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Author Topic: Altcoin - bull run?  (Read 202 times)
estheblessed (OP)
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August 14, 2021, 08:17:14 AM
 #1

Hi,

I have been watching the value of my alt coins rising again (thankfully!) are we thinking this is a bull run similar to earlier in the year? What is the potential here?

I own the following coins:

Ethereum
Bitcoin
Filecoin
Ripple
Cardano
TRON
Aave
EOS
Lumen
Polkadot

All (apart from Polkadot and Lumen) seem to be doing well. Are there any other alt coins worth investing in at this point in time?

Thanks
Ceyflix-Rez
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August 14, 2021, 08:18:57 AM
 #2

Call it whatever you like, this bull season have stay longer than it should already and if a new ATH pumps up then I advice everyone to take profits because there is 90% chance that it will be the last before bear market

estheblessed (OP)
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August 14, 2021, 08:25:01 AM
 #3

When you say "take profits" you mean cash out completely?
efxtrader
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August 14, 2021, 08:54:14 AM
 #4

It looks like the altseason is starting again, this can be seen from the many altcoin prices that go up tens of percent in a day, some even hundreds of percent. This reduces the dominance of Bitcoin in the crypto market but I think it is good for the growth of altcoins because too high dominance of Bitcoin in my opinion is not healthy for the market

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August 14, 2021, 09:01:59 AM
 #5

the market is back in the green after a few weeks of being hit by the red effect of btc fud. Of course this is going to be great regardless of whether the bull run has started or not. Today's altseason I think has just started quite impressively and my assets have returned at least 20-30% in the last few days.
This is a pretty good start considering people predict that the end of the year will be more fertile

Tytanowy Janusz
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August 14, 2021, 09:07:57 AM
 #6

Call it whatever you like, this bull season have stay longer than it should already and if a new ATH pumps up then I advice everyone to take profits because there is 90% chance that it will be the last before bear market

Take profit after hitting new ATH? After breaking last Ath that was done by 3 month consolidation which is considered as super strong resistance, according to VPVR chart the strongest resistance bitcoin even seen in term of $ traded at that price range? Resistance that will become super strong support right after? After breaking 60k for BTC ... I dont thing that we will spend 5 days at 60-90k range. It will be massive pump. We may stop for few days fighting with 100k but it will just be a short stop in a way to 150k.

Alts will fallow BTC ... as always. Lagging at first, rushing right after.

If I was about to make profit I would make for alts and BTC at 45-55k $ (BTC price) - if you think that current pump is only a bull trap and end of bull market.  And to be honest I did it with my "money I'm not ready to lose". Rest of my wallet waits for new ATH and bull run right after.
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August 14, 2021, 09:36:13 AM
 #7

I have been watching the value of my alt coins rising again (thankfully!) are we thinking this is a bull run similar to earlier in the year?..

The value of your altcoins is growing against the dollar, and this is due to the increase in the price of BTC. But in relation to bitcoin, most altcoins show a negative value. And all this means that no altcoin season has come. At the moment when the price of altcoins will grow not only against the dollar, but also against BTC, we can confidently say that the altcoin season has begun.

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August 14, 2021, 09:38:37 AM
 #8

i'd probably invest in JRT if i were you, marketing is coming in September, low mcap so it can grow ALOT, probably a possible x20 - x50..

JRT better than SNX, SNX needs 500% CR, while JRT only 125% so much more capital efficient, in addition since JRT is backed by USDC, they can just work with every on / off ramp & wallets because banks will agree to work with them  Roll Eyes they already got 2 partners on/off ramp and will be listed on alot of wallets such as ledger, coin.ph, argenthq etc..
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August 14, 2021, 09:55:03 AM
 #9

What some consideration is that the past correction was likely the lessened/shortened bear market that we should be expecting to come.

And with some other altcoins that you may want to consider is the popular for breeding an NFT game called Axie Infinity which is AXS. The native token that has been recently listed on Coinbase and can also be found in Binance.

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crwth
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August 14, 2021, 09:57:03 AM
 #10

With the current trend that I'm seeing, the NFT games are most likely to bring fruitfulness to investments knowing that the situation we have right now in the world is most likely focused on staying-at-home projects, and a lot of people are into gaming. The gaming industry is huge right now and could get bigger once more players are entering this space. I would choose some of the famous NFT games that would bear fruit for sure.

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August 14, 2021, 10:02:41 AM
 #11

When you say "take profits" you mean cash out completely?

It means take whatever you are comfortable with. If you think you'll be sorry when the tide reverses and your portfolio loses 80% of the gains you had at its ATH, then it means you should take them profits when you can because you won't be able to when the shit hits the fan.

The shit does not always hit the fan but when it does, it fucks you up.

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istiak2277
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August 14, 2021, 11:25:00 AM
 #12

This could be another bull run or this could be a trap for investors who think this time BTC will cross its previous ATH. Be careful about opening new positions if you didn't take any dip entry already. There were a lot of opportunities for taking dip entry. Most of the coins recover more than 40% from ATH already. So if this isn't a trap for investors then the market could be more green.

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0xkii
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August 14, 2021, 11:59:04 AM
 #13

why do i feel like everyone is posting their own stuff here without reading other posts, kinda like bots  Huh
dothebeats
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August 14, 2021, 12:07:42 PM
 #14

I personally wouldn't call it a bull run, but generally the crypto markets tend to go active and haywire from July until November. I know nothing of the reasoning behind this but it's been years and this still rings true. No big updates from these coins apart from ETH which did pretty good after the upgrade yet those other coins are still rolling in hot.

Increase in investor confidence on these coins, perhaps? Not really sure, but hey! It's good to see greens on the charts every now and then.

why do i feel like everyone is posting their own stuff here without reading other posts, kinda like bots  Huh

Oh there are tons of them here. Read more topics and you'll see that lots of accounts act like bots.
0xkii
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August 14, 2021, 12:31:20 PM
 #15

I personally wouldn't call it a bull run, but generally the crypto markets tend to go active and haywire from July until November. I know nothing of the reasoning behind this but it's been years and this still rings true. No big updates from these coins apart from ETH which did pretty good after the upgrade yet those other coins are still rolling in hot.

Increase in investor confidence on these coins, perhaps? Not really sure, but hey! It's good to see greens on the charts every now and then.

why do i feel like everyone is posting their own stuff here without reading other posts, kinda like bots  Huh

Oh there are tons of them here. Read more topics and you'll see that lots of accounts act like bots.
Oh i see.. so they are just here to promote their sig campaign and other stuff?  Grin
semobo
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August 14, 2021, 12:48:12 PM
 #16

Hi,

I have been watching the value of my alt coins rising again (thankfully!) are we thinking this is a bull run similar to earlier in the year? What is the potential here?

I own the following coins:

Ethereum
Bitcoin
Filecoin
Ripple
Cardano
TRON
Aave
EOS
Lumen
Polkadot

All (apart from Polkadot and Lumen) seem to be doing well. Are there any other alt coins worth investing in at this point in time?

Thanks

BNB is missing in your list which will likely to grow a lot if the bull trend follows for a while.

And about the topic, no one can answer it for now we are in the bull run and in future the things may change in either ways.
DapanasFruit
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August 14, 2021, 01:34:37 PM
 #17



In my opinion, we are getting into the bull run stage but we are not yet there. However, I always prefer a steady rise rather than a big jump that can only be followed by a deep dump. Well, we are in cryptocurrency so we can really expect some stormy weather a lot of times and then when the sun is rising we can see better days ahead. I think the market is right now so positive and that is due to many reasons and one big reason is the continuing adoption by big business with cryptocurrency as we are seeing in the news lately. One thing for sure is we are already out of the power of the bear.

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August 14, 2021, 01:37:43 PM
 #18

Yes the market is bullish this is a good sign that we will see the similar bull run earlier this year and possible could reach the new ATH. Your coins are good you already gained profit, if you want to buy another coins then I suggest cake and binance coin.
Everyone will certainly hope that the events of the beginning of this year will happen again and continue to move again, after experiencing an unexpected correction and quite a slump. but that will not make the end of the increase at the end of this year. because it is estimated that by the end of this year the period to increase will occur again and be much better than the last ATH that occurred.

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August 14, 2021, 02:14:54 PM
 #19

Whatever it is am just happy and glad to see the a good part of the market looking green and lively, portfolio's looking attractive again (pleasing in the eyes) I will assume this to be the phase 2 bull run, btc, eth, bnb, and some other alts have appreciate in price a lot, and it seems the market is just getting started, I really want to see btc hit a new ath before year end in this second bull run.

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August 14, 2021, 02:34:57 PM
 #20

Indeed, prices for cryptocurrencies are now going up and this may probably last until the end of 2021. As for your list of altcoins, I would also ask you to turn your attention to LTC and BNB, the prices of which are also growing now and may well show excellent results. Most recently, I saw a picture with a forecast of cryptocurrency prices by the end of this year, and it indicated information that many altcoins will be able to do in this bull run from x3 and above. Of course, I am cautious about such predictions, but something tells me that this is exactly what can happen. For example, LTC was listed there with a price of $ 800 for 1 coin, BNB - $ 1,500, BTC - $ 80,000. And how it will actually be, I think we will soon find out ourselves.
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