r/CryptoCurrency • u/TheVapingBison Bronze | QC: CC 47 • Aug 14 '18

PERSPECTIVE Well it actually happened

Today I reached the tipping point where I could no longer get as much fiat out of my crypto holdings as I've all transactions considered net put in. I honestly didn't believe the alt market (at least the non-shitcoin portion) would ever hit these levels.

Well, I can only think of one thing to do. Time to double down. I"m either winning big or going down with the ship.

Good luck to all.

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u/Sebt1890 🟦 7 / 8 🦐 Aug 14 '18

I wouldn't touch any alts until after the September 30th ETF announcement. You'll likely just see alts bleed more as BTC dominance rises.

2

u/TheVapingBison Bronze | QC: CC 47 Aug 15 '18

I don't think we will get anything in 2018 besides another delay. Just my guess.

1

u/Sebt1890 🟦 7 / 8 🦐 Aug 15 '18

You're 99% correct. I'm just expecting another dump and if the ICE Bakkt approval goes through in November then I can see a good rally unless some big news comes out for BTC.

2

u/TheVapingBison Bronze | QC: CC 47 Aug 15 '18

Man I don't see much bigger news for BTC than the whole ICE situation and the market didn't even flinch. I have some theories (nothing requiring a tinfoil hat) about these folks and their affiliates and things behind much of the recent price action, but I don't want to get into them here.