Bitcoiners are Taking Gains and Pumping Altcoins
We picked up more ETH, MKR. Bought REN, YFI. Also, Lyn Alden on Short-term and Long-term Debt Cycles
Dear Crypto Asset Investors,
Last month I wrote that we should expect a 30% drop soon. Couldn’t have been a better timed post since Bitcoin dropped 32% a few days later. However, I also pointed out that Bitcoin had three drops between 30% and 40% before continuing to rally during the 2017 bull run.
Analysts blamed this drop on:
Janet Yellen claiming “most…
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