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Author Topic: April is the real alt season  (Read 1379 times)
seleme
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April 25, 2021, 06:26:06 PM
 #141

Yes, it is true as you mentioned, but it is necessary to note that April is not always an advantage for Bitcoin. maybe this april this year all the altcoins reached their highest price or reached the price of Ath. but for april next year i'm not sure if altcoin will experience like this again. but we hope every year the altcoins will find the best price.
No doubt this year has been one of the best years for cryptocurrencies and maybe for this reason we can say that April can be also an advantage for currencies. However, as you above mentioned that doesn't mean April will always be the best mount for currencies. Overall if we realize the price of BTC, we can see that BTC has decreased in this month, but there are 5 days, maybe we can see BTC will start getting up again. BTC is around 49k and it is a really bad result, l hope it will be different in the near future.

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April 25, 2021, 07:45:34 PM
 #142

it is necessary to note that April is not always an advantage for Bitcoin. maybe this april this year all the altcoins reached their highest price or reached the price of Ath. but for april next year i'm not sure if altcoin will experience like this again. but we hope every year the altcoins will find the best price.
How true it is that April month is not good for bitcoins? Because, I read some people are saying April month is good for both bitcoin and altcoins but you are mentioning here something different and that is the reason I'm really confused about this topic. Anyway as of now, this April month is not good for bitcoin market because right now bitcoin market is in to correction; so probably you are right.

At the same time altcoins markets also got stopped after bitcoin entered into correction period; only after bitcoin getting back to normal I guess altcoins season will continue.
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April 25, 2021, 08:57:20 PM
 #143

it is necessary to note that April is not always an advantage for Bitcoin. maybe this april this year all the altcoins reached their highest price or reached the price of Ath. but for april next year i'm not sure if altcoin will experience like this again. but we hope every year the altcoins will find the best price.
How true it is that April month is not good for bitcoins? Because, I read some people are saying April month is good for both bitcoin and altcoins but you are mentioning here something different and that is the reason I'm really confused about this topic. Anyway as of now, this April month is not good for bitcoin market because right now bitcoin market is in to correction; so probably you are right.

At the same time altcoins markets also got stopped after bitcoin entered into correction period; only after bitcoin getting back to normal I guess altcoins season will continue.

Altcoins season would not be possible without a bull run of bitcoin, you can tell by the dominance of bitcoin, and the fact that the dominant rate of bitcoin has dropped below 50% this month, that says altcoins are growing while bitcoin are a bit stable or has a little growth compared to altcoins.

The growth of altcoins are in the later stage of the bull run, but it's actually bitcoin which started it first.

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April 25, 2021, 08:59:44 PM
 #144

it is necessary to note that April is not always an advantage for Bitcoin. maybe this april this year all the altcoins reached their highest price or reached the price of Ath. but for april next year i'm not sure if altcoin will experience like this again. but we hope every year the altcoins will find the best price.
How true it is that April month is not good for bitcoins? Because, I read some people are saying April month is good for both bitcoin and altcoins but you are mentioning here something different and that is the reason I'm really confused about this topic. Anyway as of now, this April month is not good for bitcoin market because right now bitcoin market is in to correction; so probably you are right.

At the same time altcoins markets also got stopped after bitcoin entered into correction period; only after bitcoin getting back to normal I guess altcoins season will continue.

Altcoins season would not be possible without a bull run of bitcoin, you can tell by the dominance of bitcoin, and the fact that the dominant rate of bitcoin has dropped below 50% this month, that says altcoins are growing while bitcoin are a bit stable or has a little growth compared to altcoins.

The growth of altcoins are in the later stage of the bull run, but it's actually bitcoin which started it first.
Its always to be like that where markets do shifts out or have some balance for some time.When it comes to trend then its just normal to say that Bitcoin would really be the catalyst of having an
altcoin season because it would really be just dragged on and also it might not be correlated from time to time but it is bit evident on what we are currently seeing now.

The thing here is that we do know on how to get or secure profits while you can or does have the opportunity but if you do intend to hold then its up to your choice.
Chances like these doesnt really come often thats why you should really make out decisions wisely.

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April 25, 2021, 09:47:01 PM
 #145

Not really or not sure, because I saw quite a decline in recent days, even at the beginning when the market was moving down the assets of the people holding major coins lost more than 30%, so the altseason still doesn't show up if you look at the current market conditions.

ETH price nowadays is not increasing anymore and so as the other altcoins. maybe the sauce is not as we expected as the current situation of the pandemic has got worse, many people are forced to withdraw their crypto assets and convert them to fiat. some are even more in fear because of the recent tragedy of Turkey's exchange which is the owner scam all of their exchange user's assets and runs off with their money which is costs 2 billion dollars.

https://news.bitcoin.com/turkish-crypto-exchange-exit-scam-ceo-flees-country-people-detained-users-cannot-access-2-billion-funds/

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April 25, 2021, 09:52:42 PM
 #146

At the start to the middle of this month we all thought April was going to be be a bullish month because so many altcoins pumped insanely like dogecoin, Ethereum, safemoon and some other meme coins, but right after the middle of this month everything turned bearish and its still that way till today, seems like this month is going to end that way, I just hope this is not a sign of a bearish trend  about to happen.

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April 25, 2021, 09:52:48 PM
 #147

Not really or not sure, because I saw quite a decline in recent days, even at the beginning when the market was moving down the assets of the people holding major coins lost more than 30%, so the altseason still doesn't show up if you look at the current market conditions.

ETH price nowadays is not increasing anymore and so as the other altcoins. maybe the sauce is not as we expected as the current situation of the pandemic has got worse, many people are forced to withdraw their crypto assets and convert them to fiat. some are even more in fear because of the recent tragedy of Turkey's exchange which is the owner scam all of their exchange user's assets and runs off with their money which is costs 2 billion dollars.

https://news.bitcoin.com/turkish-crypto-exchange-exit-scam-ceo-flees-country-people-detained-users-cannot-access-2-billion-funds/

We are already at worse speaking of a pandemic, the reason for the withdrawal could be due to the market situation, there's a huge dump and people panic, that's classic, we've seen that in the past, so it's not new. Let them panic and bring this price to its dip, it's not bad anyway as bitcoin will recover, instead, it's good for us since we will see an opportunity to accumulate.

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April 25, 2021, 10:04:29 PM
 #148

April goes pretty bad, considering how good January and February, it was pretty disappointing March and April. Luckily we filled our bags already so we didn't get affected much. Still 5 days to close the month though, I think May will be better. Especially in major altcoins we can see good price moves after this accumulation phase. Some coins look cheaper to me, but I don't hurry to fill my wallet. New opportunities may come before May -pun intended-. Smiley

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April 25, 2021, 10:59:48 PM
 #149

At the start to the middle of this month we all thought April was going to be be a bullish month because so many altcoins pumped insanely like dogecoin, Ethereum, safemoon and some other meme coins, but right after the middle of this month everything turned bearish and its still that way till today, seems like this month is going to end that way, I just hope this is not a sign of a bearish trend  about to happen.
Because of the pice increased or spike its normal thar we will be able to experience this dump, April may not be about the pump but its about to buy back or TO let other starts their investment journey since adoption can still happen anytime soon just be focused on what alt to buy with.

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April 25, 2021, 11:11:04 PM
 #150

You should not be afraid of Bear market. If you are into trading then the "shorts" should bring some nice gains too. Even in Bull market there are "short" ALTS.
 
Trade safe <> Stay safe

Well, in all honesty, even though you have purchased coins during the peak season, you should not be terrified of a bear season at all. The guy above is right, you should not be afraid of the bear market. That is even the best opportunity for you to get some coins at very low prices. Then you invest and wait for the bull market again in a few years. And that few years of waiting is really something if you are patient enough for that big pay day.

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April 25, 2021, 11:15:38 PM
 #151

You should not be afraid of Bear market. If you are into trading then the "shorts" should bring some nice gains too. Even in Bull market there are "short" ALTS.
 
Trade safe <> Stay safe

Well, in all honesty, even though you have purchased coins during the peak season, you should not be terrified of a bear season at all. The guy above is right, you should not be afraid of the bear market. That is even the best opportunity for you to get some coins at very low prices. Then you invest and wait for the bull market again in a few years. And that few years of waiting is really something if you are patient enough for that big pay day.

You shouldn't;t be afraid of bear because you should have dumped what you have first and then figure after weeks whether to buy back or not. Its not about holding your coins while there is a bear market, you'd be losing your profit when that happens.

Bear happens every after the bull market by then we all know how to make money out of it because its been happening over and over. Now that all the prices are driving down, title must be changed to April is the real bear season.  Cheesy



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April 25, 2021, 11:17:34 PM
 #152

April goes pretty bad, considering how good January and February, it was pretty disappointing March and April. Luckily we filled our bags already so we didn't get affected much. Still 5 days to close the month though, I think May will be better. Especially in major altcoins we can see good price moves after this accumulation phase. Some coins look cheaper to me, but I don't hurry to fill my wallet. New opportunities may come before May -pun intended-. Smiley
I hope that the market was able to sustain the market trend as I was also worried that altcoins will follow Bitcoin in the next few days. It was visible that Bitcoin price is dropping and we probably know that Altcoins are next to drop. I hope I was wrong and hoping this is not the end of the bullish season.

I consider April is the best time ever for altcoins at this moment, we're not sure about next month and so we can compare it. But if we are comparing since January until today, it'll find great this April.
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April 25, 2021, 11:21:25 PM
 #153

Not really or not sure, because I saw quite a decline in recent days, even at the beginning when the market was moving down the assets of the people holding major coins lost more than 30%,
April is ending and instead of we see the alt season, we see the season for the red times. It's probably the season that everyone should accumulate and buy more altcoins that they prefer.

so the altseason still doesn't show up if you look at the current market conditions.
What if it already did? because most of the alts have already pumped and this is a correction due to it.

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April 25, 2021, 11:53:00 PM
 #154

I hope that the market was able to sustain the market trend as I was also worried that altcoins will follow Bitcoin in the next few days. It was visible that Bitcoin price is dropping and we probably know that Altcoins are next to drop. I hope I was wrong and hoping this is not the end of the bullish season.

It's not the end of the season but rather a longer correction and accumulation phase I see. We are still in a down trend for almost all of the major altcoins, there are exceptions though, like Solana and Cake. Other than them technical analysis says this down trend won't finish in a couple days but definitely it will find its ground and move up again. If you are in good coins there is no need to worry, but if you hold shitcoins everything is possible, it's a gamble.

R


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April 26, 2021, 12:01:04 AM
 #155

I’m not sure , but I think the real

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April 26, 2021, 08:03:55 AM
 #156

Looking like real alt season.Traders who were around for the 2017-18 Alt Season... Some days ago Bitcoin dominance  was dropped nd it seems like we might finally be entering a real alt season again. I holding more alts now. I advise everyobe HODL and enjoy the ride with exit strategies in place.

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April 26, 2021, 09:34:39 AM
 #157

I already sold or exchanged most of my altcoins for bitcoin at the beginning of April Sad At least I reached my investment goal. In 2018 I saw the rise and then endured the market collapse. I didn't want that to me happen again. I think that everyone has to set personal goals. Ideally, adaptation of cryptocurrencies will be pushed further, so that I do not have to convert to fiat in the first place Smiley

Have a great day and happy altseason!
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April 26, 2021, 10:16:31 AM
 #158

I already sold or exchanged most of my altcoins for bitcoin at the beginning of April Sad At least I reached my investment goal. In 2018 I saw the rise and then endured the market collapse. I didn't want that to me happen again. I think that everyone has to set personal goals. Ideally, adaptation of cryptocurrencies will be pushed further, so that I do not have to convert to fiat in the first place Smiley

Have a great day and happy altseason!

I thought about doing similar trades and top up my bitcoin holdings but I didn't have any free fiat money. Luckily I didn't sell my alt cois. It seems that April wasn't the best month for bitcoins. Maybe in May bitcoins are going to rebound. When switching from alt coins into btc and vice versa it is always the risk to miss out on the next rally.
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April 26, 2021, 02:26:06 PM
 #159

yes investos might goes back into work with the trading as month of the new season to returns with the drawing as gains with the different on results with the market, as more to follows on chance with the tasks of revision to last as more on length with the trading project terms.

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April 26, 2021, 02:55:33 PM
 #160

I already sold or exchanged most of my altcoins for bitcoin at the beginning of April Sad At least I reached my investment goal. In 2018 I saw the rise and then endured the market collapse. I didn't want that to me happen again. I think that everyone has to set personal goals. Ideally, adaptation of cryptocurrencies will be pushed further, so that I do not have to convert to fiat in the first place Smiley

Have a great day and happy altseason!

I thought about doing similar trades and top up my bitcoin holdings but I didn't have any free fiat money. Luckily I didn't sell my alt cois. It seems that April wasn't the best month for bitcoins. Maybe in May bitcoins are going to rebound. When switching from alt coins into btc and vice versa it is always the risk to miss out on the next rally.

Got lucky indeed! the market for Bitcoin is not good for this month as we've seen corrections that takeover.

But who knows next month or the following might bring great things to this asset, there's no certainty within this market you just need
to work with your knowledge and keep analyzing the potential and possibilities.
Keep working for the best outcome this investment venue can bring huge benefits if you'll be keen in finding the right assets to hold.
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