1. A Bitcoin run like June - November 2017 when Bitcoin went from $2,900 to over $10,000 and most ALTs got destroyed. Ethereum after reaching $390 in June stayed at ~$300 levels for 5 fucking months. Ripple dropped to $0.20 from $0.30. Even new shitcoins like Antshares/NEO tanked after popping
2. After the correction of the 2013 Bitcoin bullrun, ALL ALTS were pretty much destroyed except XRP and LTC. XRP and LTC bled heavily to Bitcoin over 3 years until the start of the next Bitcoin bullrun in 2017. In this scenario new shitcoins were born and you wouldn't get rich holding 2013 shitcoins. If you look at CMC, you'll see new shitcoins moving up the charts compared to May 2017. Most of your 2017 shitcoins will not rise against BTC.
In any case, fucking time to abandon ALTS noobs. After a big Bitcoin increase or bullrun, then you can get in on some hyped/shilled shitcoin.
Basically you need to buy RLC and you'll get insane gainz in a few days. V3 coming.
Nathan Gutierrez
>Abandon alts on a 30% dip user, the whole alt market is on a huge dip right now and it has absolutely nothing to do with fundamentals but everything to do with bitcoin mooning. This means as soon as Bitcoin stabilizes, alts are going to themselves moon. This is the time to stock up. And people wonder why Jow Forums is poor
Benjamin Phillips
1. This really shouldn't be able to happen after the MASSIVE losses alts have experienced since 2018. In June-Nov 17, it was from baseline so the losses made sense.
2. 2013 alts gave rise to the whole bitcoin superiority and 'alt'coin name. They were literally carbon copies of bitcoin, apples and oranges to the alts of 2017
Going to continue holding my all-in alts portfolio, not interested in trying to time the market. It hurts when the market is down like this, but whatever
Dominic Martin
Is link going up or down?
Ryder Kelly
too late for that none of these alts are being used for anything bitcoin can't be used for.
