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Author Topic: What causes altcoin season?  (Read 846 times)
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February 20, 2024, 11:34:01 AM
 #41

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?

There are a lot of altcoins out there, the choice of considering buying any of the altcoins is actually a personal one and a sole decision to make, it is much important imperatively to do your own research to understand and know all the necessaries as regards to the project having a real world application and the possibility of having a high demand for it. It is always advisable to DYOR  which is a watch word in the crypto space.

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February 20, 2024, 12:29:35 PM
 #42

It will actually come, but after the hype on Bitcoin (BTC) dies down. We just need to wait until the time comes, the only thing we can do besides waiting is to always monitor the Bitcoin Dominance chart. When it is below 50%, I think that is the right time to slowly accumulate major altcoins. Talking about altseason, what narrative do you think will be carried in the next altseason? Is it RWA or meme as usual?
There are new trends every season. I think the meme will be irrelevant next season. Maybe the hype will be around ai or brc-20. I don't remember a trend repeating every altseason, although almost all altcoins are growing. You need to be able to recognise what will grow better.

Rather than a meme coins, BRC-20 is more irrelevant, remember how these tokens have a negative impact on the Bitcoin blockchain, I think people understand the negative impact of BRC-20. Meme coins are the most relevant category for every season, because they really don't have a strong underlying foundation that allows them to fly at any time.

BTW, have you heard about the new token standard on Ethereum? that's ERC404, recently projects in this category have been widely discussed, especially the Pandora project (PANDORA).

R


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February 20, 2024, 06:09:03 PM
 #43

That's right, btc took off before anyone else and continues to rise, although alts continue to slowly weave. But if you haven't had time to buy btc like me, I advise you to try staking TFS, now is the right time
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February 20, 2024, 06:30:46 PM
 #44

It happened most of the time that Bull season of altcoins appears after Bitcoin's Bull run so there is a possibility that same will happen after coming Bull season of bitcoin.
Most of the altcoins are good in present time but which altcoins will show more better results is not known yet because its all about future and future is unpredictable like that of cryptocurrency.

One thing to remember is that whenever bitcoin goes higher all altcoins are also following it so it is believed that altcoins seasons is initiated by bitcoin all the time because altcoins follow the movement pattern of bitcoin.



 

 

 

 

 

 


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February 20, 2024, 06:35:30 PM
 #45

It will actually come, but after the hype on Bitcoin (BTC) dies down. We just need to wait until the time comes, the only thing we can do besides waiting is to always monitor the Bitcoin Dominance chart. When it is below 50%, I think that is the right time to slowly accumulate major altcoins. Talking about altseason, what narrative do you think will be carried in the next altseason? Is it RWA or meme as usual?
There are new trends every season. I think the meme will be irrelevant next season. Maybe the hype will be around ai or brc-20. I don't remember a trend repeating every altseason, although almost all altcoins are growing. You need to be able to recognise what will grow better.

Rather than a meme coins, BRC-20 is more irrelevant, remember how these tokens have a negative impact on the Bitcoin blockchain, I think people understand the negative impact of BRC-20. Meme coins are the most relevant category for every season, because they really don't have a strong underlying foundation that allows them to fly at any time.

BTW, have you heard about the new token standard on Ethereum? that's ERC404, recently projects in this category have been widely discussed, especially the Pandora project (PANDORA).
Yes, I've seen these tokens overload the mempool, but I've also seen them grow well. I think this trend may happen again when altseason starts. I haven't heard about the new ethereum token format yet. I'll have to take the time to look into it. Thank you.

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February 20, 2024, 06:41:09 PM
 #46

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?

This happens because of the money flow in the crypto market. Money first flows into bitcoin which pushes the price of bitcoin into a new ATH. Then investors start booking their profit which makes the price of bitcoin stable and investors start investing their profits into major altcoin which pushes their price as well. Investors book their profits in major altcoin and move their money into small projects. This cycle continues and all the altcoins start shooting upward which we call an all-season.









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February 20, 2024, 10:15:56 PM
 #47

Rather than a meme coins, BRC-20 is more irrelevant, remember how these tokens have a negative impact on the Bitcoin blockchain, I think people understand the negative impact of BRC-20. Meme coins are the most relevant category for every season, because they really don't have a strong underlying foundation that allows them to fly at any time.

BTW, have you heard about the new token standard on Ethereum? that's ERC404, recently projects in this category have been widely discussed, especially the Pandora project (PANDORA).
Yes, I've seen these tokens overload the mempool, but I've also seen them grow well. I think this trend may happen again when altseason starts. I haven't heard about the new ethereum token format yet. I'll have to take the time to look into it. Thank you.

That's the experimental standard, don't buy anything before you know more about ERC404. I think these few references are enough for you to know more about this token standard:

Articles
KuCoin | Bybit | Coingecko | OKX | Decrypt

This token standard also has a special category on Coinmarketcap, and currently there are 21 projects being developed.

R


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February 23, 2024, 12:33:47 PM
 #48

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?

Well you know, it's a common belief that Bitcoin bull runs often lead to alts season. I think the logic is that once Bitcoin gains settle down, investors start looking to altcoins for potentially higher returns. While this bull run has been all about Bitcoin, it could be that altcoins will have their moment later.

Of course, it's hard to say for sure when alts season will happen. But I'm currently eyeing a few projects that will have their moment once the season happens, such as MAVIA, DINO, BGB, OLAS and MATIC. These alts I researched a bit, and invested a portion every of them on Bitget, so I could profit from them once those alts show up in greens.
Anyway, Those are my risky investments. So my advice is to you, to focus on altcoins with strong fundamentals, real world uses, & good development teams, and invest wisely
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February 23, 2024, 02:02:40 PM
 #49

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?

Well you know, it's a common belief that Bitcoin bull runs often lead to alts season. I think the logic is that once Bitcoin gains settle down, investors start looking to altcoins for potentially higher returns. While this bull run has been all about Bitcoin, it could be that altcoins will have their moment later.

Of course, it's hard to say for sure when alts season will happen. But I'm currently eyeing a few projects that will have their moment once the season happens, such as MAVIA, DINO, BGB, OLAS and MATIC. These alts I researched a bit, and invested a portion every of them on Bitget, so I could profit from them once those alts show up in greens.
Anyway, Those are my risky investments. So my advice is to you, to focus on altcoins with strong fundamentals, real world uses, & good development teams, and invest wisely
Good advice, mate. I hold BGB and MAVIA. The former has been consistently breaking ATH for the past few months. Let's hope it continues to do so in the upcoming bull run because I intend to add more to my portfolio.
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February 23, 2024, 11:25:30 PM
 #50

It happened most of the time that Bull season of altcoins appears after Bitcoin's Bull run so there is a possibility that same will happen after coming Bull season of bitcoin.
Most of the altcoins are good in present time but which altcoins will show more better results is not known yet because its all about future and future is unpredictable like that of cryptocurrency.

One thing to remember is that whenever bitcoin goes higher all altcoins are also following it so it is believed that altcoins seasons is initiated by bitcoin all the time because altcoins follow the movement pattern of bitcoin.
Everyone have their own pattern of earning from the market. But in whatever activity we do, just stick on becoming versatile and open in the system. The bull season is regarded as the harvest season, when we check on our laydown projects, while the bear season is the foundation period, moments we invest our time searching for promising projects in the market. I know how difficult it is to be on the winning side, by investing in legit projects. Altcoins season are the best because that's the specified time to put smiles on the faces of investors that's earning quite good from the system.

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February 24, 2024, 03:35:26 AM
 #51

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?

This happens because of the money flow in the crypto market. Money first flows into bitcoin which pushes the price of bitcoin into a new ATH. Then investors start booking their profit which makes the price of bitcoin stable and investors start investing their profits into major altcoin which pushes their price as well. Investors book their profits in major altcoin and move their money into small projects. This cycle continues and all the altcoins start shooting upward which we call an all-season.

This is right and what we call the market cycle. That's why this is the time to start holding or buying the altcoin that will surely shoot up before the halving starts on bitcoin.
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February 24, 2024, 09:09:00 AM
 #52

It happened most of the time that Bull season of altcoins appears after Bitcoin's Bull run so there is a possibility that same will happen after coming Bull season of bitcoin.
Most of the altcoins are good in present time but which altcoins will show more better results is not known yet because its all about future and future is unpredictable like that of cryptocurrency.

It happens all the time, if Bitcoin hasn't had a bull market, we won't have an altcoin bull market that many altcoins will be giving profits. Some altcoins can pump while Bitcoin isn't yet pumping as they have good news that's affecting their prices or an influencer is hyping the project but for many altcoins to pump around the same time, Bitcoin first have to experience its own bull market therefore any individual waiting for the altcoins bull market should wait on Bitcoin bull market.

I think what causes the altcoin season is when alot of profits has been made from Bitcoin bull run then investors what to make more profits so they start to invest in altcoins and pumping it. Many altcoin that aren't quality also benefits as investors are investing into anything that they see and love. Many scams use to come out during this period as the scammers know the investors are desperate to make profits.

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February 24, 2024, 10:59:26 AM
 #53

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?

This happens because of the money flow in the crypto market. Money first flows into bitcoin which pushes the price of bitcoin into a new ATH. Then investors start booking their profit which makes the price of bitcoin stable and investors start investing their profits into major altcoin which pushes their price as well. Investors book their profits in major altcoin and move their money into small projects. This cycle continues and all the altcoins start shooting upward which we call an all-season.
Another important factor is that many investors will want to jump into the bandwagon very late, so they will see the massive gains bitcoin has accumulated and they will not be positive bitcoin can keep going up.

So they will take a look at altcoins instead and invest in them, making the growth of those coins incredibly fast, unfortunately the crash of altcoins is even faster, so it will not be rare for someone to go from poor, to rich and then to poor again in a single day.

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February 24, 2024, 01:07:16 PM
 #54

A lot of investors are more currently interested in bitcoin and I think what trigged this was the current approval of the ETF and even the news of the halving, many are speculating high bitcoin prices this year, as we know it the average investor is mostly moved by hype.

Many others are funding new project get they would invest in, I'm not really expecting much from the altcoin market myself, but I'm expecting the leading altcoin to follow suite any time soon, it's still bitcoins time.

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February 24, 2024, 01:25:52 PM
 #55

A lot of investors are more currently interested in bitcoin and I think what trigged this was the current approval of the ETF and even the news of the halving, many are speculating high bitcoin prices this year, as we know it the average investor is mostly moved by hype.

Many others are funding new project get they would invest in, I'm not really expecting much from the altcoin market myself, but I'm expecting the leading altcoin to follow suite any time soon, it's still bitcoins time.

it will definitely follow Bitcoin. Currently Bitcoin is growing very well. Ethereum has also started to follow Bitcoin. but I think it will require stabilizing the market first. we have to be patient to see a stronger pump. if a pump occurs then Altcoins will also follow Bitcoin's growth. it won't be difficult for the leading Altcoin in the market. it's only a matter of time before we see that season. keep patient.









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February 24, 2024, 04:13:42 PM
 #56

A lot of investors are more currently interested in bitcoin and I think what trigged this was the current approval of the ETF and even the news of the halving, many are speculating high bitcoin prices this year, as we know it the average investor is mostly moved by hype.

Many others are funding new project get they would invest in, I'm not really expecting much from the altcoin market myself, but I'm expecting the leading altcoin to follow suite any time soon, it's still bitcoins time.

it will definitely follow Bitcoin. Currently Bitcoin is growing very well. Ethereum has also started to follow Bitcoin. but I think it will require stabilizing the market first. we have to be patient to see a stronger pump. if a pump occurs then Altcoins will also follow Bitcoin's growth. it won't be difficult for the leading Altcoin in the market. it's only a matter of time before we see that season. keep patient.

Ethereum has always been following Bitcoin even before the ETF approval, so it's not like it just started. That is one amongst other reasons why I prefer Bitcoin over altcoins, because most of these altcoins follow after Bitcoin trend. Indeed the news of ETF approval and the Bitcoin halving convinced many investors to buy more at the dip. And currently the price from the ETF approval has increased, those who got into the market then would probably be smiling by now, but those who missed out can still buy now because there is still hope of increase before the halving and after the halving, after which the price correction must have taken place.
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February 24, 2024, 04:28:57 PM
 #57

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?
This time it will be different. There will be an alcoin season, but not now. There will still be a fall in Bitcoin. Afterwards, perhaps there will be an altseason
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February 24, 2024, 04:56:07 PM
 #58

A lot of investors are more currently interested in bitcoin and I think what trigged this was the current approval of the ETF and even the news of the halving, many are speculating high bitcoin prices this year, as we know it the average investor is mostly moved by hype.

Many others are funding new project get they would invest in, I'm not really expecting much from the altcoin market myself, but I'm expecting the leading altcoin to follow suite any time soon, it's still bitcoins time.

it will definitely follow Bitcoin. Currently Bitcoin is growing very well. Ethereum has also started to follow Bitcoin. but I think it will require stabilizing the market first. we have to be patient to see a stronger pump. if a pump occurs then Altcoins will also follow Bitcoin's growth. it won't be difficult for the leading Altcoin in the market. it's only a matter of time before we see that season. keep patient.

Ethereum has always been following Bitcoin even before the ETF approval, so it's not like it just started. That is one amongst other reasons why I prefer Bitcoin over altcoins, because most of these altcoins follow after Bitcoin trend. Indeed the news of ETF approval and the Bitcoin halving convinced many investors to buy more at the dip. And currently the price from the ETF approval has increased, those who got into the market then would probably be smiling by now, but those who missed out can still buy now because there is still hope of increase before the halving and after the halving, after which the price correction must have taken place.

Indeed altcoins follow the path of Bitcoins they will depending on Bitcoins such as ETH we are all know that ETH nowadays is very high value cause Bitcoin's pricw is go up higher then some coins will grow up too. But in the other hand the best thing to invest is Bitcoin and some coins such us BNB and ETH this three is the big three in the world of crypto so it's better to choose them rather than other coins.  Cause these three coins are already proven by some investors.

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February 24, 2024, 04:58:00 PM
 #59

That's right, btc took off before anyone else and continues to rise, although alts continue to slowly weave. But if you haven't had time to buy btc like me, I advise you to try staking TFS, now is the right time
Lol, that's such an irrelevant suggestion right there. Someone who didn't get time to buy Bitcoin should stake TFS like TFS is going to perform better than Bitcoin from this point onwards. If someone is using their money anyway, why shouldn't they buy Bitcoin using the DCA method which is a much more secure option than staking TFS?
I would never recommend anyone buying and staking altcoins a few months before the bull run because even if you have missed the good opportunities to buy Bitcoin and other major cryptocurrencies, you will still be better off if you buy them instead of wasting or getting your money stuck in altcoins that might not perform up to your expectations.

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February 24, 2024, 06:24:24 PM
 #60

It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?
This time it will be different. There will be an alcoin season, but not now. There will still be a fall in Bitcoin. Afterwards, perhaps there will be an altseason

If we see a correction in the bitcoin price it will be quick as ETF managers are already accumulating bitcoin pretty fast and if they see a crash they will inject more money to grab more bitcoin not only to fill their bags but also to keep the positive sentiment intact so that people keep investing their money in those ETF. Halving is a key factor for the altseason and this season flows with ups and downs. We will see pump then correction then consolidation then again pump. It won't be like a straight pump.









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