Post
Topic
Board Altcoin Discussion
Re: Winter is coming for altcoins
by
RedzoneASE
on 01/08/2018, 21:06:11 UTC
Bitcoin is having hard times  Undecided, it's primary trend is down for more than a half-year. Even current intermediate trend seems rising it may eventually end with as previous bottoms. Last time btc rised altcoins didnt rise well. They still have time to rise but when btc starts to fall it will take altcoins with it. So if you have short mid term investments on altcoins prepare for exit. You can catch a last ride oncoming next weeks parallel to btc run. while exiting from altcoins do not calculate them with /btc prices just think them as /usd so that you can see your real profit. Even if you are in lose i recommend you to exit. You may enter later or never.

I also think so. The bull run on July is done already and the prices has started to fall again. I think this fall will be much deeper than the other months but still we must expect good things to happen in the next few weeks or few months.