Post
Topic
Board Altcoin Discussion
Re: Why are altcoins so fragile compared to Bitcoin?
by
Gladiator25
on 28/02/2020, 06:38:44 UTC
Hi friends:
What is the reason for the large fluctuations of altcoins in your view? Why are altcoins so fragile compared to Bitcoin and fluctuating with the smallest news? Of course, I mean the altcoins that have good ideas, professional support,... not the shitcoins.


Well, I think the reason why altcoins fluctuates is that there is not enough trader or supporters for the coin. Unlike bitcoin, ripple, litecoin and other well-known coins, the newly created digital coins will have a hard time to keep in touch with the famous coins. Since, they are new coins, their price is not a high as expected and it will hard for them to compete to the other coins.