ANALYST: ALTCOIN SEASON has almost arrived

[Natalim]

Other than some  top ranked altcoins that are somewhat up, most others are still near their yearly lows.  It will take a while before we see another alt season like 2017.

Which we really don't know when, being patient is highly required if you are an altcoin investors as being an investor our investment already suffered a lot.
Even if we have invested in major coins, they are also affected but I'm telling you, they are very cheap now and I think sooner they will rise because the bottomed was already hit, and slowly we might see some recovery leading to a major recovery of altcoins.

Don't know when the altcoins season will arrive but just like the old days, HODL and we shall be fine.

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[leea-1334]

I believe altcoin can but the fact that altcoin needs more and more support not only from the adoption but the fundamental too. We know that the demand gets centralized to the bitcoin and that makes altcoin feels so difficult to grow. Altcoin needs to leave the domination from bitcoin. Some altcoin can increase to the moon too.

Forget about adoption,,, altcoins just basically need to have bigger communities of serious users who together want to send it to each other, accept it as payment and actually make it a coin that can be used as currency. Yes currency, like Monero that at least has marketplaces to sue them. Not utility tokens,,, that people maybe maximum need one time every few months (file storage or whatever).

[Angrydwarfs]

Many people here buy coins because "its 10x since its ath". You buy a coin because is has utility and adoption (or starting to). Coins like neo,nem, maidsafe, xrp will slowly die over time, their prices are already dropping hard over the past year.

[longyenthanh]

Many people here buy coins because "its 10x since its ath". You buy a coin because is has utility and adoption (or starting to). Coins like neo,nem, maidsafe, xrp will slowly die over time, their prices are already dropping hard over the past year.

Prices were falling because people who had no idea about cryptocurrencies bought them, pumped prices and created a huge bubble. The real price is created by people who use cryptocurrencies. Their number is increasing every year and prices will also rise naturally. There is a place on the market for many cryptocurrencies so I'm sure that the ones you mentioned will rebuild their value with time.

[Kersh768]

Not yet still, in my opinion. Indeed we would see some increase when it comes to their market prices but I highly doubt that those changes would be enough to conclude that the uprise for Altcoins has already started. We should be patient still and avoid making absurd assumptions because it might bring danger to other people by encouraging them to invest as this early and regret it eventually.

[bustedsynx]

I think I  said this before. Altcoin season will not come unless Bitcoin is clearly in a bull market. Most people are afraid all coins will just die. They don't really believe in crypto. Even Bitcoin maximalists fuds altcoins saying all altcoins will die.

[Ziskinberg]

I think I  said this before. Altcoin season will not come unless Bitcoin is clearly in a bull market. Most people are afraid all coins will just die.

Right now, it's what's going on their mind because they felt the current situation but I know it will change as the market changes too.

They don't really believe in crypto. Even Bitcoin maximalists fuds altcoins saying all altcoins will die.

This is wrong, if they don't believe in crypto, they also don't believe in bitcoin, but its not what I am seeing,  what I see is that people believe more on BTC than the combine altcoins as we can see on the dominant rate of BTC.

When in altcoins season, people will say - Altcoins will moon.
When in bear market, people will say - Altcoins will die,...

see the pattern?

[BartS]

I believe that bull run and alt seasons will happen next year. Dont expect too much on crypto this year rather buy your favorite coins while the market is experiencing  downside.

This year despite the current trend was positive for the market, 2018 was a terrible year and many thought we will never recover from it, but during this year we saw bitcoin and many altcoins reaching very high prices.

But since then the price has gone down, but there is no need to be afraid during the next year we will experiment the halving and in the case that is not enough to push the price of bitcoin up we can still take advantage of its low price and buy it and wait until the price recovers again.