/biz/ - Business & Finance

[Anonymous No.4155502]

let the altcoins hit the floor, let the altcoins hit the floor, let the altcoins hit the....

FLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOR

Here's the general market cap: https://coinmarketcap.com/charts/
Here's the BTC dominance: https://coinmarketcap.com/charts/#dominance-percentage

Tons of money is pumping BTC up and crypto as a whole. Reasons? The BTC forks.
Not so long ago BTC dominance was only 38% at its lowest and now it is 61%. Fear not, this is only temporary. After this event, it will flip back to alts but with more money than ever, creating the second wave alt pump (the 1st alt pump was early 2017). It is truly a game of yo-yo between BTC and alts. Btc is accumulated then injected into alts, then alts is injected back in BTC, and it keeps going. It is actually nice to the overall crypto market because as normies only know Btc, when they see it pump they buy in, which creates ROIs for true professional crypto investors that then invest it back in low cap alts to have these x20 ROIs.
So everything is nice as long you invest in good tech or bitcoin because it is the first (even though it does not have good tech). The only difference is those who solely keep to BTC have small ROIs but less risks, while the pros that invest in alts have big af ROIs although more risk (especially if you invest in scamy ETH tokens & ICOs).

TL;DR relax and hold.

ps: Invest in Bitbay and Blocknet. These two will pump up a lot once the BTC bull run is done.

[Anonymous No.4155717]

VertCoin will match LiteCoin no later than January.

[Anonymous No.4156917]

Every alt will moon after the BTC bump. Remember the time when literally every altcoin on Bittrex was in the green?

[Anonymous No.4156978]

>>4156917
Exactly what I think.

[Anonymous No.4157015]

>>4156917
Yeah, everything will go up instantly 20% or so.

Coins like OMG, ETP, WTC, NEO etc will just go for full runs.