I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.
You will cry some more as BTC looks like it's gonna go super nova and break 10k USD by the end of this year. The rise will impact all altcoins negatively in BTC value for sure unless they too rise in fiat value.
The crypto to hold today is Bitcoin.
agree 100%, as that's exactly my current forecast atm: BTC @ 10,000usd by xmas, and alts suffering massively in the process. some alts may still be profitable for day trading or short-term operations (see ZEN rally these days) but in general entering long-haul hodls under current conditions may prove highly upsetting