Hello friend
I want to ask.
Seeing the growth of Altcoin in the last few months in 2018. Almost all Altcoins have fallen. Why do many people predict that from 2019 to 2020 there will be a soaring increase.
Do you think that the prediction will really happen?
And will you also feel the prediction that there will be an increase in Altcoin?
I saw many of my friends panicking. I feel confused to give answers to them.
can you give me an explanation?
Some alts are fantastic projects with great futures, others are okay, others are useless and will fail. It's not a case of saying all alts will do well or all will fail.
Many people, myself included, think that good alts will do very well in future simply because they have great use cases that generate huge benefits over existing solutions in real world situations. Look at ETH and smart contracts for a start, and think about how transformative it can be. Anything that is more efficient and more cost-effective than present solutions will surely do well.