Hey there! Yesterday and today the markets are crazy. All have seen the dramatic fell off the most of altcoins. Of course, the significant fail effected bitcoin the most.
We've observed earlier the short drop of ETH, bitcoin, and others but it wasn't so drastic.
1. What do you think, what future will the altcoins have?
-I personally consider that ETH will stop on $900 and then will grow. By the end of 2018, we'll see ETH will surpass bitcoin that will depreciate to $200.
2. What should we do to preserve ourselves form such kinda drop in future?
- I'm going to manage my coins portfolio in different ways: such altcoins like ripple, I'm gonna sell very soon. The best way for ETH now is to keep it in the wallet or cold storage (selling it now will be illogical). I will still trade with Litecoin and dash on SHORT positions.
If there any other suggestions, please share your thought.