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Author Topic: Things will be different this time around  (Read 599 times)
Teraboy
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January 09, 2021, 06:31:04 AM
 #41

now it's bitcoin season, the dominance and price increases are steadily increasing, don't expect an altseason to happen in a short time if bitcoin still dominates the market. the state of the market cannot be judged from history, there must be at least the old altcoins that are within 10 CMC experiencing a significant increase for other altcoins to follow.
This is not the bitcoin season but this is the crypto season. People have started to realize how potential the cryptocurrency is. There are so many companies rushing for bitcoin while the small traders are FOMOing altcoins.
Altcoin season already happened and didn't you seen that the majority of altcoins were getting more than 150% increase in a short time?
You must see the market again dude.
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January 09, 2021, 06:38:00 AM
 #42

To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017

You are right, the more people keep expecting altcoin season to start the more Bitcoin keeps growing and of course the dominance as well, and with the dominance being that high, altcoins will find it extremely difficult to have a good bull run, but it is also seen that some altcoins like Ethereum are still increasing in value but not the sort of value that would have been witnessed if there is altcoin season. Also, I agree with you in the aspect of 2017 not repeating itself, this is because price increase of Bitcoin can be seen to come from fresh Institutional investors who have understood the potentials, benefits and gains associated with Bitcoin in the future, hence the reason it keeps jumping back after dumping thus setting new ATH beyond the expectations of everyone. In addition, since no one can predict the crypto space, I wouldn't say there will be no altcoin season, but it might happen the way we didn't expect.

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January 09, 2021, 07:43:16 AM
 #43

Altcoins should be pumping big right now, Ethereum is already at 1200$ and bitcoin is already at 40k, I'm just wondering why whales aren't taking the advantage of altcoins yet, maybe they bitcoin sti have a long way to go? It seems majority of altcoins will be left behind this time for real

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January 09, 2021, 08:07:54 AM
 #44

To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017
2017 keeps fond memories of the cryptocurrency world, price dominance continues to increases and bitcoin can break the record high prices at that time.
2021 has just begun, we have been surprised by the tremendous increase in the price of Bitcoin. In my view, 2017 to be more precise was a wonderful year for ICO, while 2021 will be the year of altcoins.

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January 09, 2021, 08:32:05 AM
 #45

I'm still going to stand on my words that 2021 will be the year for all altcoin holders, bitcoin have shown true power and potential and whales will end up been satisfied and start moving out their funds into altcoins, it's definitely going to happen

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January 09, 2021, 03:03:41 PM
 #46

That is one of the problems for most people nowadays, especially in the crypto world. They are only focusing on the whales coin like eth, btc etc. and they forgot the altcoins. I've talked to a lot of people that they are willing to exchange their altcoins for other coins that have a huge value. They did not see the potentials of their altcoins and that is something they need to understand.
We can not blame them because maybe they have their information about what they believe. We hope that we can profit from each coin that we have, no matter if we have different altcoins, so we can use the time to make a profit from the altcoin. But focusing on the big coins such as ethereum and bitcoin could be profitable for them, as if they still search for the altcoin, they will have a hard time to find the right one.

I'm still going to stand on my words that 2021 will be the year for all altcoin holders, bitcoin have shown true power and potential and whales will end up been satisfied and start moving out their funds into altcoins, it's definitely going to happen
So you need to wait for that, while you can enjoy this moment by buying and selling bitcoin so you will have the opportunity to make a profit. The altcoin season will come, but we should wait and prepare. Right now will be the year for bitcoin because bitcoin can hit the new ATH for now, but that new ATH will be broken by the other ATH this year. But the situation will not be the same as the previous years.

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January 10, 2021, 05:30:05 AM
 #47

That is one of the problems for most people nowadays, especially in the crypto world. They are only focusing on the whales coin like eth, btc etc. and they forgot the altcoins. I've talked to a lot of people that they are willing to exchange their altcoins for other coins that have a huge value. They did not see the potentials of their altcoins and that is something they need to understand.
We can not blame them because maybe they have their information about what they believe. We hope that we can profit from each coin that we have, no matter if we have different altcoins, so we can use the time to make a profit from the altcoin. But focusing on the big coins such as ethereum and bitcoin could be profitable for them, as if they still search for the altcoin, they will have a hard time to find the right one.


Agree. At the end of the day our goal is to have profit regardless on what kind of coin do we have. I'm just hoping the day will come that most of us already mastered by art of trading in crypto world so that we will maximize the true potentials of altcoins.
It will come soon, no need to worry because the crypto market slowly rises again from the last year. We already see many highest prices broken, even for bitcoin and altcoins, so there will be more chances to see the other highest price soon this year. We hope that our opportunities to make a big profit will arrive, and I am sure that some people already recover their losses from a few years ago.

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January 10, 2021, 07:15:30 AM
 #48

To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017
History always finds a way of repeating itself, whether we admit it or not. I think it will this time around again. Bitcoin is still having a good run and doesn't look like it wants to slow down a bit. Corrections are quickly eaten up by the buy orders like sell orders don't matter. Alts season will only commence when Bitcoin is done and this will be evident in BTC dominance. The flicks of price increase we see in alts now should not deceive anyone that alts rally have begun. These are just regular traders buying. The real whales are yet to start making purchases. Once that begins to happen, we shall experience what happened in 2018.

BTW, alts rally was in 2018.

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January 10, 2021, 09:16:44 AM
 #49

Things does look different this time around, last time when Ethereum was at 1400$ every single altcoins I know of are already bringing 200% to 2000% profits to all investors, this time around only very few altcoins have grown big after Ethereum reached 1300$, yes things are different this time around

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January 10, 2021, 09:24:58 AM
 #50

To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017

Last time one of the reasons why altcoins flourished was BTC network congestion and high fees as a consequence. I don't see why this time it will be different. BTC transaction fee is about $5-10 now, meanwhile TRON transaction fee for example is less than $0.02. If bitcoin will go to 100k tx fee will be about $10-20 or even more.

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January 10, 2021, 09:31:05 AM
 #51

The altcoins season has already begun at the beginning of 2020 and many altcoins are still growing in price, so whoever wanted to make money on altcoins has already done this and now it is better not to take risks and better wait for the correction, and then it will be possible to re-invest in altcoins.
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January 10, 2021, 09:38:16 AM
 #52

Things does look different this time around, last time when Ethereum was at 1400$ every single altcoins I know of are already bringing 200% to 2000% profits to all investors, this time around only very few altcoins have grown big after Ethereum reached 1300$, yes things are different this time around
This is because investors' perspectives are different when compared to 2017 or 2018. In this trend investors are more careful in investing, besides that the structure that is now more established makes investors not easy to waste their money inconsequently, just like in 2017. maybe altcoin season will still happen, but not necessarily for all altcoins, only altcoins that are really useful and also have value will follow this positive trend

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January 10, 2021, 11:35:34 AM
 #53

I do have a very strong confidence that most of the altcoin will definitely make their new all time high and breaks the history that happen last 2017 when the alt season is booming and bulling. I would totally agree that this new alt season and this bullish run will definitely and will totally be different this time.

If you remember, we had the biggest altcoin season when bitcoin hit 19800$. The same could happen this time. I am waiting for december 2021, when bitcoin will reach its peak and then we will see an insane bull rally in alt coins.

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January 10, 2021, 11:39:49 AM
 #54

To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017

It is most probably Bitcoin dominance ain't done yet.
I can see a $50,000 Bitcoin price sooner because of this
https://www.forbes.com/sites/billybambrough/2021/01/09/elon-musk-the-worlds-richest-man-wants-to-be-paid-in-bitcoin/amp/ 
That guy will surely give extra boost for Bitcoin to continue the surge even further.
While alt season may take longer to occur, obviously because everyone is focused with Btc.
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January 10, 2021, 01:01:12 PM
 #55

To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017

If you can check the charts for 2017, then you will be able to find that the altcoins were rallying much more than Bitcoin for the most part of the year. It is not like Bitcoin went up first and then the altcoins spiked when BTC went down. The Bitcoin dominance was around 85% on January 2017, and this figure has come down to 38% by June 2017. It was around 33% when the altcoins peaked on January 2018.
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January 10, 2021, 04:33:33 PM
 #56

I do have a very strong confidence that most of the altcoin will definitely make their new all time high and breaks the history that happen last 2017 when the alt season is booming and bulling. I would totally agree that this new alt season and this bullish run will definitely and will totally be different this time.

I think the same, only thing I am not sure is when will it happen. Like others, I have some of my own predictions, but Bitcoin showed me again how wrong I can be, and that no matter how experienced you are in crypto, crypto is still capable of surprising us here and there.
Alt season is coming, and some alts will make their new all times high. Questions are which alts and when, but that will happen! Bitcoin have this moment, but when things cool off a bit, alts will take the stage!

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January 10, 2021, 04:45:37 PM
 #57

It looks like not all altcoins will surge this time around, I'm still confused why so many altcoins refused to surge high already when Ethereum is already over 1200$, what the heck is going on? I think Ethereum will have to reach a new ATH this time around before other altcoins really start been bullish for real, maybe 2000$ or 3000$?

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January 10, 2021, 05:04:47 PM
 #58

Even earlier people were saying bitcoin will drop to the 1000$ it won't happen So like this once bitcoin start consolidating I believe Altcoins will also rise but I won't say shit coins will also rise. I believe high potential Altcoins will  also move till then we must be patient.

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January 10, 2021, 06:02:40 PM
 #59

at the beginning of the emergence of cryptocurrencies, many people on earth were pessimistic, over time until 2017 was a very fantastic price increase from the previous price, so many people invested heavily in crypto exchanges, but disaster came in the period 2018 to the end  2020 and many people went through a great depression, but who would have thought that investment in crypto exchanges was not exhausted and everyone was stunned to see the skyrocketing price of bitcoin and altcoin and making many people believe and believe.  and it's time we have to focus and be consistent in cryptocurrencies.
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January 10, 2021, 06:04:18 PM
 #60

Even earlier people were saying bitcoin will drop to the 1000$ it won't happen So like this once bitcoin start consolidating I believe Altcoins will also rise but I won't say shit coins will also rise. I believe high potential Altcoins will  also move till then we must be patient.
You have a point, I believe that things won't go same way as that of January 2018 where even shitcoins with no use case surge crazily, this time only useful altcoins will bring huge ROI for investors, so let's hunt for useful altcoins only and wait patiently

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