Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts
by
Piston Honda
on 02/04/2018, 13:33:27 UTC
What makes you think the alt coins like this are going back up?  They are all falling in price right now because in this nutty system when bitcoin tanks...everything tanks with it.  Four months ago FOMO around Thanksgiving and Christmas had tons of stupid money pour into Bitcoin and alt coins.  Now all those who poured in at 15-20k are burnt and out for good.  Or HODLing the bag as whales pump and dump 24/7. 

Bottom line is almost all the altcoins are 1. scam or 2.  a horrible actual investment as you are essentially crowd funding ideas with no responsibility to you.

As for Bitcoin...it is not a future currency.  Currency cannot have the volatility nor should it be investable. 

What do you think the discussions will be like around the Easter meal?  All negative.  Don't fool yourself and quit hodling.

Every time there is a (large)correction in market, new users come out and say this stuff. While it is true that a lot of value has disappeared from ETC, I am pretty confident prices will go back up. Corrections never seem to go lower than previous ATH's, so it is logical to think that after the next huge surge, we will see ETC "recover" back to $45 and there will be a lot of new people yelling how $45 is the end of the world. It is just the natural process of things.

I may be wrong though, so do not take my rambling as investment advice. Only you are responsible for your wins or losses.

well said.  many salty ppl now in the market given the dumps....shit i went thru it 2 yrs ago just like anyone, it sucks!  but buckup and get buying NOW when shit is quiet and cheap, lowers your buy in avg and when the market pump again you'll be sitting pretty.

even etc it was fun to sell up to 45usd but like many, i am bagholding some too hahahaha.....oh well, such is the game.  hold0r and wait for market bulls to return.