ALT

Electronic-Still6565

I really think we will see some clearing of the ALT scene. As always, who knows....

Proverb313

you do solo BTC 100 bucks, and I do any ALT I want. You can choose it for me doesn't matter. 6 months

CryptoScamee42069

As a prolific ALT investor my greatest argument against ALTs is: *checks portfolio*

jwz9904

not ETH though, isn't ETH the ultimate ALT?

Extreme_Nectarine_29

This could be the beggining of **THE ALT SEASON**

ElPeroTonteria

ALTseason isn't dependent on BTC stagnation... frankly, ALTseason requires BTC upwards movement. BTC making its bull rally is what drives the mania of ALT season.

AppleSalty2916

Waiting impatiently for my ALT's to moon so I can retire. (I'd be happy to just get back to break even)

Angustony

That's the logic that the whole crypto market is built on. Time and time again we see the old top ALT coins never again achieving their old ATH prices. Nowhere near them. Those ALTs all seemed like a great idea at the time, and they certainly paid out handsomely for some of the investors, but most of us, the vast majority, are just left holding bags of coins worth less than we paid for them. Give it a cycle and you'll be saying exactly what I am to fresh blood. If "BTC might double at best" over 4 years isn't good enough for you, you're being a greedy fool. Not to mention that there has been no bubble bull run yet this post-halving, and yet I'm still sitting on x3 on my BTC from 4 years ago. 300% growth after a crypto winter over 4 years is a stupendous return on investment. Not like my top ten ALTs, six of which are showing a loss, one is up 20% and one is up 80%. None of them compare anywhere near to my +300% on Bitcoin. I wish I'd gone all in on Bitcoin.

ancient_check_king

You can just set up a Hotkey, like ALT with currency key + a number = a crypto symbol. Just like ALT Code keys

ancient_check_king

You can just set up a Hotkey, like ALT with currency key + a number = a crypto symbol. Just like ALT Code keys

Electronic-Still6565

I think FET is one ALT token worth holding onto. Convert everything else!

LostSoul1985

Truthfully the whole market is overvalued significantly, still. It was put into creation for various reasons but has not widely been adopted as a means of exchange, a store of value at all. Effectively an illusory overvalued commodity in cases - specifically a reference to some of the literal worthless ALT coins out there. Yes some coins have creditentials as a commodity such as BITCOIN. Estimated overvaluation of the Total crypto market, is insane. 2 TRILLION on an illsuory non functional currency....insane. M (The Actual NUTTY Professor) It will crash at some point...not just dip... Have an incredible day. Ps. Bet on God

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No clickbait or misleading titles. Titles should accurately represent the post or link content. Titles and posts must be in English. No URLs in titles. Use correct spelling, grammar, and punctuation. For example, "LeT ALT SeAsOn BeGiN!!!" is an unacceptable title and will be removed. You must flair your submissions and use the most appropriate flair. See our Expanded Rules page for more details on this rule.

sortofhappyish

Cancels ALT season. Hopefully BTC will SHIFT upwards. So I can have CTRL over my finances

JerryLeeDog

Yeah but, this happens to all ALT coins They all have the same fate

biba8163

- Sept 2016 to 2017 top = 33X - Sept 2020 to 2021 top = 7X - Sept 2024 to 2025 top = 2X? BTC did 33X from this point in 2017 cycle. That when we had a real ALT SEASON. Look at this chart in 2018. 65 out of 150 coins are up 100% to 350% or more in 1-week. https://coinmarketcap.com/historical/20180106/ 2021 was already very selective and mild. This time around, if we get to $100K range that's not a lot of profits to flow into Alts. Plus, people become more and more hesitant to gamble the little BTC they have as they become more and more priced out of a full, half, quarter or whatever fraction of BTC they accumulated. Alts only hope of price appreciation is hoping BTC profits flow into it. People holding -80% to -95% losses hoping to do 5X, 10X, 25X on previous cycle alts are mostly screwed especially considering there are thousands of more alts.

nothingivesaidistrue

You can hold onto BTC for a decade and still be vastly in the green. You can hold onto an ALT for a decade and it's all gone (probably long ago). Nothing personal, just market things.

biba8163

> And it's not that all alts are following the same trend. SOL/BTC for example is much stronger, Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. ETH is just following the long term trend of every ALT. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern long term. | | Initial | High | Current | |:-----------|------------:|:------------:|:------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC SOL will be no different. It's a hyped Alt. It's going to reach saturation at some point and if it hasn't already begun it's going to be a continuous long term trend of losses against BTC. It'll be difficult to know when because of short time frames of out-performance. If you want maximum gains in crypto, you're either in BTC or rolling gains from Alts into BTC before they bleed out.

CristoOfCrypto

$8 can't even buy you a cheeseburger in today's world. So if you are serious about investing in crypto for the future - find a part time job and invest half of what you make doing that job into the market. Buy Bitcoin for the first year straight away and once you get more than $500 invested then you look at trading the Alts. Always measure \[ALT\]/BTC as that will show you the trend for that coin gaining more Bitcoin per unit time. Never measure \[ALT\]/USDT when Bitcoin is in a bull market - as you can win USD but lose BTC. Hope this helps and best of luck to you!!

biba8163

> My bag full of alts is tired boss - Do you know that only a handful of Alts make ATHs again the next cycle? - Do you know that there has never been an ALT that has made ATH in 3 cycles? - Do you know that most Alts reach 20% to 60% of their ATH in the 2nd cycle and then bleed out to oblivion? - Do you know that long term, every Alt loses out to BTC? - Do you know that you almost never make back money the same way you lost it? - So who is forcing you to hold Alts?

Oliver84Twist

This. BTC has a high beta - meaning when SPY goes up, it goes up more. SPY goes down - we go down more. ALT coins have a high beta versus BTC with the same relation.

Common-Tomato4170

If it's an ALT coin and has seen a prayer Bull run it's probably irrelevant. There's Bitcoin then there's everything else. Everything else is good for one cycle your best off finding the new coins

mazda7281

Looks like we found the bottom for ALT coins.

Thistlyn9

Buy it all the way down to zero, that’s a real power move. But of course, it’s never dying like ALT coins 😎

_Commando_

Bull market is done for, this has been such a weird bull cycle that we barely made a new ATH and that's it. Very little to no ALT season either. Maybe next cycle is better.

_Commando_

Bull market is done for, this has beed such a weird bull cycle that we barely made a new ATH and thats it. Verly little to no ALT season either. Maybe next cycle is bettee.

MegamanZ23

BTC don't skip leg day but the ALT Coins do 😉😉

gsnurr3

ALT coin shenanigans

RasberryWaffle

Absolutely right. We’ve just reached the halfway point in the cycle. Selling now would likely result in a loss. If history repeats itself, this third cycle should go parabolic within the next year or two. Avoid buying ALT coins unless you have diamond hands and a solid understanding of how these cycles operate.

MrWorkout2024

Retail has no money for the market this bull cycle so I we happen to have any bull run or any ALT season it will be a dismall one at best.

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No clickbait or misleading titles. Titles should accurately represent the post or link content. Titles and posts must be in English. No URLs in titles. Use correct spelling, grammar, and punctuation. For example, "LeT ALT SeAsOn BeGiN!!!" is an unacceptable title and will be removed. You must flair your submissions and use the most appropriate flair. See our Expanded Rules page for more details on this rule.

Lewis_0683

Possibly but I think most people are under the impression that more is to come from BTC with ALT season

BraveAssignment6407

I think whatever you are doing is a good idea. In ten years time leave alone 20 BTC will be more valuable that it is now. Meaning you will afford to pay your loans and make other plans happen, but only if you buy BTC or good ALT coins that will be around by that time. However if there is a way of getting huge amounts of money even if it means DCA using your salary for the next 6 months, I would greatly prefer that over loans

throwaway92715

Yes. Always a good idea to check the <ALT>-BTC charts.

DisastrousPoem4370

I would do some in BTC and some in others, you want what will be the next BTC. think about it, if u bought one coin for 60k and it goes to 100k, congrats you made 40k but what did the cash on cash return? You paid more than you made but if you bought solana, 50k worth then get 325 coins and at that goes from 155$ to 300$ this cycle, you have doubled your money..in essence made as much as you invested so that's a greater return than BTC. some are saying solana will go up like 600_900$...Idk, I bought a bunch when it was around 11_25$ so I'm already in the money with mine...I think you'll get a greater return with ALT coins versus BTC personally...I think being diversified is key but for big gains, go alts...good luck whatever you decide..just don't sit on cash, its losing value at the rate we print money lately

Dazzling_Lime2021

ETH/BTC dropping, Benjamin Cowen says the low might be in if it doesn't go any lower by the end of the year. 2025 could finally be the year for alts, looking at ALT/BTC charts to see which ones are holding up.

MachinimaGothic

MATIC is so dead. I bought few alts when BTC hit the bottom. And guess what i lost on matic anyway. It was the only project which didnt make any profit. Its a sinking boat even didnt react that much during the ALT pump in march. Compare this to FTM,AVAX or Solana

MachinimaGothic

I dont know what to recommend you I changed my positions to BTC in June. And I wait for ALT season. You should do this earlier. Never ever sit with alts longer than you should or you will be screwed. In october/november should be expected pump. I am not sure if its already to late to swap to BTC

MrWorkout2024

Use discretion if we have an altcoin season this year it's probably going to be on a lighter side because retail and a lot of people don't have a bunch of money to blast into the Alt coins so if we do have an ALT season which we probably will towards the end of 2024 to mid 2025 part of next year it's going to be a light ALT coins season and I don't think it's going to go parabolic like years in the past so use discretion.

Angustony

You could do what I did last year, get rid of all the ALT shit in exchange for BTC and chalk it up to experience. If I'd gone only with BTC since I started 4 years ago and not touched any ALTs I would be up considerably more than I am. ALTs require far too much luck and market timing. When do you sell them? Up 100%? 200%? Down 80%? Down 30% as they are today? My BTC is up 168%. I'd have far more BTC if I'd just put my money straight in there.

njamimaranga

You have WIF . you bought WIF at $4 in March and it's currently $2 now . The percentage LOSS is 100% Loss / current price x100 And if WIF goes from $2 to $4 that's not 50% but 100% Most ALT Coins are down more than 150% . It's only BTC and TRX that are maybe 30% down

4biddenpleasure

Wait. ALT season yet to begin. BTC is still dominant.

MrWorkout2024

Tell me you are new at crypto without telling me you are new at crypto! Lol! ALT season has not started yet and the bull run will happen towards the end of 2024 to early 2025. We will absolutely have a bull run just later in the year to the early part of next year. Normally after the halving it takes 6 to 10 months before the bull run based off previous years. We are no different now.

biba8163

- Triple Halving - Deflationary - Supply Crunch - Ultra-Sound Money - Flippening ETH shills really pushed this narrative hard the past few years. Gentle reminder that ETH is an ALT. BTC is the prime mover that dictates the market. > A "triple halving" scenario for the flippening in the next few years https://np.reddit.com/r/CryptoCurrency/comments/ou82lw/a_triple_halving_scenario_for_the_flippening_in/ > The Ethereum triple halving and why ETH will easily overtake BTC in marketcap > If the developers are correct, and it has the perfect desired "triple halving" effect they're after... ETH could reach a maximum of $2300 x 7.2 x 3 : $49,680 in the ensuing cycle https://np.reddit.com/r/CryptoCurrency/comments/p5m9eq/the_ethereum_triple_halving_and_why_eth_will/ > This dude wrote a 77-page paper on how Ethereum could reach 150k USD before 2023 https://np.reddit.com/r/CryptoCurrency/comments/pisxyb/this_dude_wrote_a_77page_paper_on_how_ethereum/

biba8163

> alt season ALT Season was something that was labelled in 2017/18. People who only experienced the 2021/22 bullrun, really did not experience a true fabled ALT Season. Look at this chart in 2018. 65 out of 150 coins are up 100% to 350% or more in 1-week. https://coinmarketcap.com/historical/20180106/ It didn't matter what you were holding, you were up absurd amounts. The market loved all shitcoins indiscriminately. *That was ALT Season.* As Bitcoin goes higher and higher, it becomes more precious, its returns become more conservative and it becomes more difficult to re-accumulate if you gamble on Alts. You will see even smaller pumps, in a smaller number of Alts -- especially with 25,000 to choose from. I commented this in 2017 when 1¢=265 sats. Now we've reached 1¢=15 sats. The USD has lost massively to BTC in value in that period. Almost every single ALT save a few have done even worse. People who bet on ALT Season instead of betting on BTC, generally never recover. > I check the satoshi price quite frequently, because when 1 satoshi = $0.01, then that is when 1 btc = $1 million. You can see how close we are to that point by checking the price of satoshis per penny. It is awesome to see that number drop! Can't wait until it's 1 instead of 265. Hey, we dropped 15 in the past week -- at this rate, we'll be at $1 million btcs in 18 weeks. (Not that I expect to maintain this rate.) https://np.reddit.com/r/Bitcoin/comments/6t8zik/1_265_today_yesterday_1_280_satoshi/dlitapk/

biba8163

My point is, investing in ALTs is an almost guaranteed way to lose money. And out of the thousands of ALTs, people almost always pick the wrong ALTs for the new bullrun and/or ALTs have a short pump/dump window to make money. In 2019, /r/cryptocurrency was picking these ALTs which are all down massively or dead. > IOTA, ICON, Vechain, Nano, NEO, BCH, DragonChain, Factom, Zilliqua... https://np.reddit.com/r/CryptoCurrency/comments/au3j49/only_the_strongest_will_survive_the_great_altcoin/ > during a full on bull run btc dominance decreases every time What is your point? Probability is that it doesn't mean shit for the ALT that your're holding. If you look at this time in 2020 a couple months after the halvening, out of the top 100 coins: - a handful of ALTs that outperformed BTC in the bullrun - most of those ALTS had a short window to sell them before they dumped again - most of those ALTs are down again big time, most will never recover Most of the newer coins that did insane pumps were like in the 200s, 300s or lower in rankings with tiny marketcaps or weren't even available like SOL, etc. Now there are like 25,000 coins and you think you've picked the one to pump when BTC domoinance decreases every time. There is a reason you see people commenting here who have been in multiple bull run cycles and still lost money.

_TheWolfOfWalmart_

$1 KAS = retirement WEN ALT SEASON?????

biba8163

BTC dumping makes ALTs lose all their use case and utility. BTC is what gives an ALT with a whitepaper Billion dollar marketcaps.

biba8163

The risk-reward for AltSeason is greatly diminished as Bitcoin climbs higher and higher with more conservative returns. - In 2017/18, you could gamble away a few BTC that went up 20X and still keep some BTC. - In 2022/23, you gamble away a bit or maybe 1 BTC - Now, there are very few people that hold multiple BTC and I don't think BTC is doing 10X in one run People who only experienced the 2021/22 bullrun, really did not experience a true fabled ALT SEASON. Look at this chart in 2018. **65 out of 150 coins are up 100% to 350% or more in 1-week.** https://coinmarketcap.com/historical/20180106/ It didn't matter what you were holding, you were up absurd amounts. If you were only up 40%, you were underperforming. There was a guy commenting he became a millionaire with Einsteinium a couple weeks prior to this. You really didn't have this in 2020/21.

Inner-Ad-3755

Late spring early summer 2020 we had an ALT super dump of like 50%. If we were worried about the cycle not playing out as expected we should be glad the dump arrived to normalize things. I wish I had crystal balls 🔮 🔮but if I was a betting man (which I must be because I buy crypto) I’d say we’re weeks away from our first moon push 🚀. It’s playing out beautifully, just wish I had more pennies to stock up a bit more.

Objective_Digit

You mention ALT/BTC pairs then show only how they've done versus the dollar.

_Commando_

ETH like all other ALT's just follow BTC trend. We don't "YET" have price divergence between BTC and ETH. One day...

thec4nman

The sad reality no one is willing to accept is MOST ALT’s will never return to even close to their ATH. RIP most ALT coins.

___v0id___

Looking at your favourite ALT and whispering to the screen “are you sure that’s your bottom this time? You wouldn’t lie to me, again, would you?” Me most days

remains60fps

When bitcoin dumps it should pump the ALT market but this has not been happening and its unlikely there cashing out and taking the tax hit. The ponzi is designed to replace people who got in cheap with users buying in at a steady rate and is currently happening slowly. Meaning they are dumping worthless satoshi on people at a huge price. Expect a massive shift in markets and across the board dump as you have been seeing already as they slowly drain the fish and keep returns high.

Boring-Community3768

There is a reason there’s BTC, and then there’s ALT coins. Correct regarding alts, but btc will be the pioneer and one only and the highest market cap coin forever.

EarningsPal

Are you selling them down? I found many alts from 2020 bottomed well above 2019-early 2020 prices. If you’re down over 50%-90% on an alt, just write it off mentally. It’s lost money. But don’t sell down in crypto. It’s too late. Just make sure you have a personal index fund to balance the risk. This means mostly BTC regardless of your ALT mix. This protects your whole crypto portfolio

DynastyB420

I’d say that all the ALT Coin Crypto I like, other than Immutable X, is well below my set level price. Election year will drive the price. Regardless of candidates opinion or opposition there will be a “fresh eyes outlook” towards crypto in the next few years. Mainly because they see it as DIGITAL vs “WE BUY GOLD” mentality. As with all my crypto investments it comes down to HODL or 🤷‍♂️

Extreme_Nectarine_29

My favourite ALT is **Polkadot** because of his unique technology and usecase. Netherless I'm a holder since 2019 and I'm not very happy with the *price performance*...

Gzdu

Alts actually held their ground this time around. The real ALT season is going to go crazy

coinfeeds-bot

tldr; Mt. Gox is set to distribute $9B in Bitcoin and Bitcoin Cash repayments in July 2024, a significant event for creditors. Bitcoin's price approaches $61K, driven by $150M in liquidations, indicating strong investor confidence. Metaplanet plans to purchase an additional $6M in Bitcoin, reflecting growing institutional interest. Other updates include Ethereum gas prices and Bitcoin miner revenue hitting record lows, the implementation of a fee-free Bitcoin bridge by Cosmos DAO's Osmosis project, the launch of Igloo by Pudgy Penguins and OverpassIP, and the introduction of 'ZK Compression' technology by Light Protocol and Helius Labs to scale Solana applications. Aave DAO supports deploying services on ZKsync to enhance scalability and reduce transaction costs. Upcoming token unlocks include OPT, ALT, and GATE, injecting liquidity into the market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

DannyHodler

BTC is my safe haven, but at these low ALT prices I have bought some XRP, ADA, VET and LINK as lottery tickets. My portfolio heavily relies on BTC, but if one of my ALTS flies off can enlarge my BTC bag. And as others have said; I only invested what I can miss. So if all goes to zero, I wont eat a sandwich less and it won't influence my life in any way. If it goes to moon.... well that's a different story ;-)

___v0id___

I’m calling an ALT-SZN, Reddit bags only… Who’s your biggest gain?

ConferenceCheap5129

This sounds really great and sensible until the weeks when ALT coins out perform everything, then the narrative is completely flipped on its head and everyones confidence is changed

NorskKiwi

Arbitrage trading is the answer you're looking for. When BTC moves there is profit to be made in arbitrage between BTC/ALT and ALT/STABLE pairs.

njamimaranga

$73,000 is the next stop on the resistance side . It was necessary that we should crash to a new low since the BTC halving (April 19)to loose any remaining weak foot plus liquidate long positions for ALTS . There has never been any perfect time to buy any ALT coin rather than NOW . It is 57 days since the BTC halving . And we've had considerable time of consolidation. The Change of the FALLING WEDGE pattern (MAY 14 ) to bullish Pennant Flag . The market sentiment is bullish, dips and dumps are bullish, CPI rates is good, inflation has eased , Bitcoin halving is MAJOR, FED rates unchanged ,FED says Crypto is good to go ,Trump says Crypto to the moon . Btc ETF are market drivers ,ETH ETF is in the making . The market is good . Bullish 10 over 10. Who are we to say No ? The dips and dumps are discounts and giveaways. BTC to $192,000 AR to $120. WIF to $10 BOME to $0.1 Never been so optimistic in my life . Life is sweet and sweeter with Crypto.

mrjune2040

'Altcoin season' is based on the simplistic idea that history has to repeat. The only actual SoV in the space is Bitcoin, everything else is essentially geared towards transactional utility (ie the use of value, as opposed to retention). How many altcoins have a growth (and earnings) base that makes some exponential growth make sense? Ethereum maybe, and that's about it—everything else is speculation towards a 'potential' use-case in the future. So no, not all tokens will continue to follow BTC in each market cycle—that was simpler when market caps were low and the liquidity needed to moved markets corresponded to that. It's entirely possible (probable) that most tokens never reach their ALT again.

njamimaranga

Keep buying your ALT coins . Don't give up just yet. Buy that BOME ,WIF ,AR ,RNDR just buy the project you believe in. The market will always try to shake any weak foot, but don't loose hope. I'm down 50% in BOME and and 40% on WIF but I'm still buying every deep aggressive. We just had the Bitcoin halving , the only way to go is UP irrespective of what happens . The Bitcoin halving is MAJOR . Money can be made in bull markets, but fortunes are made in bear markets. What goes down will surely rise up .

Cypto_Spaniard

ROSE getting ready for ALT season it seems

imrickjamesbioch

Folks can hate on SOL all they want and yes if they can get their heads out of their asses with the outages, they’d be crushing it waaay more. Anyway… Long Term: BTC 40% SOL 30% ETH 20% ALT 10% Short Term: BTC 40% SOL 25% ETH 15% ALT (AERI, AKT, GRT, RNDR, AIOZ) 20% I’m pretty conservative so I plan accumulating and hold BTC, SOL, ETH for the next 5-10 years til retirement. I’ll play around with alt coins but I’m not too attached any of them unless one goes on a 100-1000x run like AERO.

Gervais242

If you have pretty much any ALT in your portfolio that this sub was talking about two years ago outside of ETH you should sell it. About a 95% chance its a dead coin.

stauffed5188

Say I traded $200k worth of X,Y,Z to an ALT coin. ALT coin shot up and looked great @ $400k and I didn’t take a single dollar out bc gainz. Market crashed and didn’t harvest any gains, now that alt is worth $40k. I still have to pay taxes on the $200k that I traded. Good ol USA capital gains.

noviwu97

If you just hold ETH without doing anything, then just swap it to BTC. Everyone who's restaked their ETH gets many airdrop that outperforms BTC. I restaked around 5 ETH and has gotten: - $2800 in ALT - $3600 in ETHFI - $800 in EZ - $500 in PUFF - EIGEN in september, and at current premarket price of $7, I would get ~$5000 This is on top of 3.5% staking APY.

imrickjamesbioch

The crypto market is going to rise and fall with BTC. An BTC will rise and fall off the Stock Market. No one is going to make $$$ off ALTs if BTC doesn’t go on another bull run. Plain and simple… All ALT coins do is allow folks to gamble more with their money. Folks are still dreaming they can find that one ALT that’ll give the 100-1000x plus return on their investments. Good Luck with that! Heres the bottom line, BTC over the next 10, 20, 30+ years will continue to go up so long as the government doesn’t ruin crypto. All I know is if there is a bull run, BTC will go up, guaranteed! No so much for ALT coins since they are short term investments with no guarantee they pump even during a bull run and majority of them will be gone in a couple years or be worthless. Now I’m not saying Im against ALTs if you are ready to assume the risks. However to say ALTs are a better investment than BTC is just silly… BTC is going to raise no matter what, could be this year, next, whenever, ALTs not so much.

uncapchad

Well a lot of research was missed in all the pre-halving hype. Statistically, there's about 500 days after BTC halving before a new peak price is attained. Just looking at price history, we've seen much bigger drops post-halving. This can go on up and down for months. ETH, not following too closely but again the expectation was ALT Season after halving. Bitcoin's dominance drops and then ETH starts to run. This has been in previous patterns. Whether it all plays out as it has in the past, remains to be seen. It's not a lot of historical data to work with and circumstances are different. Today there was a general reaction to the publication of the Consumer Sentiment Index, which it seems everyone was betting on a small drop from 77 to 76/5. It dropped from 77 to 67. So yeah a lot of things going on which affect all the other things [https://www.tftc.io/consumer-sentiment-index-six-month-low/?ref=onepagecrypto.com](https://www.tftc.io/consumer-sentiment-index-six-month-low/?ref=onepagecrypto.com)

awesomeplenty

So I’ll be an ALT trillionaire?

CryptoMarkets-ModTeam

No clickbait or misleading titles. Titles should accurately represent the post or link content. Titles and posts must be in English. No URLs in titles. Use correct spelling, grammar, and punctuation. For example, "LeT ALT SeAsOn BeGiN!!!" is an unacceptable title and will be removed. You must flair your submissions and use the most appropriate flair. See our Expanded Rules page for more details on this rule.

Yok_Mu_Beni_Siken

Even the most popular alts usually die in 1-2 cycles, and the very few who manage to kind of survive don't reach their {$ALT}/BTC ATHs again. I've given up on alts entirely. It's a gamble and you might win very big, but the chances are that you'll lose. Goddamnit I've become a btc maxi.

mrpotatonutz

My FIXED RATE mortgage just increased by 35% suddenly because of escrow (property tax + home owner insurance) it’s crazy and somehow drives me harder into BTC it’s scary to think I could be suddenly priced out of a home I used to afford because of changes outside my control. The financial systems in place are coming apart at the seams and it’s going to be ugly. As of now I am: selling what I can, reducing spending to a min and buying BTC at near ALT because I cannot trust fiat system and nobody gives a fuck when I fail and let MY family down so it’s on me

njamimaranga

Who buys Bitcoin in an ALT season . It's 1. BONK 2.BOME 3.DWIF Can add some PEPE

Sugarbird676

You accidentally hit ALT-CTRL-Z

AppleSalty2916

* cries in ALT heavy portfolio *

CryptoMarkets-ModTeam

No clickbait or misleading titles. Titles should accurately represent the post or link content. Titles and posts must be in English. No URLs in titles. Use correct spelling, grammar, and punctuation. For example, "LeT ALT SeAsOn BeGiN!!!" is an unacceptable title and will be removed. You must flair your submissions and use the most appropriate flair. See our Expanded Rules page for more details on this rule.

thec4nman

Do you know what, I agree - I think all ALT’s are a waste of time. Flip them and invest only in BTC or ETH

TroopSupportArrived

Personally, I convert every extra $ of fiat not actively being used to BTC; because, fiat is guaranteed to lose value at a rate of 2-9% APR to inflation; whereas Since inception, BTC has consistently shown significant annual gains; and are projected to continue for decades to come. It is already outperforming gold and replacing it as leverage! I purchased my first $10K of BTC in 2021 during the retreat (on the way down) from the ATH of 62K. I made a rookie mistake; and bought too soon, at 35K. Then I had to watch my 10k disintegrate to less than 5k as the price fell all the way to 16K. But you never lose money unless or until you SELL! So I said a few curse words and threw my Ledger wallet into a drawer, and said, "Screw it; it'll be back in a couple years." So I let it just sit there; then 1 1/2 years later BTC resurged agained; my loss was restored, then my investment doubled in just 10 days as BTC hit its new ALT of 74K. Bitcoin should be considered a solid long term investment (with occasional ops for short term gains, for the experienced)) Remember, you do not actually lose money unless or until you sell. I had full confidence in BTC so DON'T SELL THE DIPS! (USE DIPS TO BUY MORE!) DON'T THINK IT IS TOO LATE TO GET INTO BTC NOW, EVEN AT $70-80k! MOST ANALYSTS PROJECT BTC PRICE BY END OF YEAR TO BE $100K OR MORE; AND LIKE LIKELY A 100% GAIN A YEAR FROM NOW! AND THE PRICE BY 2030!? UNBELIEVABLE. START NOW FOR YOU, YOUR CHILDREN AND GRANDCHILDREN!

___v0id___

Bitcoin - built for the sole purpose of destroying all of your ALT’s dreams

Minigiant2709

This is the way. ALT season will not really start until Bitcoin is finished

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

KillsOverWin

I think we all believe that bitcoin is here to stay. So if u have the patience and dont need the money rightaway, it dosent matter if u cash out on btc, because it Will eventually go up again. So my strategy is to swap my ALT's to btc when i have a decent profit (if i dont need the money). Or Else just hold the btc and some stables so you can reinvest or cash out if u need the money

CryptoMarkets-ModTeam

No clickbait or misleading titles. Titles should accurately represent the post or link content. Titles and posts must be in English. No URLs in titles. Use correct spelling, grammar, and punctuation. For example, "LeT ALT SeAsOn BeGiN!!!" is an unacceptable title and will be removed. You must flair your submissions and use the most appropriate flair. See our Expanded Rules page for more details on this rule.

Artorias_the_hollow

Bitcoin dominance is rising: it feeds on the ALT market in times of uncertainty. Bitcoin is called ‘King’ for a reason.

CryptoMarkets-ModTeam

No clickbait or misleading titles. Titles should accurately represent the post or link content. Titles and posts must be in English. No URLs in titles. Use correct spelling, grammar, and punctuation. For example, "LeT ALT SeAsOn BeGiN!!!" is an unacceptable title and will be removed. You must flair your submissions and use the most appropriate flair. See our Expanded Rules page for more details on this rule.

Night_Wolf911

All ALT Coin will go down more and more 👍🏻💯

GabeSter

* ATOM / BTC at a new ATL * ALGO / BTC at a new ATL * **and... BTC is still at 62K.** Some people were telling me on my post yesterday - That ALT/BTC charts are disingenuous. What those people still don't realize is that if BTC continues to retrace lots of ALTS will be falling beneath their recent bear market lows.

conceiv3d-in-lib3rty

Yeah, so do I, a huge chunk of my 2023 income came from airdrops, specifically Q4. I went stupid hard spamming tx’s all of 2023 and made really good money with Celestia, its platforms and Solana defi protocols. I’ve recently shifted my focus back to trading shitcoins. I mean i’m still farming, just not as hard. I secured a 3400 $TNSR allo and a ~5300 $W allo within the last week myself, with Parcl and Kamino being right behind it. I’ve been farming zkSync, Skroll and LayerZero for about 16 months now too so hopefully soon? And hopefully they don’t fuck it up. I’ve been restaked in EigenLayer since June of last year too, which this is may just be my biggest of all time. Right now i’m farming MarginFi, Elixir, Ambient, Mode, deBridge, Berachain, Kelp, Orbiter, Renzo, Zircuit, Ekubo and maybe a few others? I’d have to look at my spreadsheet to keep track lol. None of this is free money though. You spend money on fees and u hope to make back and then some. The airdrop game is also getting saturated as fuck and the allocations are starting to be worse and worse due to overfarming and whales getting involved now. (OMNI, ALT, etc). This is why i’ve shifted back to shitcoins. The point of my reply was that this kid doesn’t know shit about crypto and is looking for easy, fast money. He has no business farming airdrops. Could u image navigating the airdrop space with zero crypto knowledge whatsoever? While I think he’s on a crash course for losing money regardless, I wanted to keep it real with him anyway.