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Topic: We are about to enter altcoin season, what do you think? - page 6. (Read 1060 times)

full member
Activity: 783
Merit: 108
I do follow some altcoins and I have accumulated them a bit too, but I don't think the bull market is coming any time soon, although the market is also showing more signs of bearish price. reduce the previous gloom.
However, I think it is still necessary to prioritize btc more in the portfolio, because basically I expect a long-term development cycle rather than the current context, some altcoins have also increased in price many times but I think it is singular because of hype or short-term pumping.
hero member
Activity: 2912
Merit: 541
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We all know when Bitcoin price reach to a stable level and then then altcoins start being accumulated. So now a huge accumulation ongoing as Bitcoin is now stable. But we never say accurately when altcoin season will start. But by watching some indicates we may say yes maybe it's the beginning of an alt season. But to enter the market always do your own research.
It is possible that altcoins are currently being accumulated, seeing that bitcoin movements are more stable. But that's just speculation because no one knows when the altcoin season will come and we can only guess. But altcoin season may come after the middle of this year or even at the end of the year, waiting for bitcoin to increase to $40k or more. And now it seems like people have started researching to find hidden gems in altcoins and that search starts with coins that still have very low prices. So don't be surprised if the price of those coins can increase several times from their current price.
full member
Activity: 658
Merit: 158
BTC Rocks
We all know when Bitcoin price reach to a stable level and then then altcoins start being accumulated. So now a huge accumulation ongoing as Bitcoin is now stable. But we never say accurately when altcoin season will start. But by watching some indicates we may say yes maybe it's the beginning of an alt season. But to enter the market always do your own research.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
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.
full member
Activity: 826
Merit: 104
IMO, it is not possible to conclude that we are nearing an Altcoin season based solely on the stable Bitcoin price and the conversion of traders to altcoins. This market so far, its volatility in the short term or long term is very clear, perhaps the current scale is still too small to talk about stability, and this can also be considered as the view of each of us is not the same. However, making investment decisions is complicated by many factors and it is impossible to draw conclusions based on just one chart and a few recent observations of the market. Investing in any business asset is risky and should be carefully considered.
legendary
Activity: 3304
Merit: 1617
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I think altcoin season usually comes at the end of huge bull runs. We are not there yet, in my opinion altcoin season will come after the next big bull run, end of 2025 or 2026 (if we are still following the 4 year cycles from halving to halving).

I hope you’re right & it comes sooner but I think it will be a while yet.
full member
Activity: 728
Merit: 101
I agree with you, we seem to have entered the altcoins season, bitcoin has always been superior to altcoins, although it is still slow, but I believe altcoins will be able to catch up with bitcoin, so now is the right time to buy
hero member
Activity: 3164
Merit: 675
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I doubt this will happened anytime soon. According to the data available from Bitcoin CME Futures, Institutional investors are the only ones pumping Bitcoin market price which means this current bull run is just a ticking time bomb for retail traders that will FOMO buying or riding the hype. The global economy is in its worst condition and people are having a hard time getting money for their daily necessities. Imo real altcoin season is when retail is the one who take charge of the pump and not institutional investors that will dump their bugs on retail's face once they start to enter the crypto market using fresh fiat.
I would say that it is not really that bad looking at all. I understand that institutional investors are heavy favorites here, but lets remember that the hype around bitcoin could grow exponentially big if you let the retail investors be the only ones left. So if it grows too big, then even if those companies and whales sell, it could turn to bizzare increase of the price when retail investors are putting in all the money they have.

I remember clearly even pandemic check us government gave out caused the price to go up on bull run. So, I can easily say that we are going to have a different situation in our hands when the time comes as well, just need to wait.
member
Activity: 812
Merit: 13
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There are a lot things that can happen this year especially on altcoin. Recently there is a good trend like arbitrum. Maybe the market will be correction untill end of year before bull run happen on next year. But, this is only prediction i can be wrong in this. So, we just need watch happen next.
Many things are still going to happen in the altcoin season that we claim to be. The market is going to be bullish soon so this will make so many of these altcoins to surge high with time because the market is a bit ranging now. We need to keep buying what we want to buy now that the price of some altcoins are still low.
hero member
Activity: 2268
Merit: 507
There are a lot things that can happen this year especially on altcoin. Recently there is a good trend like arbitrum. Maybe the market will be correction untill end of year before bull run happen on next year. But, this is only prediction i can be wrong in this. So, we just need watch happen next.
it seems arbitrum has shown the fact that altcoins season are there, even in the middle of bearish a coin could gain tremendous valuation and being released succesfully, it just matters of the quality of the project itself.
right now many projects are getting good funding again, it seems altcoin seasons are near.
full member
Activity: 1428
Merit: 120
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Several major altcoin are having very good momentum for the upside and they seem to be mistaken.  Many people are expecting this to be the upcoming altcoin season but personally I don't think so yet, it is currently the process of restructuring and re-establishing the momentum of bitcoin.  Everything is focused on the movement of bitcoin, until the trend and sustainable faith in bitcoin is fully confirmed by the market, that will be the signal of altcoin season.  I guess the end of the year will be a good time
full member
Activity: 983
Merit: 100
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There are a lot things that can happen this year especially on altcoin. Recently there is a good trend like arbitrum. Maybe the market will be correction untill end of year before bull run happen on next year. But, this is only prediction i can be wrong in this. So, we just need watch happen next.
hero member
Activity: 1862
Merit: 601
The Martian Child
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. 
hero member
Activity: 2954
Merit: 796
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 doubt this will happened anytime soon. According to the data available from Bitcoin CME Futures, Institutional investors are the only ones pumping Bitcoin market price which means this current bull run is just a ticking time bomb for retail traders that will FOMO buying or riding the hype. The global economy is in its worst condition and people are having a hard time getting money for their daily necessities. Imo real altcoin season is when retail is the one who take charge of the pump and not institutional investors that will dump their bugs on retail's face once they start to enter the crypto market using fresh fiat.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
I think the highest peak of altcoin will be in June this year, then there will be another correction until the end of the year, this is just my personal opinion, feel free to discuss.
and in 2024 market will continue raise again.
hero member
Activity: 3010
Merit: 666
I'm guessing it's true, many altcoins have gained many traction, more prominently are coins like arbitrum, optimism and the like, they always steal the attention, moreover their funding from the major investments and venture capital are always huge, it seems the institutional investors are really interested in them. therefore these coins could do massive airdrop and didn't break a sweat about their valuation falling. I'd say maybe altcoin season is near.
They are not interested because it gives them a huge profit when it was bullish more than the profit that they will get from Bitcoin. Perhaps, it was a brilliant and practical idea, and despite the high risk compared to Bitcoin, they never think about it because what is in their mind is the opportunity.

We can only see altcoins season comes when Bitcoin is also bullish. But for now, I couldn't say it was near but yes, we are heading on that way. We just hope that the upcoming halving will encourage more investors as this will eventually help to increase demand and prices.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
I'm guessing it's true, many altcoins have gained many traction, more prominently are coins like arbitrum, optimism and the like, they always steal the attention, moreover their funding from the major investments and venture capital are always huge, it seems the institutional investors are really interested in them. therefore these coins could do massive airdrop and didn't break a sweat about their valuation falling. I'd say maybe altcoin season is near.
hero member
Activity: 2744
Merit: 588
The market will be tested this week, so monitor the price trend and see you can still buy at a cheaper price now or you can just buy know to avoid being left behind. Bitcoin is the basis of many investors as well, I’ve seen the drop and this is a crucial level for Bitcoin, $25k should he our strongest support level to hold this current trend. Altcoins season will start once they enter the market enters the up trend, so far we are so close to this.

We can always observe the market where it is heading to..
Up until now, we can't determine when is the alt season, or btc season per se.
We are only relying on what's next depending on the progress and recent news surrounding this market.
This is why, hard to advise when you need to buy or not. Just follow your instincts on this matter.
You are dealing with your own funds, so much better if you keep up with the market to get the hints where we are going.
full member
Activity: 1582
Merit: 132
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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 am still not sure about this. This is too fast, isn't this?
I think that it will  be running after the Bitcoin bullish era   Cheesy
But if for some certain altcoins, they may be really rising up very significantly, for mostly the newcomers. The question is: can this stay much longer than we expected? For, we know that if there is altcoins increase may be only for seasonal or will stay longer. 
full member
Activity: 2128
Merit: 180
The market will be tested this week, so monitor the price trend and see you can still buy at a cheaper price now or you can just buy know to avoid being left behind. Bitcoin is the basis of many investors as well, I’ve seen the drop and this is a crucial level for Bitcoin, $25k should he our strongest support level to hold this current trend. Altcoins season will start once they enter the market enters the up trend, so far we are so close to this.
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