So now is the time to enter Alts or they go dipper?
The Alts are going to bleed till the fork or for how long?
When can we expect the bounce back?
As long as we see this growth, which based on the charts, is breaking resistance levels each day (we MAY see a dip to 6500-6700 but its looking like a consolidation at 6900-7300) the alts will bleed.
99.1 percent of people here are looking for the fastest way to make a buck in 30 days.
This is one of the reasons we see such volatility.
You should buy across the spectrum.
"If" you liked XX coin at $1.00 - you should LOVE it at $.75 and REALLY LOVE IT at $.50"
Cost averaging.
This is VERY hard for some people to do, we have this innate "I wanna be backing a winner" thing that is ingrained in us as humans. So buying a "looser coin" just feels weird.
But thats the great part about making money - money doesnt have feelings, it has MATH.
Now is a good time to buy that alt you love.
I bought the shit out of NEO when it dipped to $13 bucks. Went to $30 in 2 weeks after last FUD.
Here is the big secret.
IF YOUR ALT IS AROUND IN 2 YEARS. THERE IS A 99% CHANCE IT HAS GONE UP 200-1000%. Period.
The market will expand and thereby flush out some of this crap, so find and invest in GREAT TEAMs and GREAT PROJECTS.
Then...... Try, try my brothers and sister to relax.