Forget shilling individual coins for a moment. Are we destined for another alt season? If we are, it should start any day now and last until June.
Alt Season
Michael Perry
Brody Cooper
Alt season started in the middle of March.
Aaron Flores
That is consistent with the previous two years
Julian Diaz
Wait until next week during consensus. Ethereum will start ramping up and alts will lose gwei value overnight.
Levi Allen
alt season? kek
Liam Richardson
There are a few alts presenting at Consensus, are there not?
Ryder Powell
>thinking every year will be the same
Adam Martin
I don't think so. This doesn't feel like alt season. It's more of a correction and now they're mostly going sideways until the market decides what to do next.
I remember this time last year coins were going up every single day from March to June. Now we're just stagnating for weeks around 420-450 billion marketcap.
Evan Perry
it's been fairly consistent every year except for Gox, although I'm not claiming that it will remain so
just trying to have a general discussion
>I remember this time last year coins were going up every single day from March to June. Now we're just stagnating for weeks around 420-450 billion marketcap.
That's not true
Ryan Harris
daily reminder: the crypto boom already happened and you lost the train, no more moon missions, only some nice gain here and there..
Robert Powell
>That's not true
What part is not true, it's been sideways since April 24th. Compare this pic from last year vs what you posted.
Ian Lopez
It peaked literally four days ago, and your time scale is different. One could argue that the difference is subtle at best in the grand scheme. Look at the difference in the OP pic—it's not like it's 1:1, nor is that even the point
Noah Hernandez
>Alt season started in the middle of March.
This, are people seriously this fucking stupid? There are still retards out there asking "when bull" and complaining about "muh bears".
This alt run has been almost as insane as Dec/Jan, it's terrifying.
"When alt season?"
lmfao
Jackson James
started early april, you already lost out on a lot of gains.
Nathan Robinson
I agree with your general assessment, but I view the last month or two as an expected correction. Keep in mind that a large proportion alts are still down 50-70% against their Q1 ATH.
Camden Hall
>and your time scale is different
How is it different? It doesn't have to be identical time period but you're forgetting that during that alt season Bitcoin just broke ATH and started rallying hard in May.
While now we have Bitcoin at 50% below ATH, the second it starts moving alts get fucked hard.
John Mitchell
The last bit is true
> It doesn't have to be identical time period
Well, when you're nitpicking about "stagnating for weeks" based on what you posted, it sure does. You're talking about a very small deviation, but again this is missing the point in the first place
Like you say, it doesn't have to be identical.
But I agree with the last part of what you said
Benjamin Walker
It's too late if you didn't enter early April it's too late to enter alts now. The risk is too great. Just wait it out and hold onto your ETH, and BTC. BTC is preparing to leave any day now, and when that happens the alts will enter a long bleed out period while BTC reaches a new ATH which means it could go for a 3-18 month bull rally. Get some LTC since LTC follows the BTC bull. You don't want to be holding tokens during that period.
Owen Wright
>Get some LTC
meh
Carter Campbell
This is what I'm thinking, too. But I'm stuck like a degenerate gambler desperately trying to make some gains. I'm up like 10% while every coin I have touched is up 3x
wut?
Landon Carter
what are you holding?
Nicholas Edwards
well?
Gavin Baker
You mean the marketing event that vitalik is not going to and called the organizers scammers?
Gavin Allen
lol, source?
Hunter Gomez
well?
Christian Smith
It's because they're idiotic holders who bought late in december / january.
If they would have bought in march / april they would have multiple opportunities for 2-4+x trades.
Oliver Hernandez
>It's because they're idiotic holders who bought late in december / january.
>If they would have bought in march / april they would have multiple opportunities for 2-4+x trades.
Ashamed to say I have missed out on this whole alt run by "trading" and not just chilling back with muh coins and letting them go 2-3x like they all have. Very sad.
Evan Roberts
>2-3x like they all have.
Tfw held a low key coins whose teams do little marketing and only got +50% during the rally vs the 2-3x that so many hypecoins have gotten