What's in For Altcoins after the Halving? - page 2.

AnonBitCoiner

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Quote from: oktana on April 25, 2024, 07:34:40 PM

I’m not even sure when it is starting anymore but like I normally say, that’s the advantage of holding long term. Because you just know it that whenever the time comes, you will be among the happy people. It doesn’t feel like it’ll be happening soon though, just hodl what you have in patience.

Long term holding is beneficial because during market downturn you will not be at risk as you will have time to hold more and whenever the market is in your favor you can sell your asset in order to get advantage. Remember that holding will minimise your loss but selling immediately due to fear will become a cause of dropping.

Patience is the only key that will help you to reach your destination by holding firm and decide to sell when you think that now is the best time to take your profit. But it does not mean that you will hold forever because sometimes your coins will reach the peak and if you wait more then there is a possibility that after missing the chance you will have to wait for more years.

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

I think it's the best to wait and see more about the behaviour of BTC after halving. BTC is performing very ambiguously after halving has occured and I haven't seen this in past. You can invest a small amount into the altcoins just for a huge bull run but don't spend too much of your assets into any coin right now not even BTC.

It's safe to invest into any altcoins if you're planning for a long term investment option but if you're looking for some good profits over a shorter period of time then I'll advise you to wait a little and see further how the market behaves.

Essential10

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

Do you think the journey is over before bitcoin halving, I think the big journey is just beginning. I don't want to just rely on speculation whether altcoins rally will start now or not. When bitcoin starts rallying altcoins are going to start rallying, even before the halving I saw that when bitcoin started rallying altcoins started rallying lower and higher. At present it is very difficult to predict how much impact altcoins will have if the bitcoin rally does not start although I can see some altcoins growing. Looking at this year's situation, I think that when Bitcoin starts to move, altcoins can start to move.

Silberman

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

Bitcoin bull run has not really come to an end, this is just a small correction which is quite common after the halving, altcoins for the most part do not have the strength to start anything on their own, so they need for the bull run to get to such high levels that people are incredibly excited about it, a set of circumstances that will make many traders to look for alternatives to make even more money, and that is when altcoins could skyrocket, but we are still very far away from reaching that point.

oktana

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I’m not even sure when it is starting anymore but like I normally say, that’s the advantage of holding long term. Because you just know it that whenever the time comes, you will be among the happy people. It doesn’t feel like it’ll be happening soon though, just hodl what you have in patience.

Mate2237

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

I will take the latter to the former because altcoins follow the movement of Bitcoin and right now Bitcoin is $64k and struggling to move upward. So I will advise you trade normally as before because except Bitcoin altcoins are just stagnant in movement and there is no hope for rising anytime soon. As for Ethereum we say his All Time High in the month of February but base on the congestion facing the network, the movement just slow down.

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

Have there been many changes? My portfolio hasn't changed too significantly yet. Moreover, the development of altcoins will usually be very dependent on the development of Bitcoin prices. So, that will make us probably wait for some time for the development of Bitcoin itself. Yes, keep calm down even though the halving is over and we hope that things will turn out to be extraordinary.

But this is indeed much better than a few days before having it. It was quite sad to see my portfolio really drop quite a lot. And of course, this is just the beginning. We are facing something big. Of course, that will enable us to make certain decisions regarding what to do and when to be able to take maximum profits. That could be something to consider.

doomloop

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Quote from: Bureau on April 23, 2024, 02:52:17 AM

Quote from: jrrsparkles on April 23, 2024, 02:22:50 AM

Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.

The transaction fees on the Bitcoin network are insanely high and I do not think anyone can make small payments now. The Ordinals have again started spamming the network causing congestion and an increase in fees. Altcoins are following the Bitcoin price path and it seems they will move in the same manner for some time now. If Bitcoin goes up they follow it, if it goes down they also go down there nothing else happening.

Small payments are still possible but of course as long as you are willing to pay the transaction fees, however I know that it is seems it doesn't make sense for a poor person to do that but for a rich people, the amount that we think is huge are still small for them. So, it was the ordinals are responsible for the rise in fees?

I thought it was because of the halving like what other people are saying? But maybe you are right because halving is not like this before. Alts and BTC are moving all together. This is not new and I think it will be like this forever. Halving had occurred in April 19, so the OP supposed to know already if what happened to altcoins or even to BTC.

redsun114

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Since altcoins tend to follow the movements of Bitcoin and whether Bitcoin drops or goes up, altcoins will do the same as well, and we know that based on historical charts and events, Bitcoin tends to go up after the halving event, and if that happens, there is no doubt altcoins will go up as well because the bull run isn't for Bitcoin alone but it is for the whole market because they all move in the same direction most of the time.

I know that altcoins weren't following the pace of Bitcoin earlier when Bitcoin went straight up to hit a new all-time high but that doesn't mean they would do the same. So, I'm optimistic that altcoins will perform exceptionally as soon as Bitcoin starts going up, so we should be prepared for one hell of a ride.

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Quote from: jrrsparkles on April 23, 2024, 02:22:50 AM

Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.

The transaction fees on the Bitcoin network are insanely high and I do not think anyone can make small payments now. The Ordinals have again started spamming the network causing congestion and an increase in fees. Altcoins are following the Bitcoin price path and it seems they will move in the same manner for some time now. If Bitcoin goes up they follow it, if it goes down they also go down there nothing else happening.

jrrsparkles

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.

VicManton

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Quote from: Volimack on April 23, 2024, 02:06:46 AM

After the halving the market is in pretty good shape with bitcoin doing well among the altcoins Eth and BNB. A little research should be done to understand the volatility in the market, then it will be easy to understand the positions of the market and know the ups and downs of currencies. Everything must be done according to plan to avoid investment risk.

We talking about altcoins generally and not even a particular altcoin.

VicManton

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Quote from: btc78 on April 22, 2024, 04:37:05 PM

Quote from: VicManton on April 21, 2024, 08:22:59 AM

Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

The altcoins will only experience a high after bitcoin has. After all, it is thanks to bitcoin that altcoins will be getting more and more investors. It is because they trust bitcoin so much they are now willing to look beyond and invest in others as well.

During this time there’s a chance that many altcoins will have a surge in price with new investors buying a lot of different coins. You still should be careful because not all altcoins will have success even after bitcoin’s.

That is succinct and the last statement said it all, everyone needs to be careful with the altcoins in the space even after the halving.

Volimack

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After the halving the market is in pretty good shape with bitcoin doing well among the altcoins Eth and BNB. A little research should be done to understand the volatility in the market, then it will be easy to understand the positions of the market and know the ups and downs of currencies. Everything must be done according to plan to avoid investment risk.

VicManton

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Quote from: JeffBrad12 on April 21, 2024, 08:57:25 AM

its really no way to determine when the altcoin rally gonna come, usually its when bitcoin is also rallying, remember that halving doesn't mean instant price increase.
there's time needed for it to take effect and make big rally in the future just like how the past chart were illustrating about the state of bitcoin in previous bullrun.
altcoin as far as I know could be having big rally literally anytime, it doesn't need to wait for bitcoin to make big rally first but having big rally coming from bitcoin to make the market sentiment rather bullish does indeed help as a catalyst that could make altcoin season coming faster.
its just that there are so many factors need to be taken into account, as far as I know, even right now some coin are already doing great.

Okay, so we should not just be too optimistic or too expectant from the halving because it is mentioned everywhere and the normal things still holds just that things can happen faster now that it is halved.

btc78

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

The altcoins will only experience a high after bitcoin has. After all, it is thanks to bitcoin that altcoins will be getting more and more investors. It is because they trust bitcoin so much they are now willing to look beyond and invest in others as well.

During this time there’s a chance that many altcoins will have a surge in price with new investors buying a lot of different coins. You still should be careful because not all altcoins will have success even after bitcoin’s.

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Quote from: R100K-Martin-Lunger on April 22, 2024, 02:52:32 PM

I think it is too early, even for Bitcoin. The alt season will start once Bitcoin soars post-halving, which can happen in a few days or months. While no one can tell how things will progress, I would suggest keeping a diverse portfolio and watching out for high-performing altcoins so you can invest in them and keep your investment risks minimal.

The market is not friendly to anyone and these investors knows how to plan the market following their principles. Altcoins also dominates the market and they have their specific seasons to pump. It's been one of the important status to know when to buy and sell in the market. Halving have come and go and we should expects the high ratio when it comes to volatility of bitcoin this season. Investors should always keep their positions ready to accumulates profits and be ready to know their weaknesses and strong grounds in the market.

R100K-Martin-Lunger

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I think it is too early, even for Bitcoin. The alt season will start once Bitcoin soars post-halving, which can happen in a few days or months. While no one can tell how things will progress, I would suggest keeping a diverse portfolio and watching out for high-performing altcoins so you can invest in them and keep your investment risks minimal.

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Quote from: VicManton on April 21, 2024, 08:22:59 AM

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it.

The Bitcoin momentum hasn't even started let alone gone down. That push up we saw before halving wasn't a part of the expectation for this circle. Nobody expected Bitcoin would rally that high before halving. It was the first time Bitcoin broke its own record before a halving event. So, I won't count whatever dip we're experiencing now as momentum going down. Bitcoin is yet to start. Although I'm of the opinion, occasioned by historical data, that there's a dip coming after halving. We're yet to run into that dip now. On that, it will be a wise thing for anyone buying Bitcoin to be doing that on DCA so they can have more liquidity to get more quantity.

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Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

Nah! Alts rally is far from starting. Don't look at Bitcoin price to judge this thing. Rather, look at Bitcoin dominance to gauge it. Currently, the dominance of Bitcoin stands at over 50%. There's no way alts will push up when Bitcoin is at that level.

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Quote from: batang_bitcoin on April 21, 2024, 07:37:47 PM

Quote from: Adbitco on April 21, 2024, 07:29:45 PM

Before you starts thinking of altcoin don't you think you have to focused on bitcoin before altcoin

Many of them ignores that important part of this halving. It's all about Bitcoin for this halving but since this is a scattered market where there's the distribution and impact from Bitcoin, they're all thinking of something that will rise up eventually or all of a sudden through altcoins that they're holding. They all want to hear what they want to hear but if it's about our suggestions about Bitcoin, they don't want to listen to anybody and they're pushing to what they think will prosper them, I have no problem with that but if they want to listen, then listen.

But true must be told about altcoin you can't mention and expect altcoin to soar without bitcoin rallying up and making progress. We can say all manner of things about altcoin but they all still depends on increase and changes of bitcoin to make progress in terms of price surge and whatever and again they have also forgotten that whatever news be it negative or positives news that quickly affects bitcoin surely affects altcoin and it's naturally and can't be changed since bitcoin is the market mover while other altcoin follows accordingly.

Topic: What's in For Altcoins after the Halving? - page 2. (Read 508 times)