Post
Topic
Board Speculation (Altcoins)
Re: altcoin growth too slow?
by
EXtremeAEX
on 20/08/2019, 22:41:51 UTC
when i compare the markets with the bullish trend years ago i get a bit confused.
the growth always came along with bitcoin but when i see the altcoin today the growth is a bit (how i might say that...?) ridiculous...
will this change or will the volume still be so low? 24hr highs and lows variated beetween dollars back in the day at 100m coins but
today it grows a few 0,x1-3 at a btc pump and then everything is falling apart back at one little red day. the altcoin market feels a bit like a sick patient to me that trys to get revived by a lot of effort but every little stop its dieing again...
A year ago there was a bull market, so everything that happened with coins in this period is significantly different from what is happening now. Indeed, now the market is bearish, so you should not be surprised at such a slow rise in prices.
I assume that soon the phase of growth and tide will begin on the market for new investments, and in 2020 we will again see a real bull market.