CryptoCrookz (OP)
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April 18, 2023, 11:44:12 AM |
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Thanks for all the responses, interesting stuff, food for thought...
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killerfrost
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April 18, 2023, 11:51:43 AM |
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
IMO, the "altcoin season" in the crypto market is when cryptocurrencies other than Bitcoin start to appreciate sharply, creating great interest and liquidity in the investment community. Often altcoin season occurs after Bitcoin has experienced a steady uptrend or a slight decline in price. I think altcoin season can be a good opportunity for investors to diversify their crypto investments. However, it should be noted that altcoins are more volatile than Bitcoin, which means higher risk for investors. Therefore, investors should have a careful investment strategy and not invest too much in a particular coin. Investing in cryptocurrencies is a process that requires knowledge and experience in the financial markets. Before investing any amount, investors need to carefully study the market and constantly update new information to make a reasonable investment decision.
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yazher
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April 18, 2023, 12:33:11 PM |
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Everything is just mere speculation that's why you really need to understand that they are just giving their own opinions regarding certain coins, so you need to consider doing your own personal research as well as the term they are using to lure people into investing in their project. Because when it comes to altcoins, you will find lots of theories and speculations, especially from those who are investing in some coins, they often say good things about those coins. Also, they talk wrong about some coins to lure other investors to get on to invest in their project, so you better be careful because it doesn't mean when it is altcoin season, all the altcoin's prices will rise.
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uneng
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April 18, 2023, 03:34:16 PM |
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And there are only 2 "seasons": Summer (Bull) and Winter (Bear).
Someone might disagree with me as there are no real definitions to my knowledge to these terms. They are just memes from long time ago
True, as far as I know there are only the bull and the bear markets, which are the only seasons available on this environment. They are always ignited by a major movement in Bitcoin's price. If BTC goes up, we enter a bullish season and if Bitcoin goes down we enter a bearish season. Altcoins don't have any influence on this process. It's quite the opposite, they are heavily influenced by the process. I think what OP says about altcoin, memecoin, NFT seasons could be replaced by altcoin, memecoin, NFT hypes, what is also a consequence of the seasons, but not the seasons themselves.
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justdimin
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April 20, 2023, 05:11:41 PM |
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And there are only 2 "seasons": Summer (Bull) and Winter (Bear).
Someone might disagree with me as there are no real definitions to my knowledge to these terms. They are just memes from long time ago
True, as far as I know there are only the bull and the bear markets, which are the only seasons available on this environment. They are always ignited by a major movement in Bitcoin's price. If BTC goes up, we enter a bullish season and if Bitcoin goes down we enter a bearish season. Altcoins don't have any influence on this process. It's quite the opposite, they are heavily influenced by the process. I think what OP says about altcoin, memecoin, NFT seasons could be replaced by altcoin, memecoin, NFT hypes, what is also a consequence of the seasons, but not the seasons themselves. I would say that it is a combined effort and not just bitcoin. I know everyone thinks that bitcoin going up means alts going up as well, but sometimes alts do matter in the process as well. Luna crashing made bitcoin fall too, or FTX crashing made bitcoin fall too (albeit there was btc in that case too) so I would say that if there is alts that go down, we saw bitcoin go down as well and I am sure the opposite is true. I am not saying alts make bitcoin move, I am just saying that it is an overall thing and I believe that it should be a bit worrisome to never look at alts when you are looking for seasons. If it is alt season that means bitcoin had something to do with it, but if btc went up, then alts had something to do with that too.
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cryptoaddictchie
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April 20, 2023, 05:21:32 PM |
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
No, termed season are referring to which hype now are being implicated. Like right now, most of the shitcoin are pumping and some already coined it "shitcoin season" which is due to pumping tokens that are came from airdrops and even past shitcoin which has been revive or due to hype. When altcoin comes back then altcoin season and when bitcoin pumped it will be its season.
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Jackl87
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April 20, 2023, 06:43:41 PM |
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
I am interested into the crypto space and following it since around the end of 2017 and since then most market movements could definitely be clustered in seasons. Usually when a bullrun is happening, then Bitcoin is the first coin that is pumping. This usually is going on for a few weeks or so, of course with short periods of time in between with small corrections. Then after Bitcoin the big altcoins are starting to pump this also goes on for a few weeks or so and then at last basically every project that is listed is pumping. When this is happening we always were on the height of the bullrun and the big dump was already nearing.
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Iyeman
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April 20, 2023, 11:33:03 PM |
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It's simply based on what trend that is happening right now. So many people become so crazy due to the arb shit token. That means if we are in the meme season but it doesn't mean meme coin is the only trend right now. The fact that if there was also another trend that is running at the same time. Some trends can happen in one time. That's why people may be overused with it. People may call meme season, altcoin season and many more.
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blockman
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April 20, 2023, 11:59:24 PM |
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It's simply based on what trend that is happening right now. So many people become so crazy due to the arb shit token. That means if we are in the meme season but it doesn't mean meme coin is the only trend right now. The fact that if there was also another trend that is running at the same time. Some trends can happen in one time. That's why people may be overused with it. People may call meme season, altcoin season and many more.
Meme season is under the altcoin season but it's more likely called a trend. Every altcoin season has different trends and one of them we saw is the meme craze or trends. There will be more in the future and that's for sure and this is what's happening in the market every time we get to see the bull run approaching. And right now, we're on the trend of AI.
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GreatArkansas
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April 21, 2023, 01:15:27 AM |
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
(....) When altcoin comes back then altcoin season and when bitcoin pumped it will be its season. For me, this is very common especially with now a lot of social media platforms where people can interact and these people will start to make new trends based on what is really trending right then that will birth a lot of content like jokes, memes, theories, and many more. Let's take for example the bear season and bull season, which there's no official basis of these seasons.
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wxa7115
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April 21, 2023, 04:02:16 AM |
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It's simply based on what trend that is happening right now. So many people become so crazy due to the arb shit token. That means if we are in the meme season but it doesn't mean meme coin is the only trend right now. The fact that if there was also another trend that is running at the same time. Some trends can happen in one time. That's why people may be overused with it. People may call meme season, altcoin season and many more.
Meme season is under the altcoin season but it's more likely called a trend. Every altcoin season has different trends and one of them we saw is the meme craze or trends. There will be more in the future and that's for sure and this is what's happening in the market every time we get to see the bull run approaching. And right now, we're on the trend of AI. While it is true that roughly each year a new type of coin will get hyped, unfortunately this has not brought the development we would have liked, and what better example of this than NFTs, the NFT hype was huge and suddenly many people wanted a piece of the cake and they released a bunch of NFTs too. But nothing came out of it, scammers became rich or they simply found a way to justify some of the money they earned thought their previous scams, while those which were dumb enough to invest in that market got completely burned, and now it is the turn of AI coins and most likely we will watch the same pattern emerge once again.
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cryptoaddictchie
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April 22, 2023, 02:09:08 PM |
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For me, this is very common especially with now a lot of social media platforms where people can interact and these people will start to make new trends based on what is really trending right then that will birth a lot of content like jokes, memes, theories, and many more. Let's take for example the bear season and bull season, which there's no official basis of these seasons.
Yeah right. Even now that bitcoin has plummeted people saying its the start of another bear again well in fact we have just experiencing such set back from market gains for the last few weeks which I think is healthy too to have a good market conditions. Its not like a straight movement is always on the path sometimes some pull back can help to recognize a good set up for all crypto market.
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Xal0lex
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April 22, 2023, 04:16:48 PM |
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
There are often cycles in the market that have been clearly following each other for years. A bear trend is followed by a market recovery, and a recovery is always followed by a bull run, a bull run is always followed by a bear trend, etc. There are market trends and there are altcoin trend hypes, but that's something else. Altcoin trend hypes can start at any time of a market trend, be it bearish or bullish, but you can never predict or predict the beginning of such trends.
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