Post
Topic
Board Altcoin Discussion
Re: Is the altcoin market being manipulated in 2020?
by
Kersh768
on 16/01/2020, 15:08:50 UTC
Hello There!  Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020?  Huh
Is it safe to trade ERC-20 tokens and is it possible to earn something else?

Due to the recent happenings that includes ICO projects which most of the Altcoins we know as well as those that existed in the market came from, which includes scam and failed projects, people are suddenly losing their interest of getting into Altcoin which makes it to have a bad impression specially for the newbies that are avoiding to invest into Altcoins so they mainly focus their attention in just getting into Bitcoin. We are just getting started in this year 2020 and this was still too early to conclude if the situation has already changed or not for the Altcoin market. But there could be a possibility that the bad impression about Altcoins will change once people realize that not all Altcoins are bad because there are still existing once that are good and have the potential of growing and be profitable. People have just lessen and diverted their interest from Altcoins to Bitcoin due to bad happenings and the sudden drop on prices of the Altcoins that exist in the market but if that scenario will be changed into something good this year, probably, Altcoins will regain the interest of the investors and the Altcoin market will soon to be lively again.