Are We Seeing the Start of an Altcoin Boom?

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SwiftChadMember
Posts: 9 · Reputation: 105
#1Apr 9, 2023, 08:50 AM
Heard a saying that when big liquidations happen, altcoin season kicks off. Now that we've had a major dump, is it time for altcoins to rise?
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fewunderstandLegendary
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#2Apr 9, 2023, 02:43 PM
Gotta be careful. Just because we had a liquidation doesn’t mean an altcoin season is guaranteed. Past events don’t always repeat. It’s all about the current market situation.
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nick.chadSenior Member
Posts: 41 · Reputation: 1258
#3Apr 10, 2023, 12:37 AM
Not sure it’s wise to predict this just yet. Altcoin season usually follows Bitcoin’s rise, and right now, Bitcoin doesn’t seem like it’s ready for a major surge.
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greg2015Legendary
Posts: 258 · Reputation: 5547
#4Apr 10, 2023, 04:25 AM
Honestly, I think we've already entered altcoin season. Stop waiting for signs because some alts are already moving.
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mr_apeNewbie
Posts: 401 · Reputation: 35
#5Apr 10, 2023, 07:29 AM
Yeah, but many are just gonna end up buying at the wrong time. It’s risky if they think they’re catching the perfect dip.
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MadForkMember
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#6Apr 10, 2023, 08:04 AM
This is new to me. I thought big sell-offs pointed to bear markets, not altcoin pumps. The last real altcoin season was like in 2017 when Bitcoin was on fire.
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#7Apr 10, 2023, 06:21 PM
Every dip is a chance to buy! Old alts like LTC and XMR often bounce back quicker. Historically, October’s rough but November can be bullish.
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the_satNewbie
Posts: 255 · Reputation: 6
#8Apr 10, 2023, 11:42 PM
True, but not every liquidation should signal an altcoin season. Trading’s unpredictable, and if that was the case, everyone would be winning all the time.
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eric23Newbie
Posts: 37 · Reputation: 29
#9Apr 11, 2023, 03:32 AM
Yeah, Bitcoin needs to show some upward movement first. Without that, altcoins won’t have the support they need.
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s3ed365Full Member
Posts: 44 · Reputation: 391
#10Apr 11, 2023, 04:38 AM
Liquidations might help clear out weak traders, but they don’t mean altcoins are safe. Sometimes Bitcoin just drags everything down lower.
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0xGasMember
Posts: 292 · Reputation: 52
#11Apr 13, 2023, 02:02 PM
Not many altcoins will survive this drop. Bitcoin’s gotta hit new highs for the altcoins to have any chance of lifting off.
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nick.chadSenior Member
Posts: 41 · Reputation: 1258
#12Apr 13, 2023, 06:54 PM
I’m waiting for that altcoin season too! Just hope the coins I’m holding aren’t dead weight while I wait.
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block2017Senior Member
Posts: 19 · Reputation: 852
#13Apr 14, 2023, 12:19 AM
Every dip is good for stacking more coins, but you can’t expect every drop to lead to an altcoin season. It’s risky, so I stick with major coins.
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maxorbitMember
Posts: 177 · Reputation: 162
#14Apr 15, 2023, 08:45 AM
Yeah, even with big liquidations, I’m not convinced we’ll see a rally soon. Just how much lower can altcoins go?
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greg2015Legendary
Posts: 258 · Reputation: 5547
#15Apr 16, 2023, 01:22 PM
Exactly! The liquidations might just set the stage for more drops. Altcoin seasons usually need Bitcoin to trend up for a while.
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planktonHero Member
Posts: 1284 · Reputation: 2049
#16Apr 16, 2023, 01:54 PM
I think we might already be in it. Some alts have pumped, but who knows if it’ll last or if another drop is coming.
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4tlas07Member
Posts: 25 · Reputation: 123
#17Apr 16, 2023, 06:01 PM
We need more than just liquidations. Positive market sentiment is key for altseason, and that’s missing right now.
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0xGweiFull Member
Posts: 43 · Reputation: 310
#18Apr 16, 2023, 10:07 PM
Doubt it’s gonna happen. Stablecoins are taking the liquidity, and folks are less likely to risk it on altcoins like before.
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CalmProtoNewbie
Posts: 12 · Reputation: 35
#19Apr 17, 2023, 03:34 AM
As some said before, do your own research! Altcoin movements aren’t predictable, and relying on Bitcoin is essential.
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maxoracleMember
Posts: 352 · Reputation: 74
#20Apr 17, 2023, 07:02 AM
Crypto's all about speculation. If you don’t research, you’re lost. Altcoins can’t always keep up with Bitcoin, and you gotta be ready for surprises.
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