Post
Topic
Board Altcoin Discussion
Re: Trouble of Altcoins
by
Vishnu.Reang
on 15/07/2019, 17:38:15 UTC
Friends today I checked the market in the morning and it's just awful, falling, falling, and falling again. What altcoins do you think should be kept from top 10 or buy or drop part of the portfolio and keep only Bitcoin and possibly Ethereum that has fallen? As much as I understand this year it's better to hold?

You need to remember that the altcoin boom in 2017 was mostly caused by the ICO craze. So it is only natural that the valuations return to the pre-2017 levels once the ICO boom fades away. The major difference is that there are far more different coins in existence, than we had two years back. So there is greater competition for the same resources.