Quote from: chris200x9 on August 18, 2018, 01:36:04 AM

Quote from: Vickyrichy on August 18, 2018, 12:28:56 AM

People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.

A lot of people in crypto are to make a quick profit and they are not interested in understanding how it works and what is its future use or any other reasons. Their main aim is to make money and if that is not happening then they will start comparing with other coins which are either more stable or going up in that movement. I don't we can do anything for this segment of people.

Exactly, and to them, anything that goes up quickly is the same. People who compare these coins are most often focusing on the market movements and the price action rather than the actual coin's value itself. A lot of people have bought and sold the coin, and that's reason enough for them to jump on the train for some short term profits.

I wouldn't think that they're anything like each other. Bitcoin is the only coin that is still strong enough to withstand multiple tests. These other ones are fading away...