I am not sure about that now. With the uncertainty of Bitcoin in the following weeks, the price may further go down. For ETH, it may even break through USD150. Therefore, I do not recommend to purchase right now. But for sure, the altcoins will bounce back eventually. If you are a long term player, you can purchase at a low price and wait and hold them for a long period of time. I believe ultimately you will benefit from that.
you can create a short position on several platforms like Poloniex. Borrow the cryptocurrency at a rate then buy it back at a later time. (would have gained a lot if you did that today)
I am not sure about that now. With the uncertainty of Bitcoin in the following weeks, the price may further go down. For ETH, it may even break through USD150. Therefore, I do not recommend to purchase right now. But for sure, the altcoins will bounce back eventually. If you are a long term player, you can purchase at a low price and wait and hold them for a long period of time. I believe ultimately you will benefit from that.
With 18 days to go before Aug 1st, there's time for a fake rally & dive to a new low.
Indeed, and for sure if you like some adventure you may have a short position in the coming few weeks.
I didn't know that shorting cryptocoins was permitted.
you can create a short position on several platforms like Poloniex. Borrow the cryptocurrency at a rate then buy it back at a later time. (would have gained a lot if you did that today)