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

[nykka]

Bitcoin is a more trusted asset, so many investors buy only it. Some altcoins are difficult to understand or too volatile and unstable to buy it, so big companies like MicroStrategy and others don`t buy it, or buy small quantity, so we don`t see such great growth among altcoins like it`s with BTC. Anyway, sooner or later, investors will discover altcoins, because they provide a lot of useful and prospective technologies, which Bitcoin can`t suggest

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[RussianEnglishTranslation]

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.

Investing in altcoins is difficult, and so is timing the market but you will be lucky to get a 2x with Bitcoin. Microcaps like ALCX and 0xMR can easily 200x.

[SquallLeonhart]

alts have been pumping alongside with bitcoin like doubled or even more, that's rare sighting in stock market and people still complain altcoin season not coming, it's either their standard of altcoin season is when alt go up thousands percent or they never see the market regularly. It's silly to be honest.

The reason for something like that is the fact that the price for bitcoin altcoin didn't changed that much whereas bitcoin price versus fiat changed a lot which made the altcoins go up a lot more. So, let's say there is a coin that is 0.1 bitcoin per altcoin, when bitcoin was 10k that means this coin was 1k as well, and when bitcoin becomes 40k that means this coin will be 4000 dollars as well, that is the deal.

There are small changes, it doesn't become exactly the same for long time but it will definitely have some sort of similarity because of this. I am going to go out on a limb and say that we are going to end up with something much better when bitcoin goes back up, if bitcoin reaches 60k, we are going to see eth 2000+  and BNB on 400+ and ada on 2+ dollar, those are prices that could happen when bitcoin price changes to 60k+ dollars.

[michellee]

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.

mate, bitcoin price will not always up wich mean a corrections will come such as now, because of that i believe when the corrections coming investors will try to find an alternate of bitcoin to drop their money buddy, and altcoins is the answer, then when bitcoin growing back altcoins will follow, thats my opinion

Yes, that is right. Bitcoin prices will be up and down many times, and we saw this happen this week. But that will be our chances to buy low and sell high as the price can drop deeper so we can get that chance. The corrections will be the best time for us to buy bitcoin, but we must analyze to find a good time to buy. The investor will also buy altcoin besides bitcoin, but we do not know if they hold the altcoin for a long time or not. If they know that the altcoin follows the bitcoin price, they will not hold altcoins for a long time, and they will sell their altcoins once the price increase two times the price they bought.

[Jackl87]

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.

That's not true in my opinion. I mean of course in the mainstream media that only covers crypto when there is a massive bullrun or dump you only read about BTC.
I made some small investemns with FIAT in August into altcoins, mainly into new projects and even now that the market is dropping a bit im still at x75.
If i would have invested in BTC in august i would be at x4 now.

[blockman]

Let's have a vision first for bitcoin @ $100k first before thinking about even $1M. Although that was just your example through the altcoins pumping/dumping.
But as you see, it's all red. Altcoins are in red so bitcoin is. They are only going whichever way bitcoin is heading. And this time, it's about the weak hands are probably being pushed out.

[guydin]

I'm sure no one knows exactly what results we will see at the end of this year. Bitcoin, as it was, will remain the trendsetter of the entire crypto movement, because very interested people believe in it, who simply will not let BTC fall very low.

Further, Ethereum looks attractive for large infusions due to its versatility. And only then we can talk about other altcoins, which are also evaluated according to the degree of usefulness of the projects. Therefore, Bitcoin will grow first, followed by other coins.

[Argoo]

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.

Investing in altcoins is difficult, and so is timing the market but you will be lucky to get a 2x with Bitcoin. Microcaps like ALCX and 0xMR can easily 200x.

Bitcoin will not continue to rise in value for a whole year. There will be breaks. Therefore, altcoins will still find time for their good price growth. In addition, it cannot be said that altcoins are not growing now. Many promising altcoins already have gains of hundreds of percent. In addition, we cannot predict for sure the price movement of the cryptocurrency market. In the meantime, we can say that there are no serious obstacles to the further price growth of our cryptocurrencies.

[jajorforce]

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.

The biggest investment pouring through the bitcoin then divided into altcoins. Still, Bitcoin doesn't hit 10 times higher than the last ATH 19k. So many altcoins prices are up 10 times and some top altcoins. The future of new altcoins will be more unpredictable if bitcoin price has reached one million.

[lifeOK]

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.

The biggest investment pouring through the bitcoin then divided into altcoins. Still, Bitcoin doesn't hit 10 times higher than the last ATH 19k. So many altcoins prices are up 10 times and some top altcoins. The future of new altcoins will be more unpredictable if bitcoin price has reached one million.

I agree, nobody knows when and how much shitcoin will be pumping. People make speculations all the time but the actual fact is we have no idea. I personally believe this current bull run is gonna unpredictable and yet more altcoins are waiting to explore.

[Shasha80]

It is true that all institutions this year are more focused on investing in Bitcoin, but that does not mean no year of altcoins coming.
Because if the Bitcoin price goes up, there will definitely be an increase in several altcoins. Try to pay attention to the data on coinmarketcap,
some of the top altcoins rose to reach the new ATH. Such as ETH, ADA, DOT and BNB. There will always be investors interested in altcoins,
so there's no need to wait for the Bitcoin price to go up to $ 1 M to see the year of the altcoins.

[meldrio1]

It seems you only focus in bitcoin and not the altcoins.. Have you already check the market? the altcoins were pumping and some of the altcoins were reached the all time high, the alt season was occurred but now the altcoins were decreasing so I guess the bullish trend is over, I don't know if we witness again the bullish market this year.

[Natsuu]

I will always believe that if Bitcoin goes bullish, altcoin follows. Though there is most probably a delay in the happening but it often happens. so no, Altcoin will be doing well as long as BTC is doing well

[Mpamaegbu]

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.

Don't be too quick to be fallacious on your conclusion that there won't be an alt season. That's not going to happen.. Every bull run has always culminated in an alts season which normally begins when the former ends. At the moment, Bitcoin is still enjoying its moment of glory as price keeps breaking new highs. That isn't to say, anyway, that a few altcoins haven't been enjoying great price movements alongside Bitcoin.

[conected]

It seems you only focus in bitcoin and not the altcoins.. Have you already check the market? the altcoins were pumping and some of the altcoins were reached the all time high, the alt season was occurred but now the altcoins were decreasing so I guess the bullish trend is over, I don't know if we witness again the bullish market this year.

- Perhaps the altcoins he is holding are not increasing as expected while bitcoin is still rising, which makes him believe that the money is only focusing on bitcoin, instead of altcoins. Theoretically, this is quite true but he forgets that bitcoin is the bridge to help the altcoin go up, so a rise in value of bitcoin will create altcoin value but if bitcoin is stopped, altcoins will not have a new breakthrough. But certainly the opportunities for the altcoin will be uneven when the potential is very important, when we have chosen a potential altcoin, the altcoin season is always coming to us and vice versa.

[Zeehaxan]

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.

Yeah, this may well can come up to be right but i do not see one million btc coming this cycle and in my opinion around 200k btc could be the peak and then the real altseason but i could be wrong and next peak can be significantly higher, it depends on a lot of factors so we cannot predict precisely.

[Fredomago]

It seems you only focus in bitcoin and not the altcoins.. Have you already check the market? the altcoins were pumping and some of the altcoins were reached the all time high, the alt season was occurred but now the altcoins were decreasing so I guess the bullish trend is over, I don't know if we witness again the bullish market this year.

I agree to that, aside from xrp who didn't reached the last time high, most of the coin inside top 10 are already peaking up



might some corrections now, after the massive pumped.

[avarnet]

Indeed, when the voting of bitcoin has increased significantly with bitcoin domination of more than 70% then we will see that altcoins will be very easily dumped even though bitcoin at that time has increased,
 but if you say the altcoin season is not coming ?? you try to check altcoin prices now and look at the graph for these 3 months. You can see that the altcoin has gone up a lot and hit a new ATH.

[makishart]

I will always believe that if Bitcoin goes bullish, altcoin follows. Though there is most probably a delay in the happening but it often happens. so no, Altcoin will be doing well as long as BTC is doing well

The main thing should be on the bitcoin as bitcoin will be determining what chart will be facing by the market. Bitcoin bull will give a widely affect. The market will be bullish and more money go to the crypto. Bitcoin is always giving a domino effect when it was getting pumped. The fact that if altcoin can't leave from the bitcoin's domination. OP is only feeling skeptical about altcoin but he doesn't understand about the relationship between bitcoin and altcoins. There will always be a year for altcoin.

[rozak]

Bitcoin dominance will continue to influence the altcoin market. The strong influence of bitcoins that makes altcoins also follows how bitcoin continues to move either in a pump or a dump.
I've seen the situation in early 2020. when bitcoin got a pump but none of the altcoins followed what bitcoin was doing. strong dominance and investor confidence regarding the new project which is declining all divert their money into bitcoin.
but the current trend seems different. and we have to understand how this market actually works. altcoins respond to market trends that bitcoin creates. and although not all I think most altcoins have gotten a good pump.