Post
Topic
Board Altcoin Discussion
Re: Reason behind ALTCOINS not bouncing Back
by
darewaller
on 23/02/2020, 17:33:25 UTC
       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
        [colo r=red]Most project dump their whole supply in market on its investors.[/color][/u]
Altcoins have hardly been a stable source of investment. Those who invest into such altcoins have to prepare their mind to face excess loss. At the current situation, I do not think that majority of the holders might be in loss because already the markets have been recovered and the prices are moving on the ascending graph pretty quick.

Most of those investors/traders who have the ability to hold would have profits and would cover their loss but those who would not even hold their coin for few more days would surely land up in loss. We might not call such people as experienced traders. Experienced traders already know how to profit from the bearish trend and they might make enormous profits in the bullish trend.