crypto market

[Smiveras]

when do you guys think investors will start buying back into alts. It seems like these last 2 weeks no one wants to mess with anything.

 

[DMR]

Hard to say but things should pick up more after the 1st of Aug and more as summer ends, thats what I think anyways.

 

Yeah I'd say after Aug 1.
Not to say there could be a cheeky bounce back especially on coins like sia which is now in the 400 range though.
Just a lot of uncertainty, I think it's quite likely btc may take a dip as well.

 

Investors have been buying on the dips. I'd argue that there is a lot more money in alts now than previously. Regardless of uncertainty w/ BTC, investors will find safe havens in the correct alts. Alts that aren't 'shitcoins' have been pumping.

 

[Smiveras]

Investors have been buying on the dips. I'd argue that there is a lot more money in alts now than previously. Regardless of uncertainty w/ BTC, investors will find safe havens in the correct alts. Alts that aren't 'shitcoins' have been pumping.

I think that is incorrect mostly the shit coins have been pumping besides litcoin

 

I think that is incorrect mostly the shit coins have been pumping besides litcoin

Yes I agree with you. There are some serious shitcoins pumping that will become nothing once crypto is more mature. I'm referring to the alt coins that are not the highest on marketcap/recognized by the public. Several projects have pumped, for instance: PTOY, EDG, XVG.