Total carnage today in the altcoin market

[pereira4]

Bitcoin is going up and every single alt is on terrible reds, did anyone see? Including all the big alts like ETH, XMR or LTC are going low while everyone that sold their alts and stay on BTC is making a lot of money, we are already hitting 420 and Bitcoin will continue to rise for the next months so it's difficult to hold any alt, I will keep shorting some of the more liquid alts but always focus on BTC because it seems clear people only want to make more BTC profit out of alts at the end of the day.

[thms]

24 hours is too short a time in cryptocurrency world. Any attempt to draw any conclusion based on 24 hr trading data is almost certainly going to fail.

[cryptohunter2]

Bitcoin is going up and every single alt is on terrible reds, did anyone see? Including all the big alts like ETH, XMR or LTC are going low while everyone that sold their alts and stay on BTC is making a lot of money, we are already hitting 420 and Bitcoin will continue to rise for the next months so it's difficult to hold any alt, I will keep shorting some of the more liquid alts but always focus on BTC because it seems clear people only want to make more BTC profit out of alts at the end of the day.

Not noticing LTC diving today really.

[Snail2]

Bitcoin is going up and every single alt is on terrible reds, did anyone see? Including all the big alts like ETH, XMR or LTC are going low while everyone that sold their alts and stay on BTC is making a lot of money, we are already hitting 420 and Bitcoin will continue to rise for the next months so it's difficult to hold any alt, I will keep shorting some of the more liquid alts but always focus on BTC because it seems clear people only want to make more BTC profit out of alts at the end of the day.

Business as usual. If bitcoin start (significantly) moving in any direction altcoins going to react with a nosedive first .

[Za1n]

Good time to look at some of these alts and place some strategic buy orders, especially the consistently high volumes ones.

"The time to buy is when there's blood in the streets." - Baron Rothschild

[GTO911]

"The time to buy is when there's blood in the streets." - Baron Rothschild

[BTCdoctor]

Not really, the coins just changed. Some got from red to green, others got from green to red.

[gentlemand]

Not noticing LTC diving today really.

It never rose either. It's been quietly relaxing while the madness has been going on all around it. I'd be curious to know what that means.

[cryptohunter2]

Not noticing LTC diving today really.

It never rose either. It's been quietly relaxing while the madness has been going on all around it. I'd be curious to know what that means.

Perhaps becoming the new stable storage of crypto wealth it's deflated so much i think LTC holders will never sell lower now... It's found it's bottom but hopefully not its top

Need more adoption but i think you will see if rise along with BTC as psychologically it is tied to it now. The old silver to gold ...