waiting for altcoin season might take time - page 7.

biddicoin

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Quote from: lienfaye on November 18, 2019, 09:45:07 PM

Quote from: babicena14 on November 18, 2019, 07:41:25 PM

I, too, am of the opinion that you should not just hold your coins and wait. It is better to make a profit in other ways. It is worth catching opportunities in any market situation.

Well you're right but its hard to make profit in times of bearish trend wherein majority of coins are declining.

What we can do during this season is to take advantage the situation and buy additional alts that has potential.

There is a will, there is a way too. we still can do short trading to get profit from bearish market
but most of us give up just because they cant predict the price well, so they always get lose in this market
all we should do, take opportunity in any market conditions

aji567

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altcoin season now is indeed quite difficult to find opportunities. another case with bitcoin. if you bought bitcoin early in 2019 maybe now you have multiplied profits compared to altcoin. I think the altcoin season takes 2-3 years to get back up.

dimox

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its come to the end of the year, and the movement still same. its hard to make profit, investing in altcoin. many of them stop in the middle or they can hit exchange but the price is too low. many people wait for altcoin time, and im sure if it happen, ico will be more crowd.
not only altcoin, investor wait for bitcoin price, because its main game for them.

Sithara007

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I think if the price of bitcoin is above, then investors will invest in altcoin which is relatively cheap. that way I think the altcoin session is coming. during these 2 years many people are disappointed with their predictions, because what is expected is not appropriate

This was one of the reasons why a lot of users invested in altcoins during 2017. They regarded altcoins as the cheaper substitute for Bitcoin. And in most cases, they were right. Many of the altcoins gave even better returns when compared to Bitcoin. For example, Bitcoin went up by 22x in 2017, while Ether went up by more than 100x. For some of the other coins such as ADA and TRX, the returns were even higher. But in 2018 when the bears gained dominance in the market, these altcoins went down by anywhere from 10x to 50x. And this is one of the reasons why I think that what happened in 2017 will not repeat in 2020.

Xxmodded

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Quote from: rmhuntley on November 18, 2019, 09:26:12 PM

Quote from: pieppiep on August 15, 2019, 08:50:38 PM

The altcoin season will not come so soon, and especially we are facing the bull run is not come until now. Maybe we need to wait for more, and we need to be patient to wait for that. But I believe that the altcoin season will come again, and the market will rise back like before. In that time, maybe the situation will be different than 2017 because bitcoin price will almost be halving, and that will impact the bitcoin price itself. And for the altcoin, there will be a time to increase so high than in 2017 because the altcoin price will follow the bitcoin price. So prepare your altcoin for the next bull run, and don't wait to invest in any coins.

I agree with what you say, that for altcoins just have to wait for time and a little patience, Better buy altcoins from now for long term investments. Because Altcoins will return to rise in price as of 2017.

Altcoin return price the same as 2017 I think need time and we have wait for two years but altcoin price still down, nothing can do it how to raise up altcoin price at the other time bitcoin keep lower, how ever looking altcoin on the higher price we need moment to see bitcoin on the top price, without like this less chance to get profit with altcoin have higher price.

lienfaye

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Quote from: babicena14 on November 18, 2019, 07:41:25 PM

I, too, am of the opinion that you should not just hold your coins and wait. It is better to make a profit in other ways. It is worth catching opportunities in any market situation.

Well you're right but its hard to make profit in times of bearish trend wherein majority of coins are declining.

What we can do during this season is to take advantage the situation and buy additional alts that has potential.

BlackFor3st

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Quote from: DDante on August 15, 2019, 03:41:43 PM

I never expected anything to be easy maybe thats why i dont get worried about present market price

The first time i decided to invest in crypto was after the last bullrun of 2017 and i knew that 2017 was a big chance and i missed it since i never entered this space very earlier before the bullrun so after bear market takes over what comes straight to my mind was 'its never going to be easy to see a big change in market movement like 2017'and since then i just keep my head up and find other means of living yet i cant do without investing in coins and tokens,the next altcoin season might not come anytime sooner but only those who are in hurry will be in pain,its never going to be that easy.

You hit it correctly, the bear market will surely takes a little bit longer especially that the market right now is not moving at all. 2017 is the chance for everyone and hitting that cycle again will take some time and if you have no patience then it's better that you should stay low in order to lessen the risk.

Right now, buying and stocking currencies is the best choice and let it rest until we hit the peak of the market again as the cycle is like up and down but the problem is we don't know when it will up or goes down. So patience is very important.

rmhuntley

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Quote from: pieppiep on August 15, 2019, 08:50:38 PM

The altcoin season will not come so soon, and especially we are facing the bull run is not come until now. Maybe we need to wait for more, and we need to be patient to wait for that. But I believe that the altcoin season will come again, and the market will rise back like before. In that time, maybe the situation will be different than 2017 because bitcoin price will almost be halving, and that will impact the bitcoin price itself. And for the altcoin, there will be a time to increase so high than in 2017 because the altcoin price will follow the bitcoin price. So prepare your altcoin for the next bull run, and don't wait to invest in any coins.

I agree with what you say, that for altcoins just have to wait for time and a little patience, Better buy altcoins from now for long term investments. Because Altcoins will return to rise in price as of 2017.

efxtrader

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Quote from: Kiefner on November 18, 2019, 06:32:26 PM

I remember last year I met a lot of opinions that the season of altcoins occurs every 3 years and that there is very little time left. But we can't draw conclusions based on past events because crypto is very unpredictable.

In my opinion, altseason cannot be predicted based on the velocity of time. Altseason is an increase in the price of altcoin and the dominance of bitcoin on the market decreases. At the moment the dominance of bitcoin is still very strong and this causes the price of altcoin to be depressed, but in my opinion the altseason will still occur because the crypto market cannot be dominated by only one coin namely bitcoin

babicena14

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I, too, am of the opinion that you should not just hold your coins and wait. It is better to make a profit in other ways. It is worth catching opportunities in any market situation.

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Quote from: Kiefner on November 18, 2019, 06:32:26 PM

I remember last year I met a lot of opinions that the season of altcoins occurs every 3 years and that there is very little time left. But we can't draw conclusions based on past events because crypto is very unpredictable.

There is no such market cycle, it depends on the external variables which we can not predict. The crypto markets don't have seasonal-periodic timeframe cycles and trying to make a correct timing guess is near to the impossible. Altcoin season is the name of bull-run follows the high BTC prices, first, the BTC price should climb over the $15000.

Kiefner

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I remember last year I met a lot of opinions that the season of altcoins occurs every 3 years and that there is very little time left. But we can't draw conclusions based on past events because crypto is very unpredictable.

go4crypto

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Crypto market has gone through a vicious bear market and is slowly emerging out of it. While the charts of many top ranked coins are bullish, a full blown bull rise like late 2017 is going to take more time.

Miy Monk

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It's really painful to wait for the next run. It could take more than months to stand the situation like 2017. This bear market will rise and shine again but we should be patient and hold our valuable tokens for the perfect moment or we will regret for selling those tokens then.

sapnu

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Quote from: Pearls Before Swine on November 10, 2019, 10:14:19 AM

What is this 'altcoin season' that everyone keeps writing about as if it were an established thing?

Altcoins are going to start booming once bitcoin does. I would think that this shouldn't take longer than a few months, once bitcoin starts to rebound and begins to creep upward toward its all time high again. Probably in 2020 we'll see a resurgence of alts. I know most of them aren't dead or dying, just hibernating.

I also think that bitcoin should the first one to pump first before altcoin does because as we analyzed what happened in the past few years if the bitcoin is rising up in terms of price, the market itself is becoming healthy in terms of the value of every altcoin. Just look at what happened last 2017, bitcoin really reaches twenty thousand dollars at that time, as far as I remember it was in December. It is also the highest peak of values bitcoin has reached. I believe that bitcoin is the head of all crypto, if it pumps, all crypto will pump too. But as of now, we should have wait for the right time that the market recovers as it is actually recovering right now.

Gotumoot

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Quote from: KillerInk on November 10, 2019, 12:46:11 PM

The current market is quite stable so I feel assured to invest. With steady growth ever, I think we shouldn't wait that much to invest in cryptocurrencies. do you think like me ?

I think it still depends on what happens in the market and whether it's going to fall further now. For now if you know the coins are stable and can handle the possible downfall it's better to buy now so that when the alt season arrives we have the advantage of earning a bigger profit because of the cheaper value we have sold it. .

KillerInk

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The current market is quite stable so I feel assured to invest. With steady growth ever, I think we shouldn't wait that much to invest in cryptocurrencies. do you think like me ?

Pecunia non olet

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Quote from: Pearls Before Swine on November 10, 2019, 10:14:19 AM

What is this 'altcoin season' that everyone keeps writing about as if it were an established thing?

Altcoins are going to start booming once bitcoin does. I would think that this shouldn't take longer than a few months, once bitcoin starts to rebound and begins to creep upward toward its all time high again. Probably in 2020 we'll see a resurgence of alts. I know most of them aren't dead or dying, just hibernating.

Really? Bitcoin already achieved 300-400% profit this year, this wee can´t say about altcoins. I am afraid that we will not see massive pumps just like in 2017 because people understand more what altcoins really are. All of them are alternatives and we simply can´t have 10 000 alternatives, right? Cheesy

bonyaserg

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Yes, the most profitable year for cryptocurrencies was 2017. And now I believe that the cryptocurrency season will come about next year. Since, according to all forecasts, specialists will have to wait a bit and be patient. This situation is not very suitable for investors as they suffer losses. So I can advise everyone to have more patience and wait for a successful time for cryptocurrency.

K4C

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This is why patience is a very valuable commodity in the Cryptocurrency space, never rush into any decisions and you would be fine, just keep accumulating your BitcoinBTC and keep calm until the bullrun comes and you would be strategically prepared to take full advantage of it when it happens, like you said it might take time, but it would come eventually.

Topic: waiting for altcoin season might take time - page 7. (Read 6909 times)