Post
Topic
Board Speculation (Altcoins)
Re: Altcoin's price is disappointing!!!
by
gabmen
on 31/10/2019, 01:11:22 UTC
Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.

The easiest way to justify that - is by saying this is not a good year for altcoins as the market favors bitcoin more. Bitcoin is currently dominating over 67% of the entire cryptocurrency market capitalization, the entire altcoins market is left with less 34% of the market dominance.

You're only disappointed because you have high expectations, mostly in the short term. The entire market's not been doing good in general for majority of this year and last year but it's improving. Look a little bit forward. Each of these coins will have their time. I bought TRX when everybody thought it was shit already ar 135 sats but now I'm already in profit. That's just how the market goes.