Post
Topic
Board Speculation (Altcoins)
Re: Can we ever have altcoin season again.
by
BitTraderCute
on 27/07/2019, 15:17:32 UTC
since the beginning of this year. bitcoin dominance has tremendously affected the altcoin markets. when bitcoins raises, altcoin move very slowly but when it goes down. altcoins are heavily affected.  Are we going to see any major bull market for altcoin again. we are already in the third quarter of the year. i am concerned because i strongly believed in altcoins more than bitcoin.
be patient my friend, crypto isn't 1 day rich tool it will better if you adjust to the market, when bitcoin rallies sell alt and focus on bitcoin. the altcoin season will definitely come but we can't know until the moment it arrives.
its still long time to wait this moment coming.moreover bitcoin still has high dominance in market , this is make investors and altcoin holder dumpt their coins and switch to bitcoin.bitcoin be main coins that be investors target now, they want to accumulate as much as they can when its price drop.
but the domination of bitcoin is already very high. the possibility that it will increase - less than the possibility that the altcoins will begin to occupy a strong position in this market
if bitcoin still show its dominance in market , altcoin price could not improve.its price tend to stable or even drop again.except for altcoin that release main fundamental it could attract investors or traders buy it so its price rise.developtment important for altcoin if they want to see altcoin rise again.