Does Altcoin season started again?

[wajik-tempe]

The market is not stable so it is very difficult to predict but now the market must move forward believing that no matter which way it goes. The prices of the currencies have fallen so much that those who invest now will hold on, the future will be brighter if the prices of the next currencies rise it is difficult to predict how far the NFT will go in this project. If the demand in the market is high then it will rise very soon market research is needed to determine the depth of altcoin.

It's okay to invest now but don't go all in and just wait for a higher price, it's more okay to just invest some and hold some ungent balance in our account for worse case which is if the price going down back again we could buy some more. And NFT becoming a hype this year and many crypto based game are using NFT to sell their in game items which is really fun and hype for many people. I'm sure next year will be still NFT year, we are waiting for more upcoming NFT platform that can hook newcomer in cryptocurrency

[irsada]

To be honest, it's very hard to say but if you look at the events at the beginning of the year, it is almost similar to what is happening today, such as starting with the doge pumping so high, it's almost similar to events now with pumped nft projects, especially about games. hopefully we can see the bull market again.

[yazher]

Nope, I believe this little price recovery is giving you guys the opportunity to opt out because crypto market can't escape bear market soon, there is no good news that's as crazy as halving season and that's already in the past now, honestly we all favoured in the bull run when BTC was trading at 60k, for me it's good enough as I'm not expecting anything more again

I somewhat Agree at some point but as of now, you can't really tell what's going to happen this 3rd quarter of the year. Since some of those guys managed to gain huge amount of income in the last bull run, I doubt that they will come back again to stress themselves by putting their money back in the crypto market and looking it all over again. Probably they temporarily retire from the industry and will come back again when the opportunity looks good in the crypto market. This is one of the reasons why there aren't so many investors right now than it was before.

[imstillthebest]

the amazon news was a false alarm . its only a rumor and amazon later confirmed that they wont accept btc .
tesla only accept btc at the beggning but later on they unaccept it again and for the google and facebook i dont hear that they will accept btc but i only heard that google ban btc ads and facebook will create its own crypto but this all dont hold the growth of btc and altcoins because if we can see the crypto market is now back in green .

[ethereumhunter]

The market is not stable so it is very difficult to predict but now the market must move forward believing that no matter which way it goes. The prices of the currencies have fallen so much that those who invest now will hold on, the future will be brighter if the prices of the next currencies rise it is difficult to predict how far the NFT will go in this project. If the demand in the market is high then it will rise very soon market research is needed to determine the depth of altcoin.

It's okay to invest now but don't go all in and just wait for a higher price, it's more okay to just invest some and hold some ungent balance in our account for worse case which is if the price going down back again we could buy some more. And NFT becoming a hype this year and many crypto based game are using NFT to sell their in game items which is really fun and hype for many people. I'm sure next year will be still NFT year, we are waiting for more upcoming NFT platform that can hook newcomer in cryptocurrency

Going all-in will not be recommended as we do not know if the price can still increase in the next hours or go down. It is better to invest in some amount and leave some other amount to the next down if there is a chance to go down. I think the NFT can still exist on the crypto market, but the trend will reduce because that can change in the next year. But if NFT can survive and bring a new experience to the user, the NFT can still get more good news and that means people will also profit from that.

[oemar bakrie]

The economic situation that was destroyed due to the pandemic did not change the value of crypto..but instead it went very high, and in my view this will all be even better for the value of crypto because everyone is trying to get the economy back on track by increasing the price of digital money and that affects the selling value of crypto..

[nurulhmani1280wat]

for now developments in the market are very positive. I see there is a new direction that the market price is going up, I think maybe in the next few days we will see another bull market

[isaac_clarke22]

~

For BTC, sure but for some alts? I am not sure about that.
What do you mean by the way about those factors you mentioned?

[dataispower]

As a matter of fact I've been thinking the market has resumed to its usual bull cycle but I'm not convinced because the Global market cap is still far below the time BTC rose to $64k so, we are likely not going to see redundant power of alts yet. Let's hope more funds are pumped back to the market before we can see that.

[southerngentuk]

Current news and developments in the market are very positive. There are new directions that are spreading and will explode in the future. Personally, I think maybe around September we will see the bull market again.

So far, there is no reason to believe that the altcoin season has begun or may soon begin on the cryptocurrency market. Yesterday's good price growth should most likely be regarded as a short-term surge. It seems that the reason for this was the spread of information that Amazon will soon accept payments in bitcoins, which it recently denied. Therefore, today we are witnessing a decrease in the increased prices again.
Plus, the second half of summer has never been a good time to run bulls. I think that for this we need to wait for autumn.

maybe I think it's starting to happen, the big coins have also started to have growth. I think it is very likely that in the coming days we will see BTC surpass the $45000 mark, moreover the current situation shows that people are also excited about the market. However, still need to prepare for other bad scenarios, I also have a feeling that BTC will be able to test $30k.

[lizarder]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Hi.

Altcoins have criteria for us to invest in, first we must be able to see market opportunities, secondly the level of trend towards the altcoin itself, thirdly the right analysis. These criteria are important for us to understand in investing in altcoins both summer and winter.

While BTC is the top 1 coin in the market cap for now, they are very likely to be very profitable under any circumstances, but BTC is not the right opportunity to invest for beginners, given the very expensive purchase price in the market.

The current weakness of altcoins is that market conditions are increasingly unstable, market speculation cannot be predicted by people, so altcoins are increasingly not providing great opportunities for people who want to invest. It would be nice for altcoins to be able to avoid the current unstable market conditions.

[aylabadia05]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Specifically, I think what if you add Coinmarketcap as the first reference to help you analyze about the coin.
I think, the platform you mentioned is good, but too general for coin related news.

[KaliLinux]

People have been asking this question back from earlier this year and during the last Bitcoin rally to $60K+, we also witness many Alts doing their new ATHs, so when exactly will the Alts have a separate season? Now the market is down because most people dump Bitcoin due to lots of negativity from people like Elon musk and country like China with what they said about Bitcoin and Alts followed. Forme, I would rather just have a good Bitcoin rally and I know Alts would follow suit.

[imamusma]

only inexperienced people trust tweets from big influencers. only self-analysis can make us successful from the arrival of the altcoin season and maximize profit

Yes, trusting someone's tweets is a very silly thing, because the person who tweets also has his own purpose for that, and he may write the wrong tweet in order to carry out his mission for something.

[btc78]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Disregard tesla because that is not part of the factors as cryptonians already lose their trust and support to Elon musk .

Amazon is really the one that this market is eying now , even the recent news about Amazon's considering bitcoin to be accepted really earn pump as we now cross 40,000 again from below 30,000 last week.
so if this is the main factor then how much google and facebook added?

[Kasabus]

for now developments in the market are very positive. I see there is a new direction that the market price is going up, I think maybe in the next few days we will see another bull market

Everytime positive news come in the market, bitcoin seen to have a price increase but when amazon clears the issue, bitcoin price suddenly decline. But considering there are other good factors that will make bitcoin price surges, then we can expect that altcoins too will also follow the path of bitcoin.

However, not all altcoins will definitely increase their value because the worthless ones will stay undervalued. So even if alts season will happen in the following months, there's no guarantee that all of them will eventually increase.

[LazerPanther]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

It doesn’t matter. Time in the market is better than timing the market.

Lol, market entry and time in the market are equally important. When you have a good entry point, you will save time. And you will achieve the desired profit in less time.

[vabchgent]

It may or may not, but I still think about the possibility of altcoin recovery in the near term. The current signs are showing the preparation for something, I think it will be seen in the near future, the NFT game is creating a fever and is also one of the influencing factors to let people return to the market.

Alt coin recovery sounds like you think that the whole spectrum of alt coins will bounce back, but that thought neglects the fact that most of the alt coins are simply doomed because they are not worth anything as they don't offer anything special to their users. They are just empty shells created to once be used for pump and dump and that's it.

So what ?
You can lose your trust in those altcoins, me too. But what we're talking about here is a market rally, and the ongoing signs allow us to believe in it. And time will tell, this question, totally agree with you that not all altcoins create value, and they are just completely pumped. And those projects are not all altcoins, just bad cases, what we are aiming for are transparent projects that are serious and easy to operate and develop.

Yes and those projects represent the vast majority of all projects out there. Projects with real intentions and talent and money backing their mission are rare. It feels like they are often drowning in the ocean of shit coins, but that's the way it is. The only thing you can do is due diligence and even then you can't be sure to make the right choices.

[blue_nexus15]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Regrettably, I think the summer has fallen for the whole market,
 We are moving to the fall. I can't tell if a bull run is likely to return but if bitcoin can break through above $41k, I think then we will really enter altcoin season once again. Bulls are staking at $41k, damn, need a few more catalysts to break its horns. Lol

[Marvelman]

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Bitcoin Dominance is at 49% now. There is heavy resistance between 49-51% and dominance needs to stay below it for altcoins to rally. The altcoin market may recover once BTC reaches a more stable range again. For now, BTC is too volatile. In any case, it's good to see one of the main altcoins stabilized at higher levels, even if it's just a consolidation. However, in the long run, the Bitcoin price has a lot of potential.