Quote from: bosses on December 17, 2017, 11:23:45 PM

Quote from: satrapus on December 17, 2017, 10:44:21 PM

I have been investing in alts for a few months now. Happy days indeed.
Well let's be honest, anyone with cash and 1/2 a brain could have made 200-300% profit easily.
I don't hold btc and would not buy it as I think price above 8K is unrealistic and over inflated.
I have a bad feeling that btc is going to have a major correction in the coming months.
I'm not talking a small drop to 13k, more like all the way to 5k or even lower.
If and when this happens how do you think it will effect alt prices?
Unfortunately I see btc taking everything down with it and fear all my hard work and
day and swing trading alts to increase positions could be wiped out in days.
What are your opinions?
How are you protecting your gains?
Are you cashing out and waiting for buying opportunities or holding long term and perhaps
having stop losses in place to protect gains?

I also think that the price for bitcoin is artificially inflated and soon it will go into a deep correction, just for everyone interested in when this will happen

I was speculating about the correction will be scheduled after the futures contract will have been distributed to the market. that means we are waiting for the result of the bitcoin futures contract. If this does affect the crypto and there will be another hype and if nothing will be happened and big crash will come as soon as possible. How the market is reacted about the bitcoin futures contract. A lot of bullish or even everywhere.