We are about to enter altcoin season, what do you think? - page 5.

electronicash

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Quote from: AakZaki on April 17, 2023, 01:26:21 PM

Quote from: Why you bully me on April 17, 2023, 11:53:53 AM

Surely altcoin season cannot happen right now? The market is just starting to recover? I thought the real altcoin season is here after btc halving and btc dominance goes down. Right not we seem to be far off.

It's possible that a bull market occurred ahead of the halving. looking at the history of the bull market, it is always the most awaited moment, it is the point where everyone sells their altcoin holdings to make a profit.
A new ATH will be achieved, but it depends on the development of each project, especially new projects that have not received full support from the community.
Just need to wait until the bull market occurs. Hold bitcoin for the long term and some altcoins to take profits when the bulls come.

what is happening right now i think is like a bull run ahead of halving. but there could also be another dip coming before the altcoin season.

the BTC dominance usually rises high above 50% before the altcoin season so i'm not expecting much to happen this mid-2023. it is however a good time to buy more of those altcoins that you think could pump to 100X. huge profit to come when you pick the right ones.

AakZaki

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Quote from: Why you bully me on April 17, 2023, 11:53:53 AM

Surely altcoin season cannot happen right now? The market is just starting to recover? I thought the real altcoin season is here after btc halving and btc dominance goes down. Right not we seem to be far off.

It's possible that a bull market occurred ahead of the halving. looking at the history of the bull market, it is always the most awaited moment, it is the point where everyone sells their altcoin holdings to make a profit.
A new ATH will be achieved, but it depends on the development of each project, especially new projects that have not received full support from the community.
Just need to wait until the bull market occurs. Hold bitcoin for the long term and some altcoins to take profits when the bulls come.

MIner1448

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As with any market, it is difficult to predict exactly when the altcoin season will start and how it will pan out. However, based on historical data and analysis of the current market situation, it is possible that we may be on the verge of altcoin season.
Bitcoin price stabilization could lead traders to turn to other cryptocurrencies in search of profit opportunities. However, it is important to remember that investing in altcoins also carries risks and requires careful analysis and evaluation of the potential of each coin.

cute nmp

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Totally agreed. I am very excited for the next altcoins season, trying to top up my portfolio since last week.Doing lots of researchs about various altcoins and picking up the best ones to buy for now.Hope we will make lots of profits this time around.

Why you bully me

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Surely altcoin season cannot happen right now? The market is just starting to recover? I thought the real altcoin season is here after btc halving and btc dominance goes down. Right not we seem to be far off.

Japinat

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Quote from: Bananington on April 16, 2023, 04:56:39 PM

Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

What is your thoughts?

As we about to enter the altcoin season, I think we should be careful of the altcoins we still choose to invest in and the number of altcoins we invest in. Choose a few altcoins that you have researched to have good potentials and invest small amounts in them. Do not make the mistake of investing in too many altcoins, as it increases your chances to gain more, it also increases your chances to loose.

That is expected because aside from the chances of having more profits by buying large amounts and different coins, there is always that same chance where you will have losses in the process because the risks aren't eliminated or somehow minimized, it's still the same that is why we should buy what we think will give us profits than losses. And I agree with you, there's no need to buy a lot of altcoins, a few of them will be enough but make sure that you're only buying altcoins with good potentials or among the leading altcoins.

abel1337

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Quote from: newdevices on April 16, 2023, 05:33:43 PM

Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

From the historical chart and according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?

if we look at history, the altcoin season could happen next year, because we know that the bitcoin halving will happen next year,
therefore the altcoin season is really very close, I'm sure the whales have also accumulated several altcoins such as XLM, XRP and ETH.

There are many speculations that there could be a mini bull run un 2024 and the real bull run will come on 2025. But personally I believe that the bulls will come after the bitcoin halving so probably around 2025. Altcoin will mostly come after bitcoin in my opinion. One thing is for sure, We are nearing the market scenario that we want and I hope that most of you guys collected altcoins or bitcoin when the market dipped so hard.

Xal0lex

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Quote from: samcoin on April 16, 2023, 03:00:48 PM

Quote from: Xal0lex on April 16, 2023, 09:41:06 AM

The market started recovering much earlier, a few months ago. While bitcoin reached $30,000, many altcoins have already managed to grow by several hundred percent and give good profits to those who bought at the end of last year. Don't forget about the fact that the current market position can be not a signal for recovery, but the price at the highs, when it is already late enough to buy and the market is waiting for a prolonged fall and correction again. Something similar happened in 2019, the time is just the same, there too until the beginning of May the market was growing, and then it began to fall.

I have the same view. In the previous cycle, Bitcoin made nice correction before it went down again, and now we are probably witnessing the same situation. I think 34k could be the last target before a move down. Regarding altcoins, if you look at most of them now, they are less in the BTC value than their values during the period you talked about, so BTC was better to hold over those periods. However, the BTC value of ETH is the measurement for me in cases like this, and it has just started to move now, so we might watch a short altcoins season soon.
Personally, I prefer to hold Bitcoin even if it's supposed to move down, because the rise happens fast like what happened during the past months, so we could miss a chance. The hardest thing in this market is to try to time it, because you would mostly fail.

The market has been going up for a long time almost without stopping. $34,000 is a good price, but there is a possibility to see this mark not as fast as we would like. Still, the market cannot recover indefinitely, especially with the fact that the FUD around cryptocurrencies, regulation and exchanges is not completely over. There are still various rumors in the market about Binance and the arrest of CZ, all of which could trigger a big and sharp dump.

shinratensei_

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seems like everytime bitcoin has the slightest break out and recovery, altcoins are reacting rather well to it, mainly most of them are getting really good increase even more than 100% which is honestly great, if this keeps up and the bitcoin got massive increase, i'm sure altcoin season definitely gonna be right in front of us. I still honestly can't really grasp the reason why so many altcoins and even bitcoin is acting up this way right now but it seems the overall condition of the current economy really benefits cryptocurrencies in general, this could be a momentum for accumulation since it seems the market of cryptocurrency is just getting brighter and brighter. I'd say, altcoin season is indeed around the corner and it's already there for some of the coin prominently second layer that got all the attention nowadays.

Kelvinid

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Quote from: Bananington on April 16, 2023, 04:56:39 PM

Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

What is your thoughts?

As we about to enter the altcoin season, I think we should be careful of the altcoins we still choose to invest in and the number of altcoins we invest in. Choose a few altcoins that you have researched to have good potentials and invest small amounts in them. Do not make the mistake of investing in too many altcoins, as it increases your chances to gain more, it also increases your chances to loose.

When the bull season is coming, people are buying more altcoins which is why we could see that prices went high due to increase demand. It will continue until the bull season and so developers trying to catch this event and launch their useless projects. Now, if we are too careless in choosing altcoins, you will be right and the chances of losing are high.
Research is really a weapon to avoid this thing happen to us and most of all, we don't have to rush in making a decision unless we are investing old coins.

newdevices

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Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

From the historical chart and according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?

if we look at history, the altcoin season could happen next year, because we know that the bitcoin halving will happen next year,
therefore the altcoin season is really very close, I'm sure the whales have also accumulated several altcoins such as XLM, XRP and ETH.

Bananington

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Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

What is your thoughts?

As we about to enter the altcoin season, I think we should be careful of the altcoins we still choose to invest in and the number of altcoins we invest in. Choose a few altcoins that you have researched to have good potentials and invest small amounts in them. Do not make the mistake of investing in too many altcoins, as it increases your chances to gain more, it also increases your chances to loose.

samcoin

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Quote from: Xal0lex on April 16, 2023, 09:41:06 AM

The market started recovering much earlier, a few months ago. While bitcoin reached $30,000, many altcoins have already managed to grow by several hundred percent and give good profits to those who bought at the end of last year. Don't forget about the fact that the current market position can be not a signal for recovery, but the price at the highs, when it is already late enough to buy and the market is waiting for a prolonged fall and correction again. Something similar happened in 2019, the time is just the same, there too until the beginning of May the market was growing, and then it began to fall.

I have the same view. In the previous cycle, Bitcoin made nice correction before it went down again, and now we are probably witnessing the same situation. I think 34k could be the last target before a move down. Regarding altcoins, if you look at most of them now, they are less in the BTC value than their values during the period you talked about, so BTC was better to hold over those periods. However, the BTC value of ETH is the measurement for me in cases like this, and it has just started to move now, so we might watch a short altcoins season soon.
Personally, I prefer to hold Bitcoin even if it's supposed to move down, because the rise happens fast like what happened during the past months, so we could miss a chance. The hardest thing in this market is to try to time it, because you would mostly fail.

Xal0lex

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Quote from: savetheFORUM on April 12, 2023, 01:31:00 PM

Quote from: Xal0lex on April 08, 2023, 11:57:24 AM

I don't quite agree that many altcoins are rising and showing good growth. Altcoins are rather recovering, they only show growth for those who bought at the bottom. What about those who bought last year or in 2021? There is no growth for them, as the assets have not recovered even 50% of the values they had during the bull run. Still, most investors in the crypto market are still at an unrealized loss.

Yes, the whole market has started recovering value with Bitcoin crossing $30k, and it might be the signal of an upcoming bull run, we have seen that Bitcoin has been pretty stable from the last month after it reached $28k at the end of March, but it has finally moved up a little, so that's surely a positive and we will see a lot of mixed emotions pouring in shortly.

The market started recovering much earlier, a few months ago. While bitcoin reached $30,000, many altcoins have already managed to grow by several hundred percent and give good profits to those who bought at the end of last year. Don't forget about the fact that the current market position can be not a signal for recovery, but the price at the highs, when it is already late enough to buy and the market is waiting for a prolonged fall and correction again. Something similar happened in 2019, the time is just the same, there too until the beginning of May the market was growing, and then it began to fall.

tvplus006

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Quote from: gurunanakji777 on April 08, 2023, 03:45:52 AM

We are all expecting a good season for altcoin cryptocurrencies in the coming months, and the stabilization of Bitcoin prices is quite encouraging as it increases traders' confidence in the market. We have already gone through a long bear cycle, so obviously, we are all now waiting for a good bull season. It seems like the market will improve soon, but the total market volume is still a major concern.

The dominance of Bitcoin cannot increase indefinitely and the closer it approaches 50%, the more obvious the correction looks. So we will soon witness altcoin season, but it can't happen sooner until Bitcoin dominance declines.

fvb

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I would like it to be so, otherwise I think many people are waiting for this moment. Including me because there are some promising altcoins in the portfolio. Of course, no one can say for sure with certainty, but we will wait

savetheFORUM

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Quote from: Xal0lex on April 08, 2023, 11:57:24 AM

Quote from: inthelongrun on April 03, 2023, 10:27:38 AM

It looks like many altcoins are already moving and are in significant gains this year after bitcoins' strong recovery in this year's first quarter. I also started to slowly accumulate some altcoins. Although what is happening this early strong crypto bounce does not guarantee a more upward movement in the next months. I still consider this year as a bear year or accumulating period as most call next year the highest probability of a bull run due to the bitcoin halving. But I can smell that this year will be better compared to last year.

I don't quite agree that many altcoins are rising and showing good growth. Altcoins are rather recovering, they only show growth for those who bought at the bottom. What about those who bought last year or in 2021? There is no growth for them, as the assets have not recovered even 50% of the values they had during the bull run. Still, most investors in the crypto market are still at an unrealized loss.

Yes, the whole market has started recovering value with Bitcoin crossing $30k, and it might be the signal of an upcoming bull run, we have seen that Bitcoin has been pretty stable from the last month after it reached $28k at the end of March, but it has finally moved up a little, so that's surely a positive and we will see a lot of mixed emotions pouring in shortly.

About altcoin accumulation, I believe buyers must have already accumulated enough during Bitcoin's drop back to $19k and then getting back to $28k last month, and those who bought at the bottom are already enjoying the price movements.

beerlover

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Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

From the historical chart and according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?

I can't really know when we will, but it is very important to know the difference between entering the altcoin season and what we have in our hands. Most of the time it is not going to be an easy decision to make a profit if you end up buying something terrible, I have seen people who invested a lot of money during the bear period, when everything was low, and then hoped they would make a profit during the bull period and instead they lost all their money.

This is why I highly suggest that if you really want to make a profit, then do that with good coins and not potentially failing ones. Those ones will end up taking away all of your money and leave nothing to you, even if they do not scam, they can crash hard.

Mpamaegbu

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Quote from: The Cryptovator on April 01, 2023, 05:33:45 AM

What is your thoughts? Are you agree with the point?

While I acknowledge that in this crypto space we can't know it all, especially when it comes to price speculation and movements, my past observations put altcoin season after Bitcoin has had its rally. It's at this point that some investors who will still be basking in their tremendous success following Bitcoin price will cash out there and then splash their profits on their favourite altcoins. However, I didn't witness such after Bitcoin had its ATH in 2021. I was expecting altcoins to rally in 2022 but that never happened. That was why I said earlier that crypto was full of surprises. On the normal, altcoin season should be in 2025; not now. But then, I can't be vehement to say things can't change.

Xal0lex

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Quote from: inthelongrun on April 03, 2023, 10:27:38 AM

It looks like many altcoins are already moving and are in significant gains this year after bitcoins' strong recovery in this year's first quarter. I also started to slowly accumulate some altcoins. Although what is happening this early strong crypto bounce does not guarantee a more upward movement in the next months. I still consider this year as a bear year or accumulating period as most call next year the highest probability of a bull run due to the bitcoin halving. But I can smell that this year will be better compared to last year.

I don't quite agree that many altcoins are rising and showing good growth. Altcoins are rather recovering, they only show growth for those who bought at the bottom. What about those who bought last year or in 2021? There is no growth for them, as the assets have not recovered even 50% of the values they had during the bull run. Still, most investors in the crypto market are still at an unrealized loss.

Topic: We are about to enter altcoin season, what do you think? - page 5. (Read 1039 times)