While a LOT of People Sell Their Alts - I Think I Might Buy Some
A Great Time To Buy Alts?
There are currently only 22 coins in the green on coin market cap.
- 1 of them is Bitcoin
- Another one's Tether, and...
- Some of them are shitcoins I've never heard of.
While the rest of the crypto market seems to be flocking towards Bitcoin in order to get their hands on some BCC, as @penguinpablo pointed out here. I feel it could be another great time to be picking up some Alts.
Note ICYMI: Not bitconnect, the other one; "BitCoin Cash"
There's an old saying about doing the opposite of what everyone else is doing.
So while the rest of the crypto space flocks to Bitcoin in order to get their hands on some BCC, I think I'll be picking up the alts that they're so keen to sell.
I'll be getting some BCC anyway. 😉
What about you?
Are you switching in the hopes of getting more BCC?
Or,
Are you scooping up discounted alts?
Let me know in the comments!
Bitcoin Hat image from Crypto Canuck Shop
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Hi @ futuristgear. Well you and I share the same view and yes we back up on alts. I basically invest in good ones that have a great transparent attitude along with a robust dev team and superior management backed by some prominent VC funding. In short I am heavily invested in XRP, NXT and Monero. Surprisingly all of these are predominant and can be traded/exchanged to FIAT. Hip Hip Hurray. Lol.
Regards
Aakeel
ALTS....all the way...like ETC...BCC will crash...will be able to pick it up later on the cheap....
Good call @bobreedo
There could be some comparisons between ETH/ETC and BTC/BCC, you're right!
Different circumstances of course, but it could follow a similar path.
Will be interesting to watch what happens.