This is a completely educated guess. With everyone calling shorts on Bitcoin, and a hard fork with Mother Bitcoin becoming more and more likely, most, if not all alts, just aren't ready to stand up tall and confident in the world without their mommy holding their hand. Even though Decred and some others' tech is far superior, the markets do have seasons, and we may be at the cusp of a bear market.
Or...maybe not. This could all blow over in a month.
But I'm out for now. I've got some nice gains this year. However my greed has caused me to lose a lot of money because...just one more dollar. It's time for me to take a break for awhile and come back in the game once I've processed my trading mistakes. I'm not making well-informed, rational trades anymore. I've been trying to make my money back...in a bear market lol.
Two things will cause me to re-enter the market:
1) A strong breakout of BTC, probably based on real events like UASF/Segwit2X success, or
2) when BTC and other alts take a heavy, painful dip, and I mean $1300-1800/BTC.
Either way, I'm still in profit from when I started, and I'll re-enter when I'm confident again, just like when I started. Good luck to everyone.
Or...maybe not. This could all blow over in a month.
But I'm out for now. I've got some nice gains this year. However my greed has caused me to lose a lot of money because...just one more dollar. It's time for me to take a break for awhile and come back in the game once I've processed my trading mistakes. I'm not making well-informed, rational trades anymore. I've been trying to make my money back...in a bear market lol.
Two things will cause me to re-enter the market:
1) A strong breakout of BTC, probably based on real events like UASF/Segwit2X success, or
2) when BTC and other alts take a heavy, painful dip, and I mean $1300-1800/BTC.
Either way, I'm still in profit from when I started, and I'll re-enter when I'm confident again, just like when I started. Good luck to everyone.