Post
Topic
Board Altcoin Discussion
Re: Why altcoins are rampant in the market
by
zachyboy090118
on 23/07/2021, 08:08:43 UTC
When people saw the value of Bitcoin, they also created various altcoins. It will run away after harvesting and have no real value. Although these coins are not reliable, there will be some people who are willing to bet that altcoins can explode. Some people who make a profit from investing in Bitcoin will also choose to invest in altcoins.
In such a messy market, how should we invest in cryptocurrency? What should do with these altcoins?

In my own opinion, we need to invest on old coins rather than new coins. Most of the time when btc is in high value, all coins also rise up and defend on btc. We need to be aware, because thats the time newly coins promoted and do there job to make there token valuable or turn into shitcoins. I think if we really like to invest in others coins, prefer on those mature coins running in the market for more than 3 years and up and have a good reputation in the cryptomarket.