Crash is inevitable and we are prepared for it.
It's called an opposite pump!
It's funny how people are going full panic mode now the price is going down heavily. Is it really that hard to understand? Something that goes up HARD in a very short period of time, may as easily come down HARD, and that's exactly what is happening right now. Traders are celebrating, while the yolo gamblers a.k.a peak buyers are now suffering as they likely sold in panic. What a contrast...
Yeah this really sucks cuz I'm one of the peak buyers. Now I feel like banging my head against the wall. Price is already below $2000 and it's spiraling downward fast.
Looks like ETH bubble has popped too and I have already lost nearly half my stash there. Oh boy, this won't end well
Getting into alts is something you should be very careful with anyway, even more so than bitcoin generally.
But with fundamentals missing and a price rise of 10% per day you can expect that to pop ofcourse at some point.
Thats why its better to became more selective upon chosing on alts who where engaging with since their are some numerous of them sure will get a hardtime to retain back to its highest price but if you believe on top 50 in coinmarketcap well provably we can earn huge on them by the time the price of each alt listed will pump. Remember they wasn't on there if they don't have huge potential so better stake for the best.