Post
Topic
Board Altcoin Discussion
Re: Is Altcoins going to rock in this year !
by
imrul5
on 28/06/2018, 07:38:42 UTC
But have you ever wondered what the biggest drawback of altcoins is? Its price is very unstable, and sometimes it can even rise or fall more than 3 times in one day. This is unimaginable in the stock market. The key reason for this abnormality is that the price of altcoins is full controled by someone, this is a fatal flaw in altcoins, so most altcoins will eventually die.
In the case of any cryptocurrency, this is true. The price is too damn volatile at this time. But I am sure there will be a time when all the cryptocurrencies will have a stable position like real currency.