Post
Topic
Board Speculation (Altcoins)
Re: Will the price of Altcoin be good in 2020?
by
hulla
on 07/01/2020, 20:58:55 UTC
In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?
I think it is not possible for mass alts, but it will be possible for alts in the top 10. For the past 3 days, when bitcoin continued to grow, only the top alts grew. in addition, all alts outside the top 10 have dropped because investors sold tokens to buy coins in the top 10. I'm worried about a market where only the top 10 coins actually work, in addition All other coins die. If this were to happen, it would be a disaster.
First of all, i want you to know that coins are ranked on capital market base on there trade volume and capital not by there performance in the market and for an altcoin to make it to the top 10 doesnt make the coin to be good investment. But, this year will be year for bitcoin and altcoin that have the right utility to survive in the market.