JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 13, 2017, 10:20:26 AM

Look how much effort it took to push the price below 4k!
So much FUD, fake news, unconfirmed articles by msm and social media accounts the last several days.
As soon as we know what's going to happen in China with cryptos I expect the market to move up again. The commies are much less of importance as they may think.
So there is nothing to worry about. And hodlers can relax anyway.


I doubt that it is the chinamen causing this correction with any kind of substantive meaning  - maybe on the margins, but maybe a correction was kind of needed?  I don't know. 

I have some difficulties concluding that we are experiencing the 50% correction this time around (which would be $2.5k).. and maybe 36% would be about the lower boundaries of this particular correction? (which would be around $3200), but hey, I kind of thought that 20% was going to be the lower boundaries  (which would have been $4k), and look how that turned out?

Just gotta keep buying and hope to not run out of money before the bottom, right?