Topic: When Alt Season Thread - page 2. (Read 719 times)

Look 2017 BTC charts, BTC dominance charts, Altcoin charts in the same period.

2017 had 2 BTC drops before altseason:

1) 30% drop second week of January

2) 30% drop 3 first weeks of March

I don't even need to tell you what happened after that.

On the contrary, the market is not disappointing if the altcoin longterm holder don't invest when the market was at its last ATH price and after doing some research about the altcoin market I see that some altcoin has already made another new ATH which is quite not disappointing but I think we are too haste for the altcoin market to shoot up with BTC while the major investors (institutions) only focus on BTC market.

It is really getting disappointing for longterm altcoin holders because their hopes and expectattions are still not met even after years of wait but personally i am hopeful that the real altseason will be here around march-april this year.

Yes,,, as soon as ETH reached $1000 again you can say altseason already started. As usual, thanks to Bitcoin which is now about $700B in total market cap. The 1 Trillion including alts will for sure make all of alts rally now, even XRP is going crazy with all the hype.

As you say, short lived only though. Make the best of it.

I'm afraid altseason can only come if the Bitcoin price stabilizes without a huge correction and panic sell after the bubble bursts.
Right now, everyone is watching Bitcoin's price rise. When it starts to fall strong, everyone will flee the market and the alts will start falling as well. Only if the correction gonna be small and the Bitcoin price stabilizes, people will start looking for a Bitcoin follower among the alts.

I still have mine because they are not a disturb in my folio so i will just let them seat for a while , and besides My profit from the Bull market is more than enough to cover their presence .
How i Wish it will come that time , and Hope you'll prediction is correct.

I don't think that the recent ETH pump is a sign of a coming altcoin season. Institutional investors could be interested in Ethereum, but I just don't see how they can be interested in shitcoins like bcash, bsv, any of those supposed "Ethereum killers", or some obscure coins. And retail investors are just following institutional investors right now. There's no "blockchain technology" hype this time, there is only Bitcoin the hedge against inflation hype.

wanna share which altcoins are those now in your Portfolio ? maybe sharing here won't cost you something ?
or you have no really invested and just Lurking around here .
So 30-50% dump from Bitcoin price ? Please share your Magic Ball for more compliance .

Litecoin seems to be Cheaper but promising this year , i would certainly agree with this.

No such thing. 
I already trashed my alts that are pure garbage.

Yeah, maybe we will die from expectations. I would rather buy the expensive ones that have a chance to increase in value.
BNB maybe or LTC. I can't afford BTC and ETH anymore.

It starts in March, after BTC 30~50% dump.

Check out qwizzie’s posts itt.  Alt season starts when altcoins outperform BTC at the market.  We are currently seeing a BTC dominated market when holding BTC is much better than holding alts cos you gain more buying power.  The reverse is true during alt season cos your alts could gain you more value in BTC.

https://www.blockchaincenter.net/altcoin-season-index/

^  Good to check and look at from time to time...  Thanks qwizzie.

I think it is not starting already, but ethereum show the power to increase and hit up to $1,000. It is a good sign for the other altcoin to growing as what ethereum did. We can hope that the altcoin season will start in the next week, so we will see what coins that can follow ethereum to increase to the high price. Watch your altcoins guys, hopefully, your coins can be the next coins that can increase.

Well Even XRP is Rising now does this mean Altcoin season is coming or starting ? 

No kidding , Litecoin and Ethereum is Leading the Altcoin crusade to take that Season again , while Bitcoin is strongly dominating the market up to now.

The last altcoin season take Place because Bitcoin starts falling but the scenario now are far different from that .

So before the Altcoin finally had it's season is the Institutional investors and big companies invest on them as well .

I think a lot of Altcoins eventhough increasingly profiting from the Bitcoin price rise are still severly surpressed against btc value. They are basically at the bottom there and i do not see Altcoin Season happening, untill this starts changing for most of these Altcoins. In order to get this change to occur, i think Bitcoin price need to have a considerable correction (blow-off top, followed by a long period of finding the bottom, reconfirming the bottom, stabilizing its price). I think this correction will only occur, when Bitcoin reach a higher RSI on the monthly charts, higher then its current RSI 86.26

I suspect RSI to grow max 10 percentage points (86-96), before that Bitcoin price correction / price blow-off top starts materializing on the monthly chart.


Source : tradingview.com

I think that will start a diversification process from Bitcoin whales towards Altcoins, ultimately triggering an Altcoin Season. Current RSI of Bitcoin price is close to previous large corrections,
but is not there yet. The higher that RSI gets, the higher the risk of a severe correction occurring. Always remember with every pump comes a dump and the higher the pump, the higher the dump.
Just looking at the % Down from ATH, for most Altcoins there is still immense potential for explosive price growth :


Source : messari.io

^^Starting? I mean ethereum went up about 10 times in the past 1 year, what do you really want from an alt season? I get that some people want alt season and I like that too, but how do you consider 10x increase NOT alt season? All crypto currencies went up in the past 1 year, I love the return on investment I had so far and if it stops and drops right now, I would consider this last 1 year as the greatest year I had in all of crypto and I have been around longer than most people.

I would love to suggest you to take a look at any coin you want on coinmarketcap, open it up, check 1 year ago price and today's price and see what the situation is like, more often than not, except for a few rare ones, all coins have done AT LEAST 5x return this year. This is why I believe alt season has already started, and it is probably going to end soon, you reached the end, not the start.

I think it’s starting guys...  Alts up by a lot vs USD and trending vs BTC.  Here’s the thing tho...  Most alts price rises are usually short lived.  Good luck on your picks.



^  Rofl.  Red ballz.

This will not happen if everyone waits for the altcoin season. If more fear than bull anticipation begins to dominate the market, the altseason will begin.

In my opinion it did but not as big as before, obviously the late 2020 period we see the mass growth of altcoins and now I think it is coming again, maybe i think that there will be more waves of altcoins but will go with the price of bitcoin.

alt season will start when dominance of btc hit 70%
i think it will fall until 60% when alt season finish

Theres already altcoin season this year already though it was not like 2017 where the major investors are the regular enthusiast but this current bullish market major investors are the institutions and some private bodies and their main focus/investment are on Bitcoin. However, that doesnt mean altcoin wont reach new ATH.