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Author Topic: Altcoins vs BTC halving  (Read 515 times)
Quidat
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September 30, 2019, 01:14:59 PM
 #21

if you ask me i will always say that having a bunch of altcoins and calling it a portfolio is a wrong move to begin with. you yourself already said how the altcoins get dumped whenever bitcoin rises so there really isn't any point in having them at all.
if you check the altcoin performances, you can see that they always perform well only in a very short time and then from that time onward it is a poor performance filled with dumps. which makes holding a terrible idea.
with bitcoin having coming on and the price rise of bitcoin there is even more danger threatening altcoins. another reason for not bag holding them.
Already learned in the past and i can attest this situation based on my experience.Holding altcoins is never been ideal but good for those people who do able to baghold
specially those top altcoins in the market which is somehow their prices do back up and recover but most of the time they are being dumped when btc dominance and demand starts to cling up.Diversifying isnt really bad but you'll soon realize that this isnt always an ideal step for you to take. We know on what crypto is mainly on demand and from the word alternative which suits out on the name "altcoin" which isnt really something a serious thing for you to accumulate but still your choice though.
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September 30, 2019, 01:28:17 PM
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September 30, 2019, 01:31:32 PM
 #23

Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.
Recently what I am seeing is that the trend has changed. Before with BTC price increase, Altcoins used to follow it which is no more the case. The BTC dominance is as high as 70% which is pretty much unbeatable. With halving being scheduled next year, the dominance is likely to increase as people will be shifting to BTC in expectation of higher price according to past trends.
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September 30, 2019, 01:38:39 PM
 #24

What everybody expecting is the price of BTC will increase because of halving. When we view previous halving periods price of the BTC also increase sharply after halving.
If market behavior not changed, altcoins will crush at BTC pair during sudden increases at BTC price.

We can hope, BTC can go Stabil after sudden increase and the prices of alt coins can catch BTC.
Otherwise more dips are waiting to alt coins which are already at Dip.
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September 30, 2019, 02:10:33 PM
 #25

I think that before we will see a strong increase in the price of bitcoin, there will be a very powerful altcoin season. I am sure that large players will not miss the opportunity to earn more bitcoins for themselves

yes including large pump groups will do it when btc dump to  reasonable price.when btc dominance redused large players ad groups will pump money in to alt coin and will pump them for more and more btc
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September 30, 2019, 03:41:11 PM
 #26

To be frank, halving doesn't guaratee the double of the price it may be the opposite, it's just a usual supply and demand rule. When BTC is getting the halving it's only the miners that are affected and not the holders so don't expect much, consider having a price pump as a bonus.
About altcoins dumping, that's not guaranteed either, there are chance that the price in BTC will be the same but the value in USD is rising or the price to BTC is lowering but the value in USD is basically the same.

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September 30, 2019, 03:53:31 PM
 #27

I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.
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September 30, 2019, 05:04:32 PM
 #28

The halving of Bitcoin block rewards would surely have an impact on the overall cryptocurrency market cap and i am sure we would see some increase in the altcoins as well. However i doubt they would peak up as high as BTC would because most traders are now investing more into BTC other than alts.




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September 30, 2019, 05:06:26 PM
 #29

BTC halving is expecting next year and we all are expecting huge movement in BTC but there is still a lot of time left for BTC halving. When halving will be near we will see more & more investor will give priority to BTC. Generally, when BTC rises we see most of the altcoins drops in satoshi forms. At the moment BTC seems quite stable and now we are seeing gains in altcoins. If BTC dominance will be reduced we will see more rise in altcoins.

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September 30, 2019, 05:10:25 PM
 #30

I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.

In the early stage when people prepare for the halving and when Bitcoin is still cheap altcoins will lose value and money will go to BTC. If we go into the late stage where BTC goes into a rally altcoins will start pumping as people move some of the profits from BTC trading into altcoins. It usually looks like this when we look at BTC vs altcoin markets. If you buy altcoins now you will profit just a little bit later than if you invest in bitcoin.

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September 30, 2019, 08:15:04 PM
 #31

I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.

In the early stage when people prepare for the halving and when Bitcoin is still cheap altcoins will lose value and money will go to BTC. If we go into the late stage where BTC goes into a rally altcoins will start pumping as people move some of the profits from BTC trading into altcoins. It usually looks like this when we look at BTC vs altcoin markets. If you buy altcoins now you will profit just a little bit later than if you invest in bitcoin.
I agree with this altcoins always lose vs BTC at first but after btc really skyrockets all the profits start moving into altcoins its a pattern that keeps happening.
at this point it is a self fulfilling prophecy and will happen again because people absolutely expect it to.
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October 01, 2019, 04:16:52 AM
 #32

Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.
Firstly, BTC increases and pauses in any price and then the altcoins start increase, which is a situation we have experienced recently. Even this happened once or twice but we did not see it in other increases. This means that BTC is seen as more valuable and the dominance over 60% in recent months is another proof of this. Altcoins expect mercy from the king, but our king is merciless.
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October 01, 2019, 05:05:34 AM
 #33

No difference, on Altcoin and BTC halving, its standart halving for all coins.
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October 01, 2019, 05:57:04 AM
 #34


I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.


I'm agree with some of your argument above, but did you see the history of previous halving before ? all of them are following BTC movement. they are very strong. remember ETH price at 2017 ? that's was amazing ATH. I know this still speculation but right now are the best moment for buying alt and BTC. and there's no option except hold all of your portofolio. 

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October 01, 2019, 07:11:23 AM
 #35

Its expect that BTC will rise before the halving based on the past trends and with that people are also expecting that somehow it will have a positive effect on the altcoins market. Well, we never really know because past trends does not guarantee it will repeat in the future, but let's analyze it carefully and if we believe that its possible to happen, we should not miss buying the price at dip, especially for altcoins now that they are very cheap.

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October 01, 2019, 07:27:53 AM
 #36


I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.


I'm agree with some of your argument above, but did you see the history of previous halving before ? all of them are following BTC movement. they are very strong. remember ETH price at 2017 ? that's was amazing ATH. I know this still speculation but right now are the best moment for buying alt and BTC. and there's no option except hold all of your portofolio. 

If you look at the current conditions we can indeed buy some altcoin and bitcoin but however it depends on your own decision,
apart from that all I really hope that the price of bitcoin and altcoin can again increase

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October 01, 2019, 09:24:08 AM
 #37


I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.


I'm agree with some of your argument above, but did you see the history of previous halving before ? all of them are following BTC movement. they are very strong. remember ETH price at 2017 ? that's was amazing ATH. I know this still speculation but right now are the best moment for buying alt and BTC. and there's no option except hold all of your portofolio. 

If you look at the current conditions we can indeed buy some altcoin and bitcoin but however it depends on your own decision,
apart from that all I really hope that the price of bitcoin and altcoin can again increase

Bitcoin is declining Altcoin is increasing why is altcoin not following the rise of Bitcoin like it used to be?
I will continue to buy altcoin but not for long-term trading when it rises 5% and up, I will resell.

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FiiNALiZE
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October 01, 2019, 10:42:15 AM
 #38

What everybody expecting is the price of BTC will increase because of halving. When we view previous halving periods price of the BTC also increase sharply after halving.
If market behavior not changed, altcoins will crush at BTC pair during sudden increases at BTC price.

We can hope, BTC can go Stabil after sudden increase and the prices of alt coins can catch BTC.
Otherwise more dips are waiting to alt coins which are already at Dip.

I think that the prices of Bitcoin would tank more than it would go up. Long term it would go up of course.

 
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October 01, 2019, 10:53:27 AM
 #39

When investor want to trade or invest with altcoin maybe bitcoin season be end, until now still dominance of bitcoin than altcoin more than 70% and every day investor like keep invest and hold bitcoin than have use money for investing in altcoin, next month or at the end of year maybe the season or moment for altcoin.
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October 01, 2019, 11:20:58 AM
 #40

IMO alts are going to have a run before Bitcoin reaches a new ATH, but once Bitcoin starts its run then alts will drop from wherever they are. I expect some alts to die out before that run happens but many will see huge increases maybe even their own ATHs. 2020 is going to be exciting cor crypto.

We don't need to wait, majority of the alts is dead today, and some of them are being delisted anytime soon.

I think we already understand why bitcoin is the king of crypto, because all of the alts still depend on its price movement. Now we are speculating that the bitcoin halving will bring life to major alts. If that is our presumption then we should see another 6 or 7 months of alt bear markets, just saying. I'm seeing the alts will grow by 2020 but we need to look further at 2021.

R


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