The bottom is in for alt coins

There’s a ton of buying interest below $6k. That’s why it can’t stay below for more than a couple of hours. I see no selling interest.

Also if you think it will drop another 40-50%, rivaling the drop from ATH of Mt Gox, below the price of mining, at the point of highest liquidity we’ve ever had, with billions of dollars getting ready to be poured in from Wall St, then you’re deluded

>no selling interest
zoom out
>below the price of mining
You have a poor understanding of bitcoin if you think the cost of mining is going to keep BTC from plummeting. Miners don't buy BTC, they sell it. If the price drops such that they can't mine at a profit, then they won't. The network will slow until the mining diffculty is adjusted to a profitable level. The cost of mining has literally no bearing whatsoever on buying volume.
>point of highest liquidity we’ve ever had
absolutely deluded. I've seen BTC/USD exhcanges trading with a spread of up to $20 at times. We are way, way below peak liquidity, which was actually achieved in Dec/Jan. Volume is pitiable, and is propped up by high leverage anyway. Nobody is interested in crypto, all the normies lost interest/ are frantically selling or praying the price goes up so they can sell at breakeven or a less catastrophic loss
>billions of dollars getting ready to be poured in from Wall St
You sound like a guy who didn't stop believing in Santa until he was halfway through highschool

Already happened

>STARTED AT THE BOTTOM I'M STILL HERE

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>zoom out
Yeah that kind of proves my point more...

>price of mining
You’re correct but BTC has historically stayed at or above the cost of mining.

>volume
Yes leverage trading does throw off volume numbers but the largest exchanges use little or no leverage. I was talking more about the fact that now versus 2013 the market is in a much healthier place in terms of exchange liquidity. When Mt Gox went down, that was pretty much the only exchange you could use. Even if Binance or Coinbase went down, there would be other exchanges that could pick up the slack. That would definitely cause some negative market movement, don’t get me wrong, but not nearly in the same degree.

>You sound like a guy who didn't stop believing in Santa until he was halfway through highschool

Am I wrong? Bakkt is coming out in like 2 months with physically settled futures and I know “ETF is never coming” is a meme here but let’s be real, it will get approved sometime in the next year if not sooner

haha good spin on things.

So if we're low liquidity then now is the time to buy in. And sell when it peaks again.

HAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHA
*breathes in*
HAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHAHA

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i also enjoyed that! that was a very good meme LOL!

so youve only seen gains?
must be hard

god damn we're all gonna make it

buy and hold boys
buy and hold

hold god damnit hold!!!!!!!!!

This.they all look like that....

havent done this in a long time, but..
HODL

Btc got rejected again at 6800...and you are hodling shitcoins?? Can you please explain to me the reasoning behind this decision user?

all in on 0x... how fucked I am?

Been holding shitcoins since Feb. I don't think you understand the buy and hold until worth nothing or retirement strategy. Can't change horses mid race.

Well if you hodled for that long it wouldnt make sense to sell now. Good luck user

Exactly. Sometimes you just have to let it play out instead of risking selling at the bottom.

ive been holding for a long time and am still up on my old investments