💩 We are now in the “shitcoin” season? 💩

[youdacapt]

3. 2019-2020  ALTseason market cycle officially birthed
2019 showed all ALTs loss to the BTC bull.
2020 will show all ALTs gain in the BTC bear.

It is a pattern that will be perpetual and conventional from 2020 ever after.

also @Kvalentine
The 2020 halving Bull  has come ran up and NOW is DEAD.
This dump into $6000 is solid proof.

for 2019 I agree, but in 2020 and above you can see how many new things that seem like diseases that have always been cured in the previous period, cannot be compared with just based on the graph, maybe we will meet with "Qualitycoin" Season for some next session.
$ 6000 is valid evidence for the preparation of stronger rocket forces in 2020-2021, we also need to think of a momentum reversal strategy.

[btc_angela]

I guess entering 2018 and now 2019, it's really hard to make money in this market unless you can ride the pump and dump schemes of most projects. And the only catalyst for this market is to wait for the bull run after halving, circa 2020++. Right now I would say that we should ride out this bear market but then prepare to invest when the bull run arrives.

[Kemarit]

Shitcoins will be shitcoins no matter what season we got in crypto sphere. Its that in a bull market, those shitcoins can hide and camouflage themselves because there's a lot of irrational buyers and it did good to the market at certain times because of liquidity. But shitcoin are going to be exposed, and the sooner we identify a shitcoin, the better it is in the long term because we all know that they are just clogging the cryptosphere with lots of promises, but in the end they just suckered the hell with inexperienced investors.

[rhomelmabini]

My argument is that naturally invites BTC holders to play ALTs because BTC will be boring and bearish but mostly flat and sideways for +33 months.

That's pure speculation mate you don't have all the market sentiments to say that, sometimes technicals don't always predict the way it is, it just a guide after all. Don't panic you'll lose more and better you haven't buy those shitcoins if you don't understand them or right now you can look for another strategy maybe try fundamentals.

[Davian144]

No we are not, if you take this seriously and end up selling your altcoins you will regret later on, you think this present market just happened for fun? no pal, you need to open your eye, i smell nothing but manipulations

What smell do you smell buddy? because not everyone is having fun in the market today, even though many people have had fun through the past market, and everyone has a different view when they start to open their eyes, regardless of whether they are serious or not serious.

[masterzino]

It's not exactly “shitcoin” season. There are good alt projects, for example, EOS eco-system, NEXO lending platform, NPXS POS terminals. But I retain myself from buying new alts. Currently, it will be hard for any new ICO/IEO to thrive.

Most of the stablecoins are OK, except Tether.

[seleme]

It is not concrete which season is actually in the crypto markets, everyone has a different view on the recent market trends. The altcoin season is not possible in case of dumped Bitcoin price and the dead volume almost on all altcoin pairs. The shitcoins are traded by the small traders on low volume exchanges which have no interest to make something useful for the world and crypto industry.

[samuraijin]

I agree if the bull comes in 2020 next year, if the bull dies in 2019, don't we at the beginning of 2019 have seen a high rise until the middle of the year, my shitcoin season has left my job as a bounty hunter, sometimes sometimes I still play some interestingly, I collect shitcoin too much, so I can only wait for the time when shitcoin becomes valuable in the future

[iamaruf]

No we are not in altcoin season.altcoin is surviving now.this situation is bad for altcoin. Many altcoin failed and few of them ran away. Better to invest in altcoins wisely. If you don’t have enough knowledge then buy btc. Though I am trying to make profit from altcoin.        

[IvugeoEvolutionCoin]

I guess entering 2018 and now 2019, it's really hard to make money in this market unless you can ride the pump and dump schemes of most projects. And the only catalyst for this market is to wait for the bull run after halving, circa 2020++. Right now I would say that we should ride out this bear market but then prepare to invest when the bull run arrives.

The market hasn't been at its best this year but we traders still make little gains at least on weekly basis. Just waiting for bullrun to come is not really the best idea IMO, even though to be extremely safe its ideal. I do take reasonable risk, reason why I trade with little profit; sometimes I take 10% profit for example and I always set my stop loss. Also I trade mainly on USDT pairs, even though I'm holding BTC.

[goaldigger]

Whatever you call it, it is very clear that altcoins struggle a lot this year.
Though at the current price, we can say that BTC is recovering or recovered a bit, but we don't know what will be its price by the end of the year.

After we reach like $13k this year, we are struggling at $7k now, its close to 50% drop from its high this year, but are we surprise of that? No, because its been very unpredictable for the past year, and our only chance now is to see a bull run so this market will be revive, I am talking of BTC and altcoins market, hopefully that would happen next year,............ and voted for it.

All coins are struggling from making another bull trend yet we are still hopeful for that. The drop of every coin tells us that this market remains unpredictable despite of a good trend on bitcoin before. There are so many negative news and the recent hacking incident affects the market, let’s be more positive for the trend next year.

[crossabdd]

this is a decentralized system. for which there are no rules. there is no law, and there is no control. so the growth of the scam is very large. and this is one of the reasons we are in the shitcoin season. hikes in 2013 - 2017 all altcoin is very good. movement can be seen. predictable patterns. news can be a reference. because shitcoin is very small. 2017-2019 is a bad season for altcoin. projects that come like weeds that have no use, but destroy crypto. yeah so bad.

[shadowdio]

Seems the altcoin season is no longer to happen this year. Well instead of waiting to recover the market why don't we grab some more cryptos and hoping the market can make miracle someday, just buy more and hold.

[barnes13]

Are you tired of the fluctuation of cryptocurrency? If you have been here a long time, this is normal, dude. If you want to continue to expect this to go according to everyone's wishes and keep going up, then it's rather impossible. Let it run naturally according to market demand. We cannot force the price of all coins to continue to rise. If so, in fact everyone will be suspicious of this and maybe they will instead leave cryptocurrency.

[btcdie]

This year
- pump & dump
- too many scammers and investment victims
- Altcoin is struggling
- many projects were abandoned
- Shitcoin (for several reasons)

the conclusion is that at this time the new project has no potential and altcoin is struggling. Seeing current market conditions, investors are more prepared to invest in Bitcoin. Trends bear on bitcoin due to bad news lately, and Google is reportedly also going to release new coins (but that is only an issue). Maybe at least next year Bitcoin halving helps the market situation, it might have an impact in 2021-2023. Altcoin season will come maybe if the price of Bitcoin is stable and Ethereum 2.0 might have little effect.

we wait :V

[Soots]

Are you tired of the fluctuation of cryptocurrency? If you have been here a long time, this is normal, dude. If you want to continue to expect this to go according to everyone's wishes and keep going up, then it's rather impossible. Let it run naturally according to market demand. We cannot force the price of all coins to continue to rise. If so, in fact everyone will be suspicious of this and maybe they will instead leave cryptocurrency.

In response on that statement, I am confident that I am not tired of the fluctuating behavior of cryptocurrency. There's no need to worry all about, if you're just making crypto as your part time income. Sadly for those who can't control their frustrations, this is crypto and we need to wait for the price establish back a strong position.

[BeManga]

there a chance that altcoin season will happen next year if the price of bitcoin rise in the next halving and its only applicable to the good coin with a dedicated team and large community but the risk is so high and there a chance that you will lose all your money because we can't predict which coin will survive in the next bull run.

[inthelongrun]

Take a look at the previous years. There is not shitcoin season when bitcoin is dropping hard. When bitcoin drops hard, it means many are taking out money in the crypto market including shitcoins. Bitcoin is always takes the lead in the crypto market, shitcoins are still too dependent on bitcoin movements. Shitcoin season occurs when the bitcoin market stabilize and movements are too slow. Investors wanted some action and shitcoins are likely their option.

[robelneo]

It is nice to see how people are upset about the situation in the market.
You bought altcoins because you believe that in the future these altcoins will have a value. In the future, not now. This is called speculation and not investment. So wait when you've already bought altcoins.

Yeah, I'm surprised that people are giving up this early when a lot of great things are happening right now, why not extend your patient, past halving has brought a lot of great things and achievement for all of us and the next halving will give us many more achievement, we should be positive, after the halving there will a purge in the market, where these shitcoins will be out for good.

[Zdraste16]

The way the cryptocurrency market is behaving now is one of the development options and it also needs to be taken into account when dealing with electronic assets.  You are most likely very concerned about this market behavior, but there is nothing to worry about.  Be patient and maybe you should consider investing in top coins now.  The situation has it.