Post
Topic
Board Altcoin Discussion
Re: Next year will determine the fate of altcoins
by
cryptonewbie
on 30/08/2019, 20:48:27 UTC
I don't know about you but as for me i came into this crypto space in 2017 and i started investing in crypto in 2018,really ive not been around for so long and quiting now is just a stupid idea to me,to make thousands of dollars in crypto appear to be outlandish now but i still believe that nothing is impossible in this world,market is in an exceptionally awful shape and bounty projects are just doing anyhow they see fit but yet i won't give up this easily,next year 2020 will decide which path i will take whether to quit or not since next halving is on 2020 so whether altcoin will see better resurrection or not we shall see,for now i dont mind promoting bounties and trading to stay alive
I think 2020 may be a good time for the market to have new growth but this is just my personal prediction because the current downtrend is still happening. I personally do not have a strong belief in the other coins available in this market because the current investment demand is very low and there are many risks in investing. Now is not a good time to predict altcoins because I believe other top coins will still have more major corrections this year.

2020 may come and we may still be in a downtrend. It is now too difficult to predict the cryptocurrency market as even news of bitcoin bakkt is not pushing it into a bullish mode. Many altcoins will not survive beyond 2019 with the way things are going and Bitcoin dominance is just waxing stronger by the day. Even the top 10 coins are shivering