Post
Topic
Board Altcoin Discussion
Re: People are losing confident and interest in altcoins
by
romero121
on 27/06/2019, 04:48:35 UTC
Do you think it ever going to be recovered and if you think, yes, then how long?

I think altcoins will recover after bitcoin is fully recovered and reached a new all time price, the spread of scamming altcoins, useless products and real use case for a lot of altcoins led to the fall of so many of them with investors losing their investments along the line that's why it is hard for altcoins to recover for now.

Some altcoins will recover, some will continue their way to zero. It was like that before, it's like that now, nothing has changed. Why some people lose confidence is understandable, they lost money with investing in the wrong altcoins, there are many of them who simply made many bad choices.
Believe in whatever you wish, know one thing, just some altcoins have a bright future, others will stay where they are if they are lucky, and if not they will go to zero.
This time the growth of bitcoin has been taking place independently without much of growth happening with altcoins. Upon the same large number of people have moved the investments into bitcoin from other altcoins. Hope the recovery of the altcoin market will happen soon.

As a beginning now the market of few altcoins have shown good signs of growth. The present market is dominated by bitcoin and the altcoins lack in dominance. There should be some good progress in the dominance level of altcoins to experience bull trend on altcoins.