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Author Topic: When is the next altcoin season?  (Read 1300 times)
Bitcoinislife09
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March 30, 2023, 11:22:32 AM
 #61

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

When Bitcoin pump and skyrocket soon everything will follow together with altcoins. No one knows the exact date or time when it will happen but it is going to happen because the market is a cycle and the money flows. In my experience as a trader, the best thing to do is always to buy a massive percentage of bitcoin on your portfolio higher than the percentage compared to altcoins. Bitcoin is always the top cryptocurrency and it is the best investment compared to other altcoin just because of its structure and halving stuff, in the long run bitcoin will become rare and with the law of supply and demand you could expect that the market price of bitcoin will skyrocket soon.
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March 30, 2023, 12:29:33 PM
 #62

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

When Bitcoin pump and skyrocket soon everything will follow together with altcoins. No one knows the exact date or time when it will happen but it is going to happen because the market is a cycle and the money flows. In my experience as a trader, the best thing to do is always to buy a massive percentage of bitcoin on your portfolio higher than the percentage compared to altcoins. Bitcoin is always the top cryptocurrency and it is the best investment compared to other altcoin just because of its structure and halving stuff, in the long run bitcoin will become rare and with the law of supply and demand you could expect that the market price of bitcoin will skyrocket soon.
And the best thing to do is to take this chance while the market prices are still low. We don't need to wait for other days or wait for another dump but rather make a decision to sell unprofitable altcoins into Bitcoin. Halving is just coming and we all know that prices went high eventually when it comes closer (as expected). So before it happens, better make our portfolio ready then and only stuck/hold potential coins, not these shitcoins. We never look for luck just like it happens before when shitcoins surprisingly go high, we don't have any assurance that it will be going to happen again.

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onecall123
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March 30, 2023, 12:36:17 PM
 #63

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

When Bitcoin pump and skyrocket soon everything will follow together with altcoins. No one knows the exact date or time when it will happen but it is going to happen because the market is a cycle and the money flows. In my experience as a trader, the best thing to do is always to buy a massive percentage of bitcoin on your portfolio higher than the percentage compared to altcoins. Bitcoin is always the top cryptocurrency and it is the best investment compared to other altcoin just because of its structure and halving stuff, in the long run bitcoin will become rare and with the law of supply and demand you could expect that the market price of bitcoin will skyrocket soon.

As cryptocurrency enthusiasts, we often observe a trend where altcoin markets experience an upward movement when Bitcoin prices are on the rise and dominance is dropping. This pattern seems to hold true about once every 4 years. It's certainly exciting to see price movements, and having this information potentially increasing your portfolio balance. So, level up your portfolio until the alt market soar high!

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March 30, 2023, 12:42:39 PM
 #64

There are some market signals that I think people can tap into about the btc/alt dom, but keep in mind no one can predict exactly when the next altcoin cycle will be due. However, if you are looking to convert part of your altcoin into Bitcoin, you can consider allocating this amount in installments and do the conversion gradually. The cryptocurrency market tends to move in cycles, with bullish and bearish rallies intertwined. This cycle typically lasts from a few months to several years and is influenced by various factors such as technology developments, global events and market sentiment.
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March 30, 2023, 12:48:19 PM
 #65

My question to you is, what makes you so sure that the altcoins you invest in will recover in the next bull season? I mean, investing in altcoins is very risky, and there will be a lot of altcoins that never recover, and you lose forever, that's the difference between investing in bitcoin and shitcoin. What you need to do is check if those altcoins are still active, and clean your portfolio from now on. Because if your portfolio is full of shitcoins, you should also forget about them and build a bitcoin portfolio from now on.

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March 30, 2023, 12:59:55 PM
 #66

There are some market signals that I think people can tap into about the btc/alt dom, but keep in mind no one can predict exactly when the next altcoin cycle will be due. However, if you are looking to convert part of your altcoin into Bitcoin, you can consider allocating this amount in installments and do the conversion gradually. The cryptocurrency market tends to move in cycles, with bullish and bearish rallies intertwined. This cycle typically lasts from a few months to several years and is influenced by various factors such as technology developments, global events and market sentiment.
Op can even join telegram groups where he will be getting signal about the market next movement which can be very profitable to him. The market is a always reacting moving from up to down. The best way that we can understand the market movement is possibly by learn the market movement and how the market previous pattern can tell us something about the whole market direction. Op can check few posts here that is meant for market predictions and how the next bullish market will come to play out.

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March 30, 2023, 06:31:51 PM
 #67

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

for the altcoin season can not be predicted for this year. to convert into bitcoins should not be done first, I think we need to see or wait for better market conditions so that whatever altcoins we have will become a handle and have value until the end of the year.
for the altcoin season usually follows bitcoin's footsteps, if bitcoin continues to experience correction then most altcoin prices are dumps, and vice versa. hopefully later this year there will be interesting news for all altcoin prices.

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March 30, 2023, 06:55:49 PM
 #68

There are some market signals that I think people can tap into about the btc/alt dom, but keep in mind no one can predict exactly when the next altcoin cycle will be due. However, if you are looking to convert part of your altcoin into Bitcoin, you can consider allocating this amount in installments and do the conversion gradually. The cryptocurrency market tends to move in cycles, with bullish and bearish rallies intertwined. This cycle typically lasts from a few months to several years and is influenced by various factors such as technology developments, global events and market sentiment.
Op can even join telegram groups where he will be getting signal about the market next movement which can be very profitable to him. The market is a always reacting moving from up to down. The best way that we can understand the market movement is possibly by learn the market movement and how the market previous pattern can tell us something about the whole market direction. Op can check few posts here that is meant for market predictions and how the next bullish market will come to play out.
I agree that it is logical to follow the market based on peoples reactions, but do not invest based on what the telegram signal channels are saying because half of them are wrong. They just put in some signals for certain indicators and when that's it the signal goes out but there is no guarantee that those signals would be actually signals of price going up, it just means the indicator level was hit like the owner asked and that's it.

Like BB is under 20, sure that's good but doesn't mean it has to go up, and yet the signal will go out anyway. Just make sure what people are saying and how hyped they are, or how desperate they feel, based on that you could make a prediction.
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March 30, 2023, 08:14:41 PM
 #69

We hope the next altcoin season will be very soon and we may see a big pump in altcoins if Bitcoin price breaks 35k resistance level. We can't say accurately when altcoins will pump but we can predict by doing analysis. So there are many indicators how you can predict the next altcoin bull season.
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March 31, 2023, 03:34:41 AM
 #70

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
Converting half of your altcoins to bitcoin is the best thing you can do to be honest. The risk is less when investing in bitcoin. I am guessing you are waiting because your altcoins are already down by 20%? I would say, don't wait for the price to go back up. When  your altcoins recover from the 20% loss, chances are the price of bitcoin will be much higher. Also there is na chance that your altcoins might go down even more while bitcoin continues to go up. Also guessing the exact timing of the next altcoin season can be a bit tricky since crypto markets are known for their unpredictability and if anyone says they know the exact "dates", then they are lying.

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Marvell1
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March 31, 2023, 04:08:10 AM
 #71

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

When Bitcoin pump and skyrocket soon everything will follow together with altcoins. No one knows the exact date or time when it will happen but it is going to happen because the market is a cycle and the money flows. In my experience as a trader, the best thing to do is always to buy a massive percentage of bitcoin on your portfolio higher than the percentage compared to altcoins. Bitcoin is always the top cryptocurrency and it is the best investment compared to other altcoin just because of its structure and halving stuff, in the long run bitcoin will become rare and with the law of supply and demand you could expect that the market price of bitcoin will skyrocket soon.
And the best thing to do is to take this chance while the market prices are still low. We don't need to wait for other days or wait for another dump but rather make a decision to sell unprofitable altcoins into Bitcoin. Halving is just coming and we all know that prices went high eventually when it comes closer (as expected). So before it happens, better make our portfolio ready then and only stuck/hold potential coins, not these shitcoins. We never look for luck just like it happens before when shitcoins surprisingly go high, we don't have any assurance that it will be going to happen again.

If it were me, I would decide like you, I would convert shitcoins to bitcoins now for a chance to recover my losses or make a profit when the market recovers. Because when the bull market comes, surely bitcoin will rise, but with shitcoin, not all shitcoins recover and rise like bitcoin. It's too risky to hold shitcoins and expect them to recover, as we've seen after every bear cycle, shitcoins are often replaced with new projects. Investing in shitcoins is like gambling, not as guaranteed as bitcoin.

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March 31, 2023, 06:08:30 AM
 #72

when the market has recovered and the bull run occurs, then that's when the altseason will occur, so now you don't need to think about when the altseason occurs, but you better take advantage of the current situation to buy more altcoin that you have, so if an altseason occurs, then of course you will get a big profit.

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March 31, 2023, 06:42:57 AM
 #73

What do you mean there is no more altcoin season? Altcoin season was never a way between Bitcoin leadership vs altcoin, no altcoin is dragging anything with Bitcoin, altcoin season mean that altcoin pumping after Bitcoin is done pumping and the dominance starts decreasing.
It's mean you're not even understand about altcoins season is, I will quote the definition about altcoin season.

The term 'altcoin season' refers to a market cycle when altcoins outperform Bitcoin. Factors that can contribute to altcoin season may include an overall bullish sentiment in the cryptocurrency market; the launch of, or major updates to, altcoins; and a decrease in Bitcoin dominance.

In short altcoins season is to outperform Bitcoin and altcoins season occur because of altcoins, not because influenced from Bitcoin season. Altcoins will not pump after Bitcoin is done pumping because when Bitcoin is done pumping, the majority of altcoins price will decrease too.

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March 31, 2023, 08:33:23 AM
 #74

~
Op can even join telegram groups where he will be getting signal about the market next movement which can be very profitable to him. The market is a always reacting moving from up to down. The best way that we can understand the market movement is possibly by learn the market movement and how the market previous pattern can tell us something about the whole market direction. Op can check few posts here that is meant for market predictions and how the next bullish market will come to play out.
I agree that it is logical to follow the market based on peoples reactions, but do not invest based on what the telegram signal channels are saying because half of them are wrong. They just put in some signals for certain indicators and when that's it the signal goes out but there is no guarantee that those signals would be actually signals of price going up, it just means the indicator level was hit like the owner asked and that's it.

Like BB is under 20, sure that's good but doesn't mean it has to go up, and yet the signal will go out anyway. Just make sure what people are saying and how hyped they are, or how desperate they feel, based on that you could make a prediction.
Everything has its own good and bad sides due to the way we see and evaluate it. I agree with you guys about consulting others, but this repeats the mistake if OP doesn't know that the previous analysis is just speculation about the market. And I still hold the argument that always research things and be proactive with them, not depending on anything from anyone to provide.
But everyone's experience helps in the investment journey, however the formula never applies to the majority of profit in the crypto space that I see. Crowd psychology has a deep connection with market volatility, the fact that many newcomers to the market rely solely on fomo information leads to not failing in the crypto market. to the realm outside of it.
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March 31, 2023, 09:05:58 AM
 #75

Does that mean that most of the altcoins you own are new altcoins you get from bounties or airdrop?
if it's true you don't need to wait for the altcoin season to arrive, if the altcoin you have has a high enough value you should conversion  to BTC. New altcoin prices are very volatile and very easy to manipulate, sometimes Although altcoin season has arrived many new altcoin prices drop.

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March 31, 2023, 09:37:55 AM
 #76

Everything has its own good and bad sides due to the way we see and evaluate it. I agree with you guys about consulting others, but this repeats the mistake if OP doesn't know that the previous analysis is just speculation about the market. And I still hold the argument that always research things and be proactive with them, not depending on anything from anyone to provide.
But everyone's experience helps in the investment journey, however the formula never applies to the majority of profit in the crypto space that I see. Crowd psychology has a deep connection with market volatility, the fact that many newcomers to the market rely solely on fomo information leads to not failing in the crypto market. to the realm outside of it.
And everyone has their own idea of what they do based on their market experience. I'd see that we are too optimistic about the upcoming halving and so everyone is preparing for it. Let this kind of market insight gives is a brilliant idea to choose the right decision to make and the coins to choose with. Because we never lose if we believe that we are invested in the right coin like Bitcoin and decided to keep only potential coins over shitcoins is not regret but a great decision ever.

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March 31, 2023, 09:51:29 AM
 #77

My question to you is, what makes you so sure that the altcoins you invest in will recover in the next bull season? I mean, investing in altcoins is very risky, and there will be a lot of altcoins that never recover, and you lose forever, that's the difference between investing in bitcoin and shitcoin. What you need to do is check if those altcoins are still active, and clean your portfolio from now on. Because if your portfolio is full of shitcoins, you should also forget about them and build a bitcoin portfolio from now on.

My portfolio is not full of shitcoins - the majorority are in the current top 40 and I know they could go lower and even go to zero but most won't and I will at least see 2X which is when I plan on putting some profits into Bitcoin.
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March 31, 2023, 09:59:56 AM
 #78

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

When Bitcoin pump and skyrocket soon everything will follow together with altcoins. No one knows the exact date or time when it will happen but it is going to happen because the market is a cycle and the money flows. In my experience as a trader, the best thing to do is always to buy a massive percentage of bitcoin on your portfolio higher than the percentage compared to altcoins. Bitcoin is always the top cryptocurrency and it is the best investment compared to other altcoin just because of its structure and halving stuff, in the long run bitcoin will become rare and with the law of supply and demand you could expect that the market price of bitcoin will skyrocket soon.
And the best thing to do is to take this chance while the market prices are still low. We don't need to wait for other days or wait for another dump but rather make a decision to sell unprofitable altcoins into Bitcoin. Halving is just coming and we all know that prices went high eventually when it comes closer (as expected). So before it happens, better make our portfolio ready then and only stuck/hold potential coins, not these shitcoins. We never look for luck just like it happens before when shitcoins surprisingly go high, we don't have any assurance that it will be going to happen again.

If it were me, I would decide like you, I would convert shitcoins to bitcoins now for a chance to recover my losses or make a profit when the market recovers. Because when the bull market comes, surely bitcoin will rise, but with shitcoin, not all shitcoins recover and rise like bitcoin. It's too risky to hold shitcoins and expect them to recover, as we've seen after every bear cycle, shitcoins are often replaced with new projects. Investing in shitcoins is like gambling, not as guaranteed as bitcoin.

Not all altcoins are shitcoins. A few that I hold may go to zero but as long as one pumps and does a 10x then I will be fine.
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March 31, 2023, 10:08:27 AM
 #79

We are not yet in bullish 🐂♉ season and Bitcoin being the father of all crypto is the leader in the market and most Altcoins that pumps, do so when Bitcoin price spikes.

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March 31, 2023, 06:05:00 PM
 #80

Altcoin season usually depends on Bitcoin price movement because when Bitcoin pumps and gets a stable price then altcoins start pumping hard. And also there are many indicators to know about the altcoins bull run. I think it's time to hold altcoins as very soon we may see altcoin season if Bitcoin price pumps and gets stable. It may happen very soon as Bitcoin is bullish now.
I think there are altcoin seasons in which Bitcoin did not increase but most of the altcoin seasons happens only when Bitcoin price pumps up. This is the reason why you can say that alts bull run are easier to detect but I think only worthy altcoins are qualified on this event so if you own some weak altcoins, don't expect that they will sky rocket too.

It will be good if we hold both Bitcoin and altcoin and not just altcoin alone, so that once Bitcoin pumps, we still can earn another in our altcoin investments and if one of them fail's to pump up, we still can earn with the other. There is no way we will be zero if we own coins from each category.

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