Thoughts on potential altseason?

[BALIK]

As long as Bitcoin still has room to run and the bull market's alive, altseason will come. But imo we should stop expecting the kind of altss we used to know, where everything pumps together and you could make money just by picking some random alt . Those days are gone . From here on , only alts with real potential will see meaningful gains. You gotta do your homework before picking any.

You must remember that we have no altcoin season in the previous cycle. Although Bitcoin could increase quite high, we failed to have altcoin season. So, it can't guarantee anything, the altcoin season is hard to predict. Yep, we can't expect for the same scheme happening in each bullrun season. We have some changes in crypto market, so it won't happen 100% the same as in the past.

SOL  ran up around 30x from the bottom ,  INJ did 50x, and OM went up hundreds of times, while memecoins like PEPE, PENGU and POPCAT also pulled off gains of hundreds or even thousands of times in 2024.

So saying altseason never came isn't really accurate . It did come, just not the kind of altseason we used to know, like I said before .  Money flowed into  alts with real potential and specific narratives  ,  rather than lifting  the entire alt market like before .

Altcoins are always very speculative because it has high volatility and the tend in altcoins can change easily. Sure, it isn't a wise decision to put most of our funds in altcoins because it is not a safe choice for a long term holding. Bitcoin should be the safest choice for a long term holding. Anyway, I don't think it is quite similar as gambling if we choose top altcoins. It is just riskier than holding Bitcoin.

Yep, I might've gone a bit too far there. Investing in top coins with real potential like ETH, SOL, BNB isn't gambling.

[Doll2233]

For those looking to invest in alts , this could be a good time to get in, since most of them are still way below their ATH.

But should we buy them just to wait for altss ?  Tbh , I wouldn't.  There is no guarantee altss is even coming.  Instead, look for alts that are still being actively developed,  have real products or use cases...Don't just buy a coin because it's down big  and expect it to bounce back when altseason comes around .

The days of picking random coins and making a killing are probably behind us. Market has changed, and you gotta be a lot more selective these  days.

Due to many factors that are badly hurting the altcoin market, it's never been recommended to invest in them because things have never been favorable. It's all dead; just a few top coins are having some chances of survival and staying on a good level; mostly others are just crap because there is nothing new happening and people are doing tricks for having money from investors' pockets.  A few top coins like Ethereum, Solana, and BNB are always giving some good response because they have good teams behind them and also have good potential to survive; others are living on the edge, with any time they can collapse and then have no way of coming back into life. If something unique and good happens, then surely this market will be back in good shape; otherwise, investing here means losing money at the start.

[Odusko]

For those looking to invest in alts , this could be a good time to get in, since most of them are still way below their ATH.

But should we buy them just to wait for altss ?  Tbh , I wouldn't.  There is no guarantee altss is even coming.  Instead, look for alts that are still being actively developed,  have real products or use cases...Don't just buy a coin because it's down big  and expect it to bounce back when altseason comes around .

The days of picking random coins and making a killing are probably behind us. Market has changed, and you gotta be a lot more selective these  days.

Due to many factors that are badly hurting the altcoin market, it's never been recommended to invest in them because things have never been favorable. It's all dead; just a few top coins are having some chances of survival and staying on a good level; mostly others are just crap because there is nothing new happening and people are doing tricks for having money from investors' pockets.  A few top coins like Ethereum, Solana, and BNB are always giving some good response because they have good teams behind them and also have good potential to survive; others are living on the edge, with any time they can collapse and then have no way of coming back into life. If something unique and good happens, then surely this market will be back in good shape; otherwise, investing here means losing money at the start.

Not an entirely bad decision to invest in altcoins, at least we still have some altcoins that their market Cap and value have increased despite all the bad market around most of the altcoins, what we can warn against is memecoins in particular those are just pour gambling because the risk volitility and the uncertainty of their market make it impossible rightly pick the one that can give you the right potential as investments that is long term desired to hold.