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?

[Lida93]

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?

Oh yeah, with this massive liquidation it sets the centre stage for the further plummets of many altcoins whereas a lot of people would be thinking it's an opportunity to buy and stack different altcoins in view of an altcoins bull. Altcoins season are determined by the perdo of bitcoin and it has to be triggered by a long period of an uninterrupted pull up market trend for altcoins to be largely carried along. Except we're to witness such event in the market I strongly discard any hope for an altcoins surge.

[passwordnow]

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.

I think that it is already in. Many alts have already pumped including the major ones. But we don't know if there's going to be an extension of it and everyone is much awaiting for a better pump to say that it's the altcoin season that everyone is waiting. To me, I think that the altcoin season was finally in and it's only a matter of time that we'll start seeing the huge dips again and not all of that have pumped will survive the next bear market, nobody knows.

[virasog]

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?

Apart from the liquidations and other stuff we need to have a positive sentiment in the market (for the altcoins season to start) which is no way to be found.

Although I am still positive and optimistic about the altseason as it will come because the Bitcoin dominance had to go down in order for the cycle to complete because it is not possible that the cycle end a with such high bitcoin dominance and it keep on rising. I am sure the Bitcoin dominance will reach below 50 or even 45 and that will be time when money will rotate from bitcoins to altcoins.

[danherbias07]

I highly doubt that. I don't believe in an altcoin season anymore because of the stablecoins that are available. Most liquidity will just end up in a USD-backed coin, and they won't be buying altcoins like it is in the past.
Why? Well, simply because there's risk involved when buying an altcoin, and it could fall down even if someone buys it. It doesn't always mean that a buyer could lift the market of a certain altcoin because it will still depend on the market. That doesn't happen with stablecoins.

[SOKO-DEKE]

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?

As some other members have said, don't believe everything people say or what you see online especially about crypto. Always try to do your own research, that is what will give you the right answers.From the little experience I have gained in the crypto industry, this is not how altcoins usually move. If we observe the way altcoins are moving alongside Bitcoin, it’s possible that we may not have altcoin the circle. As Bitcoin moves, many altcoins are moving in the same direction.But let’s just understand that anything is possible in the crypto industry,crypto is always unpredictable. So we should be prepared for both the good and the worst. If anyone wants to invest, they should only invest what they can afford to lose, especially in any altcoin project.

[Nheer]

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?

As some other members have said, don't believe everything people say or what you see online especially about crypto. Always try to do your own research, that is what will give you the right answers.From the little experience I have gained in the crypto industry, this is not how altcoins usually move. If we observe the way altcoins are moving alongside Bitcoin, it’s possible that we may not have altcoin the circle. As Bitcoin moves, many altcoins are moving in the same direction.But let’s just understand that anything is possible in the crypto industry,crypto is always unpredictable. So we should be prepared for both the good and the worst. If anyone wants to invest, they should only invest what they can afford to lose, especially in any altcoin project.

Most people don't understand that this cryptocurrency space is full of speculations and you can't just believe everything you hear without verifying it's authenticity. Without personal research I don't think anyone will survive this space because different people with their different speculations so if you don't make research they will end up misleading you.
Altcoins are not so easy to predict their movements can be unpredictable as they mostly try to follow Bitcoin movements but sometimes when Bitcoin is doing well they can't keep up only a few is able to. We need to be prepared for anything with altcoins. I don't think Altcoins season comes immediately after a massive liquidation. It can happen but it doesn't happen always. So don't be surprised if we see more liquidation or altcoin season.

[JeffBrad12]

Seeing TOTAL2 makes me kinda bearish with atlcoin season. There's possibility that market cap of TOTAL2 could sink from 1,45T to 1,25T again since we've touched that area recently when the crash happened.
I think people are getting scared as well as shown from the recent series of dumps following the big liquidation. Honestly the chance just got slimmer these days around.