BitcoinGold. What will happen to the altcoins? Poll.

Fidcom
Fidcom
Published in
2 min readOct 22, 2017

Many investors are waiting for the unexpectedly announced regular Bitcoin hardcore, which is why Bitcoin is actively growing, caused by the shifting of free and not very funds into it, in the hope of free coins.

Altcoins have slowed down growth or even fallen, due to their sale. At the same time, most analysts note that after Bitcoin hard fork, altcoins will be pumped, in connection with the reverse transfer of funds and the restoration of positions on the market.

Our opinion about the situation is mixed. As we wrote earlier, this can be one of the large-scale manipulations. Because if after the hard fork large investors will not return to altcoins, but into a conventional currency, there will not be a very beautiful picture on the market.

Bitcoin will start its decline, but the demand for altcoins will not increase, as a result of which the panicking crowd will not buy alts, after selling Bitcoin, but sell other coins and crush them even more. But this is certainly only a version.

As part of the risk minimization strategy, we have reduced our portfolio and hold half directly in the fiat. In the event of the fall in alts, we’ll buy them at good prices, in the case of a positive scenario, our portfolio will still show an increase, and we will wait for new entry points.

We are interested in your opinion and your approach to this event.
Leave your opinion in the comments!

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