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Author Topic: When ALTS are struggling while Bitcoin is shining  (Read 4213 times)

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #60 on: November 22, 2024, 01:44:02 PM »
~
Investing in Crypto we should have a mature knowledge and plan in order to get maximum profit. Because investing in Crypto we must buy at the right time and sell it when our target is met. I think long -term hold is a good choice for those who have free funds and busyness in the real world.
And we must really understand market conditions, if the market is experiencing correction we can make the purchase of coins that we have observed and analyzes beforehand.
Joining the crypto community is also very important, because that way we will have a lot of connections and information about crypto.
So that we know the development of cryptocurrency in full, this can also help us to make decisions.
For example, determining when to buy and when to sell, but we must also try to always monitor the price of the coins we hold in the market.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #60 on: November 22, 2024, 01:44:02 PM »

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #61 on: November 22, 2024, 02:16:30 PM »
~
Investing in Crypto we should have a mature knowledge and plan in order to get maximum profit. Because investing in Crypto we must buy at the right time and sell it when our target is met. I think long -term hold is a good choice for those who have free funds and busyness in the real world.
And we must really understand market conditions, if the market is experiencing correction we can make the purchase of coins that we have observed and analyzes beforehand.
Joining the crypto community is also very important, because that way we will have a lot of connections and information about crypto.
So that we know the development of cryptocurrency in full, this can also help us to make decisions.
For example, determining when to buy and when to sell, but we must also try to always monitor the price of the coins we hold in the market.
I agree with you joining the crypto community will be very good because we can share knowledge and experience. We will read the latest news updates and hear signals from friends who share with us.
Choose a community that can help each other in sharing their knowledge and experience, do not be friends with those who like to cheat. because a good friend is a friend to be able to share knowledge.
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Re: When ALTS are struggling while Bitcoin is shining
« Reply #61 on: November 22, 2024, 02:16:30 PM »

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #62 on: November 22, 2024, 06:11:51 PM »
I am also agree with your comment. Because we can see that bitcoin price is increase gradually in cryptocurrency market. We also believe that after in few years bitcoin price will hit on $100k. Then we must be saw altcoin price is increase automatic. Because we know that bitcoin is one the best valuable crypto in cryptocurrency world. It also the king of cryptocurrency world. So when bitcoin price will be high then all crypto currency level will be high of this time.
Few years?Bitcoin hitting 100k in few years?Lol
With how the market been looking of recent, bitcoin's likely to hit 100k before january prbably.The market has been really favpirable for a long while now.
Anyways,this serves as a benefit not only to altcoins but other crypto's at large.
We'd prolly see the altcpin market gaining imvestors at this moment because with the way the bitcoin market is moving now,it just keeps getting more mind blowing and wpnderful.
We hope to expect more of these favourable days in the bitcoin market.
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Re: When ALTS are struggling while Bitcoin is shining
« Reply #63 on: November 22, 2024, 06:22:30 PM »
Based on how I understand it, it's simply most of the investors right now are focusing more on Bitcoin that's why we are seeing a huge spike in the price of it, and when the time comes where investors already feel that it might reached its peak then they will sell their Bitcoins and then divert their focus into altcoins hence, the altcoin season starts. I don't know if this is the case during the bull run, but we are seeing it currently.

Except that this run is mainly because people say Bitcoin will become a reserve currency and that more and more investors from the retail sector are buying as a reserve, so it would imply no cashing out and nod rop, so no money that will be taken out of the bitcoin gains and redirected to take advantage of at gains. Or at least that's what some are speculating about, if this would some true then it means no more separate seasons

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #64 on: November 22, 2024, 08:17:06 PM »
Do you agree with this assessment or do you have your own explanation for this dilemma?

I have heard or come across what is happening like this now in the market even before the bull run began. So it isn’t a thing of a big surprise for me to see bitcoin making a lot of waves in the market and altcoins are not following in the same footstep as it does. I once heard of altcoin season and that period signifies the time bitcoin stops to gain the total dominance in the market and that time are when investors begin to move their funds out of bitcoin and investing in altcoins. I think this is the period we are in now and until bitcoin dominance comes to an end, we won’t witness a very significant growth in other cryptocurrencies now like bitcoin does now.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #65 on: November 22, 2024, 09:04:31 PM »
Joining the crypto community is also very important, because that way we will have a lot of connections and information about crypto.
So that we know the development of cryptocurrency in full, this can also help us to make decisions.
For example, determining when to buy and when to sell, but we must also try to always monitor the price of the coins we hold in the market.
It is good if you join crypto community. You may get updated information and you may discuss about crypto there. However, I suggest you should have your own analysis or research. Don't fully trust everything in the crypto community. Not every person can be trusted, some of them may make careless statement or untrusted information. So, before making any decision, you need to ensure to make your own analysis/research!!

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #66 on: November 24, 2024, 12:47:44 PM »
Do you agree with this assessment or do you have your own explanation for this dilemma?

I have heard or come across what is happening like this now in the market even before the bull run began. So it isn’t a thing of a big surprise for me to see bitcoin making a lot of waves in the market and altcoins are not following in the same footstep as it does. I once heard of altcoin season and that period signifies the time bitcoin stops to gain the total dominance in the market and that time are when investors begin to move their funds out of bitcoin and investing in altcoins. I think this is the period we are in now and until bitcoin dominance comes to an end, we won’t witness a very significant growth in other cryptocurrencies now like bitcoin does now.
Like investor funds have not shifted to altcoins because they are still focused on bitcoin after Trump won the US presidential election. and we should wait until there is a shift from bitcoin to altcoins. based on the analysis of many people, the shift will occur next year.
so I see my friends are also still waiting and holding their altcoins.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #66 on: November 24, 2024, 12:47:44 PM »


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Re: When ALTS are struggling while Bitcoin is shining
« Reply #67 on: November 24, 2024, 04:10:29 PM »
Joining the crypto community is also very important, because that way we will have a lot of connections and information about crypto.
So that we know the development of cryptocurrency in full, this can also help us to make decisions.
For example, determining when to buy and when to sell, but we must also try to always monitor the price of the coins we hold in the market.
It is good if you join crypto community. You may get updated information and you may discuss about crypto there. However, I suggest you should have your own analysis or research. Don't fully trust everything in the crypto community. Not every person can be trusted, some of them may make careless statement or untrusted information. So, before making any decision, you need to ensure to make your own analysis/research!!
For me, the community in Cryptocurreny is very important, because of course we can communicate with each other and ask each other. Indeed, sometimes not everything we get from the community will benefit us, but it is certainly better if we work alone.
I have felt this, and this is my personal experience. Because certainly as a part-time worker here, it is impossible for me to always be able to access the latest news from crypto, and this is where the importance of a community in crypto lies.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #68 on: November 27, 2024, 03:03:06 PM »
Joining the crypto community is also very important, because that way we will have a lot of connections and information about crypto.
So that we know the development of cryptocurrency in full, this can also help us to make decisions.
For example, determining when to buy and when to sell, but we must also try to always monitor the price of the coins we hold in the market.
It is good if you join crypto community. You may get updated information and you may discuss about crypto there. However, I suggest you should have your own analysis or research. Don't fully trust everything in the crypto community. Not every person can be trusted, some of them may make careless statement or untrusted information. So, before making any decision, you need to ensure to make your own analysis/research!!
For me, the community in Cryptocurreny is very important, because of course we can communicate with each other and ask each other. Indeed, sometimes not everything we get from the community will benefit us, but it is certainly better if we work alone.
I have felt this, and this is my personal experience. Because certainly as a part-time worker here, it is impossible for me to always be able to access the latest news from crypto, and this is where the importance of a community in crypto lies.
I agree, the community in crypto currency is very useful for us especially if we are busy in the real world so that we don't have time to read the latest news. By seeing what our friends share in the community, we can gain knowledge and share experiences there, because that's what we should build in our crypto community. We can share with each other and if we don't understand, we can ask our friends in the crypto community, currently I am more focused on this forum and my telegram community.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #69 on: November 28, 2024, 02:02:32 AM »
Joining the crypto community is also very important, because that way we will have a lot of connections and information about crypto.
So that we know the development of cryptocurrency in full, this can also help us to make decisions.
For example, determining when to buy and when to sell, but we must also try to always monitor the price of the coins we hold in the market.
It is good if you join crypto community. You may get updated information and you may discuss about crypto there. However, I suggest you should have your own analysis or research. Don't fully trust everything in the crypto community. Not every person can be trusted, some of them may make careless statement or untrusted information. So, before making any decision, you need to ensure to make your own analysis/research!!
For me, the community in Cryptocurreny is very important, because of course we can communicate with each other and ask each other. Indeed, sometimes not everything we get from the community will benefit us, but it is certainly better if we work alone.
I have felt this, and this is my personal experience. Because certainly as a part-time worker here, it is impossible for me to always be able to access the latest news from crypto, and this is where the importance of a community in crypto lies.
Because sometimes it is our own limitation to being able to fully know everything about crypto, and I agree that the community is very important to follow because sometimes in it there can be answers that we need, even though not everything can be presented, and we can get it, but at least there is a place to be able to find out what we need and ask if needed.
but maybe almost all users of the community certainly take advantage of what is there, but it is true that it would be better if we could understand it ourselves.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #70 on: November 28, 2024, 09:01:32 AM »
I have heard or come across what is happening like this now in the market even before the bull run began. So it isn’t a thing of a big surprise for me to see bitcoin making a lot of waves in the market and altcoins are not following in the same footstep as it does. I once heard of altcoin season and that period signifies the time bitcoin stops to gain the total dominance in the market and that time are when investors begin to move their funds out of bitcoin and investing in altcoins. I think this is the period we are in now and until bitcoin dominance comes to an end, we won’t witness a very significant growth in other cryptocurrencies now like bitcoin does now.
I also think this is happening and BTC continues to attract the influx of funds into this market, while memecoins also attract the remaining funds, causing most altcoins to be unable to recover or grow as expected by investors.

In the near future, when BTC.D stops increasing and BTC price goes sideways, altcoins will receive more money because investors will soon get bored with BTC's "stagnation" above 100K or 150K. At that time, we will talk together about altseason or the 50% - 100% daily price increase of many tokens :)

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #71 on: November 29, 2024, 06:33:39 PM »
Because sometimes it is our own limitation to being able to fully know everything about crypto, and I agree that the community is very important to follow because sometimes in it there can be answers that we need, even though not everything can be presented, and we can get it, but at least there is a place to be able to find out what we need and ask if needed.
but maybe almost all users of the community certainly take advantage of what is there, but it is true that it would be better if we could understand it ourselves.
Of all the social and business platforms, communities are crucial in the current world of crypto since there is always something new coming up. Just like in the case of the answers is not always provided these discussions can be the beginning of grasping something new or identifying issues faced and coming up with solutions for them. A lot can be gained from interaction with the other members to be able to get better ideas and build one’s capability of searching and poring through information. Finally, a proper balance between gaining ideas from the community and examining our own knowledge will make the steps we are to take in the crypto world more robust.


I also think this is happening and BTC continues to attract the influx of funds into this market, while memecoins also attract the remaining funds, causing most altcoins to be unable to recover or grow as expected by investors.

In the near future, when BTC.D stops increasing and BTC price goes sideways, altcoins will receive more money because investors will soon get bored with BTC's "stagnation" above 100K or 150K. At that time, we will talk together about altseason or the 50% - 100% daily price increase of many tokens :)
Yes, The overall exchange daily trade volume demonstrates how BTC still controls the funds flow, and memecoins are the favourites for some to exploit in the market. This does tend to stall most altcoins, which is normal since genuine changes in the market always provide new opportunities. Thus, when the exchange and the position of Bitcoin becomes more stable, there is a possibility that more funds can be invested to other altcoins. If it does so, we can enjoy the warming in the altcoin market with the possibilities of a high growth with potential investors waiting patiently for the right moment.

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Re: When ALTS are struggling while Bitcoin is shining
« Reply #72 on: November 29, 2024, 06:52:59 PM »
I also think this is happening and BTC continues to attract the influx of funds into this market, while memecoins also attract the remaining funds, causing most altcoins to be unable to recover or grow as expected by investors.

In the near future, when BTC.D stops increasing and BTC price goes sideways, altcoins will receive more money because investors will soon get bored with BTC's "stagnation" above 100K or 150K. At that time, we will talk together about altseason or the 50% - 100% daily price increase of many tokens :)
I agree with you about what is happening in market at this time. Bitcoin is getting most of new money and memecoins are also getting a lot of investment. So that is showing many other cryptocurrencies are having trouble growing or recovering like investors hoped. But I do not think this will for long time scenario will be changed soon. When Bitcoin price stops going up investors might start looking for other things to invest in. So at this time other cryptocurrencies might start getting more attention and investment which could lead to big increase in their prices.
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Re: When ALTS are struggling while Bitcoin is shining
« Reply #73 on: November 29, 2024, 07:10:16 PM »
There are other altcoins that follow the movement of bitcoin where when bitcoin is rallying, the top altcoins in the market often also gain momentum in rallying their price, whether layer 1&2 and meme coins as well.

But most cryptocurrencies that are not included in the top 30 are continuously falling in their price values ​​in the market, but there are also others whose price is rallying while there is a retracement in the value of bitcoin in the market.
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Re: When ALTS are struggling while Bitcoin is shining
« Reply #74 on: November 29, 2024, 07:19:25 PM »

I am sure that many people who also invested some good portion of their eggs in ALTCOINS are now wondering why with Bitcoin seemingly getting stronger everyday and may even make a new ATH in days to come (am hoping this can be true) many alts are not responding well to the pull up.

Now, the answer can be that "Bitcoin dominance is on the rise, altcoins struggle to gain momentum. As long as Bitcoin remains the central focus, the likelihood of altcoins delivering significant returns remains low." Of course, we are sure that alts time is coming though it is not yet there, for now.

Do you agree with this assessment or do you have your own explanation for this dilemma?
I agree with this assessment because it is true and all eyes are on BTC and it will pump more I am surprised to see how after touching $90k from $98k it still recovered back to $98k as I was really not expecting that or I had not that much knowledge about it that it could be recovered. Well, I even think BTC will dump as more sellings will occur but most of the holds are already out at $98k and now there are'nt any holders in the market IMO who wants to book at $98k excepts those who missed the first chance.

BTC seems to bullish now and maybe this time it will break $100k target and set's a new ATH too speaking of alts I did not invest in them till 20 november and still waiting to get some good entry points I think the best time was in the first 10 days of November but that time I did not gave it any importance now I am waiting for some good coins to dump. Let's see when alt season will come what do you think?
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