RE: Bitcoin Fear, Buying Altcoins, Capitalizing On This Dip! Ep4 of CMTV

[attalis]

i agree with most of you have said in the video. However, 2 things i tend to disagree on:

1. ETH has been slaughtered and way more so than XBT. By your logic you would scoop that up as you do so for other coins as well that you dont know or dont believe in (as long as they have enough volume)
2. You can also just stick with the coins you do believe in and that have been hammered relative to other coins or XBT.
   Nice post though, thanks!

Comments

[coinmasteryct]

Hey Attalis!

1. I think ETH is a different beast compared to altcoins based on a variety of factors but mostly bc it's an order of magnitude bigger than anything else. Not sure if ETH is classified as an "altcoin" but I personally wouldn't - I'd only consider something an alt if it has a market cap less than $1B which will then get the leverage effect.

But - I see what you are saying and there is certainly some gray area to what I described.

1. Absolutely. I've added a lot to my XMR and LTC position as they've been going down as well, both coins I firmly believe in.

Thanks for reading and commenting, much appreciated.