Have Altcoins Bottomed?

in #steemlast year

Posted using Partiko iOS


I like the way this is done like a weather forecast. Pretty cool. Nice to see the jump for EOS. Hope to see the alts bounce back this year. Thanks for the info.

The thing that makes me wonder if this is the bottom is there still doesn't seem to be consolidation in the industry. Some of these top 100 coins need to start biting the dust and some clearer winners and losers start to emerge before I suspect a bottom.

Honestly I don't think so. It all comes down to Bitcoin in the end. We're sitting at 70% Bitcoin dominance, and ofc this will change soon. But at the moment I would short alts instead of going long. Wait a few days, and see where Bitcoin is going before going in the altcoin action.

Ive been picking up some stellar, been getting beat up. I can see it still dropping to 5 or maybe 4 cents if BTC starts dumping.

We need steem to explode in value or else back to work

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