Post
Topic
Board Altcoin Discussion
Re: September 21. HUGE dump!
by
RussianEnglishTranslation
on 21/09/2021, 06:21:22 UTC
The market seems to be bleeding now, Bitcoin is only down by 8% at the moment but major altcoins are down double digit.
https://coinmarketcap.com/

Will this be the start of the bear season?

We haven't witnessed a long and major dump this year yet, so seeing this might cause some panic especially on the altcoins holders as they are the ones who will significantly be affected since we know what would happen to altcoins if bitcoin struggles.

As per Binance exchange, the 24 hours low of bitcoin is $42500, so what's next?
https://www.binance.com/en/trade/BTC_USDT
It's not a bear season, but even if it was I don't really care because I'm a yield farmer. I chase the highest yields and earn profit that way, regardless of what the market is doing. Right now I'm getting good rewards on spookyswap and ref finance. Alpaca has some interesting grazing farms too.