Re: Is the altcoin season actually here, or are we still early?
^ Lol wdym far too early? By this time of the cycle things should be flying sky high with just a few and with just small sell downs. Not this when there's some buy up then it starts going sideways again, making people doubt their market positions...
This is the hardest bull market to trade imho. I wouldn't be surprised if more people lost money now than the prior bull markets. But the kind of PA it's having might also mean it'll be an easier transition to a bear market which could leave a door wide open to exit positions.
:D
This is the hardest bull market to trade imho. I wouldn't be surprised if more people lost money now than the prior bull markets. But the kind of PA it's having might also mean it'll be an easier transition to a bear market which could leave a door wide open to exit positions.
:DYou are comparing it to previous bull cycles, it clearly isn’t following it exact this time is it. It’s been a tough cycle especially for those of us new to all this who have mainly only experienced down and sideways action last 2 or 3 years. We are waiting for altseason, and we need Bitcoin dominance to fall below 55% before that happens
But then again, it's still not 'far too early'. Just look at BTC... It's up from the lows of early 2023..? That's def not early. And if anything we could be at the final stages of this bull market. Same for other select coins like SOL...
Most of the coins haven't really seen a serious buy up which makes me think that there could be a catch up trade, they peak, then it's down only. So better make the best of it or learn how to short the market.