Alts Update 29-8-18 11.55 UTC

Hey guys, MM here.

Today I haven’t been looking too much into Alts, since most of them have been dropping really fast since yesterday’s daily candle close, Alts dropping means that people are losing confidence, usually leads to BTC drops after the fact. With BTC close to major resistance, I’ll rather protect my capital than lose twice from holding Alts and have BTC crash too, so I’ll probably be waiting until we get a break through before making any move into Alts, as right now It’s just not worth the risk. At times like this you can take some time off to spend with your loved ones, let your mind rest of the intense roller coaster that this can be, or to learn even more about trading and how the market works.

Trade safely guys, see you next time.

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