This is how things looked like back then...as for now...sky is the limit.

in LeoFinance2 months ago

skyisthelimit1.jpg

If you have a look at the top 20 coins listed on Coinmarketcap and dig a little deeper you'll realize that most of them weren't even born when the previous 4 year BTC cycle was complete and money started flowing from BTC to alts which resulted in a glorious alt season where every alt was mooning.

Tokens like BSV / BCH / WBTC / LINK / UNI and of course some stable coins that are comfortably sitting on the top 20 spots launched later on.

And while we are definitely in a bull market, because a bull market is:

A bull market is the condition of a financial market in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market but can be applied to anything that is traded, such as bonds, real estate, currencies and commodities. Because prices of securities rise and fall essentially continuously during trading, the term "bull market" is typically reserved for extended periods in which a large portion of security prices are rising. Bull markets tend to last for months or even years.


And that's the key part, right there ..."in which prices are rising or are expected to rise". Just because we are in a bull market it doesn't necessarily mean that every coin should go 100x or cut their previous ATH into shreds.

Also just because 10 - 20 alts broke their previous ATHs so far, it doesn't mean that this is an alt season.

On a side note, the tokens that set a new ATH these days (BTC / ETH aside) weren't around during the previous cycle. They simply broke their previous ATH which was 1-2-3 months ago. That's all.

It will take a few more months before the alt season begins but once it does this is what you should expect:


ADA which is currently ranked 4th, jumped from 3 cents to $1.29 in ~ 40 days.

XRP which is currently ranked 5th, jumped from 23 cents to $3.68 in less than a month.

LTC which is currently ranked 8th, jumped from $60 to $375 also in less than a month.

XLM which is currently ranked 12th, jumped from 5 cents to 93 cents in ~ 40 days.

XMR which is currently ranked 22nd, jumped from $85 to $495 in a month.

The list is far too big...

So, do we all agree that this bull run will make the previous one look like a dwarf? Ya? Good.

According to modest calculations BTC could reach $100K - 150K...so imagine the new ATH's alts good set once the upcoming cycle is complete...

Some people say that we might never see an alt season again because of institutions / corporations which only care to stack BTC. Just a reminding: We will witness an alt season again, and it's gonna be awesome.

Because average people kept buying BTC long before institutions did. And those who bought in at 5K - 7K - 10K etc will take their profits when BTC hits 100K+ and will reinvest in alts...and then it's party time.

You think that LTC at $1000 is unrealistic scenario? Or ADA at $5 or XLM at $4...

Be patient and hold strong a few more months...

Have a good one people.
image
Cheers!

Posted Using LeoFinance Beta

Sort:  

I see ADA at $10 with LEO and Hive together. Patience is needed, wait for it and it will come!

Posted Using LeoFinance Beta

Gimme $3 Hive and I dance naked in the streets a whole weekend

Posted Using LeoFinance Beta

Screenshot this comment😁

Posted Using LeoFinance Beta

Really? I would not promise this.

Why?
Because it will be yet to cold outside, when it happens. Perhaps even snow on the ground.
I would dance for $9 HIVE

Posted Using LeoFinance Beta

Winter is coming...

Posted Using LeoFinance Beta

Oh, we're gonna have a lot of naked dancers in here in a few months...

Posted Using LeoFinance Beta

You are in the Baltics, he is in Greece :)

Posted Using LeoFinance Beta

I hope we get to this value soon, but please spare me the image :)

Do you have some other dirty fantasy?

Posted Using LeoFinance Beta

Some people say that we might never see an alt season again because of institutions / corporations which only care to stack BTC.

That's crap. The 2021 altcoin season will eclipse anything in crypto so far. Screenshot this comment.

My take is that the true altcoin season will occur sometimes in October-November this year.

Nevertheless we shouldn't ignore current pumps and position ourselves wisely.

Posted Using LeoFinance Beta

Totally agreed dude, the next bull run will make the previous peaks and dips look flat. Motivating read, great work!

Posted Using LeoFinance Beta

His words that are the most experienced make me hold my coins much longer, but where would you see hive in that alsist season?

Posted Using LeoFinance Beta

I have no clue...I just hope that it will make waves

Posted Using LeoFinance Beta

The only altcoin I care about is Hive. It's no where near its all time high but it's doubled from its all time low. Not bad at all. I'm surprised more people aren't talking about it here.

Posted Using LeoFinance Beta

I’m still learning about cryptos in general, and just scratching the surface of the altcoins... so please excuse this dumb question, but where do I find the Hive community?

Posted Using LeoFinance Beta

I'm assuming you got onboarded via leofinance, which means you already have a Hive account. If you want to go down the rabbit hole (it gets complicated) try reading this:

https://peakd.com/hive-174578/@sidwrites/hive-tips-for-new-users

Posted Using LeoFinance Beta

If you log in using peakd.com you'll find a more general social environment that's less focused on finance. There are lots of communities to join.
Also, Welcome to Hive!

Yes, I did get onboarded through LeoFinance. Thank you for the reply and the info! It’s making more sense now, and it’s such a cool concept.

Posted Using LeoFinance Beta

Good point...yet we still have a long way to go. Whether we like it or not higher price will attract more people

Posted Using LeoFinance Beta

BTC about to get pumping. Glad i bought some at the lows. Too bad I never managed to convince more of my friends back when it was 2k. And now they want to buy in at $45k lol.

Posted Using LeoFinance Beta

Human nature...

Posted Using LeoFinance Beta

CA2AE88340DD415C988E9EF08395925A.jpeg

Posted Using LeoFinance Beta

Ha! Love it!!

Posted Using LeoFinance Beta

What we are going to witness will be mind blowing ! Take your seat, the best you can afford, and enjoy the ride guys.
XRP back from the dead uh ? I'm good with that too haha.

Posted Using LeoFinance Beta

i wonder if hive and leo will reach to 1$ of maybe that was their pump for 2021

Posted Using LeoFinance Beta

lol if that's their pump ...then don't mind for me, I go find a big mountain and jump off

Posted Using LeoFinance Beta

I say this is the craziest bull run we're about to experience, the type that shakes the world,

Posted Using LeoFinance Beta

Hi ha

Posted Using LeoFinance Beta

Agreed. People are losing faith in the gov and economy (US, anyway) and faith is all that's holding them together

Hmmm I never thought that LTC will hit so soon and that was why I did not have much interest in it when I was introduced to it but I don't think LTC isn't going to reach $1000 and when it does, watch me dance my best dance.
Lols...

Posted Using LeoFinance Beta

I didn't think we'd really see btc threaten $50k this soon, either but here we are.

I fully agree with this writing.

The next bull run will be outstanding.

Posted Using LeoFinance Beta

Wondering how high will we go this time!

Posted Using LeoFinance Beta

Anything above $5 is party time for me