Quote from: RoommateAgreement on October 24, 2017, 05:31:36 AM

yeah, i was waiting for this too. it is not exactly related to bitcoin and its price though. even if bitcoin stayed up or even went higher this reversal of altcoins would have happened eventually because you can never have always down just like you can never have always rise. at some point there needs to be a reversal or correction and price comes back down after a rise or up after a big dump.

Quote from: ChiNgadOr on October 22, 2017, 02:24:55 PM

a 12% recovered in a few hours for my diversified portfolio ( 0 bitcoins on it).

then you have been making a HUGE mistake.
- you don't have any bitcoin and bitcoin has been rising non stop for the past few months better than anything else
- you kept holding altcoins that were getting dumped hard. you say 12% recovered but you never say how much you have lost! the drops have been 10-20% per day for at least 3 or 4 days and you just recovered a small part of one of these days.

you always have to dump the altcoins that are dropping then buy back at the bottom. this way you first prevent that 40-80% loss and then have a 12%+ pure profit instead not just recovering a small part of what you lost.

you hit it.. i made a big mistake.. newbies most common mistake.. FOMO buying ATH during august..
i fucked up with MNE, BTM, IOTA, BNB, SIGT, OK, XEL, STX,.. and many more..
now i wont sell with that much lost.. you can bet.. lesson is learned... next time STOP LOSS at -25%