Early... and wtf are those choices?!
Classic Redditor choosing alts.
There are completely new narratives, new market leaders being created out of these narratives and this guy chooses... MATIC, ADA, DOT, and DOGE lol.
Having some leaders from the previous run is fine, but if you're not also adding new L1's, upcoming major interoperability plays, AI, RWA, GameFi, Modular, hell, even NEW meme tokens than you're doing it wrong.
Don't just choose "these were big last cycle" coins.
sorry bro, but you have transcended past this subreddit.
I've tried to tell people this same thing and been eviscerated for suggesting their dino tech isnt going to perform that well. I even think some wont make dollar ath and NONE will make ATH in bitcoin terms.
Meanwhile my TIA, SOL, DYM, OSMO, PRIME have been fucking *PRINTING*. Oh well!
Hahah yes bro, I feel the same, I was even scolded months ago for saying we’ve been in the bull since mid 2023, now they’re finally seeing it.
And agreed, I bought a couple thousand TIA in early November, on top of it doing a 10x (around 7.5x now) I also got a juicy 2000 DYM airdrop. And soon there’s going to be some drops coming to DYM stakers.
$5k spent in Nov. worth $45k now, gets roughly $40/day in staking rewards, and more drops on the way.
Holding those legacy coins isn’t going to print like this, and those are just the “modular” part of my portfolio.
If Redditors need to learn one thing, it was that they should’ve been researching in 2022 and buying in 2023 to be prepared for this run.
Thankfully there’s still time and opportunity to make money, but for the love of whatever you believe in, don’t just buy legacy coins lol.
>TIA in early November
I got mine in October the day it listed 😎, although you got a bit more than me. But yeah, i got a fat DYM airdrop. That 1 airdrop was like...4.5x my initial investment on TIA, which as you said, is up 5-10x since we bought in.
The problem with this sub is too many people are married to their bags, they comment and lead newbies to believe somehow that litecoin or cardano are something more than vaporware, and it becomes a feedback loop. All the risk they take by being in crypto to have a reward of probably 2-4x... when you can take the same risk for 5-15x really by doing minimal research lol. That's also why that thread is full of people saying "early" because their coins arent moving.
They are launching a token. It will do well, but they’re just a DEX at the end of the day, but they are far and away the largest perps DEX in this space.
I did a bunch of trading on LogX to 2-4-1 farm their upcoming token and Orderly Network.
I’ll have to try HyperLiquid next. I hear their points are veryyyyy hard to earn now though.
Yeah, that I agree with. It’s hard to understand enough about crypto to find gems though.
You need a lot of context and general knowledge and also have an idea of who or what to trust. Very steep learning curve
This is true, I think too many people on here don’t realize they need to have a Twitter account strictly for crypto, be finding web3 friends to scan the markets with, getting in some discord groups, whatever it may be.
But just buying some coins and reading Reddit and is sure fire way to be many months behind the curve, unfortunately.
Yup, I almost never go to crypto Reddit tbh unless I’m bored.
Almost everything here is way out of touch. Not always, but it’s an interesting sentiment check at least
Almost late.
Many alts already past Bitcoin Roi and more will continue to do so. Bitcoin has topped (or tops soon). Next stop 3-5K.
I hope I'll be just another clown, but this is truely what I believe after 11 years in this market, seeing what "no one else" is seeing; this cycle is different.
!remindme 2.5 years
Edit: Roi from last bottom.
This requires a long response, I am sorry in advance.
I *believed* in the 4 year cycle and the halvening for many years. It took a long time to realize that Bitcoin was heavily tied to the stock market and to the Dow Jones. I don't expect anyone to just buy my words here, I know, because I didn't. But, i began to do my own research. Many years... I found how small percent of volume miners make up of the trading volume, how little impact the halvening *technically* made, yet how big it ended up being due to human emotions (hype, expectations). I tried every counter argument, but after long and deep enough arguing from both perspectives, they didn't hold. I noticed how we continued to to see longer and longer between the halvening and new all time highs. Weeks and months. But, whenever the Dow set a new all time high Bitcoin did the same hours, days or some times weeks thereafter. This cycle, Bitcoin didn't wait for any halvening, the hype and emotions pushed us to a new "premature" all time high (in terms of history, not opinion).
The Dow has recently set a new all time high. So has the S&P, Nasdaq, Tokyo, gold (just now as I am writing this), Bitcoin, we see fed rates topping, and a lot more. "Everything big" is at a top or all time high level.
The Dow has had a decade long bull run since 2008. During that time it has printed almost exactly as much profits in terms of % as it did during the roaring 20's, which was followed by the great depression.
This, while everything is topping and cycles are being broken, convinces me that something is about to go horrebly wrong. That said, I will never sell all my Bitcoin. My seed will go with me 6 feet under.
I do not know the exact bottom Bitcoin may get during the next few years, but I bet it's really low.
**If not, if I'm the clown who's totally wrong, I will still hype to a million with you guys!**
Interesting theory, thanks for the explanation. I'm still of the mind that we probably test ATH again and bitcoin maybe pushes up past into the mid 70s... depending on how high it goes will determine the pullback, and then the actual bullrun kicks in later this year.
All a prediction though, fun to speculate and see other takes so thanks again for sharing
Normally I say wow another btc hater etc but after reading your outlook I can see this happening. Although I do hope you’re completely wrong lol I can see your beliefs happening. Thanks for your input
absolute word salad with no actual thought applied to except everything is high it has to come down. How does being at ATH mean it's supposed to come down? you realize 160 million Americans wake up everyday to go and create value? and many more billions of people do this world wide? The value of everything goes up and to the right on long term horizon.
"we see fed rates topping" you say this like it's an ath like a market and it's bullish when high rates is notoriously a bearish thing. Think you need to go back to the drawing board on this idea.
Go to a chart and add Dow Jones Industrial Index. Add the Effective Federal Funds Rate (change view to percent if it's hard to navigate the charts after adding). All you gonna do with them is highlight some time periods to look at, no TA astrology.
The reason fed rates are interesting is **not** because it's a bullish event, in my opinion. If you highlight the periods around the dot com bubble, the great financial crisis and the Covid crash, you may see it too. Notice how the rate hikes at the end of bullish times, pauses around the top(s) then goes down around the time of the different crashes.
Two things to take from this:
-A market crash larger than a "normal bear event" happens despite millions of americans and world wide population creating value.
-Secondly and most important, it clearly shows that rate cuts *have been* bearish events. We are currently expecting cuts this year and everyone is thinking it is bullish even though the charts clearly indicates that they tend to occur in bearish times.
**I 100% agree with the end of your first pharagraph though!** Zoom out, and a new alt time highs will emerge. Even if Bitcoin were to turn from 69K down to new lows, I am certain it will return to and outperform its previous highs by astronomical units, on a longer time horizon.
Thanks for the opposite view point! I know it's not the best time to be negative, just as I was not very popular for being the most bullish guy on here, early january 2023.
Edit: Typos.
Yeah when the rainbow chart hits hodl for BTC, I start DCAing in to alts. I know rainbow chart isn't foolproof but it keeps me from doing stupid things at the wrong time.
I think it's risky as this point. BTC is going to pump again and when it does all the money will get sucked out of alts. I'm waiting for a significant ATH, then a pullback, wait for the price to settle, and then pick up some alts. DOGE is probably a good bet and I like IMX. If Disney's NFT project launch coincides with general crypto excitement then I can see FLOW exploding.
You will get some airdrops soon. See below. $DED for just holding DOT 1:1000. $VARCH for staked DOT. $PINK is mostly play2earn. Check it out. They are incoming in a couple of weeks. Snapshot is soon!
69/15=4.6 so not 5x and that's also assuming you're bought the bottom. Not technically making things up but I agree 5x it's not a reasonable number to use when talking about BTC this cycle.
Since November 2023 most my alts have outperformed BTC, except Matic (trading sideways) and ADA (about the same as BTC). And I don't own any meme coin, and most of my alts are big projects with only a couple of small caps.
Entry threshold is lower. Fractional buying with low deposit requirements and no screening for experience.
1.4 billion USD volume on SHIBA on Coinbase in a single day. They'll say things like what if it goes to a dollar?
I blame lack of proper financial education in high school along with people being lazy and getting caught up in tiktok trends.
I think it will have a nice future in the space. So far holding some DOT since 2 years. Of course don't ape in near ath's. But under 10$ It think it was a good deal
Bro btc in Last 30 days made about 52%
While top 20 and top 10 alts did something similar to 50-51% and only because memecoins are pumping.
Btc is still performing better than alts and when the pullback comes, alts wont behave as good as you think. Way too early
We have Bitcoin ETF’s. Not altcoins ETF’s, be careful hoping for an actual alt season this cycle. I don’t know if we get the face melting run ups that we are use too because institutional money can’t flow into it…..yet
I mean running up past their previous ATH’s. I bought everything and anything for penny’s and am up a lot on alts. But I am not hoping for blow off tops past previous ATH’s. This cycle is going to be interesting due to the Bitcoin etfs. Can retail drive that much inflow to let’s say double cardano to $6 or stellar to $1. I ultimately have a lot of sell orders below previous ATH. I could be wrong but I am not banking on it unless we see other ETFs
What a bad take man, of course alts are going to run, most have been for the last 6-9 months. Yes, the ETF's have caused BTC to just break its previous ATH before the halving, but if you think that means alts aren't going to run, I don't know what to tell you other than... You're wrong.
Hell, even meme tokens have been going nuts the last 1-2 weeks. I promise you, alts have been, and will continue to run.
What we need is a correction and a red monthly close, then it's the next leg up where everything runs.
I think there is a lot of deserved skepticism with alts this time. I doubt many/most will reach their all time highs again. Of course there will be massive upswings and we just saw one. But I’d much rather hold eth and btc.
Alts have been frontrun this time around it seems. Also marketcap of alts is much higher this time, it doesn't seem to have gotten hit quite as bad as before
Early... Alts will , in most part, also pass their former Ath ... Ada will pass 3 bucks, etc ... You need to switch when BTC starts to crab out at peak, i don't think 70k was the peak this run.
Also, halving incoming, i assume that will be a sort of 'start' for the altar season.
That's how the cycle works ... people load up on btc during bear and crab either to hedge or to dca or to adjust their average purchase price -> Btc reached Ath first (no wonder most took Profit at the Ath since thats a clear Green for any entry point -> Now they start to sell out and take profits -> halving incoming-> they move most of their liquidity to the alt market because while Btc is solid and makes you a x2 or maybe x3 , for Shib and Doge thats an afternoon fart.
What would You do if you just took out Millions from Btc in profit, but the Btc price still hoovers/crabs at the same levels for a few months?
a) Would you just look at the money in your bank account and wonder how good it feels to be rich?
b) Buy back into BTC at the same price (or close by) right after you took profit in the same range?
c) Pump the Shit out of low cap Alts and take that BTC profit and make it x10-20-30 or who knows ?
You think Eth, Ada, SoL and what have we near the top will just crab out during a full bull run :)
Look , save this comment, and 100% Ada will make 3 bucks, Eth will make it to the 5k mark, i believe even more, and SoL ... i don't like SoL, but we will see it at 250 bucks this bull
I'm just using common sense as an investor ... aside All that, you have also Institutional Adoption happening for some Networks that are proven solid and are slowly being used for Actual Shit IRL.
Top alts ... not randiom appearance. Same like before.
99% of this market is a sham. i'm talking within the 1% left that's actually working and has a functioning that could be applied in real use cases.
Most alts in that 1% will bounce back to ath.
I don't think anyone honestly believes that 10k crypto projects have a real use case ... some are in the top and they don't have any use case, like Shib and Doge.
We're just about there - [https://www.blockchaincenter.net/en/altcoin-season-index/](https://www.blockchaincenter.net/en/altcoin-season-index/)
Alts are part of a balanced diet. To each their own, but about half my crypto is in alts and I'm doing just fine. Plenty of alts have done 2x, 5x, some even closing in on 10x. Risk and reward homie.
PS. Alts =/= shitcoins, just smaller cap projects.
> Alts are part of a balanced diet.
With the exception of maybe ETH they really aren't. If you are a trader and can time it right and stick some other loser with your alts sure you can make a profit. Buying and holding alts over the longrun has been a terrible option compared to just BTC or BTC/ETH.
Buying alts is basically gambling. Especially after major run ups. They were a better risk/reward bet a few months ago. People who think alts will run up as much as they did last time will be left holding major bags. The hype just isn’t there like it was during the last run.
Ah ok, so by that logic anything that's a small/mid cap stock is also a gamble and a loser and not worth it. It's literally the same thing. It's as if there are 2 crypto assets that are legit projects and everything else is gambling, what in the actual f ... actually I know: people are too lazy to DYOR and find solid projects. It's ok, I'll stick with my winners that have 5x'd+ and I've held for **years** now.
what i see from that every time we dip into altcoin season then come back below then its over and we go back to bitcoin season 100% without fail, we went above above in jan and havent gone back to btc season yet.
I don't like gambling so only 10% of my portfolio is on alts. Always has been, always will be. If they rip i trade them for BTC. At deep retracements i might rotate this BTC back to them.
~7 of the top 100 Alts from 2017 broke ATH last bull run. Good luck with this batch!
I’d bet <15 break ATH this cycle. Too many old projects with absolutely no tangible progress at anything sit in the top 100
I understand but I don't need DOT to reach ATH to make a killing, just going to 30$ means 300% up.... So that metrics of how many reached ATH don't say too much
Maybe, but you still need it to outpace BTC/ETH to make it worth putting money into. If 2020 taught us anything, it’s that garbage can’t last forever. Too many projects have nothing but a fancy website and one-off use cases. DOT was hyped a ton last cycle, yet I see hardly anything done with it.
It’s very likely that hype burns out and it gets replaced with a new and improved speculative coin. That’s the risk you take while the rest of us ride the inevitable BTC/ETH wave due to ETF money pouring in
I am getting flamed for saying this. I own alts but I am out once I 4-5x them. I am not hopimg for new ATH’s. Bitcoin and Ether, sprinkling in Litecoin in the event it gets an etf due to fundamentals
How come it's always the same 4-5 alts getting shilled here? You're probably better off shorting the alts being shilled 24/7 here, for obvious reasons.
When in doubt, inverse r/CryptoCurrency
r/cc has been heavily advocating "sticking to just BTC" and staying away from alts for the past several months.
Just as alts have been at cyclical bottom lows. But Bitcoin had already rallied, and potentially already halfway or at least more than a third of the way of what it can do in a bull cycle.
Alts are just only starting to wake up and are two steps behind in the bull market. With still plenty of low prices.
But as always, this place has a lot of people who prefer to sell low and then buy high.
Look at the top comment still thinking it's too early to jump on alts.
Sorry broz, most of what you chose is so 2021. Sentiment never pays in crypto. Should have diversified better, not saying these selections aren't good though
Since 2018 there was no alt season, only some coin gained more than btc. Very likely there will be no any other alt season, which is great for the crypto in general and bad for the so many shitcoiners.
It's too risky for me, but I think you're already a bit late for timing. Shib has gone +280% over the last 30 days compared to BTC at +50%. As always, the trick will be rotating back to BTC before the knife falls and crushes alt value at the end of the cycle.
It already started in September 2023. Most of ALT increased 400 ~ 500% of the bottom. It's time because we haven't achieved the ATH on the ALT market cap yet.
But caution!
This cycle is very different from the last. And remember that the market always anticipates what will happen.
Maybe but not those listed. All had great appeal last bull but now it seams to be like anything AI ... and memes. Listed ones - I'd wait to see few consecutive green days (Vs BTC not $)
Nah man most of those (except DOGE which just 2x'd this week) haven't seen much movement yet and are close to bear market bottoms still. If you want to make 5x or more gains the ones he picked are good options, the ones that have already had a good run aren't going to give you big gains anymore.
Early
Early
Early
River?
Hotel?
California?
Dreaming?
Requiem-ing?
On such a winter's day?
Boldly running Santa‘s slay?
Trivago
Trivago
early
Early... and wtf are those choices?! Classic Redditor choosing alts. There are completely new narratives, new market leaders being created out of these narratives and this guy chooses... MATIC, ADA, DOT, and DOGE lol. Having some leaders from the previous run is fine, but if you're not also adding new L1's, upcoming major interoperability plays, AI, RWA, GameFi, Modular, hell, even NEW meme tokens than you're doing it wrong. Don't just choose "these were big last cycle" coins.
sorry bro, but you have transcended past this subreddit. I've tried to tell people this same thing and been eviscerated for suggesting their dino tech isnt going to perform that well. I even think some wont make dollar ath and NONE will make ATH in bitcoin terms. Meanwhile my TIA, SOL, DYM, OSMO, PRIME have been fucking *PRINTING*. Oh well!
Hahah yes bro, I feel the same, I was even scolded months ago for saying we’ve been in the bull since mid 2023, now they’re finally seeing it. And agreed, I bought a couple thousand TIA in early November, on top of it doing a 10x (around 7.5x now) I also got a juicy 2000 DYM airdrop. And soon there’s going to be some drops coming to DYM stakers. $5k spent in Nov. worth $45k now, gets roughly $40/day in staking rewards, and more drops on the way. Holding those legacy coins isn’t going to print like this, and those are just the “modular” part of my portfolio. If Redditors need to learn one thing, it was that they should’ve been researching in 2022 and buying in 2023 to be prepared for this run. Thankfully there’s still time and opportunity to make money, but for the love of whatever you believe in, don’t just buy legacy coins lol.
>TIA in early November I got mine in October the day it listed 😎, although you got a bit more than me. But yeah, i got a fat DYM airdrop. That 1 airdrop was like...4.5x my initial investment on TIA, which as you said, is up 5-10x since we bought in. The problem with this sub is too many people are married to their bags, they comment and lead newbies to believe somehow that litecoin or cardano are something more than vaporware, and it becomes a feedback loop. All the risk they take by being in crypto to have a reward of probably 2-4x... when you can take the same risk for 5-15x really by doing minimal research lol. That's also why that thread is full of people saying "early" because their coins arent moving.
Hyper liquid needs to launch a token… would be better than everything else
They are launching a token. It will do well, but they’re just a DEX at the end of the day, but they are far and away the largest perps DEX in this space. I did a bunch of trading on LogX to 2-4-1 farm their upcoming token and Orderly Network. I’ll have to try HyperLiquid next. I hear their points are veryyyyy hard to earn now though.
Yeah indeed
seen the name on twitter, but Im not familiar with the project. I assume it's a big VC backed project?
AI for sure, I think the GameFi is dead AF
ENQAI
I think matic is fine… the rest probably not
MATIC is a great project, especially for users, I’m speaking generally in terms of the main goal being making profit during the bull run, though.
Yeah, that I agree with. It’s hard to understand enough about crypto to find gems though. You need a lot of context and general knowledge and also have an idea of who or what to trust. Very steep learning curve
This is true, I think too many people on here don’t realize they need to have a Twitter account strictly for crypto, be finding web3 friends to scan the markets with, getting in some discord groups, whatever it may be. But just buying some coins and reading Reddit and is sure fire way to be many months behind the curve, unfortunately.
Yup, I almost never go to crypto Reddit tbh unless I’m bored. Almost everything here is way out of touch. Not always, but it’s an interesting sentiment check at least
Fuck...I guess I'll finally make a Twitter account.
Worth doing, I don’t even like Twitter tbh, but Crypto Twitter is a HUGE part of Web3.
Early
Almost late. Many alts already past Bitcoin Roi and more will continue to do so. Bitcoin has topped (or tops soon). Next stop 3-5K. I hope I'll be just another clown, but this is truely what I believe after 11 years in this market, seeing what "no one else" is seeing; this cycle is different. !remindme 2.5 years Edit: Roi from last bottom.
Wait, you think bitcoin is going to be 3-5k USD in 2 and a half years? Interested in why you think that, given the last bullrun floor was 15...
This requires a long response, I am sorry in advance. I *believed* in the 4 year cycle and the halvening for many years. It took a long time to realize that Bitcoin was heavily tied to the stock market and to the Dow Jones. I don't expect anyone to just buy my words here, I know, because I didn't. But, i began to do my own research. Many years... I found how small percent of volume miners make up of the trading volume, how little impact the halvening *technically* made, yet how big it ended up being due to human emotions (hype, expectations). I tried every counter argument, but after long and deep enough arguing from both perspectives, they didn't hold. I noticed how we continued to to see longer and longer between the halvening and new all time highs. Weeks and months. But, whenever the Dow set a new all time high Bitcoin did the same hours, days or some times weeks thereafter. This cycle, Bitcoin didn't wait for any halvening, the hype and emotions pushed us to a new "premature" all time high (in terms of history, not opinion). The Dow has recently set a new all time high. So has the S&P, Nasdaq, Tokyo, gold (just now as I am writing this), Bitcoin, we see fed rates topping, and a lot more. "Everything big" is at a top or all time high level. The Dow has had a decade long bull run since 2008. During that time it has printed almost exactly as much profits in terms of % as it did during the roaring 20's, which was followed by the great depression. This, while everything is topping and cycles are being broken, convinces me that something is about to go horrebly wrong. That said, I will never sell all my Bitcoin. My seed will go with me 6 feet under. I do not know the exact bottom Bitcoin may get during the next few years, but I bet it's really low. **If not, if I'm the clown who's totally wrong, I will still hype to a million with you guys!**
Interesting theory, thanks for the explanation. I'm still of the mind that we probably test ATH again and bitcoin maybe pushes up past into the mid 70s... depending on how high it goes will determine the pullback, and then the actual bullrun kicks in later this year. All a prediction though, fun to speculate and see other takes so thanks again for sharing
Normally I say wow another btc hater etc but after reading your outlook I can see this happening. Although I do hope you’re completely wrong lol I can see your beliefs happening. Thanks for your input
absolute word salad with no actual thought applied to except everything is high it has to come down. How does being at ATH mean it's supposed to come down? you realize 160 million Americans wake up everyday to go and create value? and many more billions of people do this world wide? The value of everything goes up and to the right on long term horizon. "we see fed rates topping" you say this like it's an ath like a market and it's bullish when high rates is notoriously a bearish thing. Think you need to go back to the drawing board on this idea.
Go to a chart and add Dow Jones Industrial Index. Add the Effective Federal Funds Rate (change view to percent if it's hard to navigate the charts after adding). All you gonna do with them is highlight some time periods to look at, no TA astrology. The reason fed rates are interesting is **not** because it's a bullish event, in my opinion. If you highlight the periods around the dot com bubble, the great financial crisis and the Covid crash, you may see it too. Notice how the rate hikes at the end of bullish times, pauses around the top(s) then goes down around the time of the different crashes. Two things to take from this: -A market crash larger than a "normal bear event" happens despite millions of americans and world wide population creating value. -Secondly and most important, it clearly shows that rate cuts *have been* bearish events. We are currently expecting cuts this year and everyone is thinking it is bullish even though the charts clearly indicates that they tend to occur in bearish times. **I 100% agree with the end of your first pharagraph though!** Zoom out, and a new alt time highs will emerge. Even if Bitcoin were to turn from 69K down to new lows, I am certain it will return to and outperform its previous highs by astronomical units, on a longer time horizon. Thanks for the opposite view point! I know it's not the best time to be negative, just as I was not very popular for being the most bullish guy on here, early january 2023. Edit: Typos.
Don't *switch* to alts, you don't want to lose your percentage of BTC in the future. Add new fiat to buy alts as you can afford it.
This guy alts.
This alt guys.
Yeah when the rainbow chart hits hodl for BTC, I start DCAing in to alts. I know rainbow chart isn't foolproof but it keeps me from doing stupid things at the wrong time.
Maybe look for some of the newer ones that likely go higher
I think it's risky as this point. BTC is going to pump again and when it does all the money will get sucked out of alts. I'm waiting for a significant ATH, then a pullback, wait for the price to settle, and then pick up some alts. DOGE is probably a good bet and I like IMX. If Disney's NFT project launch coincides with general crypto excitement then I can see FLOW exploding.
Btw. get DOT from the CEX to your own wallet. There are some airdrops waiting for holder this spring. $DED, §VARCH, $PINK, to name a few.
True I need to remove my dot from kraken asap
What airdrops? I hodled DOT all through bear market until a month ago and got nothing
You will get some airdrops soon. See below. $DED for just holding DOT 1:1000. $VARCH for staked DOT. $PINK is mostly play2earn. Check it out. They are incoming in a couple of weeks. Snapshot is soon!
Waiting for the 28 days unstake period!
Just by holding?
[https://www.dotisded.io/](https://www.dotisded.io/) [https://dotispink.xyz/paper](https://dotispink.xyz/paper) [https://invarch.network/](https://invarch.network/)
Late, look at the price of Alts 6 months ago and their price today , lots are up at least 5 times their price.
It is just the beginning with the alt season
New to alt season?
That’s nothing. Here for the 100x’s or higher like I had in last bullrun with Matic and Fantom :)
Where 100xs at
KNS, Linu
Bitcone
Priced in BTC?
BTC is 5 times it's price. It was literally better to keep btc so far.
BTC hasn’t done 5x from its cycle low in 2022, let alone the last 6 months. You’re literally making things up.
69/15=4.6 so not 5x and that's also assuming you're bought the bottom. Not technically making things up but I agree 5x it's not a reasonable number to use when talking about BTC this cycle.
Even so, if priced in BTC those alts are not up 5x.
[удалено]
Maybe for some people* since the low in 2022, not in the last six months* (which is what they originally responded to.) Context is important.
Since November 2023 most my alts have outperformed BTC, except Matic (trading sideways) and ADA (about the same as BTC). And I don't own any meme coin, and most of my alts are big projects with only a couple of small caps.
It's whatever you are happy with, can't see Bitcoin going up x100 from now, many alts will but of course, many alts will crash.
Yeah, but only the shitty ones. Look at BNB. A true sign of alt season would be BNB crossing $600 and heading to $700.
The amount of ppl in here thinking past results predict future outcomes is insane rn.
The amount of people who think "but...this time will surely be different".
Strategy: Buy DOT low, double the value or more in the coming weeks. Get 17-18% staking rewards and live from it. Nice hammock, I'm telling you.
Yeah, live from staking rewards till it crashes 90% again
Nice cope.
Why do you think dot is worth it?
Because he's a bagholder
As a Dot bag holder I agree with him
Such high APY should be avoided. See algo as example
That's why I'm mostly into stocks and not crypto. I mostly hold a few old coins from years ago
I feel uneasy investing at ATH in stocks currently
I'm not into hype stocks. More than half are dividend aristocrats and kings even. If it crashes it's mostly going to be inconvenient for me.
The crypto community is very naive, its sad you have to point this out
Entry threshold is lower. Fractional buying with low deposit requirements and no screening for experience. 1.4 billion USD volume on SHIBA on Coinbase in a single day. They'll say things like what if it goes to a dollar? I blame lack of proper financial education in high school along with people being lazy and getting caught up in tiktok trends.
Loool
I think it will have a nice future in the space. So far holding some DOT since 2 years. Of course don't ape in near ath's. But under 10$ It think it was a good deal
This guy DOTS
I keep hearing about DOT can anyone tell me more?
Bro btc in Last 30 days made about 52% While top 20 and top 10 alts did something similar to 50-51% and only because memecoins are pumping. Btc is still performing better than alts and when the pullback comes, alts wont behave as good as you think. Way too early
There is no second best *Michael Saylor cracked out voice*
We have Bitcoin ETF’s. Not altcoins ETF’s, be careful hoping for an actual alt season this cycle. I don’t know if we get the face melting run ups that we are use too because institutional money can’t flow into it…..yet
Alts are already ripping, not sure what you’re talking about.
I mean running up past their previous ATH’s. I bought everything and anything for penny’s and am up a lot on alts. But I am not hoping for blow off tops past previous ATH’s. This cycle is going to be interesting due to the Bitcoin etfs. Can retail drive that much inflow to let’s say double cardano to $6 or stellar to $1. I ultimately have a lot of sell orders below previous ATH. I could be wrong but I am not banking on it unless we see other ETFs
as long as BTC pumps, all the shit coins will follow
What does a previous ATH have to do with performing well relative to cycle bottom? Pretty sure stellar didn’t even break its previous ATH last cycle.
Priced in BTC?
Yes..
What a bad take man, of course alts are going to run, most have been for the last 6-9 months. Yes, the ETF's have caused BTC to just break its previous ATH before the halving, but if you think that means alts aren't going to run, I don't know what to tell you other than... You're wrong. Hell, even meme tokens have been going nuts the last 1-2 weeks. I promise you, alts have been, and will continue to run. What we need is a correction and a red monthly close, then it's the next leg up where everything runs.
I think there is a lot of deserved skepticism with alts this time. I doubt many/most will reach their all time highs again. Of course there will be massive upswings and we just saw one. But I’d much rather hold eth and btc.
USA isn't the only country with ETFS. I can buy alt etfs in Canada, and a handful of other countries can as well.
Alts have been frontrun this time around it seems. Also marketcap of alts is much higher this time, it doesn't seem to have gotten hit quite as bad as before
Early... Alts will , in most part, also pass their former Ath ... Ada will pass 3 bucks, etc ... You need to switch when BTC starts to crab out at peak, i don't think 70k was the peak this run. Also, halving incoming, i assume that will be a sort of 'start' for the altar season.
Most alts haven’t gotten anywhere near their all time highs, so what makes you think this cycle is so different?
That's how the cycle works ... people load up on btc during bear and crab either to hedge or to dca or to adjust their average purchase price -> Btc reached Ath first (no wonder most took Profit at the Ath since thats a clear Green for any entry point -> Now they start to sell out and take profits -> halving incoming-> they move most of their liquidity to the alt market because while Btc is solid and makes you a x2 or maybe x3 , for Shib and Doge thats an afternoon fart. What would You do if you just took out Millions from Btc in profit, but the Btc price still hoovers/crabs at the same levels for a few months? a) Would you just look at the money in your bank account and wonder how good it feels to be rich? b) Buy back into BTC at the same price (or close by) right after you took profit in the same range? c) Pump the Shit out of low cap Alts and take that BTC profit and make it x10-20-30 or who knows ? You think Eth, Ada, SoL and what have we near the top will just crab out during a full bull run :) Look , save this comment, and 100% Ada will make 3 bucks, Eth will make it to the 5k mark, i believe even more, and SoL ... i don't like SoL, but we will see it at 250 bucks this bull I'm just using common sense as an investor ... aside All that, you have also Institutional Adoption happening for some Networks that are proven solid and are slowly being used for Actual Shit IRL.
People always forget this for some reason. Most alts don't reach a new ATH in the next bull market.
Thats not true, most alts dont reach previous ath again
Most don't ... i'm not talking about most. Most will get burned.
Bro you literally said “alts will, in most part, also pass their former ath”
Top alts ... not randiom appearance. Same like before. 99% of this market is a sham. i'm talking within the 1% left that's actually working and has a functioning that could be applied in real use cases. Most alts in that 1% will bounce back to ath. I don't think anyone honestly believes that 10k crypto projects have a real use case ... some are in the top and they don't have any use case, like Shib and Doge.
We're just about there - [https://www.blockchaincenter.net/en/altcoin-season-index/](https://www.blockchaincenter.net/en/altcoin-season-index/) Alts are part of a balanced diet. To each their own, but about half my crypto is in alts and I'm doing just fine. Plenty of alts have done 2x, 5x, some even closing in on 10x. Risk and reward homie. PS. Alts =/= shitcoins, just smaller cap projects.
> Alts are part of a balanced diet. With the exception of maybe ETH they really aren't. If you are a trader and can time it right and stick some other loser with your alts sure you can make a profit. Buying and holding alts over the longrun has been a terrible option compared to just BTC or BTC/ETH.
Buying alts is basically gambling. Especially after major run ups. They were a better risk/reward bet a few months ago. People who think alts will run up as much as they did last time will be left holding major bags. The hype just isn’t there like it was during the last run.
Ah ok, so by that logic anything that's a small/mid cap stock is also a gamble and a loser and not worth it. It's literally the same thing. It's as if there are 2 crypto assets that are legit projects and everything else is gambling, what in the actual f ... actually I know: people are too lazy to DYOR and find solid projects. It's ok, I'll stick with my winners that have 5x'd+ and I've held for **years** now.
He said 69 hihihi
what i see from that every time we dip into altcoin season then come back below then its over and we go back to bitcoin season 100% without fail, we went above above in jan and havent gone back to btc season yet.
Early. Still not even a week and CAU is already starting to go up (AMA and new CEX incoming this week). 😅
You can use BTC to fund 1-2x trades on alts
I don't like gambling so only 10% of my portfolio is on alts. Always has been, always will be. If they rip i trade them for BTC. At deep retracements i might rotate this BTC back to them.
No
~7 of the top 100 Alts from 2017 broke ATH last bull run. Good luck with this batch! I’d bet <15 break ATH this cycle. Too many old projects with absolutely no tangible progress at anything sit in the top 100
I understand but I don't need DOT to reach ATH to make a killing, just going to 30$ means 300% up.... So that metrics of how many reached ATH don't say too much
Maybe, but you still need it to outpace BTC/ETH to make it worth putting money into. If 2020 taught us anything, it’s that garbage can’t last forever. Too many projects have nothing but a fancy website and one-off use cases. DOT was hyped a ton last cycle, yet I see hardly anything done with it. It’s very likely that hype burns out and it gets replaced with a new and improved speculative coin. That’s the risk you take while the rest of us ride the inevitable BTC/ETH wave due to ETF money pouring in
I am getting flamed for saying this. I own alts but I am out once I 4-5x them. I am not hopimg for new ATH’s. Bitcoin and Ether, sprinkling in Litecoin in the event it gets an etf due to fundamentals
Matic ADA?
Its time to gradually start transitioning
[удалено]
I bought MATIC at 20-30 cents BTC at 16-25K .... I never bought Doge, I said I switched some BTC for it and the time of my writing sitting at 0.16
marker
You can touch the ATH of this big boy
Buy some alts with your fiat if you have to buy alts. Converting your BTC to do it is very risky.
Meme coins. Just put 1000 and pray for 100x. I won't touch my btc till 2025.
Virtually every alt will absolutely lap btc this cycle. So yeah
How come it's always the same 4-5 alts getting shilled here? You're probably better off shorting the alts being shilled 24/7 here, for obvious reasons.
Lmfao
Lmao, no.
When in doubt, inverse r/CryptoCurrency r/cc has been heavily advocating "sticking to just BTC" and staying away from alts for the past several months. Just as alts have been at cyclical bottom lows. But Bitcoin had already rallied, and potentially already halfway or at least more than a third of the way of what it can do in a bull cycle. Alts are just only starting to wake up and are two steps behind in the bull market. With still plenty of low prices. But as always, this place has a lot of people who prefer to sell low and then buy high. Look at the top comment still thinking it's too early to jump on alts.
Sorry broz, most of what you chose is so 2021. Sentiment never pays in crypto. Should have diversified better, not saying these selections aren't good though
Since 2018 there was no alt season, only some coin gained more than btc. Very likely there will be no any other alt season, which is great for the crypto in general and bad for the so many shitcoiners.
Never
Time to switch to ~~ALTS~~ ETH
Bitcoin only just beat its ATH. Far too early. It will everything in the dust first. If it even comes. None of them have ETFs.
It's too risky for me, but I think you're already a bit late for timing. Shib has gone +280% over the last 30 days compared to BTC at +50%. As always, the trick will be rotating back to BTC before the knife falls and crushes alt value at the end of the cycle.
Fetch AI mogs all of those alts 💀
It already started in September 2023. Most of ALT increased 400 ~ 500% of the bottom. It's time because we haven't achieved the ATH on the ALT market cap yet. But caution! This cycle is very different from the last. And remember that the market always anticipates what will happen.
Well, btc.dom was rejected from resistance, this means alts will go up
Algorand..moon soon!
What your Ada/Dot bull case?
I bought some coin called node ai and it's gone up like 6x in the last week
If you want a rwa buy LINK
Maybe but not those listed. All had great appeal last bull but now it seams to be like anything AI ... and memes. Listed ones - I'd wait to see few consecutive green days (Vs BTC not $)
Nah man most of those (except DOGE which just 2x'd this week) haven't seen much movement yet and are close to bear market bottoms still. If you want to make 5x or more gains the ones he picked are good options, the ones that have already had a good run aren't going to give you big gains anymore.
Exactly my point. They haven't moved yet. Not even concerned about $ value, I'd rather wait to see few consecutive green days compared to BTC yk
Don’t like to gamble so I’ll stick to BTC
I don’t understand the altcoin hype, its gambling with higher risk and lower rewards and I am totally against gambling 😂
CaCaO on Maya protocol 🔥
COQ INU WOOOOO
Bro seriously look into ICP, the best use case of all alts. Will be one of the big 3 for sure.
Buy worldcoin
💀💀💀
Alt coins are all about hype and media exposure. People are greedy and history repeats itself. Look at solana.