Real simple: I post a question that is on the minds of many. No blabbing, no extraneous material. I pose a question and we discuss the pros, cons, etc.
Today's question: How to handle Crypto Market sell-offs like today (6/26/17)
I don't have a great answer. The question is more of a talking point. However; I have 2 statements.
Ripple didn't get that bad of a 'beat-down' as most of the coins. I was watching closely. I own Ripple (disclaimer) which leads into my # 2
Is the best strategy to have a sizable portion in Bitcoin, Ripple, and other more stable coins (which ones?), so that when this happens again, one can pounce on the 'buy' deals after the carnage? I suppose I could have $ in my USD wallet as well, but then I'd have to quickly buy bitcoin, then transfer to other exchange (i.e. Bittrex) and then buy.
Mann, I was thinking today to myself "watch...the carnage will stop and once ETH starts back upward, everything will follow" And that's what happened...or at least that's how I saw it.
Any thoughts??