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Author Topic: Counter ETH/BTC cycle coins with potential?  (Read 267 times)
Supercell
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July 07, 2017, 06:14:21 PM
 #1

It seems that a lot of alt coins exaggerate the movements of the big two - BTC and ETH.
Case in point at time of writing, ETH down 2.85% and STAT down 10%

I was wondering if there are any coins people would recommend that follow their own path or even are counter cyclical to the big two?
GRS for example seems to be following its own path though volume is relatively tiny on Bittrex (though large enough on the Chinese BTC100)

Anyone have recommendations to weather the pre SegWit downturn or invest in during ETH/BTC downturns?
Of course USDT is an option but it carries opportunity cost as well i suppose.
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currypto
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July 07, 2017, 06:49:27 PM
 #2

Hm, that's a good idea, but I don't think it's really applicable here. Bitcoin/currencies are not necessarily cyclical (it's very possible for constant rise or constant value of zero) though so I think this train of thought will not get you anywhere.

I think a better question is: what coins are not affected by Bitcoin price?

To me I think any coin that has actual function and real world use will not be affected much.

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July 07, 2017, 06:50:33 PM
 #3

Shift.
Supercell
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July 07, 2017, 06:58:37 PM
 #4

Hm, that's a good idea, but I don't think it's really applicable here. Bitcoin/currencies are not necessarily cyclical (it's very possible for constant rise or constant value of zero) though so I think this train of thought will not get you anywhere.

I think a better question is: what coins are not affected by Bitcoin price?

To me I think any coin that has actual function and real world use will not be affected much.

Thanks currypto, thats very valid, I guess thats what I was getting at, you just expressed it better than me!
Any speculative recommendations?
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July 07, 2017, 07:06:21 PM
 #5

I think any coin right now would be good to invest in, as the pumpers have dumped. We are at a nice "ground zero" so pick one...hehe

Georgos
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July 07, 2017, 07:16:32 PM
 #6

Do not look for the unique unicorn, it does not exist, or everyone would have found it. What I rather suggest you is to invest in an altcoin you believe in, and take the chance of the great dump that occured today to buy finally some coins of this altcoin.
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July 07, 2017, 07:40:44 PM
 #7

Yeah. Just buy altcoins now because almost of them are down. This is the perfect opportunity I wouldn't recommend what coins to buy but instead make your own judgement. Only coin that attracts me most though is LTC, however it also seems to follow the path of BTC/ETH now. So just study the coins you like and make the final decision whether to get it or not.

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Supercell
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July 07, 2017, 08:36:56 PM
 #8

Thanks, wish all my crypto wasnt looking red today, should have put some in USDT for days like this, lesson learned
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July 07, 2017, 09:16:07 PM
 #9

I recommend then you hold. You will make your money back, and even a bit more. But you will have to be patient and trade with your head, not your heart.

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