Altcoins vs BTC halving

[hulla]

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.

The price of falling along with the bitcoin market is logically because when the head is affected other parts of the body are also affected which is what happening but that doesn't mean all altcoin will experience an increase in price when bitcoin surge or slightly stable in price.

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.

The kind of trend we are going to see in the altcoin when it almost bitcoin halving is slightly and simultaneously surge in price while bitcoin experience the highest surge just like the previous block halving occasion. Mind you, we can't know the actual range bitcoin will claim when it halving but it will definitely surpass the previous ATH.

[SummerBliss]

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.

I don't think Bitcoin halving will be beneficial for altcoins. The event is solely related to Bitcoin and may bring instant jump in Bitcoin price by 30-40% or even more. Whereas altcoins are rather expected to hold their values in terms of USD but may fall in terms of BTC value. So it is advisable to hold Bitcoin rather than distributing portfolio is other coins for now.

[TinaK]

Bitcoin as well as altcoins has the same market tendency when there is halving effect fall down.
Normally whenever halving falls that time we can see the huge bump and big market circulation on every cryptocurrency exchanges.
Try to invest on halving time do not mind whether it is Bitcoin or altcoins all the effects mostly same.

[udidrone]

If me, before bitcoin halving i will sell my altcoin to bitcoin and hold it. Maybe not suggest people to do it, only share what i will do. Because when bitcoin halving come, anything can be happen. But in my mind, people will sell their altcoins to hold bitcoin. That is why i do it before it is too late. At least if it is really happen, i get better price before it dumped more than now.

[Vitamin_52]

halving bitcoin is around the corner, but after the split rewards for the block immediately do not wait for the rise of bitcoin and altcoins. I think the rise after halving will start after 6-12 months. then we will see what the cryptocurrency is capable of (growth is inevitable)

[dataispower]

Bitcoin halving is the trending talk in crypto space, everyone is expecting a price soar for BTC just before the halving and wondering what will be the fate of altcoins. For me, I think altcoins will drop in satoshi value but might still rise in dollar value if the increase in dollar value for BTC is high.  Well, nobody predicts the market 100% hence my point is mere assumption. Altcoins without BTC pairs might be slightly affected anyways, let's see how it goes come next year.

[bright4mech]

Bitcoin can not be compare with alt-coin in the crypto industries, because bitcoin is a number one coin and has more prospect in a future used than Alt-coin, therefore i prefer having a BTC than any other coin.

[Iyeman]

Already the whole market is at the bottom. It is time to start a tremendous growth. We’ll wait for the guys soon soon. A dump cannot be forever.

Do you know that? the big growth will not come until the crypto market will be trusted again by speculators to put their money. A dump can't be forever but it can be so long that what we have already expected.
That's enough to say the market is still in the bearish trend. im glad to see a little recovery but that's not enough.
A thing that is really needed by the market is great news from bitcoin. FOMO will never come without big news.

[yulionoo]

the crypto market today is very difficult to guess we all know halving bitcoin will happen soon but the current crypto market turmoil is very volatile and very unmanageable even though good news will come out a few days ago but bitcoin is still undergoing correction again . if in my opinion maybe bitcoin will be able to become x5 or even x10 when halving is already there is just a matter of days and for altcoin i still doubt it will be able to give more advantages than we have bitcoin why? because it's been a few months we see altcoin is very difficult to develop unless they have a good update maybe some large altcoin can provide enough profit to us like ethereum etc.

[sodiik]

Bitcoin domination looks like market manipulation. I saw the price of Bitcoin pumping very high, but suddenly the price dropped very quickly. And it makes sense when altcoins do not experience the growth as we expect. Even with the dominance of Bitcoin, Altcoin prices declined.

In this month there may still be a decline in Bitcoin and altcoins. And entering the month of November I hope Altcoin has begun to experience growth. The market is very difficult to predict, but all that can happen in crypto.

[rodel caling]

I myself also confused why this happened to Altcoins, but I Yaki entered in October Altcoin will at least return to rise above 20% of the current price, if we still have better money buy again because the price of altcoin is already very cheap. I am commanding to buy Eth, BNB coin, LTC, XRP, XLM, that will hold for future investments. Hopefully the year-end Altcoin price is back.

Yeah that is true mate is very surprising and confuse right now the altcoin trends uprise, and your also correct this time to buy and grab the opportunity to invest in altcoins specially ethereum. Because yoour correct it's possible altcoins begun to become expensive after the cheapest price.

Bitcoin domination looks like market manipulation. I saw the price of Bitcoin pumping very high, but suddenly the price dropped very quickly. And it makes sense when altcoins do not experience the growth as we expect. Even with the dominance of Bitcoin, Altcoin prices declined.

In this month there may still be a decline in Bitcoin and altcoins. And entering the month of November I hope Altcoin has begun to experience growth. The market is very difficult to predict, but all that can happen in crypto.

Maybe you had point is part of market manipulation, but it's hard and difficult to give conclusion the trends of altcoins price increase, I think that is part of the crypto volatility fluctuations.

[dirgayeah]

Bitcoin can not be compare with alt-coin in the crypto industries, because bitcoin is a number one coin and has more prospect in a future used than Alt-coin, therefore i prefer having a BTC than any other coin.

Why it can't be compared bro? Are you just seeing in price perspective?. I'm really hope crypto adopt can be implemented soon. And this is crypto ecosystem, so each crypto have their own benefit. Just keep support to each other. 👍