Quote from: Golftech on September 26, 2019, 04:04:41 PM

Quote from: wendiar19 on September 26, 2019, 01:58:34 PM

Quote from: raden1922 on July 15, 2019, 05:51:56 PM

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

Competition between new and old altcoin will always happen, and new ones always bring new things better than altcoin before.
I think it's natural that the price of old altcoin will be affected by its young competitors.

The threat between new projects will be felt by old projects as there's always rivalry that will be created inside crypto sphere. The market ain't easy to predict the outcome due to many factors that will affect the future of certain coins that you'll be supporting. As follow, you have to be more specific and you need to stand firm with your chosen investment.

The future ahead will lean to how the progress will come up inside the market, don't stop looking for your opportunities.

Of course, there will be 10,000 new tokens in the cryptocurrency market in the next 5 years. This is a completely normal situation.