I am not an altcoin fan but lately, I have spent some time on the alternative cryptocurrency board and I have seen a lot of topics bordering around whether or not to buy some coins and this makes me wonder why altcoins investors are full of uncertainty and always wanting to know the opinion of others before they invest.
Is there any other reason for this other that the high risk and high volatility of altcoins compared to bitcoin?
Are they asking because they know there are special skills in altcoin analyses or some people are good at picking g g the right coin to invest in?
There are several reasons why altcoin investors may seek the opinion of others before investing in a particular coin. One reason is the high risk and volatility associated with many altcoins, which can make it difficult for individual investors to make informed decisions about which coins to buy and when to buy them. As such, investors may seek the advice of others who have experience and expertise in analyzing market trends and identifying promising investment opportunities.