Quote from: Yuuto on April 21, 2018, 09:52:44 PM

Quote from: Lovecove on April 21, 2018, 07:27:31 PM

snip

Actually when BTC rallies fast, alts rallies even faster. At least that's what I've noticed.

I'm holding my existing alts, and not buying anymore. Cashing out along the way as well. I don't think that this is the start of a new bull market. Rather, it's just a temporary halt in the bearishness of the market, thus the rally.

I think BTC is due for a correction very soon, and as a result, alts may crash alongside BTC and even outpace the losses that BTC incurs. I just don't see FUD due to regulations going away any time soon, as it affects ICOs a lot.

Well, I was going to say that maybe you haven't been trading long enough to see what happens when BTC pumps hard. But then, again, you're a Hero Member, which means you've been on bitcointalk and in crypto for like a year... So I guess you've seen more than me =)

in my own experience, when BTC rallies hard, like last Nov/Dec, alts just take a beating because everyone FOMOs into BTC. And then went BTC crashes hard, alts crash too.

But there's a golden median, when BTC rallies slowly and gradually, then alts get to flourish alongside it.

Anyway, I'm sure you have better experience trading in crypto, so it would be great to hear your insight on what happens when BTC rallies hard and when alts rallied harder with it. I would really like to know -- it sounds like a dream. I'd like to investigate such a time period and see what variables existed then to cause the ideal rally-to-rally.

What you say also makes sense, I guess. Maybe we're in for a correction. It's kind of hard to look through crypto news because it's just so much crowd-pleasing. Everyone just wants to talk about the current moment rather than the possibilities ahead for FOMO and FUD.

But i do see some new FUD, like Coinbase now suspending trading for certain groups (Wikileaks shop). And also the EU going for stricter regs: https://www.ccn.com/european-union-votes-for-closer-regulation-of-cryptocurrencies/