CarnagexD
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December 20, 2019, 03:10:53 PM |
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Lol, I bet you're hoping that some of those altcoin traders will register on Kucoin—one of the exchanges known for hosting poor liquidity shitcoins that are liable to pump and dumps.
Any exchange with such a lax listing procedure should be boycotted, since a huge number of people lose their money due to investing in absolute trash coins that are newly listed on Kucoin.
And no, it's nowhere close to alt season, what part of losing 90-95% of value in the last 24 months makes you in any way, shape, or form bullish on altcoins? You would need to be seriously delusional to start investing in altcoins right now.
Since after 2018 I lost my confidence on investing and trading on altcoins coz that's the time when there are bunch of projects that has a low goal some projects even have a poor quality whitepaper that escaped the offerring stage with newbie investors. I invested on Konios Token (KON) that is listed on HitBTC but due to low trading volume it delisted and nowhere to find now. Honestly there are just only not above 10 altcoins that is worth engaging now, what is left is just a pure crap.
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jcpone
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December 20, 2019, 03:38:25 PM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkFor me it doesn't matter if the altcoin season or not. As long as you are getting profit in the actual trade you made, that's I could say you are a good trader because you obtain to gain, because even it is bull run but your not getting any profit in it due to you don't have any hold coins during the price was cheap it is still useless I think.
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jakelyson
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December 20, 2019, 03:53:59 PM |
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The price of altcoins is also greatly affected by the price of bitcoin. The price won't get high if bitcoin is down, just like right now. So even if altcoin season, as you mentioned, will arrive, it may not have great effect on the price of alts.
Also, most alts are just shitty coins. Just a few coins will be able to take advantage of bitcoin losing dominance.
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Fappanu
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December 20, 2019, 03:57:09 PM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkMaybe but not all altcoins because some altcoins will fall especially useless coins, And some experts says when altcoins season arrives many will decrease futher and they will die. So invest only on reputable altcoins and also on coins that have usecases
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HabiebRiziq
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December 20, 2019, 03:58:08 PM |
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Compared to prices before the last fall of the bitcoin, this increase is not enough. While ethereum's price was around $140 before the fall, now it is $128, but the price has increased by 2% in the last 24 hours. As if the market is cheating on us, there are always such small increases, but decrease interest is more active. Personally I cannot see a sign that the altseason is coming, altcoins can do better than that.
You could say that only a slight increase makes us have predictions that the coin will continue to increase, but instead what happens is a decrease and decrease is greater than the increase that occurred. For the altcoin season I don't think it will come anytime soon, for me personally 2020 will be a difficult year for people who are in cryptocurrency.
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beliomir
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December 20, 2019, 04:00:13 PM |
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I think that the market has changed and there will be no such growth as it was in 2017. Only worthy projects will grow
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killerfrost
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December 20, 2019, 04:04:16 PM |
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Right now altcoins are hard to grow like 2017, so don't expect it to happen again. Bitcoin price is fluctuating and altcoin always collapses when BTC price goes up or down. Honestly, those who hold altcoins should set a lower target and sell them as soon as possible, investing in BTC and ETH is enough.
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Gotumoot
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December 20, 2019, 04:06:22 PM |
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I think that the market has changed and there will be no such growth as it was in 2017. Only worthy projects will grow
Yes because altcoins season on 2017 are just only hype by ICO campaign and now as you said only legit and trusted project will grow, and also reputable altcoins like erhereum, litecoin, xlm will increase price when bitcoin bull run start.
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kannikaamudee (OP)
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December 20, 2019, 04:18:33 PM |
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What we see now is fake breakout, do not be greed, price will again dump. Why I know this? Because charts never lie. So at first we need find the bottom then we can think about an altseason. we should buy more alts now before altseason. but i think it's only for select few tokens/coins not all will experience a great pump
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ansi
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December 20, 2019, 04:34:08 PM |
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I wont' be so optimistic about that. People are hoping the same scenario of later 217 & first 2018 would happen again, but i don't think it's gonna happen with the same RI multipliers for sure.
Crypto communities should be aware that what happened back then made some coins market cap huge enough not to make them as profitable as before (XRP, Neo,...).
You guys should focus on small market cap coins with great team, those are your real hidden gems (like Hedera)
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bitcoinworld1982
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December 20, 2019, 05:34:09 PM |
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It is very unlikely that alts go to some consolidating price untill Feb 2020 as history suggests.Another significant point is the BTC dominance .BTC dominance is more than 66% from past few months and it will remain so untill BTC halving point.I have lots of Alt coins and i am keeping them till B halving point
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Mianae
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December 20, 2019, 05:46:40 PM |
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In my opinion, Altcoins season is very far away from today or this year. First the fate of bitcoin has to be established, there has to be a major rally in bitcoin market before altcoin season can take effect. Bitcoin rallied from 3k to 14k, Altcoins had no move in price.
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aomakun
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December 20, 2019, 06:28:14 PM |
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bitcoin prices haven't shown a good move yet, so I think the altseason will come much longer. and now we can see the price of bitcoin which is still in a bad move. and as long as bitcoin hasn't shown a good price then the altseason will come even longer
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nxnqauff
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December 20, 2019, 06:34:39 PM |
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Do you think so? I doubt it. Bitcoin dominance is 60% is fine. But check the price of BTC as compared to its all time high. I get the sense of altcoin season only when when BTC successfully crosses 10K and holds it for some weeks atleast.
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judaspriest
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C O M B O
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December 20, 2019, 06:49:53 PM |
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I have long been telling everyone that the altcoin season is very close. Moreover, I believe that it has already come because every day we see a large number of coins that increase in price by 40-50 percent and smart people use this time and earn very good money. This altcoin season will not be the same as in 2017.
indeed the upcoming altcoin season will not be the same as 2017, but it does not make me worry at all, I have bought waves at 25k satosi, and now the decline is very sharp, the price is now at 12k satosi, I'm still waiting for the waves to 50k satosi when altcoin season comes
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iamaruf
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December 20, 2019, 06:53:51 PM |
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I don’t think so.Altcoins season not arrived yet.altcoins now trying to survive.BTC dominance is not big fat,I think btc dominance rises mean altcoins dominance down.If altcoins dominance rise then we can call altcoins season is arrived.
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anjiitem
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December 21, 2019, 02:43:02 PM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkFor me it doesn't matter if the altcoin season or not. As long as you are getting profit in the actual trade you made, that's I could say you are a good trader because you obtain to gain, because even it is bull run but your not getting any profit in it due to you don't have any hold coins during the price was cheap it is still useless I think. It's true, as long as we can make a profit from trading in cryptocurrency it's already a good thing. Although we know many people who hope that the altseason occurred in the near future or arguably occurred the following year. But we do not know what will happen later, it could just happen and it could be precisely what we hope to only be a hope and it is true that it is better to focus on how we can survive and make a profit from cryptocurrency in any condition.
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cytpoway121
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December 21, 2019, 02:54:15 PM |
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I do not understand the alt season you are referring to Because since 2017 when there was massive bulls; there has been none other
If you say; few altcoins will moon and have a bull run only then can I agree with you Dyor and take your mind off altseason
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kaneki007
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December 21, 2019, 04:01:07 PM |
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I hope so too because I have held many altcoins from bounty campaigns since the end of 2017 (I really miss these days) and am still waiting for the right moment to sell all my altcoins and invest in bitcoin.
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johnwest
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December 21, 2019, 04:09:40 PM |
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Alt season is still not here and we may not see one until the Bitcoin halving comes near. Once BTC goes to its peak values, alts usually follow it in a similar fashion like last year. There are some projects which I am having my eyes on and holding for the season.
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