Quote from: drachman on February 07, 2020, 02:42:15 AM

Quote from: Fatunad on January 27, 2020, 04:27:43 PM

Quote from: Ridwan.P on January 27, 2020, 04:24:21 PM

This is not a problem of a lack of investors, but because some people do not want to enter the market due to unstable price conditions. The crypto market in 2020 will be bright. Everyone certainly agrees with this. The price of Bitcoin will go up and be followed by several potential altcoins.

Some investors are afraid to invest because of the scam that mostly happened before. A lot of them have lost their money because they have not researched the project where they invested and just go with the flow because cryptocurrency was the latest trend to earn good profit before in 2016 and 2017. I'm glad this year the investors have slowly comint back to the market after they learned how to properly manage their investments.

That is one of the many problems with the market of altcoins, it seems a new altcoin season is on the door and that could be great for people like us but at the same time it is still not a definitive thing, we need to see how the price of bitcoin and ethereum performs during the next days and if we do not see an important growth it is likely the whales could short the market and make the price to drop really quickly I know not many people believe this is possible but it has happened in the past many times.

The reason why altcoins is not growing back then because most investors are afraid to risk their money in unsure projects that they might get scam or it will end up unsuccessful. But for now, altcoins like ETH and XRP is starting to grow it's value the same as bitcoin, that is why i think more investors will invest their money in top altcoins to gain more profit.