Post
Topic
Board Altcoin Discussion
Re: Reason behind ALTCOINS not bouncing Back
by
semobo
on 23/02/2020, 05:23:53 UTC
Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:

        a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        C) Altcoin will still remain dead due to Bitcoin's FOMO
        D) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
        Most project dump their whole supply in market on its investors.
Project who cares about dumping their tokens on exchange should reduce the discounts on pre sale so they can reduce more short term investors and effect of dump when the project hits the market.But this is the only reason why new projects gets dumped? Not really because crypto market starts to overwhelm with new projects everyday but people are not ready to invest on the new projects.