cryptocurrency, you would realize that if the price of bitcoin increase or decrease, it also reflect on altcoins as the volatility fluctuate.

Answering your question, why are altcoins the most affected?

That is because there is all there is to influence. The crypto world is compromised of Bitcoin and Altcoins. Those are the two general classifications of cryptocurrencies. Anything that happens with bitcoin will most likely have an effect on the overall marker scene of altcoins. Of course it is not at all always direct. It still depends on the altcoin and their performance however investors in bitcoin are also investors in altcoins or vice versa that’s why.

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,