Now that we have this nonsense of Segwit2x out of the way, the alts are finally getting some long overdue attention. Some of the top alts are already experiencing a very nice pump as money is being shifted away from bitcoin.
This unexpected news rewards people who had strong hands on some of the good altcoin projects.
This unexpected news rewards people who had strong hands on some of the good altcoin projects.
Hopefully this was the longest 2 month in my live
) I allready start to think to abandon crypto ,but no, here we go again! VolatilitieeeeeeeOnce you are in you need to stay in. Keep some of your coins in alts and some in BTC. Set up a portfolio so you can track everything. Don't get out of crypto because your coins are going down in value. Get out because it's the best decision for you at that moment. Volatility is an opportunity to make money. I used to trade a lot of FTC on BTC-e when they listed it, would sell some and buy it back when it dipped over and over and over again. It took a lot of time but was worth it. I never went all in and left with more FTC than I started with.
Keep calm and you'll be okay. This will happen again at some point, do not forget this. Save a little BTC so the next time this happens you can buy low.