WHY
One guy dumping on any given day is no big deal, the BTC that comes in after we have a good product is the big deal. Step away from the charts...
Traders trade, hodlers hodl.
Well.... It's hard to believe the price will go skyrock again. The altcoin universe is strange. Once the Whale left the ship it's getting hard to impossible to recover and come back to the peak times.
There is no altcoin that made a comeback after it got pumped & dumped. None. Even LTC is a great example for that.
I don't think cryptos are for the longterm, beside BTC I don't see currently any long term Investments in the scene. As sad as it sounds.