Why alts are down and BTC is up?

in bitcoin •  7 years ago 

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Because people are selling alts in loss and buying BTC thinking they will get BCC after split.
But is stupid move in my opinion.
After Segwit, you will never see alts at these prices.
Don't be stupid, don't sell alts bcs BCC will be soldout very fast and it will worth $10-$100 and that is nothing ( 2-4%)profit but from alts you can make 100% easily in 7-15 days. Choice is your but think twice before selling your alts!

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You'll get BCC and BTC will go up, safer than alts, and might make you more money.

hello roch3, after Aug 1st altcoins will get a good pump (in my opinion).

which alts are you invested in?

All the majors , ETH , XMR, DASH, LTC

In your list there is GEO coin, its a diamond in the rough.
https://steemit.com/bitcoin/@labe971/trading-signals-geo-coin
Agree whith you

What you're saying makes total sense... A scan of Poloniex today shows all ails are blood red... Buy them dips

Agree with you @labe971. Upvoted your post and hope more people will get to their senses. I also created a post on this yesterday. Check it out if you like and follow if interested in seeing more of it.
https://steemit.com/bitcoin/@attalis/3-reasons-why-buying-bitcoins-now-from-your-alt-coins-is-a-losing-trade
Cheers, and good luck!

agree whit you too, followed

This post received a 4.7% upvote from @randowhale thanks to @labe971! For more information, click here!

I agree with you maybe bcc dont perform well as btc.

The split will only meteorically mantain the value of both new coins! Don't understand why people are buying now...

exactly...

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