A lot of speculation has been made regarding that altcoins are dead we have seen fewer initial coin offering this year and part of those few has been a failed venture.
But never the less that is certainly not the end of altcoins
Running a lost as an altcoin investor can be easy because there are various altcoin out there And so many are poorly managed.
You can cut your losses to some extent by.
*investing in several top altcoin(spread your investment)
*seeking expert opinion
*disregard shilling or FUD
And if you must move a way from established altcoins
*study the volume
*check on the project owners reputation
*compare and contrast the white paper, potential investors and future possibilities of the coin.
And one major key for every cryptocurrency investor is patience and hold I repeat you your altcoin
Throughout last year, I tirelessly continued to repeat that the altcoins are not dead and the cryptocurrency market will recover. But many people were so depressed that they could not believe it. My friends every day said that this is the end and they will never return the money invested. But one didn't want to listen to me and the voice of reason. Unfortunately, most people worry only about what is happening at that moment. The future for them is hidden behind the wall. Well, as time passed and the market began to come to life, prices are rising and we all saw that there is hope.
I would like traders to draw the right conclusions from this situation.