It takes a bit. As stupidity seems to be bottomless people do of course wait if some other holder goes panic mode and throws coins away, too.
8k double bottom now with the other dip to that level, wonder if that's it. But i guess you cannot rule out anything anymore these days....
After all i know that in near future i will be able to use my BC so i can keep those coins and later use them not like with 99% cases of other alts ;/
so so holding BC to me is bit diffrent than holding any other altcoin ( and those i have a lot ).
Today market is in mess and it can be in mess for long time last year LTC was crashing hard for long time half year...
From all altcoins today good investments for me are:
1 - Blackcoin ( ATMs, Credit card, halo (bu/sell - hire people realty innovative technology works on global scale) )
2 - Bitcoin ( most adopted crypto safe bet even in long run as e-gold foor FUTURE generations )
3 - NXT java easy programing so many features ( but personally i have NEM NODE stake so i can skip NXT those POS have better distribution )
4 - XMR > DRK anon tech ( POS anon is not worth to much attencion to me - ules zeroknowleage system willbe released )
5 - interesting concept but BIG "?" because i don't like IPO coins to much is Bithares
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today 10/100 coin is green so don't worry to much that guy with 600k dump did his job and noone have follow his dump so he wasted money to cause panic sell off
like it was with Cloack DRK Via... looking at market and HOW FAST that 600k BC was acumullated i am IMPRESS !
Distribution is increasing and this is good too.