Breakout, no problem
most probably won't broke ppost fork as many people will hedge again usd and many will against ALT_ - hard to imagine new money flowing in.
+1 Antworten
adoukas tshah
@tshah, definitely a potential scenario...Either we have a situation similar to the last fork (money in the market switches into alts out of BTC, and consistent inflow of new money), or we encounter the first real crypto bear market that will extend to Jan 2018.
@adoukas, @tshah, both the correct way to look at the potential scenarios. I am with adoukas although, I think alts will boom, Ltc just rejected .01, looking to bounce hard off .0066. I think money will def move into alts. While thinking we will see .03 again in 2018.
+1 Antworten
tshah football3958
@football3958, it will but will take time- we won't see a huge pump like mid of the year- we havent seen the accumulation phase
Agency tshah
@tshah, yeah, if you take a peak at the data (particularly sector dominance) it looks grim for alts as we formed a lower high. I don't buy the "rotation thesis." Profits will go to fiat currencies, precious metals, etc.
+1 Antworten
adoukas Agency
@Agency, can you please share the link?
tshah Agency
@Agency, Agreed perfectly. Hedging against those is better option.I am still going to HODL my coins but yeah i have seen alts portfolio going REKT for a lot of people including me. Fortunately it was only 20% of overall portfolio. Risk management!
+1 Antworten
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