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Author Topic: 2020... Altseason?  (Read 1781 times)
bittick
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November 12, 2020, 02:02:13 PM
 #41

No one know for sure but seeing eth hype maybe it's gonna come when mainnet launched but still a far way to go. However, bitcoin steadying is not a sure sign that altcoin season will come so don't expect too much otherwise you will be dissappointed but you must anticipate eth 2.0 the most because there's just so many projects or alts token that are under that ethereum blockchain so keep watching this major event of eth 2.0

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November 12, 2020, 02:17:29 PM
 #42

Is the leveling (and steadying) of Bitcoin a sure sign that an alt season is about to come?
Does anyone think there's anything to worry about with regards to growth being too fast and another potential "bubble" situation?
You have just answered some of my worries surrounding the current Bitcoin momentum, the rate at which the bitcoin price moved and still moving seem diffrent to me compared to the 2017 bullish movement. The space at which the market is going might or might not be good for the altcoins pumps but the issue here is the altcoinseaons will be back after this struggles. Though, there are still available altcoins profits taking in the market, so, take profit now or wait for seasons of altcoin.

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November 12, 2020, 02:24:42 PM
 #43

This is what everyone in the crypto world has been waiting for, yup Altcoin season 2.0.
will it happen again ?, hehe is very interesting to discuss right?
if this happens in 2020 then Bitcoin will also go to an all time high this year,
but everything is still unclear, keep hodl.

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November 12, 2020, 02:46:01 PM
 #44

Still not chance for altcoin season in this year after many investor make busy by DeFi coin although at least defi become scam coin without many investor loss much money in DeFi coin. Still awaiting for next year what will happen with altcoin can growing up without waiting with bitcoin or always allow what happen with bitcoin later, when bitcoin down altcoin keep going down or not. I think investor only interested with bitcoin and altcoin if can recovery as soon possible because many investor wanna increase investment assets faster without holding for long term, by investing with altcoin need decision how to long for long time because altcoin waiting for bitcoin dominance less than altcoin and give for altcoin back to higher price.

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November 12, 2020, 02:51:23 PM
 #45

according to my observations, ethereum is growing parallel to bitcoin. Now I do not observe this dependence, strange.

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November 12, 2020, 03:03:27 PM
 #46

Some altcoins were not follows bitcoin to increase, seems they are slowly go down while bitcoin slowly go up maybe it's not a sign yet to be altseason. Let's see what will happen in the next days, if bitcoin cross $18,000 in just one day then I think altseason will happen.

Seems that it's still not the time yet, while bitcoin still moving forward most of alts are in red.

Probably investors are riding with bitcoin and enjoying the party, most of them are not diverting yet since the train for bitcoin still hot.
It will happen though once there's a huge pumped for sure impacts will take place around the alts communities, best to take advantage
of those cheap alts that you think have a good potential to pumped up after this bitcoin rallies.
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November 12, 2020, 03:03:38 PM
 #47

We need to wait for more to see the altcoin season comes at the market, but that will happen shortly. If you already bought many altcoins, you can expect and hope to profit from your coins. Maybe you can try to buy more amount for each potential altcoin that can have a chance to increase in the next bull run. But, no matter if bitcoin or altcoin will rise, we hope that we all can make a profit and try to recover our losses before having much money from the crypto.

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November 12, 2020, 03:16:26 PM
 #48

I think when Bitcoin Bullish many people switch to altcoins because they can invest cheaper than bitcoin, so that altcoins can return to the way 2017 was the golden age of altcoins
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November 12, 2020, 03:22:09 PM
 #49

No one can tell for sure what will happen from now till end of year, lately we have witnesses how btc have been increasing in price, dominating the whole market, while there have been some occasional price increase on some alts too, actually, I was hoping to see a major spike in alts price with this recent btc price pump but that hasn't happened yet, it is uncertain if it will happen this year or not, but I think the majority of crypto community are optimistic so lets watch and see how 2020 will end with crypto.

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November 12, 2020, 03:32:29 PM
 #50

Bitcoin is not yet stable, it goes pump and dump still so Alts can't be rise yet as we are expecting. But once stable became stable at its price we can expect the Alts season already. So far you can still scalp some of the alts that have good movement and take a profit from it. Just be careful you might be left behind.
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November 12, 2020, 03:34:12 PM
 #51

Is the leveling (and steadying) of Bitcoin a sure sign that an alt season is about to come?

Does anyone think there's anything to worry about with regards to growth being too fast and another potential "bubble" situation?

This time there will be no more manipulation or bubbles, because most of the big financial institutions (MicroStrategy, Gray Scale, ..) have held and issued long-term Hold strategies.
The good news is that in the near future Biden will appoint Gary Gensler to lead the Financial Policy Transformation Team.
* About Gary Gensler, a Washington and Wall Street veteran who has scrutinized the budding cryptocurrency field.
Therefore, the crypto market will have many booms in the near future and possibly the brightest decentralized financial market in the coming years.
-> Biden Gensler validation news: https://www.coindesk.com/biden-confirms-gary-gensler-will-lead-financial-policy-transition-team


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November 12, 2020, 04:23:41 PM
 #52

Specifically here is no altcoins season because every coin growth by it's good features and attractive profitable
value.People used to love altcoins right now for  long because of the profit of those and it keeps good vibe.

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November 12, 2020, 04:31:00 PM
 #53

Is the leveling (and steadying) of Bitcoin a sure sign that an alt season is about to come?

Does anyone think there's anything to worry about with regards to growth being too fast and another potential "bubble" situation?

We have been in an altcoin season for months, in principle since March / April. Because hardly anyone speaks about it, it shows that it is a relatively healthy development and not a hype like 2017 when the price was three or four times as much within a few weeks. I expect this development to continue in 2021, with slight setbacks, but we will certainly be higher at the end of 2021 than at the end of 2020.
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November 12, 2020, 04:36:28 PM
 #54

Only a few altcoins will experience a sharp increase in price and most of the others will die by themselves. how could the price of most altcoins soar if they didn't move at all in the market all this time?
I'm just reminding us that we shouldn't expect too much of the altcoins as we have seen almost no movement at all in the market.



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November 12, 2020, 04:39:43 PM
 #55

"Bubble" Situatuon seems relevant for now but it's not mean that crypto will going to completely zero value, There some good discussion out there and basically recent bullish on market trend was happen because this COVID-19 Pandemic, Why? Even though it's just an theory but USD Inflation seems too high and Panicked People searching "Safe Asset" With minimum loss because of this inflation, First https://cointelegraph.com/news/us-printed-more-money-in-one-month-than-in-two-centuries and https://medium.com/discourse/do-you-realize-the-massive-amount-of-money-printing-happening-due-to-the-coronavirus-pandemic-1f4347cc0404

It's also will affecting Alt market, There are tons of good news beside reason above.
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November 12, 2020, 05:13:26 PM
 #56

Altcoin movement is not like Bitcoin which continues to move up leaving Altcoins far away, but I believe Altcoins will move to follow the movement of bitcoin and it only takes time for Altcoins to rise slowly.
I hope that next year there will be some changes for Altcoins and it will take a lot of patience and hold on to it until the time comes.

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November 12, 2020, 05:25:35 PM
 #57

Is the leveling (and steadying) of Bitcoin a sure sign that an alt season is about to come?

Does anyone think there's anything to worry about with regards to growth being too fast and another potential "bubble" situation?

There's no altcoin season. Just wait for the time wherein the majority of altcoins will soon make a growth.

But either on BTC bull or bear, you can take advantage of the altcoins with the right strategy. No need to wait for some altcoin pumps before making an action.

maybe the OP means if most of altcoins growing in fast movements thats called alt season my friend
and i agree with you investing in cryptocurrency is depends on how we use our strategy to enter and exit the market in the right time

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laredo7mm
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November 12, 2020, 05:36:51 PM
 #58

Bitcoin is on an up rally now and investors are selling alts for buying bitcoin. If you have check coinmarketcap recent data then you will see BTC dominance is raising and alts is losing its dominance over the crypto market. Only ETH holds its influence and manages to be upwards in some points. So I think 2020 is a year for DeFi and NFT project mostly.
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November 12, 2020, 06:16:13 PM
 #59

Bitcoin is on an up rally now and investors are selling alts for buying bitcoin. If you have check coinmarketcap recent data then you will see BTC dominance is raising and alts is losing its dominance over the crypto market. Only ETH holds its influence and manages to be upwards in some points. So I think 2020 is a year for DeFi and NFT project mostly.
I completely agree with you, and I believe that if this growth trend continues at the same pace, then a little more, and the capitalization of Bitcoin will double. Apparently, the economic crisis and the fall of the assets familiar to investors, contributes to the development of the cryptocurrency market and the recognition of Bitcoin as a profitable investment.

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November 12, 2020, 06:22:43 PM
 #60

as long as you hold the top altcoins there is no need to worry because I see the rise in the price of Bitcoin has affected the price of other top altcoins, especially on Ethereum. according to the chart BTC prices stabilized above $ 15k and ETH stabilized at $ 150. so I am optimistic that if Bitcoin can stabilize at its current price or even go higher then altcoins will follow suit.

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