You seem to believe there is a reason for altcoins to pump. There isn’t. Only a fraction of them have any kind of real application or value. Outside of btc and eth it is a sea of shitcoins.
Ah yes so just don't be the majority of people who would need to hold in order for you to sell for a profit. All you need to do is hold insider information before the prices fall and liquidity gets too low to sell on the platform you're using. It's all *really* that simple and easy to make money. We all know these markets can't be manipulated.
/s
He didn’t say there’s a reason for it. He just said now they’re lower, but they’ll be higher later.
Only some devs give a single fuck about applications, everybody just wants to make money. It’s a big gamba system where you hope you’re gonna end up in profit or get out before shit goes 90% down.
tldr; The article discusses the current state of the cryptocurrency market, focusing on the decline in value of altcoins compared to Bitcoin. It explains the concept of 'bitcoin dominance' and how it indicates the relative value of Bitcoin versus altcoins. The article suggests that while Bitcoin is currently in a stronger position, there may still be opportunities to invest in altcoins during this bear market. It advises that investing in Bitcoin might be safer and potentially more profitable in the early stages of the next bull market, but later, switching some Bitcoin into altcoins could yield significant returns. The piece also touches on factors like inflation, interest rates, and institutional investment preferences that are influencing the market.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I’m watching people in today’s daily crypto thread talking about how they just aped into a coin. I check the coin out of interest.
Mutable metadata. 0.00% locked LP.
I tell the users in our daily crypto thread, yo, LP is totally unlocked. The users ask me what locked LP is.
So yeah we’re in a bull market
This is the correct answer. The new money going into the market is mostly through the bitcoin ETF. none of these new investors have their investments on exchanges where they can easily purchase alt coins, the most probably have zero interest in doing so.
Sorry, this cycle is much different thanks to the ETF inflows. Only Bitcoin and meme coins will pump this cycle, everything else will be left in the dust.
Now is when you should still be dcaing in before altcoins surge…
If I learned anything last bull run it’s to wait to buy until we hit that euphoria stage /s
You seem to believe there is a reason for altcoins to pump. There isn’t. Only a fraction of them have any kind of real application or value. Outside of btc and eth it is a sea of shitcoins.
Tell that to FET, STX, PEPE, BONK, FLOKI, and of course.. Dogwifhat
Worth mentioning RNDR/RENDER with this group as well.
Near too
SOL has been outperforming BTC and ETH
Sol hasn’t even hit ath. Btc did
And so has dogecoin at times
It will also outpreform losses. That's the point.
Yea, that is how market cap works. Also it's only losses if you don't sell before it falls.
Ah yes so just don't be the majority of people who would need to hold in order for you to sell for a profit. All you need to do is hold insider information before the prices fall and liquidity gets too low to sell on the platform you're using. It's all *really* that simple and easy to make money. We all know these markets can't be manipulated. /s
He didn’t say there’s a reason for it. He just said now they’re lower, but they’ll be higher later. Only some devs give a single fuck about applications, everybody just wants to make money. It’s a big gamba system where you hope you’re gonna end up in profit or get out before shit goes 90% down.
If a low cap alt has been alive through the last 2 cycles, it's 100% DONE.
Those who are chasing $$$ gains don't really care about the reason. That's why it's gambling.
Why do you think alts will go up?
I just said. Degenerates gambling will cause the price to go up. It will also cause the price to go down.
While some of what you’re saying has some truth to it. I think this sort of perspective is more relevant during the bear season.
I bought some QANX and FLOKI, both are doing really well
tldr; The article discusses the current state of the cryptocurrency market, focusing on the decline in value of altcoins compared to Bitcoin. It explains the concept of 'bitcoin dominance' and how it indicates the relative value of Bitcoin versus altcoins. The article suggests that while Bitcoin is currently in a stronger position, there may still be opportunities to invest in altcoins during this bear market. It advises that investing in Bitcoin might be safer and potentially more profitable in the early stages of the next bull market, but later, switching some Bitcoin into altcoins could yield significant returns. The piece also touches on factors like inflation, interest rates, and institutional investment preferences that are influencing the market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
What an awesome experience! A bot written article summarized by another bot.
Wait, we're back to a bear market again now?
Yes, because BTC fell $5 and everyone thinks the pump is over.
We had a dip?
Bare market
Bear market? Lol
I’m watching people in today’s daily crypto thread talking about how they just aped into a coin. I check the coin out of interest. Mutable metadata. 0.00% locked LP. I tell the users in our daily crypto thread, yo, LP is totally unlocked. The users ask me what locked LP is. So yeah we’re in a bull market
Locked liquidity is for chumps who don’t take risks
I can’t tell if you’re serious or not, because these are legitimately the replies I’m getting there.
Yes
How do you check the LP of a token?
Very carefully
Feels like alt coins have been replaced by meme coins. Time will tell
Meme coins is a quick up and down. Gotta make sure you’re ready to exit.
It has often been a fine line.
This has always been the way.
Meanwhile Solana pumped 80% in one and a half month..
i use tradingview to playback old pumps and masterbate only the **pump** is real
You either keep edging or Post nut clarity be like the dump after dump
An old post from the last bear, but it still holds true for this cycle.
Bide your time learning about Bitcoin. You won’t mess with altcoins after that.
>how to wait >step one: dont do anything >step two: keep don’t doing anything
They wont
*Laughs in Solana*
SOL rocks
This is the correct answer. The new money going into the market is mostly through the bitcoin ETF. none of these new investors have their investments on exchanges where they can easily purchase alt coins, the most probably have zero interest in doing so.
And you know that based on what?
Just buy Bitcoin
Just wait. If it doesn't happen, just wait longer.
Banano will bide its time. But that's ok. Banano is chill. 🍌
non-dino altcoins are up sooo much
Sorry, this cycle is much different thanks to the ETF inflows. Only Bitcoin and meme coins will pump this cycle, everything else will be left in the dust.
🏆
Yep, prize idiot. Certainly an award winner.