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Author Topic: Are we going to see a new altcoin boom soon  (Read 1488 times)
lalabotax
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April 02, 2022, 11:05:14 PM
 #101

It is possible that April could be a great month but i am not banking on Q4 this year going to be a great season for the cryptocurrency space. I am expecting a major correction in the coming months, we might see a big rally before the major correction
Can you explain the reasons why we should have a big correction in the next few months?
Don't we already have a big correction several months ago?
I don't have an idea about the next trend of altcoins. Crypto trend is always unpredictable, so not sure if there will be a huge correction or a huge pump this year. I only think that we are in a good situation because there is some good news about crypto lately. So, this month, I assume we will have a good trend in the crypto market. Probably, some altcoins have a pump.

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April 03, 2022, 11:00:57 AM
 #102

It is possible that April could be a great month but i am not banking on Q4 this year going to be a great season for the cryptocurrency space. I am expecting a major correction in the coming months, we might see a big rally before the major correction
Can you explain the reasons why we should have a big correction in the next few months?
Don't we already have a big correction several months ago?
I don't have an idea about the next trend of altcoins. Crypto trend is always unpredictable, so not sure if there will be a huge correction or a huge pump this year. I only think that we are in a good situation because there is some good news about crypto lately. So, this month, I assume we will have a good trend in the crypto market. Probably, some altcoins have a pump.


Agreed with you , we already had a big downturn in january , february and march now we are just waiting for a big bang in april. Being in this condition is bullish on altcoins this month, because altcoin season isn't quite here yet if btc hasn't jumped $50k this month.

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April 03, 2022, 03:55:59 PM
 #103

I think it's been more than a week that bitcoin is in a position of more than 40 thousand dollars, if bitcoin can shoot more than 50 thousand dollars and there is no negative news, then hopefully a bull run will happen soon.

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April 03, 2022, 04:21:30 PM
 #104

Well, expect altcoin positive sentiment to run for another three weeks or two after which altcoin momentum might wane. Bitcoin to a large extent still affect the price of altcoin in the cryptocurrency market. The best strategy however is to have long term plan on selected altcoin with future and most importantly one must stick with those plan for success!

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April 03, 2022, 04:42:16 PM
 #105

we know that the increase in crypto always goes with the bitcoin price trend which usually occurs every 4 years or precisely after the halving, but it seems that is no longer true because now it is very different from before when not many investors and rich people invest in the crypto world, at this time we know a lot of famous people, artists and even big investors invest in crypto, I think every year will continue to reach ATH on bitcoin like altcoins too, but let's see that in this year

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April 03, 2022, 09:47:45 PM
Last edit: April 04, 2022, 10:19:38 PM by seleme
 #106

I think it's been more than a week that bitcoin is in a position of more than 40 thousand dollars, if bitcoin can shoot more than 50 thousand dollars and there is no negative news, then hopefully a bull run will happen soon.
Well, it is not only about the market performance of BTC. Other external factors affect the altcoin season, flat price on BTC charts can accelerate whole process in alt markets but overall finance market conditions should support this bullrun first. In few months, it will be clear to find the destination of the current market trend. Some experts predict bear market season first then the bull market session may bring the new breath to bull side of market traders, lets see what kind of trends will be on the table when it arrives.

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April 04, 2022, 02:04:58 AM
 #107

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.
I don't think that altcoin has been left behind , because if Bitcoin reached 10% then most of altcoin follows so how come that this becomes left behind?

so this is what you can see as not to be an altcoin Booming soon.

Quote
What are we going to expect from the altcoin market with this new market boom will altcoin see a new phase in the market or Bitcoin will continue with the market trend?
Not today and not in the next following weeks, best not to expect much mate , we are not here to expect that instead what we need to understand .

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April 04, 2022, 06:22:34 PM
 #108

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.
I don't think that altcoin has been left behind , because if Bitcoin reached 10% then most of altcoin follows so how come that this becomes left behind?

so this is what you can see as not to be an altcoin Booming soon.
We could even say there are some altcoins which are doing better, like if you look weekly bitcoin is actually a slight bit down right now, whereas SOL is still super high. That should tell you that there are some altcoins that have been doing better than even bitcoin and that is a great thing. I can't say if that is vivid in other altcoins cases but there are a few that did clearly better than bitcoin, and some that did worse.

We cannot say it is an altcoin boom of course because that alt season happens very rarely and when that happens the prices are increasing at a level we never saw before and reaches ATH levels as well, we are 100% certainly not there for sure.
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April 04, 2022, 06:32:59 PM
 #109

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.

What are we going to expect from the altcoin market with this new market boom will altcoin see a new phase in the market or Bitcoin will continue with the market trend?

As you wrote, the prices of the main cryptocurrencies are slowly rising, so thanks to this, the market sentiment is also improving. Investors need to make sure the situation is stable and then they will start investing in more "risky" coins. I think there is a very good chance that the altcoin season will start soon.

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April 04, 2022, 06:40:07 PM
 #110

I think it's been more than a week that bitcoin is in a position of more than 40 thousand dollars, if bitcoin can shoot more than 50 thousand dollars and there is no negative news, then hopefully a bull run will happen soon.
Well, it is not only about market performance of BTC. Other external factors affect the altcoin season, flat price on BTC charts can accelerate whole process in alt markets but overall finance market conditions should support this bullrun first. In few months, it will be clear to find destination of current market trend.
Market trends are always synonymous with good movements for all coins including altcoins which become explosive when the market has grown green but that is indeed not the main factor in bitcoin when the price is high. The news out there also determines whether altcoins will also have an impact or not, which obviously will it's time for the altcoin season to arrive like 2021 which has a lot of new explosions for new coins.
But with the BTC factor going up it also always affects other coins so I guess it should see the bottom of the price continue to strengthen.

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April 04, 2022, 07:18:12 PM
 #111

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.
I don't think that altcoin has been left behind , because if Bitcoin reached 10% then most of altcoin follows so how come that this becomes left behind?

so this is what you can see as not to be an altcoin Booming soon.
We could even say there are some altcoins which are doing better, like if you look weekly bitcoin is actually a slight bit down right now, whereas SOL is still super high. That should tell you that there are some altcoins that have been doing better than even bitcoin and that is a great thing. I can't say if that is vivid in other altcoins cases but there are a few that did clearly better than bitcoin, and some that did worse.

We cannot say it is an altcoin boom of course because that alt season happens very rarely and when that happens the prices are increasing at a level we never saw before and reaches ATH levels as well, we are 100% certainly not there for sure.

With that concept, it's true that there are alts that moves better than bitcoin in terms of profits, if you managed to follow those solid asset where the project is pumping so hard, it's not usual to every alt coins but it's very possible with good team and communities that support the project.

You have to be more active in order to pick and choose the right coin to invest your money. It's not in our position to dictate the
tempo, it's more on the hypes and success of each project.

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April 05, 2022, 06:53:19 AM
 #112

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.
I don't think that altcoin has been left behind , because if Bitcoin reached 10% then most of altcoin follows so how come that this becomes left behind?

so this is what you can see as not to be an altcoin Booming soon.
We could even say there are some altcoins which are doing better, like if you look weekly bitcoin is actually a slight bit down right now, whereas SOL is still super high. That should tell you that there are some altcoins that have been doing better than even bitcoin and that is a great thing. I can't say if that is vivid in other altcoins cases but there are a few that did clearly better than bitcoin, and some that did worse.

We cannot say it is an altcoin boom of course because that alt season happens very rarely and when that happens the prices are increasing at a level we never saw before and reaches ATH levels as well, we are 100% certainly not there for sure.

sorry but SOL in Super High increase? 

is this what you mean?  https://coinmarketcap.com/currencies/solana/ 19% increase in the last 7 days? i don't think this is enough to be called as super high , that is just a 2 digit increase.

but of course that can be a good choice than Bitcoin as this position i really in low position now comparable to SOL and NEAR PROTOCOL .

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April 05, 2022, 10:53:47 AM
 #113

Quote

but of course that can be a good choice than Bitcoin as this position i really in low position now comparable to SOL and NEAR PROTOCOL
I don't think any altcoin is better than Bitcoin. We saw many security issues in Solona which forced investor to sell and price was dumped hard from 200$ above to down from 100. Bitcoin is long term coin and surviving from 2007 while Solona,Near are just progressing coins and theere is Chance that any other project replace with these project with advance feature or their Trend goes down.

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April 05, 2022, 04:18:08 PM
 #114


You have to be more active in order to pick and choose the right coin to invest your money. It's not in our position to dictate the
tempo, it's more on the hypes and success of each project.
Am not trying to say any altcoin can stand as a competitor with Bitcoin at the moment but what am trying to put out is the fact that altcoin has provided a better alternative to Bitcoin.

And solving the scalability problem so there are so. many altcoins easily pick along with Bitcoin any time the market makes some positive or negative movement.
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April 05, 2022, 04:58:03 PM
 #115


You have to be more active in order to pick and choose the right coin to invest your money. It's not in our position to dictate the
tempo, it's more on the hypes and success of each project.
Am not trying to say any altcoin can stand as a competitor with Bitcoin at the moment but what am trying to put out is the fact that altcoin has provided a better alternative to Bitcoin.

And solving the scalability problem so there are so. many altcoins easily pick along with Bitcoin any time the market makes some positive or negative movement.

I see your point and I fully understand, there's no competition indeed bitcoin will remain as a king but likewise, there are many alternative coins to choose to add to your basket and wait till the market rise back and bring that huge pump that will let us enjoy harvesting the profits that we desire. The market for alternative coins is wide.

It's more about doing your own research and analysis in order to pick the right one and enjoy your investing / trading participation.

Your money, your obligation to deal with studying the potentials of your chosen coin/s to invest your money.

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April 05, 2022, 07:01:34 PM
 #116


You have to be more active in order to pick and choose the right coin to invest your money. It's not in our position to dictate the
tempo, it's more on the hypes and success of each project.
Am not trying to say any altcoin can stand as a competitor with Bitcoin at the moment but what am trying to put out is the fact that altcoin has provided a better alternative to Bitcoin.

And solving the scalability problem so there are so. many altcoins easily pick along with Bitcoin any time the market makes some positive or negative movement.

I see your point and I fully understand, there's no competition indeed bitcoin will remain as a king but likewise, there are many alternative coins to choose to add to your basket and wait till the market rise back and bring that huge pump that will let us enjoy harvesting the profits that we desire. The market for alternative coins is wide.

It's more about doing your own research and analysis in order to pick the right one and enjoy your investing / trading participation.

Your money, your obligation to deal with studying the potentials of your chosen coin/s to invest your money.
Exactly my point one needs to make adequate research about the coin you want to invest in, and if you check very well you will easily see the potential coins that can easily earn you good profits.

But again even though altcoin provides a better alternative to Bitcoin it is still more reliable to invest in Bitcoin rather than a highly volatile alt.
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April 06, 2022, 02:38:50 AM
 #117

not this soon mate instead in the next couple of years, there is no legit reason why this need to happen , and besides crypto market is still in the verge of dumping if this increase does not continue so never engage yourself in seeking too much increase because in the end of the day you will always fail lol.
try to focus in something worth to invest.
Why not? Bitcoin is now at 47k. That is a legit reason why alt's can boom soon. Dump seasons are over but we are now in the beginning of a bull run. Price can fall anytime of the day but the fall was tiny and it does not mean we are dumping again but dumps are a hard fall and it is consistent but right now what we are seeing is the price is stable with a small fluctuations.
and yet stays in that level/? actually lowering since yesterday so when will be that Booming for altcoin? never just look in bitcoin increase for altcoin to grow because even in 2018 as bitcoin drops down yet altcoin made a increase.
Quote
Whenever you saw a price fall, you should buy immediately because that can give you an instant profit. The situation nowadays mostly favours the traders. Seeking too much increase is not good but we should stay realistic so that we won't disappoint ourselves.
lol Buy Low sell high, but my question is are you truly doing this?
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April 06, 2022, 05:54:11 PM
 #118

if the increase in bitcoin prices continues, then I am very optimistic that we will see new projects or coins explode in the near future, but if the crypto market specifically bitcoin prices fall again, then it is very unlikely that we will see new projects develop rapidly, because I the sense of increasing the price of a new coin is very dependent on the price of bitcoin itself.

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April 06, 2022, 06:44:49 PM
 #119

https://coinmarketcap.com/currencies/solana/ 19% increase in the last 7 days? i don't think this is enough to be called as super high , that is just a 2 digit increase.

but of course that can be a good choice than Bitcoin as this position i really in low position now comparable to SOL and NEAR PROTOCOL .
People do get hyped about their coins going up. If you are holding SOL, then seeing a ~20% increase is something magnificent for you and definitely something you would love to see and you would think that it is a super high increase. If you do not hold any SOl, then you will see it and think that it is something normal because lets be honest 20% in a week is not a big deal in the crypto world.

This is why I believe that objectivity in crypto only happens if you do not own any of the coin you are talking about. If you own that coin then you suddenly lose your credibility and you do not have that much of a profit involved so you can tell what you should.

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April 07, 2022, 01:54:17 AM
 #120

I see your point and I fully understand, there's no competition indeed bitcoin will remain as a king but likewise, there are many alternative coins to choose to add to your basket and wait till the market rise back and bring that huge pump that will let us enjoy harvesting the profits that we desire. The market for alternative coins is wide.

It's more about doing your own research and analysis in order to pick the right one and enjoy your investing / trading participation.

Your money, your obligation to deal with studying the potentials of your chosen coin/s to invest your money.

I would call bitcoin a safe and low-risk investment. It may not be growing as fast as it used to, but it is a sure thing. Many altcoins also have good properties for investing, but do they have good properties for long-term investing?

I have repeatedly read on the forum the thought that bitcoin is better for long term investments and altcoins for medium to short term investments. I like this approach and support it. Altcoins go up very fast, but they go down just as fast. You can make a lot more profit on altcoins if you constantly monitor the market situation.

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