Yup, classic buy the rumor sell the news scenario.
This is also creating an opportunity in many of the alt coins as the sell off allows us to buy them, especially with some of the larger cap ones.
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Yup, classic buy the rumor sell the news scenario.
This is also creating an opportunity in many of the alt coins as the sell off allows us to buy them, especially with some of the larger cap ones.
Everyone is focused on getting the 'free money' that Bitcoin Gold is supposedly going to be, but I'm with you. The value here is in the alts that are being dumped. They money will flow straight back into them regardless of what happens with Bitcoin. Chase the value.
Exactly, once the HF is done money that left is coming back. Seeing a lil' tradeable rebound now after the hard selloff on NEO. Snagged a little when I saw reversal on hourly chart.