Hmmm... Most Alts Could be Hitting Bottom Here

[d5000]

None of those old ones

What if this time it's different?

Maybe a different logic could be developing:

- Most things have already been invented in crypto, so the upside is lower for new products promising "the next big revolution".
- People have been scammed hard by "newer alts" since 2014 or so and lost huge amounts of money.
- No coin which was promoted to be "the next Bitcoin" has managed to catch up even with Ethereum. The single one which tried hardest (Terra/Luna with their Do Kwon cult) was the biggest failure of them all.
- More and more people realize this, and thus older, more "solid" projects begin to attract more capital also in the altcoin space. (This is not a Bitcoin maximalist post, I'm talking about coins like XMR, AVAX, LTC, MKR ...).

Don't misunderstand this post, in general I agree that it's more likely that newer coins have more upside as this was the case in several bull runs. But this hype mechanic could be changing eventually.

I agree however that it looks that alts have stabilized a bit, perhaps the bottom is in definitely for this intermediate bearish phase.

[Adbitco]

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.

It's still more preferable have the already existing one that much more established than those coins who hadn't experience the exponential growth or having to witness bull run, though there are more likelihood that the newly coin that never experienced would have much more chances to give some possible percentage while the bull run come next year. But their dump would be something unimaginable and shouldn't be trusted that much of even holding them with a relaxed mind instead more established ones.

[bitterguy28]

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 am enjoying Bounty and airdrops nowadays , starting from DOG nowto Banana , i think there is a place for me in these area now (in which I denied for  how many years before)

[el kaka22]

October seems like a more possible period, and right now we are still just a small time away from the bull period, not a lot but we are getting closer yet not there. We will probably see it start moving a bit on October, but the real big increase will start in December if you ask me.

December will not be when we see the peak, it is not going to be the new all time high, we will keep seeing more increases in 2025, I just think that the move will start in December, and then move into the new year as well. This is why October is a "fake bull" period, and not that it won't go up, it will, but then November could be a bit more down again.

Maybe we will see 70k again and drop under 60k again, that could be possible, but then in December it will start going to 70k again and then move beyond and have new all time high later on. This is why we should keep trusting what we see, it looks like we are going to see September be a bit sideways and not much big movements will happen, just daily small ones.

[Fredomago]

October seems like a more possible period, and right now we are still just a small time away from the bull period, not a lot but we are getting closer yet not there. We will probably see it start moving a bit on October, but the real big increase will start in December if you ask me.

December will not be when we see the peak, it is not going to be the new all time high, we will keep seeing more increases in 2025, I just think that the move will start in December, and then move into the new year as well. This is why October is a "fake bull" period, and not that it won't go up, it will, but then November could be a bit more down again.

Maybe we will see 70k again and drop under 60k again, that could be possible, but then in December it will start going to 70k again and then move beyond and have new all time high later on. This is why we should keep trusting what we see, it looks like we are going to see September be a bit sideways and not much big movements will happen, just daily small ones.

So if you think that way better to grab the opportunities to collect those coins that you believe will generate decent benefits while it's on sale right now inside the market, there are projects that will be on bargain which can still bring big pump along the way, the question right now is how good your analysis and how better to study deal with your research.

It's your own decision making that will generate good prospers for your investment, just take time to keep on track and keep those assets
for a certain amount of time.

[FortuneFollower]

October seems like a more possible period, and right now we are still just a small time away from the bull period, not a lot but we are getting closer yet not there. We will probably see it start moving a bit on October, but the real big increase will start in December if you ask me.

December will not be when we see the peak, it is not going to be the new all time high, we will keep seeing more increases in 2025, I just think that the move will start in December, and then move into the new year as well. This is why October is a "fake bull" period, and not that it won't go up, it will, but then November could be a bit more down again.

Maybe we will see 70k again and drop under 60k again, that could be possible, but then in December it will start going to 70k again and then move beyond and have new all time high later on. This is why we should keep trusting what we see, it looks like we are going to see September be a bit sideways and not much big movements will happen, just daily small ones.

So if you think that way better to grab the opportunities to collect those coins that you believe will generate decent benefits while it's on sale right now inside the market, there are projects that will be on bargain which can still bring big pump along the way, the question right now is how good your analysis and how better to study deal with your research.

It's your own decision making that will generate good prospers for your investment, just take time to keep on track and keep those assets
for a certain amount of time.

I do think that accumulation now will pay greatly in the future for those who won't stop up due to corrections or needing money asap, thus, stopping the process altogether.

If a person is self-responsible, he will be able to achieve what you said in the end.

[DOH!]

Yes, Altcoins will only bottom when bitcoin goes down, it has become a rule of the market. Other assets, not just bitcoin, are also retreating and bitcoin's downward reaction is normal. Therefore, altcoins will have to continue to wait, it may be an opportunity to accumulate or buy more at the next low price. I guess Q4 will have interesting adjustments, if there is support, bitcoin will increase very quickly. I continue to observe and wait in october.

[FortuneFollower]

Yes, Altcoins will only bottom when bitcoin goes down, it has become a rule of the market. Other assets, not just bitcoin, are also retreating and bitcoin's downward reaction is normal. Therefore, altcoins will have to continue to wait, it may be an opportunity to accumulate or buy more at the next low price. I guess Q4 will have interesting adjustments, if there is support, bitcoin will increase very quickly. I continue to observe and wait in october.

I do think that in October or more likely in 2025 we will see the BTC growing up and alts following along the way.
As you said, it's better yet to accumulate BTC as well as the alts if you are into them to get the boons for it later on.

[ivankoh]

I will probably continue to state once again that the value of altcoins depends on the position and support of bitcoin. It is unfortunate but we have to pray for a rapid uptrend of bitcoin so that altcoins can encourage a new trend. If we really expect altcoins to recover, we need to be patient and wait for bitcoin support.

[Fredomago]

October seems like a more possible period, and right now we are still just a small time away from the bull period, not a lot but we are getting closer yet not there. We will probably see it start moving a bit on October, but the real big increase will start in December if you ask me.

December will not be when we see the peak, it is not going to be the new all time high, we will keep seeing more increases in 2025, I just think that the move will start in December, and then move into the new year as well. This is why October is a "fake bull" period, and not that it won't go up, it will, but then November could be a bit more down again.

Maybe we will see 70k again and drop under 60k again, that could be possible, but then in December it will start going to 70k again and then move beyond and have new all time high later on. This is why we should keep trusting what we see, it looks like we are going to see September be a bit sideways and not much big movements will happen, just daily small ones.

So if you think that way better to grab the opportunities to collect those coins that you believe will generate decent benefits while it's on sale right now inside the market, there are projects that will be on bargain which can still bring big pump along the way, the question right now is how good your analysis and how better to study deal with your research.

It's your own decision making that will generate good prospers for your investment, just take time to keep on track and keep those assets
for a certain amount of time.

I do think that accumulation now will pay greatly in the future for those who won't stop up due to corrections or needing money asap, thus, stopping the process altogether.

If a person is self-responsible, he will be able to achieve what you said in the end.

Yeah, it's more on how you play with your investment as long as you have the money and treat is as spare so you can just let it be keep whatever the direction of the market, it affects your emotion if you don't know how to control, especially when emergency happen you can't ignore that needs and even you are at loss you'll be selling your assets to address your needs.

[michellee]

It seems, the refresh of the market will comes and will make a new list of the crypto market. But still that will difficult to select the alt that can rise next. With so many altcoins, we needs to be selective by researching each project to find the coin.

I hope people will not just follow what other people suggest but research for first before they decide. If they wrong in decision, they will not make a profit but will waste their money in a wrong coins. I guess many new coins will take their position in the crypto market so we must be careful when decide.

Yes, a lot of the newer alts make huge moves up next year but we still don't know which one will rise. It needs more deeper research and analysis to find out the coin. The key here is only buy the coin with the money you can afford to prevent the lost.

Natural selection on altcoins that we deserve, this month for next year, is indeed quite confused with the many altcoins available today, I think you have your own way of selecting coins that are worth buying in the market, you can see fundamentally if you want to talk long term, do that strategy by having the 10 best coins according to you then throw away five and take the 5 most worthy of you to buy to invest.

You give a good suggestion to pick the 10 best coins according to our research. The market situation now is indeed a natural selection for crypto market so the list of the coins will not be too many to choose. With only choose 10 best coins, we will not feel difficult to handle the coins.

If we can analyze deeper, we may be find a potential coin that can give us profit in the future. Although that needs time to get, that will be worth to do if we still research the coin one by one. We don't know for sure but we can get more sign or clue which coin that can increase.

The next thing that we can do is determine how much money we can use to invest. We need to split the money for the coins in our lists so we will a new lists of potential coins.

[Cryptoababe]

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.

I believe you're correct about TON and SOL, but I'm uncertain about ZRO at this time. Your mention of this coin has called my interest. You could be right about ZRO as well, and purchasing now might be considered an early investment.
Ansyways, I'm confident in SOL and TON. These cryptocurrencies have strong potential for recovery, and their blockchains are highly active.

[fikrett]

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.

I believe you're correct about TON and SOL, but I'm uncertain about ZRO at this time. Your mention of this coin has called my interest. You could be right about ZRO as well, and purchasing now might be considered an early investment.
Ansyways, I'm confident in SOL and TON. These cryptocurrencies have strong potential for recovery, and their blockchains are highly active.

I am also bullish for TON especially, I think during this bull run they will show great results.
Another coin to analyze in the future is ZETA, in my opinion. It surged greatly after the news about the fed cut and has some interesting use-cases behind it.

[tokeweed]

None of those old ones

What if this time it's different?

Maybe a different logic could be developing:

- Most things have already been invented in crypto, so the upside is lower for new products promising "the next big revolution".
- People have been scammed hard by "newer alts" since 2014 or so and lost huge amounts of money.
- No coin which was promoted to be "the next Bitcoin" has managed to catch up even with Ethereum. The single one which tried hardest (Terra/Luna with their Do Kwon cult) was the biggest failure of them all.
- More and more people realize this, and thus older, more "solid" projects begin to attract more capital also in the altcoin space. (This is not a Bitcoin maximalist post, I'm talking about coins like XMR, AVAX, LTC, MKR ...).

Don't misunderstand this post, in general I agree that it's more likely that newer coins have more upside as this was the case in several bull runs. But this hype mechanic could be changing eventually.

I agree however that it looks that alts have stabilized a bit, perhaps the bottom is in definitely for this intermediate bearish phase.

What if this time is different..?  Hmm, could be, but more often than not we've seen the newer ones get bigger gains.  And I'm not even arguing, it just is.

But yeah...  It's looking a looot better now with L1 coins going up and their memes going up more than them.  The coin to check out now is SUI.  And when an L1 is outperforming the market, it's worth looking into their ecosystems be it memes or real projects.  

Stay safe sports fans.

[Zanab247]

I will probably continue to state once again that the value of altcoins depends on the position and support of bitcoin. It is unfortunate but we have to pray for a rapid uptrend of bitcoin so that altcoins can encourage a new trend. If we really expect altcoins to recover, we need to be patient and wait for bitcoin support.

I noticed that from altcoins market, that whenever the price of BTC is moving other altcoins price will be moving too because there are some new altcoins that don't move when BTC is moving but they don't last long before they will disappear for those that will invested late to regret. That one is sure that the price of BTC will still break history before the end of the year to hit high, and it will push many altcoins to hit higher to cause their investors to accumulate more profits from their altcoins investment, and before you invest in such altcoins that will not disappoint you  in your hodling try to research about the altcoin before you invest your money.

Your prayer will not make the price of BTC to go up or down in the market, because buyers and sellers will be in the good position to determine how BTC price will go in the market, and if you are hodling BTC or altcoins just be patient with your hodling and you will get a good result in the future.

[shinratensei_]

I am also bullish for TON especially, I think during this bull run they will show great results.
Another coin to analyze in the future is ZETA, in my opinion. It surged greatly after the news about the fed cut and has some interesting use-cases behind it.

ZETA is having good pump lately but I'm starting to see pattern, it seems like coin that already dropping to rock bottom and is listed in korean exchange upbit getting good inflow of capital, maybe it's the trend in that country to buy undervalued coin.

but putting that aside, as long as the coin has good fundamental it won't hit rock bottom, AAVE is having good performance lately, probably triggerred by certain forks. regardless of bitcoin sentiment despite heavily dependant on it to amplify the rally, coin with actually good fundamental keep rallying and it seems even meme coin trend get revived as well with the presence of new meme coin like neiro on ethereum.

I won't expect alt to hit bottom as long as BTC dominance don't increase that much, the only good indicator to determine whether alt will really plummet is if BTC dominance is going up while BTC price is going down.

[wheelz1200]

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 with this take right now.  I know it's about a month and a half off of the op date but it's still in a good buying spot I feel like.  Things aren't dropping anymore amd are pretty much trading sideways for the most part which is a good sign.  Stocking up here could lead to alot of fun in 1025.  Any particular coins you are looking at, at this point?

[tokeweed]

^  Yup and the other important thing...  Get into those ones that are newer or the ones that were launched from 2022 - 2023 and onwards.  The top ones I'm waiting for rn are Monad, Berachain and Hyperliquid.  I think two out of three of those will blow the competition away.  So it's not a bad idea to have them in your make it bag...  And things like Aptos, Sui and Sei better watch out.  They're the first ones that could go down before they come after the top L1 dino coins.

I could see Monad getting in top 10 at CMC in a couple of years, maybe even before that...  Granting that everything goes well technically.  Berachain could go to top 20 while Hyperliquid could take more time before establishing itself among the top.  Dunno tho...

[Ararbermas]

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.

so you're trying to say to disregard the upcoming bull on some newer alts ?  Haha  Sorry coz bermonths is a bull season i hope you know, wherein that's the time yo accumulate because surely after that as well there's nothing wait . Hahah

And Op is right much better to pick those alts that still didn't reach there highs instead of relying on some  old coins coz it's not worth it .

[fikrett]

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.

so you're trying to say to disregard the upcoming bull on some newer alts ?  Haha  Sorry coz bermonths is a bull season i hope you know, wherein that's the time yo accumulate because surely after that as well there's nothing wait . Hahah

And Op is right much better to pick those alts that still didn't reach there highs instead of relying on some  old coins coz it's not worth it .

What about old alts?
Reliability + potential. Seems the best way out for me.