Does Altcoin season started again?

[andriarto]

the altcoin session in my opinion takes a very long time to recover, because altcoins wait for bitcoin prices to recover first before finally being able to make altcoin prices rise, so I think now might be the right time to buy altcoins because the prices are still cheap can provide you profit a lot when the price goes up and there is an altcoin session.

I also think so. maybe, we need to wait for the price of bitcoin to exceed the price of $50k until we can see the price of altcoins start to rise again. The correction that occurs when the bitcoin price drops from its ATH is enough to make the altcoin price drop drastically. Personally, I'm also waiting for that. I hope the altcoin season starts this month or next month.

for this time maybe investors focus on bitcoin, it is true that if bitcoin has gone up high, of course investors take turns to increase the price of potential altcoins. and I think this has happened many times. but don't choose the wrong altcoin, because not all altcoins can follow in the footsteps of bitcoin, and this means that the coin has become ashes

[thesosorr]

The difference with bitcoin, they are more stable at the beginning and end of the year, depending on the moment that occurs in the country of origin, the influence is also very large on people who have more power, if they have started talking about bitcoin, then the market influence is very decisive.

You also don't misunderstand the development of the Bitcoin price. Beginning of 2021, Bitcoin is not like the current price guys. That's a sign that Bitcoin is also not always in a stable price condition.

[Devifajarina]

You also don't misunderstand the development of the Bitcoin price. Beginning of 2021, Bitcoin is not like the current price guys. That's a sign that Bitcoin is also not always in a stable price condition.
[/quote]

Even so bitcoin is more stable than other coins, this is evidenced by the state of the market this year and last year, if there is indeed a decline in price, it is normal for any existing coin.

But the source of the assessment is that the coin is able to last a long time with a stable price, almost all coins have never experienced anything similar to bitcoin, are able to maintain a good bargaining price in the market, this is why I say bitcoin is more stable than other coins.

That's what I mean guys.

[Dragonfund]

I Think the altcoin season is over, considering that the status of the market has switched to bearish from the bullish nature early this year. And history will further confirm it, as there has been no time in crypto history that we had two altcoins season in one year. Prepare for more bearish moves.

I think it may be far from over buddy. I was has the same idea thinking anytime that the market green in every bull rum cycle, there will be a time when everyone will sell off and we have to start over again but looking at things critically, I don't think that will happen soon even though now that we have lots of shitcoins shouting they are revolutionizing traditional systems, funny right.
Whatever I see in this market, I'm ready to ride it fully.

[wajik-tempe]

I Think the altcoin season is over, considering that the status of the market has switched to bearish from the bullish nature early this year. And history will further confirm it, as there has been no time in crypto history that we had two altcoins season in one year. Prepare for more bearish moves.

I think it may be far from over buddy. I was has the same idea thinking anytime that the market green in every bull rum cycle, there will be a time when everyone will sell off and we have to start over again but looking at things critically, I don't think that will happen soon even though now that we have lots of shitcoins shouting they are revolutionizing traditional systems, funny right.
Whatever I see in this market, I'm ready to ride it fully.

It won't be over soon, there will be another wave in near future this year because we could see the market cap is increasing means the whales are restocking their portofolio with alts also ETH was rallying very good to 3k lately. So i think this time is just the buying time for the investors before they pump it to the top later on

[nhaila]

It has been seen for a few days that the market is moving towards some improvement than the previous day.Many are speculating that the market will move to its previous position. It seems that the altcoins session has started coming again.

[bamb]

The altcoin market price bump is more like a flash now considering what is going in the world economy and Cryptocurrency market.  There are fear of regulators coming hard on centralized exchange,  covid -19 is still spreading and many Nations are in debt!  Altcoin season is far from happening at the moment!

[nomenclatur]

investment is an option if you choose to invest in altcoins then you really have to choose an altcoin that recovers quickly I see DEXE is growing so fast it's really an altcoin that is different from others it is possible that altcoins will start their revival in the near because bitcoin dominance is still very dominant. waiting for bitcoin's dominance to fall, investors will switch to altcoins.

[vabchgent]

I Think the altcoin season is over, considering that the status of the market has switched to bearish from the bullish nature early this year. And history will further confirm it, as there has been no time in crypto history that we had two altcoins season in one year. Prepare for more bearish moves.

I think it may be far from over buddy. I was has the same idea thinking anytime that the market green in every bull rum cycle, there will be a time when everyone will sell off and we have to start over again but looking at things critically, I don't think that will happen soon even though now that we have lots of shitcoins shouting they are revolutionizing traditional systems, funny right.
Whatever I see in this market, I'm ready to ride it fully.

It won't be over soon, there will be another wave in near future this year because we could see the market cap is increasing means the whales are restocking their portofolio with alts also ETH was rallying very good to 3k lately. So i think this time is just the buying time for the investors before they pump it to the top later on

I am not sure that whales are stocking up during rallies really. I think they already stocked up during the crash, then initiate a rally and sell into the retail investors who are out there for q quick buck. Whales stocking up during rallies just doesn't sound convincing to me. If I were a whale, I'd buy when everything crashes as it doesn't bother me seeing m portfolio going into the red for some time. Very different for small investors though.

[Cvetik56]

It definitely started. ETH went up to $3K and more and some others are rising. We definitely will see the rise for the whole August but what's gonna be next is hard to tell.

[freedomgo]

I was has the same idea thinking anytime that the market green in every bull rum cycle, there will be a time when everyone will sell off and we have to start over again but looking at things critically, I don't think that will happen soon even though now that we have lots of shitcoins shouting they are revolutionizing traditional systems, funny right.
Whatever I see in this market, I'm ready to ride it fully.

Bull rum cycle huh. Have to tell us what you're drinking:)

The sell off actually already started for a lot of defi coins and memecoins (look at DOGE, 1100 satoshi to barely 500 satoshi now even after Bitcoin pump and recent Elon hype pump).

So if you haven't let go of shitbags now, you're about to say goodbye to everything.

Shitbags does not have long term success, they are only good at short term because of hype, but eventually, they'll dump and will be forgotten, so it's not good to play long term on projects that has no potential, I agree DOGE is not a good project to hold, and Elon will eventually stop shilling it.

IMO, the bull run has happened already and what we are seeing is not anymore a bull run but just a short term bounce back, and we can never guarantee that the uptrend will continue, as it could be a trap as well.

[Yamifoud]

It definitely started. ETH went up to $3K and more and some others are rising. We definitely will see the rise for the whole August but what's gonna be next is hard to tell.

They are in hype for some reason and that was because of the hard fork that happens to ETH. It was likely seeing almost all altcoins are in the pump but it wasn't meant we are in the altcoins season, maybe we could say this if the market trend will keep even just a week but if not, this is just to conclude that it was only a manipulated trend.
Well, most of the time the market makes some good increase in the 3rd quarter. Maybe we are just repeating what happens in the previous years but have to remind everyone, don't get caught with the ball trap. Many had become a victim to this, just to be carefull.

[vabchgent]

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

[Clavulanic]

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?

My advice for everyone here, we shouldn't lose hope while the altcoins market still struggles to and suffer during volatility stage. Though we experienced secral drop don't give up and someday we will be able to see our coins soaring at very profitable value. It takes time to develop a certain token price, with this our emotions will be challenged so much.

[Sithara007]

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

Now the market knows how to react when a rumor surfaces regarding the government actions. Also, hacking of wallets happen every now and then, and what happened to Polygon was not unique. If they can't keep their coins secure, then it is their problem. Ideally such hacks should not have a major impact on the exchange rates of other coins. And there is one correction to your post. The victims were Poly Network, and they are different from Polygon (MATIC). Poly network is a Cross-Chain DeFi platform.

[Xampeuu]

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?

My advice for everyone here, we shouldn't lose hope while the altcoins market still struggles to and suffer during volatility stage. Though we experienced secral drop don't give up and someday we will be able to see our coins soaring at very profitable value. It takes time to develop a certain token price, with this our emotions will be challenged so much.

My advice for everyone here, we shouldn't lose hope while the altcoins market still struggles to and suffer during volatility stage. Though we experienced secral drop don't give up and someday we will be able to see our coins soaring at very profitable value. It takes time to develop a certain token price, with this our emotions will be challenged so much.

[onecall123]

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

In my opinion, Polygon (MATIC) is the prior choice I have, as well as the rest of us. Everyone wants it to stay up and this one doesn't suffer too much. In a very brief period of time, I experienced a huge increase in my portfolio. Is this a sign that Polygon was hacked? Leaving it aside, just trying to figure out what pumped. Anyone have any suggestions? From what I understand, it will just follow the same movements as Bitcoin and all the major altcoins.

[Pelana vreo]

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

as usual, the crypto market is in a bullrun phase as it nears the end of the year, but no one knows if altcoins will provide many surprises such as price increases when Bitcoin prices start to fall, current price increases due to Bitcoin prices and new investors starting to trade, season the heat is always positive in the crypto space, you can see every yearly chart at CMC and the situation keeps happening every year.

[ttcsalam]

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?

Yes after a long time we are seeing the market is going good day bay day so who has invest on past time just I will tell plz wait for someday I am sure market will go very good situation as soon as possible.

[Gayong88]

Seeing that the market condition is now predominantly green and for Altcoin season has started but still very volatile and vulnerable to corrections, although small and not as severe as a few weeks ago, the situation changed in an instant. Financial management and stop loss in trading is one of the little things, that has its own meaning to minimize losses.