So, are we still betting on Q4 bringing an altseason? I believe it might happen, but honestly, I’m not sure how it’ll compare to what we saw in 2021.
We've got just a week left until Q4 kicks in, and this quarter usually does pretty well for crypto. I’m really hoping to finally take some profits from my altcoins.
What’s everyone’s take on this? Do you think we’ll see the peak of this cycle by the end of the year or are some of you leaning towards Q1 next year like others are suggesting?
Hi. Yes, I think we'll see altcoins rise in the fourth quarter. Bitcoin is falling sharply and I think it'll stop somewhere in the middle of the mountain. And during the flat period, we'll see capital flow into altcoins.
A lot of alts have already pumped and didn't you were able to get some profits from the alts that you hold? We don't know if the same ending will be for this cycle as the year ends. If I were you, I'd secure some profits that I am happy with because trying to hit the peak will might even get you to close to nothing. And so, be happy with some acceptable amount that you're going to get from profiting on this market.
Most altcoin hitted their ATH few weeks ago especially exchange based tokens like BNB, MNT and eth. Now the price had retraced back but I'm suspecting to experience another heavy breakout by third week of November to second week of December, that had been the best season for many alt to have a great significance positive changes.
But even if Bitcoin is falling, there's not much movement on the altcoin market. When Bitcoin bleeds, the rest of the crypto bleeds as well. We thought earlier that they might have decoupled already. But looking at the last couple of months movement, it seems that they are back once again and that's why what we are seeing in the current price. Not much has happened to Bitcoin after touching all time high, same with Ethereum.
I don't want to be negative, but it seems that we're running out of time for the altcoin to have it's own bull run. It will have to come from Ethereum and then other coins will have to follow. But it seems that Ethereum has a hard time gaining momentum in this cycle.
No one knows for sure how long we have, it might only be few more months or the peak of altseason might not come until Jan or February.
Ive heard many say lately this cycles altseason has been delayed due to the tariffs earlier this year, who knows.
I am just holding and waiting patiently, I think we will have an altseason, I just feel like its hard to predict when.
Some alts have pumped this year, but many havent and its not until most of the top altcoins pump that we will be in proper altseason.
I took profits on my CRO and Hbar bags , but not much as believe they will go higher sometime between now and end of year.
I think the current crash we are experiencing with altcoins is the last one before we start going up again in Q4 like we saw end of last year.
So, we now find ourselves in this mess with all this manipulation in the last week.
I feel it has set us back a bit but we should still expect a good November / December for our altcoins?
QT is ending and more rate cuts to come next few months.
It doesn't always happen in the 4th Quarter, though. In the 2017-2018 bull run, The altcoin coin seen started when ETH rallied all the way past $1K somewhere in Mid-January 2018 after the Bitcoin price had started tumbling away from its all-time high that happened in December 2017
So right now all eyes are on Bitcoin, will it still keep rising or are we about to see a drop?
I can wait till Q1 , must admit thoughmy patience is being tested lately its been a long few years for us altcoin holders.
I am not sure what the next week will bring but fairly confident that going into November with another rate cut due and CT ending, things should be better in the coming weeks.
Disagreed. The manipulation that happened last week obviously driven us to the big set back. I tell you the truth if many alts or i can even say almost all of alts were touching the new ATL except big mcap token.
Yeah i'm aware there's still hope, but i just being realistic. The current situation is slowly driving us into the conclusion if the only trending alts that get bullish.
Just look at the old alts such as gaming tokens, tap tap tokens, and non trending tokens. They are all trading at ATL, and not even recovered.
That's why i believe this quarter probably our last gambling to the bullish trend for alts.
The altcoin season is most envisioned by many when Bitcoin is already depleting and losing its value and money are being moved from Bitcoin to other altcoin for a new investment after taking out profits from Bitcoin. If that is the case for this season also, then we would have to wait longer and the altcoin season wont happen this Q4 because Bitcoin dominance is still there and the Bitcoin market is not looking to start the bearish run just yet.
Lets see , a lot can happen between now and end of year. I expect us to go down and sideways for most of October but the last week could be a good one with another rate cut expected going into November.
Another morning waking up to BTC and alts falling , what is causing this?
We have 2 more expected rate cuts coming by end of year , QT ending, potential wars ending , US and China meeting soon to sort tariffs out yet markets are falling?
I have a bit of money left to buy these dips but mainly holding now just wondering how low BTC can fall down to before it turns back around again.
One hears a lot hereabouts about the power of bitcoin on the markets, but what about the power of fiat?
I just looked at the one week timespan along the righthand edge of the main CoinMarketCap summary page my bookmarks take me to and notice pax gold and tether gold are up more than 8% over the week.
Could it be that it is fiat that is really crashing and bringing crypto, even bitcoin itself, down with it?
Consider that a lot of folk are dependent upon fiat day to day, so when it crashes a whole lot of people problably need to liquidate better things because of their losses in just plain straight-out non-investment fiat.
So maybe what we are seeing is fiat damaging the investment markets by being such worthless stuff to cash one's investments out to that it devalues the value of the investments one attempts to cash out to it?
A crypto (and other investments) bank-run caused by a bank-run in fiat value, basically?
-MarkM-
Honestly, until now it's still really hard to determine if we are already in an altcoin season or just about to enter one. This is especially true now that Bitcoin's price value is in a bearish momentum, which has also caused the majority of altcoins to crash in the market.
That's why it's still really good to split what we are doing with our altcoin holdings: we should take half of the amount intended for long-term holding
and use it for short-term spot trading activities. That way, we can at least gradually increase our assets.
We can't really predict if the cycle top will happen by the end of the year or in the first quarter of next year because this bull run isn't following past performance, which makes it difficult for people to actually predict what to come. A lot of altcoins have pumped, and for you not to be in profit before the heavy dump happened in the crypto market, that means you didn't invest in good projects. Some altcoins will not survive this period because their liquidity will be drained. If I were you, I would start selling some of my assets so that I won't lose all my money to smart traders and investors.
I was in profit before the dump, around 50% profit now I am only 10% profit. But it will turn around in a week or two as this is just all manipulation to crash the market so the big players can buy cheap.
The longer this dump lasts, the more I believe the top will not come until Q1.
There is a good possibility that it will happen. I know it is not going to be easy to hear this, but it's quite possible for us to have this. We just need to be careful and if we are careful enough then we are going to definitely make that money. Altseason is around the corner, we are nearing the last of the drops, next up could be the big one and we could see a huge increase.
This drop was a bad one I agree, it crashed the market below what we wished to see it, but that doesn't mean that we are going to see this be any different than the last one, last time we had a drop too but then increased. So the expectation is still high, we are going to see an altseason, we just need to wait some more, this month or next month it should happen.
Market Maker Lake seems to be conducting a cleanup, evident by the current rapid fluctuations. While it's time to collect your favorite assets, trading on the spot is safer than trading on features. I'm afraid of MC during the BTC correction, and none of my account funds were wiped out.