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Author Topic: What's in For Altcoins after the Halving?  (Read 450 times)
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April 21, 2024, 11:37:47 PM
 #21

Before you starts thinking of altcoin don't you think you have to focused on bitcoin before altcoin
Many of them ignores that important part of this halving. It's all about Bitcoin for this halving but since this is a scattered market where there's the distribution and impact from Bitcoin, they're all thinking of something that will rise up eventually or all of a sudden through altcoins that they're holding. They all want to hear what they want to hear but if it's about our suggestions about Bitcoin, they don't want to listen to anybody and they're pushing to what they think will prosper them, I have no problem with that but if they want to listen, then listen.



 

 

 

 

 

 


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April 22, 2024, 03:13:50 AM
 #22

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?
What I can see right now especially since Bitcoin Block Halving is already done, is most altcoins will correlate with Bitcoin, it will depend now on Bitcoin where the price will go, because as you can see, just like most of the high top market cap altcoins are just following Bitcoin.

Right now when Bitcoin dumps = altcoin dumps, Bitcoin pumps = Altcoin pumps, Bitcoin sideways = altcoin sideways.

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April 22, 2024, 09:01:06 AM
 #23

Correlation and pairing apply in crypto, so if the price of Bitcoin (BTC) falls, the price of altcoins will also fall unless MC is dominated by altcoins a.k.a altseason. As of today, Bitcoin (BTC) still has dominance with a percentage of more than 53%, meaning that it's not a good thing to invest in altcoins at this time if the price decline occurs again in the future.
Altcoins can have their own market dynamics and can sometimes move independently from Bitcoin. This means that even if Bitcoin's price falls, altcoins may not necessarily follow suit. Altcoins may have their own unique factors and developments that can influence their prices.

As for Bitcoin dominance, it is an indicator that represents Bitcoin's market capitalization compared to the total market capitalization of all cryptocurrencies. A higher dominance percentage indicates that Bitcoin has a larger share of the overall market capitalization. However, it does not necessarily dictate the future performance of altcoins. Altseasons, where altcoins outperform Bitcoin, can still occur even during periods of high Bitcoin dominance.

Your writing doesn't look like human writing, and I only realized after seeing the feedback on your account that you have a history of AI creating posts. But that's okay, I'll still reply to your rubbish statement.

First, Sometimes altcoins have their own market, but they must be followed by several supporting points, such as updates or hype surrounding a particular altcoin. I experienced it in 2021 where the price of Oasis Network (ROSE) increase more than 10% even though Bitcoin (BTC) was bearish at that time, it happened because of the big hype that Coinbase would list Oasis Network (ROSE) on their exchange.

And secondly, altseason will never happen if Bitcoin Dominance happens, I don't know where you got the information, but your information is wrong information.

R


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April 22, 2024, 04:11:58 PM
 #24

Before you starts thinking of altcoin don't you think you have to focused on bitcoin before altcoin
Many of them ignores that important part of this halving. It's all about Bitcoin for this halving but since this is a scattered market where there's the distribution and impact from Bitcoin, they're all thinking of something that will rise up eventually or all of a sudden through altcoins that they're holding. They all want to hear what they want to hear but if it's about our suggestions about Bitcoin, they don't want to listen to anybody and they're pushing to what they think will prosper them, I have no problem with that but if they want to listen, then listen.
But true must be told about altcoin you can't mention and expect altcoin to soar without bitcoin rallying up and making progress. We can say all manner of things about altcoin but they all still depends on increase and changes of bitcoin to make progress in terms of price surge and whatever and again they have also forgotten that whatever news be it negative or positives news that quickly affects bitcoin surely affects altcoin and it's naturally and can't be changed since bitcoin is the market mover while other altcoin follows accordingly.

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April 22, 2024, 06:29:54 PM
 #25

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it.
The Bitcoin momentum hasn't even started let alone gone down. That push up we saw before halving wasn't a part of the expectation for this circle. Nobody expected Bitcoin would rally that high before halving. It was the first time Bitcoin broke its own record before a halving event. So, I won't count whatever dip we're experiencing now as momentum going down. Bitcoin is yet to start. Although I'm of the opinion, occasioned by historical data, that there's a dip coming after halving. We're yet to run into that dip now. On that, it will be a wise thing for anyone buying Bitcoin to be doing that on DCA so they can have more liquidity to get more quantity.

Quote
Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?
Nah! Alts rally is far from starting. Don't look at Bitcoin price to judge this thing. Rather, look at Bitcoin dominance to gauge it. Currently, the dominance of Bitcoin stands at over 50%. There's no way alts will push up when Bitcoin is at that level.

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April 22, 2024, 06:52:32 PM
 #26

I think it is too early, even for Bitcoin. The alt season will start once Bitcoin soars post-halving, which can happen in a few days or months. While no one can tell how things will progress, I would suggest keeping a diverse portfolio and watching out for high-performing altcoins so you can invest in them and keep your investment risks minimal.
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April 22, 2024, 08:18:47 PM
 #27

I think it is too early, even for Bitcoin. The alt season will start once Bitcoin soars post-halving, which can happen in a few days or months. While no one can tell how things will progress, I would suggest keeping a diverse portfolio and watching out for high-performing altcoins so you can invest in them and keep your investment risks minimal.
The market is not friendly to anyone and these investors knows how to plan the market following their principles. Altcoins also dominates the market and they have their specific seasons to pump. It's been one of the important status to know when to buy and sell in the market. Halving have come and go and we should expects the high ratio when it comes to volatility of bitcoin this season. Investors should always keep their positions ready to accumulates profits and be ready to know their weaknesses and strong grounds in the market.

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April 22, 2024, 08:37:05 PM
 #28

Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

The altcoins will only experience a high after bitcoin has. After all, it is thanks to bitcoin that altcoins will be getting more and more investors. It is because they trust bitcoin so much they are now willing to look beyond and invest in others as well.

During this time there’s a chance that many altcoins will have a surge in price with new investors buying a lot of different coins. You still should be careful because not all altcoins will have success even after bitcoin’s.

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April 23, 2024, 06:03:15 AM
 #29

its really no way to determine when the altcoin rally gonna come, usually its when bitcoin is also rallying, remember that halving doesn't mean instant price increase.
there's time needed for it to take effect and make big rally in the future just like how the past chart were illustrating about the state of bitcoin in previous bullrun.
altcoin as far as I know could be having big rally literally anytime, it doesn't need to wait for bitcoin to make big rally first but having big rally coming from bitcoin to make the market sentiment rather bullish does indeed help as a catalyst that could make altcoin season coming faster.
its just that there are so many factors need to be taken into account, as far as I know, even right now some coin are already doing great.

Okay, so we should not just be too optimistic or too expectant from the halving because it is mentioned everywhere and the normal things still holds just that things can happen faster now that it is halved.
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April 23, 2024, 06:06:46 AM
 #30

After the halving the market is in pretty good shape with bitcoin doing well among the altcoins Eth and BNB. A little research should be done to understand the volatility in the market, then it will be easy to understand the positions of the market and know the ups and downs of currencies. Everything must be done according to plan to avoid investment risk.

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April 23, 2024, 06:14:11 AM
 #31

Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

The altcoins will only experience a high after bitcoin has. After all, it is thanks to bitcoin that altcoins will be getting more and more investors. It is because they trust bitcoin so much they are now willing to look beyond and invest in others as well.

During this time there’s a chance that many altcoins will have a surge in price with new investors buying a lot of different coins. You still should be careful because not all altcoins will have success even after bitcoin’s.

That is succinct and the last statement said it all, everyone needs to be careful with the altcoins in the space even after the halving.
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April 23, 2024, 06:15:44 AM
 #32

After the halving the market is in pretty good shape with bitcoin doing well among the altcoins Eth and BNB. A little research should be done to understand the volatility in the market, then it will be easy to understand the positions of the market and know the ups and downs of currencies. Everything must be done according to plan to avoid investment risk.

We talking about altcoins generally and not even a particular altcoin.
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April 23, 2024, 06:22:50 AM
 #33

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.









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April 23, 2024, 06:52:17 AM
 #34


Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.

The transaction fees on the Bitcoin network are insanely high and I do not think anyone can make small payments now. The Ordinals have again started spamming the network causing congestion and an increase in fees. Altcoins are following the Bitcoin price path and it seems they will move in the same manner for some time now. If Bitcoin goes up they follow it, if it goes down they also go down there nothing else happening.

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April 23, 2024, 09:15:22 AM
 #35

Since altcoins tend to follow the movements of Bitcoin and whether Bitcoin drops or goes up, altcoins will do the same as well, and we know that based on historical charts and events, Bitcoin tends to go up after the halving event, and if that happens, there is no doubt altcoins will go up as well because the bull run isn't for Bitcoin alone but it is for the whole market because they all move in the same direction most of the time.

I know that altcoins weren't following the pace of Bitcoin earlier when Bitcoin went straight up to hit a new all-time high but that doesn't mean they would do the same. So, I'm optimistic that altcoins will perform exceptionally as soon as Bitcoin starts going up, so we should be prepared for one hell of a ride.

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April 25, 2024, 08:21:22 PM
 #36

Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.
The transaction fees on the Bitcoin network are insanely high and I do not think anyone can make small payments now. The Ordinals have again started spamming the network causing congestion and an increase in fees. Altcoins are following the Bitcoin price path and it seems they will move in the same manner for some time now. If Bitcoin goes up they follow it, if it goes down they also go down there nothing else happening.
Small payments are still possible but of course as long as you are willing to pay the transaction fees, however I know that it is seems it doesn't make sense for a poor person to do that but for a rich people, the amount that we think is huge are still small for them. So, it was the ordinals are responsible for the rise in fees?

I thought it was because of the halving like what other people are saying? But maybe you are right because halving is not like this before. Alts and BTC are moving all together. This is not new and I think it will be like this forever. Halving had occurred in April 19, so the OP supposed to know already if what happened to altcoins or even to BTC.

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April 25, 2024, 08:43:17 PM
Last edit: April 25, 2024, 09:00:56 PM by Rengga Jati
 #37

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?
Have there been many changes? My portfolio hasn't changed too significantly yet. Moreover, the development of altcoins will usually be very dependent on the development of Bitcoin prices. So, that will make us probably wait for some time for the development of Bitcoin itself. Yes, keep calm down even though the halving is over and we hope that things will turn out to be extraordinary.

But this is indeed much better than a few days before having it. It was quite sad to see my portfolio really drop quite a lot. And of course, this is just the beginning. We are facing something big. Of course, that will enable us to make certain decisions regarding what to do and when to be able to take maximum profits. That could be something to consider.

R


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April 25, 2024, 11:28:08 PM
 #38

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?
I will take the latter to the former because altcoins follow the movement of Bitcoin and right now Bitcoin is $64k and struggling to move upward. So I will advise you trade normally as before because except Bitcoin altcoins are just stagnant in movement and there is no hope for rising anytime soon. As for Ethereum we say his All Time High in the month of February but base on the congestion facing the network, the movement just slow down.









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April 25, 2024, 11:34:40 PM
 #39

I’m not even sure when it is starting anymore but like I normally say, that’s the advantage of holding long term. Because you just know it that whenever the time comes, you will be among the happy people. It doesn’t feel like it’ll be happening soon though, just hodl what you have in patience.



 

 

 

 

 

 


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April 26, 2024, 05:15:36 AM
 #40

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?
Bitcoin bull run has not really come to an end, this is just a small correction which is quite common after the halving, altcoins for the most part do not have the strength to start anything on their own, so they need for the bull run to get to such high levels that people are incredibly excited about it, a set of circumstances that will make many traders to look for alternatives to make even more money, and that is when altcoins could skyrocket, but we are still very far away from reaching that point.
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