Have Altcoins finally escaped the bear market!?!?!

[camiel323]

So its been a while since I haven't looked at any of my Altcoins had all gone down about 50% since I had bought them. Then, today, I saw that they had all increased by quite a lot! Does anyone know why Altcoins are doing so well right now?

[1714537599]

1714537599

[1714537599]

1714537599

[1714537599]

1714537599

[1714537599]

1714537599

[1714537599]

1714537599

[1714537599]

1714537599

[coastbank]

Haha looks like we have hit bottom so people cannot understand why things are getting better in market.
Obviously, most altcoins are now underpriced. We hit bottom of the bottom with latest pump. Its normal to see small natural bumps.

[laraveldeveloper]

I am also studying alt coins these days. I have started my study with Cryptonex. When i was started learning about it. That time price of coin is good and growing day by day. But now as per market situation price is going down and down.

[universal3ee]

I am not so optimistic for now yet as long as the price does not drop to a new low i am happy allready. From the last few days i did see the bear might be losing off steam but after rising for awhile the bear go into the market and push the price back to the original point.

[rockyfeller]

I'm very bullish this month on altcoins if you have extra penny to invest this is the right time to accumulate coins. Buy and hodl sell when it's profit. Don't worry everything's gonna be alright.

[mastersay]

I certainly hope so. since now its all green

[mastersay]

Hopefully the altcoins right now are green to go

[mastersay]

Sure . Its bull time bro. better get ready

[camiel323]

Haha looks like we have hit bottom so people cannot understand why things are getting better in market.
Obviously, most altcoins are now underpriced. We hit bottom of the bottom with latest pump. Its normal to see small natural bumps.

So you think the market will just stay stagnant for a while?

[BitcoinHodler]

when bitcoin price is stable there is no way to make a profit from trading bitcoin in short term. you can buy and accumulate bitcoin at that price but you can't make a profit in short term from doing so.

this little fact means traders switch to altcoin market to make profit. they pump the altcoins they see fit (usually low priced altcoins) to take advantage of bitcoin's stability, make a lot of profit then go back to bitcoin with that profit.

[camiel323]

when bitcoin price is stable there is no way to make a profit from trading bitcoin in short term. you can buy and accumulate bitcoin at that price but you can't make a profit in short term from doing so.

this little fact means traders switch to altcoin market to make profit. they pump the altcoins they see fit (usually low priced altcoins) to take advantage of bitcoin's stability, make a lot of profit then go back to bitcoin with that profit.

Wow thats really interesting! I've never thought of it that way. Do you think there is an accurate way to predict this quantitatively?

[Redg85]

if you think your coins/tokens has increase their value then good but if i were you mate wait for a little while. do not sell any of it. because it can do more than it is now. your profit will double or multiply 10X. good for you mate.

[WhaleTank]

I dont exactly know, but seems you can now make some money on a daily basis like 3-10% from 1 coin

[Firefox07]

All altcoins are recovering at this moment. But we don't if they will continue to grow in the coming days or months. The market is unpredictable. The price of bitcoin and altcoins sometime suddenly drop.

[IlfarIldarovich]

I would not make such optimistic statements, some alts seem to be chosen from stagnation. But the current market capitalization is about 250 billion, which is significantly lower than it was earlier.                  

[Svelto]

I notice that altcoins are rising these 2 days. There aren’t much news about this rise. Even today, Bitcoin rise $1000 over one hour or so. Hopefully, the market recovery is coming.

[kllondd]

It is very difficult to understand whether there is a real growth of coins, or some investors just wanted to play with quotes. Now you need to be careful with the evaluation of altcoins.

[coinplus]

I'm very bullish this month on altcoins if you have extra penny to invest this is the right time to accumulate coins. Buy and hodl sell when it's profit. Don't worry everything's gonna be alright.

I am actually beginning to see some traits of bullish signs for most of the altcoins. I do not expect the market to just keep going on a while like this without some action in the market. Most of the altcoins have bottomed enough and looking for action right now, which is what I expect most whales would be channeling their efforts into now before bitcoin hits the stage running. Nevertheless, we only have to keep seeing how things go from here gradually before we even start making any assumptions but let's hope for better days ahead.

[Whosdaddy]

Haha looks like we have hit bottom so people cannot understand why things are getting better in market.
Obviously, most altcoins are now underpriced. We hit bottom of the bottom with latest pump. Its normal to see small natural bumps.

Bottom cannot really be called yet until we start seeing full recovery. However, there is still a lot of instability with bitcoin which simply means anything can happen at any point in time. However, looking at the way the alts have been responding lately, it seems a lot of traders are already beginning to accumulate but I would not expect any bull run immediately at least for now.

It is good to know that we are getting close to the point where things turn out green. Probably altcoin have escaped from the bear market, but it is too early to know if they have or not. Most altcoins were doing well since bitcoin was a bit stable and considering the next movement.

But with the recent spike above the downtrend, that actually affected most of them and they ended up having a little drop in value. My point is, most alts are kind of attached to the movement of bitcoin and they only do well when bitcoin consolidates.

[fadlyzuld]

So its been a while since I haven't looked at any of my Altcoins had all gone down about 50% since I had bought them. Then, today, I saw that they had all increased by quite a lot! Does anyone know why Altcoins are doing so well right now?

I think the tension between the US and Russia has a good impact on the crypto market, I did not expect war so my money could increase, but as the Cold War may be good for the future market