Post
Topic
Board Altcoin Discussion
Re: Reason behind ALTCOINS not bouncing Back
by
ven7net
on 02/03/2020, 18:01:18 UTC
Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:

        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.

And why do you think that right now there should be a growth in altcoins? If you remember the end of 2017, you know that growth can only be when there is a massive purchase of cryptocurrency and not only by large players, but by the crypto community. Do you want to get a new flight to the moon? Then you need to wait for the signs by which we will see this event. Here are a few of them: they will talk about the advantages of cryptocurrency on every corner, banks will sell cryptocurrency, the introduction of cryptocurrency to our lives. Understand that a flight to the moon can only be if the cryptocurrency is bought in bulk, the only way the price goes up. I think you still have to wait 1 - 2 years, but you can already prepare.