lixer
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May 26, 2024, 11:34:23 AM |
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The price of altcoins is rising after the ETF is approved so it looks like the altcoin season is about to start soon. A certain altcoin is the best for investment and also has a good long-term potential. Although my selection may differ from everyone else's, 2022 has been a challenging year for the crypto space, which has caused most coins to fall in price. The new year brings hope that the crypto market can overcome losses.
I think BTC is the first to experience the positive effect of the ETF and most of the times, alts will only rise because BTC is rising. ETF for BTC acceptance have occurred a long time ago and I think there is no alt season that happened yet. There are only a couple of alts and tokens that are pumping which may not be considered as an alt season. Maybe we will need to witnessed the acceptance of ETF for ETH first before we see it? The chance is high since ETH is also an altcoin and the event could surely boost its price too. ETH is also like a BTC that other alts and tokens can follow whatever it is doing. 2022 is sure a tragic year but it's not the first and not going to be the last. There are still positive times/years in between them and this current year seems to be one of it.
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oktana
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May 26, 2024, 11:44:14 AM |
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I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.
I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) But it's only outperform in that time. True but nonetheless both of them are not in the same league (in terms of value). Bitcoin would increase in the dollars more than the value of 1ETH. Because it is like an elephant. Looks heavy and slow but each footprint is usually deep. Even if the fox will run faster. Haha! It’s just hard to accept the statement anyway, even if I get it.
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Bushdark
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May 26, 2024, 11:51:30 AM |
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I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.
I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) But it's only outperform in that time. True but nonetheless both of them are not in the same league (in terms of value). Bitcoin would increase in the dollars more than the value of 1ETH. Because it is like an elephant. Looks heavy and slow but each footprint is usually deep. Even if the fox will run faster. Haha! It’s just hard to accept the statement anyway, even if I get it. We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish. This is one of the best time to make money in the market if we really want earn from this altcoins season. There are already investors that have accumulated enought tokens for the bull that has already commenced.
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strunberg
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May 26, 2024, 04:48:41 PM |
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We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish. This is one of the best time to make money in the market if we really want earn from this altcoins season. There are already investors that have accumulated enought tokens for the bull that has already commenced.
It's true that now we have entered the altcoin accumulation season because the bull run season is almost here. All we need to do is do a DCA and hold your altcoin. Use your cold money because this is a long term investment. I personally have accumulated several altcoins and I have a target that 2025 is the bullrun season for altcoins.
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hamba laeh
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ARTEMIS
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May 26, 2024, 07:09:57 PM |
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I think the altcoin season has arrived and now many altcoins have risen. Please see for yourself the difference in altcoin prices. Even memecoins like Pepe have been gradually increasing for some time now. even ethereum too. has increased again. So what do you mean by altcoin season? and which altcoin do you mean?
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Yatsan
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May 27, 2024, 05:55:08 AM |
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If we would base on what happens usually, Altcoin season takes place after Bitcoin dominance. But if it is just an speculation and overall possibility, then yes it may take place this year given that Bitcoin is now making its move on the uptrend and what's best to do now if you are more looking forward with altcoin season, wait for bitcoin to create another all time high. Next thing to happen is a sudden decline then recovery will be taking place for altcoins wherein big coins will make their own ATH. What's the plan? Be patient and know when to make an action. Avoid FOMOs and stick with your plan. We are already in the altcoins seasons and we just have to take the opportunity to invest now before the price keeps going bullish. This is one of the best time to make money in the market if we really want earn from this altcoins season. There are already investors that have accumulated enought tokens for the bull that has already commenced.
It's true that now we have entered the altcoin accumulation season because the bull run season is almost here. All we need to do is do a DCA and hold your altcoin. Use your cold money because this is a long term investment. I personally have accumulated several altcoins and I have a target that 2025 is the bullrun season for altcoins. On my end, I think alt season is yet to come. Bitcoin still is not done with its dominance. Bearish pattern is still not clear at this point. But yes, anything could really happen given how unpredictable this market is, in general. Would be fine eitherway since at this moment, there are still rooms for accumulation.
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asriloni
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May 27, 2024, 12:21:43 PM |
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With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.
The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term. BTC ETF and ETH ETF have become a strong proof if crypto is starting to be adopted by so many big companies. If this will still conitnue and im totally believing that if altcoin will season come as soon as possible, The main requirement if bitcoin must be bulish in order to help altcoin to perform even better this season. If bitcoin will still do sideways altcoin season will not even come soon. This is caused by altcoins will increas as long as bitcoin breaks a new ATH. This is gonna very help ful for the whole of crypto. Crypto will be stable if bitcoin will not be increasing as soon as possible. Never try to have a big expectation for this. Altcoin will remain stable as long as bitcoin will not make a big move like being pumped to the above 75k
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laijsica
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May 27, 2024, 02:28:19 PM |
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Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again. Ethereum has a big pump today too. If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season. It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season. https://www.blockchaincenter.net/en/altcoin-season-index/Tried looking past price history based on your words and since 2021 ethereum price has not seen much progress. However, its pumping has been increasing significantly recently and may do better for the future. https://www.statista.com/statistics/806453/price-of-ethereum/
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Freddie Boyer
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Crypto WEB3 Neobank
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May 27, 2024, 03:00:29 PM |
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If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season. It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season. https://www.blockchaincenter.net/en/altcoin-season-index/The kings have shown their performance in the market. BTC and ETH and exactly as depicted in the post above, maybe the time has come for altcoin season. I think this is also the moment that most people are looking forward to besides BTC and ETH in the near future.
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danherbias07
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May 27, 2024, 03:01:31 PM |
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I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product. I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it. Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.
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electronicash
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May 27, 2024, 04:29:17 PM |
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I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product. I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it. Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.
the rise of ETH because of the ETF i think will also make altcoins go up which is why the altcoin season might just be around the corner and it only needs the momentum to be reset and it looks like its already happening while Trump is making crypto more mainstream. he is saying a lot of things but doesn't really make people believe in them but the idea is there. crypto is becoming mainstream and most likely everyone will be onboard on crypto because its a free advertisement for all.
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kentrolla
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May 27, 2024, 07:50:01 PM |
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I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product. I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it. Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.
Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.
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MRY
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May 27, 2024, 10:29:15 PM |
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Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.
Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements.
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kamvreto
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MAaaN...!! CUT THAT STUPID SHIT
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May 27, 2024, 11:44:28 PM |
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With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.
The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term. That's right, the Ethereum ETF provides very good news for altcoin price movements. Soon we will start the movement of the altcoin season which begins with a very high increase in Ethereum prices because they managed to enter the Ethereum ETF. AltSeason is coming soon, maybe in a few days time. Don't expect that in a few days it might happen this year so that the altcoin trend gets stronger and the altseason occurs quite perfectly. ETH needs to break through $4000 to reach the next higher price. the important thing is that Bitcoin remains stable and there is no FUD to throw this whole party into chaos.
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SATWAT
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May 27, 2024, 11:51:07 PM |
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Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.
Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements. A good point which is missing by many with they are expecting good run in bitcoin can bring better results in crypto as well which is not easy because many times are having huge decline in crypto while we are having good movement in Bitcoin with things can take any direction while its never follow this all. Currently as situation is going we can expect any side movement with most chances things can go positive which could be good and having good chance of going for long time specially if we are going to have $4000 in Ether then surely we will have good rise in crypto which will go for the long time.
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Everything has to end one day.
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X-ray
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May 28, 2024, 02:25:00 AM |
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I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product. I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it. Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.
Things are different, the usual pattern of bitcoin down while altcoin up which indicates altcoin season back then is no more. nowaday its just the market following the trend, most of altcoins are independent to each other, but usually a coin that are layer 2 depends on the price of layer 1, if it rise then the layer 2 will also rise. here's some example why such thing is actually happening. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FHktB39ph%2FScreenshot.png&t=665&c=ZcUBF0nINcXsmg) that is the comparation chart of stacks which actually just layer 2 of bitcoin with smart contract capability, if you observe the price of these two, you will see similarity, it means some of altcoins that are layer 2 kind of depends on the layer 1 price. the other altcoin of different narrative such as RWA or depin is different, it is sometime climbing the ladder on its own regardless of the current trend, but silver lining is that, if bitcoin rise, the other altcoin also have higher of chance to rise as well since the capital flowing to the market is more immense, therefore its as easy as following the trend. for altcoin season, i guess there gonna be no such thing anymore, what still there is crypto season where all crypto including bitcoin and altcoin just goes up due to current market sentiment.
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Fullcoinese
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May 28, 2024, 03:33:43 AM |
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A good point which is missing by many with they are expecting good run in bitcoin can bring better results in crypto as well which is not easy because many times are having huge decline in crypto while we are having good movement in Bitcoin with things can take any direction while its never follow this all. Currently as situation is going we can expect any side movement with most chances things can go positive which could be good and having good chance of going for long time specially if we are going to have $4000 in Ether then surely we will have good rise in crypto which will go for the long time.
The main thing is maybe we can see Bitcoin is quite strong with its position first. because Bitcoin movements will greatly influence the potential for altcoin market growth. If Bitcoin is not strong enough and stable after the pump or briefly experiences a correction it will be very difficult to see the altcoin making a lasting increase. the price will be very quickly affected by the movement of Bitcoin. some altcoins can create their trends. but not to form an altcoin season.
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laijsica
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PredX - AI-Powered Prediction Market
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May 28, 2024, 04:48:32 AM |
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Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.
Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements. You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.
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God bless u
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Eloncoin.org - Mars, here we come!
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May 28, 2024, 06:18:00 AM |
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I think we have to wait a little more before altcoins season begins. There is a dump in the market especially after the halving people got disappointed because the market didn't responded the way people were expecting it to. So in order to be on a safe side we should ignore short term investments at the time. Yes if you're planning something long then you can go ahead it could be the best time possibly.
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Godday
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May 28, 2024, 07:55:05 AM |
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You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.
Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.
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