Altcoins season

[Zed0X]

~
Investors will always diversify, and in doing so, they always look for coins with usecase and proven track records.

Many of these so called investors will also turn into gamblers by betting in some unknown (new) token while hoping for a huge pump. Not too long ago, I read about some people cashing out millions (in our local currency) from memecoins. There was also one that lost 500K pesos through a rug pull but, luckily, that person bagged around 2.9 million pesos in another project.

[bayu7adi]

"Do all ALTS experience a significant rise in price during this season"?.

Not all, but almost most altcoins will skyrocket when the altseason arrives... the solution to keep getting big profits is to buy many types of coins to welcome ALTSEASON, so that when the coin you like doesn't go up in price, at least there are still other coins that go up at that time.

The incident was in 2022, where I only had BNB for the altcoins I collected, when my BTC assets went up, and the prices of most altcoins also went up, it turned out that the BNB I liked didn't go up.. it was really tragic because many people were partying, but I was not one of them.

[satpol_PP]

~
Investors will always diversify, and in doing so, they always look for coins with usecase and proven track records.

Many of these so called investors will also turn into gamblers by betting in some unknown (new) token while hoping for a huge pump. Not too long ago, I read about some people cashing out millions (in our local currency) from memecoins. There was also one that lost 500K pesos through a rug pull but, luckily, that person bagged around 2.9 million pesos in another project.

I think this is like an extraordinary gamble that person did, because investing in meme coins is very risky but he dares to use large capital to invest in several meme coins. He will lose in several meme coins but get a big profit to cover his losses. This is very fantastic if he really has great experience in researching and analyzing new projects. While I have no experience with new projects, because I have experienced losses several times when investing in new projects.

"Do all ALTS experience a significant rise in price during this season"?.

Not all, but almost most altcoins will skyrocket when the altseason arrives... the solution to keep getting big profits is to buy many types of coins to welcome ALTSEASON, so that when the coin you like doesn't go up in price, at least there are still other coins that go up at that time.

The incident was in 2022, where I only had BNB for the altcoins I collected, when my BTC assets went up, and the prices of most altcoins also went up, it turned out that the BNB I liked didn't go up.. it was really tragic because many people were partying, but I was not one of them.

I have also done that by holding several potential altcoins to welcome the altcoin season. At that time I still planned to buy several top altcoins because I saw their movements were good, unfortunately the price was already high. I asked for advice from several seniors, they said it was better to wait until a correction occurs before buying.

[enwi]

~
Investors will always diversify, and in doing so, they always look for coins with usecase and proven track records.

Many of these so called investors will also turn into gamblers by betting in some unknown (new) token while hoping for a huge pump. Not too long ago, I read about some people cashing out millions (in our local currency) from memecoins. There was also one that lost 500K pesos through a rug pull but, luckily, that person bagged around 2.9 million pesos in another project.

When it comes to crypto investing, there is usually nothing wrong with taking risks, but it is substantially different from speculating with virgin tokens which have no past performance. Some people have made a lot of money out of some of these projects but what we also see is that people also lose a lot of money as a warning signal. I believe that, expanding the extent of our coverage and conducting research in enhanced detail would allow for successful capitalization on the opportunities without focused reliance on chances. With a better planned approach, we can maximise the chase on opportunities and at the same time safeguard the capital developed.

[God Of Thunder]

The point is that in the end most projects do not succeed. Only a few of them really become profitable, and you need to sell at the right time.

The problem is that we don't know when to sell. Once we see a token growing, we think it will grow further, and we wait with our holdings. But at the end of the day, that token starts falling in price, and the majority of holders decide to cash out their profits. This mostly happens with people who do not have any specific targets to sell.

If I buy a token, I have a target like 3x or 4x. Once I reach the target, I should sell my token and cash out the profits as soon as possible. But people hold more out of greed, and they end up losing because their tokens start to lose value. I hope I won't make such mistakes this time.

[dave_strider]

"Do all ALTS experience a significant rise in price during this season"?.

The Crypto market is a large marketplace possessing roughly over 20,000 Cryptocurrencies, (this is just an estimate). Is it all these assets that experience the ALTS season or just the Top ALTS are the determinants of this season.

This is something natural in a highly volatile market because of the bull run; investors are motivated to buy altcoins because the price follows Bitcoin movement; its a domino effect, but not all altcoins will experience this; only altcoins with proven performance in the market and community behind it. Investors will always diversify, and in doing so, they always look for coins with usecase and proven track records.

Yeah, for example - XRP  It didn't pump that much from the Bullrun currently, but it still reacts to the news about crypto regulations being reworked in some regards.

[luckyledger]

The point is that in the end most projects do not succeed. Only a few of them really become profitable, and you need to sell at the right time.

The problem is that we don't know when to sell. Once we see a token growing, we think it will grow further, and we wait with our holdings. But at the end of the day, that token starts falling in price, and the majority of holders decide to cash out their profits. This mostly happens with people who do not have any specific targets to sell.

If I buy a token, I have a target like 3x or 4x. Once I reach the target, I should sell my token and cash out the profits as soon as possible. But people hold more out of greed, and they end up losing because their tokens start to lose value. I hope I won't make such mistakes this time.

That's why we not only need to look at charts of a project, but at the news associated with it, and the plans it has for the near future.
That way, we have more metrics to judge and understand what can potentially happen next.

[tequilla_sunset]

"Do all ALTS experience a significant rise in price during this season"?.

Not all, but almost most altcoins will skyrocket when the altseason arrives... the solution to keep getting big profits is to buy many types of coins to welcome ALTSEASON, so that when the coin you like doesn't go up in price, at least there are still other coins that go up at that time.

The incident was in 2022, where I only had BNB for the altcoins I collected, when my BTC assets went up, and the prices of most altcoins also went up, it turned out that the BNB I liked didn't go up.. it was really tragic because many people were partying, but I was not one of them.

Maybe there wasn't news that pushed the price of BNB forward a bit, as it's tied up to Binance.
Though I didn't hold any of it in the past, I do hope that this cycle will be more beneficial to you.

[Bobcrypto]

Well first and foremost the charts speak for them selves the idea of an altcoin bull is a little bit naive if you ask me because the chances of altcoins pumping generally leaving only bitcoin behind would be quite impossible. If you check, crypto currency markets are based on their equivalent market cap most of the time and bitcoin has the highest market cap therefore its price movement is to an extent felt by the whole crypto market.

One of the biggest altcoin season I've ever experienced is the season that happened recently and seems to be fading away gradually though. Literally every coin on the market pumped alongside bitcoin.

Mate, I don't think altcoins season has happened recently or even through out 2024, but what many are calling altcoins season are the few altcoins moving along side the Bitcoin trends or pumps.
Yes, Bitcoin controls the crypto market, uptrends and downtrends movements, and most times many altcoins move according to the bitcoin trends, but this does not mean we are in altcoins season.
Like i have been explaining to some people, probably newbie traders/investors, Bitcoin continueous demand or pumps give room for higher dominance rates. Bitcoin dominant rate is a factor that also determine general altcoins pumps or season, and if the dominant rates doe not retrace back to a very low levels, altcoins may not have a full season. Currently the Bitcoin dominance rates, as at the time of writing this post is standing at 59.33%, too high to ignite an altcoins Bull run. Check the coinmarketcap platform for details

[tequilla_sunset]

Well first and foremost the charts speak for them selves the idea of an altcoin bull is a little bit naive if you ask me because the chances of altcoins pumping generally leaving only bitcoin behind would be quite impossible. If you check, crypto currency markets are based on their equivalent market cap most of the time and bitcoin has the highest market cap therefore its price movement is to an extent felt by the whole crypto market.

One of the biggest altcoin season I've ever experienced is the season that happened recently and seems to be fading away gradually though. Literally every coin on the market pumped alongside bitcoin.

Mate, I don't think altcoins season has happened recently or even through out 2024, but what many are calling altcoins season are the few altcoins moving along side the Bitcoin trends or pumps.
Yes, Bitcoin controls the crypto market, uptrends and downtrends movements, and most times many altcoins move according to the bitcoin trends, but this does not mean we are in altcoins season.
Like i have been explaining to some people, probably newbie traders/investors, Bitcoin continueous demand or pumps give room for higher dominance rates. Bitcoin dominant rate is a factor that also determine general altcoins pumps or season, and if the dominant rates doe not retrace back to a very low levels, altcoins may not have a full season. Currently the Bitcoin dominance rates, as at the time of writing this post is standing at 59.33%, too high to ignite an altcoins Bull run. Check the coinmarketcap platform for details

Do you think that after the correction, we may see BTC DOM falling off a bit or even for a good margin?

[ZAINmalik75]

"Do all ALTS experience a significant rise in price during this season"?.

It's not confirmed that every alt will pump because meme coins are also alts and they cannot pump because they are pumping now their time is now and when ALTS season will start money from meme coins will be transferred into ALTS.

Alt season is coming but the time is not confirmed but many predict when BTC will dump then alts season will pump. Making investments in good alts is necassary it is not confirmed that every alt will be profitable.

[Mia Chloe]

Altcoin pump is going to happen after the rally for BTC stops a bit - and the liquidity from it would pour into alts.
Then we may see the potential in our holdings in that regard, in my opinion.

It seems you are actually underestimating the effect of market cap in the crypto space. Bitcoin is the crypto currency with the highest market cap and also liquidity in the market and as a result it would be very difficult to find a situation of partial pump excluding bitcoin. The idea is in terms of trading, the market moves in the direction of liquidity.

Saying an altcoin pump season seems like you are excluding bitcoin more like a scenario where bitcoin would be in a general dip with all other altcoins experiencing a pump. Literally it's possible for see a short bear in bitcoin price with other coins in a bull too but it wouldn't last long.

[Ujok]

~
Investors will always diversify, and in doing so, they always look for coins with usecase and proven track records.

Many of these so called investors will also turn into gamblers by betting in some unknown (new) token while hoping for a huge pump. Not too long ago, I read about some people cashing out millions (in our local currency) from memecoins. There was also one that lost 500K pesos through a rug pull but, luckily, that person bagged around 2.9 million pesos in another project.

When it comes to crypto investing, there is usually nothing wrong with taking risks, but it is substantially different from speculating with virgin tokens which have no past performance. Some people have made a lot of money out of some of these projects but what we also see is that people also lose a lot of money as a warning signal. I believe that, expanding the extent of our coverage and conducting research in enhanced detail would allow for successful capitalization on the opportunities without focused reliance on chances. With a better planned approach, we can maximise the chase on opportunities and at the same time safeguard the capital developed.

it is true, now altcoins are widely traded in the market and altcoins are now experiencing a significant increase due to the large number of people investing in altcoins which are a place to get big profits, but also have big risks so you have to be careful and thorough in taking steps when buying and selling..
like the doge coin has now gone up, if we buy it at a high price it is very risky.

[nakmantu99]

it is true, now altcoins are widely traded in the market and altcoins are now experiencing a significant increase due to the large number of people investing in altcoins which are a place to get big profits, but also have big risks so you have to be careful and thorough in taking steps when buying and selling..
like the doge coin has now gone up, if we buy it at a high price it is very risky.

the current price is already high, mate. If you want to buy, you should choose an altcoin that is still far from ATH and do an analysis so that we don't choose the wrong coin.. but if you want low risk, you should buy when the crypto market is correcting, because we can buy at a lower price.
Altcoin is a coin with a higher risk than itcoin but can generate higher profits if we choose the right coin and at the right time to buy.

currently i am just watching some altcoins that i can buy when there is a correction, by looking at the project and team. but it seems like bitcoin is getting stronger so we have to wait a little longer to see the correction.

[God Of Thunder]

That's why we not only need to look at charts of a project, but at the news associated with it, and the plans it has for the near future. That way, we have more metrics to judge and understand what can potentially happen next.

I don't think many news media write about altcoin projects. But you can check the specific date of unlocking a new supply of tokens. Usually, altcoins dump when they unlock the new supply. That is the time to buy alt tokens. But the most important is to know about the project. I would always focus on high market cap tokens that are unlikely to scam people.

I would check if any crypto farm audited their code. I don't think I would waste a penny on those projects if they weren't audited. Low market cap projects are too risky to invest in. So, I would suggest to avoid them as well.