bitkanu
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December 27, 2019, 10:09:59 AM |
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I think we need to stop waiting for altcoin season. We need to look at the situation more realistically. The long-awaited running of the bulls already looks like some kind of fairy tale. Don't hope for that.
True, I'm still not sure if the altcoin season will arrive again, because waiting for the altcoin season is a waste of time, because what has happened in previous years will not happen again in the years to come. Exactly, mostly waiting for altcoins season to arrive long. Instead of waiting for it why not invest some btc when price still low. There is no guarantee for that altseason to arrive but since crypto is volatile still there is a possibility for it to increase in the market. when all are focused on bitcoin, altcoin still has to wait its turn, and even then I think altcoin has a large community that can feel it. so I think if altseason is really present, I think only some will experience a surge unlike 2017, which almost everyone feels So many parties created their ownc rypto and they are choosing that decision rather than buy native crypto. the altcoin season will not happen until there will be a big pump from the whale but when it will happen. none know about that even when you are focused to the bitcoin doesn't mean altcoin will get the bulltrend for sure.
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cryptoloverlife
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December 27, 2019, 10:23:55 AM |
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I think we need to stop waiting for altcoin season. We need to look at the situation more realistically. The long-awaited running of the bulls already looks like some kind of fairy tale. Don't hope for that.
True, I'm still not sure if the altcoin season will arrive again, because waiting for the altcoin season is a waste of time, because what has happened in previous years will not happen again in the years to come. Exactly, mostly waiting for altcoins season to arrive long. Instead of waiting for it why not invest some btc when price still low. There is no guarantee for that altseason to arrive but since crypto is volatile still there is a possibility for it to increase in the market. Yes, you are right, even Bitcoin fluctuation seems to be very high and of course, it is very good to grab the Bitcoin at the current level. It will take many days to recover the prices of altcoin because altcoin market seems to be in a downturn. It is best to grab when the altcoin prices are going down.
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leea-1334
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December 27, 2019, 12:42:35 PM |
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Speaking of Bitcoin Dominance. What I observed lately is there's no something big price action made on Bitcoin even the Bitcoin dominance continues to rise up. If you take a look, especially when last April, the Bitcoin Dominance broke out, that's the time when we broke around $5,000. So what I can see now is we are again starting to make another move upward (positive for me), unless if we don't break below $5,000. This Bitcoin Dominance is quite strong now, and I can say, it's difficult for altseason now.
Why are we talking about big price action and Bitcoin dominance? Every time we have witness Bitcoin dominance climb, it is actually Bitcoin having weaker price action compared to when it moons,,, because when it moons, altcoins tend to moon even bigger! Think about this whole year dominance going up as Bitcoin price goes up slowly compared to when Bitcoin went boom in 2017. Or do I remember this differently?
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Kersh768
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Freshdice.com
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December 29, 2019, 03:16:46 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-btctkWe must not cheer up for the Altcoins to shine and rise its price but we must also do the same thing for Bitcoin as well due to the fact that those two cryptocurrency are really beneficial for us once they both rise up together as one because I do believe that we people in this forum do not just momentarily invest and purchase Bitcoin but we do also get into Altcoins as well. But believing into the thought or idea that Altcoin season will soon to rise was awesome and really an optimistic kind of thinking to have right now just to loosen up the stress of the market which is still currently down. But let us see what can certainly happen in the near future if Bitcoin's dominance will take a long term or the rise of altcoin season will come. In my opinion, no one can certainly say but let us just hope for the best to come.
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wxa7115
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December 29, 2019, 05:01:21 PM |
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Speaking of Bitcoin Dominance. What I observed lately is there's no something big price action made on Bitcoin even the Bitcoin dominance continues to rise up. If you take a look, especially when last April, the Bitcoin Dominance broke out, that's the time when we broke around $5,000. So what I can see now is we are again starting to make another move upward (positive for me), unless if we don't break below $5,000. This Bitcoin Dominance is quite strong now, and I can say, it's difficult for altseason now.
Altcoins have been suffering for a very long time and now they can fall by a maximum of another 50 percent, but this does not scare me anymore. I think that now you can safely buy altcoins. it is obvious that the dominance of Bitcoin will change itself sooner or later, and it will turn out to earn great money from current prices But if you believe there is a chance that altcoins will go down in value another 50% then why you think you can buy altcoins safely? This is not the moment to buy altcoins, leave them alone and let us see if their incompetent developers finally get that the days of getting easy money out of investors are over and they need to work really hard to gain their trust again. The market conditions are not suitable for an altcoin season, despite the price of bitcoin going down for months most people are still not interested in buying altcoins and with good reason since the halving is getting closer and many believe the price of bitcoin will skyrocket at that moment.
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cassavachips
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January 01, 2020, 05:06:51 PM |
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Bitcoin is already dominating but several times the altcoin season does not occur and continues to plummet, I think the current situation is completely different from the previous few years and it is indeed difficult to analyze, but I will also still hope that alt season will happen soon.
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jacafbiz
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January 01, 2020, 08:49:29 PM |
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I doubt the ALtcoin market can move in isolation of Bitcoin. The way things are now the whole space is waiting for the Bitcoin halving and from a source I was told that some of these developers have started dumping their tokens for Bitcoin, they want to take full opportunity of the coming halving, when BTC pump, Altcoins would then follow
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pealr12
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January 01, 2020, 11:42:07 PM |
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Only few altcoin will celebrate thier season and for some shitty projects that doesnt contribute in crypto they should be eliminated. Bitcoin must go down a liitle bit more to take out those projects with no working product.
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d3nz
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January 02, 2020, 12:32:10 AM |
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I think we need to stop waiting for altcoin season. We need to look at the situation more realistically. The long-awaited running of the bulls already looks like some kind of fairy tale. Don't hope for that.
True, I'm still not sure if the altcoin season will arrive again, because waiting for the altcoin season is a waste of time, because what has happened in previous years will not happen again in the years to come. Exactly, mostly waiting for altcoins season to arrive long. Instead of waiting for it why not invest some btc when price still low. There is no guarantee for that altseason to arrive but since crypto is volatile still there is a possibility for it to increase in the market. Even though, altcoin season will not arrived we can still take advantage of the crypto market since some of them are good for day and long term trading just like Vechain. I didn't expect that it will jump from 30sat to 90sat+ which is great and gain a lot of profit of it. And i can only suggest to trade only those altcoin that has potential and more investors from an exchange.
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magneto
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January 02, 2020, 09:24:43 AM |
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I don't think that you can safely say that it is alt season until BTC has had its bull run and has stabilise at the top of its peak.
Historically we've seen that when BTC climbs in value significantly, alts usually decline in value in BTC terms. However when markets are calmer and move sideways in terms of BTC, then alts will have an opportunity to enjoy inflows of capital from BTC markets as traders are interested in making short term profits in more volatile markets.
That's just the nature of the markets and I don't think that currently we're in for any substantial alt pumps yet.
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Divinespark
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January 02, 2020, 09:32:03 AM |
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Only few altcoin will celebrate thier season and for some shitty projects that doesnt contribute in crypto they should be eliminated. Bitcoin must go down a liitle bit more to take out those projects with no working product.
In fact, we don't need to wait for Bitcoin to crash to see altcoin scams die. Current investors have become a lot wiser and smarter, so weak altcoin and scam projects will definitely be removed from this market very soon. In 2020 I believe that at least 40% of currently active altcoins will continue to die. This market needs to be cleaned before starting a new bull run, all ATH of altcoin in 2017 is just a celebration.
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Cnut237
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January 02, 2020, 11:14:07 AM |
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It has been true in the past that once BTC price rises stop and level out, alts take over and an 'alt season' occurs, but this doesn't mean it happens every time.
Market sentiment is a key factor. BTC may have risen a bit recently, but this has been a recovery from previous drops. What we need to trigger alt season is a sustained BTC price rise so that market confidence returns. You are not going to get an alt bull whilst confidence is this low. People will either move out of crypto altogether or else remain in the (relatively) safe haven of BTC.
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Pelunize12
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January 02, 2020, 02:04:01 PM |
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Only few altcoin will celebrate thier season and for some shitty projects that doesnt contribute in crypto they should be eliminated. Bitcoin must go down a liitle bit more to take out those projects with no working product.
if only a few, then it cant be called altseason. season means most coin, not a few beside that, few coins cant make the altcoin dominance increase compared with Bitcoin IMO altseason wont happen in the near future, but it still would happen. just matter of time Bitcoin must reach new ATH to get another altseason.
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Soots
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January 02, 2020, 02:47:35 PM |
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Only few altcoin will celebrate thier season and for some shitty projects that doesnt contribute in crypto they should be eliminated. Bitcoin must go down a liitle bit more to take out those projects with no working product.
if only a few, then it cant be called altseason. season means most coin, not a few beside that, few coins cant make the altcoin dominance increase compared with Bitcoin IMO altseason wont happen in the near future, but it still would happen. just matter of time Bitcoin must reach new ATH to get another altseason. This idea would be non specific for whatever date it is for altcoins season to come. For ATH, I do hope this 2020 will have a good outlook for cryptocurrency. We're not only referring to bitcoin all alone but the entire world of cryptocurrency. Let's regain cryptocurrency's reputation and prove to the world that it's not dead yet, but potentially booming soon.
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wxa7115
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January 02, 2020, 05:34:03 PM |
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Bitcoin is already dominating but several times the altcoin season does not occur and continues to plummet, I think the current situation is completely different from the previous few years and it is indeed difficult to analyze, but I will also still hope that alt season will happen soon.
The market conditions are in fact unique but they are not difficult to analyze, investors are no longer interested to invest in something with a 90% failure rate, investors are in this market to make money not to give it away to scammers, what we saw in 2017 is never going to repeat itself again as people will no longer trust new projects like they did in the past. But this does not mean that we are not going to see an altcoin season, what this means is that when an altcoin season comes people are going to concentrate in the top altcoins and the few new projects that actually show some potential.
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Lanatsa
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January 02, 2020, 05:45:41 PM |
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Bitcoin is already dominating but several times the altcoin season does not occur and continues to plummet, I think the current situation is completely different from the previous few years and it is indeed difficult to analyze, but I will also still hope that alt season will happen soon.
The market conditions are in fact unique but they are not difficult to analyze, investors are no longer interested to invest in something with a 90% failure rate, investors are in this market to make money not to give it away to scammers, what we saw in 2017 is never going to repeat itself again as people will no longer trust new projects like they did in the past. But this does not mean that we are not going to see an altcoin season, what this means is that when an altcoin season comes people are going to concentrate in the top altcoins and the few new projects that actually show some potential. There are still people who do believe that we would able to see that 2017 bull run on alts.As said this wont really be possible nowadays and you are right that investors arent already interested on throwing off some bucks into projects that doesnt really give out significant usage.We do able to see on what coins to withstood the test of time and yet we've been on a bearish on previous years but alts do still tank or holding on.Alt season? there might be one but no one ever knows on when it would happen.For now if you can risk up to accumulate potential ones then its your choice.
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pajak666
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January 02, 2020, 05:56:52 PM |
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Many coins have hypothetically reached bottoms but will people be interested in literally all market when rally comes? or is it gonna be just some big coins and the rest will remain pump/dump small cap niche. Think this is the most important thing to realize, cos some coins experienced pretty steady growth throughout 2019 and their season kinda started long ago.
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ElevenX
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January 03, 2020, 12:17:51 AM |
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Crypto does not run a 365 day calendar, with predictable events. It's a good time to buy, but because of the day of the year.
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lobo13hf
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January 03, 2020, 01:48:58 AM |
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Crypto does not run a 365 day calendar, with predictable events. It's a good time to buy, but because of the day of the year.
The crypto events can happen a few times in a year and you re right about that but isn't it if we must feel optimistic about crypto anytime? the big trend will not always happen as last year we have seen crypto has been getting big pump at the middle of the year and it goes down again.
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iv4n
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January 03, 2020, 07:23:18 PM |
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I guess there's a lot of people waiting for the altcoin season because they think the altcoin will grow again. But unfortunately, we still have to wait a while and be patient as we don't know when it will come, and we can only predict without knowing the truth. Perhaps the altcoin season will start after bitcoin is halved, so it's going to be a good time for the bitcoin to rise, and then the altcoin price will follow. Making us all quite a bit of money.
Many people wait for alt season because they own many alts, its natural to have faith in your assets, to be optimistic with your holdings. I think every person on this forum have a bag with alts, from the ones that are under a cent to the ones at the top. I am positive about future of crypto, and I strongly believe that alt season will come eventually, of course we can't know when will it happen and which alts will go up, so it's on us to try to predict that and fill our bags with the right coins.
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