Post
Topic
Board Altcoin Discussion
Re: Winter is coming for altcoins
by
herurist
on 14/08/2018, 02:31:11 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.

Many people still have faith with bitcoin and that's good but I'm afraid this is the right time to start new life. Sideways position at down trend make us lost our faith day by day. I suggest you and all of you to stop analyze market and try another way to make money out side crypto market. Only suggestion and good luck to you.