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RE: Altcoins Vs. Bitcoin - When Will The Alt Season Start?
I actually think the re-rise of alts is not happening that soon as people expect/want to expect..Portfolios of many people went down easily by 70% and that's something human subconscious mind will remeber for quite some time..not important that people believe in the those alts of their choice....if they already sold for btc/fiat, they are not buying back any time soon I guess...the horror of January is still too fresh in people's minds.... time heals everything , so I'm sure alts rise once again...but not in the upcoming months I guess...Im not a trader though
:D Average crypto portfolio in December 2017 vs February 2018:
Good one! Agree
the real problem is that I have alt coins that are at or near the Jan lows, but BTC is around 10k, so BTC has been fine but the alt coins never recovered at all, some are actually hitting new lows like ADA, IOTA, VIBE, SUB.....the alt coins crashed and are now crashing again, nothing good has happened in the past 4 months...it's all looking like a scam right now
Hahh Im also holding ADA and SUB...it hurts but whatever...
ADA needs time, it shouldn't be as high as it is anyway, I just don't want to sell it cuz you never know when people will start going crazy again...and I don't want to lose any of it since it has a bright future IMO.
and SUB - it's just a sad story, I'm a big fan of an idea of the project, but Justin (CEO) is absolutely unprofessional and missing Beta by 3 months (as of writing) is just crazy....don't want to sell it because I like their anti-censorship vision so I want to support them...but not really sure if it will ever recover, especially since the goal they are taking on is sooo big. It might happen that their ER20 token dies and they'll roll out fully functional SubstratumNode in couple of years with some other type of paying hosts for their computing power and hosting. I'll still be a host though - like the idea of it.
Best of luck to you!
Most coins are overvalued and will need time to catch up again. Coins with good teams and ideas/products are here to stay. Just hodl.