Bitcoin Forum

Economy => Speculation => Topic started by: NatureMoves on April 06, 2021, 10:55:18 PM



Title: What happens after Alt Season?
Post by: NatureMoves on April 06, 2021, 10:55:18 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?


Title: Re: What happens after Alt Season?
Post by: Dave1 on April 06, 2021, 11:30:36 PM
Well it's obvious, if altcoin investors started to sell off their stash of altcoin causing the market to plummet or at least people think that it is the end of altcoin bull run, then those are going to move their money into BTC.

There are still other options though, like stocks, but i doubt that, once your invested into crypto, you can't get out.  ;D


Title: Re: What happens after Alt Season?
Post by: online73 on April 06, 2021, 11:37:08 PM
Hello everybody. The history of cryptocurrency is not yet long, but if we adhere to the postulate that it is periodic, then, based on what happened after the last alt-season of 2018, we will face a boring, protracted bear market. In any case, you need to be ready for this bear market, or even better, not to waste time and start accumulating stablecoins in order to buy at very favorable prices. After all, after the bear market, prices will again begin to skyrocket to the moon.


Title: Re: What happens after Alt Season?
Post by: cabron on April 06, 2021, 11:52:40 PM
Well it's obvious, if altcoin investors started to sell off their stash of altcoin causing the market to plummet or at least people think that it is the end of altcoin bull run, then those are going to move their money into BTC.

There are still other options though, like stocks, but i doubt that, once your invested into crypto, you can't get out.  ;D

If altcoin season ends, they are not going to buy BTC, they are going to hedge to stablecoin to wait for the bottom. Some may still trade, the buy low sell high still works even when there is a bear market but its going to be harder.

Its not sure yet if altseason is over. It would start with BTC plummeting down before that happens. But because somehow BTC was derisked, it probably won't happen yet.


Title: Re: What happens after Alt Season?
Post by: TravelMug on April 07, 2021, 12:16:36 AM
Well it's obvious, if altcoin investors started to sell off their stash of altcoin causing the market to plummet or at least people think that it is the end of altcoin bull run, then those are going to move their money into BTC.

There are still other options though, like stocks, but i doubt that, once your invested into crypto, you can't get out.  ;D

If altcoin season ends, they are not going to buy BTC, they are going to hedge to stablecoin to wait for the bottom. Some may still trade, the buy low sell high still works even when there is a bear market but its going to be harder.

Its not sure yet if altseason is over. It would start with BTC plummeting down before that happens. But because somehow BTC was derisked, it probably won't happen yet.

There's a lot of strategy that can be apply here:

ALTS->BTC
ALTS->Stable Coins

And that's why people are pointing about alts and bitcoin correlation, using the bitcoin's dominance as sort of metric. And now that the dominance is down from as high as 70% to 53% of today, they are shouting that altcoin market is now on a super fast bull run. We can see it in 2018, wherein bitcoin's dominance went down as low as 35% and correlated with the rise of alts. So we can interpret it and make the right decision to shift to bitcoin or stable coins.


Title: Re: What happens after Alt Season?
Post by: SquirrelJulietGarden on April 07, 2021, 01:14:30 AM
There's a lot of strategy that can be apply here:

ALTS->BTC
ALTS->Stable Coins
Three main types of assets in crypto market:
- Bitcoin
- Altcoins (or called as Alternative cryptocurrencies)
- Fiat currencies (and substitutes for them in crypto: stable coins).
Whales and institutes manipulate the market to enrich their capital. Their capital will be changed from Bitcoin to altcoins and fiat currencies / stable coins. In different periods of market, they will allocate more of their capital into bitcoin or altcoins or simply hold in fiat currencies or stable coins.

Quote
And that's why people are pointing about alts and bitcoin correlation, using the bitcoin's dominance as sort of metric. And now that the dominance is down from as high as 70% to 53% of today, they are shouting that altcoin market is now on a super fast bull run. We can see it in 2018, wherein bitcoin's dominance went down as low as 35% and correlated with the rise of alts. So we can interpret it and make the right decision to shift to bitcoin or stable coins.
Minutes ago, I read the article on Coindesk
Latest ‘Altcoin Season’ Fueled by XRP, Tron, Stellar Pushes Crypto Market Value to $2T for First Time (https://www.coindesk.com/crypto-market-capitalization-2-trillion-first-time)
Quote
Early crypto adopters vs. crypto newbies

Unlike bitcoin’s impressive growth since early 2020, much of it driven by institutional investors, the altcoin rally may have been fueled by early crypto adopters and retail investors who are newly arriving to the space.
The above quote is the point. Bitcoin is the game for all but altcoin season is the game for whales, early crypto adopters and newbies. Unfortunately but it is the fact that this game is The Game of Death for Crypto newbies.


Title: Re: What happens after Alt Season?
Post by: GreatArkansas on April 07, 2021, 01:17:25 AM
If we compare it to the previous alt season which happened at 2018 when Bullrun started and it is the same year that ended and started the bear market. As far as I remember, alt season happened that year and we saw a lot of altcoins are pumping, even how shit altcoin is it is pumping. And after that, we saw a very long bear market.


Title: Re: What happens after Alt Season?
Post by: wack slacker on April 07, 2021, 01:44:01 AM
There are two situations that I think could happen. Bitcoin will drop to the 50k, 48k, 45k, or 42k support zone. Maybe Bitcoin will regain its domain and suck the life of altcoins to increase the value to a new ATH.
In the above two cases I am inclined to the trend that Bitcoin will continue to increase in price.


Title: Re: What happens after Alt Season?
Post by: electronicash on April 07, 2021, 01:50:25 AM

after altseason, some of these altcoins are going to fade out and die just like in 2018 where the project that goes up in 2017 had now been gone. there are few that will remain because their team is still trying to succeed.

whenever the altcoin season begins to end, you don't buy BTC because BTC will also drop, just go directly buy stablecoin. i would probably buy yuan instead of usdt this time.


Title: Re: What happens after Alt Season?
Post by: mk4 on April 07, 2021, 02:35:40 AM
With "alt seasons", while it's likely that bitcoin also goes up in price, it usually lags behind most altcoins. Though investing in altcoins sounds great, it isn't really that much of a good idea for an "investment", because it's pretty tough to pick which altcoins are going to actually survive for years. I'd personally make trades, but not investments outside of BTC.


Title: Re: What happens after Alt Season?
Post by: xSkylarx on April 07, 2021, 03:09:46 AM
With "alt seasons", while it's likely that bitcoin also goes up in price, it usually lags behind most altcoins. Though investing in altcoins sounds great, it isn't really that much of a good idea for an "investment", because it's pretty tough to pick which altcoins are going to actually survive for years. I'd personally make trades, but not investments outside of BTC.

Trading altcoins is a big help to accumulate more bitcoin because the chance of getting a 50% gain or more in an altcoin is high during this alt season. It is not that hard to choose which altcoin to invest for long term, just look at the top 10 and if you will research about them they are continuous doing their roadmap or ongoing projects. Just look at BNB now, it started from 2$ way back 2017 and it is top 3 now in the coinmarketcap. For small crypto trader like me, we prefer altcoin because trading bitcoin now does not give that much profit compared to altcoins.

For the OP, it depends what will happen after alt season. If btc dominance increase then it could make new ATH again. If not then we could see some major correction like 20% for bitcoin, if this happens alt would suffer more so I suggest before this happens have some stablecoins prepared to buy during this correction.


Title: Re: What happens after Alt Season?
Post by: Little Mouse on April 07, 2021, 03:16:48 AM
We are so early to predict such a trend. BTC only in the 12th year and the crypto market has seen 4/5 bullrun so far. So, this is very small data size I think to predict what's gonna happen.
Usually, after BTC bull, altseason comes because most people can switch a good amount of USD in altcoin market as they had a good amount of profit from BTC.
Once, altseason ends, we see a gradual downward movement. I'm saying this from 2018 experience. However, this may not follow all the time. Till now, we really don't have coins with every day use. If such things exist truely, things may change in the future.
Now, back to the main topic. We have never seen a lot of institutional investors are joining the market. If more investors come at the ground, we may not see BTC getting dumped to previous stage.


Title: Re: What happens after Alt Season?
Post by: ice18 on April 07, 2021, 04:03:46 AM
Op you have such an advance thinking we are just starting into altseason and you are now concerned once it ends but I do understand we must all prepare for the next move of alts in the next few months so I suggest to avoid losing money always take profit no one knows when this altseason lasts it can be next year or this year just be prepared but I believe this altseason will be different from previous one something big is coming to crypto, btw my short answer to your question price of alts will dump hard.


Title: Re: What happens after Alt Season?
Post by: btc78 on April 07, 2021, 04:12:27 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
If you are asking about the instant effect well no one knows because this is far different from what we had last 2018 when after altseason Bit coin continues to fall down and become much lower the whole 2019.
But Hopefully this altcoin season is just a segway before Bitcoin Hits the top to 100k this 2021 .(Who knows right?)


Title: Re: What happens after Alt Season?
Post by: danherbias07 on April 07, 2021, 04:21:06 AM
When they got tired of alts and taken their profits then it's either they will be back to Bitcoin and Ethereum or just stay with cash.
Staying with cash or stablecoins means they are waiting for the right entry price they prefer.
NFT's are still being hyped so I won't be considering that just yet.
With investment being divided, the demand will not soar that high. Bitcoin might just play at 55-65k if the hype won't deteriorate.


Title: Re: What happens after Alt Season?
Post by: mk4 on April 07, 2021, 05:32:06 AM
Trading altcoins is a big help to accumulate more bitcoin because the chance of getting a 50% gain or more in an altcoin is high during this alt season. It is not that hard to choose which altcoin to invest for long term, just look at the top 10 and if you will research about them they are continuous doing their roadmap or ongoing projects. Just look at BNB now, it started from 2$ way back 2017 and it is top 3 now in the coinmarketcap. For small crypto trader like me, we prefer altcoin because trading bitcoin now does not give that much profit compared to altcoins.

Yea.. no. BNB is just one of a few investments that's ended up being worth it (at least currently). The other "top coins" though? Take a quick look at their charts vs BTC.

https://i.imgur.com/fQU73o3.png  https://i.imgur.com/ftpoAok.png  https://i.imgur.com/81FsTuK.png


Title: Re: What happens after Alt Season?
Post by: isaac_clarke22 on April 07, 2021, 05:36:18 AM
Mostly traders wouldn't want their money to be unstable, so they will just mostly put it in their preferred stablecoin.
For Bitcoin, it is kinda mixed of both because not everyone is into Bitcoin and are just purely alt's investors.
No wonder why some lower coins tend to get pumped from its low price. :D


Title: Re: What happens after Alt Season?
Post by: elisabetheva on April 07, 2021, 05:40:23 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
it looks like what will happen with Alt season, it is not at all affected by the state of bitcoin. because it is precisely bitcoin that makes Alt season not the other way around. we have to admit that so far bitcoin has played that role.

Since last year, altcoins have not been able to make maximum movements because of the very high influence of bitcoin in making daily movements. in fact, the effect was still until the beginning of the year bitcoin continued to move and even did ATH in succession. currently bitcoin is in a stable situation, allowing altcoins to move freely.


Title: Re: What happens after Alt Season?
Post by: TheUltraElite on April 07, 2021, 05:43:30 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
First alt season needs to happen then they think beyond that. 8)

Mostly the traders who are looking for alt season are those who never wished they got into that altcoin. So there starts the endless cycle of despair.

Point is that bitcoin being high made the altcoins rise too. In case someone makes a profit by selling at that time they call it alt season. At the end of this "altcoin pump" there will be an inevitable dump and the prices of altcoins will go back down again.

If it goes back up again, which rarely happens, count your lucky stars and sell off the rest of your altcoins and get rid of that cesspool in your wallet.


Title: Re: What happens after Alt Season?
Post by: Hobo66 on April 07, 2021, 06:02:44 AM
As far as i observed when alt season  end people transfer their money back to Giant coin bitcoin. So its obvious price will pump in descent way. 10% pump is commonly done so here we can expect sharp move of bitcoin to 70 k,which ofyen happen.


Title: Re: What happens after Alt Season?
Post by: Parking_Meater on April 07, 2021, 07:22:39 AM
Its the jurassic park of alts right now. Shit is pumping that's been dead for years. I wear a tinfoil hat so all this shit is sus to me. HODL bitcoin.


Title: Re: What happens after Alt Season?
Post by: macson on April 07, 2021, 08:07:25 AM
Hello everybody. The history of cryptocurrency is not yet long, but if we adhere to the postulate that it is periodic, then, based on what happened after the last alt-season of 2018, we will face a boring, protracted bear market. In any case, you need to be ready for this bear market, or even better, not to waste time and start accumulating stablecoins in order to buy at very favorable prices. After all, after the bear market, prices will again begin to skyrocket to the moon.
the market correction occurred because of the massive sale....i'll bet on you that current Bitcoin holders won't want to sell their Bitcoin.  Bitcoin's history has changed when Saylor, Elon, Jack, and several other innovators started buying Bitcoin.  the previous year's benchmark was no longer valid.  Bitcoin falling below $40k looks "impossible" at the moment.


Title: Re: What happens after Alt Season?
Post by: maxreish on April 07, 2021, 09:01:07 AM
It depends.
 
 If bitcoin hodlers like companies and big inbestors still holds their bitcoin, the price of bitcoin will still goes up. Otherwise, if its the opposite and whales sell it off, then it goes down.
 
 Or, if alt season ended and altcoin holders sell their altcoins to buy bitcoin, then probably bitcoin will goes up. Remember that it always base on the demand and the supply of bitcoin causing the price of it to eventually pump or dump.


Title: Re: What happens after Alt Season?
Post by: nebuch on April 07, 2021, 09:40:07 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
To be honest, like what you said, alt season. It only means that the prices of alts are in surge. Practically speaking, after the surge only decline the possible ending. Time to buy when dip comes and hold until the increase will occur again. Buy dip sell high is the basic method to happen.


Title: Re: What happens after Alt Season?
Post by: DoublerHunter on April 07, 2021, 10:08:19 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
^ In my opinion, no. BTC might still be the same even if it’s alt season. Especially now that people are getting smarter when it comes to trading. Stable coins can be an option instead of BTC, the rates are lower and the transaction processes are quietly impressive compared to BTC. Considering the speed? BTC has no match to it. Nevertheless, if you are worried if BTC will go down during alt season, I think it’s not. So stick with your current plan.


Title: Re: What happens after Alt Season?
Post by: Becky666 on April 07, 2021, 10:29:20 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
This absolutely depends on the holders, sometimes when these altcoins are be cash out they are directly be move into bitcoin which cause the price of bitcoin to move more higher. Altcoin seasons are always followed with the rise of the bitcoin and not otherwise, this was what happened in the year 2017 that gat many retail investors to float their money into bitcoin, we hope the old days repeat itself again.


Title: Re: What happens after Alt Season?
Post by: Golftech on April 07, 2021, 10:37:05 AM
But I think the altcoin season is not ending because many coins still increase, making the other altcoin also increase. Bitcoin itself will have the time to lift the price more than the price now, so maybe we will see the price will reach $65k or more. People are still trying to accumulate more profit from the altcoin that already increases and are waiting for the other coins to increase.

It's still getting warmed up, most of the alts are moving up and investors and traders are enjoying this,

once they'll already achieved their target money will be bring back to main asset (Bitcoin) the surge

will continue and we will see more upward movements. Assess and observe each market trend and never

to fall right away but find the perfect timing for you to compensate your investment.


Title: Re: What happens after Alt Season?
Post by: fauzan123 on April 07, 2021, 11:34:55 AM
Hello everybody. The history of cryptocurrency is not yet long, but if we adhere to the postulate that it is periodic, then, based on what happened after the last alt-season of 2018, we will face a boring, protracted bear market. In any case, you need to be ready for this bear market, or even better, not to waste time and start accumulating stablecoins in order to buy at very favorable prices. After all, after the bear market, prices will again begin to skyrocket to the moon.
the market correction occurred because of the massive sale....i'll bet on you that current Bitcoin holders won't want to sell their Bitcoin.  Bitcoin's history has changed when Saylor, Elon, Jack, and several other innovators started buying Bitcoin.  the previous year's benchmark was no longer valid.  Bitcoin falling below $40k looks "impossible" at the moment.

When buyers rush in, altcoin prices explode into an unsustainable trajectory. If you play your cards right, it’s possible to 2x, 5x, or even 10x your BTC investment. By contrast, markets become overbought at the end of each alt cycle.

Blow-off top signs are evident, and smart money races to get out at the highest price. High selling pressure leads to a steeper drop in alts compared to BTC, and thus BTC regains dominance. Let’s look at examples.


Title: Re: What happens after Alt Season?
Post by: bittick on April 07, 2021, 11:41:32 AM
is it even a question, after the altcoin bullrun ends definitely people gonna be dumping like there's no tomorrow, but as I see right now, the current bullrun is kinda different than it's in the previous year. I think after the bullrun ends the price gonna be the same as it is right now. Most of alts right now also follow bitcoin market anyway, so I assume the current bullrun isn't really alt season.


Title: Re: What happens after Alt Season?
Post by: Shasha80 on April 07, 2021, 11:54:07 AM
I think what happens when Alt Season ends is that the altcoins will fall in price. While Bitcoin will increase in price, because investors will move
their altcoins into Bitcoin. There are also some investors who transfer them to stable coins, or they can also enjoy the profits that they get during
the alt season by doing cashout to become fiat. Whatever happens if the alt season ends for a while, don't invest in the altcoins first, because
the price will definitely continue to fall quite deeply. I would rather suggest moving them to stable coins which prove to be unaffected when
the market crashes. When the market starts to stabilize, we can buy potential altcoins again.


Title: Re: What happens after Alt Season?
Post by: mezzaluna on April 07, 2021, 12:23:17 PM
Well it's obvious, if altcoin investors started to sell off their stash of altcoin causing the market to plummet or at least people think that it is the end of altcoin bull run, then those are going to move their money into BTC.

There are still other options though, like stocks, but i doubt that, once your invested into crypto, you can't get out.  ;D

Haha that is true that once your invested, you cant get out but its more like you don't want to get out because learning how to earn within the Cryptocurrency Industry really gave us a lot of freedom with our time and helps us earn more depending on our way of earning money. Its true that even during the Alt Coin season, Bitcoin can still increase slowly because of the fact that its still usable during that period.

Its just a great way to earn more money during Alt Season because we will be seeing different kinds of Cryptocurrencies that has the potential to grow into something big.


Title: Re: What happens after Alt Season?
Post by: mezzaluna on April 07, 2021, 12:31:49 PM
Well it's obvious, if altcoin investors started to sell off their stash of altcoin causing the market to plummet or at least people think that it is the end of altcoin bull run, then those are going to move their money into BTC.

There are still other options though, like stocks, but i doubt that, once your invested into crypto, you can't get out.  ;D

Haha that is true that once your invested, you cant get out but its more like you don't want to get out because learning how to earn within the Cryptocurrency Industry really gave us a lot of freedom with our time and helps us earn more depending on our way of earning money. Its true that even during the Alt Coin season, Bitcoin can still increase slowly because of the fact that its still usable during that period.

Its just a great way to earn more money during Alt Season because we will be seeing different kinds of Cryptocurrencies that has the potential to grow into something big.


Title: Re: What happens after Alt Season?
Post by: slapper on April 07, 2021, 12:34:55 PM
Most of the coins in this uptrend follow bitcoin. Thus, I do not believe there is anything called alt season. Right now, bitcoin is being dumped quite hard and many alts also suffer the same situation. If the bitcoin price reduces, it is best to buy more bitcoin instead of alt and when bitcoin is in an uptrend, entering a few altcoin orders is a good option because alts tend to recover faster than bitcoin.

IMO, altcoins are for short-term investment. You can take profit in a couple of weeks or months depending on how patient you are and how good is your analysis. On the other hand, bitcoin is for long-term investment. Holding bitcoin for years always give a significant positive result.


Title: Re: What happens after Alt Season?
Post by: ipanks on April 07, 2021, 02:37:57 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
There are no usually because the crypto market will not always move as usual. We do not know what will happen after this but what I want is bitcoin can still increase and the altcoin to follow where bitcoin moves. But the correction will always come after the price break the highest price and as we saw before, the price now getting another correction, but I hope that it will not takes too long to stay at a low price. Bitcoin can increase again after this, so make sure you are ready with that.


Title: Re: What happens after Alt Season?
Post by: bandungan on April 07, 2021, 03:07:44 PM
the price reduction is certain, that's the scheme that is currently underway. but usually it doesn't last long for good coins like bitcoin, ethereum and others. usually they will recover quickly in a short time after investors enter a new phase of reinvestment


Title: Re: What happens after Alt Season?
Post by: Dollar_Hunter on April 07, 2021, 05:27:31 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?

if the altcoin season ends, then events like 2018 will happen, yes, after altcoins go up 10x even 100x in a day,
and then 2 years experience a decline, or it's called bear season, yes if altcoin season ends next then bears will come,
this is something that must be watch it later


Title: Re: What happens after Alt Season?
Post by: bitgolden on April 07, 2021, 06:01:59 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
All prices fall. So far everything that happened in the past shows that the cycle is bitcoin going up, then ethereum going up, then other coins that are top level goes up and then alt season happens and then everything crashes big time. Which means if we are in the so called alt season phrase of crypto world, that means we are going to end up with a huge crash later on. I just do not believe in cycles and I do not believe that what happened in the past will have to happen again.

We are in a 6+ month increasing situation without a drop and I believe that never happened before, we never went as high as this much for 6 months straight without having one month that was lower. Which shows you that we are in a situation that is different than any other situation we have been in, and that is why we do not have to have another crash following this alt season.


Title: Re: What happens after Alt Season?
Post by: rhodelmabanal on April 07, 2021, 09:44:23 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
It always depend on the market of the altcoin alt season means altcoin will rise and after alt season maybe some of the altcoin price rise and some altcoin will down, i believe that not all altcoin will change price some may stay on thier position. However we still need to wait and see because market is always changing and it is high on volatility.


Title: Re: What happens after Alt Season?
Post by: arufox on April 07, 2021, 11:04:38 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
Bitcoin is decentralized, but now because so many institutions join in crypto and buy Bitcoin, if this continue happens bitcoin can be half centralized, so the price can control by them.  We are seeing the same situation like 2017, so after altcoin season the price will dump massive, but remember today is  different because institutions


Title: Re: What happens after Alt Season?
Post by: Luqman on April 07, 2021, 11:59:14 PM
It is something difficult to predict, mate. The price/value of Bitcoin can increase a moment before it finally drops gradually to go to the bearish season. Or it can drop directly along with altcoins prices. You must prepare for two possibilities, mate. So, you won't be so surprised if it goes not as expected. Nothing is certain in the crypto market.


Title: Re: What happens after Alt Season?
Post by: MIner1448 on April 08, 2021, 04:14:22 AM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
The mood of the market almost always depends on the whales, they actually decide to crash the market or launch it up, adding more hamsters to the market, so that later they can make money ...


Title: Re: What happens after Alt Season?
Post by: wiss19 on April 08, 2021, 06:35:29 PM
What usually happens to Bitcoin after Alt season? Does the value go down? Or it goes up again?
I think when it’s ALTCOIN season bitcoin is going to rest and would stop being heavily bullish I guess, and the price can even go for a correction as altcoins continues to be bullish, and when its price is at that low it is going to become stable.

The reason why I said this is because when altcoins starts pumping a lot of altcoins investors who have been holding bitcoin because of the bull run will now start selling the coins they are holding and will be using it to invest back into altcoins and that’s going to cause a fall in price for bitcoin as altcoins continues to pump.