Post
Topic
Board Altcoin Discussion
Re: Nothing is wrong with altcoins
by
travwill
on 25/02/2020, 19:49:51 UTC
Actually in general all the alternative coins have the same fluctuating nature when there is a change in the price of bitcoin. The striking thing that can distinguish these altcoins is how the management team they have can maintain their existence.

Any increase in the price of an alternative coin is due primarily to the fact that new money is pouring into it. This can be a real investment of large capital or fake using bots and fictitious cheat volumes.
In any case, there is some pattern related to the quality of the project.

Even if a project stands still for a long time, but has a potentially profitable idea, there is a high probability that a large market maker will enter this project and begin to manipulate the price.