What's wrong with ALTs?

[Hustlebuddy]

This is not a doom posts for alts because there are so many examples of people benefiting from them everyday, but you can agree that there's something weird going on with the market.

When BTC was going down it was easy to understand why alts were not really doing well, but even now that BTC recently got another ATH, there was no reaction from altcoins, and it's a but frustrating for people like me.

At this point, it's just my enthusiasm keeping me here, and I really hope we get altseason soon.

 

[bartosimpsonio]

There's always an alt season because Bitcoin saturates and can't go any higher, so traders seek opportunities in coins that have been further down. Watch Ethereum, as soon as it pumps, other alt coins will follow a few weeks or months later.

 

[RichMedusa]

Be patient, it will eventually rise as well

 

[thedivision]

bro altseason isn't even a thing. I been in crypto since btc was 800 dollars, i have had coins on the top 50 of coin market cap go to zero. ALL alts will go to zero when compared to btc. any alt is just a leveraged position against btc. People on twitter circle jerk each other almost like a cult about xyz coin because they are down 500 percent. Every alt is trash, you ride the pump then dump it. If your "in it for the tech" then enjoy you better like it when it goes to zero.

 

[ProxyWings]

Alts are just following BTC with way less upside.

 

[Venusaur]

bro altseason isn't even a thing. I been in crypto since btc was 800 dollars, i have had coins on the top 50 of coin market cap go to zero. ALL alts will go to zero when compared to btc. any alt is just a leveraged position against btc. People on twitter circle jerk each other almost like a cult about xyz coin because they are down 500 percent. Every alt is trash, you ride the pump then dump it. If your "in it for the tech" then enjoy you better like it when it goes to zero.

since you are such an experienced trader, you probably understand that we will not marry those coins, right? I'm buying altcoins to sell at the end of the year, if they will go to zero next year or during the bear market (very likely and you are right about it), i don't care, just sell in profit and move on

 

[CoolerSchooler]

All crypto prices are manipulated all the time, including Bitcoin. The whales use fundamental news to make it appear that "Oh, Bitcoin dumped because Trump tripped", so that the 98% gullible traders think that fundamentals play a critical role.
Understand what the liquidation whales do, in order to make trading profitable.

 

[hellz angle]

because i bought them lol

 

[thedivision]

since you are such an experienced trader, you probably understand that we will not marry those coins, right? I'm buying altcoins to sell at the end of the year, if they will go to zero next year or during the bear market (very likely and you are right about it), i don't care, just sell in profit and move on

Yea nothing wrong with that, i think new people coming into crypto get jaded and hooked into these cult like communities over a shitcoin, i hate to see it. When i first started out i made that mistake and lost 6 btc worth in just alts. This was back when btc was around 7k. I still hold xrp from like .20 cents and SOL i went in and bought spot at 12 dollars. I still hold eth that i mined, Sold some but i manged to mine 90 of them when it was worth it. But now i mostly just add to btc spot bags and i also leverage trade on my breakout prop acccount.

 

[Hustlebuddy]

There's always an alt season because Bitcoin saturates and can't go any higher, so traders seek opportunities in coins that have been further down. Watch Ethereum, as soon as it pumps, other alt coins will follow a few weeks or months later.

I really hope it does, Ethereum is one of the project I actually like, and I'm a big fan of it's ecosystem.

 

[Hustlebuddy]

All crypto prices are manipulated all the time, including Bitcoin. The whales use fundamental news to make it appear that "Oh, Bitcoin dumped because Trump tripped", so that the 98% gullible traders think that fundamentals play a critical role.
Understand what the liquidation whales do, in order to make trading profitable.

I saw something very similar to this on X, and to be honest it's not a concept that has occured to me before the post, but it's something I think about regularly now, especially when price reacts to "major news"

 

[ProfitAdvisor]

Totally feel you on this. Some say it's just delayed rotation, others think the macro environment or ETF flows are keeping the focus on BTC for now (and I'm doing that too).
Personally, I'm staying patient and keeping some dry powder ready altseasons usually come when people least expect them. Hang in there!

 

[sariona]

There's always an alt season because Bitcoin saturates and can't go any higher, so traders seek opportunities in coins that have been further down. Watch Ethereum, as soon as it pumps, other alt coins will follow a few weeks or months later.

I know alt season but I'm not sure we'll see an alt season this circle..I may be wrong but that's how the market is reacting to

 

[tubeboost]

Why there are no reactions from alts?
wld made 3x from its min level.

 

[Allark]

Alts will start to move once ETH starts to move. If ETH gets its run, then alts will fly off. If ETH does nothing then alts will just stay there or dump to infinity. BTC -> ETH -> other L1s -> L2s -> Shitcoins. That's how the money generally rolls over.

But since all the big players are accumulating ETH and BTC, I just can't wrap my head around ETH not starting to move soon. Blackrock and other big players are buying ETH in 10 or 100 mil blocks. Why would the guys who literally control the financial world buy something and then have it do nothing or dump down?
I think they are keeping the price down by keeping retail scared until they have accumulated all they wanted to, and then they just sit back, relax and let retail pump their bags.

Historically when BTC is at ATH or near it, retail interest in crypto is at an all time high with all the taxi drivers talking about why you should buy crypto. Now, BTC is close to ATH and retail interest is almost at an all time low because everyone is super bearish.

If I had to bet on who is right - either the biggest players who control financial markets, or retail investors who yolo their life savings at meme coins that get rugged, my money's on the big players.

 

[SocialHook Media BH]

bro altseason isn't even a thing. I been in crypto since btc was 800 dollars, i have had coins on the top 50 of coin market cap go to zero. ALL alts will go to zero when compared to btc. any alt is just a leveraged position against btc. People on twitter circle jerk each other almost like a cult about xyz coin because they are down 500 percent. Every alt is trash, you ride the pump then dump it. If your "in it for the tech" then enjoy you better like it when it goes to zero.

I feel like this guy, all alts are just leverage against bitcoin. That does not mean you can't make profit out of them, but hodling alts other than ETH for long time seem like a bad idea, as they just come and go.

 

[Birdiemachine]

We have had quite a bit of uncertainty in the world economy during spring due to tariffs and so on. And as alts are far out on the risk scale there hasnt been a altseason like the last cycles. But there is still a good chance there will be, but a rally in ETH is needed for alts to really move. If they allow staking in the ETFs and the market get some clarity on regulation I think ETH rallies and then alts, think this will happen as Trump has been buying quite a lot of ETH through World Liberty Financial.
Its good that the prices of BTC and ETH are as high as they are even though interest seems low outside of the crypto community wich makes it primed for a good rally.

I really hope this happens as Im positioned for it.

 

[Nut-Nights]

Nobody trust alt coins anymore. People buy alt coins for gamble and short term gains, that too new meme coins. Also many people have burned their hands by investing in them. I myself lost of lots of money in Cosmos coin. Now my 95% invest is in BTC & ETH.

 

[gintsu]

BTC will always lead the way for market sentiment, that’s exactly what we’re seeing right now - BTC is currently still around its all time high while many alts are still hovering around their lows. Alt season should still come, it’s just a matter of time till BTC dominance tops and that’ll kick off alt season.

 

[ricksonchickson]

btc is too inconsistent for now to get alts go sky, as you see today btc dropped at every alt felt it 5x more