Topic: What causes altcoin season? - page 4. (Read 846 times)

Yes, I've seen these tokens overload the mempool, but I've also seen them grow well. I think this trend may happen again when altseason starts. I haven't heard about the new ethereum token format yet. I'll have to take the time to look into it. Thank you.

It happened most of the time that Bull season of altcoins appears after Bitcoin's Bull run so there is a possibility that same will happen after coming Bull season of bitcoin.
Most of the altcoins are good in present time but which altcoins will show more better results is not known yet because its all about future and future is unpredictable like that of cryptocurrency.

One thing to remember is that whenever bitcoin goes higher all altcoins are also following it so it is believed that altcoins seasons is initiated by bitcoin all the time because altcoins follow the movement pattern of bitcoin.

That's right, btc took off before anyone else and continues to rise, although alts continue to slowly weave. But if you haven't had time to buy btc like me, I advise you to try staking TFS, now is the right time

Rather than a meme coins, BRC-20 is more irrelevant, remember how these tokens have a negative impact on the Bitcoin blockchain, I think people understand the negative impact of BRC-20. Meme coins are the most relevant category for every season, because they really don't have a strong underlying foundation that allows them to fly at any time.

BTW, have you heard about the new token standard on Ethereum? that's ERC404, recently projects in this category have been widely discussed, especially the Pandora project (PANDORA).

There are a lot of altcoins out there, the choice of considering buying any of the altcoins is actually a personal one and a sole decision to make, it is much important imperatively to do your own research to understand and know all the necessaries as regards to the project having a real world application and the possibility of having a high demand for it. It is always advisable to DYOR  which is a watch word in the crypto space.

In most cases, it happens like that, you will find out that bitcoin season or bullrun will first proceeds and then the altcoins season follows, but there are few instances that it doesn't really work like that, bitcoin can emerge rising fast while the altcoins are not performing well at all, and it do happens also that the altcoins are rising and the bitcoin market not making cognitive performances, things falls apart sometimes, but the most common one we have and do see happen is from the first scenario of bitcoin taking the lead while others follows.

Investors first put money in btc which called btc bull season and when btc reach to maximum price then investors start migrating some btc to other coins where alts season start. This time I observed that btc and alt season going in same time. In the last six months all major coins along with btc pumped well and still moving upward.

I think we have to focus on layer 2 projects like Arbitrum, Optimism, Zeta  and some staking proof of stake coins like Atom, Dymensions. You can also research on new gaming projects also.

It's definitely a common pattern observed in the crypto market that an altcoin season often follows a Bitcoin bull run. The logic behind this trend is that once Bitcoin's price stabilizes after a significant rally, investors start looking for potential gains elsewhere, leading to increased investments in altcoins. From the patterns observed in the historical cycles, it's anticipated that altcoin season will begin after the current Bitcoin bull run.
However, the crypto market is unpredictable, and timing can vary. Instead of investing in just a couple of Altcoins, i would recommend rebalancing your portfolio so as to manage risk and capitalize on opportunities across different cryptocurrencies. This approach would help potentially guarantee that your investments are aligned with your financial goals and market outlook, while potentially maximizing returns while minimizing risks.

If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

Yes, it is how it is going to be.
What altcoins you must invest? I don't know what you can afford right now but you see that ETH is trying to break and back on $3k and that's a good thought that it might be breaking the past ATH that it has got and maybe more than $4k will be achieved for the altcoin season.
Whatever you have in mind, DYOR before you invest.

I joined this space 2021 and I haven't witnessed any altcoin season. I don't know how it looks like. Does it mean altcoins will be firing and leave bitcoin behind? Is such a thing even possible. Could the real definition of altcoins season be that, as bitcoin is rising, a few altcoins will also rise. If so, every bull run is an altcoin season including the last one. If there's any other idea of altcoins season apart from what I have, may I know it?

There are new trends every season. I think the meme will be irrelevant next season. Maybe the hype will be around ai or brc-20. I don't remember a trend repeating every altseason, although almost all altcoins are growing. You need to be able to recognise what will grow better.

I think the bitcoin bull season is based on the bitcoin price situation following bitcoin itself and all emerging altcoins. The altcoins market is always feeling the bitcoin market so it could turn bullish very soon. You should buy altcoins before the bull run and sell them during the bull run. I think this is really the right time that you can buy a lot of good altcoins at low prices because you may not get such a down market in the future. However bitcoin itself is the king of the crypto market so you should just look for the right time to buy bitcoin.

The logic is simple. There's that expectation that investors who want to keep the profit made in cryptos from Bitcoin rally will look for viable altcoins to ploy them into. Once that begins to happen, the ignorant public catches on with the various buy orders and FOMO in. That's how the build up starts. Many more people throw in their money and price begins to hit the roof.

The bull run just about in its early stage and you're saying it's taking long already? I don't think so. Wait till after halving and you will see price spike off. Also, know that altcoins don't begin rally until Bitcoin has exhausted it's rally like I explained above.

Yes, I believe we're going to have a massive altcoin season this circle. On the altcoins to focus on? Follow the categories with the current narrative and I think it won't be a bad idea to research BRC20 tokens.

Most likely the cause of the price of some altcoins increase is the increase of the price of bitcoins in the crypto market and other than that, you just have some kind of a seasonal success for certain coins due to their successful launch or their updates are unique and have huge potential in the future that's why a huge numbers of investors by their coins. Sometimes the current trend will make certain altcoin prices rise like some tweets from Elon Musk about Doge Coin and other tweets from the owners of popular Meme coins like Shiba Inu there are times when NFTs are popular and it also causes other altcoins like ETH to spike its price as well.

It will actually come, but after the hype on Bitcoin (BTC) dies down. We just need to wait until the time comes, the only thing we can do besides waiting is to always monitor the Bitcoin Dominance chart. When it is below 50%, I think that is the right time to slowly accumulate major altcoins. Talking about altseason, what narrative do you think will be carried in the next altseason? Is it RWA or meme as usual?

This is normal in crypto settings, Bitcoin price controls other crypto price, so it is expected that other crypto price will follow as soon as the bull run is set, though I do not know the altcoin that's best to invest in but i surely know that most well known altcoin will appreciate in price and investors are going to smile, again at this time many investor has much Bitcoin in their possession so they will be considering looking side ways which is altcoin investment, many people understand this concept but the major problem is the particular altcoin to invest in which you have asked already, the way events are unfolding I think people should be very careful on choices to avoid being a victim of circumstance.

If you think too deeply about what is causing the market to buy or sell, then you might not be able to know the actual reason for the move in some cases. The same thing is applicable to the cryptocurrency market, though enough is known to cause its movements, yet the market psychology at which cryptos move surprisingly at times is often not known.

Well, about your context, let me say that it all starts from the halving. This is the tradition in Bitcoin which buyers are now taking advantage of. After the halving, investors believe that the motive is to increase the demand for Bitcoin to make it scarce, and this in turn is bringing in more money into the coin (more demand). However, it gets to a stage where investors will look beyond Bitcoin when they realise that it has been effectively pumped, which is why the altcoins will gain more attention at that time. But note, this doesn't mean that when Bitcoin is buying the altcoins will not buy. Just as we witnessed in the last mini-bull run of the last months in 2023, that is the way it will happen, but it will only be more. At that time, altcoins will be moving dangerously upwards, and the only reason I can attribute to this is higher desperation to make more money. Focus will now shift to altcoins and investors will desperately be pumping it, and because of their low value yet, the effect is often more significant than that of Bitcoin.

As for the best altcoins to choose from, I advise you to study their reactions during the last mini-bull run experienced between October 2023 to January 2024. That's what I believe they will replicate. Notwithstanding, I still advise you to DYOR.

Yeah thanks.
Market looks very speculative so it's better one use some important tools like the portfolio and some other useful ones. And it's better one try focus on successful altcoins which are still gonna be more successful before going to striving altcoins. Hopefully, we will all meet at the top.

It is not difficult to understand why an altcoin season comes after a bitcoin bull run, what it commonly happens is that after bitcoin has grown in value, investors still want to obtain more profits, but the price of bitcoin is already too high.

So they use their new found wealth to invest in new altcoins as there is not much for them to lose, as even if they were to be scammed by the developers behind the coins in which they invested, they can still sell their bitcoin and obtain huge profits, so at that point they feel they are playing with free money, so they take greater risks as they can afford them, and once enough people do this we begin to see an increase on the price of altcoins, creating what it is commonly known as an altcoin season.

The way I feel about the altcoin bull market is that once bitcoin has truly entered a major bull trend (possibly the formation of a new BTC ATH), then we will see a shift in the flow of money about altcoins more (BTCD may be applicable).

But choosing the best altcoin will depend on each person's research, specifically I like ETH, BNB, DOT,... In addition, there are some new altcoins also included in the research list, but the capital management process that I personally find suitable is that the proportion of capital devoted to bitcoin is always the majority of the portfolio.