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Author Topic: Altcoins season looks uncertain this year.  (Read 7484 times)

Online Fivestar4everMVP

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Re: Altcoins season looks uncertain this year.
« Reply #135 on: December 13, 2024, 08:47:45 PM »
The bitcoin price is looking very bullish and there is higher possibility that dominance rate will increase. Since this year Bitcoin rate has been performing very well with no signs of it coming down anytime this year. As at the time of writing this post, dominance rate is standing around 59.80%. which is very high for altcoins to pump.
Having said that, I am of the opinion that despite the current Bitcoin up trends movements, there are still strong demands
for btc, with no much supply going into the market. Do you think altcoins season is still likely to happen this year?
To be honest, it's difficult to say or predict, it is no longer news that the current bull run is driven by government and large institutions buying into bitcoin, with the help of Trump (a bitcoin enthusiasts) winning the US presidential election, for all this bodies coming into crypto, bitcoin has remained their only center of attraction, none is willing to put money into alternative cryptocurrencies, and this is the reason why we see bitcoin going up with its market dominance increasing, while Altcoins relatively stable or going down in prices.

So far, it's hard to say if there is going to be an Altcoin bull run this season, I believe we can only know as from February next year when Trump already is in office as the US president, until then, I believe it's not bad to keep accumulating just incase.
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Re: Altcoins season looks uncertain this year.
« Reply #135 on: December 13, 2024, 08:47:45 PM »

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Offline Rubel007

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Re: Altcoins season looks uncertain this year.
« Reply #136 on: December 13, 2024, 09:39:46 PM »
There are no signs of that at the moment, even though Bitcoin has reached a new ATH. But it seems like it won't be long, XRP has shown a high increase. Other Altcoins are the same, but it seems like all Coins are currently experiencing a price drop. The good step we need to do now is to choose a favorite coin, then add it by buying more.
Do you assume there are no signs of altcoins season, mate?
I think the signs are quite clear because we can see the Bitcoin domination is decreasing and many altcoins have started to increase very significantly. These are 2 big signs of altcoins season, we must be very aware of these things.

Yep, XRP increased impressively, you probably have taken profits if you invested in XRP.  :D
Seeing the price movements of several Altcoins that have experienced price changes, I believe that the Altcoin season will come.
However, I cannot predict when this will happen, at the end of the year which is only a few days away or at the beginning of 2025. Let's just wait, that time will definitely come.
And it's time for us to tighten our seat belts, to welcome the arrival of the Altcoin season later.
Yes, some altcoins have seen big price changes but there is still a lot to go which is why I think the altcoin season has just begun and is not over yet. We definitely have to wait until next year. There are still more than two weeks left this year, it could start next week or it could happen anytime in Q1 of next year. But hopefully the expected bull run is starting soon.

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Re: Altcoins season looks uncertain this year.
« Reply #136 on: December 13, 2024, 09:39:46 PM »

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Offline MRY

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Re: Altcoins season looks uncertain this year.
« Reply #137 on: December 14, 2024, 09:46:30 AM »
To be honest, it's difficult to say or predict, it is no longer news that the current bull run is driven by government and large institutions buying into bitcoin, with the help of Trump (a bitcoin enthusiasts) winning the US presidential election, for all this bodies coming into crypto, bitcoin has remained their only center of attraction, none is willing to put money into alternative cryptocurrencies, and this is the reason why we see bitcoin going up with its market dominance increasing, while Altcoins relatively stable or going down in prices.

So far, it's hard to say if there is going to be an Altcoin bull run this season, I believe we can only know as from February next year when Trump already is in office as the US president, until then, I believe it's not bad to keep accumulating just incase.
Volatility has always been rife in the crypto world especially when there are outside influences like policies being made from the government. Indeed, the presence of large institutions has contributed to the rise of the share of Bitcoin in circulation and this can encourage world investors. It seems that the flow of attention to altcoins is not so high at the current period of time, but this does not necessarily restrain them from being the promising cryptocurrency of the future. To gradually build assets up, while watching the events unfold, is quite logical, scarce in the meantime as everything can turn rather quickly. This way of action is close to cautious and adaptable, we can respond and use the chance that appears at the right moment.

Yes, some altcoins have seen big price changes but there is still a lot to go which is why I think the altcoin season has just begun and is not over yet. We definitely have to wait until next year. There are still more than two weeks left this year, it could start next week or it could happen anytime in Q1 of next year. But hopefully the expected bull run is starting soon.
The movements of altcoins are typically slower than that of Bitcoin, and this simply means that there is always breathing space to capture existing opportunities if any. Indeed the rest of this year and the first half of the next year are still open for many things to happen, more so if the market is buoyed by positive feeling. This is also important given the current volatility with an open mind to the idea that altcoins could be a worthwhile investment. There isn’t a great increase, yet continuing to observe trends while controlling risk well makes us ready when the awaited moment arrives some time in the future.
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Re: Altcoins season looks uncertain this year.
« Reply #138 on: December 14, 2024, 01:32:49 PM »
The bitcoin price is looking very bullish and there is higher possibility that dominance rate will increase. Since this year Bitcoin rate has been performing very well with no signs of it coming down anytime this year. As at the time of writing this post, dominance rate is standing around 59.80%. which is very high for altcoins to pump.
Having said that, I am of the opinion that despite the current Bitcoin up trends movements, there are still strong demands
for btc, with no much supply going into the market. Do you think altcoins season is still likely to happen this year?
Currently, there's a significant increase in the demand for Bitcoin by big investors and that's simply because the President-elect of the United States of America is a Bitcoin enthusiast who in the past have shown his readiness to invest in Bitcoin and cryptocurrency in general. What that means is if the availability of Bitcoin is very limited, investors will likely start to invest in altcoins especially the ones that's shown enough strength to stand the volatility of crypto market. So yes, I strongly believe they'll significant uptrend in altcoins in no distant time.
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Offline jeraldskie11

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Re: Altcoins season looks uncertain this year.
« Reply #139 on: December 14, 2024, 01:55:16 PM »
The bitcoin price is looking very bullish and there is higher possibility that dominance rate will increase. Since this year Bitcoin rate has been performing very well with no signs of it coming down anytime this year. As at the time of writing this post, dominance rate is standing around 59.80%. which is very high for altcoins to pump.
Having said that, I am of the opinion that despite the current Bitcoin up trends movements, there are still strong demands
for btc, with no much supply going into the market. Do you think altcoins season is still likely to happen this year?
Currently, there's a significant increase in the demand for Bitcoin by big investors and that's simply because the President-elect of the United States of America is a Bitcoin enthusiast who in the past have shown his readiness to invest in Bitcoin and cryptocurrency in general. What that means is if the availability of Bitcoin is very limited, investors will likely start to invest in altcoins especially the ones that's shown enough strength to stand the volatility of crypto market. So yes, I strongly believe they'll significant uptrend in altcoins in no distant time.
There will be a big impact on the market because Trump is elected. That's why the price of Bitcoin increased as well as altcoins. The long awaited bull run is happening. Now the alt season is what most people are waiting for, and I think it will happen next year. We expect that many investors will invest in altcoins because there are many legit projects. Not only Bitcoin is legit, but also many altcoins especially the top altcoins.

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Re: Altcoins season looks uncertain this year.
« Reply #140 on: December 14, 2024, 08:30:50 PM »
The bitcoin price is looking very bullish and there is higher possibility that dominance rate will increase. Since this year Bitcoin rate has been performing very well with no signs of it coming down anytime this year. As at the time of writing this post, dominance rate is standing around 59.80%. which is very high for altcoins to pump.
Having said that, I am of the opinion that despite the current Bitcoin up trends movements, there are still strong demands
for btc, with no much supply going into the market. Do you think altcoins season is still likely to happen this year?
Currently, there's a significant increase in the demand for Bitcoin by big investors and that's simply because the President-elect of the United States of America is a Bitcoin enthusiast who in the past have shown his readiness to invest in Bitcoin and cryptocurrency in general. What that means is if the availability of Bitcoin is very limited, investors will likely start to invest in altcoins especially the ones that's shown enough strength to stand the volatility of crypto market. So yes, I strongly believe they'll significant uptrend in altcoins in no distant time.
There will be a big impact on the market because Trump is elected. That's why the price of Bitcoin increased as well as altcoins. The long awaited bull run is happening. Now the alt season is what most people are waiting for, and I think it will happen next year. We expect that many investors will invest in altcoins because there are many legit projects. Not only Bitcoin is legit, but also many altcoins especially the top altcoins.
Investors are currently still focused on bitcoin, especially new investors as a result of Trump's election as US president.
And I'm sure after Trump is inaugurated we will see the price of bitcoin soar again and maybe after reaching a new ATH we will see a shift in funds from bitcoin to altcoins, because investors will seek profit from altcoins and that is the start of altcoin season.


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Re: Altcoins season looks uncertain this year.
« Reply #141 on: December 15, 2024, 11:48:10 AM »


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Re: Altcoins season looks uncertain this year.
« Reply #142 on: December 15, 2024, 04:33:45 PM »

altcoin season is likely to happen next year, because I see some of the top altcoins are still far from their ATH.
This is just my analysis because my portfolio has not reached my target, especially since this week bitcoin experienced a correction so that my portfolio dropped sharply.
Let's just wait after Trump's inauguration, what will happen to the crypto market. If it has a good impact, it is certain that altcoin season will come.
Hopefully next year there will really be an Altcoin season, many people are waiting including me. Yesterday's increase in Bitcoin prices has not been able to bring an increase to Altcoin, but its current decline has had a big influence. If we have bought and invested in Altcoin for a long time, don't make the wrong move that will harm us. Keep holding the Altcoin that we have, until it reaches the desired target.

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Re: Altcoins season looks uncertain this year.
« Reply #143 on: December 16, 2024, 04:28:24 AM »
Investors are currently still focused on bitcoin, especially new investors as a result of Trump's election as US president.
And I'm sure after Trump is inaugurated we will see the price of bitcoin soar again and maybe after reaching a new ATH we will see a shift in funds from bitcoin to altcoins, because investors will seek profit from altcoins and that is the start of altcoin season.
Cryptocurrencies also pose both an opportunity and a challenge for use to ensure that our actions are well made therefore the need to continue being cautious. This is very common when looking at potential profits because it is easy to assume that short term gains are the same thing as long term. Taking a balanced action, we can pay attention to the changes in the current market patterns and use them. Thus, instead of having our attention directed at one particular asset more data points that cover several instruments can create better outcomes are easier to measure. This way, we create the strategies that allow us not just to gain the highest revenues within the short term, but also to concentrate on the proper development within the long term.


Hopefully next year there will really be an Altcoin season, many people are waiting including me. Yesterday's increase in Bitcoin prices has not been able to bring an increase to Altcoin, but its current decline has had a big influence. If we have bought and invested in Altcoin for a long time, don't make the wrong move that will harm us. Keep holding the Altcoin that we have, until it reaches the desired target.
In the crypto market, nothing is predictable most of the time, and every action taken should be with a goal in mind. In this case when Altcoin has not exhibited the expected rise, this should be the best time to review the strategy without undue haste. The following objectives are therefore proposed: Keeping the existing assets intact while also keeping an eye on the market conditions will ensure the realisation of this targeted quantity. Moreover, the formation of contingencies for the possible changes, which means preparing other actions that may be needed to prevent tension in moments of price change, is helpful. Therefore, people may achieve better results with maximum Patience and consistency all the time as this door is always opened.
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Offline bayu7adi

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Re: Altcoins season looks uncertain this year.
« Reply #144 on: December 16, 2024, 05:19:37 AM »
Investors are currently still focused on bitcoin, especially new investors as a result of Trump's election as US president.
And I'm sure after Trump is inaugurated we will see the price of bitcoin soar again and maybe after reaching a new ATH we will see a shift in funds from bitcoin to altcoins, because investors will seek profit from altcoins and that is the start of altcoin season.
if this is included in the BTC halving cycle scheme, it is still in accordance with the initial plan, that the bullrun on this year's BTC halving is really due to ETFs and the political climate in the US, we can see a crazy cryptocurrency price pump and touch ATH after halving because this pattern could have been predicted before....

and for those who still adhere to the 4-year halving cycle, then after the bullish moment party and reaching a new ATH for Bitcoin, there will most likely be a correction period in 2025 which is likely to be Q3 or Q4... it could be that the whales have planned something from now on.

Offline enwi

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Re: Altcoins season looks uncertain this year.
« Reply #145 on: December 23, 2024, 08:47:42 AM »
Investors are currently still focused on bitcoin, especially new investors as a result of Trump's election as US president.
And I'm sure after Trump is inaugurated we will see the price of bitcoin soar again and maybe after reaching a new ATH we will see a shift in funds from bitcoin to altcoins, because investors will seek profit from altcoins and that is the start of altcoin season.
if this is included in the BTC halving cycle scheme, it is still in accordance with the initial plan, that the bullrun on this year's BTC halving is really due to ETFs and the political climate in the US, we can see a crazy cryptocurrency price pump and touch ATH after halving because this pattern could have been predicted before....

and for those who still adhere to the 4-year halving cycle, then after the bullish moment party and reaching a new ATH for Bitcoin, there will most likely be a correction period in 2025 which is likely to be Q3 or Q4... it could be that the whales have planned something from now on.
Using the halving cycle as a primary forecaster for the Bitcoin price is very seductive and may lead to the situation when all of panels are built around this concept only. Cryptocurrencies belong to the highly volatile market since the key factors that affect them are external and capricious, including the market mood, as well as newly introduced regulations, and large scale institutions activities. It becomes very dangerous a situation when we assume that all the prices increases in the property channel are as a result of cyclical factors bore out of moments that resemble the ETF or exchange traded funds. Paying too much attention to previously established patterns is an illusion and it may lead to inadequate focus on the realities of the market although assumptions offer the best approach to narrow the problem down.

Offline milewilda

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Re: Altcoins season looks uncertain this year.
« Reply #146 on: December 23, 2024, 11:18:33 AM »
Lol, I heard same questionable remarks about Bitcoin reaching 100k, and look how it breached that within a week. Similarly, I don't doubt about alt-season, best is yet to come, have faith in market cycles.
If you've been here on this market for a while then you would definitely be that believing about market cycles on which if theres Bitcoin cycle and there is an altcoin season or even meme coin season. The key on here is that you do make yourself that patient because if you dont then you will definitely be selling out your current positions whenever the market dips. The advantage on here or some options is that on the moment that you cant hold up Bitcoin for too long because you do sees up that altcoin gains is much better then you will come up with different plans and ways for you to maximize out profitability.

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Re: Altcoins season looks uncertain this year.
« Reply #147 on: December 23, 2024, 11:32:09 AM »
As said, many people thinks that the crypto market should be all about fast earnings. In reallity the crypto market teach us to be more and more patient. Even then it teaches us also that there can be much of suffer in the life and you just need to go with it.

Offline Gurujebs

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Re: Altcoins season looks uncertain this year.
« Reply #148 on: December 23, 2024, 03:26:35 PM »
As said, many people thinks that the crypto market should be all about fast earnings. In reallity the crypto market teach us to be more and more patient. Even then it teaches us also that there can be much of suffer in the life and you just need to go with it.

Crypto has never been about slow earning, if it's I'm sure that people will remain in stock market and the traditional market but crypto has always been about quick profits, this is why people likes it better but of course there is high risk in it, so it's a win win situation even if you are able to make quick money from crypto, high reward high risk.

However, the journey of holding in crypto in 4 years might look short to people that are not here but it looks more like 20 years of tense and fear especially if you are new to the market. It's not easy to hold a coin in crypto.
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Offline enwi

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Re: Altcoins season looks uncertain this year.
« Reply #149 on: December 24, 2024, 02:47:56 PM »
As said, many people thinks that the crypto market should be all about fast earnings. In reallity the crypto market teach us to be more and more patient. Even then it teaches us also that there can be much of suffer in the life and you just need to go with it.
The crypto market is a perfect example of the idea that things move on and it is possible to get up and go despite the fact that things are no longer optimal. When such assets float without surety as to their value, we are encouraged to adjust expectations and walk the face of this earth with our chins up.

Each variation is not only a variation in the numbers, but how we fix our minds on the prepared strategy. Unlike getting overwhelmed by emotional pressure, we can decide to foster discipline on any decision that we make. This market is one more chance to expand not only in terms of finances but mentally as well, we continue to maintain our focus more on one great aim than on the immediate outcome.

 

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