Author

Topic: Effect and Affects of BTC Volatility on AltCoin markets (Read 135 times)

full member
Activity: 406
Merit: 109
Hey Guys,
I hope and wish we all are enjoying the BTC roller coaster since couple of days.
The way it crossed 11.5K and getting back to 9.5K and again shooting up is something I enjoyed the most during my crypto tenure.

We have seen ALTs moving along with BTC and touching ATH in the FIAT values, however, with the latest retracement, I see a good hit on ALTs when BTC dipped in minutes time.
This was the affect, however, again gave us great opportunities to fill the bags.

Would like to understand your view over the current scenario, are you sitting idle on your BTC or are you still day trading?
My point of view is to fill my bags with strong alts when they bleed and if BTC touch ATH again, I am sure ALTs will move along.
Jump to: