When altseason will start? ✍️

in Steem Nations19 hours ago

Good evening to all my friends. I hope you all are doing well. I am having a good day. Let's talk about crypto market. Bitcoin made new all time again and now trading above 94.5k. While some altcoins are also rising fast, many are still sideways, and the biggest question I’m getting is, When will altcoins pump? When will we see 5x or 10x rallies in altcoins again? So let me tell you right now, Bitcoin’s dominance is high because most of the investment is flowing into it. When Bitcoin’s price peaks and dominance starts to drop, investors will begin taking profits and rotate their funds into altcoins. That’s when altcoins pump, often giving 5x, 10x, or even higher returns. When Bitcoin reaches a high like $120,000–$140,000, investors will move their profits into smaller altcoins to maximize gains.

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Historically, this rotation happens after Bitcoin peaks, often in late Q4 or early Q1 (Jan–March). So, we can expect altcoin rallies in early 2024. If not, the market cycle could extend to April–June. Altcoins with smaller market caps have the potential to grow exponentially when funds flow into them. For example, a low-cap altcoin at $10 million can 100x if significant investment enters. I just want to advice you all, Be patient and hold onto good projects. The big multipliers (10x, 20x, 100x) happen when you let your investments grow. Selling too early will limit your gains. That's it for today. Thanks & have a good day!!

@abfarhan

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 18 hours ago 

In your opinion which project is good which you are seeing that will give atleast 10x-20x and 200x ?

Gaming, AI and meme coins will give you multiple x, for example GHX which gave me 20x. Stx, manta, gmx, gfi can give you good returns.

 9 hours ago 

I was in huge loss on GHX. My buying is on 0.25 and now it is on 0.07.

Holding and waiting for alt season.

Wait for bitcoin dominance to dump, altseason soon

 6 hours ago 

I know Yes, But next is ETH season, then ALTS season.

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