Quote from: EarnOnVictor on Today at 07:38:29 AM

Quote from: JamesDaniel90 on June 12, 2024, 02:46:23 PM

Been in this crypto game over 2 years now and I am 100% in altcoins currently and patiently waiting for alt season.

My portfolio is currently +80% overall after this mini crash we have seen in the last few days and I had hoped to have seen more of a return by now.

I have seen some say there will not be an alt season this bull run, some say it wont be till next year and some say it usually comes around 3 months after the Bitcoin halving which would put it around August.

I am hoping we only have a few more months to wait now as my patience is being tested, how is everyone else feeling?

Time has passed and things are changing in the crypto world, for this, I advise you not to expect anything as usual. I was one of those who were expecting the altcoin seasons but with my deeper thoughts, I discovered that some altcoins continue to behave similarly to that of the altcoin season since 2023 in their own huge and little way (manipulation or not).

This might mean that the system has changed and can't be as general as many expect due to some liquidity issues in the crypto market. It's not that the market is not gaining liquidity but crypto projects are too many now for liquidity to cover many of them in such a way that they will behave like before.

By the way, who is going to bring in the huge liquidity that will make many altcoins move 10, 20, or 30 times their current price as before? We should be realistic with the current market events.

I agree it gets harder each bull run to see these big returns for altcoins due to there now being so many but the big gains are still there.

I have seen a 30x already in one of my altcoins in the last 12 months and that is well before the peak of the bull run that is coming in the next 6-12 months.

I do think that I will lower my expectation though, I was hoping to get a 15-20x return overall on my portfolio but now think I will be happy with 7-10x.