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Author Topic: When Altseason ?  (Read 529 times)
ivankoh
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May 07, 2021, 06:03:38 AM
 #21

Bitcoin Dominance is decreasing slowly and Ethereum is continuously increasing. Ethereum always lead the Big Altcoin season.
Not so optimistic about altcoin coming into harvest season.  Apparently, bitcoin is moving sideways in the direction of $ 55k - $ 57k as a probe of the trend.  Though, ETC, EOS is showing a very strong bull run for 2 days now.  But I don't think BTC will maintain this level anymore.  So I believe I take profit and wait a bit.

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May 07, 2021, 10:16:29 AM
 #22

Has not altcoin season been starting since last year? I can't believe if that cycle was true. An altcoin is still growing when bitcoin is very stable. We didn't see any increase happened with bitcoin since ethereum has been growing so much. TBH it's quite difficult to determine whether we have entered the altcoin or not.


People are arguing altcoin season is happening anytime wben bitcoin stabilizes.
its so unpredictable bro even now they are both making progress that's why most investors and traders are wondering what is the real happenings in here. More rumours occurs and doubts about it but as the matter of fact the growth rate of alts and btc is both become so optimistic during the uptrend in the market .. Seems its really possible to happen in the future again.. Now it willl become skeptical as well when bitcoin experience a masive dump coz for sure alts has possibility to follow after because of this results.
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May 07, 2021, 10:48:35 AM
 #23

On one hand, a lot of people believes that altcoin season has come or has been on for quite a time now while a lot are still saying that it's yet to start fully.
Now looking at these, many altcoins has been growing for the past months, many are already reaching a new ATH and even shitcoins are not left out from the pump, to add to it even when the market is down a lot of shitcoins do not seems to care as they still pumps.
At the same time, currently Bitcoin dominance is dropping and it shows that, attention has shifted to altcoins that is also to say that altcoin season might still be lurking around while waiting to break out massively.
But nevertheless, one needs to be prepared for the inevitable and at all times because no one can perfectly predict this market.

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May 07, 2021, 11:08:08 AM
 #24

Damn the alt season!, dammit!
Has not altcoin season been starting since last year? I can't believe if that cycle was true. An altcoin is still growing when bitcoin is very stable. We didn't see any increase happened with bitcoin since ethereum has been growing so much. TBH it's quite difficult to determine whether we have entered the altcoin or not.


People are arguing altcoin season is happening anytime wben bitcoin stabilizes.
I would argue it is the opposite, the price of bitcoin stabilizes because people think its price is too high and they slowly but surely prefer to invest in altcoins, this makes the price of bitcoin even more stable and it definitely marks the beginning of an altcoin season, however people need to be careful as the price of altcoins can easily crash and this could be the case as sooner or later people will want to convert their profits back to fiat or bitcoin and they will leave altcoins behind and many retail investors will lose their money when they try to hold their altcoins not realizing that holding altcoins is most of the time a mistake.

Altseason attracts a lot of people to the cryptocurrency industry and a lot of newbies come. But cryptocurrency continue to be very risky. That people who do not want to risk can invest in the professional investment pools like https://defiscale.io/ that invest money in gambling and finance and offer a stable income to investors.


that link you provided is a scam! we've already mentioned it previously, if you wanna lose your money so be it  but please don't share this scam here on the forum.
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May 07, 2021, 11:18:43 AM
 #25

Altseason attracts a lot of people to the cryptocurrency industry and a lot of newbies come. But cryptocurrency continue to be very risky. That people who do not want to risk can invest in the professional investment pools like https://defiscale.io/ that invest money in gambling and finance and offer a stable income to investors.

Investing in such investment pools, which offer a guaranteed payout on your deposit, most often turn out to be ponzi schemes. And for a beginner to recognize this type of fraud is very difficult, which will subsequently lead to the loss of money. Therefore, it is necessary to be further away from such projects.

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May 07, 2021, 12:14:47 PM
 #26

Don't focus on a date but understand money flow. Duration of the phases are parabolic meaning first takes longest & last goes fastest. Phases overlap & can temporarily reverse. Prepare accordingly.

Path to Altseason
Alt season is a function of the market due to new participants flooding into crypto around the same time .This is usually triggered by the BTC mining supply halving every 4 years (which causes a surge in price) or a sudden loss of faith in centralized fiat currencies. The duration of the phases are parabolic in nature meaning Phase 1 takes the longest & Phase 4 goes the fastest. Phases overlap & can temporarily reverse before continuing but we always end up at the mania of Al t season . It's  likely there are multiple Al t seasons per crypto bull cycle of varying degrees. The biggest one being after the end of bitcoin's bull run when the largest number of participants enter the markets.

Phase 1: Bitcoin

Money Flow
- Flow of money moves into Bitcoin causing prices surges
Phase      - Money flows into Ethereum but it struggles to keep up with Bitcoin
Overlap   - Ethereum goes back and forth with bitcoin and starts outperforming it

Phase 2: Ethereum
Money Flow :
-Ethereum is outperforming Bitcoin and we hear talks of the flippening
Phase Overlap - Money is flowing into large caps where we see large buy ups happening

Phase 3: Large Caps

Money Flow :
Ethereum has been outperforming Bitcoin and large caps are going parabolic
Phase Overlap - Regardless of market cap, some altcoins with strong fundamentals are having pumps

Phase 4: Altseason

- Large caps have gone full vertical and we're seeing blow off tops
- Mid caps, low caps, micro caps all tend to pump around the same time
- Large caps have been outperforming Bitcoin and Ethereum
- It seem every coin is going parabolic regardless of fundamentals
- Meme's are everywhere, everyone is super excited and you feel the mania in the air


Mmmhh ... Unless you're 'Secrets' himself, I think you should have provided a source. Buddy,  you have to be careful with this sort of thing cos some would call it plagiarism.

That said, the idea of ​​the post is good since the information provided by 'Secrets' is of high quality! Smiley



https://twitter.com/SecretsOfCrypto/status/1390407090645082112


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May 07, 2021, 12:27:18 PM
 #27

Don't wait for a signal for altseason. Look at individual altcoin and gauss its potential. Last, it was doge coin because of 420. Now, it was ETC. And there are other altcoins that have their own gain as well.
You can see not just all altcoin, just some individual coin out there so when there is actually altseason, you already miss many opportunities like those above.
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May 07, 2021, 01:39:42 PM
 #28

@OP if you care for your account modified it by inserting the source of your post(unless youa re really the original author).  Plagiarism is a serious offence here and can result in a ban.   Many accounts had been a sample of it. 



I still believe we are at the 2nd or third phase, altcoin season is yet to come and might happen late quarter this year.  Not all altcoin are increasing their prices, only a few selected tokens are.  The surge of Ethereum clearly meets the 2nd phase category and the hype and surge of dogecoin and other large-cap coins are surely the example of phase 3 but Phase 4 isn't fully realized so I believe we aren't at altcoin season yet.

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May 07, 2021, 04:22:15 PM
 #29

The altcoin season still continues and maybe this month and next months will be the biggest altcoin season because I feel that the altcoin still has a chance to increase higher. You can prepare your coins by buying more while the price does not increase so high, but I guess that the top altcoin list already increases. But that does not mean those top altcoins can not increase more than now because the next altcoin season will come to us.



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May 07, 2021, 04:41:55 PM
 #30

Bitcoin Dominance is decreasing slowly and Ethereum is continuously increasing. Ethereum always lead the Big Altcoin season.Now Eth is increasing and will also lead the Altcoin season in the next few weeks hopefully.
I also believe this. Ethereum is the king of altcoins. Ethereum is now continuously growing. This time the bullran is a little different. First Bitcoin, then Ethereum and I think it's the turn of other Altcoins. Maybe in a few days other altcoins will start following Ethereum.

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May 07, 2021, 06:18:50 PM
 #31

many people said if domination btc has decrease below 50% and continue down that mean altseason is about to start.
but we cant compare from one aspect, since there are many factor that determined altseason, for me i will always look condition market if will go to trade.
Now btc dominance is 42% and stable in range 55k$-57k$, maybe an altseason is happening right now.

may should be moment for altcoin season, bitcoin dominance drop alot and many altcoin have fundamental that will released in this quarter. while bitcoin ranging , major altcoin will lead the market to pump .

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May 07, 2021, 08:07:24 PM
 #32

many people said if domination btc has decrease below 50% and continue down that mean altseason is about to start.
but we cant compare from one aspect, since there are many factor that determined altseason, for me i will always look condition market if will go to trade.
Now btc dominance is 42% and stable in range 55k$-57k$, maybe an altseason is happening right now.
Alt season IS happening right now, I mean don't you see the increases made in the prices of altcoins? We are talking about most of the altcoins going super high. How do you think that price of bitcoin stayed stable during the same period while the dominance dropped? That means that altcoins went up super high in price to drop bitcoins dominance while price of it stayed the same.

It is literally the proof that we are in an altseason right now. I never really understood what people want, last year ethereum was around 130 dollars or so, this year it is 3.5k+ dollars, how do you not call that an alt season, even on the last month or two it became 3.5k from 2k levels, that is a huge increase. That is why I believe it is not going to be that easy to go on increasing forever, bitcoin will eventually take back some of that dominance and end the altseason soon if you ask me.

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May 07, 2021, 08:21:12 PM
 #33

Bitcoin Dominance is decreasing slowly and Ethereum is continuously increasing. Ethereum always lead the Big Altcoin season.Now Eth is increasing and will also lead the Altcoin season in the next few weeks hopefully.
The meaning of Domination on each coin is not solely seen from the price alone, because Domination must be seen in general and in a broader sense so that everyone can draw the right conclusion for it, and I think Bitcoin Domination is still very strong at the time This is because if Bitcoin Domination starts to decline, then others will also experience a decline because Bitcoin has now become the basic benchmark for others.
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May 07, 2021, 08:34:03 PM
 #34

Don't wait for a signal for altseason. Look at individual altcoin and gauss its potential. Last, it was doge coin because of 420. Now, it was ETC. And there are other altcoins that have their own gain as well.
You can see not just all altcoin, just some individual coin out there so when there is actually altseason, you already miss many opportunities like those above.
l think also we should not waste any time, there is always a chance to make money. As you mentioned some altcoins have also started increasing and that means we don't need altcoinseason. Indeed when altcoin season comes everything will be better, however as l said some coins have already started getting better like ETH, BNB. The price of both reached their own ATH and no doubt it will be higher in the near future, we should use this chance.

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May 07, 2021, 09:12:47 PM
 #35

Bitcoin Dominance is decreasing slowly and Ethereum is continuously increasing. Ethereum always lead the Big Altcoin season.Now Eth is increasing and will also lead the Altcoin season in the next few weeks hopefully.
The meaning of Domination on each coin is not solely seen from the price alone, because Domination must be seen in general and in a broader sense so that everyone can draw the right conclusion for it, and I think Bitcoin Domination is still very strong at the time This is because if Bitcoin Domination starts to decline, then others will also experience a decline because Bitcoin has now become the basic benchmark for others.

If you see the dominance of bitcoin I am pretty sure the altseason will soon be present plus the successful eth cycle trying to pump when bitcoin is slowly decreasing. And if you look at when bitcoin goes down there are some altcoins that can still be supported by it, looking again at the market recovery is quite fast and that's what makes me pretty sure. altseason is awaited a lot, therefore it is better to prepare a bag so that you can get more results in this year's altseason

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May 08, 2021, 05:51:15 PM
 #36

Don't focus on a date but understand money flow
snip

A detailed plan to mass destruction, a plan good for those who are able to create pump & dumps. There is no science behind this shit and the fact that it worked that way in the past doesn't mean is gonna repeat in the future.
good luck
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May 08, 2021, 05:58:20 PM
 #37

Take advantage of this altseason to stack more cash in preparation for bear seasons. Before I don’t believe or care about altseason but now I believe that the cycle really make sense. Most coins are probably going to make significant price pumps specially the top 100 coins going to surpass their all time highs.
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May 08, 2021, 05:58:29 PM
 #38

It's most likely that the altcoin season is here already. The price of most altcoins have started increasing gradually, and the dominance of Bitcoin have also dropped. I think this altcoin season would last longer because the prices of altcoins are increasing gradually and not rapidly.

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May 10, 2021, 10:39:48 PM
 #39

The question now should be when is the altcoins season ending, if anyone is still asking when is the altcoins season begining then that person must have been in the dark. Alt season started late last year and it continued into this year. Already we have seen different alts doing impressive numbers and other old coins recording new highs.

Investing in altcoins now should be very strategic as no one knows when the corrections will start coming in. We're in the last stage that's if there'll be more to come which probably will take us into year end.

If there was no precautions measure already put in place like stop loss then that should be set up immediately as anything can happen. Avoid investing in shitcoin now, sure they have given huge profit but don't let that fool you into investing in scam as that's likely what'll be trending now.
True, at this time the altcoin season is in full swing but this has me worried, we saw the same during the last bull run and we know that this could cause a huge crash as people begin to sell their coins and they find no buyers they begin a race to the bottom from which it is difficult to escape, I really hope that bitcoin can resist the drop as now we have stronger hands holding huge amounts of bitcoin, but it is still possible we see a repetition of what happened back then and we see a huge bear market which takes us years to recover from.
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May 11, 2021, 01:53:46 PM
 #40

Many are speculating about when the Altcoins season will begin, last week many took it for granted that it had begun, but for my part I feel that it is still missing, BTC has a dominance that has dropped, but this is not an indication that it should already begin, I think that if some altcoins are rising in price, such as ETH, EOS, LTC they are giving these bullish turns because they eventually have some benefits, as in the case of LTC that its fees are very low and it has sustained growth, in the article they speak that it can reach a good price, it is speculated that it may be like this:


Quote
If the LTC/USDT pair rebounds off the breakout level, it will suggest that the bulls are buying every minor dip. That will increase the possibility of the resumption of the uptrend with the next target at $463.31 and then $500.

Of course the market is having some fluctuation, in some cases it may be that EOS that last week rose 100% may fall, but for now the crypto situation can be measured like this:


Source: https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link

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