Why aren't alts fucking plummeting?
Why aren't alts fucking plummeting?
Evan Wood
Justin Thompson
they are you goddamn troglodyte
Austin Adams
People race to sell the most liquid asset first in a panic ser don’t worry they will go to zero too
Jonathan Moore
not hard enough ;_;
Jose Barnes
because people still think btc is overprices
I know I do
btc has eaten all liquidity for years and it's time it goes back where it belongs - down to 1500-3k
Daniel Foster
because it's a fake dump you jackass
Lucas Taylor
no one knows
this board is a collective lf retards
unironically
Asher Wright
people who wanted to sell this cycle, already rotated their alt into btc
So now they can only sell btc
Charles Lewis
Top Kek Baggie
Brody Cooper
The shittiest alts like bitcoin cash are up 5% on the day, why is that?
Adam Robinson
Because there's still a long way down. The last hard dumps just before the real bottom will obliterate most alts for good.
John Kelly
they are, but if you bought the top on a shitcoin you might as well hodl it in a truly delusional fashion
Matthew Cooper
bobos getting greedy. Time to buy
Jace Bennett
WHY IS TRX PUMPING
Xavier Young
all magic money are overpriced dumbass
Camden James
Decoupled
He did it
Hudson Gray
Because Dogecoin is about to flip Bitcoin and become the new world currency
Ryan Morgan
Because that’s where all the gains are made and that’s what people are slurping
Ayden Foster
i was getting ready buy some a day or two ago but binance have actually attached warnings to both trx and waves.
Gavin Cooper
most have already dumped the alts for fiat or btc.
and in times of market panic, most liquid assets get dumped first, ie btc vs alts which currently is much more illiquid relatively speaking.
but if everything continues to dump, eventually, everything that can be sold will be sold.
tldr: if btc dies, your alts will follow to become zero
Nathan Anderson
>liquid assets get dumped first
nah, you'd want to dump the least liquid first, so you don't end up holding baggies with zero exit liquidity.
Grayson Wood
I SHORTED LIKE A FUCKING RETARD HELP
Aaron Gray
my point was that the savvy ones already dumped their alts.
alts now are are almost zero exit liquidity because no one will buy.