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Author Topic: Signs for the Alt Season?  (Read 1349 times)

Online TomPluz

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Signs for the Alt Season?
« on: May 11, 2021, 06:33:01 AM »


What are the biggest signs that we are now in season for alts? There can be many but for me...it would be seeing many big platforms aside from Bitcoin that are taking the lead and the center stage. We know that with this on the background, the BTC dominance is falling - though we should not worry on Bitcoin as it will remain to be the untouched King of Crypto.

We are now seeing Ethereum making from one pump into the next and maybe we can soon see it getting into the $10K level...if there will be no dramatic factor that can cut its climb -- all of these despite its high fees and perennial scalability issues and the continuing growth of Binance Smart Chain.

Another factor is the rise of many meme coins...with most of them lacking credible use-cases and are just making to the moon on the basis of hypes and manifestation of greed. Will this be the Achilles' hell of this altseason bull run? Only time can tell.

Sadly, most of the coins and tokens I am supporting and hodling seem to be "immune" to the rise of the alts and decided to continue sleeping...or is it just me experiencing some personal jinx?




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Signs for the Alt Season?
« on: May 11, 2021, 06:33:01 AM »

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Offline monig18

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Re: Signs for the Alt Season?
« Reply #1 on: May 11, 2021, 06:44:03 AM »
According to past history ETH always leads this bull season. And now Eth is creating more and more ATH every day.Now it has crossed 4k.In Btc term it is still have to touch ATH. Behind ETH All other coins will follow it and will Rise soon.

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Re: Signs for the Alt Season?
« Reply #2 on: May 11, 2021, 07:16:25 AM »
I think the biggest sign to an upcoming Alt Season is the plummeting of Bitcoin's Dominance (as you stated). And Ethereum as well, If Bitcoin's doesnt do well in the market, Ethereum will and other high cap altcoins will follow too, then other mid cap and low cap will soon follow and everything will surge except Bitcoin. That's what I imagined.
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Re: Signs for the Alt Season?
« Reply #3 on: May 11, 2021, 08:48:32 AM »


What are the biggest signs that we are now in season for alts? There can be many but for me...it would be seeing many big platforms aside from Bitcoin that are taking the lead and the center stage. We know that with this on the background, the BTC dominance is falling - though we should not worry on Bitcoin as it will remain to be the untouched King of Crypto.

We are now seeing Ethereum making from one pump into the next and maybe we can soon see it getting into the $10K level...if there will be no dramatic factor that can cut its climb -- all of these despite its high fees and perennial scalability issues and the continuing growth of Binance Smart Chain.

Another factor is the rise of many meme coins...with most of them lacking credible use-cases and are just making to the moon on the basis of hypes and manifestation of greed. Will this be the Achilles' hell of this altseason bull run? Only time can tell.

Sadly, most of the coins and tokens I am supporting and hodling seem to be "immune" to the rise of the alts and decided to continue sleeping...or is it just me experiencing some personal jinx?

What is Alcoin season anyway?
By definition if 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season.
So we have been in one since March, but we also had one in August 2020 but nobody noticed.
In addition the 2 charts:







Presented charts can be found here: https://www.blockchaincenter.net/altcoin-season-index/


Why don't your coins perform just as well?
As far as I remember, you also bought BNB. With BTC, ETH, BNB would be a good long-term investment, which the top 10 table shows again and again
Not all coins can go up that much because not all of them are worth it.
Most fundamental data and use cases are missing. But some coins are still valued very highly at the time because they belong to a trend. We have 3 trends in the last 12 months, according to my research. First came DEFI, then NFT and everything that goes with it, and now it's MEME's turn.
When the trend is over and the crash that has to come anyway, these long-term coins will remain, and they will continue to dominate the market in the future.
They will then rise first.


This talk about Bitcoin dominance is only superficial talk, something that can be proven by historical charts. But that doesn't mean that Bitcoin has to fall in order for Altcoins to grow.
Without a strong Bitcoin, there will never be another Altcoin season.
« Last Edit: May 11, 2021, 08:53:22 AM by Ferki »

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Re: Signs for the Alt Season?
« Reply #4 on: May 11, 2021, 08:58:41 AM »
If we pay attention a simple look at Ethereum’s rise in price versus Bitcoin is a clear indicator of alt season, alongside great gains on other altcoins of a wide variety. The growth of Ethereum could signify growth in the decentralized finance (DeFi) ecosystem.

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Re: Signs for the Alt Season?
« Reply #5 on: May 11, 2021, 09:54:42 AM »
Yes, Bitcoin is the king of all coins. The market almost consolidates in the last 2 weeks. In the present market altcoins like Doge and Shiba is moving they are moving just because of hype created in the market otherwise when these both will drop many investors will lose huge money even I don't see any potential in these coins on the other hand most of the altcoins are struggling to rise even they moved little in the past month but now from several days they are dropping very slowly or we can say running sideways but I am hopeful they will rise back again in the coming time provided we all need to trust on our holdings. The sign of altcoins season starts when most of the altcoins will start moving up.

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Re: Signs for the Alt Season?
« Reply #6 on: May 11, 2021, 11:50:35 AM »
I think that if Bitcoin is not doing well in the market and the price is dropping and even falling, that's the biggest sign it's time for the Altcoins Season. Ethereum will rise and take the lead and followed by all other Altcoins will soar. Hopefully this will happen soon.
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Re: Signs for the Alt Season?
« Reply #6 on: May 11, 2021, 11:50:35 AM »


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Re: Signs for the Alt Season?
« Reply #7 on: May 11, 2021, 01:56:02 PM »
I think that if Bitcoin is not doing well in the market and the price is dropping and even falling, that's the biggest sign it's time for the Altcoins Season. Ethereum will rise and take the lead and followed by all other Altcoins will soar. Hopefully this will happen soon.
It looks like it's not just starting to happen, but it is already clear that the alt season has started as it can be seen that many altcoins have reached their renewable ATH. many new projects with surprises too, that the coin can get the best ranking because it is indeed successful in sales, so that it is the target of investors.

with bitcoin not doing very fast movements both down and up or the term can be quite stable, then it is certain that the opportunity for altcoins to move up. only ethereum is not affected by the movement of bitcoin and continues to move up, while other altcoins still cannot move up if bitcoin is also moving quickly and is not in a stable situation.
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Re: Signs for the Alt Season?
« Reply #8 on: May 11, 2021, 02:18:37 PM »
IMHO, I believe that the altcoin season already began in the Last quarter of 2020, and today's monumental growth is only part of the continuation process, while the altcoin season sign begins when the market is showing unusual movement particularly in altcoins and continuously increase in price and volume which is already happening since last quarter of 2020 particularly in December.   

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Re: Signs for the Alt Season?
« Reply #9 on: May 11, 2021, 03:37:20 PM »
I think that if Bitcoin is not doing well in the market and the price is dropping and even falling, that's the biggest sign it's time for the Altcoins Season. Ethereum will rise and take the lead and followed by all other Altcoins will soar. Hopefully this will happen soon.

Yes, I see. Bitcoin is struggling  and Ethereum is leading the altcoins season. I agree with OP I think It's the signs of altcoins season. We will see several coin pump and we can invest on them.
Buy more now when the price is still low and hold it. I think It will continue until the end of this year, even though we will see several corrections.

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Re: Signs for the Alt Season?
« Reply #10 on: May 11, 2021, 03:44:08 PM »
The growth should continue and you need to have time to buy a couple more projects at very good prices to get a couple of dozen x's. This growth of the market will be difficult to stop and it is necessary to act on this good note.
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Re: Signs for the Alt Season?
« Reply #11 on: May 11, 2021, 04:52:51 PM »
I think that if Bitcoin is not doing well in the market and the price is dropping and even falling, that's the biggest sign it's time for the Altcoins Season. Ethereum will rise and take the lead and followed by all other Altcoins will soar. Hopefully this will happen soon.

Yes, I see. Bitcoin is struggling  and Ethereum is leading the altcoins season. I agree with OP I think It's the signs of altcoins season. We will see several coin pump and we can invest on them.
Buy more now when the price is still low and hold it. I think It will continue until the end of this year, even though we will see several corrections.



Where do you see an entry opportunity, which coin has a low price right now so that you could get in there? We're talking about the top 100.
I would be very grateful if you could show me and explain it to me.

Offline Ferki

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Re: Signs for the Alt Season?
« Reply #12 on: May 11, 2021, 04:55:01 PM »
The growth should continue and you need to have time to buy a couple more projects at very good prices to get a couple of dozen x's. This growth of the market will be difficult to stop and it is necessary to act on this good note.


What do you think you could still get out of top 100 coins? What percentage is still there?

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Re: Signs for the Alt Season?
« Reply #13 on: May 11, 2021, 06:19:15 PM »
Altcoin season in my opinion is marked by the number of Altcoins whose prices have increased sharply and reached new ATH at that time.  And this we can see that the price of ETH and other Altcoins such as BCH has been able to reach record highs. This is what I think the Altcoin season is saying, and this season altcoin holders have made huge profits.
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Offline Hope4life

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Re: Signs for the Alt Season?
« Reply #14 on: May 11, 2021, 06:45:15 PM »
we can predict the altseason based on trade history of previous years, I think this year has a strong sign for this event. The most obvious thing is the decline in BTC dominance and the increase in ethereum prices and the will cause the Big Caps coin to move. When it's happen, prices gonna hike crazy.

 

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