Bitcoin Forum

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

Yeah, what did you expect - that institutional investors will jump on the hype train of some obscure projects that have nothing to show except for marketing materials and promises of revolutionary technologies? 2017 altcoin season was driven by retailers, this time retailers are focused on BTC, because that's were the action is. And altcoins have lost their novelty factor, they are already old news, we already have years of performance data, and it's not looking good - alts don't do well in the long run, while Bitcoin does.

I'm not buying this point at all, all big money are pouring into altcoins and yet BNB turned 300$, all whales favour bitcoin accepted but polkadot grows over 1100% gains already, are you seeing avalanche? Neo? Compound? Bro the list goes on and on, a 1000% gain is a altcoins season for me

Another pump and dump scheme coin?
All of those coin you mentioned above is due to green market affected of Bitcoin bullish season.

I'm looking forward if Bitcoin will crash soon, does those coin will still goes pump like now? If yes, it's altcoin season, if not... like I said it just because of Bitcoin bullish.

Seriously, didn't you watch the market? the majority of top coins have been getting more than 10x from the last year price and is not that enough?
I just wanna tell you that if you should take a look at the market again. It's true if intitutional was aiming to invest in bitcoin but that will give a domino impact to the whole of crypto market.
Bitcoin bullish will be making altcoin to get the bullish trend too. I think that you don't understand how the trend is working right now dude

Every year there are changes, the way to play is also different, you have to learn it from experts and investors.

Because in 2021 there were too many altcoins so not all altcoins were focused by investors, only certain altcoins were pumped.

Indeed this time the trick is a little different from the year 2017 has passed, where Bitcoin skyrocketed Altcoins took part, not this time, but that's for sure, just wait for the play date, the important thing is you are still committed to what you have, don't change channels if you believe in Altcoin, it will happen, just see.

Investors are now focusing on big bulls, small ones will be bombed too, just the timing isn't right.

If you think that money continues to flow only in bitcoins then that is wrong, then what's the point of having altcoins in this industry? Altcoins are an alternative investment besides bitcoin, altcoins are easy for anyone to reach, altcoins are a complement to bitcoin, altcoins can sometimes be profitable and vice versa. the fact is that when bitcoin goes up it can affect the prices of other top altcoins too.

maybe,You can see the current market situation that the altcoin pump is always on.
share a little story, in April 2020 I planned to buy BTC for $ 7000, and with limited capital I finally chose another option and invested in ETH for $ 170.So my main capital was $ 1000 and I only used $ 850 and got 5 ETH . and who would have thought in 2021 I get thousands of dollars selling 5 ETH. even if compared to the current price 1 ETH is more than enough to cover my initial capital.

What do you mean? haven't you seen the meteoric rise of Ethereum as well? Or ADA? Or Polkadot? or even BNB? Time has change, even if bitcoin's dominance reaches $60% or higher, still altcoin market can be in the bull run as well. And then we have the whole defi as well, billions of dollars are being lock for staking. So I guess you need to look and investigate further before you claim that we will not see a year of the altcoins.

Of course I have seen the meteoric rise of some altcoins, I am invested in a few myself and have made great profit.
But this uptrend is stalling right now and new money is needed to sustain this rise.
But at least for the moment it seems that the big guys have chosen bitcoin. I myself hope it will change with coins like XLM, but I admit I have my doubts.

Some alts already shows x3-x10, even big ones. There always will be some money for alts

^ Definitely right, with the recent spike of BTC also altcoins do the same. I don't think traders or holders did not get profit on that, we know when BTC rises and altcoin will automatically follow. However, there is nothing wrong if investors will pour all their investment into BTC since altcoin will also have benefits on this. Just like ETH, do you think they don't grow altogether with other altcoins? Nevertheless, I don't have any comments on altcoins that have a pump and dump price, like what happened on DOGEcoin and XRP. But organically growth just because of BTC pump, there is, look at LTC.

it meant one thing they want you to sell your altcoins. there are some besides ETH, a handful of them will make you rich still. i have been holding more than a lot of these altcoins for years and i saw them pumped before BTC hit $40k. there are more defi projects that just rise more than 10x, we didn't even heard of them but they were listed on CMC and can only be bought at uniswap which you will need more than $100 for a fee.

to be precise for altcoin only seasonality, they will not last long. altcoin will go up if all investors want to take a break from bitcoin. whereas the fact is that currently institutions, investors are still focused and channeling all their funds to bitcoin. So I agree that altcoin is only based on the hustle and bustle of the market which gets the impact when the institutions and investors are bored waiting for bitcoin.

Maybe you neglected to see the increasing price of some altcoins. Don't focus on shitcoins because you can't see them moving.

Anyway,
I know that many people are so tired of waiting for their altcoins to move high and seeing Bitcoin will give them some hopes but unfortunately, it gives no chance that their coins remain stuck. I was also having some (shit) altcoins and it was accepted for me that it doesn't have any room for this new ATH happening in crypto now.  

How about Grayscale opening up ETH Trust and other alts https://decrypt.co/55881/grayscale-new-crypto-trusts
Try to take a look at the charts. More than half of the top 50 altcoins are outperforming BTC.

This statement still confirms that money are also flowing into altcoins as opposed to the point of Tekunda.

The money trickles down from BTC since there are investors and traders buying altcoins in the hopes of increasing their bitcoin.

It's too early for us to conclude that it isn't a year for altcoins because the year has just started and there are still lots of things that are yet to happen. Yes, Bitcoin is on top right now and nothing can beat it but top coins are also striking high. Lucky are those who have chosen potential coins while it's still cheap because some of those coins have reached a good price these days.

no altcoin years? well maybe that's precisely for altcoin every certain period. based on HYPE which is being developed. so everyone started spending their portfolio in bitcoin. But it cannot be denied that altcoin have a special place for us. To be honest, as small traders we can't reach the bitcoin price, so the funds we have are often invested in altcoin. even then, we have to look at the various sources and the potential for a very good altcoin. has good credibility and is managed by a professional team.

I thought the same till last month as I predicted, people would be just exchanging between bitcoin and stable coins. But luckily, I was not right. Many altcoins have already achieved their new all time high along with bitcoin. The first few months, the bull growth was limited to bitcoin but at the moment, some coins are rising even more prominently than bitcoin.

You are not making any sense, it's certain that crypto price will crash at any time soon but what matters the most is making profit out of these altcoins or bitcoin itself, why would I want to hold on to a coin that has given me over 1000 percentage of profit? it doesn't make any sense just take your profit and be happy with it rise and fall is ceetain crypto space

Altcoins will always rely on BTC gains and they are just too tempting not to try your luck with. Everyone can read the graphs and see big potentials in quick buck from altcoin pumps. Why you think casinos are one of the most profitable businesses, because people are addicted to gambling and making quick gains.

when bitcoin rallies altcoin also rallies it's been proven, like the year 2017 and mid-2018 is the year of crypto currency, and this year also, don't just look at the price, you miss out on the big development happening in altcoins, like polkadot and more, when you also look at the price since bitcoin price goes up slowly altcoins positions going up if you look at the coins who are up to during 2017 they are also up this year so alt season already happens.

Judging from the development and interest in the market,altcoin cannot be the same as bitcoin and also factors like this condition prefer bitcoin without reducing risk..

The market is showing light to altcoin as well at this moment, and not only to Bitcoin. BNB as an example is now breaking new records, SLP and the new ones in this industry are also filled with green marks. There is no year for Altcoin alone and I guess same thing will go with Bitcoin. There's no year wherein it is only Bitcoin having a price increase. One is somewhat, not directly, linked with one another. The reason behind this, is that the market movement influences cryptos, not every crypto, and not one crypto alone. Also, price increase depends on the project or platform. A coin won't move upward if the platform is faulty or is not showing that potential.

That sounds like if you are feeling skeptical about that while the altcoin season already happened. It sounds very strange for me to see what you are saying as nothing happens with altcoins.
The reality has been proving the opposite thing dude. The majority of coins even shitcoins were pumped.
This time the bull trend is a bit different because the whole market gives a positive reaction.

Sigh! Human being and their unending desires, honestly what more do people want right now? All top altcoins have already surging higher than before, most have reach a new ATH already, if you aren't in profits at this time you are holding shitcoins

;D looks like something big is on the cards for bitcoin because earlier today CEO of binance was also talking in a similar fashion and he also thinks that btc price can grow to one million but in that case alts will be big too so no worries and enjoy the ride.

Money keep going into Bitcoin accepted,  but altcoins are able to get this far because of Bitcoin and presently I believe bitcoin is still very bullish so there are still chances that bitcoin is still going higher which makes more room for better growths on altcoins, I believe altcoin season is already here

As I know, some ALTcoins have reached ATH fast. I think we will approach the altseason, but not this month or next month although most of the altcoins are increasing X5 - X10. Almost 2 years we're in bad times. I believe altseason will be launched 2 -3 months from now.

It depends on the Altcoins you are holding,  if none of the Altcoins you are holding are showing good sign then you are holding shitcoins all along, it's not too late you can sell now and buy better coins I recommend top altcoins like polkadot or chainlink

Altcoins still bring a huge profit, the size of which can not be compared with the profit received from the BTC hodl. But big business understands that such investments are more risky than investing in bitcoin. But when institutional investors can assess the size of the potential profit with risks, they will start investing in altcoins.

I agree that money is pouring in bitcoin but don't ignore that a lot of altcoins are also moving up. Don't just ignore that BNB, Ethereum, and other altcoins are also getting into the bull run as well.

Probably, we won't.

But this time, it's obviously the season of crypto - bitcoin and alts.

This is not the actual fact. The altcoins are also moving with bitcoin and many of them are also giving very good returns. If your altcoins are not moving, it means you are holding the coins which do not have any value and may not increase forever. You need to be in the coins which have good fundamentals and active ongoing projects.

As always when bitcoin is moving you will not see much action in the altcoins. But as soon as bitcoin take a breather we see altcoins pumping to maximum. Bitcoin is still in price discovery mode, as soon as it stabilizes, i am sure you will see much better return in altcoins also.

It is obvious that alt season already happened, and we can say it is still happening as well. During the same period you could have buy BNB or Dot or Doge or many many other coins and you would still be making a ton of profit right now. Which is why I think I can say that alts are doing awesome, not all money goes to bitcoin, there are so many coins right now that are getting attention, there are even new ones that are getting a lot of attention.

I love the defi world and checking them constantly and I can tell you that there are actually new things that still get a lot of money, the other day some defi project collected 5000 bnb for their pre-sale which means they mined coins beforehand and sold it, normally pre-mine is a horrible horrible thing for these coins and obviously that didn't stopped people investing 5000 bnb for that new project. Which is why I can tell you that alts are still getting a lot of money.

Well, let's hope that the investors, who feel that bitcoin has become too expensive, discover altcoins as an altetnative and pump their money into those coins like XLM, AAVE, Cardano, XDC, Vechain etc.
IMHO I believe that 2021 is the decisive year to show us wich direction the altcoin market will be going.
Since I am heavily invested in altcoins, there is nothing wrong with the altcoin market as a whole starting to trend up like crazy.

Altcoins have been growing in price throughout 2020 and reached incredible heights, and as you can see, many altcoins continue to grow in price and reach new heights, for example, Ethereum or Binance Coin, so not all investors invest only in bitcoin, also, many big investors invest in various altcoins, so in 2020 a lot of altcoins brought a very good profit and in 2021 altcoins are also moving towards new goals and provide an opportunity to make money for investors.

Here you are generalizing all the altcoins, and that should not be the case ideally. Some of the alts, such as Cardano and BNB are doing well, along with some of the newer coins such as Polkadot and Chainlink. But look at the established coins such as Ethereum, Ripple, Litecoin and Bitcoin Cash. All of them have gone down in exchange rate versus Bitcoin, when compared to the levels we had in 2020.

yes, that's the uniqueness of altcoins in this cryptoqurrency space, sometimes they can make us get big profits and sometimes vice versa. people just think that altcoins are junk coins and they only need bitcoins. but in fact I don't agree with that, because we can see for ourselves that there are still many altcoins out there that have great potential, they can pump more than 3x, one of which is the new deFi coin. In this regard, in the objective of investing, of course, everyone wants to get a good profit, not just focusing on one place. If there really is a coin option out there that we think is worthy, why not give it a try?

Alt season already occured, ETH reached it's new ATH, ADA reached $1, BNB grew up to almost $340 recently and some altcoins and new DeFi projects grew multiple times. There are a lot of people especially early holders had gained a lot of money from this. The bull market seems to be longer compared to the bull market, which is why we must be cautious on investing due to hype and FOMO, once the market crashes this will be a huge market correction.

This is normal in my opinion, because very few of the countless projects that launch different altcoins really have any value behind their ideas. There are alts that achieve a serious percentage increase in their value, but in general there are few that are supported in the long run by their creators and teams.

Very wrong a lot coins already reach old ATH from end of 2017. A lot cons will still reach it. A lot coins were a very bad ICO or just totally useless and will not reach ATH from 2017 when they invested heavily in their promotion. But that dont mean there is no alt season going on right now. Alt season is here for months already and will only get stronger.

maybe he only focused on bitcoin and after seeing the current rise in bitcoin, he just thought that the increase in bitcoin could not affect the price of other altcoins. the reality is that altcoin season has arrived earlier this year, there are a lot of altcoins pumping higher than we thought. even if someone were to hold the project coins that were generated from the bounty of 2017 and still hold them to this day then they can get huge profits eg CHSB etc.

Most of those holders from 2017 they already sold their coins when the gas and other fee became higher and start buying again when they see the graph market that all coins are increasing and never stop it's bull run if a normal people and doesn't have any information which coins going to be pump or dump then he will definitely sell and not going to hold for that long people are always settings there goal to reach their profit once a year or maybe a month if they into trading but most of people doesn't have knowledge or skill on trading that's why they choose to hold their investment and just waiting to earn profit from it.

This is highly expected cus the said institutions only recognize bitcoin as the real crypto currency and also a store of value, the rest altcoins are nothing but side projects and utility coins and tokens which on a normal circumstance, was not created for investment purposes but for utilizing in the individual businesses there are create for, and we all also know that the risk involved in investing in altcoins are way more higher than the risk involved in investing in bitcoin, so I believe the institutions with big money will rather play it safe than risking on altcoins that might disappear tomorrow.

he didn't even visit CMC may be to see the fact that is still happening right now when the money that was pouring into the bitcoin has been giving a massive increase to the altcoins.
it looks very strange to see that consider the altcoin season already happened a few months ago. He doesn't get the correlation between altcoin and bitcoin in the crypto market.
Bitcoin's having a very strong impact to determine the trend of altcoins.
I think he was missing something from the market. Some people may don't care about that and he was only taking the good news that happened with bitcoin as a reason why altcoin should not increase.

Perhaps that time will still come but even now some altcoins are doing really well, the only difference between now and previous bull season is that everything use to pump (literally every alts in the market) but in this present time only some selected alts has done really well so far.
Although, right now btv is the main focus, almost all the new money coming in are for btc, alts can only hope to get small part of that.

If you are not aware of that is happening now, then you might say that there's no altcoins season.

The altcoins season now is different compared to the past, shitcoins are now anymore pumping, mostly major altcoins are pumping and that's what we are witnessing now, it's sad to admit that I still have a lot of altcoins sleeping until now but I can already see that this is the altcoins people are waiting.

So much is happening right now both to BTC and other alt- coins, if you are aware with the situation of things in the crypto market you will know that it's not only BTC that's getting lot of Investors, but the only reason why the one of BTC is so loud is because the kind of coin BTC is. The so called big players are investing big time on it, and has they are doing that so also for other altcoins too. I was aware of some big companies investing heavily into ETH few days ago. They said they have seen a lot of potentials in it. And they have also promised to invest into BNB too cause the coin is really going up. I think it has gone up for more than 1000% now. That's what Investors are looking for.

I do not think that.  Market capitalization poured into speculation is huge.  But it's almost the same in 2017, the bitcoin cap this year accounts for 60% of the total market cap, when bitcoin reaches a net worth of 1,000 billion some altcoins also generate ATH when pumped from the defi compatibility boom like  BNB (~ 273%), ADA (more than ~ 1000%), Dot (~ 525%).  As bitcoin takes the lead this year, the numbers show that alt has also exploded.  Now,just 2 months, I think even better uptrend will be the March journey.

It has been like this forever, it has been the same story for bulls everytime infact it is good that we have the experience and knowledge now to forecast market trends and movements so it is great for a calm investor like me because i know after btc fully peak then we will get the real alt parabola which will change the financials for many individuals and believe me their are still many 100x plus potential coins out there.

I never believed that there's year of the altcoins actually since mostly it just follows the pattern that BTC does. Well from my observation lately in CMC site for all the coins though some are independently increasing by themselves, but still.
It's like when Bitcoin dumps/crashes, it goes worse for altcoins since it is pretty much panic selling for some investors.

It's not independent if they just follow the movement of bitcoin, maybe there are some coins that still pump despite bitcoin is dumping but in general, the altcoins market always follow with bitcoins movement, just like what we are seeing to the same CMC, bitcoin is down and so as most of the altcoins.

as we can see in https://coinmarketcap.com/... majority of the altcoins are down.

Bnb was pumped due to Ethereum fee being too high and insane for retailers, they decided to buy bnb rather than eth, it's not like any big financial institutions invested in all these altcoins you mentioned , bitcoin is the real deal without any doubt, I believe everyone knows this already, if bitcoin didn't pump insanely there's no way bnb would pump to $300 easily and that fast, just make profits off those coins you are holding now, the altcoin season is still in doubt not sure we are having one now, all focus is still on bitcoin reaching the $100k target.

Since the fourth quarter of last year and especially this year, many altcoins have risen in value many times more than bitcoin. Therefore, it is hardly worth considering that the altcoin season will not come this year. For many potential types of cryptocurrencies, it has long been around.
Bitcoin will not constantly continue to rise in value this year. This is the nature of cryptocurrency. And after that, capital will surely flow from bitcoins to altcoins. It's just a matter of time.

Yeah, alts have been pumping alongside with bitcoin like doubled or even more, that's rare sighting in stock market and people still complain altcoin season not coming, it's either their standard of altcoin season is when alt go up thousands percent or they never see the market regularly. It's silly to be honest.

Big funds are already selling btc for alts. Im really not sure about this statement

As bitcoin minimalist, i dont believe why people so much keep investing big money in Bitcoin only, many altcoin offering something more beautiful as a project.
I still believe that altcoin will have some spike again and bigger than before.

Well what do we expect? That all these alts will simply and automatically join in the bandwagon? Unfortunately, Bitcoin is just one of many coins. And just because Bitcoin went to the top means that other will do the same. Well, it does not work like that. Anyway, we just have to be very careful in the projects that we join and supported since by being knowledgeable with the project and always up to date with the workings, then you will be able to strategize if you will sell your coin or buy more.

Just have to wait until the BTC comes calm. When these big moves every day don't make ALts for bull run. But some institutions are interesting on some of ALTS too. So if we get in to those ALTs , hopefully it will be ended up with profit.

mate, bitcoin price will not always up wich mean a corrections will come such as now, because of that i believe when the corrections coming investors will try to find an alternate of bitcoin to drop their money buddy, and altcoins is the answer, then when bitcoin growing back altcoins will follow, thats my opinion

Bitcoin is a more trusted asset, so many investors buy only it. Some altcoins are difficult to understand or too volatile and unstable to buy it, so big companies like MicroStrategy and others don`t buy it, or buy small quantity, so we don`t see such great growth among altcoins like it`s with BTC. Anyway, sooner or later, investors will discover altcoins, because they provide a lot of useful and prospective technologies, which Bitcoin can`t suggest

Investing in altcoins is difficult, and so is timing the market but you will be lucky to get a 2x with Bitcoin. Microcaps like ALCX and 0xMR can easily 200x.

The reason for something like that is the fact that the price for bitcoin altcoin didn't changed that much whereas bitcoin price versus fiat changed a lot which made the altcoins go up a lot more. So, let's say there is a coin that is 0.1 bitcoin per altcoin, when bitcoin was 10k that means this coin was 1k as well, and when bitcoin becomes 40k that means this coin will be 4000 dollars as well, that is the deal.

There are small changes, it doesn't become exactly the same for long time but it will definitely have some sort of similarity because of this. I am going to go out on a limb and say that we are going to end up with something much better when bitcoin goes back up, if bitcoin reaches 60k, we are going to see eth 2000+  and BNB on 400+ and ada on 2+ dollar, those are prices that could happen when bitcoin price changes to 60k+ dollars.

Yes, that is right. Bitcoin prices will be up and down many times, and we saw this happen this week. But that will be our chances to buy low and sell high as the price can drop deeper so we can get that chance. The corrections will be the best time for us to buy bitcoin, but we must analyze to find a good time to buy. The investor will also buy altcoin besides bitcoin, but we do not know if they hold the altcoin for a long time or not. If they know that the altcoin follows the bitcoin price, they will not hold altcoins for a long time, and they will sell their altcoins once the price increase two times the price they bought.

That's not true in my opinion. I mean of course in the mainstream media that only covers crypto when there is a massive bullrun or dump you only read about BTC.
I made some small investemns with FIAT in August into altcoins, mainly into new projects and even now that the market is dropping a bit im still at x75.
If i would have invested in BTC in august i would be at x4 now.

Let's have a vision first for bitcoin @ $100k first before thinking about even $1M. Although that was just your example through the altcoins pumping/dumping.
But as you see, it's all red. Altcoins are in red so bitcoin is. They are only going whichever way bitcoin is heading. And this time, it's about the weak hands are probably being pushed out.

I'm sure no one knows exactly what results we will see at the end of this year. Bitcoin, as it was, will remain the trendsetter of the entire crypto movement, because very interested people believe in it, who simply will not let BTC fall very low.

Further, Ethereum looks attractive for large infusions due to its versatility. And only then we can talk about other altcoins, which are also evaluated according to the degree of usefulness of the projects. Therefore, Bitcoin will grow first, followed by other coins.

Bitcoin will not continue to rise in value for a whole year. There will be breaks. Therefore, altcoins will still find time for their good price growth. In addition, it cannot be said that altcoins are not growing now. Many promising altcoins already have gains of hundreds of percent. In addition, we cannot predict for sure the price movement of the cryptocurrency market. In the meantime, we can say that there are no serious obstacles to the further price growth of our cryptocurrencies.

The biggest investment pouring through the bitcoin then divided into altcoins. Still, Bitcoin doesn't hit 10 times higher than the last ATH 19k. So many altcoins prices are up 10 times and some top altcoins. The future of new altcoins will be more unpredictable if bitcoin price has reached one million.

I agree, nobody knows when and how much shitcoin will be pumping. People make speculations all the time but the actual fact is we have no idea. I personally believe this current bull run is gonna unpredictable and yet more altcoins are waiting to explore.

It is true that all institutions this year are more focused on investing in Bitcoin, but that does not mean no year of altcoins coming.
Because if the Bitcoin price goes up, there will definitely be an increase in several altcoins. Try to pay attention to the data on coinmarketcap,
some of the top altcoins rose to reach the new ATH. Such as ETH, ADA, DOT and BNB. There will always be investors interested in altcoins,
so there's no need to wait for the Bitcoin price to go up to $ 1 M to see the year of the altcoins.

It seems you only focus in bitcoin and not the altcoins.. Have you already check the market? the altcoins were pumping and some of the altcoins were reached the all time high, the alt season was occurred but now the altcoins were decreasing so I guess the bullish trend is over, I don't know if we witness again the bullish market this year.

I will always believe that if Bitcoin goes bullish, altcoin follows. Though there is most probably a delay in the happening but it often happens. so no, Altcoin will be doing well as long as BTC is doing well

Don't be too quick to be fallacious on your conclusion that there won't be an alt season. That's not going to happen.. Every bull run has always culminated in an alts season which normally begins when the former ends. At the moment, Bitcoin is still enjoying its moment of glory as price keeps breaking new highs. That isn't to say, anyway, that a few altcoins haven't been enjoying great price movements alongside Bitcoin.

- Perhaps the altcoins he is holding are not increasing as expected while bitcoin is still rising, which makes him believe that the money is only focusing on bitcoin, instead of altcoins. Theoretically, this is quite true but he forgets that bitcoin is the bridge to help the altcoin go up, so a rise in value of bitcoin will create altcoin value but if bitcoin is stopped, altcoins will not have a new breakthrough. But certainly the opportunities for the altcoin will be uneven when the potential is very important, when we have chosen a potential altcoin, the altcoin season is always coming to us and vice versa.

Yeah, this may well can come up to be right but i do not see one million btc coming this cycle and in my opinion around 200k btc could be the peak and then the real altseason but i could be wrong and next peak can be significantly higher, it depends on a lot of factors so we cannot predict precisely.

I agree to that, aside from xrp who didn't reached the last time high, most of the coin inside top 10 are already peaking up

https://i.imgur.com/pPi46wg.jpg

might some corrections now, after the massive pumped.

Indeed, when the voting of bitcoin has increased significantly with bitcoin domination of more than 70% then we will see that altcoins will be very easily dumped even though bitcoin at that time has increased,
 but if you say the altcoin season is not coming ?? you try to check altcoin prices now and look at the graph for these 3 months. You can see that the altcoin has gone up a lot and hit a new ATH.

The main thing should be on the bitcoin as bitcoin will be determining what chart will be facing by the market. Bitcoin bull will give a widely affect. The market will be bullish and more money go to the crypto. Bitcoin is always giving a domino effect when it was getting pumped. The fact that if altcoin can't leave from the bitcoin's domination. OP is only feeling skeptical about altcoin but he doesn't understand about the relationship between bitcoin and altcoins. There will always be a year for altcoin.

Bitcoin dominance will continue to influence the altcoin market. The strong influence of bitcoins that makes altcoins also follows how bitcoin continues to move either in a pump or a dump.
I've seen the situation in early 2020. when bitcoin got a pump but none of the altcoins followed what bitcoin was doing. strong dominance and investor confidence regarding the new project which is declining all divert their money into bitcoin.
but the current trend seems different. and we have to understand how this market actually works. altcoins respond to market trends that bitcoin creates. and although not all I think most altcoins have gotten a good pump.

This is because bitcoin enjoys great trust among investors and is considered the safest investment. For this reason, when there is a rapid increase in the price of BTC, many traders sell altcoins and invest their capital in bitcoin, which entails an even greater decrease in the price of altcoins.

Every investor wants their invested money to be safe, so they want to increase their investment in Bitcoin without taking too much risk in altcoin. Investors are becoming more attracted to Bitcoin than other altcoins due to past bad experiences.

As a result of which we have already seen the rise in the price of Bitcoin, the dominance of Bitcoin is increasing. However, many altcoins are performing well enough in the current market, which may attract more investors to invest in altcoin in the future.

I am not so sure because the altcoin market is also moving up then the domination of BTC is only 60% lower than the last bull which is above 70%.
at least for this time if btc goes up then alt also goes up.


actually many people have invested in altcoins, it's just that the numbers are less than btc.

Unfortunately you are right, I wouldn't want it to be true and I would rather only the good coins get the money but you are right, shitcoins get pumped all the time and we never know which one will be pumped next. Why am I against those coins pumping? Because, we are talking about money that could be spent on great coins to go up a little instead of a small coin going up a lot, people think a shitcoin going up 100% is more profitable than a good coin going up 10% but reality is that they pump tens of those bad coins so instead of tens of those coins, we could pump just one decent coin and make profit from that.

Unfortunately that money is wasted on those small bad ones, it could have been a lot better on great things. In the end we are not going to see this stopping anytime soon, people make way too much money from it to stop doing that.

Alt-coin also experience a good run this year and we still have more months so we could wait for more pumps this year not just for Bitcoin but also for alt-coin.
Just look at how high ETH and other alt-coin increased ETH also had a new record for it's ATH this year so we couldn't really say that there is no year of alt-coin or alt-coin season.

I think investing in Bitcoin is the safest and most profitable of all cryptocurrency. And that's why investors are investing their money in Bitcoin. Because bitcoin is the king of cryptocurrency.
However, it cannot be said that altcoins have stopped. The prices of BNB, ETH, DOT etc altcoins have increased several times.

Because all altcoins revolve around bitcoin, so when bitcoin rises in price and altcoins rise together.
Bitcoin is the king of the cryptocurrency market and all altcoins are dependent on bitcoin, if bitcoin has good momentum, altcoins will flourish.

thats a long year of waiting if the only way for altcoins to bloom is when btc reach 1 million dollars  .
 altcoin hodlers are going to get tired of waiting for that golden event to happen and they will definetly sold out thier alts and join the bitcoin bandwagon  but why wait forever anyway when you can earn right away upon investing in bitcoin .
  it all started with btc and it will going to end with btc  . sorry my fellow altcoins

True, but the reason why I'm investing in altcoins is so I can buy more BTC. If I make the right call (and nowadays, in this bullrun, it's pretty easy), my gains will be much higher then when I put it all in BTC. I'm just riding the waves.

But yeah, in the end, Bitcoin always wins.

I think that the fundamental of altcoins will be affecting whether altcoin can follow the bullish trend that already created by bitcoin or not. in fact that this time bitcoin is bullish again but there are lots of altcoins with no fundamental can't follow up the bullish trend that already happened with bitcoin.
People will be pumping only the coin that can be used as speculation.
The result will be going back to the how good the development progress that already created.

Yes, right. because if bitcoin continues to experience an increase, what is clear is that alt owners will flock to exchange their assets into bitcoin. it is precisely this factor that causes the alt price to fall

We used to watch how Bitcoin price flatuates actively and good thing it impresses us, impresses new investors and huge name personality in the world of real business but what have we also watched happening in altcoin was a total opposite of bitcoin. Though we may see it rising but not like bitcoin. However, there is also a good thing happens to altcoin whenever bitcoin price gets up, and also happen to altcoin too, it does gets a green arrow indication but maybe we were going to wait for a quite long time before we can say that this yeaf is for altcoin finally.

Everything you have to do now is wait for the BTC to cool down. When these big moves don't happen every day, it's time for a bull run. However, several institutions are still involved in ALTS. So, if we get into those ALTs, we should be able to make a profit.

I think that it's not only he but we should not even wait until bitcoin goes down. The year for altcoin is also happening at the same time with the time of bullish trend that happened with bitcoin. So many institutions were interesting to create partnership with so many legit projects that already developer useful product on altcoins.
That doesn't make sense to see the money was only going to the bitcoin and the money already spread to the all of the market in the crypto.

Altcoins still give us chances to make profits but eventually not all of them turns into bullish even if we always say when bitcoin goes up, altcoins will sure to follow. This year is still a good year for bitcoin and if this will continue to happen, potential altcoins will also be profitable. Altcoin's year will still be visible hopefully at the end of this year.

Agreed, this time not all the alts where able to perform like some of the alts that gave x10 and above to the investors, I think most of the Defi project pump and some few old projects like ada, Enjin,
This year bull run is mostly focus on btc, big corporations are investing heavily on btc which is why the price has not really done a huge crash.

many people estimate that bitcoin dominance is only in a short time when bitcoin was able to break its highest price some time ago but the fact is that now bitcoin dominance continues to persist and of course this greatly affects the movement of altcoin prices below it, many investors and traders buy BTC with using altcoin pairs such as BNB and also Eth and of course this has an impact on the increasing supply that occurs in altcoins, making altcoin prices seem reluctant to move higher.

Bitcoin will not go down at all. I see no reason to wait for something. There was a period when alcoins went down a bit, that's when it was necessary to buy some coins.

And if there is no recession for a long time, what can we expect? This year is completely different from the previous ones, therefore, despite attempts to predict what will happen next, it is better to keep an eye on the situation. But what is happening today can be radically different from what we will observe at the end of the year. Therefore, it is too early to draw conclusions.

I don’t know when, but for like a year now the price of some altcoins has been steady on rise, and some of them have broken their last ATH record. So let’s keep watching and see where it goes.

Although I used to think that the altcoins seasons has come and passed with the DeFi trend; if I’m right DeFi has been trending since last year and all know very well how most of the DeFi coins had a really huge run and reached high prices more than we all expected. Maybe that’s the ALTCOIN season you’re looking for , maybe it has happened. And right now what we have the Bitcoin season, a lot of investors are now investing in it. It goes in a circle.

I don't blame people for investing in Bitcoin only, not with the altcoins because whether we like it or not, Bitcoin will be the first choice to anyone who came in crypto and they think that they were never disappointed in the end. And absolutely they are not wrong with that beliefs.
Throwback to the 2017 event in which a lot of people are investing in ICO projects but unfortunately, they mostly suffered big losses as the dumps come quickly after Bullrun. And from that, they think that this will happen again and again, and that gives them a reason to stay away from altcoins but just to focus on Bitcoin alone.

- Well, trying to live with altcoins in the past, account drops by more than half are at least and most of the victims realized that the final destination of this market was still bitcoin, the altcoin only factors the crypto scene to become more harmonious around bitcoin, according to the statistics over the years there is really no outstanding year for altcoins. Psychology of not wanting loss leads to this result, instead of expressing dissatisfaction and frustration on this matter, we should still be happy when altcoin sublimation is relatively random, there is no need to be all at once, some emphasis is sufficient

I'm a bitcoin investor but as long as the bitcoin dominance won't go as high as 80%-100%. There's still money that goes to the altcoins market. The current bitcoin dominance is around 58.6% and the highest that I've seen was around 72% CMIIW.
Even the institutions are also betting in for some altcoins, only good altcoins.

There is a lot of money riding on altcoins but a great deal of the market cap that we see is fake, after all if a coin sells for 10 dollars and there is 10 million of those coins suddenly it seems as if the coin has 100 millions on market cap but when you take a look at the volume you see only a few hundreds of dollars are being exchanged each day and this is a clear indication the market cap is a bad metric to measure how much money is invested in altcoins at any given time.

BTW I got your fNFT tabas-II. :)

Oh, that's great! haha.
Going back, big money that goes in and big money that comes out. That's why if you're going to hear a story of someone that have invested a lot of money and got rekt, he's into altcoins.
Those pump and dump got them badly.

I think you are wrong, because in my opinion this is the year of cryptocurrency, so not only the price of Bitcoin increase very high, but the price of altcoin has also increase very high, because many altcoin have reached the new ATH price, so I think the price of altcoin is also moving like Bitcoin (increase very high) and I hope that the current market conditions will occur for a long time, so that we can get a lot of profit from investing in cryptocurrency.

During the period of bitcoin price growth since December last year, most altcoins have also appreciated well in price. Therefore, there is a prospect for the development of altcoins. Bitcoin will not continue to rise in value. After a while, all the same, its growth will stop, and then it is most likely that capital will begin to flow from bitcoins to altcoins. Therefore, I think that we will still see the altcoin season.

He/she not entirely wrong i suppose, When Bitcoin bulls happen some altcoin will remain stagnant or dumped since some traders, investor, whales, etc while pouring their money to Bitcoin but on current market Trend it's pioneered by DeFi which coming from Ethereum Network and from my opinion Bull Run Splitted between Bitcoin and Altcoin Especially with Smart Contract Like Ethereum, BSC, TRX, MATIC, etc. That alts reaching it's new ATH Which is a good sign for crypto market.

that event occurred when many people would follow the hype or rally carried out by bitcoin. Altcoin momentum will be created when bitcoin's dominance in the market begins to stabilize and the price will not experience rapid changes. moments like that altcoin momentum can get a pump.
we have seen a lot of bitcoin pump events on the market. and it happened that some brought altcoins in the pump and some left them at the bottom. this is tied to the dominance of trading in the market.

I always wonder what parameter to determine whether the current time is the year of altcoin or the altcoin season because I honestly think the meaning is truly relative to everyone, as you know the altcoins are already following bitcoin bullrun ever since and have gone up thousand if not hunder percent from its price in the previous year and many people still saying that the alt season hasn't come yet.
If what people means by altcoin is where there's no single altcoin that are dumping then that's a little bit too dreamy.

I don't completely agree with what you said, the claims you make are as if you say altcoins don't have a bright future. Indeed there are thousands of altcoins circulating in the market, but we can't say all altcoins are trash. Take a look at how the skyrocketing prices of ETHEREUM, BNB, POLKADOT, LTC and some other DEFI coin.
You need to underline, when the BITCOIN price jumps up, Altcoins will also follow the flow of bitcoin movements. There is nothing wrong with investors putting all their money in bitcoin, but most investors have profit lot from Altcoins.

you can see carefully and more clearly the market, it looks like you have to control the market now.
Don't you notice that a lot of altcoins like to have a big influence in the crypto world, they are worth and have a better price now.

But there is a very big difference between the kind of growth that we are seeing in altcoins and in bitcoin, the growth that we are seeing in the bitcoin market not only is very impressive but it is supported by huge corporations and rich individuals that are finally acknowledging that bitcoin is an asset that is going to be incredibly valuable in the future, but in the case of altcoins what we are seeing is nothing but hype and that hype cannot be sustained for the long term which means that sooner or later the altcoin market will crash.

This thread was posted last February, maybe altcoins has not pumped hard that time, but look at the top 10 altcoisn now, they are pumping and some of them have already made their new ATH and keep surpassing it. We ca also notice that BNB is close to $500 now and most likely $1000 is going to be easy as the bull run continues, so if there's no altcoin season, what we are witnessing now will not happen.

Based on my observation bitcoins dominance made a huge gap to altcoin when this pandemic happens but if we were looking back to the time where cryptocurrency was still new bitcoin already leads the cryptomarket. But the good thing about the huge investors appreciation to bitcoin was altcoins also been appreciated but the impact of appreciation of altcoin was not like as what on the bitcoin. We haven't experience yet the year of altcoins but this year I guess was a good year for cryptocurrencies.

Haha op was damn wrong when writing this in February. We must stop believing institutions are only interested in BTC. Moreover, even if it is undeniable that their impact on the market is powerful, they are not the only players.

Regarding altcoins, many are supported from their launch (or even their presale) by many (and powerful) investment funds.

Bitcoin is the king but the kingdom is vast!  ;)

I don't really agree with your opinion, it looks very clear if bitcoin is experiencing a tremendous bullrun, but altcoins are not inferior to bitcoin, for example BNB, ETH, DOT, and many other altcoins that have increased up to 10x.

Obviously the market already tells us that the altcoins season is already here, BTC dominance rate is already down to 54%, we have seen it down that low before, it's because major altcoisn are growing specially BNB, so I conclude that we are in the altcoins season already.

I agree a 1,000% gains in most altcoins is definitely an altcoin season. As you may notice, Bitcoin’s price range play between USD58k to USD60k. With my observation, when Bitcoin stopped increasing significantly, that’s the time that other coins will start to increase massively.

At the start of the bull run it seemed like bitcoin was going to get all the attention, but I guess we were all wrong, currently bitcoin is moving slowly while several altcoins having been causing some buzz in the market, bnb, trx, xrp and the rest, it feels like altcoin season have started already and I would also like to mention that bitcoin has dropped significantly, so the bull run is no longer about bitcoin anymore.

That is very noticing at first, the majority were pouring their money into Bitcoin but as it reaches the new ATH, they are looking for some gain potentials into altcoins. And apparently, they are not wrong with their decision, maybe some regrets neglecting to see it. But for those who start to accumulate them before the surge, they are much profitable now compared to Bitcoin.

Bitcoin dominance is still going down and now it is below 53% what it will be interesting to know is how low it could go, during the previous bull run we saw the bitcoin dominance dropping to the thirties, however I do not really see that happening now as the strength of institutional investors is simply too great and when we consider that they are really not interested in anything other than bitcoin then I do not see how altcoins are going to have any chance of lowering that dominance to those levels again.

As of now establishments, financial backers are as yet centering and directing every one of their assets in Bitcoin.However, altcoins are still moving forward. I sometimes notice that when the price of Bitcoin goes down, the price of Altcoins goes down, when the price of Bitcoin goes up, the price of Altcoins goes up. But billions of dollars are being invested in Altcoins.

I think all altcoins also have the support of funds from every investor to move the price. altcoin price movements during this period were quite large compared to previous years.

Not really that large, you can verify it by comparing the dominante rate of bitcoin in the past bull run to the current. As of the current (https://coinmarketcap.com/) you can see that its still 51% dominant rate for bitcoin, last altcoin season it drop below that percent to 40% ror 3% range.

I'm glad to have this, and even despite the market manipulations, prices still moving freely up and down. What I observe since before, altcoins still relying on and following the trend of Bitcoin. We can see sometimes that the dominating percentage of Bitcoin drops but it never stays that short for long as it eventually backing up in a few days.

I'm looking forward to seeing the current momentum will stick until the end of this year but not sure if investors could still able to hold their coins and not tempted to sell them.

The institutional investment is not just centered around bitcoin, i am pretty much sure that they are diversifying their assets in the top coins and then there are manipulators who wants to pump the coin which is taking the market to new levels we have not seen in a long time and look at the price of Doge coin as it rallied a crazy 300% in the past 24 hours which no one anticipated and so does BCH and BSV.

This will be the biggest altcoin season if the Bitcoin dominance falls below its support. Current stats shows that we are in the peak of altcoin season.

https://i.imgur.com/WPtUTqm.png

All you have to do now is wait for the BTC to stabilize. It's time for a bull run because big moves don't happen every day. Several institutions, however, are also active in ALTS. We should be able to make a profit if we get through those ALTs.

I hope its not too late for some to get into alts, the altcoins season has already started, some altcoins have increase 50 to 100 times, and some even more, so imagine if the price will correct and we will be in the bear market. As an investor, we should be wise and always be open for all the possibilities so we don't just get into FOMO without another option to minimize the risk.