I am not going to lie, prior to a month ago some of my crypto picks have seen over 400% or more returns. My portfolio is still higher then when I first started investing. However, the past 30 days have been nearly a 600% plunge for some of my top picks. Bitcoin have went down, and since it went down, almost every major crypto went down. Bitconnect was a seemingly huge ponzi that crashed the market. Tether and EOS are two cryptos that I also don't support. Bitcoin though has an upside potential. I still HODL what I have and believe that BTC even has the potential to reach 30k end of this year. Also, with what the Ethereum founder is doing with Plasma.io as well as this year being the year of DAPPs and long awaited Lightning Network updates, I see the potential of a recovery. However, my risk goes from a medium strategy to evidently high risk.
Note
By 600%, I mean 1/6th of the original value, sorry worded that a bit confusingly
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.