Post
Topic
Board Speculation (Altcoins)
Re: Reversal is happening.. bitcoin money goes to altcoins!
by
leea-1334
on 22/10/2017, 19:51:47 UTC
Looks like bitcoin took a nice dive, but don't get too excited... that may have been it. Altcoins tend to pump in general when BTC corrects a bit, but the general trendline for bitcoin is still bullish, we may try for newer all time highs and when that happens it will not be pretty again for altcoins. I can't ready the future, but I would take my profits and be in BTC ready for the new ATH attempt.

I am somewhat of the same opinion here, except that I am still waiting and holding all my poor altcoin bags, hoping for the best. But I am definitely putting in new money (fiat) only into Bitcoin until at least one of my alts is in profit (in which case I will take profit and keep it as BTC).

I have suffered a terrible month, after months and months of careful planning and buying wisely. This caught me off so badly I am still shaken from the experience.