What do you think October will be for alts? - page 4.

Shasha80

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Quote from: Yamifoud on October 24, 2021, 05:55:50 PM

October will just about to give a new history to crypto as Bitcoin reaches its new ATH while altcoins are also moving high. As we almost leaving this month, we'd like to give hope that the momentum will continue next month(November) or even until the year ended. This Christmas season might have full of joy as the market price keep on rising despite the global crisis. I'm also thinking that we are able to reach $70k next month, I hope I was right. Grin

So those who are riding the hypes won't suffer any losses but a profit.

Although the increase in altcoins was not that significant in October, at least I am grateful that altcoins prices have started to move up. I really hope
that November will be better than October, if your prediction is correct Bitcoin could reach a price of $ 70k in November. Looks like there's a chance
we could see the price of altcoins go much higher, because we often see several times the increase in altcoins is affected by the increase in
the price of Bitcoin. It's better to be optimistic than pessimistic, because if we are optimistic there will be positive energy that comes out of us and
it makes us more enthusiastic in living this hard life. I hope we can all enjoy this year's Christmas Eve with joy.

Yamifoud

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October will just about to give a new history to crypto as Bitcoin reaches its new ATH while altcoins are also moving high. As we almost leaving this month, we'd like to give hope that the momentum will continue next month(November) or even until the year ended. This Christmas season might have full of joy as the market price keep on rising despite the global crisis. I'm also thinking that we are able to reach $70k next month, I hope I was right. Grin

So those who are riding the hypes won't suffer any losses but a profit.

darewaller

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Alt-season part never comes before bitcoin reaches its peak. Sure the price of alts do go up, but there is nothing that will make alts go up in an alt-season level of situation. Which means that first we need to see bitcoin reach its peak for this time around. Some say that will be 70-80 thousand, some say it will be 100k+. Whatever that number is, we surely know that there is a good case to be made for much more increase and we are not at peak just yet.

This is why I believe that we should not be waiting for an alt-season just yet. Let bitcoin reach its peak, and whenever it goes up more and more and more and then suddenly stops and even has a little crash, THAT'S when you will see the prices of alts start to skyrocket. We still have at least another month of this bitcoin increase, as long as that continues to go up, we need to stay patient and wait.

michellee

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Quote from: molsewid on October 24, 2021, 06:51:45 AM

Quote from: michellee on October 24, 2021, 04:40:25 AM

I hope that will not just happen for the altcoin but with bitcoin too as bitcoin price shows a good movement this month. And if the altcoin season can come along with bitcoin, that will be great news because we will make a big profit from both bitcoin and altcoin. But seeing what altcoin get in this month, I am not sure that could happen as this month is almost the end so maybe the next month could be a good time for an altcoin to increase. Some altcoins have already increased slowly but it is still hard to predict if the altcoin will start the rally.

The month of October were only 6 days left before it ends and based on what I have observe the altcoin market currently some altcoin are made it's way to pump some are not. I don't think so that this month will be for alts because bitcoin dominates the month with a significant increase in market price. No one can actually say when will be the month for alts to happen. the market was so volatile and unpredictable but I do hope that before the year ends we could see significant movements for alts too because it would be beneficial for many of us.

We will see it later as sometimes, the crypto market can give surprises to us, which can be out of our expectations. Hopefully, the altcoin can follow bitcoin to increase so we can make a double profit. But I agree with you that no one can actually say when will be the month for altcoins to increase and we can only predict the time. If the altcoin moves after bitcoin reach the high peak, that will not be a problem as we can profit from bitcoin.

otundebis

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This month's have been positive for bitcoin and altcoin will respond to bitcoin movement. I am hoping to see ethereum at $5000 , Solana will also reach a new ATH. I am also cautiously optimistic about other coin like fantom, polygon and kusama. I believe these coin will respond positively to bitcoin movement.

crwth

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What do you mean what will October be for alts? We're almost at the end of the month and you're still not sure what it will be?

If you check on CMC, you can filter the following parameters with the site. Check the 30-day chart and 30-Day percentage gain. You can see that it is almost like a Christmas tree but the majority of the top coins are green.

Source: https://coinmarketcap.com/

With this, you can say that it has been a good month for the alt coins.

Mpamaegbu

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OP, you should realise that history has a way of repeating itself. Until Bitcoin loses steam, alts don't start their rally. As it's now, it's very obvious that Bitcoin is still waxing strong, hitting and breaking resistant points. Sometime recently I shared a table with a forecast that Bitcoin will continue to rally until November. In 2017, I'm using that year as instance because it was also a post Bitcoin halving year like 2021, alts started their rally in the first quarters of 2018 after Bitcoin ended its in December 2017. It's the same way I see alts commencing theirs in 2022 after Bitcoin ends its this December. This is just my speculation. It may be right or wrong. Whichever way, whatever we see in alts going up in price now isn't a rally for alts. It's best described as flash in a pan. Wait until alts rally begins you will realize that what's happening now is child's play.

Quote from: Issa56 on October 23, 2021, 04:29:04 PM

You may want to include the source of that so you don't run the risk of being accused of copy right theft.

ene1980

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Quote from: carrigan on October 24, 2021, 10:18:02 AM

I think October is a good month for Bitcoin, while Altcoins are still trailing behind. I don't mean to discourage your hopes for Altcoins, but this is just an opinion. If it's true that Altcoins skyrocketed in October, I will choose ETH and some altcoins that are often trending in the market because usually these coins have a good chance.Moreover, ETH was once advertised as a substitute for Bitcoin because of its good performance, but in fact it wasn't because of that.

As long as the Bitcoin market is in a bull phase the altcoin market will move along with it. If you are holding the top coins then you will end up earning a good profit. I am not confident to invest in any market right now because the opportunity to invest is when the market is in a correction phase and not when the market is rallying. ETH is not a substitute to Bitcoin, please do not make me laugh Grin

.

carrigan

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I think October is a good month for Bitcoin, while Altcoins are still trailing behind. I don't mean to discourage your hopes for Altcoins, but this is just an opinion. If it's true that Altcoins skyrocketed in October, I will choose ETH and some altcoins that are often trending in the market because usually these coins have a good chance.Moreover, ETH was once advertised as a substitute for Bitcoin because of its good performance, but in fact it wasn't because of that.

Sebas.tian

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Quote

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?

This is the season of massive earning from ethereum,for those who really understood the strategies to predict the favourable altcoin in the market. Ethereum is the best to invest in this month of October because there are many signs traders are experiencing from the market that show before the end of this week, ethereum will be leading in the exchange market among other cryptocurrencies.

molsewid

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Quote from: michellee on October 24, 2021, 04:40:25 AM

I hope that will not just happen for the altcoin but with bitcoin too as bitcoin price shows a good movement this month. And if the altcoin season can come along with bitcoin, that will be great news because we will make a big profit from both bitcoin and altcoin. But seeing what altcoin get in this month, I am not sure that could happen as this month is almost the end so maybe the next month could be a good time for an altcoin to increase. Some altcoins have already increased slowly but it is still hard to predict if the altcoin will start the rally.

The month of October were only 6 days left before it ends and based on what I have observe the altcoin market currently some altcoin are made it's way to pump some are not. I don't think so that this month will be for alts because bitcoin dominates the month with a significant increase in market price. No one can actually say when will be the month for alts to happen. the market was so volatile and unpredictable but I do hope that before the year ends we could see significant movements for alts too because it would be beneficial for many of us.

bamb

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Quote from: JeromeTash on October 23, 2021, 03:09:33 PM

Not trying to discourage you but people starting to follow altcoins right now should be a little careful. The Best time to look at altcoins was in January this year, a Fortnite after it Bitcoin surpassed the previous all-time high of 20K.

The second-best time was any day in 2020 before going past the 20K mark.

Lots of people are waiting for the altcoin season, but it began a long time ago. Look at these stats

Some coins have already gone past 1000% in returns since January

I sort of agree with your opinion, altcoin rally started long time ago, precisely in January. Look at Etc price from $4 to more than $100 before correction to $50 range. Decred is also another 1000 x and many L2 coin like Matic, avax, bnb, kcc etc. The bull market circle is driven by bitcoin and bitcoin is testing new ATH!

michellee

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I hope that will not just happen for the altcoin but with bitcoin too as bitcoin price shows a good movement this month. And if the altcoin season can come along with bitcoin, that will be great news because we will make a big profit from both bitcoin and altcoin. But seeing what altcoin get in this month, I am not sure that could happen as this month is almost the end so maybe the next month could be a good time for an altcoin to increase. Some altcoins have already increased slowly but it is still hard to predict if the altcoin will start the rally.

YOSHIE

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In my assessment, the impact of changes to crypto in October is not so great, there is a certain reason for that, maybe some crypto has the potential to be good in boosting prices in the market.

If you compare crypto 2017 and 2021, there is a big difference, let's say something like this: in the past crypto could be counted only a few, say 100 types of crypto, but not now, maybe more thousands of crypto types, investors are also like that they only focus on a few cryptos, such as Bitcoin and Ethereum as well as several others, not much, very slim possibility for other Altcoin prices to skyrocket.

Exception: cryptos made by the richest entrepreneurs can skyrocket in price, because they themselves adopt all these cryptos, there is no need to wait for outside investors to do so, For this reason, in October, only a few cryptos have skyrocketed, they could be crypto sultans.

zaesvlas

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I think it largely depends on the situation with the diseases. Now the next wave, while you don't even know what to expect.

blatchcorn

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Quote from: JeromeTash on October 23, 2021, 03:09:33 PM

Not trying to discourage you but people starting to follow altcoins right now should be a little careful. The Best time to look at altcoins was in January this year, a Fortnite after it Bitcoin surpassed the previous all-time high of 20K.

The second-best time was any day in 2020 before going past the 20K mark.

Lots of people are waiting for the altcoin season, but it began a long time ago. Look at these stats

Some coins have already gone past 1000% in returns since January

Nodoubt best time to buy alt n btc was in January but still we have lots of reasonable time to buy alts and btc at dip. Whenever we have dip people start selling or refrain from buying but they do buy when coins are at there ATH. Market is taking correction, btc and eth are still at very high price and that's the primary reason why most alts are also near ATH. So it's not a good time to buy.
Oct may become good for alts provided btc remain above 60k.

Mauser

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I also think that October is a strong month for alt coins. With hindsight this was probably the turning point that moved us into the next rally. We will likely see more price increases in November and December but not as strong as this month. There are a few fundamental things that drive prices higher. First of all the corona pandemic seems contained, international travelling is possible again. For example we can travel now to USA again without a special permit. This should give an economic boost for the hotel and leisure sector. The second factor behind a strong crypto market is the rising inflation. We still have very low interest rate and need to find a way to invest our money. Saving in a bank account is no option anymore, the only real alternatives left are cryptos, stocks or commodities. However most investors already hold stocks and commodities, that leaves cryptos as the only real opportunity to diversify our money. And the last big fundamental factor for cryptos is the general acceptance of crypto currencies. This year so many new people got interested in the world of cryptos, its awesome. More new investors means also more new projects. Who would have thought a few years ago that even my 90 year old grand mother has heard of Bitcoins by now.

ashmodeus

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well , i didn't notice NWC have a big move like that , i know NWC when kucoin have a trading NWC competition, i guess its just short hype token, damn i was wrong. about this month, well this is bitcoin month, i just think the real alt season about december, i mean for small caps.

tbct_mt2

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October won't be the season for altcoins. They need to see Bitcoin season and after Bitcoin completes its season, it will be the turn for altcoins and their season.

Bitcoin altcoin season index. The index shows that it is a Bitcoin season. Altcoins have to wait for theirs but if you are holding altcoins, you can keep holding them.

OrangeII

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I have the same hopes for the coins you mentioned, especially polygon because I think that the potential for polygons is as great as BNB. other things, I also have high hopes on BNB, and SOL. if the bull market arrives at the end of this month, I think the price increase of the popular altcoins will also come into the moon.

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