Quote from: rosezionjohn on August 22, 2019, 06:52:50 PM

Quote from: allaking on August 22, 2019, 05:07:34 PM

A friend of mine who is a holder of ethereum and xrp once told me he has lost confidence in the altcoins because it has nothing to offer and the altcoins always follow the suit of btc. The rate at which it is going down has brought fear to him. And I believe he is not tge only one thinking tge same way. If we are to open a floor for people to share their experiences and thought about altcoins, you will be amazed. But one thing I always tell him and I believe it goes for all those who share the same thought with my friend is that never lose confidence. This is not the first time altcoin market has done this. There is good days ahead and the market shows. I believe this is the time to buy and hodl more of altcoins like eth and xrp. Enjoy it while it last because it may be too late some days ahead.

In a nutshell, never be fooled by the market today. Look at the bigger picture and hodl for the future. Altcoins all tge way. I am for altcoins.

Tell me, which altcoins have you invested into and held for a long term. It's easy to talk and make up all these stories. How can a person not lose confidence when he bought at $1000 and it dropped to less than $100?

One should understand before investing in altcoins that the price of the coins will drop in the starting because for the first few years its impossibe to make profit out of any business. It takes time and hardwork and most importantly patience with rigorous marketing. But many give up after 2 or 3 months including the investors and the team members. When people loose confidence because of this they decide to sell all their crypto assests including eth and major cryptos which cause a drop in the price.