I do not think that people have lost interest in the Altcoins, in any case, those who are in the crypto market for a long time. Previously, the Altcoins showed much more rapid growth and good profits. But today top coins have become too "heavy", too much money is invested in it, too many people want to sell the purchased coins at no loss. This leads to the fact that the price is extremely difficult to grow in such conditions.
Only people who don't know crypto are losing interest because prices are falling. falling prices are natural, so why aren't you interested because prices fall? even though the price will recover after that, actually the falling price is an opportunity right? I am not sad or even lose interest, because I understand it as market dynamics
Topic: People are losing confident and interest in altcoins (Read 10400 times)
I personally see bitcoin as the king of the cryptocurrency industry, but that does not mean that I don't invest in altcoin. Altcoin like MPCX is a great choice for me as the project has a real use case and is presently having the tokensale across several platforms including OOOBTC exchange. I have a firm conviction that the project would do well.
It's a logical investment strategy to hold both bitcoin and promising altcoin on ones portfolio. Investment in bitcoin is a sure way of making more money, but investment in altcoin with promising project is a better way. MPCX is a promising project who has secured partnership with several big shots and blue chip company's and there's no doubt that the project would do well. The IEO is live now on OOOBTC AND PROBIT EXCHANGE. its best to hold some for the rainy day.
Bitcoin is a great coin to hold, no doubt. But if you want a higher return, altcoin is key. There are several altcoin in the space, that's why one needs to make some research before taking a decision. I would advise that MPCX is considered in making research, because I consider the project to be of great potential and she's holding her IEO presently in OOOBTC and PROBIT exchange at less than 5 cents where the several incentives is considered.
It's understandable that there are several shitcoin in the cryptosphere which may have been the reason for the disappointment and frustrations. One need only a good move to recoup all the losses and MPCX IEO is the opportunity you have been waiting for. The IEO is live presently on OOOBTC, PROBIT and MPCX platform. This project is backed by IBM, WIZZLE and other great organization. This could be a life changing offer to get the tokens for 5 cents only.
There's a better opportunity to make more earnings holding low value altcoin with good potential, than holding only bitcoin. I made an investment in MPCX project lately which is presently on IEO. The coin is going for 6 cents at OOOBTC and PROBIT exchange and the IEO just commenced today. MPCX is a digital wealth Management Platform with great partnerships. I believe this project has the potential to give a x10 in less than 6 months after the platform is lunched.
I do not think that people have lost interest in the Altcoins, in any case, those who are in the crypto market for a long time. Previously, the Altcoins showed much more rapid growth and good profits. But today top coins have become too "heavy", too much money is invested in it, too many people want to sell the purchased coins at no loss. This leads to the fact that the price is extremely difficult to grow in such conditions.
I agree with your opinion, that for investors with small capital it is certainly very difficult to play bitcoin, because all popes gather there. Altcoin still provides opportunities for crypto trading, the real advantage is the same because of various factors such as proper analysis and luck.Why do people hunt bitcoin, of course, the price factor is very high and its popularity is global, so the appeal is greater, but the capital needed to trade must also be large. Small capital must be good at seeing space to play in order to enjoy the benefits.
I do not think that people have lost interest in the Altcoins, in any case, those who are in the crypto market for a long time. Previously, the Altcoins showed much more rapid growth and good profits. But today top coins have become too "heavy", too much money is invested in it, too many people want to sell the purchased coins at no loss. This leads to the fact that the price is extremely difficult to grow in such conditions.
Only people who don't know crypto are losing interest because prices are falling. falling prices are natural, so why aren't you interested because prices fall? even though the price will recover after that, actually the falling price is an opportunity right? I am not sad or even lose interest, because I understand it as market dynamics I think altcoin can be an alternative investment after bitcoin. Lots of good altcoins and can be used as long-term investments like ethereum, EOS, or top 50 coinmarketcap. Bitcoin may not dominate the cryptocurrency market forever because investors must choose the most profitable investment
The position of Bitcoin being the original coin will hold. As for Bitcoin being priced at #1 in CoinMarketCap -the prices of most coins will be able to dominate it if given the chance...I think that Ripple could in many years push Bitcoin off the #1 rank.
I think altcoin can be an alternative investment after bitcoin. Lots of good altcoins and can be used as long-term investments like ethereum, EOS, or top 50 coinmarketcap. Bitcoin may not dominate the cryptocurrency market forever because investors must choose the most profitable investment
I do seem to agree with you. One can only lose confidence in an investment when it becomes clear he made a bad decision.
Now to your question, there are good altcoins in the crypto market which have been performing well , I think the problem has always been the type of altcoins we hold. Thus holding this good coins, even when they drops in value will surly bounce back with time.
If your question is about the general altcoin, that is, altseason; be rest assured their time will come but no one knows when.
Now to your question, there are good altcoins in the crypto market which have been performing well , I think the problem has always been the type of altcoins we hold. Thus holding this good coins, even when they drops in value will surly bounce back with time.
If your question is about the general altcoin, that is, altseason; be rest assured their time will come but no one knows when.
Most Altcoin cannot be relied on well for now, because only Altcoin that has good quality is the strongest at this time, for example, ETH. BNB, XRP and other Top 10 CMCs that are worth investing in.
People may be losing trust in the altcoins now, but when they start to grow, trust is bound to return to the altcoins
investment with crypto currency if we know the risks we will get in investing maybe if we know the risk we will have more confidence and patience in investing and will not lose trust
Well I think they shouldn't, yes the value of altcoin is dipping ,very red, what I think is for people to buy these coins, select some good coins and hold for long term, you will be happy you did
The crypto market present on the downtrend. We only need the price of bitcoin to be stable, then btc investors might take their profits before moving to altcoins.
Even if it does not affect all altcoins positively, at least the top altcoins will feel the impact.
I envisage that if anything should make ETH to pump, even new altcoins will grow in dollar value.
Even if it does not affect all altcoins positively, at least the top altcoins will feel the impact.
I envisage that if anything should make ETH to pump, even new altcoins will grow in dollar value.
One reason people loose interest in altcoin is because of fake projects. I have taken time to study some projects and selected some to invest in. MPCX is a good project to invest in, it has a high return and I am planning to invest more in it. It is a unique exchange with a well structured team that considers investors and its community at large.
I think the confidence will start to return as btc retraces huge and dumps faster than altcoins. A lot of confidence will return when we start to notice the pumps come into altcoins higher when compared to btc.
I do not think that people have lost interest in the Altcoins, in any case, those who are in the crypto market for a long time. Previously, the Altcoins showed much more rapid growth and good profits. But today top coins have become too "heavy", too much money is invested in it, too many people want to sell the purchased coins at no loss. This leads to the fact that the price is extremely difficult to grow in such conditions.
Do you think it ever going to be recovered and if you think, yes, then how long?
I think it is because of the development from the Bitcoin side and we will not worry about that because when Bitcoin is developing then it will be helpful for the other currencies development only so no other problem will came to the investment that we made after the Bitcoin. 
It is sad for the altcoins that people are only interested to trade Bitcoin. Ethereum did lose a lot against Bitcoin since the beginning of this year. Are altcoins going to recover now?
People are interested to trade only with bitcoin because bitcoin is the first crypto coin, It has good history and price of bitcoin has been rising time to time, people found it the safest and the easiest investment ever, new investors can try trading with other altcoins but old investors are only trading and investing with bitcoin or ETH. Jump to: