Blood in the Alt-street

Wow, it hurts to see my wallet at the moment. As most people are having their sikedness of how Bitcoin is on the rise (which is ofcourse the fuel for every bullrun) my alts are looking more like they are hanging on for dear life.

Especially HIVE looks very ouch, even though so much is happening at the moment. What is going on?

Newsbeezer.com
And as said. Bitcoin is really doing nothing wrong and is waiting to explode very soon. As I have written before earlier in the week it is all all about your own interpretation and how you deal with this. Last year when it had these prices we were all siked to the bone, and now it is okayish. Maybe this is also because the alts were tagging along last year, and this moment they feel kind of....uhhh hurt.

I do believe in a next altseason, but I really don't know if it will be to the level of the prices which these alts had before in 2017. Well maybe some will rally just as hard, I guess the de-fi gang is next in line to do this.

But the midcap and traditional altcoins like LTC EOS ADA XRP, I am not really sure what will happen to these ones. What I do know now is that it is way too late to opt out if you were still hodling from that moment on.

They are already -99% and maybe some will recover a bit. Better that than selling at an all time low. Because that is how most alts feel at the moment. BNB is having a nice dollar price, but in sats at 210000 it also looks harsh compared to last year April at 360000.

Bitsonline.com
Ethereum doesn't look that bad even and still they have so much going on with staking that they will be fine in the end I guess. It is just a mental mindfawk.

I am not worrying at all actually. I guess hanging around in cryptospace for the last three years has hardened us up a bit already and we see better patterns. And....we know when not to panic, but we also know not to quit our jobs when a green day is on the charts.

It does get easier when crypto doesn't pay your bills but is just the side hussle which hopefully give the early retirement. You can let it go just a little bit easier. This too shall pass that the alts hurt so much. And when it hurts...just look at King BTC...and you will feel a lot better

You want a disclaimer? I will give you one! This isn't financial advise but just my opinion. Don't believe any of it but do your own research. Imagine we are at the bar chatting away and I tell you my opinion. You won't go buying stocks after that as well right? Think and read and then buy or sell

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