But just to double your bitcoin profits will take time. What about bitcoin investors who like to see a bigger ROI faster and are willing to to take bigger risks?
Don't you think that a lot of capital will flow into altcoins from Bitcoin because a tenfold increase in alts can happen quickly but in bitcoin it will take a few years?
Topic: Will part of huge bitcoin profits flow into altcoin markets in 2018 and pump it? (Read 157 times)
December 13, 2017, 12:14:55 PM
December 13, 2017, 12:04:49 PM
Am I too naive to believe that profit taking of the bitcoin and Ethereum markets will be used to pump altcoins in 2018?
With bitcoin almost 20k, even a rise to 40k will only mean that the capital has risen a "mere" 100%.
But people were used to make 1000% profit in a few months.
So maybe people will start taking the profits (or at least a part of it) they made with bitcoin and reinvest into altcoins and ICO's in the hope of repeating to multiplying their capital tenfold or more?
Could it thus be that 2018 is the final year where such gigantic profits are being realized and 2018 will be year of altcoins and ICOs?
Or will people just hang on to their bitcoin, thus limiting the money flow into altcoins?
I personally believe that the coming year will see a huge rise in capital flow into altcoins and ICOs out of FOMO.
With bitcoin almost 20k, even a rise to 40k will only mean that the capital has risen a "mere" 100%.
But people were used to make 1000% profit in a few months.
So maybe people will start taking the profits (or at least a part of it) they made with bitcoin and reinvest into altcoins and ICO's in the hope of repeating to multiplying their capital tenfold or more?
Could it thus be that 2018 is the final year where such gigantic profits are being realized and 2018 will be year of altcoins and ICOs?
Or will people just hang on to their bitcoin, thus limiting the money flow into altcoins?
I personally believe that the coming year will see a huge rise in capital flow into altcoins and ICOs out of FOMO.
BTC , ETH have huge capitals , and you won't x10 you money in short time in you invest in them now. I would recommend you to invest to an ICO such as www.diwtoken.com
December 13, 2017, 11:53:03 AM
Profit taking is normal in trading and specially in crypto trading, people used to move their money between bitcoin and alts for quick profit. Right now all traders are exchanging their altcoins for bitcoin because bitcoin price is surging, when bitcoin will stop to surge those same traders will start to buy back altcoins they have sold before from the market.
December 13, 2017, 11:13:44 AM
Am I too naive to believe that profit taking of the bitcoin and Ethereum markets will be used to pump altcoins in 2018?
With bitcoin almost 20k, even a rise to 40k will only mean that the capital has risen a "mere" 100%.
But people were used to make 1000% profit in a few months.
So maybe people will start taking the profits (or at least a part of it) they made with bitcoin and reinvest into altcoins and ICO's in the hope of repeating to multiplying their capital tenfold or more?
Could it thus be that 2018 is the final year where such gigantic profits are being realized and 2018 will be year of altcoins and ICOs?
Or will people just hang on to their bitcoin, thus limiting the money flow into altcoins?
I personally believe that the coming year will see a huge rise in capital flow into altcoins and ICOs out of FOMO.
With bitcoin almost 20k, even a rise to 40k will only mean that the capital has risen a "mere" 100%.
But people were used to make 1000% profit in a few months.
So maybe people will start taking the profits (or at least a part of it) they made with bitcoin and reinvest into altcoins and ICO's in the hope of repeating to multiplying their capital tenfold or more?
Could it thus be that 2018 is the final year where such gigantic profits are being realized and 2018 will be year of altcoins and ICOs?
Or will people just hang on to their bitcoin, thus limiting the money flow into altcoins?
I personally believe that the coming year will see a huge rise in capital flow into altcoins and ICOs out of FOMO.
Jump to: