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Author Topic: Altcoin Will Have A Bull Market  (Read 12523 times)

Offline DearMary

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Altcoin Will Have A Bull Market
« on: June 11, 2024, 09:15:40 AM »
DWF Labs partner Andrei Grachev tweeted that Bitcoin price cannot rise 50 times, while altcoins can. If Bitcoin's price remains stable, he expects a bull market in a few months.

Bitcoin's relatively stable price acts as a market anchor, but the performance of altcoins is often more unpredictable.  Grachev's expectation of a bull market wave hinges on Bitcoin maintaining its stability, providing a foundation for increased speculative investments in altcoins.

Let's wait and see.

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Altcoin Will Have A Bull Market
« on: June 11, 2024, 09:15:40 AM »

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Re: Altcoin Will Have A Bull Market
« Reply #1 on: June 11, 2024, 12:37:29 PM »
This is nothing but a reflection of the volatility of altcoins which are more volatile compared to Bitcoin. We have seen several times that Bitcoin failed to penetrate the $71k level, but there are still many who believe there will be a bullrun to above $100k in the post-halving period this time. Then for altcoins??? It is clear that there will be something called ALTSEASON which will green all altcoin assets up to a very fantastic %. Looking at BTCDOM currently, I still rely on past data, where ALTSEASON will appear when BTCDOM experiences a drastic drop

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Re: Altcoin Will Have A Bull Market
« Reply #1 on: June 11, 2024, 12:37:29 PM »

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Re: Altcoin Will Have A Bull Market
« Reply #2 on: June 11, 2024, 07:12:31 PM »
The only thing that plays on everyone's mind right now is when exactly is the Altcoin season will come and yeah no one really knows that and do you really think what had happened before will repeat itself this time? If that so then I think it's time to hoard promising Altcoins right now so we will get the best result if things will turn on our favor.

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Re: Altcoin Will Have A Bull Market
« Reply #3 on: June 11, 2024, 07:23:56 PM »
DWF Labs partner Andrei Grachev tweeted that Bitcoin price cannot rise 50 times, while altcoins can. If Bitcoin's price remains stable, he expects a bull market in a few months.

Bitcoin's relatively stable price acts as a market anchor, but the performance of altcoins is often more unpredictable.  Grachev's expectation of a bull market wave hinges on Bitcoin maintaining its stability, providing a foundation for increased speculative investments in altcoins.

Let's wait and see.

He is right about that but he never can tell, Bitcoin has done the impossible and it has the potential to recreate the same thing over and over again. Altcoins on the other hand can rise as much as possible but who knows the ones that will perform well? That's the question but I know for a fact that Ethereum will be the first to achieved anything other altcoins can do.

There will be more on new altcoins to come to the crypto market as we get new products in the crypto market, new bull run brings new ideas and new money into the Bitcoin market, jwe just have to be optimistic about the crypto market.
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Re: Altcoin Will Have A Bull Market
« Reply #4 on: June 11, 2024, 08:02:37 PM »
Maybe this is true, because looking at the price of bitcoin, it can be said that it is currently very high.  Meanwhile, crypto investors or traders also see that several Altcoins have good potential with current prices being cheaper, and market demand for Altcoins will be higher. This will trigger a more aggressive increase in Altcoins compared to Bitcoin, but all of that is still a prediction. Sometimes someone is also braver in buying Bitcoin compared to buying Altcoins.

Offline electronicash

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Re: Altcoin Will Have A Bull Market
« Reply #5 on: June 11, 2024, 09:39:39 PM »

how is bitcoin price considered stable?  the price just took a dive to $66k today.

the bull run is coming. people expects it to come after halving, it should come.
we are just unsure yet when exactly. so many are trying to influence the mass with new memecoins though which is a good indication that more people are getting aware of crypto but something is not right because most of what we see today in social media are memecoins and some fan tokens like $KANE in SOL.

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Re: Altcoin Will Have A Bull Market
« Reply #6 on: June 11, 2024, 09:54:10 PM »
This isn't going to be really a questionable thing, it WILL happen, but it is not going to be as calm as bitcoin bull. Why? Because during the bull run of bitcoin there is nothing complicated, bitcoin just goes up and that's it. What happens during altcoin bullrun? Plenty of scams, rug pulls, exits, crashes and many more that happens within the altcoin market. You need to remember, while there are some great ones, there are also hundred times more terrible ones that goes with it. This is why altcoin bull run is something that should be very careful and not really taken that seriously, its not that profitable at all.

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Re: Altcoin Will Have A Bull Market
« Reply #6 on: June 11, 2024, 09:54:10 PM »


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Re: Altcoin Will Have A Bull Market
« Reply #7 on: June 11, 2024, 11:52:58 PM »
DWF Labs partner Andrei Grachev tweeted that Bitcoin price cannot rise 50 times, while altcoins can. If Bitcoin's price remains stable, he expects a bull market in a few months.

Bitcoin's relatively stable price acts as a market anchor, but the performance of altcoins is often more unpredictable.  Grachev's expectation of a bull market wave hinges on Bitcoin maintaining its stability, providing a foundation for increased speculative investments in altcoins.

Let's wait and see.
Is he saying BTC can't rise 50x in this bull run or overall? If he is saying BTC can't rise 50x in this bull run while ALTs can then it's the most dumbest comparison I have ever seen. I mean ALTs are obviously more volatile than BTC and they can even give you 100x. 50x is a small number for ALTs. Although finding such alts is so rare as you have to take part in the pre-sales or private-sale to get such alts.

Till now I did not find a single alt that could make me more than 10x. Well, I think till now I was not able to make 5x even from an alt coin. Overall, I will say in the current market BTC can't even give us 2x so 50x is a quite a far target.
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Re: Altcoin Will Have A Bull Market
« Reply #8 on: June 12, 2024, 11:58:22 AM »

Not all altcoins, but some altcoins that have a low market capacity and increasing demand.


In short, it is the simple rule, of supply, demand, and price. If the currency has a limited supply or is burned and there is even a slight demand for it, the price will move strongly, whether upward. Or down, while it would take billions of dollars to make the same change in Bitcoin.


In short, all cryptocurrencies are a high-risk investment, Bitcoin is safer and more profitable in the long term. Some altcoins are good, but the possibility of achieving losses is high.
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Offline Rubel007

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Re: Altcoin Will Have A Bull Market
« Reply #9 on: June 12, 2024, 01:54:27 PM »
Maybe this is true, because looking at the price of bitcoin, it can be said that it is currently very high.  Meanwhile, crypto investors or traders also see that several Altcoins have good potential with current prices being cheaper, and market demand for Altcoins will be higher. This will trigger a more aggressive increase in Altcoins compared to Bitcoin, but all of that is still a prediction. Sometimes someone is also braver in buying Bitcoin compared to buying Altcoins.
Bitcoin can give good returns if one buy from the dip but investing in Bitcoin as per the current conditions is less likely to get good returns. There are many investors who see Bitcoin's price correction as an opportunity. During this time, the price of many altcoins will decrease significantly and if one invest during this time, there is a possibility of making a large profit. Moreover, Bitcoin does not increase as fast as altcoins can. It is not unreasonable to try to increase your profit in a quick period and for this it is definitely profitable to invest in altcoins.

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Re: Altcoin Will Have A Bull Market
« Reply #10 on: June 12, 2024, 06:06:17 PM »
DWF Labs partner Andrei Grachev tweeted that Bitcoin price cannot rise 50 times, while altcoins can. If Bitcoin's price remains stable, he expects a bull market in a few months.

Bitcoin's relatively stable price acts as a market anchor, but the performance of altcoins is often more unpredictable.  Grachev's expectation of a bull market wave hinges on Bitcoin maintaining its stability, providing a foundation for increased speculative investments in altcoins.

Let's wait and see.
We have to be specific about which altcoins will have a bull market because not all altcoins are created equal. Investors will not be deceived into buying just any altcoin, and every altcoin behaves differently.
Some altcoins will have 100 times or even higher pumps, but not all altcoins will have the potential. Many altcoins will still go down the drain, and many investors will still lose a lot of money from altcoins.
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Offline bounceback

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Re: Altcoin Will Have A Bull Market
« Reply #11 on: June 12, 2024, 06:41:44 PM »
During bitcoin still get more dominance in market seems difficult with altcoin season coming, recently bitcoin break out to higher price after crashing yesterday but can't give significant impact make altcoin reach higher price. 
Bullrun moment for altcoin seems need more longer time have to wait since bitcoin reach ATH but altcoin can't bring positive impact make highest price such as significant movement from bitcoin.
Many investor make bitcoin as their primary investing right now during still not coming altcoin season moment, its difficult to earn much profitable when trading or investing in altcoin because investor make their investment in bitcoin only.

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Re: Altcoin Will Have A Bull Market
« Reply #12 on: June 12, 2024, 06:48:56 PM »
Although he is right about this, he can never say that bitcoin has done the impossible, but you will see such prices from bitcoin again and again. On the other hand, altcoins can rise at any time and this possibility is seen only when the price of bitcoin is always rising. Besides there will be various trends for new altcoins to come into the crypto market and there will be a great deal of investment there. A bull run in the crypto market will bring new ideas and a lot of investors, but you have to take everything very seriously. If you invest with such excitement the risk will be high so you should check again and again before investing.

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Re: Altcoin Will Have A Bull Market
« Reply #13 on: June 12, 2024, 07:13:02 PM »
Bitcoin will likely turn into consolidation state when the alt season begins. This what really happened before, Bitcoin is the only good currency that didn't pump that time. People are waiting for that to happen this year since the halving. And I think it's just around the corner. If you see the chart of altcoins you will see that they are trying to signal us that the real bull run will likely to occur, maybe it went up because of Bitcoin. But no matter of the two, alt season or the bull season, it all affect positively to the price of alts.

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Re: Altcoin Will Have A Bull Market
« Reply #14 on: June 13, 2024, 09:32:01 AM »
DWF Labs partner Andrei Grachev tweeted that Bitcoin price cannot rise 50 times, while altcoins can. If Bitcoin's price remains stable, he expects a bull market in a few months.
~
Based on history, and its current price, Bitcoin can't rise 50 times in a single bull run anymore, but altcoins can do it. The question is, which altcoins will make that kind of a rise? During the last bull run, I can remember AXS (Axie Infinity) token went up to as high as $120 during the bull run and went up I think more than 30x at least.

As for altcoins having a bull market, it will a few months after Bitcoin started its huge price increase. We know that the price movement of altcoins depends on Bitcoin, and I believe that the movement of altcoins compared to Bitcoin is a bit laggy hence, I expect altcoins to enter the bull run a few months after Bitcoin.

 

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