Is this the start of altcoin season

[JangoUnchained]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

[Ojima-ojo]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

Trade with caution and never believe in what is being said in the past, event and current situations affects cryptocurrency market so cycle some times don't repeat itself and for that reason we may not see a bull market for the altcoins just because the market experience a huge decline.

Altcoins will mostly have to rely on Bitcoin to make it market movement and for that to happen we have to focus more attention on Bitcoin and other major leading coins in the market to speculate what can possibly be the altcoins conditions for this season.

[Kavelj22]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

I am sorry to tell you that it's maybe not the perfect time to estimate this. Altcoin season was always a following for bitcoin season. As we can see today there is a decline season for bitcoin. So this can't be the alt season, or if your plan is to buy dip from the decline season and wait for market to recover.

[passwordnow]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

We surged and now recovering. The altcoin season was already there and you should stop looking for it because it has already come.

if your plan is to buy dip from the decline season and wait for market to recover.

Many of them are likely to catch the falling knives. Whether they think it's the altcoin season or not, they won't look for those opportunities to buy during the dip or market correction. They want to make sure that they're in for the lowest that they can be which is unlikely to happen. Because there could be lower prices to come and more declines to happen.

[pooya87]

This is the first time I'm hearing this and it doesn't sound logical either. If there is a massive liquidation, it should be more of a signal for a bear season not a pumping season. The only indication that I'm aware of regarding the altcoins season is when bitcoin starts a long and big bull market like 2017 which brings in a lot of "fresh money" that can then enter the altcoin market as well contributing to its pumps. We are not there yet with bitcoin...

[hocuspocus]

Every dip has a great opportunity to buy. Altcoins slander can be a buy the dip opportunity. When everybody buys and after some days we call that an altcoin rally. Older altcoins like LTC, XMR and Pi coin moves faster. Mostly, Octobers are super bearish and November is bullish. Bitcoin dictates the movement of most coins. Few transverse according to its users. Buying and selling pattern tells that if most altcoins delay its rally then we have an extended altcoin season.

[Sally9256]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

You can't always believe that every liquidation will lead to altcoin season. No one can predict the market perfectly and if this is true every investor and traders would make use of this information and get the best out of cryptocurrency so you just have to be careful with how you deal with information on this space. See this this liquidation as opportunity to buy and wait patiently for the market to recover and maybe we will see the altcoin season too. I believe it is tagged to Bitcoin performance.

[hugeblack]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

This liquidation must be preceded by a significant increase in the price of Bitcoin, which has not happened yet.

[Royal Cap]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

This is an old saying. Large liquidations actually remove weak hands from the market which often makes the subsequent movement more stable. But the problem is that the altseason does not always follow this event. Sometimes Bitcoin alone pulls liquidity from the market and the alts fall even lower.

It may possible but it takes some patience to understand whether this is the beginning of the altseason or another fake rally.

[Sim_card]

You should know that it's not many of the altcoins that will survive this drastic dip and bounce back, some will dump and keep dumping. This is why it cannot be the altcoin season after the crash. Bitcoin needs to bounce and create a new ATH for altcoins to pump too. Currently, bitcoin is still in dominance making it impossible for altseason to prevail.

[gunhell16]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

I really hope that altcoin season that has long been awaited by those who hold other altcoin assets including myself will finally begin, so we can finally experience a real profit.

But of course, we also have to be sure about the assets we are holding so that the time we spend waiting isn't wasted,
especially if we are planning to be long-term holders of these assets, right?

[Kavelj22]

if your plan is to buy dip from the decline season and wait for market to recover.

Many of them are likely to catch the falling knives. Whether they think it's the altcoin season or not, they won't look for those opportunities to buy during the dip or market correction. They want to make sure that they're in for the lowest that they can be which is unlikely to happen. Because there could be lower prices to come and more declines to happen.

I believe that every dip season is a great opportunity to fill the bags with more assets. But at the same time i can't believe that every dump season would lead to an altcoin season. Nobody can expect this in exact, and it would always remain risky move to buy more than what you can afford to lose, so better to keep buying from major altcoins.

I would consider the actual dip as an opportunity to buy more altcoins, waiting for market to recover. However i am not sure about when coming the altcoin season exactly because it's always related to bitcoin condition.

[Balmain]

There is always a saying in crypto space that when there is a massive liquidation event in the market that's when altcoin season will start, now that it has happened are we finally going to start surging?

Even if it's a major liquidation, the general expectation is always a rise and rally in crypto. This doesn't mean it will always be the same cyclical pattern. I know this after this liquidation, many people are hopeful. I'm still a bit hesitant about the anticipated big bull run. I know it's coming, but will it come with a bang or will it stall? That's my real question. Right now, altcoins are still at very low prices, I think they need to rise now, how much lower can they go?