Post
Topic
Board Altcoin Discussion
Re: Problem in trust or correction time?
by
asriloni
on 27/01/2020, 09:37:00 UTC
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
For me, old coins can be good for trading. And make investment is good on new project or maybe big coin for long term. That is what some people aim because new project or maybe new tokens that listed in market they will aim for short pump but big.
sometimes some new coins are full of surprises like you said. big pump but only happens in a short time. like ONE coin that doubles the price then falls. that's what short-term investors and traders are looking for.
When you are watching the market correctly and the early pump just like a cycle in the cryptocurrency. Remember anything in the crypto can be dictated as it based on the demands and supply that can be manipulated easily. The new coins just get the pump on the early stage but as you said that if that will not be so long. The real problem is sometimes the exchange sites even make it become worse than before.
That's why the investors difficult to trust the new coin without enough reputation among the crypto users.