ALTS ARE ABOUT TO CRASH

IT WONT STOP I BOUGHT THE ATH REEEE

fuck this is going to be an alt bloodbath

>mfw my biggest alt holding is OMG

Why didn't you all listen?

SIGT too.

>tfw got out before 8/1

>Buy LSK high
>it drops with that crash last month
>struggles on the ground for a few weeks
>BCC comes and shoots alts up
>now only $0.80 from being able to break even on my alt
>BTC hits 3k
>alts shit the bed again
WHY

Going long on pink wojaks

> when BTC moves up, alts go down?

But /biz likes to say when BTC is tanking, alts are doomed.

So...which one is it?

Because very little of this ever makes sense.

Money rolling from alts to btc. When btc slows down and finds a new floor, money will roll back into alts.

Daily Reminder:

ALTS do not crash comparatively to fiat.

Ethereum is still ~$225, despite it crashing to 7000000 SATS

alts are a way of accumulating BTC. that's all its ever been

It's rate dependent.
If BTC rockets up, alts usually dip.
But generally after people buy BTC, they'll buy alts with that BTC, so they go up, but on longer timescales.
Overall, BTC going up will drive alts up, but there are transients when it gets rocket-stomped.

it depends. shit alts die and new alts rise

that only matters if you bought your BTC a while ago

Well, actually, since BTC is up another 200, the coins are keeping their relative USD Price, so you really have lost anything...

nobody holds in fiat between trades

This,ia so fucking easy to understand it,you dont have too act like a nigger infront of a job application,just w8 for monday

...

>Buys altcoins at the ATH, rather than doing research and finding diamonds in the rough.
>Goes all entitled millennial when it wont increase another 300% on top of the current gains. Lol

But it does give perspective. Showing that BTC rised a ton, rather than alts really crashing.
Comparatively the effect is the same. Profiting or missing out on BTC. But several alts didn't actually go down when adjusted for BTC's USD rise.

tfw sigt is still going up

WE

fucc u and your fud

i'm never letting go of my bags

i'm gonna be buried with my shitcoins

WUZ

Time to buy some ripple and DGB.

alright theres blood in the streets. was thinking this would happen tommorow but it looks like this is the chance. Buying as many alt coin as possible. doesnt even matter which one

>tfw my strat is holding

That photo really makes me want to have Froot Loops. I don't have any Froot Loops

we all gonna make it brahs

you know it

Eth will wipe the floor with btc

>tfw patiently waiting for STRAT to dip under 200k