Marc De Mesel: Live Show: Small Crypto's Depressed?
Total crypto market cap (excluding bitcoin core) went from $500B to $50B, back to 130B, back down to 80B today. Noticing signs of depression now that we had a first failed breakout. It is possible bull has started as this is a typical pattern of start bull market, Bitcoin Core goes up while others continue to go down, in which case this may be a last buying opportunity before Bitcoin Core continues it's rise and now smaller coins follow.
Ofcourse bigger coins like Ethereum and Bitcoin Cash still preferred as they will likely go up first but if u have no or little exposure to smaller coins, considering they are already dirt cheap, for example Obyte total market cap $15M, was $800M at peak, still managed well and likely to survive continued bear, and I'm sure there are 100's of other coins in same situation, it's already interesting to start building positions as it can take a while to accumulate enough.
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