What do you think October will be for alts?

justdimin

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Quote from: dificanovi on November 08, 2021, 02:28:03 PM

In October there were several altcoins that experienced an increase in price, one of which was SHIBA INU, this coin experienced a price increase because Elon Musk posted pictures of Shiba Inu puppies and whales aka big traders who were actually buying up Shiba Inu.
In October Bitcoin also experienced a price increase so that bitcoin scored an all-time high of around $66,698 on October 20, 2021.

Bitcoin could go up without altcoins, and altcoins could go up after bitcoin has gone up.
So, for a short period of time there is a situation where altcoins go up when bitcoin doesn't move at all.

If you have been here long enough (which looks like you have) you know that after bitcoin reaches a peak, it drops just a smidge and then alt season starts where bitcoin stays around the same price and then alts go up like crazy. That is called alt season and that almost always happens after bitcoin reaches to a new all time high and a big one at that (not like the new record we had recently).

So, I believe that we will have alt season, and it will not be based on bitcoin at all, it will be based on purely alts.

dificanovi

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In October there were several altcoins that experienced an increase in price, one of which was SHIBA INU, this coin experienced a price increase because Elon Musk posted pictures of Shiba Inu puppies and whales aka big traders who were actually buying up Shiba Inu.
In October Bitcoin also experienced a price increase so that bitcoin scored an all-time high of around $66,698 on October 20, 2021.

Ryker1

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The market cap and dominance of Bitcoin (BTC) increasing , the influence and potential of alternative currencies continue to grow and take center stage. Altcons most of the time depend on bitcoin price. So if bitcoin reach in a reliable stage then altcoins session will be started. they may differ in their consensus or validation methods. Some promising currencies that are worth looking into are Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), Dogecoin (DOGE), and Chainlink (LINK), Solona (SOL). Just wait for next session which very close to us. It can be started end of this year of very beginning next year.

Well in short --altcoins depend on the bitcoin dominance which is there is no altcoins season that only grows on their own without bitcoin.
Besides, we cannot determine the fact that there is an altcoin season because the entire market grows altogether and we experienced a bull market situation and I think this is enough indicator that there is no altcoin season that relies on their own. All you have mentioned above was the price increased too and some did not like XRP and we know there are other altcoins that have manipulated the price through their influencer.

Xampeuu

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Quote from: elisabetheva on November 03, 2021, 07:55:05 PM

Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

It looks like it has indeed happened for some of the altcoins in the last month to have reached renewable ATH. so it is true that altcoins are currently on the rise and will likely be until the end of this year.
it seems that many new coins have also participated in the altcoin movement scene in CMC/CG so that the top 5 rankings don't seem to change but for ranks below 5 there are always changes. and the good news is that what is growing is coins that have not been looked at and new coins.

There are several new coins that have become the center of attention, such as the shiba inu, where the fantastic increase has made many people enthusiastic to follow its development, this of course makes people interested in following this euphoria. but we have to be careful in taking profit, because any time a crash can happen

elisabetheva

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Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

It looks like it has indeed happened for some of the altcoins in the last month to have reached renewable ATH. so it is true that altcoins are currently on the rise and will likely be until the end of this year.
it seems that many new coins have also participated in the altcoin movement scene in CMC/CG so that the top 5 rankings don't seem to change but for ranks below 5 there are always changes. and the good news is that what is growing is coins that have not been looked at and new coins.

michellee

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Quote from: Botnake on November 02, 2021, 11:37:29 AM

Quote from: michellee on November 02, 2021, 11:05:29 AM

Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

Still, we need to wait for the altcoin season to make a big profit because when the altcoin season comes, many altcoins will increase, not just for the potential altcoin that can increase, but some of the undervalued altcoins can also increase.

That means we will make additional profit from the undervalued coins. So the altcoin season helps us to make more profit so hopefully, in these two months, we can expect that the altcoin season will come again to us.

There may be significant pumps for bitcoin and some potential altcoins at the present but it won't guarantee an alts season at the end of the day. Majority of the altcoins are still undervalued and did not create expected pumps since we always believe that when bitcoin starts to be bullish, altcoins too will probably be bullish too. So i don't expect alts season this year, maybe it will come by early next year. Once we start seeing majority of the altcoins are already in good position, then that will be start for alts season.

Yes, like what we see in a few hours ago. But the big pumps will be coming after this and it could be a surprise to us. Some altcoins have already increased and yes, the altcoin that is still undervalued can back reach their last ATH. And if this situation can continue, we may see an explosion in the next two months.

Although I am not sure if we will see the altcoins season in this rest of the year, if that can happen, we will be happy because we can make a big profit. Even if altcoins season is not happening this year, we still have more time to see it come.

Botnake

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Quote from: michellee on November 02, 2021, 11:05:29 AM

Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

Still, we need to wait for the altcoin season to make a big profit because when the altcoin season comes, many altcoins will increase, not just for the potential altcoin that can increase, but some of the undervalued altcoins can also increase.

That means we will make additional profit from the undervalued coins. So the altcoin season helps us to make more profit so hopefully, in these two months, we can expect that the altcoin season will come again to us.

There may be significant pumps for bitcoin and some potential altcoins at the present but it won't guarantee an alts season at the end of the day. Majority of the altcoins are still undervalued and did not create expected pumps since we always believe that when bitcoin starts to be bullish, altcoins too will probably be bullish too. So i don't expect alts season this year, maybe it will come by early next year. Once we start seeing majority of the altcoins are already in good position, then that will be start for alts season.

michellee

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Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

Still, we need to wait for the altcoin season to make a big profit because when the altcoin season comes, many altcoins will increase, not just for the potential altcoin that can increase, but some of the undervalued altcoins can also increase.

That means we will make additional profit from the undervalued coins. So the altcoin season helps us to make more profit so hopefully, in these two months, we can expect that the altcoin season will come again to us.

MIner1448

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Quote from: fattyax on October 23, 2021, 01:58:45 PM

October had many events notable for the entire cryptocurrency market: Ethereum almost recovered to $ 4,500, and Bitcoin's price surpassed $ 66,000, which is a good sign that October will be a great month for most cryptocurrencies. Now I am closely watching the process of collaboration between polygon, stellar and nws. I have high expectations for these coins. What do you think of this project? Could this significantly affect the price? Also, I would like to see your predictions for the altcoin market for October, which altcoin do you believe in and what fundamentals can drive growth?

Many predicted that autumn 2021 will be a breakout season for altcoins, especially in terms of technology, we are seeing many jumps in price with the same Solana, Ada, BNB, etc. I want to touch on the meme coins such as dogi and shiba, they also increased in value just in the fall.

worle1bm

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Quote from: fattyax on October 23, 2021, 01:58:45 PM

October had many events notable for the entire cryptocurrency market: Ethereum almost recovered to $ 4,500, and Bitcoin's price surpassed $ 66,000, which is a good sign that October will be a great month for most cryptocurrencies. Now I am closely watching the process of collaboration between polygon, stellar and nws. I have high expectations for these coins. What do you think of this project? Could this significantly affect the price? Also, I would like to see your predictions for the altcoin market for October, which altcoin do you believe in and what fundamentals can drive growth?

The top altcoins will follow the bitcoin rally and most probably they will show some growth with btc pumping but it looks that many altcoins that have been rising with insane manipulation would fall sharply wiping out the market cap of these coins and investors money and that's sure.There are many such coins who don't have any liquidation on exchanges and investors are unable to cash out the profits and they will crash.But on the other side ETH and SOL or some other coins will show growth with all the NFT trend so they will rise.But everything is uncertain.

Vaculin

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Quote from: Hippocrypto on November 01, 2021, 04:50:02 PM

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Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

I doubt October is the month we all waiting for, the total market dynamics don't go in up direction for the last 2 weeks. Small corrections towards ATH for BTC don't mean it will be the same for the altcoins, alt season may happen after November.

Indeed. To be honest it is too difficult to make such forecast about some currencies, because it was difficult to predict that what was going to happen. But, as I know alts season will be more possible after bitcoin's bull run. I think most probably it will start by early next year. However, there's an Alts started to increase now, so, we don't totally know. Predicting what will happen honestly will requires high level knowledge of analysis. That's why it is very important that we are always updated and have knowledge about it.

The bullish market will come again before we end this year as Bitcoin made its recovery a shot fall in the past few days. Altcoins we able to follow as we know and as we have experienced. This is just a sort of market prediction but seems possible. So, if we have some trust in our altcoins, holding for a while is a great idea. It might be a form of gambling as we are not sure for the incoming but we can't gain more of we are afraid to risk then.

Hippocrypto

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Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

I doubt October is the month we all waiting for, the total market dynamics don't go in up direction for the last 2 weeks. Small corrections towards ATH for BTC don't mean it will be the same for the altcoins, alt season may happen after November.

Indeed. To be honest it is too difficult to make such forecast about some currencies, because it was difficult to predict that what was going to happen. But, as I know alts season will be more possible after bitcoin's bull run. I think most probably it will start by early next year. However, there's an Alts started to increase now, so, we don't totally know. Predicting what will happen honestly will requires high level knowledge of analysis. That's why it is very important that we are always updated and have knowledge about it.

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Quote from: Evgenklm on November 01, 2021, 03:05:13 PM

I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

I doubt October is the month we all waiting for, the total market dynamics don't go in up direction for the last 2 weeks. Small corrections towards ATH for BTC don't mean it will be the same for the altcoins, alt season may happen after November.

For me, alts season will be more possible after bitcoin's bull run and most probably it will start by early next year. Although some altcoins are making significant price increase this time due to bitcoin's bullish trend but there is no guarantee that they will always be in a high value. Whenever there's a market crash that may hit the market anytime soon, these altcoins will be the first to be affected including those low value coins that are also seen having a price increase because they are influenced with bitcoin. So let's not hope for alt season this time, its more on bitcoin's bull run that is starting to be more visible this time.

Evgenklm

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I think if an altcoin is promising, then it does not need an altseason, but in general, of course, I am waiting for this, but for some reason only the top 10 CMC show growth dynamics, or these are my subjective observations, I think by the end of this month we will see new ATH for altcoins.

arbifahrozy

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Off course, in my opinion there must be some positive way for alts, and have been some entry strategy that at which time we want to be able to take a best time entry in the alts and noting the selling time could be very beneficial as well. So, always be ready for the dip and buy it and October will also be helpful for many traders I hope so.

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Quote from: andriarto on October 25, 2021, 06:58:54 AM

Quote from: Xinarae* on October 25, 2021, 02:18:38 AM

I think if the bitcoin stays stable for a while then there is a possibility to pump all types of altcoins, although thinking about altcoins is very costly and very risky. Altcoins can be very profitable at times but on the other hand properly any kind of analysis does not work properly. There are many groups where many are saying that altcoins will go up very soon but no one is saying the right time.

indeed at least bitcoin is stable until the end of this year, so it is possible that we can see altcoins rise, because if bitcoin goes down, most altcoins seem to follow the decline as well. on the other hand, this moment coincides with the end of the year where the desire to climb up seems to be wide open, and that many traders believe in it, so the opportunity to go up will be easier

Well apparently this month of October looks like it is already leaving without leaving an altcoin season open, November may be different, there are more chances of it happening because it is closer to December and generally people usually buy any amount of gifts and things in November not to buy in December at the last minute and much more expensive.

It is for this reason that more hope can be predicted regarding the rise of altcoins, and obviously for BTC, if BTC goes into a definitive uptrend it is likely that the altcoin season will start with all, it has always been the case, at less that is what I learned in 2017.

zaesvlas

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It's time to open a new topic, about November. How did the forecasts for this month come true?

taufik123

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Quote from: AicecreaME on October 30, 2021, 08:20:09 AM

It's hard to say what to do next regarding about the recent Bitcoin pump, because not all of the Altcoins followed, most of it stayed in the bearish market. However, of course we still not sure about what's gonna happen next, so it is very important to invest only to the Altcoins you think your money is in the safe place, for example are those big coins like ETH, BNB, ADA, etc.

Also it would help if you always have time to monitor the market movements to avoid missing the opportunity of making profits.

Some altcoins do survive the bear market, but strong altcoins such as BNB, ETH have started to recover well.
The top 10 altcoins in CMC some of them reached new ATH.
Bitcoin is still stuck in the $60k area and let's hope it doesn't crash, which will give altcoins a longer breather.
October is coming to an end, and will step into November. if the bitcoin price is able to hold above $60k it is likely to continue to a new ATH again.

AicecreaME

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It's hard to say what to do next regarding about the recent Bitcoin pump, because not all of the Altcoins followed, most of it stayed in the bearish market. However, of course we still not sure about what's gonna happen next, so it is very important to invest only to the Altcoins you think your money is in the safe place, for example are those big coins like ETH, BNB, ADA, etc.

Also it would help if you always have time to monitor the market movements to avoid missing the opportunity of making profits.

Hypnosis00

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Quote from: OcTradism on October 30, 2021, 06:48:41 AM

Quote from: martina14 on October 28, 2021, 10:38:55 PM

For what is happening now in the market especially with Bitcoin price value, I could say that we are about in the stage of bull run again it many not be like 2017 where the majority of the altcoins also got increased their price value in the market, but now only some of the altcoins got increased only. That is why we still need to be careful of deciding when to buy or sell our assets. Good day Wink

Market is warmed up and altcoins will have their turns soon. Do you see the total marketcap is trying to break out and claim a new all time high?

When it happens, a break out, the media will make noise and people will join another FOMO time. Bitcoin will lead the market to a new all time high, not only Bitcoin price.

Altcoin season can come in November, December or Q1 of 2022. Is it serious matter if it happens in Q1 2022, not this year? I don't see serious issue if it will be postponed a few months.

Actually, the price of Bitcoin is backing up high after a shortfall. That I was thinking for it drops a few more days and able to reach $40k before the spike comes again but too fortunate that it never happens. The support level keeps the momentum to turn back uprising and leads for new ATH as possible. And that I assume that next month ( November) is somewhat likely we make it happen again.

Well, that FOMO is most likely what we have to see. And it was time that crypto will be on the top and hot topics in the internet, social media, and in the newspaper.

But anyway,
Given the chance that it rallies back this year due to the possible high demand this Christmas season but can't just ignore the possible price correction and we still have to think wisely.

Topic: What do you think October will be for alts? (Read 561 times)