Why Are Altcoins Not Pumping?
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- Опубліковано 28 вер 2024
- Why are Altcoins not pumping? Is it because of the Bitcoin Narrative? Too early or a combo of multiple things?!
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The amount of trading bots have increased a lot the last 3 years so do not expect the same 4 year cycle anymore
One word !!! Liquidity... the last btc halvening happened within the thrusts of heavy money printing... we are currently coming to the later phases of the hardest FED tightening policy ever. Alt coins will pump when the liquidity becomes available.
If you sell directly into btc,, is that different from selling into usdc then buying bitcoin from tax perspective?
Nope
Agreed. Hodl for a long time and pray 😁
no money no honey, simple. Total 2 and Total 3 looks so weak. There are more and more coins, the number of layer 1-2 networks is so large that I don't know who uses it. Sometimes dead coins wake up.
The market prefers memes, emotions, not technology that, well, has no real impact. Just a bunch of words from blockchain technology that are analogous to traditional instruments or cannot be explained in a simple way - it's not quantum physics that someone wouldn't understand it.
tokemania often bury projects. New projects thrive on promises of airdrops, high farming boosts, and that someone will catch the train.
very often incompetent team. How one coin can reach the entire ecosystem in a year and others only postpone the dates for mainnet.
Yes, makes sense, and yes I do feel some fear but sticking the course! Thanks for your insights!
You can do it!
Well maybe because we took a massive 💩 past 30 days
We? They! The poopypants paperhands!
interoperable infrastructure and Ai seem like solid narratives
BTC and ETH keep me sane throughout the cycles..... like now... looking at my portfolio would be pretty much unbearable without them 😅
True
I just dont look at all :D
Always good and sober content here, keep up Ash. I think things will remain stale until interest rate cuts in the US. Maybe some excitement will pop up here and there with ETFs. I’ve been asking myself whether the 4y cycle is going to play out in regular fashion and if people will rotate from BTC and ETH to smaller caps with how much supply will be parked on ETFs
One of your best videos, and there's a lot to choose from! You take the emotion out of the game and focus on the facts. Keep up the good work.
PolkaGold
Keep the good videos coming. The altcoins time will come. First bitcoin must absorb liquidity
We shall see
A calm voice of reason
First, we're getting cooked by the market makers
Thought on Chainlink?
I am holding but months of being in the red are not fun. Honestly idk if there will be a bull run this year or not. Not selling yet but if its all still flat in 6 to 12 months i will cut my losses and be done with it. Invested in Ethereum and a handful of other goof projects ( no mem coins) but in the red for all but one of them right now and that one is only up less than $100 right now 😕... regardless good video. Thank you.
Many psychics predicting end of the year the crypto market will be stronger.
Alts are in heaven RIP
I pretty much hate bitcoin because you can manipulate the whole market with bitcoin dominance and that is what they pretty much do so keep trading alts with btc and use btc pairs as a altcoin market killer makes me hate bitcoin! Want some cheap altcoins? Make sure you spike up btc dominance up to at least 56 % preferably higher and altcoins will make a deep dive and never recover except the coins like Rose (oasis Network) and Ondo which are performing really strong and make v-shape recoveries. Makes me wonder why you sold Rose?!? It’s not always about personal usecase most vc’s are in Rose so it will perform in the bull market
Rose was an easy sell. I was paused on IX because I was not supporting it anymore (I had a seriously sick other half and stopped doing much around that time due to her surgery) I was lied too and the amount of TX's they are doing per day is very low vs any EVM (30 + a day for IX) which is very low, even today. Sick of them republishing old news like Meta partnerships, the coinbase wallet and Greyscale ETF funds. They don't have a mobile wallet, the wallet is old and doesn't work out of Sapphire (bridge one way) it's so behind.
@@MarketMobster that’s technically correct but it seems like vc’s don’t care cause they keep it in their portfolio and they are the ones driving this price up because like you say retail isn’t anywhere so that tells me that the technical part isn’t that important. It’s about making money and they partnered with google cloud
first?
First 🎉
previous cycles/rotation didn't have that elephant in the room, retail love sh!t coins.. interesting months ahead
True
Celebrities launching meme coins is bullish 😊
Ha true
Cheers Buddy !
No worries!
Good vid
Thank you