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Author Topic: We are about to enter altcoin season, what do you think?  (Read 1008 times)
merekamo
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April 29, 2023, 02:31:07 PM
 #101

I think it's an interesting observation you've made there.Based on the historical chart and recent trends, it does seem like the onset of Altcoin season coincides with Bitcoin prices stabilizing. I would agree that as Bitcoin's volatility decreases, traders are more likely to start accumulating altcoins, signaling the beginning of an Altcoin season.

So, in my opinion, it's quite plausible that we could be on the cusp of an Altcoin season. But, of course, the crypto market can be unpredictable at times, so it's always important to keep an eye on it and stay informed.

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May 03, 2023, 07:21:13 PM
 #102

I think we have entered the altcoins season now, starting from the beginning of 2023, bitcoin conditions are starting to improve and altcoins are also following, hopefully this will continue and the bull market will continue

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May 03, 2023, 11:32:28 PM
 #103

I think we have entered the altcoins season now, starting from the beginning of 2023, bitcoin conditions are starting to improve and altcoins are also following, hopefully this will continue and the bull market will continue

not exactly altcoin season since only select altcoins are rising but it might be signs of altcoin season, as you said the overall condition of the cryptocurrency in general has been improving compared last year, I do agree that if this continue bullrun will inevitably comes and soon altcoins will also follow.



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May 05, 2023, 11:11:26 AM
 #104

Usually the second quarter is altcoin season. Currently I have invested in several new altcoins with development in 2021 and 2022. I think the end of the year is the heyday of any good altcoin. This is my personal earnings but I have done a lot of investing in altcoins and some of them are meme coins to get a bit of wealth  Grin Grin

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May 05, 2023, 12:28:33 PM
 #105

Yes we are about to enter altcoins season, i see bitcoin price is rising and most of the altcoins are in pumping mode, if btc continue to recover or rise up above 30k$ to 40k$ we can maybe see a big change in altcoin market we will surely saw a big pump so i think the best time to choose and buy altcoin is today.

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May 05, 2023, 12:45:46 PM
 #106

When it comes to crypto currency, sometimes predictions do not work. Yes, historical facts may be there to make predictions from, but then, this market will ultimately be decided by the traders emotional, and this can not be controlled.
So, as long as I am looking forward to seeing another altcoins season, but I must advice that you don't get your fingers burnt.

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May 05, 2023, 01:43:39 PM
 #107

I think we have entered the altcoins season now, starting from the beginning of 2023, bitcoin conditions are starting to improve and altcoins are also following, hopefully this will continue and the bull market will continue

I think that the so-called altcoin season is still far from entering the so-called altcoin season, but bitcoin is gaining its positions and stabilizing today, and the ethereum does not graze the back ones either, but I think the season is not soon, since there is no stability in altcoins and there is no price either used to seeing, so we are all waiting for this season

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May 05, 2023, 02:02:05 PM
 #108

I think we have entered the altcoins season now, starting from the beginning of 2023, bitcoin conditions are starting to improve and altcoins are also following, hopefully this will continue and the bull market will continue

Bitcoin price is gradually increasing that’s true but what about altcoins price? There are no changes in altcoins market for the long term if you following then market. Still it’s good time to buy and hold promising coins for the next bull season. I picked a several old coins and some new entered coins in the market, yeah hopefully those will be good increase.

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May 09, 2023, 02:59:04 PM
 #109

Bitcoin price is gradually increasing that’s true but what about altcoins price? There are no changes in altcoins market for the long term if you following then market. Still it’s good time to buy and hold promising coins for the next bull season. I picked a several old coins and some new entered coins in the market, yeah hopefully those will be good increase.
We all want the altcoins that we choose to increase and hence the hope for a altcoin season to start. However this is long from reality because nobody can predict these things from beforehand and we can only wait and watch. Specific altcoins going up might be due to news pertaining to that project only while overall market price rise will be due to bigger positive news that makes bitcoin rise first followed by altcoins.

Season or no season, your approach here should be to accumulate bitcoin as much as possible and whenever possible, altcoins only as a smaller part of the portfolio not as an alternative to bitcoin because of its high price/btc.

R


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May 09, 2023, 05:37:47 PM
 #110

Even if one has to choose altcoin it should be from a newly project that you buy from their presale then target when they want to list on trusted exchange immediately you can sell and make your savings, because altcoin are not to be putting more trust but if you have to peaceful and have a free mind without having the fear to lose your investment then choose bitcoin.

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May 10, 2023, 09:59:36 AM
 #111

I think we have entered the altcoins season now, starting from the beginning of 2023, bitcoin conditions are starting to improve and altcoins are also following, hopefully this will continue and the bull market will continue

Bitcoin price is gradually increasing that’s true but what about altcoins price? There are no changes in altcoins market for the long term if you following then market. Still it’s good time to buy and hold promising coins for the next bull season. I picked a several old coins and some new entered coins in the market, yeah hopefully those will be good increase.
altcoins are always accustomed to following the movements of bitcoin, if bitcoin improves it is certain that altcoins will also improve but not vice versa. indeed, from the beginning of the year there was an increase from bitcoin but it was not seen and it is certain that it will improve soon, it could be that the increase was just a mere surprise. but I agree that this is the right time to buy and hold, because the halving period is only waiting for the next few months and is usually accompanied by movements for improvement. it is very appropriate to still want to hold old coins which are indeed very potential compared to new coins that have not been tested for the future.

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May 11, 2023, 03:56:33 PM
 #112

From the historical chart and  according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?

yes I agree because when Bitcoin volatility decreases, traders seem to turn to accumulating altcoins. and at that time there will be an altcoin season. but we all can't be sure when this altcoin season will come. we can only predict and assume according to each other's observations. and for sure we are in the altcoin season later, hopefully soon.

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May 29, 2023, 04:51:06 AM
 #113

From the historical chart and  according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?
I can't predict the future but if XRP gets regulatory clarity, it should see a pump. And when crypto regulations come out in the US, it should pump compliant chains like XLM, 0xMR, and Q Blockchain.
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May 29, 2023, 09:13:31 AM
 #114

From the historical chart and  according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?

There is a proverb: the bigger the wind and waves, the more expensive the fish. Therefore, as the most profitable altcoin market, it often attracts a large number of gamblers to participate in it. Therefore, the encryption market is often driven by emotions. Although it is clearly known that this is a crazy and dangerous vortex, the temptation of huge benefits is often irresistible to greedy human nature.
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June 05, 2023, 03:15:43 PM
 #115

There is a proverb: the bigger the wind and waves, the more expensive the fish. Therefore, as the most profitable altcoin market, it often attracts a large number of gamblers to participate in it. Therefore, the encryption market is often driven by emotions. Although it is clearly known that this is a crazy and dangerous vortex, the temptation of huge benefits is often irresistible to greedy human nature.
Though the proverb is correct but they all suffer from the same problem, they are correct only partially and not absolutely. Trading altcoins is one place where you want to tread carefully, because this is a wild west without regulations and scammers and shitcoins everywhere. If you are keeping yourself limited to top coins which you will not once the "season" starts you will lose more than you can afford, not like the fish.

I think open season or closed season, keeping the choice limited to top coins yields the maximum for long term traders. Go test the waters with newly launched hyped coins - most of the traders will not manage to make anything, its a gamble.

R


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June 05, 2023, 04:23:56 PM
 #116

Historically it is like that. It was like a repeating moment. But cryptocurrencies are volatile. Uncertainty is a sure thing here. Maybe altcoin season is coming but I have seen that this year we can't go back to history.

Some of the altcoins that rank high on CMC are not showing any significant movement in a positive direction. I see that the bull market is still far away.

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June 05, 2023, 05:12:29 PM
 #117

altcoins are always accustomed to following the movements of bitcoin, if bitcoin improves it is certain that altcoins will also improve but not vice versa. indeed, from the beginning of the year there was an increase from bitcoin but it was not seen and it is certain that it will improve soon, it could be that the increase was just a mere surprise. but I agree that this is the right time to buy and hold, because the halving period is only waiting for the next few months and is usually accompanied by movements for improvement. it is very appropriate to still want to hold old coins which are indeed very potential compared to new coins that have not been tested for the future.

I don't agree that it can't be the other way around. Such cases occur when there is a liquidity spillover from bitcoin to altcoins. Altcoins go up and bitcoin goes down. This often happens after bitcoin rises a lot, after which it goes into a correction, the price drops precipitously, and altcoins start to rise strongly all of a sudden. Not the whole industry, but some part of it definitely performs such maneuvers, for example, ETH very often gets detached from the correlation with bitcoin and can grow great while bitcoin shows price decrease.

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Chainsmokers
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June 05, 2023, 05:34:23 PM
 #118

Altcoin season is still very long, we are still in a bear market mate,
it is clear that the price of Bitcoin is currently dumped to $ 25k because of bad news from Binance,

yes, we know that Binance is top 1 cryptocurrency exchange where marketcap was born from there,
so if Binance has such a fate FTX then we will see even worse dumps.
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June 05, 2023, 06:01:55 PM
 #119

I think this is a plausible explanation for the recent altcoin rally, but I don’t think it’s the only factor. There are also other aspects to consider, such as the innovation and adoption of various altcoin projects, the regulatory environment, and the sentiment of the crypto community. I agree that Bitcoin’s stability may create more room for altcoins to grow, but I don’t think it’s a necessary or sufficient condition for an Altcoin season.


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June 05, 2023, 11:29:00 PM
 #120

Historically it is like that. It was like a repeating moment. But cryptocurrencies are volatile. Uncertainty is a sure thing here. Maybe altcoin season is coming but I have seen that this year we can't go back to history.

Some of the altcoins that rank high on CMC are not showing any significant movement in a positive direction. I see that the bull market is still far away.
being high ranked doesn't mean it will be high ranked forever. there are some cases that seemed to show that these high ranked coin just doesn't have the capability to climb back up again because
it was quite literally being abandoned by anyone who wanna invests.
people just prefer investing in newer coins that still have relatively low market capitalisation that just have better potential with disregarding all these formerly high rank coin so couldn't really determine the upcoming
altcoin season based on these high ranked coin, after all there's always change of position.

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