Booms are common in the financial markets, it's not really a shocking thing that we will have one more. We should be used to it by now and think that it could happen one way or another. I believe that we are going to end up with some profit eventually and should be something that would make a profit.
I can see already that the next boom is growing right now, it doesn't happen overnight but it looks like it's quick. Because, people do not see this current period is part of the bull run or boom, this is a right moment to buy because we are accumulating and that's the start of the market and should be considered something that would make sense on the long run and could be making some sort of profit in the end.
Topic: Will there be a boom again? - page 2. (Read 1036 times)
In 2016 when I was a kid, this coin got in stuck in my mind but absolutely everyone around me was telling me to forget it, it's scam, it's online shit
I don't think we can blame them for looking out for you especially when the internet has so many scams and when someone brings you something that relates to it then they get defensive about it...but against all odds good to see you went with your gut feeling and stuck around! As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one?
Just so you know, the halving is something that has a positive bearing on price but unfortunately the impact isn't immediate!!If you don't mind buying and waiting a couple of weeks to months then by all means do invest in some BTC.
In 2016 when I was a kid, this coin got in stuck in my mind but absolutely everyone around me was telling me to forget it, it's scam, it's online shit
I don't think we can blame them for looking out for you especially when the internet has so many scams and when someone brings you something that relates to it then they get defensive about it...but against all odds good to see you went with your gut feeling and stuck around! As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one?
Just so you know, the halving is something that has a positive bearing on price but unfortunately the impact isn't immediate!!If you don't mind buying and waiting a couple of weeks to months then by all means do invest in some BTC.
As of which one to go with, well they say don't put all your eggs in one basket and it will be prudent to minimise risk by diversification but you could go with a 70% investment in BTC and 30% investment in Altcoins.
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
Yes, when bitcoin crashes, not all altcoins will disappear, but most of them will disappear, you can easily see that during the last bear season and in previous bear seasons.
Many altcoin projects have disappeared or have not developed for a long time. Do you still see topcoins like NEM, EOS, LISK...? They were once potential altcoins and were expected to replace ETH.
The discussion is about bitcoin and altcoins, I don't think there is anything to do with politics and de-dollarization here. I really don't understand what you are talking about. I just want to say that there is nothing wrong if someone just wants to invest in bitcoin and say no to altcoins.
Yes, some altcoins will bring better profits than bitcoin but high profits come with high risks, everything has its price so investing in altcoins is considered gambling rather than investing. I'm not against throwing money at altcoins but spending should only be a small portion and should be limited even if it brings higher returns. Don't just think about the profits we will gain but also think about what we will lose when talking about altcoins. Bitcoin is always the best choice.
or get if you do stick with bitcoin but i dont say that you should not put up on bitcoin for you to hold for long. It is really that more important that bigger percentage of your portfolio should be in Bitcoin and the rest would really be on your selection of altcoins which you do believe that it would really be having the potential that could really be able to rise its price on upcoming bull run.The most important thing on here is that you should really be just investing on the amount which you can afford to lose and never ever consider yourself on having that all in kind of investing or something that you are making use of the money which are supposedly to be used on emergencies, education,food and whatever important expenses on which a certain person could have.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
I would guess there would be some that would crash and never recover so we could say "some" will disappear, but in the sense that FTT and Luna are gone now, technically speaking they do exist, you could still find places to buy them if you want to, it is possible, but could you really imagine them as existing, I consider them as gone.They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
There would be some like that, where it goes down and it is not going to come back, that's probably going to be the case for many of them. Aside from that, I agree with the rest, no matter how much bitcoin drops, alts will drop that much or even a little bit more, and no matter how much bitcoin goes up, same will happen with altcoins as well. That's how both works together in sync.
I think BTC will pump in the next 2-3 years, so why not invest 200usdt now?
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
Yes, when bitcoin crashes, not all altcoins will disappear, but most of them will disappear, you can easily see that during the last bear season and in previous bear seasons.
Many altcoin projects have disappeared or have not developed for a long time. Do you still see topcoins like NEM, EOS, LISK...? They were once potential altcoins and were expected to replace ETH.
The discussion is about bitcoin and altcoins, I don't think there is anything to do with politics and de-dollarization here. I really don't understand what you are talking about. I just want to say that there is nothing wrong if someone just wants to invest in bitcoin and say no to altcoins.
Yes, some altcoins will bring better profits than bitcoin but high profits come with high risks, everything has its price so investing in altcoins is considered gambling rather than investing. I'm not against throwing money at altcoins but spending should only be a small portion and should be limited even if it brings higher returns. Don't just think about the profits we will gain but also think about what we will lose when talking about altcoins. Bitcoin is always the best choice.
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
Yes, when bitcoin crashes, not all altcoins will disappear, but most of them will disappear, you can easily see that during the last bear season and in previous bear seasons.
Many altcoin projects have disappeared or have not developed for a long time. Do you still see topcoins like NEM, EOS, LISK...? They were once potential altcoins and were expected to replace ETH.
The discussion is about bitcoin and altcoins, I don't think there is anything to do with politics and de-dollarization here. I really don't understand what you are talking about. I just want to say that there is nothing wrong if someone just wants to invest in bitcoin and say no to altcoins.
Yes, some altcoins will bring better profits than bitcoin but high profits come with high risks, everything has its price so investing in altcoins is considered gambling rather than investing. I'm not against throwing money at altcoins but spending should only be a small portion and should be limited even if it brings higher returns. Don't just think about the profits we will gain but also think about what we will lose when talking about altcoins. Bitcoin is always the best choice.
Sometimes, or even probably always, when there is a bull run, altcoins have more upside potential than bitcoin. Of course the top coins are constantly changing, but the same NEM, EOS or LISK in their season gave much more profit than bitcoin. But altcoins are a lottery and if we talk about the reliability of investments, then of course it is better to choose bitcoin.
Looking at the reality now seems quite difficult, Bitcoin is very influential there are all Altcoins in the market and even though it is the top altcoin it is still below Bitcoin. The rise may be more significant but let's see how long the rise lasts.
Of course, it depends on the state of Bitcoin, when Bitcoin Sideway and Bitcoin dominance decreases, it becomes a golden opportunity for Altcoin price recovery, but soon after that Bitcoin will return to strength and leave Altcoin alone.
Long-term investment of course Bitcoin is the first choice, but I also have a second option, ETH as my second investment.
ETH always follows the price of Bitcoin and this also provides great profit potential when Bitcoin's new ATH is reached.
let's see how Bitcoin Vs Altcoins perform
https://www.blockchaincenter.net/en/altcoin-season-index/
OP if there's going to be another boom I don't think it will be by this time that we're having this slow movement of Bitcoin price, maybe it might come in by the end of October. Some traders are really hoping to see it move up to at least $27k but for almost 2 weeks now the price hasn't left $26. What seems to be the cause of BTC price not going up and not coming down either?
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
Yes, when bitcoin crashes, not all altcoins will disappear, but most of them will disappear, you can easily see that during the last bear season and in previous bear seasons.
Many altcoin projects have disappeared or have not developed for a long time. Do you still see topcoins like NEM, EOS, LISK...? They were once potential altcoins and were expected to replace ETH.
The discussion is about bitcoin and altcoins, I don't think there is anything to do with politics and de-dollarization here. I really don't understand what you are talking about. I just want to say that there is nothing wrong if someone just wants to invest in bitcoin and say no to altcoins.
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
Yes, when bitcoin crashes, not all altcoins will disappear, but most of them will disappear, you can easily see that during the last bear season and in previous bear seasons.
Many altcoin projects have disappeared or have not developed for a long time. Do you still see topcoins like NEM, EOS, LISK...? They were once potential altcoins and were expected to replace ETH.
The discussion is about bitcoin and altcoins, I don't think there is anything to do with politics and de-dollarization here. I really don't understand what you are talking about. I just want to say that there is nothing wrong if someone just wants to invest in bitcoin and say no to altcoins.
[...] Not all altcoins are worthy of investing and during this season bitcoin is the most assured investment for anyone.
There's always an ALT season and a BTC season. Choosing BTC is indeed a wise option, but the dominance of BTC and the dominance of ALT coins will always fluctuate as the entire crypto community seizes opportunities.The all-time highs (ATH) of Ethereum and Bitcoin occurred simultaneously, in November 2021. This indicates that crypto adoption has truly captured widespread attention. It's not just Bitcoin that felt the impact; several altcoins also experienced a bull run concurrently with Bitcoin's bull run.
While it's impossible to predict what will happen in the next halving event, for now, all types of ALT assets in the top 10 are not a bad investment. BTC, however, should secure a larger portion for long-term needs.
As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one?
It is no ruse that halving and bull run are running side by side and from what you have observed and read about having, it helps price increase for almost all cryptocurrency but at the end some altcoins will never rise and some will dump at the end but bitcoin is stronger during that time. So investing in bitcoin will be a good decision but don't invest all the savings you have on it. Invest reasonably so that you don't get yourself out of cash.
Not all altcoins are worthy of investing and during this season bitcoin is the most assured investment for anyone.
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
Altcoins will disappear after Bitcoin crash? No.
They will also crash with it? Yes.
I have been hearing a word called de-dollarization to be taking place and it will be replaced by some other real world currency as a chief reserve currency for making worldwide transactions because the inflation that has gone out of US' hands will make dollar stressed out at some point and it will see the worst crash in its index and will be worth nothing till US clears up some part of its debts. I think this will give boost to the value of btc against USD but remember, if USD goes weak against btc and all real world currencies too, then that increase will be worth nothing because it is not going to give you any profits if you come from another country and its currency becomes stronger against the dollar, for example the entire Europe.
Looking at the past trends, it is obvious that after a prolonged market correction, the price increases considerably from ATH and touches a new ATH. Yes, there are chances that BTC will touch new ATH in the coming years. Chances are that the price will increase after BTC halving next year. I suggest you not invest all your money in Bitcoin. Try to increase your portfolio and invest in some potential altcoins, i.e. ETH, DOGE, SOL, MATIC, etc. Invest some part of your savings into the crypto market, and use the remaining for your day-to-day expenses. Do your research before deciding because it's your savings that are at stake, so be cautious.
Why should we not invest all our money in bitcoin but part of it in altcoins? Are you talking about diversification? Do you think investing in altcoins will reduce our risk? While all altcoins are dependent on the movement of bitcoin. Even if bitcoin crashes, all altcoins will disappear, the market will not exist without bitcoin. Investing in altcoins is not bad because many altcoins give better returns than bitcoin but there is nothing wrong if someone believes only in bitcoin, which is the safest coin in the market.
The crypto market is generally volatile even if the value of the currency goes down it is certain that it will go up again after a while just wait for a long time. Bitcoin is undoubtedly the most popular crypto currency in the crypto market but many more such coins are in circulation. Bitcoin's closest competitors include Ethereum, Tether, Binance Coin. This competition in cryptocurrencies is good for investors it cannot skyrocket in value. But in the case of bitcoin it has become so popular that it has an opportunity to stay ahead of rival currencies. Rival currencies rise in price depending on the value of bitcoin but along with bitcoin its currencies are good for investment.
By its development bitcoin is volatile. The same is being loved by majority of the people. Whenever there is fall in price, it gets followed by bullish market. So, all that required to stay strong and profit is through holding with patience. We were able to see stabilized move in the market for a long term within specific price range. We can't specify those mentioned as closely competing ones considering the market of bitcoin. These are networks that follow the market trend of bitcoin. When bitcoin turns bullish, the same can be experienced with these mentioned altcoins. These days the expectation on bitcoin is high connective to the upcoming halving. Considering the same it is good to invest the excess fund into bitcoin than the daily life fund. 
The crypto market is generally volatile even if the value of the currency goes down it is certain that it will go up again after a while just wait for a long time. Bitcoin is undoubtedly the most popular crypto currency in the crypto market but many more such coins are in circulation. Bitcoin's closest competitors include Ethereum, Tether, Binance Coin. This competition in cryptocurrencies is good for investors it cannot skyrocket in value. But in the case of bitcoin it has become so popular that it has an opportunity to stay ahead of rival currencies. Rival currencies rise in price depending on the value of bitcoin but along with bitcoin its currencies are good for investment.
Looking at the past trends, it is obvious that after a prolonged market correction, the price increases considerably from ATH and touches a new ATH. Yes, there are chances that BTC will touch new ATH in the coming years. Chances are that the price will increase after BTC halving next year. I suggest you not invest all your money in Bitcoin. Try to increase your portfolio and invest in some potential altcoins, i.e. ETH, DOGE, SOL, MATIC, etc. Invest some part of your savings into the crypto market, and use the remaining for your day-to-day expenses. Do your research before deciding because it's your savings that are at stake, so be cautious.
If you mean the "boom" is another ATH, then make faith in it as it certainly comes someday.
But don't think about it always as it affects your mindset and patience, some people get bored waiting and lose their faith, then miss the ATH again. We don't have to do that as our experience helps us to realize our wrongdoings in the past that we need to correct now. If we have faith in crypto and believe there is another BOOM, therefore, we must show courage and patience as well otherwise, we're not changing our style and behavior.
We cannot 100% convince people that ATH is certain. There is no certainty about ATH, but it is possible for one reason or another. Halving can increase the demand for bitcoin in the market because investors will take advantage of the moment to get a return on their investment, but miners will also expect higher values after the halving.But don't think about it always as it affects your mindset and patience, some people get bored waiting and lose their faith, then miss the ATH again. We don't have to do that as our experience helps us to realize our wrongdoings in the past that we need to correct now. If we have faith in crypto and believe there is another BOOM, therefore, we must show courage and patience as well otherwise, we're not changing our style and behavior.
Bitcoin is already booming due to the fact that bitcoin has been known in various countries so far. If it is about price, then I think they will just have to wait until demand increases which in turn could push prices higher.
It will. Why else we are here for if we don't expect Bitcoin price to have another all-time high eh? All-time high will happen again because there are many people who still believe in the purpose and usage of Bitcoin and the generational wealth it can offer to normal people. In fact there are large amount of people who aren't aware yet of BTC. If those people learned how BTC works, then more supply or more liquidity would be generated in the marketplace which would make the price to go higher. Ideally a new all-time high when the conditions in the world gone right. Less wars, less pandemic, just a booming economy.
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