Quote from: drachman on November 05, 2019, 01:04:26 AM

Quote from: macchiato on October 22, 2019, 02:36:45 PM

I have been gone for so long due to my hectic schedule at the university, but since I have graduated already and I have taken my board exam I am now back here! Finally.

I have noticed how altcoins I own before depreciate so bad. I even have two or more kind which up to now have no value. Is the market tthat bad already? I mean, I can actually read threads here but ofcourse getting direct feedbacks from all of you who stayed all through out the time I was not around would be very helpful. Please help me learn about the new environment of cryptos now. Thanks.

This market moves so fast that being away for one year is the equivalent of being away for several years in other markets, if you had being holding bitcoin or other similar cryptocurrencies then you should be doing well since we saw an important recovery during the second quarter but most other coins have been doing badly, this is not surprising since there is no need to invest in such coins when bitcoin gave 3x during this year and many top altcoins gave something similar.

When I saw this market, I was already building the hate speech that I will give you until I saw that you were referring to bitcoin lol, because the only market that has fully been doing well is only that of bitcoin while altcoins are still very much stagnant, and stagnant is even still an understatement.

Most altcoins aside the top altcoins are seriously dying every day and it will take lots of energy for them to be revived again, so while he was gone, if he had invested in bitcoin as at that time during the bear market, I am sure he would have been back by now smiling because most of the investment in bitcoin that I did during that time he was away has really been a good one for me. I have made several profits within that space while the other altcoins are still struggling.