Post
Topic
Board Altcoin Discussion
Re: We are about to enter altcoin season, what do you think?
by
Oasisman
on 18/04/2023, 02:23:19 UTC
Surely altcoin season cannot happen right now? The market is just starting to recover? I thought the real altcoin season is here after btc halving and btc dominance goes down. Right not we seem to be far off.
It's possible that a bull market occurred ahead of the halving. looking at the history of the bull market, it is always the most awaited moment, it is the point where everyone sells their altcoin holdings to make a profit.
A new ATH will be achieved, but it depends on the development of each project, especially new projects that have not received full support from the community.
Just need to wait until the bull market occurs. Hold bitcoin for the long term and some altcoins to take profits when the bulls come.

what is happening right now i think is like a bull run ahead of halving. but there could also be another dip coming before the altcoin season. 

the BTC dominance usually rises high above 50% before the altcoin season so i'm not expecting much to happen this mid-2023. it is however a good time to buy more of those altcoins that you think could pump to 100X. huge profit to come when you pick the right ones.



We're almost halfway through the year and Btc might go beyond 30k or 40k maximum as well as some top alts in the market.
Speaking of picking the right alts IMO, those are the alts in the top 20, however it won't bring you 100x profit though. The type of altcoin that gives you that much may not really feel like it's the right alts for you coz it bears too much risk of losing your money. You'd be lucky if it happens that you have invested into this kind of alt.