Post
Topic
Board Altcoin Discussion
Re: All alt coin become shit coins.
by
bitcoinmar
on 16/09/2018, 09:23:55 UTC
Since Bitcoin holding in good position but alt coins are bleeding everyday. It's look all alt coins become shit coins. I will not surprised if alt coin price become below ICO price. Lol. I was wrong that alt coins holding more profits from Bitcoin. I have more than 50% loss on alt coins. Although I am not going to sale in loss even I have to hold more than years. But I don't think so market will recover soon. There is too much negetive news about crypto currency. And it's already effects on alt coins.

However current situation but I think this is good time to invest on crypto currency. But invest only whatever you can afford loss.

Yes, I do agree. I think this year (2018) is not a good option for us to invest or hold a lot of altcoins.
The bearish market still continues.

I think this is a recession as many investors took profit earlier this year, ICO projects started to liquidate investment assets (mostly ETH) to maintain the project, and also by the projects Ponzi and fraud make the market continue to recession this year