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Author Topic: We should start looking into Altcoins  (Read 468 times)
Kensure (OP)
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November 23, 2023, 01:29:48 PM
 #1

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy
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November 23, 2023, 01:47:00 PM
 #2

Sometimes patterns are like that and sometimes they are temporary, but you have to monitor the market to maximize your trading decisions, but it is better to choose at least two coins if you feel that BTC is too expensive to buy. So in terms of monitoring and controlling movement it doesn't require a lot of energy. But if you hold on, it's not necessary, just wait for the coins you bought previously to change to USDT or what currency you use.

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November 23, 2023, 02:03:16 PM
 #3

The challenge now is which altcoin. This time it seems very different, compared to before when most altcoins would just pump after the Bitcoin rally.
Now, it's really difficult, even if you say top altcoin, we have now a lot of top altcoins.
Plus Bitcoin dominance right now is extremely high and local top, we still don't know if Bitcoin will continue to rally or go sideways so altcoins will do their run also.

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November 23, 2023, 02:07:35 PM
 #4

The only problem is how to pinpoint what altcoin will increase next. It's true that they might pour their profits into Altcoins like how it was years ago because this is how making profits is but it actually doesn't stay that way for a long time. Once Bitcoin plunged down next it sold those Altcoin to buy Bitcoin back.
But I don't think that's now. The FOMO is high in Bitcoin because of the upcoming ETF and then there's the halving. I mean, what is a year to us investors, it will be like waking up the next day and it's already a year. Time flies fast and while they can ride the boat at this price, many investors will use their purchasing power to make a profit when ETF is approved.
It's not bad to buy a little bit of those altcoins that you mentioned, just be sure that you are also ready when Bitcoin starts pumping.

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November 23, 2023, 02:14:41 PM
 #5

Sometimes patterns are like that and sometimes they are temporary, but you have to monitor the market to maximize your trading decisions, but it is better to choose at least two coins if you feel that BTC is too expensive to buy. So in terms of monitoring and controlling movement it doesn't require a lot of energy. But if you hold on, it's not necessary, just wait for the coins you bought previously to change to USDT or what currency you use.
Previously, I tried to explain in that manner, but the deceptive bitcoin maximalists were against me. It is clear that altcoins cannot exist without bitcoin, and we have all seen how bitcoin dictates the bull market. However, I still believe that bitcoin should only be bought by the wealthy and low-risk investors. Although I do not get the clarity of how this market works, I think it might be a little like bitcoin. While some will have the bull and go down through the whole process, some will be there all the way through and some will arrive late. During the bull market, one just needs to catch coins at every stage, but bitcoin will be there throughout
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November 23, 2023, 02:31:58 PM
 #6

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

Expect that to happen since not all investor will look only at BTC if you mean they are speculating for bull run to come since provably that majority of investors will also look for other coin to invest. Splitting your investment to other alts when bullish season is speculated to occur is one of the best decision we do knowing that alts will also pump once bitcoin pumps more higher. Your list of alts is good and I also believe that many are listing it on the coins to have that's why lets hope for the best next year since provably all speculation regarding on top alts to invest discussion will provably gives us positive result.

That's how we can play more safer in the market unlike if we invest on new token where for sure the risk is so high and we might not get what we trying to expect since they could potential turn scam immediately that's why we should always go on top alts upon investing.

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November 23, 2023, 02:35:27 PM
 #7

The challenge now is which altcoin. This time it seems very different, compared to before when most altcoins would just pump after the Bitcoin rally.
It always started like that.  Random Altcoins price increasing every now and then.  Then the whole Market.

Guess we only have to wait and see.  Only recently we had some Shit Coins go crazy.  Do not have much expectations.  People still do follow trends.

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November 23, 2023, 02:36:11 PM
 #8

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

Yeah, There’s a cycle in every bull market. It start with Bitcoin > Huge Cap Altcoin > Small Cap Altcoin then the final blow will be pump of all coin no matter how shit it is because everyone is already in profit from different altcoin so traders will keep looking for other tokens that is still not moving. This is the time when they are get rekt since the market will correct once everyone jump out to Bitcoin.

Leveraging on top altcoins is really a good idea if Bitcoin pump and read a safe level so that it will not slide down.

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November 23, 2023, 03:29:50 PM
 #9

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

  If there was a massive pump in the aforementioned cryptocurrencies, I am sure that there will be a liquidation, as now there is a dump. It is possible that a few days from now it will continue to decrease gradually, and I think there will be a bounce in SOL between 38 and 40 dollars based on my technical analysis.

  Now, if you are a first-time investor who wants to invest in the above, I think you should study first before you invest in it. That's why it's important that you have knowledge of crypto trading.

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November 23, 2023, 05:20:50 PM
 #10

I can't talk about specific coins or tokens because it may feel like that could be not that right for many people, but at the same time I feel like we are talking about something that will end up with a huge trouble on the long run if we do not look into certain projects. I think I can say that at this current moment finding the right one is the hardest part, I agree that if you invest into anything in the market, you have a good chance of either making money, or putting your money into something wrong.

It is true that some altcoins will go super high, and that investment is important and you should be making some money and that's fine, but that doesn't change the fact that we can't make money from it, we can still do it, we just need to be careful about it as much as we possibly could. That should be important part of the situation and could maybe make a profit if we are smart about it. So altcoins are fine to invest, but which ones are not known at the moment.

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November 23, 2023, 05:38:45 PM
 #11

I can't talk about specific coins or tokens because it may feel like that could be not that right for many people, but at the same time I feel like we are talking about something that will end up with a huge trouble on the long run if we do not look into certain projects. I think I can say that at this current moment finding the right one is the hardest part, I agree that if you invest into anything in the market, you have a good chance of either making money, or putting your money into something wrong.

It is true that some altcoins will go super high, and that investment is important and you should be making some money and that's fine, but that doesn't change the fact that we can't make money from it, we can still do it, we just need to be careful about it as much as we possibly could. That should be important part of the situation and could maybe make a profit if we are smart about it. So altcoins are fine to invest, but which ones are not known at the moment.

It's critical to approach altcoin investments with a critical eye and a full grasp of the fundamentals of each project. While the potential for substantial gains exists, so does the risk of significant losses.. A systematic and well-informed strategy can help one traverse the changing environment of cryptocurrencies and perhaps profit on emerging possibilities while avoiding potential pitfalls.
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November 23, 2023, 05:50:02 PM
 #12

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

I believe there had been more movements in alts than bitcoin this bull. Solana tripled in a week while bitcoin is just increasing 50% from a month ago. some individual coins would surely out perform others in market of every movement.
But the overall market trend remains the same whether it be BTC or altlcoins. There could be a sight delay but all of altcoins would fall if bitcoin starts to fall and similar would be seen if it sticks or rises. And at the point, it's difficult to be sure if the market is in it's crest or it's still on the way up.


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tajimas
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November 23, 2023, 07:23:34 PM
 #13

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !
You can equally say we should start looking into Blockchain based coins after all, coins paving their way to solving scalability, interoperability, low fee transaction problems and more, these are the assets to be put under watch this coming bull run. SOL pretty much good for gamers using proof-of-history consensus mechanisms likewise INJ and others including the new asset SEI.

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November 23, 2023, 07:27:46 PM
 #14

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy
Choosing the best altcoins are not that easy and you have to consider everything.
The market is slowly getting better, which can be a good sign for a long term up trend. Now we are on the choosing phase and its important to deal with the best project, I can see top altcoins right now will perform a good pump soon so its good to do your research now and have some investment too.

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electronicash
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November 23, 2023, 07:32:52 PM
 #15


ETH probably is way more serious than other altcoins, this one has already ETF filed by Blackrock. it's more secure to invest in ETH than other altcoins that grow just cents every time BTC spikes.

SOL though is kind of good because it really skyrocket weeks ago, it would probably shoot up again when there is another BTC green candle by next month. in a way, most altcoins are dragged up when BTC is having a bull run.









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fzkto
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November 23, 2023, 08:19:37 PM
 #16

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy
It could easily be a trap right now. Yes, some altcoins have rallied strongly, but I don't think it's time for a rally yet. Halving will be in half a year. During this time, many coins can both rise and fall. I would consider investing in those projects that have not grown much yet.

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YellowSwap
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November 23, 2023, 08:28:01 PM
 #17

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy
Just be careful, I think it's too early to start looking into altcoins, you are right that the price is surging right now but a little dip correction from Bitcoin wi cripple the altcoins massively, we still don't know if the ETFs will get approved and we still don't know what will happen in 2024 too, we are not out of the bear market yet so it's better to keep buying over time using dollar cost average only. Avoid going all into altcoins.

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Mame89
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November 23, 2023, 09:25:02 PM
 #18


ETH probably is way more serious than other altcoins, this one has already ETF filed by Blackrock. it's more secure to invest in ETH than other altcoins that grow just cents every time BTC spikes.
Yes that's right. Among the many altcoins, for me only Eth is the best, especially for beginners who don't understand much about crypto, it's better to invest in Eth of course after investing in BTC. because for me Eth is an extraordinary fundamental chain, and So many benefits.

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SOL though is kind of good because it really skyrocket weeks ago, it would probably shoot up again when there is another BTC green candle by next month. in a way, most altcoins are dragged up when BTC is having a bull run.
The best Solana chain currently for web3 adoption. I've tried all the other big blockchains but Sol works overall. Solana is my second favorite altcoin after Ethereum.

R


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jrrsparkles
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November 23, 2023, 09:26:35 PM
 #19

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

There is no certainty that it will happen, even though if we assume it will happen for sure still we don't know what coin so we need to choose multiple coins and hope that the surge in BTC prices will reflect on them too. It isn't smart in my opinion. If you feel bitcoin is moving then the better choice is to invest in bitcoin and hold it until it reaches your goal price.

You should never invest in crypto just because the bitcoin is bullish and if you really want to take the risk then its purely gamble and odds are pretty less on your side.









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Sophokles
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November 23, 2023, 09:41:28 PM
 #20

The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy

This is already happening, though this is not the expected altseason. This mini altseason lead some potential projects to their peak, but i think all these project will eventually come back to its previous level before the halving. The whole altcoin market will take a massive blow if bitcoin market makes a major correction in Q1 next year. The probability of this is pretty high if we look at the historical data. So if someone is in a massive profit, it is time to take out seed money to invest later on.









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