Post
Topic
Board Altcoin Discussion
Re: Which altcoins will grow in price faster if the market recovers?
by
Fallenkeith75
on 19/03/2020, 14:28:33 UTC
The fall of the crypto market has stopped. At least some altcoins have not fallen in price for several days and even show weak growth.
Everyone knows that the time of crisis is the best time to buy.
Before the strong fall in the price of Bitcoin, I sold my coins and then managed to buy them back at a much lower price. Now I have money left for additional investments and I am thinking of spending it on bitcoins to average out in case of a fall in the price or better to buy other coins. What kind of altcoins do you think will grow in price faster if the market recovers? I am more interested in your reasoned opinion than the name of a simple coin name.

I think utilization and hype are keys to such. Hype often lead to pump and dump events for 99% of projects, but utilization is important in my opinion. Utilization means that it has something that people can use the project for (i.e a usecase). The entire market should eventually go back up (everything just crashed way too fast in my opinion), but I think at the very least, projects with a good utility and not just hype will be the way to go (in 2017, it was mostly hype that won the day, but investors seem to be much more discerning now).