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


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November 06, 2015, 10:58:18 PM



Don't count China out. 

I'm sure that there are plenty of bitcoin enthusiasts (or maybe some would call them speculators) who may be waiting for fairly clear signs of a trend reversal before they return to pumping (or buying) mode.

I WISH we could count China out. China is a giant wild card that makes fundamental analysis impossible within a reasonable degree of certainty.

Yes, but that is the nature of the real world.  We cannot really count them out.  They are a big player.. and the contribute quite a bit to the bitcoin space. 

Furthermore, there are a lot of other unknowns in the world regarding people (and governments) in many places that can affect bitcoin in one direction or another (or both).