Post
Topic
Board Altcoin Discussion
Re: Too many coin in circulation
by
ivankoh
on 25/03/2021, 14:29:16 UTC
Indeed, all investors from those shitcoins turn away because of the long bearish market of altcoins. Fears of missing in out made them out of control of their anxiety, that's why a good project turns out to be shitcoins nowadays. Hopefully, what happened last 2017 will be back this year and so on and new waves of productive project will come our ways then earn more lucky profit soon.
That's right, in general everyone will turn to projects that are more legitimate than having to stick to an obscure project like the project that gave birth to shitcoin, I think that's a very natural thing because every investor's goal is to seek profit in any project and that is everyone's goal here, so don't be surprised at that.
altcoins in 2017 and then the Asian Lunar New Year, ICOs almost disappeared and nobody cared after local bans from India and China.  Since then, not many altcoins are strong enough to weather that storm and the market.  That is also the reason that quality coins are getting better from the support as the bitcoin bull run begins.  Defi has made new breeze and perhaps it's a surprise when we return to 2017 glory with so many new coins.  History is always a factor to be considered in general.