I could publish about ABC retracements and fib retracements and patterns and yada yada but just zooming out and looking at it in a more simplistic view I see good opportunity to start dollar cost averaging. We all know markets are in a bad spot right now but everyone knows that. I see opportunity to be greedy but not reckless.
P.S. it's just my opinion but I would not suggest buying any other coins besides BTC & ETH and would be very carful with even ETH. All the rest of the crypto coins are very risky bets even more risky than vc investments in my opinion. Yes alt coins will likely go up with btc and ones that survive this crash will be more robust but after seeing just how tipsy even the larger institutions are in crypto it doesn't make sense to me to be on anything more volitiale and somewhat risky than BTC & ETH. I would diversify 80% BTC, 20% ETH and leave to at that. All the other alt coins are lottery tickets even with intense research it almost impossible to pick a sure winner.
P.S. it's just my opinion but I would not suggest buying any other coins besides BTC & ETH and would be very carful with even ETH. All the rest of the crypto coins are very risky bets even more risky than vc investments in my opinion. Yes alt coins will likely go up with btc and ones that survive this crash will be more robust but after seeing just how tipsy even the larger institutions are in crypto it doesn't make sense to me to be on anything more volitiale and somewhat risky than BTC & ETH. I would diversify 80% BTC, 20% ETH and leave to at that. All the other alt coins are lottery tickets even with intense research it almost impossible to pick a sure winner.