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

in #altcoin7 years ago

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.