RE: looks like btc will continue its downtrend :(

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looks like btc will continue its downtrend :(

in cryptocurrency •  7 years ago 

Too bad, seems like the entire market is a bit down because of BTC.

The thing is, if it crashes hard. Then (most) of the altcoin will get a reality check.

But on the other end. If BTC keeps soaring for a few years. Then that also won't boat well for the other altcoin.

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@fechaugger yeah, i have 80% of my portfolio in alts and almost every single alt got stopped because of price decline, but 20% still waiting for juicy BTC buys. the other solution is to look for coins that you can buy with tether.

I have most of my altcoins holdings in Steem right now. Which isn't doing so badly if you compare it too a few weeks ago.

As long as the lighting network isn't their yet. I try to stay away from BTC. The tech, or better the scale-ability isn't too great right now. And seeing the current downtrend, I'm not risking it.