Post
Topic
Board Speculation (Altcoins)
Re: Altcoin season coming soon?
by
Obim34
on 19/03/2024, 08:38:22 UTC
You have to trust the market but also must be careful mate because there might be something
coming sooner (either the price will dump or will rise more) because I find the market now as showing not
so normal activities looking that Halving is near to come yet we are seeing more climbing that never
happened to the market before)at least from the past before halving time.
The start of the altcoin season was not so dynamic but today the market is quite volatile. But still many altcoins dump so it may not rocket fast and may take more time. So far many investors have been thinking about timing their buys but i think there may not be a more affordable market than this. Many new investors will jump into this bull market to invest but it must be the best investment but use your profit time.
well 20 days after , look at the market and look with all the altcoins(not counting shit coins of course)
I also think that we should wait for a few days because the market is in correction mode at the moment and we can't be sure how far down it will go. So even though we know that altcoins will go up along with Bitcoin very soon as we are already in the bull run based on the fact that Bitcoin has hit a new all-time high, since we are not sure, we should keep analyzing the market for a few days and see which direction it will go to.

After we get a clear indication, that will be the time for people to start accumulating, even if the market keeps going down, one can make use of that opportunity and collect as many altcoins as possible because ultimately, the market will go up and there will be profits raining if money is invested in the right altcoins.
Base on th movement of altcoins price in this bull run, I believe we are about to enter the real season of altcoins and it will help those Investors that have invested their money to Ethereum, Solana and BNB to get ready to earn what they have never earn since last year.

If you are hodling altcoins right now, get ready to massive profits because, the market price is about to turn for the favour of those that buy when the price was very low in the market and it will make some people not to be in an hurry again to sell quick.
We should be fully prepared for the coming Altcoins season, many are yet belittling the current price of Altcoins but are not quick to understand this is just the right opportunity to begin their investment journey. We can see the current price drop of Ethereum in relative to Bitcoin decrease in price, for Bitcoin getting a new price mark same should also be expected from Ethereum, goes down to some correlated Altcoins. As soon Bitcoin gets to it's max all time high, the favor now turns down facing the Altcoin market, more investors coming in.

Altcoin season starts when the BTC price stabilizes after a bull run. At the moment, the BTC price is fluctuating and we might see a slight correction in BTC price towards $50k, so the alt season might not start within a few months. It is the best time to invest in altcoins, as they are significantly down from the ATH and are getting some momentum. If they pumped half of the previous ATH, you will get a handsome profit. Investors are currently busy with BTC, once they earn enough they will shift their focus towards altcoins and we will see altcoins surging.
We can see the current price of Bitcoin at $63k and Ethereum at $3,300, a big difference from where they were some weeks ago, this shows how fierce the market correction is. It's a new week which supposed to begin the race for a new mile stone but a little bit unfortunate on this speculation the price decided to decline,it's completely necessary we do not consider it as a wrong market move but another good opportunity to accumulate more into our portfolio. We are not in a haste to make all time highs, let the market take its time to deliver, we believe the outcome at the end will be as expected.