Beating Buffett Series
The revival of the altcoins!
After weeks of a sea of blood, the last 24 hours have seen the altcoins taking a rebound.
First it was STEEM with a 60% growth, then now heading the chart is NAVCOIN with 25% surge! After a dip into the deeper end of the pool, ETH is back in business recapturing lost ground.
This is the reason why I always say patience pays. Instead of frenzy selling as it drops one should always keep their eyes open for a rebound to cut earlier paper loss.
It is true that those who have stakes in the altcoins have had their capital stuck for at least the past one and a half month, but as long as you have the holding power all is not lost.
Once bitcoin has established confidence in the general market, the risk takers will then move into the alts market to make quick bucks. The figures have proven this.
