You are viewing a single comment's thread from:
RE: All coins bleeding. What to Buy and How to Make Money on This ?
All coins bleeding. What to Buy and How to Make Money on This ?
Really it is very strange, if "All coins bleeding", you can only make money on short.
Most likely, alts will never recover to the level of ath (in btc).
I agree. Alts won't hit ATHs...I believe Bitcoin will do a face ripping correction that no one is expecting:
In general, many people assume the fall of bitcoin, even shorts it. I do not like this growth - it comes at the expense of altcoins, i.e. there is no fresh money on the market. Perhaps they are trying to attract fresh money by showing a new ATH on BTC though...
The total market cap has increased alot since wednesday, and the big alts like eth ltc and dash have gotten some growth aswell. But I wonder too, when will the lisk, Iota, Omisego and so on recover, seems like most people will be riding BTC until we passed the november hardfork maybe december will be Christmas for the alts ?
the double top didnt materialize :-)
I had that as a possibility aswell in the back of my mind, especially when Putin attacked BTC right as it came to the 2nd Top, but the market did not care.