The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?
I think people need to understand that despite what a lot of people think or say, the real interest is in bitcoin, and it will take a very amazing new coin to show up and still it's leadership. If bitcoin crashes, the other cryptos wont survive as well, so no point in buying the result from bitcoin forks, as they don't have any chances of taking it's place. Bcash even got a bigger correction than bitcoin had.
Anyway, this is not a crash and as usual bitcoin will recover from this. This is how I see bitcoin: if it succeeds as a global currency, it's price will need to reach a price of at least $500k, if it fails it could go to zero. So from this perspective, I think even at it's previous all time highs, bitcoin had a good price, because the reward ratio I would get if BTC succeeded it would be huge. Since you can buy just small portions of bitcoin, everyone can invest in this experiment whatever they can afford to lose. Given the max potencial of the coin, I would say it's a pretty good investment.