It has been a brutal few weeks for altcoins and being 100% altcoins it has hit my portfolio hard.
My portfolio is still +62% despite this big correction but it was +180% back in December.
Do we think altcoins are going to recover as quick as they crashed?
I feel we just need some good news back in the market as it has been feeling like a bear market recently.
I have feeling that market is waiting for the retailer to escape from the market first by panic selling or cutting lose, making the price so undervalued, then they'd pump it.
the entire prolonged bearish market for most of altcoin just doesn't make sense, very few liquidity rotating to these alts, instead BTC.DOM just keep going up as if the money keep going into BTC, in my opinion, it could be that these altcoin are truly reaching their final stage of life or the people with big money are cooking something up to pump the altcoin back again.
but nobody know for sure.