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Author Topic: How the Alt season will pan out  (Read 667 times)
RussianEnglishTranslation
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January 06, 2021, 02:04:56 PM
 #21


Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.
You could be right but I just hold microcaps like UNCX and 0xMR and wait for a 10x+ then sell. It's easy, just buy, set limit orders, wait.
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January 06, 2021, 06:45:12 PM
 #22

Obviously this is a different situation because bitcoin is rising very high and in a fast time,,this becomes a difficult differentiator for Altcoin to pump and reach the moon in a short time.
They need to wait a long time for Ethereum pump to resume the time for the altcoins to follow,, even if it really does happen there will be no significant increase except from the top altcoins.
We need to see in the next few weeks whether their focus is shifting to altcoins or just on bitcoin.
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January 06, 2021, 06:56:48 PM
 #23

altcoin season is going to be up well supported by several factors one of the positive news from altcoin it and supported by market conditions
as is happening now, My prediction is that conditions will continue so we can see some altcoins hitting highs
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January 06, 2021, 06:58:09 PM
 #24

To my knowledge, one of the altcoin season indicators that you haven't mentioned is that bitcoin dominance will also drop. Altcoins tend to go up if bitcoin dominance goes down and bitcoin goes up.
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January 07, 2021, 04:47:25 PM
 #25

It is obvious that bitcoin is not going to stop going up, which means alts and btc going up together right now. Looking at ethereum, it has increased more than anyone has ever imagined, I have watched a video and it says that there are about 100 times more sales of GPU right now compared to one year ago, and I am not even talking about the new 3000 series neither, I am talking about people buying Radeon v7 series for 1400 dollars, buying rx580 series for 350 dollar series each as well, these are about double of what the real price should be if you want to know.

It means things that have been over a year old, and bought only x amount of time last year, became even older generation of gpu this year but sold x100 more times with double the price of it from demand. That is what you should probably realize, if there is so much gpu request, which is definitely for mining, that is how alts will continue, there is now a huge demand, I do not see it going down anytime soon.

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January 10, 2021, 03:32:38 AM
 #26

I don't think we will observe such boom in the altcoins price except Bitcoin starts to drop price and it seems that's not happening soon. When Bitcoin price starts to falls many people will be panicky and sell or swap to their trusted altcoins in order to safe value. And some might decide they want to swap to stable coins.
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January 10, 2021, 08:42:06 AM
 #27

The market is now very overbought and many coins have shown good growth in recent years. So you should be very careful now and take profits and protect yourself from an imminent fall.
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January 10, 2021, 10:24:48 AM
 #28

It is obvious that the alt season is already underway. The main question is when to exit altcoins? The previous two years taught everyone not to wait 10x, but leave in 1.5-2x. Everyone will go out taking their 30%, and then a bunch of X's will start) This will be fomo)
No one can determine the best time to exit from the altcoins and why? it's caused by it's not clear whether the 4 year cycle will be repeating again or not. It's only the time will tell but we must always prepare our assets to be liquidated anytime when crypto has touched its peak price.
Bitcoin is still really strong at this moment dude. I can't even think the bearish trend will come asap. 41k already passed.

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January 10, 2021, 11:06:40 AM
 #29

We dont see alt season with current level of bitcoin dominance. Only btc correction will allow alt season to happen
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January 10, 2021, 11:49:28 AM
 #30


Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

cryptocurrency market cannot be guessed like you say, because if indeed cryptocurrency market always moves like that, then of course we are very easy to get profit from investing in cryptocurrency, but in fact the state of cryptocurrency market cannot be guessed that easily, because now the price of Bitcoin and Ethereum has increased very high (although Ethereum hasn't reached its ATH price), but the season for altcoin (bull run) has not happened until now, there are even some altcoin whose price has dump, so I think the state of cryptocurrency market will not always move the same as you say.

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January 10, 2021, 01:44:39 PM
 #31

We dont see alt season with current level of bitcoin dominance. Only btc correction will allow alt season to happen
By the way, is it that when Bitcoin experiences a correction, the Altcoin will not experience a decrease in price? if this is the case, then everyone at this point will be waiting for a correction from Bitcoin to see Altcoin season.

That is because a lot of the investors are expecting that what happened in 2017 will repeat in 2021. They are forgetting the fact that back in 2017, there were solid reasons for the altcoin rally, such as the ICO boom and hype surrounding coins such as ETH, TRX and ADA. This time the altcoin market is in a more suppressed state, and even at the current level, we are noway near the ATH levels for many of the coins.
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January 10, 2021, 02:05:58 PM
 #32

Yes, almost everyone expects a new Altcoin season to happen in the near future, but so far it hasn't happened yet, especially if it could trigger a new breakthrough in crypto, of course it will be very interesting to wait for.
Just take a look at the entire market and tell whether the market is rallying, the entire alts are rallying and most of the coins rallied around 30% to 60% in the last one month alone and i would consider that as an alt coin season because some of the coins have risen well above my expectation especially BCH and BSV and XRP is still rallying even with the lawsuit.
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January 10, 2021, 03:04:45 PM
 #33


Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

Perhaps the situation will repeat itself and we will follow this scenario, but there is also a possibility that crypto manipulators use a different new scenario that the bulk of the participants in the cryptocurrency market will not wait for

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January 10, 2021, 03:36:27 PM
 #34

I think it will go a different way this time because Bitcoin isn't showing the same pattern. It might take a long run before the Bitcoin price's correction because the price is too unpredictable and it might reach higher in the coming days. As for me, altcoin season could happen anytime although Bitcoin season is still running.
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January 14, 2021, 08:07:32 PM
 #35

The desired altcoin season should not be expected until spring. Valid only after the Bitcoin is sent for correction. Without correction, there will be no season. In any case, even if it will be - it will be not as strong as in 2017.
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January 14, 2021, 08:14:09 PM
 #36


Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.
So according to your formula btc will first hit 200 to 300k then eth will hit 10 to 15k only then alt season will start, yes this pattern has played out in the past but may be all market will move this time who knows.

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January 14, 2021, 08:38:16 PM
 #37


Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

This procession is the way it happened around 2017. I remember around 2016, litecoin was very cheap to less than $5 but by the ending of 2017, it went around $60 and above. Likewise others, etheruem too came to ATH and many others. The movement always starts from bitcoin as it has happened. The altcoins have started too and market cap is rising as well.

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January 14, 2021, 08:48:28 PM
 #38

The first 2 process had been seen for over 2 years and they seem to be repeating itself. BTC then ETH, all over. LTC, BSV, BNB are not doing any better. Defi has only been the addition to the list that has surprisingly better. Blockchain, smartcontracts etc are not making the market. Even the DEFI are for selected few, the market is bigger and only strong idea and team will thrive.

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January 15, 2021, 10:58:05 PM
 #39


Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.
You mentioned what is happening in cryptocurrency history. You should know that altcoins always provided the biggest rewards in the average market like last year. What I meant, hold your altcoins from now on to gain the best benefits. I saw that altcoins season is always staying short, don't follow this pump trend.
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January 16, 2021, 04:01:54 AM
 #40

Its see if history repeat itself knowing that this is the pattern of alt season. I, myself is hodling plenty of alt coins which I am hoping to be part of this incoming alt season.

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