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Author Topic: Hmmm... Most Alts Could be Hitting Bottom Here  (Read 305 times)
tokeweed (OP)
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August 18, 2024, 01:05:23 PM
 #1

I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again.  But not just any alt.  I think we could have better chances of more upside if we hold the newer ones that were released recently.  None of those old ones like UNI, AAVE, LTC or XRP which already had their time of trending up huge during past bull markets.  We want the newer ones that are -80% down or more their recent all time highs.  Those ones that were released after 2021.  I won't give any suggestions of which those are as it would look like I'm shilling. 

I think we'll be seeing a lot of the newer alts make huge moves up next year.  And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.

Stay safe out there guys.

R


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August 18, 2024, 08:39:27 PM
 #2

I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again.  But not just any alt.  I think we could have better chances of more upside if we hold the newer ones that were released recently.  None of those old ones like UNI, AAVE, LTC or XRP which already had their time of trending up huge during past bull markets.  We want the newer ones that are -80% down or more their recent all time highs.  Those ones that were released after 2021.  I won't give any suggestions of which those are as it would look like I'm shilling. 

I think we'll be seeing a lot of the newer alts make huge moves up next year.  And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.

Stay safe out there guys.
Interesting angle, but that's pretty vague if you refuse to say which ones. Can you pm me, because i would definitely like to look some new ones. There are countless of tokens and coins released after 2021 and i am sure that you aren't referring to ALL that are down -80%? And are there other factors that you are looking for? Marketcap size, exchanges or liquidity? Team?

And it's not like it matters, but do you have any old charts from previous bull you are using as a basis? Or is this just a feeling coming from experience?

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August 18, 2024, 09:49:47 PM
 #3

Yeah I think the same here.  Just commented on another post about this very subject.  I think we have a couple more months left and then on the turn of the new year I think we are going to see our next prolonged bull run.  I'm using now until the end of the year to stock up and then letting it ride.

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August 19, 2024, 02:18:12 AM
 #4

finds the alts that can recover really fast whenever BTC dumps, such as ZRO, TON, and SOL.

By no means i'm shilling for these coin as well but just seeing their price action whenever BTC dumps and they easily recover back to their original price just meant that the coin is really good for investment and potentially could breakthrough new highs.
the lame coin such as ADA, DOT and so on aren't really good investment anymore, they're past their prime as you said and nobody want to pump them with their big market cap.

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2023 would most likely be as bearish as 2022


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August 19, 2024, 03:15:41 PM
 #5

I think the same. but we can see more crashes soon. after deducting the interest rates, people tend to buy risky assets. in my opinion , ZRO and TIA are best investments

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
tokeweed (OP)
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August 20, 2024, 11:18:53 AM
 #6

I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again.  But not just any alt.  I think we could have better chances of more upside if we hold the newer ones that were released recently.  None of those old ones like UNI, AAVE, LTC or XRP which already had their time of trending up huge during past bull markets.  We want the newer ones that are -80% down or more their recent all time highs.  Those ones that were released after 2021.  I won't give any suggestions of which those are as it would look like I'm shilling. 

I think we'll be seeing a lot of the newer alts make huge moves up next year.  And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.

Stay safe out there guys.
Interesting angle, but that's pretty vague if you refuse to say which ones. Can you pm me, because i would definitely like to look some new ones. There are countless of tokens and coins released after 2021 and i am sure that you aren't referring to ALL that are down -80%? And are there other factors that you are looking for? Marketcap size, exchanges or liquidity? Team?

And it's not like it matters, but do you have any old charts from previous bull you are using as a basis? Or is this just a feeling coming from experience?

Not that I wanna shill or anything (I do lolol), but I already said in a couple of threads that I'm going for the Monad airdrop.  So for that I've staked PYTH and W.  I think optics wise they've bottomed out and looking at their unlock schedule, they have their next ones due to be still on mid 2025.  So that's still a long way off and I'll be gone before that and rotate somewhere else.  Grin

So yeah, that's it for now but I also have some memecoins in Hyperliquid and Solana.

R


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August 20, 2024, 12:44:32 PM
 #7

I feel like we are going to see a bigger increase after the rates lower, because people do not like low rates so they would like to see the prices going up, and because of that I honestly believe that we are going to see something changing.

One thing is for sure, there are way too many people who will not be happy with what we normally have because we have been waiting for a long time for a big increase which means that we are going to see too many people having a good reason to actually believe this to be something that will go up super high, if we waited this long then it must actually be worth it, otherwise it doesn't matter and people will not be happy with what we have.

If it goes to like 80k and crashes to a bear run again then we are not going to end up with a good result, because that's not enough at all, we need to go at least to 100k+ and similar type of increases in the altcoins as well, to make sure that we actually did something that worths it. This is why I believe that we are going to see these type of changes because everyone wants them, and because everyone wants to see it, they all buy into it and that results will price going up. Soon (late 2024, early 2025) we will see that.

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August 22, 2024, 09:06:55 PM
 #8

Honestly, altcoins are not really doing well these days. Looks like most people are into memecoins than altcoins with utilities. Although, the rise of these altcoins can call people's attention back. But not everyone. Let's wait till next year and see.

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August 24, 2024, 12:26:02 PM
 #9

Honestly, altcoins are not really doing well these days. Looks like most people are into memecoins than altcoins with utilities. Although, the rise of these altcoins can call people's attention back. But not everyone. Let's wait till next year and see.
meme coin market is too saturated with low quality project, that's why it might seem that altcoin market is quite underperforming compared to meme, but if you observe its all the same, meme coin is weakening too.
but certain niche of altcoin still quite good for investment like AI for example.



this past few weeks alone this niche is the strongest altcoin niche, scoring some good price surge. nowadays the trend always focused on certain niche and so does the pump.

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August 26, 2024, 08:43:54 PM
 #10

I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again.  But not just any alt.  I think we could have better chances of more upside if we hold the newer ones that were released recently.  None of those old ones like UNI, AAVE, LTC or XRP which already had their time of trending up huge during past bull markets.  We want the newer ones that are -80% down or more their recent all time highs.  Those ones that were released after 2021.  I won't give any suggestions of which those are as it would look like I'm shilling. 

I think we'll be seeing a lot of the newer alts make huge moves up next year.  And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.

Stay safe out there guys.

I tend to agree.  Been through many bull amd bear markets amd this feels very pumpy right now.  Seems like a consolidation at this point amd people are stocking up on coins amd tokens.  Could be wrong but I think come nov/Dec we start to see some positive movement upwards amd then spring of 2025 we have a full bore bull run with more of the "normal" population starting to get involved.  No clue where this one goes but I think it's going to be the biggest volume in crypto we've seen in it's 15 year history.  Just my 2 cents.

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August 27, 2024, 11:59:47 AM
 #11

^  But the way things are looking right now, let's see if I have spoken to soon.  Grin  I feel like the market is prime for a other leg down to a total down trend.  Meh...  But yeah, looks like I need to start looking for stimmies again.  And that means airdrop hunting.  Cheesy 

People have been sharing their scores in Base.  That's prolly the next decent one with Monad and Hyperliquid imho.  The other projects are mostly farming the farmers. 

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August 27, 2024, 01:35:14 PM
 #12

Yeah I think the same here.  Just commented on another post about this very subject.  I think we have a couple more months left and then on the turn of the new year I think we are going to see our next prolonged bull run.  I'm using now until the end of the year to stock up and then letting it ride.

We are right in the pre-bull market moment, if anyone is investing right now then definitely successful. But without investment any person will fail because when the bull market season is over he will be disappointed. So you can invest in this deep market in present time to have time, the longer the investment is, the more your benefit will be.  Because Bitcoin will reach its peak very quickly, the next coin will hit its peak at that time.

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August 28, 2024, 05:42:08 AM
 #13

My personal opinion is that it is likely we are going further down now into 2025 and might not see a "proper bull" market until the end of 2025 or even 2026.

This historically means that ALTs will drop even further than the benchmark BTC. However, there will always be a select few that pops off with very high returns even during a bear market. (this is too volatile imo)

If you invest in ALTs at any time, do not be too greedy to take profits during swings. And unless you invest i air castles, dont panic if they go down and HODL.

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August 28, 2024, 06:34:52 AM
 #14

I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again.  But not just any alt.  I think we could have better chances of more upside if we hold the newer ones that were released recently.  None of those old ones like UNI, AAVE, LTC or XRP which already had their time of trending up huge during past bull markets.  We want the newer ones that are -80% down or more their recent all time highs.  Those ones that were released after 2021.  I won't give any suggestions of which those are as it would look like I'm shilling. 

I think we'll be seeing a lot of the newer alts make huge moves up next year.  And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.

Stay safe out there guys.

I think many altcoins are at their bottom or almost there and it is high time to accumulate some coins. Some of the older coins might have some potential to perform well in the upcoming alt season, but I am more focused on new coins. I agree with your thinking that it is more profitable to invest in newly launched (after the 2021 alt season) coins than flagging a dead horse. I purchased a few coins approximately a month ago when the market dipped and have shortlisted a few more potential coins in case we see another dip in the coming days.

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August 30, 2024, 07:08:53 AM
 #15

My personal opinion is that it is likely we are going further down now into 2025 and might not see a "proper bull" market until the end of 2025 or even 2026.

This historically means that ALTs will drop even further than the benchmark BTC. However, there will always be a select few that pops off with very high returns even during a bear market. (this is too volatile imo)

If you invest in ALTs at any time, do not be too greedy to take profits during swings. And unless you invest i air castles, dont panic if they go down and HODL.

I do think otherwise, seeing green all over in October or so, but only time will tell what will be right in the end Grin Many factors are in place, too many, in fact.

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August 30, 2024, 11:32:52 AM
 #16

I think many altcoins are at their bottom or almost there and it is high time to accumulate some coins. Some of the older coins might have some potential to perform well in the upcoming alt season, but I am more focused on new coins. I agree with your thinking that it is more profitable to invest in newly launched (after the 2021 alt season) coins than flagging a dead horse. I purchased a few coins approximately a month ago when the market dipped and have shortlisted a few more potential coins in case we see another dip in the coming days.
I feel like there is no good logic behind putting all your eggs in a basket, and that is why if you want to buy some new ones then it is your call and if you want to then you can do that. But, we should be considering the factual situation where it is not going to be possible for that to mean something, it shouldn't be that much of a big deal at all.

We are going to end up with something that will take a while, but that doesn't mean that we are going to see something changing closely. Just keep up with old coins too, they are not much down but they are good and old and been here before and they can go up, so there is a good reason to accumulate more of them. It's the right choice and we could make that work somehow.

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August 30, 2024, 07:49:32 PM
 #17

I think many altcoins are at their bottom or almost there and it is high time to accumulate some coins. Some of the older coins might have some potential to perform well in the upcoming alt season, but I am more focused on new coins. I agree with your thinking that it is more profitable to invest in newly launched (after the 2021 alt season) coins than flagging a dead horse. I purchased a few coins approximately a month ago when the market dipped and have shortlisted a few more potential coins in case we see another dip in the coming days.
That is true, if you trust any coins then it is great time to accumulate as much as possible, which is what people are not doing at the moment and it upsets me and I feel so sad because the yare going to regret it. Look at all the people who are still selling, I have seen people with millions that sold their coins and got out, people who are that rich shouldn't really be weak hands considering how much they have, but they still do end up like that, and don't get me started on the retail investors, that's a whole another different subject which causes a lot of trouble without a doubt.

I think the best way to move forward would be just making sure that we are dealing with something that takes time, it's not going to end up with much issues if we just trust it.

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August 31, 2024, 04:14:38 AM
 #18

My personal opinion is that it is likely we are going further down now into 2025 and might not see a "proper bull" market until the end of 2025 or even 2026.

This historically means that ALTs will drop even further than the benchmark BTC. However, there will always be a select few that pops off with very high returns even during a bear market. (this is too volatile imo)

If you invest in ALTs at any time, do not be too greedy to take profits during swings. And unless you invest i air castles, dont panic if they go down and HODL.



current market circumstances i'd be panicking only if i hold VC coins in the brink of massive unlock like TIA, as long as it's not VC coin that are about to get unlocked, i won't bother even if it dumps i'll just let it recover because most of such coin that at least are in the top 50 will recover.
however if it's whatever coin that's VC related, i'd just take the smallest profit there is and temporarily refrain from investing in them, we're in that stage where so many coins are about to unlock VC bag so they can dump it, reinvesting when this phase already passing would be better idea.

but I can see if somehow 2025 bullrun truly comes in it will be explosive for most of alts though, so many of them undervalued right now.

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August 31, 2024, 07:59:51 AM
 #19

it is time for market renovation and altcoin that is not as useful back when they are new must be eliminated at least from the top tier so yeah I also believe in this speculation , we must remember that there are lots of coins in the lower rank or those newly created that has a better service to provide than just what those old coins can give .
so expect new movement in the coming days .

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August 31, 2024, 11:31:25 AM
 #20

^  Yeah...  As said, the rotation could go back to the newer tokens that really have something to do with making stuff in crypto rather than encouraging the gambling aspect of it...  But then again when the price of the tokens behind the projects that are actually making something are too high, as how it usually goes, the rotation goes back to memes.  That particular rotation actually marks the end of the uptrend for the rest of the market as all volume gets sucked into memes.  Cheesy  Remember PEPE and DOGE's huge runs?

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