I bought waves a while back. I always thought waves would be big and people say it would beat ETH. Well besides the price going up a lot when every other coin went sky high a while ago, this coin has shown no progress at all. The price has done nothing but drop down or when other altcoins go up, it barely goes up much. Also most ppl definitely bought waves at higher than the current price.
What confuses me is how is this possible when there are so many updates and things going with waves? Shouldn't the price at least go up a bit?
Waves is not the only coin having this type of challenge, we have other coins too that has been very great in the past now so stagnant and not moving in the market.
I just believe that the recon why some of them are no longer increasing is because we have less investors, and the few investors that we have keeps getting carried away with so many new ICO that are coming up now with the promises of having a better idea than the existing ones.
One thing I am sure about is that these once great project will still get their glory back as we can see that attentions are now being diverted again to old project, which is why coins at the top marketcap has been recently gaining so much increase.
you keep saying "when other altcoins go up" as if Waves is the only coin dropping while everything else is rising! that is not true. all the altcoins are getting dumped these days because bitcoin price is rising, that is not something specific to Waves or any other altcoin, it is because people are exiting altcoins and going back to what they have always cared for investing in (that is bitcoin).
in altcoin market if you want profit, then you should learn how to trade instead of buying and bag holding and hoping for a rise. that strategy will never work.
Just like you acknowledge, this situation is not only related to wave alone but virtually all altcoins too and I believe that waves has not become a coin that should be classified as bag holder coins. Most people selling their altcoins now are just doing so temporarily, those are the ones that really understood how crypto market functions.
When it is the right time for investors to pull the altcoins out of bitcoin after getting the desired profit, I am sure they will not hesitate to put the investment back into altcoins, and this is the actions that usually lead to suddenly increase in prices of altcoins later in future.