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RE: The Attack On Cryptocurrency's Continues. By Gregory Mannarino
I think a lot of the down side also has to do with the August 1st Bitcoin plan to implement Segregated Witness and then followed by a block size increase to 2MB three months later. There seems to be some worry that the bitcoin blockchain might split. I swapped my bitcoin for litcoin. It seems to be holding up better than bitcoin.
there is a better alternative for hedging.... HERO (with bitshares specs) https://coinmarketcap.com/assets/sovereign-hero/
I really think on days with uncertainty it is a must to keep a percentage on HERO, bitUSD and bitGOLD, all protected by min 2X collateral on a decentralized exchange (bitshares) with the max security possible right now.