No year of altcoins coming. All the big money is pouring into bitcoin.

[akirasendo17]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

when bitcoin rallies altcoin also rallies it's been proven, like the year 2017 and mid-2018 is the year of crypto currency, and this year also, don't just look at the price, you miss out on the big development happening in altcoins, like polkadot and more, when you also look at the price since bitcoin price goes up slowly altcoins positions going up if you look at the coins who are up to during 2017 they are also up this year so alt season already happens.

[oemar bakrie]

Judging from the development and interest in the market,altcoin cannot be the same as bitcoin and also factors like this condition prefer bitcoin without reducing risk..

[Casdinyard]

The market is showing light to altcoin as well at this moment, and not only to Bitcoin. BNB as an example is now breaking new records, SLP and the new ones in this industry are also filled with green marks. There is no year for Altcoin alone and I guess same thing will go with Bitcoin. There's no year wherein it is only Bitcoin having a price increase. One is somewhat, not directly, linked with one another. The reason behind this, is that the market movement influences cryptos, not every crypto, and not one crypto alone. Also, price increase depends on the project or platform. A coin won't move upward if the platform is faulty or is not showing that potential.

[shinratensei_]

at least not before bitcoin has reached one million.

That sounds like if you are feeling skeptical about that while the altcoin season already happened. It sounds very strange for me to see what you are saying as nothing happens with altcoins.
The reality has been proving the opposite thing dude. The majority of coins even shitcoins were pumped.
This time the bull trend is a bit different because the whole market gives a positive reaction.

[Novatech8]

Sigh! Human being and their unending desires, honestly what more do people want right now? All top altcoins have already surging higher than before, most have reach a new ATH already, if you aren't in profits at this time you are holding shitcoins

[tycsols]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

looks like something big is on the cards for bitcoin because earlier today CEO of binance was also talking in a similar fashion and he also thinks that btc price can grow to one million but in that case alts will be big too so no worries and enjoy the ride.

[Claudio99]

Money keep going into Bitcoin accepted,  but altcoins are able to get this far because of Bitcoin and presently I believe bitcoin is still very bullish so there are still chances that bitcoin is still going higher which makes more room for better growths on altcoins, I believe altcoin season is already here

[Onika84]

As I know, some ALTcoins have reached ATH fast. I think we will approach the altseason, but not this month or next month although most of the altcoins are increasing X5 - X10. Almost 2 years we're in bad times. I believe altseason will be launched 2 -3 months from now.

[Greatdev]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

It depends on the Altcoins you are holding,  if none of the Altcoins you are holding are showing good sign then you are holding shitcoins all along, it's not too late you can sell now and buy better coins I recommend top altcoins like polkadot or chainlink

[tvplus006]

It is hard for any altcoin to jump naturally as nobody invest into altcoin when bitcoin jumps are much bigger. If they want profit they invest into bitcoin. It is most secure altcoin for reason.

Altcoins still bring a huge profit, the size of which can not be compared with the profit received from the BTC hodl. But big business understands that such investments are more risky than investing in bitcoin. But when institutional investors can assess the size of the potential profit with risks, they will start investing in altcoins.

[livingfree]

I agree that money is pouring in bitcoin but don't ignore that a lot of altcoins are also moving up. Don't just ignore that BNB, Ethereum, and other altcoins are also getting into the bull run as well.

We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

Probably, we won't.

But this time, it's obviously the season of crypto - bitcoin and alts.

[noormcs5]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

This is not the actual fact. The altcoins are also moving with bitcoin and many of them are also giving very good returns. If your altcoins are not moving, it means you are holding the coins which do not have any value and may not increase forever. You need to be in the coins which have good fundamentals and active ongoing projects.

[FIFA worldcup]

I thought the same till last month as I predicted, people would be just exchanging between bitcoin and stable coins. But luckily, I was not right. Many altcoins have already achieved their new all time high along with bitcoin. The first few months, the bull growth was limited to bitcoin but at the moment, some coins are rising even more prominently than bitcoin.

Altcoins will always rely on BTC gains and they are just too tempting not to try your luck with. Everyone can read the graphs and see big potentials in quick buck from altcoin pumps. Why you think casinos are one of the most profitable businesses, because people are addicted to gambling and making quick gains.

As always when bitcoin is moving you will not see much action in the altcoins. But as soon as bitcoin take a breather we see altcoins pumping to maximum. Bitcoin is still in price discovery mode, as soon as it stabilizes, i am sure you will see much better return in altcoins also.

[FanEagle]

If you think that money continues to flow only in bitcoins then that is wrong, then what's the point of having altcoins in this industry? Altcoins are an alternative investment besides bitcoin, altcoins are easy for anyone to reach, altcoins are a complement to bitcoin, altcoins can sometimes be profitable and vice versa. the fact is that when bitcoin goes up it can affect the prices of other top altcoins too.

maybe,You can see the current market situation that the altcoin pump is always on.
share a little story, in April 2020 I planned to buy BTC for $ 7000, and with limited capital I finally chose another option and invested in ETH for $ 170.So my main capital was $ 1000 and I only used $ 850 and got 5 ETH . and who would have thought in 2021 I get thousands of dollars selling 5 ETH. even if compared to the current price 1 ETH is more than enough to cover my initial capital.

It is obvious that alt season already happened, and we can say it is still happening as well. During the same period you could have buy BNB or Dot or Doge or many many other coins and you would still be making a ton of profit right now. Which is why I think I can say that alts are doing awesome, not all money goes to bitcoin, there are so many coins right now that are getting attention, there are even new ones that are getting a lot of attention.

I love the defi world and checking them constantly and I can tell you that there are actually new things that still get a lot of money, the other day some defi project collected 5000 bnb for their pre-sale which means they mined coins beforehand and sold it, normally pre-mine is a horrible horrible thing for these coins and obviously that didn't stopped people investing 5000 bnb for that new project. Which is why I can tell you that alts are still getting a lot of money.

[Tekunda]

Well, let's hope that the investors, who feel that bitcoin has become too expensive, discover altcoins as an altetnative and pump their money into those coins like XLM, AAVE, Cardano, XDC, Vechain etc.
IMHO I believe that 2021 is the decisive year to show us wich direction the altcoin market will be going.
Since I am heavily invested in altcoins, there is nothing wrong with the altcoin market as a whole starting to trend up like crazy.

[trauchot]

Altcoins have been growing in price throughout 2020 and reached incredible heights, and as you can see, many altcoins continue to grow in price and reach new heights, for example, Ethereum or Binance Coin, so not all investors invest only in bitcoin, also, many big investors invest in various altcoins, so in 2020 a lot of altcoins brought a very good profit and in 2021 altcoins are also moving towards new goals and provide an opportunity to make money for investors.

[bryant.coleman]

Altcoins have been growing in price throughout 2020 and reached incredible heights, and as you can see, many altcoins continue to grow in price and reach new heights, for example, Ethereum or Binance Coin, so not all investors invest only in bitcoin, also, many big investors invest in various altcoins, so in 2020 a lot of altcoins brought a very good profit and in 2021 altcoins are also moving towards new goals and provide an opportunity to make money for investors.

Here you are generalizing all the altcoins, and that should not be the case ideally. Some of the alts, such as Cardano and BNB are doing well, along with some of the newer coins such as Polkadot and Chainlink. But look at the established coins such as Ethereum, Ripple, Litecoin and Bitcoin Cash. All of them have gone down in exchange rate versus Bitcoin, when compared to the levels we had in 2020.

[ije07]

But I see altcoins already moving up also as bitcoin is doing. It is not as if the price is going down. May be we are seeing the altcoin bull movement already. Nothing can explain the surge in most altcoins except a bull run. Even dogecoin which remained very low has now increased in price too and getting to its highest price level for the first time since its creation. Institutions are not only buying bitcoin but various other coins.

yes, that's the uniqueness of altcoins in this cryptoqurrency space, sometimes they can make us get big profits and sometimes vice versa. people just think that altcoins are junk coins and they only need bitcoins. but in fact I don't agree with that, because we can see for ourselves that there are still many altcoins out there that have great potential, they can pump more than 3x, one of which is the new deFi coin. In this regard, in the objective of investing, of course, everyone wants to get a good profit, not just focusing on one place. If there really is a coin option out there that we think is worthy, why not give it a try?

[virasisog]

Alt season already occured, ETH reached it's new ATH, ADA reached $1, BNB grew up to almost $340 recently and some altcoins and new DeFi projects grew multiple times. There are a lot of people especially early holders had gained a lot of money from this. The bull market seems to be longer compared to the bull market, which is why we must be cautious on investing due to hype and FOMO, once the market crashes this will be a huge market correction.

[ukw]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

This is normal in my opinion, because very few of the countless projects that launch different altcoins really have any value behind their ideas. There are alts that achieve a serious percentage increase in their value, but in general there are few that are supported in the long run by their creators and teams.