Post
Topic
Board Altcoin Discussion
Re: Altcoin bleeding. When does it stop
by
batang_bitcoin
on 20/02/2018, 11:51:03 UTC
Bitcoin reached already Resistance at 11.6k and failed for now.
Failed? Bitcoin failed? seriously? its still in recovering process.
Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?
You can predict with anything that you want whether bitcoin corrects at $10,000 or even lower.
I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.
Trust in bitcoin, its the best long term hold.

i trust in btc the most! i mean in shorttime(days-weeks)
Whether you trust bitcoin in short time or long term its still a good hold.

The altcoin will stop falling only when there is a big rise in bitcoins, as it still looks like a bear market in cryptocurrency markets,In my view, confidence in cryptocurrency markets has not been restored.
Last time what I observed is bitcoin is rising and alts are rising too. There's a big money that came out to the crypto market.