But people don't get it- crypto's behave differently than other markets. Everything rides on BTC . And if any of you say, "No, Litecoin's different!" then stfu and go away. Maybe one day but right now.
Don't you get it? Bitcoin is the foundation of cryptocurrency. And it's about to hard fork. It could be August 1st, or if Segwit2X and UASF somehow stay on the same chain, then the Segwit2X folks are going to hardfork to increase the block size in a few months. Then there are proponents of Bitcoin Core who have talked about a POW fork. Guys, something's going to happen and we're talking tens of billions of dollars that are on the line. There's a cyber war going on- on one side there are miners and white-collar businessmen with TONS of money in infrastructure that are hell-bent on creating a centralized, digital financial system, on the other side a grass-roots, vibrant, intelligent community who wields a weapon called a UASF node. In this war, your shitcoin is so fucking worthless.
I'm not saying to sell BTC . On the contrary... take your profits now from your shitcoins, buy Bitcoin , and hodl. Run a UASF node. And stop making your shitty long calls on KittyCoin and Methereum.
But don't misunderstand, my debit card will be getting hot at the bottom, because we're going to 10k by the end of the year.
Each day exactly on schedule there is a bear started wave of extensive selling on BTC and altcoin markets. It has happened so many times for the last month now, that I am already used to the blood.