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Author Topic: waiting for altcoin season might take time  (Read 6883 times)
adekogbe
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August 28, 2019, 11:29:49 PM
 #181

The cryptocurrency market isn't making positive advancement today so it may be difficult to expect this so called altcoins season this year.
With this, in any event we ought to figure out how to expand our ventures and not simply placing every one of your interests in a single container.
The major coins have been truly productive right now so ensure you are putting a greater portion of your portfolio

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August 28, 2019, 11:43:39 PM
 #182

Long term investors might think of waiting for such, but it is not the Sam as being a long term investors. If there will be altcoin season, it might not be now and we need to first learn from our past mistakes and make corrections, so that we do not fall into the same mistake of the past.
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August 29, 2019, 06:53:06 AM
 #183

Long term investors might think of waiting for such, but it is not the Sam as being a long term investors. If there will be altcoin season, it might not be now and we need to first learn from our past mistakes and make corrections, so that we do not fall into the same mistake of the past.
What I learned from my past experience is to be patient and not to be greedy, we should do these two if we want to succeed here.

Right now, what we need is to be patient while waiting for the altcoin season so we can sell, being patient is required because we are in crypto where the market is not stable and the risk is high, but the moment what we are waiting for will arrive, we should not be greedy so we can always sell at a profit.

Those are things I learn, and I should have made myself more profitable if I was able to execute the right action during the last bull run.

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August 29, 2019, 12:42:51 PM
 #184

investing in crypto is not as easy as imagined, since the fall that occurred after the bullrun in 2017 is indeed a difficult time for crypto users, the price of altcoin is difficult to experience a significant increase and the possibility of altcoin sesason will re-occur in a long time, survive and be patient waiting for the bullrun happening is not a waste, we must utilize existing conditions to improve the strategy that is run so that when the bullrun occurs get maximum profit

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August 29, 2019, 12:59:21 PM
 #185

We cannot be so much pessimistic like this. We all know that there is not any easy to earn money and a project cannot grow overnight giving benefits. It takes time for the crypto market to grow and make everyone happy. In 2017, the biggest bull run came. Before that none predicted it. So in the future, bull run will come and none can predict as well.

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August 29, 2019, 01:03:12 PM
 #186

On my perspective, the greatest altseason was the best market roi but the negative side of it is it is also became the event that made people awake of the true nature of cryptocurrencies. So I have huge doubts if there would be another that we will experience because the media is powerful unlike before that traders will likely to shillers  because the media does not care to write about it.
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August 29, 2019, 08:13:19 PM
 #187

All altcoins on the market cannot have a bull run at the same time although a good number of them may show the green light. Each altcoin has got its own development plan and it is up to the investor to research in order to know when an altcoin intends to pursue a development that might bring a boost in its price.

Bitcoin dominance is close to 70%, and I do not remember that we could have such a situation on the market. After Bitcoin rise this year, many people have become confident that BTC is not a bubble, and whatever happens, it is worth holding this cryptocurrency. Most of the investors prefer BTC.
Therefore, altcoins start losing their popularity, and they are in not such a great demand. Probably, in 6-9 months when Eth launches Ethereum 2.0, everything will be different.

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August 29, 2019, 08:46:59 PM
 #188

Agree with you we can see now the historical behavior of the market, and we can only expect a real altcoin season going forward, the position of bitcoin that still dominates well and even then does not last long, we just wait when the price of BTC is stable and settled means that is when the altcoin season arrives

I consider that it is not necessary to wait for months when the altseason comes to us. Let's make money on weekly bitcoin price fluctuations. On this you can have regular earnings and at the same time increase your capital.
If suddenly your altseason arrives, then you can at any time go from bitcoin to any altcoin in a short time.

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August 29, 2019, 08:47:24 PM
 #189

Over the past two years, no significant changes have occurred in the crypto sector. There is no massive influx of new followers, just as there is no increase in investment in crypto projects. Old investors have lost a significant part of their savings and are tired of waiting for growth. All this cannot have a positive impact on the mood of new, potential investors.
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August 29, 2019, 11:54:04 PM
 #190

Based on technical analysis from experts, we may not see an altcoin season this year. If you are still holding them, you may have to hodl a little longer.

I don't think I will agree with you on this. The altcoin market currently can be described as a gold mine and with good knowledge and understanding, investors can easily take advantage of the drop in the market value of most altcoins and make huge sum of profits. The altcoin market is currently unpredictable and it can easily experience some kind of bull run in any moment from now.

Not sure I'd call it a gold mine, but I agree as far as unpredictably goes.

1-2 months from now I wouldn't be surprised to see either: altcoin market at its lowest ever, or altcoin market going crazy (not 2017 levels, but several coins doing the 3-5x valuation thing). It can go either way and anyone stating they know for a fact what will happen is simply guessing.
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August 29, 2019, 11:59:49 PM
Last edit: August 30, 2019, 02:04:36 AM by Danslip
 #191

Alt season will take time but the required time has a correlation with the ROI. Altcoins have a naturally volatile atmosphere and using it can be tough. I prefer to invest in the top altcoins. The time and price are the main obstacles in trading, traders don't want to understand the market fundamentals, they want to get the easy profit with trading every day.
I can wait up to 2 years if the team never broke their promises written on whitepaper and roadmap. In other cases, the situation can shift from positive to negative if the investor has no expectation from the team. Time management is imperative in so spots that can affect the decision of the investors.  

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NoirSuccubus
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September 04, 2019, 10:50:07 AM
 #192

Yes, alt coin session will take place if not sooner, then later, but it will take place, what people need is only patience. I have seen many people sell their alt coins while going in loss thinking that good days will never come, but good days will come eventually, and the bull run will happen. Just need to wait it out and see what happens.
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September 04, 2019, 11:42:40 AM
 #193

we are waiting for a good moment for the upcoming altcoin season and I am sure when bitcoin goes up the price of all altcoin will follow slowly but surely, and I see the news that in 8 months bitcoin will halving this opportunity for altcoin to rise because suplly bitcoin will be increasingly limited and expensive, this will make investors switch to altcoin
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September 04, 2019, 11:49:17 AM
 #194

Yes, alt coin session will take place if not sooner, then later, but it will take place, what people need is only patience. I have seen many people sell their alt coins while going in loss thinking that good days will never come, but good days will come eventually, and the bull run will happen. Just need to wait it out and see what happens.
They will realize that selling when the market is bearish is bad if they can still witness the next bull run.
Market is always unpredictable and only those who are strong enough with their belief that crypto will recover will eventually get rewarded in the long run.

Even if I need to wait for at least another year, it's still worth as long as my investment will grow based on my expectation, a x10 growth would be enough and I'll enjoy that profit as I have never stop accumulating during the dip.

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September 04, 2019, 11:56:11 AM
 #195

This proves that after the Altcoin season in 2017, until now no longer happens. For me waiting for the Altcoin season will definitely seem bored. But I was also lucky because during 2018 until now gathered a lot of altcoins. So that if the Altcoin season arrives, I hope that the coin that I have is a good selling value.

The Altcoin season I think will be present at the end of the year 2019. Because currently Bitcoin still dominates the market and makes all the altcoins decline.

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September 09, 2019, 07:01:20 AM
 #196

I don't see the altcoin season, at this time the market is more supportive of the bitcoin season because I see that the price of bitcoin has recently increased rapidly. a good decision if you invest with bitcoin.
At the moment, bitcoin still dominates the price increase in the market, while altcoin is still very far from expectations.  But that doesn't mean that the price of altcoin will always be the way it is today, as true investors, This is the best opportunity to invest, and they will get results when the altcoin season returns to increase.
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September 09, 2019, 08:59:27 AM
 #197

I don't see the altcoin season, at this time the market is more supportive of the bitcoin season because I see that the price of bitcoin has recently increased rapidly. a good decision if you invest with bitcoin.
At the moment, bitcoin still dominates the price increase in the market, while altcoin is still very far from expectations.  But that doesn't mean that the price of altcoin will always be the way it is today, as true investors, This is the best opportunity to invest, and they will get results when the altcoin season returns to increase.

Current market conditions are indeed difficult for altcoin because the dominance of bitcoin continues to strengthen even penetrating 70% of its dominance in the market. I am still optimistic that altcoin will happen but it takes time and also not all altcoin will go up in price because investors are more selective now
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September 09, 2019, 09:06:26 PM
 #198

Sure, altcoins need a some time to grow such high how it was in 2017 but the waiting can not be everlasting. I think that it will hapens when Bitcoin dominance will be around 80% from total market capitalization and this will hapens when almost all stop believe in that.
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September 09, 2019, 09:13:18 PM
 #199

Altcoin season will definitely take more time since bitcoin dominance keeps increasing. Almost all altcoins experienced dip, presently the coins I'm holding for long term are in serious dip, but I have no option than to keep holding and wait for a market rebound.

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September 09, 2019, 09:30:55 PM
 #200

I never expected anything to be easy maybe thats why i dont get worried about present market price

The first time i decided to invest in crypto was after the last bullrun of 2017 and i knew that 2017 was a big chance and i missed it since i never entered this space very earlier before the bullrun so after bear market takes over what comes straight to my mind was 'its never going to be easy to see a big change in market movement  like 2017'and since then i just keep my head up and find other means of living yet i cant do without investing in coins and tokens,the next altcoin season might not come anytime sooner but only those who are in hurry will be in pain,its never going to be that easy.
The altcoin season will not be certain, you are right that altcoin needs the right time. But if there are still many negative factors that affect altcoin such as a scam, I think it is very minimal if the altcoin season like 2017. Hearing a very profitable season that year, you are really very unfortunate not to follow altcoin since the beginning of the past.

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