Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while some says it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.
So, who's responsible when the Coins dies?
In my opinion, it is very simple that we as traders must be able to choose altcoins that are able to survive in market capitalization because if the altcoin dies then no one is responsible. Here we are only looking for profit and that is the same thing with developers and investors.So be wise in choosing altcoins as your investment.
Exactly, that's what we are suppose to do but the question is how can one know the coin that will survive in the market just by merely looking at it, it's very hard to identify an alt that will do well and sometimes even with running some analysis we still choose the wrong alt most times. so my question now is how can one identify the right alt to invest in cause there are thousands of alt out there and to an extent I think it's just like playing gamble, and in gamble we are not certain of the outcome likewise investing in some alt.