Bitcoin volatility is finally here. The currency is shooting up and down with every bit of news that is released. The recent China bans have not helped out at all. However, we have bits of good news like pirate bay accepting bitcoin. However, the overall notion seems to be a drop leading to severe market instability. What does this mean for altcoins.... Well, no ones quite sure.
The altcoin markets are all over the place right now. Soaring up and flying down. No consistent support and charts are being less reliable, to say the least.
Along with all this instability is a rise in the presence of ICO's. I'm not going to lie here there are plenty of great ideas but many of these ICO's could be scams in the long run. Also, people are running out of money to invest across the board.
Final word.
It's a buyers market.... Buy and Hold and eventually you will make that profit! Rads to the moon remember that :)
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