It'll probably go up again IMO. But keep in mind that the initial pump was just based on hype, no one had time to accumulate and so no one has incentive to just pump the price up right now now that momentum is gone. It'll happen once someone accumulates enough or there are enough shorts to squeeze
Lol don't let these people bamboozle you. I started in the game in 2008, and it has gotten nothing but harder. The idea that more saturation and more efficient markets doesn't actually make things way harder is illogical and insane
Yes there are more tools and education available but that...
Problem is, no one knows whatr "good" is, or if ANY of the alts will end up being "good" because there is no adoption of this technology. everything is basically just a promise
There's a lot of emperors new clothes in this space. which works fine for making money riding waves when things are...
Disagree, most altcoins are still inflated from December market-wide pump, and many have a realistic chance of going to zero in a market crash
Holding alts isn't worth the risk right now.
IMO yes the bubble is bursting.
Wish we had more time. and I'm not saying a new one can't form later. But smart money exited in December.
I knew it was about to burst but stuck around a bit too long because I was still making a lot of money day trading and I thought I could out smart the...
Uh oh...
So does this kill:
Popunder and redirect ad networks (PopAds.net, PropellerAds, etc.)?
Does it also kill software based PPV networks (TrafficVance, RTX, etc.)?
I wouldn't say they "recovered"
Make no mistake -- anyone who didn't sell off their alts before the fork(s) is still bleeding money and there is still a lot of room for growth.
Some money has definitely flown out of BTC and into alts.
But a lot of money seems to have gone out of BTC and into...
alts showing slight recovery last week. Best deals so far were on november 2nd.
Alt bull trap or is the recovery real? Have we seen the altcoin bottom and BTC top already, or will there be another BTC rally? IDK but I am hoping for another rally because I didn't scoop everything up on the 2nd.
You're in luck.
If altcoin market is healthy right aftr the hard fork, then you'd have to try really hard to pick a coin that can't give you 30%+.
TIP: After hard fork, I will sell the alts i bought on the first large spike, then rebuy the dip.
Yeah, the more I think about it, the mroe I'm leaning this way as well.
Let's be honest, this is CRYPTO! We got into it for the sexy multipliers, not to play it safe.
Yeah OK doing a combination strategy does seem like a sensible option actually. You might not get biggest payoff, but you're practically guaranteed to "not lose."
Fine choices. Big coins are the safest bets since even in worst-case scenarios, they are the most likely to recover.
I'm going...
Last two forks the best timing for buying alts was 2-3 days before the fork.
That's not to say that will be the timing again.
But it will likely coincide with whenever bitcoin hits its monthly all time high.
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