Cryptomarket is unstable
So if you guys dont already know there will be a new feature with bitcoin being released the "fork" on the 1st of august which honestly is going to do one of 2 things either crash the market or make it boom and honestly logical speaking people are terrified truth be told if say say a coin of my choosing losing value id cut my losses right away instead of holding as im working on the go and not a millionaire yet :) so i dont have the luxury to hold a large amount of value in a coin. Now with the recent news BTC and other coins will drop there will be a drop as people will panic sell which is good for the rest of us as it just means where able to buy coins way more cheaper then we normally would so while people are panic selling well be able to get coins at dirt cheep and wait for the market to bounce back which it will and profit of the earnings.
The video below is for a really helpful crypto trader who i have been keep up to date with and honestly not once has he let me down
Yea notice that, but seems not affecting litecoin and dash see more here: https://steemit.com/bitcoin/@primeteks66/dash-litecoin-prices-overcome-sluggish-market-to-achieve-all-time-highs
At the current rate yes i think most people are going to move majority of there coins into litecoin as its one of the cheapest yet fast growing coin and honestly i would aswell because litecoin is the same at BTC before the fork but with 4x more coins to be mined