Quote from: Natalim on June 03, 2022, 12:20:26 PM

Quote from: Len Saldua on May 20, 2022, 08:03:44 PM

For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ? I know there was a bit of a pump in 2019, so I don't know.. but right now I'm seeing Gods Unchained, Ox and a few other coins pump even if Bitcoin's Market dominance is still well over 42 %. Lets not also forget the market is still in a downtrend headed for lower lows at the moment. So would there be any point in trying to FOMO into altcoins pumping ?
I personally exited the market almost entirely, plan to re enter when Bitcoin hits 15K or even lower. Then again I've noticed some alts coming desperately close to the negative 98% mark... you have to wonder how much lower can they go

Practically speaking, I wasn't really convinced that altcoins will do the rally during the bear season but instead, they go along with the trend, and only we can see pumps when Bitcoin does first. We are witnessing this trend before and in the previous bear season, in fact, even in small corrections the altcoins have been affected too easily.

And those coins that you have mentioned OP, it is quite weird to see. They don't have such credibility to rise, that pumps are a sort of price manipulation in some exchanges, and consider a bull trap in general.

I remember HEX and LINK pumping in the bear market before. That said, I think we are out of the bear market now and primed for a pump back up to 50k usd BTC. That's perfect timing for new projects like MAXX finance that are launching in August as well as under the radar projects like ELF that are due for a pump.