Post
Topic
Board Altcoin Discussion
Re: Reason behind ALTCOINS not bouncing Back
by
cytpoway121
on 25/02/2020, 16:28:51 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
        Most project dump their whole supply in market on its investors.

Firstly, nobody expects a big hit, everyone (atleast 80%) are into crypto currency for the money, the profit, so when you buy outrightly, you sell outrightly at profit.

Secondly, projects do not dip due to the performance of a shit project in crypto market.

Eos cannot dip because Nem is doing bad
And xin cannot dip because waves is not good enough.

Thirdly, it is wrong to assume that altcoins are dead due to the dominant figure of bitcoin, altcoins strive, you cannot  count them dead because you trade wrongly

Dyor and focus on the best of altcoins because they thrive and bring profits always.

Fourthly, Bitcoin has not returned to its ath and u want altcoins to do that? Except a newbie, we are all aware that altcoins soarest price are dependent on bitcoin bull run.

Don't expect too much from trades that offers so little.

Finally, it is rare to dump all supply on the market, because it is track able by all investors.

Does team dump and ruin projects, Yes
But do not exaggerate it.

A good word out there, willing to learn more equally

Always dyor