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Author Topic: We are about to enter altcoin season, what do you think?  (Read 1006 times)
The Cryptovator (OP)
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April 01, 2023, 09:33:45 AM
 #1

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?

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April 01, 2023, 10:12:36 AM
 #2


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

Absolutely! Altcoin season is something that many traders and investors look forward to, and it often comes on the heels of Bitcoin's stabilization. While Bitcoin may be the king of the crypto market, altcoins often have the potential for greater gains, especially during this season. So, I am definitely excited about the possibility of an altcoin season and looking forward to seeing what opportunities it will bring.

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April 01, 2023, 12:12:53 PM
 #3

What is your thoughts? Are you agree with the point?
While some of the signals that the market has reacted to over the past few days have shown prices to be quite bullish on bad news from the economy as a whole, I think what you're saying about an altcoin season is a bit overblown. . It can be seen as a small shift in money flow to altcoins, as bitcoin has continuously increased in price before.
And personally, I'm not sure if I'm wrong, as I've personally observed new investors haven't started with altcoins yet, and they're still watching the bitcoin reaction, and myself are also just investing in bitcoin more.
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April 01, 2023, 12:36:01 PM
Last edit: April 01, 2023, 12:49:40 PM by ololajulo
 #4

 In this space, there are no perfect predictions, but every suggestion can be documented and taken into account. Altseason will be with different stages and different hype. Since the market is now larger, I would like to compare it with previous markets, since Defi had the first pump before Bitcoin halving and we didn't see any more pumping after that. The alt market will experience a lot of mini pumping.The coin pump is a lot of money, and they might be moving the money around with different hype until we have the final phase after bitcoin becomes the new ATH.

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April 01, 2023, 12:43:35 PM
 #5

What is your thoughts? Are you agree with the point?
I will agree with you, if the situation is normal, since there is enough liquidity for high-risk investments, and since bitcoin is no longer so volatile, then the choice will be for cryptocurrencies.

The current situation is different from this fact, many platforms are closed, and interest rates are raised, and others will make anyone withdraw their money and keep it in a wallet.

If I withdraw my coins from the platform, I will not invest in currencies that have no future or are listed on limited platforms AKA 99% of altcoins.

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April 01, 2023, 01:19:29 PM
 #6

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?
We would love to welcome altcoin season when it arrives. By continuing to accumulate Bitcoin, neither traders nor investors miss this opportunity. And to narrow down the target of the top 10-20 coins on coinmarketcap might be a benchmark that's easier to see. There will be a surprise, especially in the hype layer2 Ethereum network. So we just need to make good use of the momentum and stay careful.

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April 01, 2023, 03:30:28 PM
 #7

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 think the airdrop seasons make more users turn into altcoins and we can see that increases due to the recent arbitrum airdrop, but this is selective as well and not for all altcoins, I think one kind of trend or hype could activate thr altcoins bursting but we should see it more when the bitcoin and altcoins relative interaction favor in the altcoins. As much as we can see, bitcoin still dominating and once it goes up any altcoins would pump.

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April 01, 2023, 04:00:34 PM
 #8

I wouldn't know for sure because i am not even so much interested in altcoins, but even for altcoiners it is pretty hard for them to game the system and predict accurately if altcoin season is on the horizon. If it was easy for them to decipher, quite a lot of them will go into a buying spree of altcoins to see which of them pumps so they realize positive ROI.

Having said that, i have heard people say exactly what you said, that when Bitcoin is somewhat stable in this period, altcoins might begin to pump, but nonetheless i advise that people who are planning to buy a lot of altcoins should be careful, there are so many of them and only some succeed, to be on the safer side it is much better to wait for the bull run to begin before you buy altcoins, just that you might not make as much ROI as one who bought early enough, but your risk is reduced doing thus.

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April 01, 2023, 04:13:43 PM
 #9

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?

In general i agree. In the recent years since i follow the crypto markets the pattern was always the same or at least similar. First the price of Bitcoin began to rise for a few weeks or so and once that rise ended and the prices of Bitcoin began to stabilize on a new way higher level than before the big altcoins started to also rise in terms of the price. A few weeks after that even the small altcoins began to pump.
I am not sure though, if we are already at that point though with Bitcoin. At the moment we are still nowhere near earlier highs of the Bitcoin price. So for me it is to early to call this a real bull market yet and we need a bull market for an altcoin season.
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April 01, 2023, 04:17:59 PM
 #10

I think the real altcoin season, like the real bitcoin season, will happen only after the bitcoin halving. NOT before. Right now prices are recovering from a prolonged decline and people see these price recoveries as the beginning of something big and grand. This is the market, and it can present unexpected pitfalls for such optimists. Think back to 2019, think back to what happened between July 2019 and March 2020, and before that, people thought the bull season was finally here, too.

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April 01, 2023, 04:25:22 PM
 #11

Of course it will be altcoin season after the previous period. This altcoin season has been boosted by bitcoin boom which is good news for those of us waiting for it to happen. Investors will definitely always see this development and then they will use it to gain profits other than bitcoin. Things we should not miss to always take advantage of the opportunities that come to us. There will always be big surprises, and we must always follow them so that we don't miss the ship that is about to sail.

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April 01, 2023, 08:45:00 PM
 #12

I'm still not sure that the peak of the altcoin season is coming soon but it could happen if bitcoin stays stable and doesn't go too high or too low. The bitcoin price may have started to show stability, but we also don't know whether that's the case. We can only hope that the peak of the altcoin season comes soon so that we can again take huge profits like before. But if the peak of the altcoin season has yet to come, we still have to wait for it patiently. But sooner or later, the peak of the altcoin season will come, and when it does, look into your wallet and get ready for the highest price you can wish for.
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April 01, 2023, 09:09:37 PM
 #13

This could be a good one but we are still on the sideways.
If this is a fake breakout for Bitcoin it could be crucial again. Many are waiting already for the altcoins season as the market remains unpredictable, its not easy to tell that we are going into this positive trend. We are now in the second quarter of this year, let’s see if we will end the first half of 2023 at a better trend.

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April 01, 2023, 09:15:55 PM
 #14

Altcoin season generally accompanied with the fact that bitcoin has rally, just because bitcoin stabilises doesn't mean altcoin season will arrives, the truth is, even bearish bitcoin could stabilise, but usually altcoin gonna get massive rally just when bitcoin is having some increase and shows rather bullish movement, but I do think that altcoin season is near, nowadays many coin are gaining quite good increase, that I think it already implicates that there gonna be some altcoin season incoming, more specifically coming from the layer 2.

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April 01, 2023, 09:16:08 PM
 #15

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 would love you to be correct but personally I am not seeing such season.Maybe because I only have just a couple of them under my belt and they are the only ones I believe in long term they will be lasting no matter which season they are going to face.However for these coins which I hold and are ETHW,ETHF,ZIL(my favorite),LTC and RTM and I am not seeing any increase in market cap or in price which should indicate that investors have turned to the altcoins like you say.I would be a very happy person if your prediction is right as I am going to make a lot of money but in life so far I have had only bad luck when it comes to altcoins so I hope this changes soon.

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April 01, 2023, 09:26:07 PM
 #16

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?

It's possible for the following reasons,

- as you have said, bitcoin is somewhat bullish now, although we are still in bear market, but price has been improving in the last 3 months and if this continue it could have a massive effect on altcoin

- and with that, still good to accumulate solid coins in our portfolio, not a fan of meme coins, but if there are investors willing though, so it's your call, but for me solid coins like ETH, BNB and ADA could be a good invested right now.

.
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April 01, 2023, 09:48:13 PM
 #17

no one really know for sure when altcoin season gonna be arriving, it could be this time around, it could be next year, even if there's some sign coming from btc like you just stated it just doesn't guarantee.
whats matter the most is that always accumulate when you sees fit, that way even if you don't get the momentum of altcoin season, you still gonna gain some profits.

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April 02, 2023, 01:21:28 AM
 #18

we have seen recently that the price of bitcoin continues to rise and this is very encouraging news for bitcoin and altcoin investors, but if you look at the market, in my opinion the price of altcoins this time has not been too high in price and there has only been a slight increase, but in my opinion over time surely altcoins will gradually continue to rise and of course we will see altcoin prices rise high. with a note that the bitcoin price must be higher than the current price.

I think we should be ready for the altcoin market and now is the time to buy our favorite altcoin which is potentially good for the future.
and now is the right time to buy because it's still cheap, don't buy altcoins after the price has gone up.
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April 02, 2023, 03:32:54 AM
 #19

I think the real altcoin season, like the real bitcoin season, will happen only after the bitcoin halving. NOT before. Right now prices are recovering from a prolonged decline and people see these price recoveries as the beginning of something big and grand. This is the market, and it can present unexpected pitfalls for such optimists. Think back to 2019, think back to what happened between July 2019 and March 2020, and before that, people thought the bull season was finally here, too.
Most likely, you are right and I am inclined to a similar point of view that there is no need to rush to make premature conclusions and rejoice that the altcoin season has already begun. As soon as people see a slight increase in the price of cryptocurrencies, they immediately begin to perceive this as the beginning of a bullish trend, but for some reason forget about the notorious volatility. It's like it's the first time this has happened. Everyone wants the growth of cryptocurrencies, but it is too early to expect this due to the lack of fundamental indicators. It remains to wait for the halving and then everything will clear up, but for now, it looks like a short-term thaw.

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April 02, 2023, 04:28:19 AM
 #20

Hmm, I think it might be, yes. But I'm still not really sure whether it's a calm before the storm (in a bad way) or if it's really the beginning of the alt season. Because I'm still holding onto my belief that before the bitcoin halving period (which is predicted to happen in 2024–2025), everything is still in sideways mode. However, I agree with your statement that the Altcoin season will follow after the stabilisation of Bitcoin's price or the decrease of its dominance score.

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