Post
Topic
Board Speculation (Altcoins)
Re: How bad is other altcoin value
by
slaman29
on 12/09/2019, 10:55:02 UTC
Bitcoin won't fall at that range again, some people maybe hoping for that to dump that low to have an opportunity to buy, but I tell them, it's not an opportunity, they are likely buying a dead coin at that time.

Imagine BTC at $10,000 will fall at $10, no one would see that attractive, even the newbie in the market.
BTC has recovered and will continue to recover, it's been popular already although not so popular yet but the that path we are going now is very impressive, we were able to get the attention of the authorities and sooner we will see a standard regulation of crypto which could help achieve a massive adoption.

Never say never. It depends what the next ATH is again, and also depends a lot on when. Between today and ATH, anything can happen. Bitcoin only went to a low of $3000 since hitting ATH, and that's not even 90% of a loss. We've seen plenty of times when 90% from ATH happened (I shouldn't even mention altcoins at 99% I guess!). There's still chances for this to happen!