Post
Topic
Board Altcoin Discussion
Re: Why are altcoins so fragile compared to Bitcoin?
by
Xampeuu
on 28/02/2020, 06:57:21 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.

Altcoins are much more fragile than bitcoin because it has a less supporters than Bitcoin. Also, altcoin is having a hard time to recover after a dump unlike bitcoin that can easily recover because of its supporters. Altcoin supporters after a dump is scared and does not want to invest into it anymore that is why it takes time for it to recover.

indeed bitcoin is the first choice for stability and security. with a large community bitcoin is a trusted coin in cryptocurrency. this is followed by altcoins, but only a few altcoins can be used as a reference for long-term investing. besides that the level of trust is also important to maintain the community