Post
Topic
Board Altcoin Discussion
Re: When are Altcoins going to properly recover????
by
olushakes
on 08/10/2017, 08:16:44 UTC
It seems with the BCH fork, BTC's run up to 5k dollars, now more forks for Bitcoin most Altcoins have been in a downward trend, or certainly the ones I'm holding!?

When will the prices recover back to June highs? I'm hoping there will be a decent upside once BTC stabilises after this fork nonsense.

Although I'm debating whether to convert into BTC and re-buy after, but this could prove risky. It's just with all this new competition from recently launched ICO's and new coins I'm skeptical some of the older coins will reach there previous highs.

What are your thoughts on the Altcoins you're HODLING? Are you selling or accumulating still?


The fork from my point of view will bring about some massive uptrend in the market generally because the way it is, its going to be a form of pump into the market where we all get excess funds by holding. A lot of people will use the concerted rate to get more btc and thereby use same for to purchase any alt of their choice. I would suggest you hold as the pump will happen.