Topic: What is happening to altcoins in this bull season - page 3. (Read 723 times)
I think altcoin will be fly like bitcoin. Even altcoins are pumping and the result the market vol. Is increasing day by day. People are more interested in altcoin . They get more profit with a short period. In this bullrun altcoins will also run with bitcoin
From my experience altcoin season is not coming yet, altcoin season usually comes after bitcoin bullish season finiahed then many bitcoin holder will cash out or playing with his bitcoin. Yhen yhey pump the altcoin so they can get more hitcoon. Only few altcoin will survive. Maybe sovryn is one of them.
I think this is the right time for alt season now, we're now in alt season , bitcoin recover from its dump last time and as we can see some coins now recovered but some aren't so let us wait, altcoins will pump now this happen every year during end of Q1 to Q2 altcoin pumps, better to see the charts as well, by now the most improving coin is BNB maybe because of its bsc that's why it is hype now. 2017's bull run is too different from the bull run that we have right now. Shitcoins wouldn't rise again because investors have learned to trust potential coins only so online good coins are pumping these days. Most of us have learned from the previous bull run and we all know what to trust and where to invest so I guess this year isn't for shit coins anymore because most investors are wiser this time.
but the truth is that there are still plenty of people following the hype of the new, fast-moving altcoins in the market. many complain of being caught up in these investments or trades. but hopefully, the project will last long.as a whole, this market investors already understand how to choose investment assets that have a very small scam risk. but interest in new assets is inevitable. New assets always offer fast trading and profits in a short period of time.
2017's bull run is too different from the bull run that we have right now. Shitcoins wouldn't rise again because investors have learned to trust potential coins only so online good coins are pumping these days. Most of us have learned from the previous bull run and we all know what to trust and where to invest so I guess this year isn't for shit coins anymore because most investors are wiser this time.
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
Don't compare the situation we have this year to the past, for the reason that we are changing by now. People are learning from past experience, developers also enhancing their projects. If we could see, there are no such hypes last 2017 that it happens this time. That is a huge factor that we are not going to see an altcoins bear season rather than seeing only potential coins do the rally accompanied to the Bitcoin spike. If we are not seeing again those days, I don't think we feel bad, that much better than being caught with the trap.
I think that whenever Bitcoin decides to move, many other altcoins follow within it's footsteps. A lot of people can't seem to quite grasp this concept and it is a real debacle when you think about it. Bitcoin is the founding coin and is the strength and support that other cryptocurrencies need to thrive. SO to be honest, in a sense, Bitcoins life directly effects that of other coins, eventually some coins do break off and go in theri own directions, regardless of Bitcoins influence, which in this case is very heavy.
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
Analysts say there are strong signs that the altcoin season is just beginning.
They give the Average Directional Index as the most obvious sign that the altcoin season has not yet begun. ADX is a trend measurement tool that also includes two lines with a directional pointer.
The ADX indicator has dropped below 20, which suggests that the prevailing trend is over and a new trend is emerging.
At the same time, the red DMI has completed a bearish crossover, signaling that sellers already have control - or in this case, altcoins will take over Bitcoin.
some of the top market altcoins have got another ATH. some altcoins are gaining popularity like DOT. some new tokens are also getting a good pump after some development. such as CATT, AME, and ARCS.
Most of the altcoins on the market during this bull market this year are really well-positioned.
Most of the altcoins on the market during this bull market this year are really well-positioned.
I always believe after bitcoin got it bullrun season, there would be bull season for altcoin following. Bitcoin bull season is a time where we can invite many new adopters which would learn about crypto world more. So, I believe 2021 would be a good year for altcoin. Besides, it won't be interesting without altcoin movement isn't it?. Many new technologies arise and project compete to be the best in utility. They're trying to be the solution of nowadays issues. 2021 would be interesting year, no doubt about that.
I do not get how people do not realize what is going on with the alts during the whole year, like they have increased insanely over course of past 500 days or so, and people are thinking just the recent weeks or something? Because reality is that if you check on dollar value, bnb was about 20 dollars or so, it reached to 340 dollars, that is 17x increase in dollar value, how could you say that altcoins are not doing anything?
ETH was around 140 dollars or so and right now that is 11x higher, and there are tons of others that I could name right now but I really do not want to create a whole lost, go to coinmarketcap and check the past 1 year and you will see how much they increased as well. Most altcoins increased as much as bitcoin and some increased even more as well. This is why I think it is obvious that we already had an alt season and anyone who didn't see that would be expecting something that will not come.
ETH was around 140 dollars or so and right now that is 11x higher, and there are tons of others that I could name right now but I really do not want to create a whole lost, go to coinmarketcap and check the past 1 year and you will see how much they increased as well. Most altcoins increased as much as bitcoin and some increased even more as well. This is why I think it is obvious that we already had an alt season and anyone who didn't see that would be expecting something that will not come.
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.I believe you guys are focusing too much on altcoin value in BTC and not on Fiat(USD). Most the altcoins reach/surpass already there all time high in fiat value. You need to consider too the quantity of altcoins existing nowadays compared during 2017. There is a lot of coin to be pump that's why the percentage of price growth is very limited compared on 2017.
From my experience altcoin season is not coming yet, altcoin season usually comes after bitcoin bullish season finiahed then many bitcoin holder will cash out or playing with his bitcoin. Yhen yhey pump the altcoin so they can get more hitcoon. Only few altcoin will survive. Maybe sovryn is one of them.
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
Maybe bitcoin isn't stopped yet to take a break from its bullish rally and that's why altcoins aren't pumping. Also, alt season might not happend if there aren't so many newbies who are getting themselves into fomo to buy any shitcoins and do mistakes. As previous alt season was happened because some users did mistakes and pump every altcoins being into fomo and the same type of users are needed to enjoy alt season in 2021. TBH, number of that type of users aren't in huge numbers and we're just on the mini alt season. So, wait for those to do mistakes so that we can enjoy the alt season. 
Ethereum is an altcoin and just like Bitcoin it has hit above it's previous ath, the thing is, the BTC bull isn't reflecting on lower altcoins like it was in 2017 cause there was prolly more influx of investors in the altcoin network back then, investors made pretty easy money from ICO's and the rest, all those factors caused altcoins to rally high with Bitcoin.
Having said that, atm, it's a pretty much different thing in the network, investors are wary of altcoins cause of how prevalent scam is, all these have reduced the community of investors for most altcoins, so as Bitcoin spikes, only good altcoins like ethereum can follow it's rise.
Having said that, atm, it's a pretty much different thing in the network, investors are wary of altcoins cause of how prevalent scam is, all these have reduced the community of investors for most altcoins, so as Bitcoin spikes, only good altcoins like ethereum can follow it's rise.
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
That's exactly what had been discussed earlier this bullrun period, let's explain from the aspect of demand and supply factor, in the recent time there is higher demand in Bitcoin by so many newly developed institutions thereby causing high spike in Bitcoin price all the time, far back to 2017 bullrun, every coins follows up the bullrun, because whales and other Market manipulators finds a way of making alot of profit by pumping smaller coins, but this case of current bullrun, markets are strictly affected by demand and supply, and Bitcoin experience most of the market factors. copper member
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We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.I believe you guys are focusing too much on altcoin value in BTC and not on Fiat(USD). Most the altcoins reach/surpass already there all time high in fiat value. You need to consider too the quantity of altcoins existing nowadays compared during 2017. There is a lot of coin to be pump that's why the percentage of price growth is very limited compared on 2017.
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.
Just like I predicted, many projects won't benefits from bitcoin bullrun because they don't solve any problem in crypto space and their coins and tokens aren't adopted, also investors know understand why they must accumulate strong tokens and coins only, don't expected any pump if you are holding shitcoins
We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
Have you watched the whole trend in the past 2 Months? If not then try to look at the good altcoins, almost all of them made their new all time high and that’s good because they are following the trend of Bitcoin.You have to understand that not all altcoins are good and equally created, some just design in this market but those with a real service and product will always go up and follow the market trend. Bull market in 2017 and compare in 2021 are totally different, let’s not compare it that much.
What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.
True, People can earn more benefits from the defi and they can also use NFT as their collection. The majority of defi and NFT already got the momentum. The bitcoin bull season is also pushing them so hard to reach the new ATH. The majority of NFT and defi project already gained more than 3x from the ico price. That's crazy and even some NFT like flow gained more than 200x ROI.
That's proven how crazy the bullrun that is happening right now.
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