Post
Topic
Board Altcoin Discussion
Re: why do you keep allcoins?
by
blockman
on 08/08/2021, 16:44:17 UTC
Actually, the issue of waiting depends on those of us who have coins, who believe that in our opinion this coin is not possible or it will be very likely that the coin will peak in value, so the point is not really how long we have to wait, let alone for years, but when we have reached that price belief. up to the limit we predict, then at that time we release the coin, the point does not have to be 2.3.4 to 5 years
Yes, that's not the point but it's all about what you think to the future of the certain altcoin that you've chosen to hold for a long time. Just like me, I believe in Ethereum and most of the altcoins, this is the altcoin that I've invested most and believe in its future. And luckily, I didn't go wrong with what I've believed in it and for a couple of years, my patience and trust in this coin came into fruition and we saw how it's going lately and with all of the updates that came into it, with the fork. Although the fees seem to be outrageous again, yet still that's fine and it will calm down the fees later on once it stabilizes.

I wouldn't consider an alt coin the same way I would consider many of those worthless and senseless coins as alt coins. Ethereum is a whole different from Bitcoin, completely different goal. What's happening on the Ethereum platform is what you can call alt coins. So many bad coins that have no reason to exist other than scamming people for their money.
They have been exploiting the market and even if there's already a warning from those people that are concerned telling people that they shouldn't invest to a likely scam project. They still do, they don't listen to warnings and they invest because they're gullible enough to be fooled by those scammers that makes it look like a legitimate project but it is completely nonsense and useless projects that they're building under the umbrella of Ethereum. There are also in other chains so there's no exception.