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.
Topic: Will part of huge bitcoin profits flow into altcoin markets in 2018 and pump it? (Read 92 times)
December 13, 2017, 11:15:29 AM
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