Can some AltCoins pump during bear markets ?

[lalabotax]

So would there be any point in trying to FOMO into altcoins pumping ?
I personally exited the market almost entirely, plan to re enter when Bitcoin hits 15K or even lower. Then again I've noticed some alts coming desperately close to the negative 98% mark... you have to wonder how much lower can they go

Maybe it was. but for this bearish era, I don't think that this will work. Moreover many more people have been smart enough to facing FOMO. Although there may be newcomers in the crypto and may be the target of that FOMO. I am not sure that the impact will be that high. That is why making altcoin pump during this bearish market is likely very hard to realize. Moreover, this bearish era is fasetr coming and many people lose their huge money because of this immmediate drops.

[lionheart78]

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ? I know there was a bit of a pump in 2019, so I don't know.. but right now I'm seeing Gods Unchained, Ox and a few other coins pump even if Bitcoin's Market dominance is still well over 42 %. Lets not also forget the market is still in a downtrend headed for lower lows at the moment. So would there be any point in trying to FOMO into altcoins pumping ?

It is possible for an altcoin to pump even though the rest of the altcoin is in a bear market.  There are several factors why cryptocurrency increases its price value.  Often time those that have small market cap tokens can easily get manipulated.  We have witnessed this stuff several times, creating hype around the project boasting the economic value of the token.  Aside from that, there are some Altcoin that is not dependent on the Bitcoin price.

[bitkanu]

Just like most of them said, It won't last long. I remember a friend of mine was investing and trading altcoins that pumps back 2018 during bear market. As far as I can remember he gain some good profit back then because he's always buying stuff. Lol. But I believe all of them dip hard after and the pump did not even last for a week. So be very smart and careful if ever you want to take advantage of few altcoins that are currently pumping now, it is just temporary. As long as we are in a bear market, majority would follow.

if a coin is rising so hard during bearish market with no reason at all, then it's safe to say that it was due to the fact that the market of that coin might be manipulated so hard.
most of them are definitely some low market cap shitcoins that could get manipulated into oblivion, and the after math, we definitely know that even the ones that manipulated the market doing so because of greed.
definitely such shitcoins will not gonna hold for long for the simple fact that the ones that manipulated the market eventually gonna cash out.

[Ahli38]

for altcoins, of course, the possibility to pump even though the market is bearish is always there. like new projects. but it usually won't last long. and will come back down very drastically (dump). so your decision to temporarily stop trading is a wise one. indeed the market is currently unstable.

[TastyChillySauce00]

Altcoins can be pumped during the bearish market. When the pump happened and it didn't even care about the trend. It's based on the rumour and news that have come. If you are seeing how some garbage token already pumped and even this is not based on a strong news. This is only based on the rumour that already created by the developers. People are buying their promise and sell for the release date. This trend was an old cycle in the crypto market.
I will not be surprised to see that. It's not impossible for the altcoins to be pumped during the bearish trend.

[Shasha80]

Altcoins can be pumped during the bearish market. When the pump happened and it didn't even care about the trend. It's based on the rumour and news that have come. If you are seeing how some garbage token already pumped and even this is not based on a strong news. This is only based on the rumour that already created by the developers. People are buying their promise and sell for the release date. This trend was an old cycle in the crypto market.
I will not be surprised to see that. It's not impossible for the altcoins to be pumped during the bearish trend.

It's a common thing that happens when there are several altcoins pumping up during a bear market, it's because someone manipulates the altcoins.
Usually it starts with rumors and news circulating about these altcoins, especially if they are helped by influencers to promote the altcoins, the increase
can be very high. But the altcoins that pump during a bear market usually include new coins or even shitcoins, very rarely do I find popular coins that
pump during a bear market. Because usually popular coins are always affected by the movement of Bitcoin. So the coins that pump during the bear
market are only used by whales to pump and dump, so my advice is to be careful when finding coins that pump during a bear market. It's not because
the coins are good, but there are coins that are manipulated to attract investors to benefit someone who manipulates the price.

[hichamito37]

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ? I know there was a bit of a pump in 2019, so I don't know.. but right now I'm seeing Gods Unchained, Ox and a few other coins pump even if Bitcoin's Market dominance is still well over 42 %. Lets not also forget the market is still in a downtrend headed for lower lows at the moment. So would there be any point in trying to FOMO into altcoins pumping ?
I personally exited the market almost entirely, plan to re enter when Bitcoin hits 15K or even lower. Then again I've noticed some alts coming desperately close to the negative 98% mark... you have to wonder how much lower can they go

Pumping still occurs with some atlcoins but they only last for a short time and then get dumped again. Always be careful with those tokens as it can be just a trap because in bear market most of the quality projects will focus on building and developing the project rather than pushing the price of the tokens.

[worle1bm]

There can be some pumping during bear market also but that only for temporary period as most of the altcoins follow bitcoin rally but if you are really altcoin enthusiastic and want to invest in some of them go for only top one's and you could get them at low prices also rather than focusing on those who are green during this time as it could be pump dump scheme also.

[Blowon]

I'm sure it can happen, but it's only been on a few coins at a time, maybe when that bear market happens there's only one or two of my coins actually pumping. Usually this happens because there is very good news or a big event that will soon be released in their project so the bear market also encourages all investors to be able to buy cheaply, even on those days there may be only one green coin when everything is red.

[Gayong88]

It is clear that many altcoins are struggling in the market today, but if we consider alternative perspectives on things, there is still reason to be optimistic. For the most part, they fall victim to the overall bear market sentiment. But there are some exceptions, like the coins mentioned above. if we learn and have a strategy, there is no reason why you can't make good profits by looking at altcoin projects during bear times.

[Silberman]

for altcoins, of course, the possibility to pump even though the market is bearish is always there. like new projects. but it usually won't last long. and will come back down very drastically (dump). so your decision to temporarily stop trading is a wise one. indeed the market is currently unstable.

It is better to accept the current reality of the market, it is natural that traders still want to earn profits every single day in which they trade, but there are simply moments in which this is not possible and we need to wait until things improve, because if we do not do so and we still try to trade and obtain profits no matter what then the amount of risks that we need to take will increase exponentially, and while you could obtain some profits even now, compared to the risks that you need to take during a bull market then you will soon realize that it is simply a bad idea to trade under the current circumstances.

[taufik123]

-snip-

in market conditions like this it is indeed a bad decision if you want to keep trading. But of course there are some steps that need to be taken to be able to benefit from this bear market.
we must know where the lower and upper limits are, we must be able to read the market direction, play fast and take a little profit.
Nothing is impossible in crypto, everything is possible.
Like the LUNA Megacrash and many people buy below and get a lot of profit, it takes courage and of course also luck.
But for some people who are afraid and don't want to take risks, it's better to stay away from this bear market. watch and wait for the right moment

[Ahli38]

for altcoins, of course, the possibility to pump even though the market is bearish is always there. like new projects. but it usually won't last long. and will come back down very drastically (dump). so your decision to temporarily stop trading is a wise one. indeed the market is currently unstable.

It is better to accept the current reality of the market, it is natural that traders still want to earn profits every single day in which they trade, but there are simply moments in which this is not possible and we need to wait until things improve, because if we do not do so and we still try to trade and obtain profits no matter what then the amount of risks that we need to take will increase exponentially, and while you could obtain some profits even now, compared to the risks that you need to take during a bull market then you will soon realize that it is simply a bad idea to trade under the current circumstances.

But i am still continue to trade even in bear market conditions. because I am a day trader. then I'm not too affected by market conditions. both bearish and bullish for me remains the same. because I'm in and out on the same day. (scalpers). I invest for the long term only a little (saving). even I like the market now. as in the BNB market which continues to fluctuate rapidly. it is a good condition for scalpers.

but the risk is very high. for those who are not used to it. so I suggest also to wait for market conditions to improve.

[Republikcoin.com]

But i am still continue to trade even in bear market conditions. because I am a day trader. then I'm not too affected by market conditions. both bearish and bullish for me remains the same. because I'm in and out on the same day. (scalpers). I invest for the long term only a little (saving). even I like the market now. as in the BNB market which continues to fluctuate rapidly. it is a good condition for scalpers.

You have played with a very high risk and your courage is extraordinary because I personally do not really dare to trade daily in conditions like now unless the market has really improved. But for now I still keep some valuable assets and it is my investment for the long term because I don't often trade on a daily basis.

but the risk is very high. for those who are not used to it. so I suggest also to wait for market conditions to improve.

For those who are not used to the current market conditions, I think they will not be in a hurry to enter the market at this time because the fear of greater risk still haunts them at this time.

[GigaBit]

Anything is possible. However, I personally deserve that the bitcoin will not go down below $20000 easily. Because there are more investors than before. In this bear market some altcoins keep their value up rising trend but that is not positive approach for the market to invest as altcoin is dependent on Bitcoin, it is better to wait for few days.

[crwth]

Altcoins could still pump, mainly if they address a specific type of niche that no altcoin yet has ever explored, so in that sense, that's going to be a great thing to invent. There are always going to be two things.

• Increase in demand hence increase in price
• Cost of inflation, more people need money, people will cash out

I think that will be a determining factor when they would either put money in the market or not. It's just that many people have probably needed more money and want to cash out and cause bear markets. I think hype would always mean that it will increase in prices and not just more demand.


P.S. It's funny to see "who lived" or something. It's something that I didn't expect because it's like people were just born there—anyway, kidding.

[Joshapat]

Pump when the market is Red is a good promotion for Altcoins, in the top gainers coinmarketcap session many Altcoins continue to pump and do not care about the red market conditions, this is a good alternative to get big profits with investments in coins that pumping when the market is still red.

[LUCKMCFLY]

Of course, of course yes, the famous pump and dump that have always existed, not only do it in bearish markets, but also in bullish markets, this is normal, but there is also the possibility that a newly launched project can do it with the intention that it be seen by investors, and it is not a bad strategy, it is somewhat risky but it can be very good if they know how to do it, in general the projects that are altcoins it is very good to do this movement if and only if when There is confirmation that the movement of the market is almost 100% bullish, otherwise it can be a double-edged sword because it can represent an emptying of money and therefore loss.

[maydna]

Pump when the market is Red is a good promotion for Altcoins, in the top gainers coinmarketcap session many Altcoins continue to pump and do not care about the red market conditions, this is a good alternative to get big profits with investments in coins that pumping when the market is still red.

But unfortunately, not all projects can get the pump to raise its price to a higher price. The market which is experiencing the deepest correction at the moment, makes it a place to invest, especially for projects that have great potential to increase in the future. But altcoins will still follow where bitcoin is going and although they can increase, if the price of bitcoin goes down, altcoins will also go down and cause the market to be in the red.

[Natalim]

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ? I know there was a bit of a pump in 2019, so I don't know.. but right now I'm seeing Gods Unchained, Ox and a few other coins pump even if Bitcoin's Market dominance is still well over 42 %. Lets not also forget the market is still in a downtrend headed for lower lows at the moment. So would there be any point in trying to FOMO into altcoins pumping ?
I personally exited the market almost entirely, plan to re enter when Bitcoin hits 15K or even lower. Then again I've noticed some alts coming desperately close to the negative 98% mark... you have to wonder how much lower can they go

Practically speaking, I wasn't really convinced that altcoins will do the rally during the bear season but instead, they go along with the trend, and only we can see pumps when Bitcoin does first. We are witnessing this trend before and in the previous bear season, in fact, even in small corrections the altcoins have been affected too easily.

And those coins that you have mentioned OP, it is quite weird to see. They don't have such credibility to rise, that pumps are a sort of price manipulation in some exchanges, and consider a bull trap in general.