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Author Topic: Can some AltCoins pump during bear markets ?  (Read 476 times)
RussiaUkraineTranslation
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August 01, 2022, 12:22:36 PM
 #61

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.
I remember HEX and LINK pumping in the bear market before. That said, I think we are out of the bear market now and primed for a pump back up to 50k usd BTC. That's perfect timing for new projects like MAXX finance that are launching in August as well as under the radar projects like ELF that are due for a pump.
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August 01, 2022, 01:36:23 PM
 #62

Some altcoin could have a short pump, meaning that the price will be increasing in few hours, and then it goes back to drop, after that it will it will just follow the market trend again, they wouldn't make their own trend. Most of this altcoin usually has low market cap, so the pump is most likely because some 'whale' manipulating the price.

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August 01, 2022, 01:49:41 PM
 #63

Some altcoin could have a short pump, meaning that the price will be increasing in few hours, and then it goes back to drop, after that it will it will just follow the market trend again, they wouldn't make their own trend. Most of this altcoin usually has low market cap, so the pump is most likely because some 'whale' manipulating the price.
for new altcoins, it's mostly the people within the project developers themselves who will be the ones to manipulate the altcoins to create a pump after the downturn. because their market capitalization is still weak and they need to do it so that their investors don't leave the project too soon.

some altcoins with strong trades can usually do the pump even in bear market conditions. it's also related to updates from projects that might make their market move. but most of them will not last long, because they will eventually readjust to the established trend in the market.
I've seen SOL get a high pump when bitcoin conditions are bad. that's because they get strong support to make pumps.



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August 01, 2022, 02:37:17 PM
 #64

the potential for coin pumps in a bear market remains, even when the dump occurred in 2018, there were still a few altcoins hitting their ATH after that. however, it all depends on the coins you have. there are some altcoins that rose only for recovery because they were affected by a sudden decline, but there were also those that did not recover, even continued to decline during a bear market. it's just that the percentage of coins that will pump during a bear market is very small. So, when you want to re-enter, make sure that you have popular coins, and have much-needed benefits then and in the future.
Usually, an altcoin pump situation when a bear market is running occurs because of Investors who enter the altcoin. it could be due to risky updates that developers dared to do. it could also be due to manipulation by the project team itself.
but most of the pumping that happens to altcoins in a bear market won't last long. if bitcoin does not immediately make a steady movement in the market. it will make the altcoins that do the pump crash immediately.

Altcoins could only pump during the bearish market if there will be Fud, big announcements, and updates that will affect it positively in the future. Altcoins pump yet it won't last long because most of them rely on the price of Bitcoin. Altcoins pump might only take hours or a few days but will definitely dump again.
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August 01, 2022, 06:03:18 PM
 #65

Altcoins could only pump during the bearish market if there will be Fud, big announcements, and updates that will affect it positively in the future. Altcoins pump yet it won't last long because most of them rely on the price of Bitcoin. Altcoins pump might only take hours or a few days but will definitely dump again.
The increase in altcoins is dependent on the Bitcoin market, the latest case has seen the highest altcoin gain list above 50% due to the impact of rising Bitcoin prices, but after 2 days of recovery the market indicates a return to the bear market and all altcoin gains have been low if without Bitcoin price support, profit opportunities from the recovery only for short-term and futures traders so you should close the trade when the profit is reached because considering the main market conditions are not yet stable.


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August 01, 2022, 09:47:31 PM
 #66

There are some cases that there are altcoins that rise even in a bloody market, but the coin still end to dropping specially when the bear market takes to long. the reason why some altcoins still rise even in a bear market is maybe because the coin is special or it has a great use case that is why the effect of bear season is delayed on that particular coins.


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August 01, 2022, 10:56:33 PM
 #67

I remember when Bitcoin price was below $10k usd and altcoins like YFI had a higher price than BTC at that time, that's cryptocurrency, no one knows when the price of new altcoins will go up, because some altcoins have active community and project developers, this allows them to hold the coins and buy them for the long term, not because of fomo but because of the products they have.

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August 01, 2022, 11:15:15 PM
 #68

There are some cases that there are altcoins that rise even in a bloody market, but the coin still end to dropping specially when the bear market takes to long. the reason why some altcoins still rise even in a bear market is maybe because the coin is special or it has a great use case that is why the effect of bear season is delayed on that particular coins.
That was only a short time rally and that was because of the influence of manipulation. Hypes projects can't deny it was profitable if you are too lucky to buy earlier and then sell when it spike but the risk you face is also high as you certainly lose your money if you miss the chance to sell at its ATH. But, I don't suggest taking your time looking at those projects, not eventually and easy to find them, and I was afraid that you may just fall into scam projects. It is better to just invest in known potential projects as it was safe.

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August 01, 2022, 11:44:14 PM
 #69

Some altcoin could have a short pump, meaning that the price will be increasing in few hours, and then it goes back to drop, after that it will it will just follow the market trend again, they wouldn't make their own trend. Most of this altcoin usually has low market cap, so the pump is most likely because some 'whale' manipulating the price.
i dont think so about it, alot major caps also pumped in this bearish trend. i think whales now move their money from bitcoin to altcoins and its showed by several altcoin strong although bitcoin dumped. especially altcoin that have good fundamental and utility maybe it could decouple to bitcoin. we see GALA , FLM as strong altcoin in this day , bitcoin price dumped but its still able to earn gains.
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August 02, 2022, 03:27:43 AM
 #70

It's very difficult for the next few months, the price of the altcoins that I hold are getting lower and some in the altcoin group community have said they are not worth it anymore. I finally decided to withdraw my investment assets for staking and farming on the altcoin and just withdraw. the price is now getting down to 0.5 usdt, and if you want to know the name of the altcoin is nominex if you want to see it.

maybe next year can be a good start and even then for big coins like bitcoin and etherum.
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August 02, 2022, 08:06:19 AM
 #71

Of course, altcoins can be pumped even in a bear market. depending on how hype the dev creates for the altcoin, every day there are altcoins being pumped by whales, but be careful because it may be part of the whale game that wants to take your money.
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August 02, 2022, 12:34:31 PM
 #72

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.
Altcoins pump in a bear market all of the time. LINK hit it's ATH during a bear market in 2018 or 2019. HEX has done well during the bear market until recently. Some new projects like MAXX and Goldfinch are preparing to launch soon, so keep an eye open on coingeck new listings.
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August 02, 2022, 12:40:51 PM
 #73

This can happen, because nothing is impossible here. But usually if an altcoin is pumped during a bear market it's definitely short-lived, which means that soon the price will return or even free-fall. We should be more careful if we find such a thing, because we are just a little late to enter then we will be left behind and even suffer losses.

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August 02, 2022, 12:45:19 PM
 #74

Mostly it is a bull trap and most of the time those who invested late are the one who suffers because they might not get their capital back once the market of that altcoin collapse and it might be impossible for them to recover it sooner since we are in the middle of a bearish market, the price will not increase at all after it falls. That's why when making an investment in those kinds of altcoins you need to consider the loss rather than focusing on gains because there's a chance you will face each one of them.

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Pandu Geddon
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August 02, 2022, 01:03:36 PM
 #75

This can happen, because nothing is impossible here. But usually if an altcoin is pumped during a bear market it's definitely short-lived, which means that soon the price will return or even free-fall. We should be more careful if we find such a thing, because we are just a little late to enter then we will be left behind and even suffer losses.

We have seen several times altcoins spike when the market is in bad shape. when we look at the market, we will see some altcoins that are still making pumps even though the overall asset condition in the market is experiencing a decline.
Of course, several other factors favor the pump running. such as an injection of funds from investors in the project. or any other update that could potentially make the pump happen.
The power to maintain prices is indeed difficult when the market is in a dump. but it all depends on the market capability of the project itself. some can keep it up and go down gradually. but some immediately plunged badly.
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August 02, 2022, 04:31:39 PM
 #76


I believe that altcoins can get pumped up during a bear market, such as is happening now. If you bought coins a month ago, you could be in good profits now. But of course it's a high risk. Because bitcoin is not in an uptrend right now, and altcoin pumping could be a trap.
The altcoins bounced well, which was to be expected considering how much they fell. Now there may be a long period of flat, but there may not be such large pumps and I don’t expect a strong fall yet, unless there will be some kind of force majeure, but in general I think that there will be a long period of flat, perhaps with small pumps and subsequent falls. Unless if we allow the option when bitcoin will be transferred to altcoins, then very good pumps are possible, without the growth of bitcoin.

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August 02, 2022, 06:34:42 PM
 #77

Yup, very much. I have had some alts on cronos pumping 100x plus in days. Some of my DeFi investments in Metis also did a good ol pump business. But in investing in alts, you have to define if you want a long or short term vision. For example, if won't do long term on a meme or shit coin. But I can long on a blockchain token like bnb or cro
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August 02, 2022, 11:18:33 PM
 #78

Actually there are altcoins that can increase when the bear market occurs, but this is very rare for us to find because almost all altcoins always follow the flow of bitcoin both in increase and in decline, so to predict altcoins that can develop at a time when the bear market is certainly very difficult and only some investors can get such a moment, and this would be a great surprise for them.
I believe that altcoins can get pumped up during a bear market, such as is happening now. If you bought coins a month ago, you could be in good profits now. But of course it's a high risk. Because bitcoin is not in an uptrend right now, and altcoin pumping could be a trap.
random pump now happen in altcoin, alot coins now suddenly pump although bitcojn price dumped. I think its good thing crypto market now, altcoin price could decouple with bitcoin price. When market totally recover, we will see crazy movement on altcoin in my opinion.
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August 02, 2022, 11:46:52 PM
 #79

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

Good Alts can pump anytime, it not only depends on prevailing market conditions but also on development going behind the project, likewise Ethereum merger is well is progress and it is  likely to complete within a month, so it will definitely have good impact on its price because this development will create more demand of Ethereum. Another example is burning of coin event that reduces supply of coins, hence makes good impact on price.









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August 02, 2022, 11:51:29 PM
 #80

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

Good Alts can pump anytime, it not only depends on prevailing market conditions but also on development going behind the project, likewise Ethereum merger is well is progress and it is  likely to complete within a month, so it will definitely have good impact on its price because this development will create more demand of Ethereum. Another example is burning of coin event that reduces supply of coins, hence makes good impact on price.

Not all good alts can pump but as well those shitcoins which undergo on massive hype can pump to but expect for them to get dumped fast because that's how scam devs make their investors think that they are more reliable compare to any other top coins which is suffering from dump brought up by bear market season. I also see so many tokens do this burning of supply but its not sustainable if the developers are totally selfish so better secure your pockets first before you see a pump before believing that there's more to come.

R


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