Post
Topic
Board Altcoin Discussion
Re: How true is this?
by
isaac_clarke22
on 19/12/2020, 18:50:51 UTC
Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
Yeah, but it usually just dies out pretty much after the season anyway. Altcoin season might be also the wolf's season to hunt for their preys to scam.
There were a lot of those back in 2017 and I wouldn't even be surprised that many would do it again since Bitcoin pretty much got past 20k and there would be many not wanting to miss the train already.