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RE: Binance set to re-enable deposits and withdrawals, altcoins going to moon?

in #crypto5 years ago

I would really like to think that at some point people are going to take profits on their recent BTC gains, and will then look to put that money to work by buying undervalued/depressed alt coins.

Trying really hard to not be skeptical, though... seems like every time BTC takes a dive, the altcoins take an even bigger sympathy dive. Something seems a little off about that dynamic...

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Yep. Bitcoin goes up, altcoins go down. Bitcoin goes down, altcoins go down. It's not been good to be an altcoin. Though that dynamic seems to be breaking today. Many altcoins are soaring, steem not included.

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