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Author Topic: Has alt season started?  (Read 1226 times)
cribusen
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October 27, 2019, 01:29:24 PM
 #61

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.

No, I do not believe that altseason has arrived. Just look at the market, during altcoin season the major altcoins are doing x2 over several days, while BTC is staying stable. Right now the opposite of altseason is happening.
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October 27, 2019, 01:57:25 PM
 #62

Ah.. It's now time to use one of my most favorite crypto memes ever.



Source: Twitter

Answer: No. You're going to need a lot more upside from here to be able to call it an "alt season".      ..assuming we're going to get another one lol



I bet this memes answered the question of OP very well Cool there is no sign of altcoin season based on the market movement and even if we see some coin that goes up, it's not enough reason to say that altcoin season is started because I think that it just happen due to the sudden pump of Bitcoin in the last couple days.

 
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October 27, 2019, 03:11:03 PM
 #63

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
Alts almost dead, so it's not going to wake up earlier. I had not see that kind of bad situation regarding alts after join with crypto-currency. Yea, you may buy before winter since there is no possibility to bump within couple if months. You may take your time, and manage fund. Although I am not hopeless, but alts holders are spending very hard time. Even me, my portfolio dump more than 8X but still holding. So this is season of buy altcoin, on the other hand you can say alt season. Because seasonal fruits or vegetables found cheap on every country. Since alts are cheap we are on alt season.
I just like to invest in good altcoins in this market and tend to increase during this period to ensure the best profit. Currently there are not too many opportunities to make money in this market because the risks are now great and the volatility of the market will make you spend a lot of time to wait. I think only choose the top 5 coins because if Bitcoin increases then those coins will tend to increase together.

The dominance of Bitcoin has prevented many alts from achieving good prices and the downtrend is still overwhelming this market so there will not be many opportunities for alts.
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October 27, 2019, 04:04:11 PM
 #64

now there are already signs of an increase in the price of bitcoin and yesterday the price of all cryptocurrency many experienced price increases and in my opinion this is like the first step to starting the altcoin season, hopefully this will really happen and can make many traders feel the fresh air again.
Even BTC had gained some momentum, I think it would be too early to assume it as the beginning of the alt season. However, some of the alts had shown some increment along with the increase of BTC still, I think it would take more time for alts to get back on track. If BTC continues to grow like this I guess we can soon expect a bullish trend hitting the alt-market too...

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October 27, 2019, 04:07:40 PM
 #65

Alt season could have started already with Ethereum regaining losses from previous days. But we will have to wait for Bitcoin to break the old resistance at $13,500 before we really see some altcoin season.

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October 27, 2019, 04:17:39 PM
 #66



You wouldn't know altseason has started already until you later realize you can't buy TRON for $0.01 its the same thing with BTC. You have no chance of seeing BTC to have bottomed out already until you see it didn't drop to $3k again. Of course you could have bought 3BTC with your $10k but now you can only have 1BTC with your $10k. Just something you may wanna think about because its the same thing as you can't buy ADA right now for $0.02

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October 27, 2019, 04:50:09 PM
 #67

Alt season could have started already with Ethereum regaining losses from previous days. But we will have to wait for Bitcoin to break the old resistance at $13,500 before we really see some altcoin season.
the altcoin market must indeed be supported by the power of bitcoin. but we must remember that when bitcoin rises very high it is also not good for the altcoin market. therefore when you see the movement of bitcoin together with altcoin in this market is very good. that means the altcoin market response to the growth of bitcoin is synchronized. when this can continue and growth can be maintained then the altcoin season can be run.
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October 27, 2019, 04:53:46 PM
 #68

I don't see much happening to altcoins even after BTC jumped up by 30% which was BTC's third largest jump. Last 2 such appreciation in 24 hrs happened when Bitcoin's price was in single digit. Usually after such a growth, altcoins follow the price movement. But nothing much has happened in alt market. Rather the volume is shifting towards Bitcoin with Bitcoin gaining more and more dominance. I doubt we will able to witness alt season like one we had in 2017. That time people were not really well versed with the market dynamics. Since, we all have seen that cycle of pump and dump in altcoins. I don't think people will again trust altcoins for long term investments.
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October 27, 2019, 06:14:42 PM
 #69

Ah.. It's now time to use one of my most favorite crypto memes ever.

Source: Twitter
Answer: No. You're going to need a lot more upside from here to be able to call it an "alt season".      ..assuming we're going to get another one lol

I bet this memes answered the question of OP very well Cool there is no sign of altcoin season based on the market movement and even if we see some coin that goes up, it's not enough reason to say that altcoin season is started because I think that it just happen due to the sudden pump of Bitcoin in the last couple days.
that's so funny meme, i laught at it.

but, i wanna highlight something. if we wait coin to increase so hard, then we called altseason, we would lag that altseason
so, even small increase doesnt mean that altseason started, but we have to keep an eye to watch in order to not lag altseason

 
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October 27, 2019, 06:28:05 PM
 #70

Start accumulating for altcoin season.
Its a good time to trade with altcoins, we may not consider it an altcoin season the projects today are good to dump that you can gain with coins you just bought yesterday. If you have bought about 23k of TRON yesterday and you sold today, you earn few bucks without having to make some shillings anymore. Waiting for the price to dip to 100 satoshi, you are good to buy back.

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October 27, 2019, 06:46:14 PM
 #71

Alt season not started yet, but give the signals that it will start Soner not later.

The movement of BTC was unique, never see that much price pump in a short time.

Now alt coins are mostly green. If we can go green a few more days we can start to speak about alt seasons and make ready for lambo
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October 27, 2019, 07:04:10 PM
 #72

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.

I don't believe so.

I think these altcoins are just following bitcoin's uptrend, as usual. As long as bitcoin's dominance is this high, i believe altcoins will always just be directly correlated to bitcoin's price. To back this up, all you need to do is look at the historical charts, only bitcoin has retained it's value (and even with some gains) compared to some altcoins out there that have lost almost 99% of their value.

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October 27, 2019, 07:30:12 PM
 #73

Alt season could have started already with Ethereum regaining losses from previous days. But we will have to wait for Bitcoin to break the old resistance at $13,500 before we really see some altcoin season.
the altcoin market must indeed be supported by the power of bitcoin. but we must remember that when bitcoin rises very high it is also not good for the altcoin market. therefore when you see the movement of bitcoin together with altcoin in this market is very good. that means the altcoin market response to the growth of bitcoin is synchronized. when this can continue and growth can be maintained then the altcoin season can be run.
yes we can't deny that, look at the pump that happened where the bitcoin pump is so far from the alts that it can be assumed that the alts season hasn't really started so far even though we get a bit of recovery in every alts, but that's still not enough to say the season alts begin. let's wait until next month, and if in the next month the changes continue to be positive then surely that is a good start even for the crypto market

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October 27, 2019, 07:38:19 PM
 #74

I don't think the alt season has started... maybe it will come by the end of the year/beginning of 2020, before the halving...
I'm waiting for it for so long, that I gave up making predictions... but it will come my friend... we just need to hold on

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October 27, 2019, 08:40:47 PM
 #75

Alt season not started yet, but give the signals that it will start Soner not later.
what signal do you mean?

Quote
The movement of BTC was unique, never see that much price pump in a short time.
it means strong bullish in bitcoin. but it doesnt mean in altcoin too

Quote
Now alt coins are mostly green. If we can go green a few more days we can start to speak about alt seasons and make ready for lambo
if see the market, compared green and red, so the red is more than green. it wouldnt indicate that altseason has begun
altseason means that altcoing is growing up continously, simultaneously, and ofc increase its market capitalization
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October 27, 2019, 08:57:41 PM
 #76

Alt season not started yet, but give the signals that it will start Soner not later.

The movement of BTC was unique, never see that much price pump in a short time.

Now alt coins are mostly green. If we can go green a few more days we can start to speak about alt seasons and make ready for lambo

does you need more confirmations to make sure if signal valid ?
people should understand about supply and demands zone, sometimes when the price down and hit the demands zone
the price will jump hard, this zone will pull the trigger buddy

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October 27, 2019, 09:16:28 PM
 #77

I hope it starts soon, found some promsing projects so going to start filling bags now.
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October 27, 2019, 09:34:18 PM
 #78

I hope it starts soon, found some promsing projects so going to start filling bags now.
Are you talking about the projects you started  Tongue, if you think you found the perfect projects to invest let everyone know about those so that everyone can see that and analyze those and one advice to you is that i have seen this market for a very long time and experienced many scams in the market and my take on that is be careful what you invest as you can be the bag holder of those coins if you are not careful with your selection Tongue.
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October 27, 2019, 09:37:31 PM
 #79

Alt season not started yet, but give the signals that it will start Soner not later.
what signal do you mean?

Quote
The movement of BTC was unique, never see that much price pump in a short time.
it means strong bullish in bitcoin. but it doesnt mean in altcoin too

Quote
Now alt coins are mostly green. If we can go green a few more days we can start to speak about alt seasons and make ready for lambo
if see the market, compared green and red, so the red is more than green. it wouldnt indicate that altseason has begun
altseason means that altcoing is growing up continously, simultaneously, and ofc increase its market capitalization

That means red is more dominant than green right now, so it perfectly not showing any altcoins season. It went so unpredictable to see it going to happen further, because it has no proper demand compared to what's happening with btc lately. We're seeing bitcoin built up a progressive market but that was opposite with what's happening to altcoins.

Bitcoinjheta
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October 27, 2019, 10:14:27 PM
 #80

Having a 4 days of green market i can't speculate that alt season has started. It happens all coins were following the increase of bitcoin because of a good news of China carries a lot of hype. I don't see any proper demand and supply which they have reason to pull the trigger into alt season.
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