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RE: Another Bloody Day for Bitcoin and Other Cryptocurrency
There will always be smart money. People who bought at the top have to lose money, those are the kind of people who came in for profits only without knowing the technology. Same people that now are doubting bitcoin will go to zero. They have to lose, so others make money, it is natural selection.
Trying to pick up some alt coins that I can just collect. Coins like Doge that will always be there but will never really be overvalued because of the never ending supply. Also looking at picking up alt coins that can be used instead of trading for value when things go up.