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Topic: Reason behind ALTCOINS not bouncing Back - page 6. (Read 711 times)

sr. member
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Merit: 257
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February 22, 2020, 08:33:44 PM
#6
the biggest problem is the honesty of the projects. all projects, all new and existing, are not honest with investors and they do everything possible only for their own benefit. if we will manage to do so that people will begin to understand when they are being deceived - then the altcoin market will begin to behave differently

Actually that isnt the case here. If you are careful enough you can be on their sides. Honesty isnt always preserved amongst these projects. Ive been in here for a long time and notice how this business is crash by those silly scammers.

Market is affected by a lot of factors, saw most of the investors prefer existing projects.

You dont hold the investors and they all have the rights to dump anytime they want to. And if they see the altcoin they hold make profit, why not sell it immediately? that is the purpos why they bought it and trade it.
I agree no one can hold grudge about who want to sell their tokens especially on bounty hunters side since they worked for it. No arguement here thats the reality.
hero member
Activity: 2072
Merit: 656
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February 22, 2020, 06:56:48 PM
#5
What altcoins do you mean here? Top altcoins or new fresh altcoins? If you are talking about fresh altcoins, indeed they are not recommended anymore. We all know that most of new altcoins are dumped once they are listed on exchanges. Then later or sooner, they have too cheap values that make investors get big losses. While for top altcoins, I think they are still worth and no problem to follow BTC trend. If you saw the market improvement currently, you must know some top altcoins that have already risen high.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
February 22, 2020, 06:43:01 PM
#4
the biggest problem is the honesty of the projects. all projects, all new and existing, are not honest with investors and they do everything possible only for their own benefit. if we will manage to do so that people will begin to understand when they are being deceived - then the altcoin market will begin to behave differently
member
Activity: 938
Merit: 13
AMEPAY
February 22, 2020, 06:39:00 PM
#3
One reason is that due to long long downtrend the new startups who raised funds from the crowdsales when low on funds because of low value of btc and eth and suspectedly they started to sell large supplies of their own tokens/coins which hurt the alt market really bad and i think even most people have started to talk about the start of bull cycle now but i still think that alts will still take quite a while before they can really surge.
hero member
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Merit: 579
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February 22, 2020, 06:17:03 PM
#2
You dont hold the investors and they all have the rights to dump anytime they want to. And if they see the altcoin they hold make profit, why not sell it immediately? that is the purpos why they bought it and trade it.

Anyone can sell whenever they want and you cannot blame bitcoin for this. If you want to avoid dumping of alts, buy bitcoin.
jr. member
Activity: 163
Merit: 6
February 22, 2020, 02:10:38 PM
#1
Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:

        a) We always expect a big hit and don't trade according plan.
        b) Many strong projects are effected due to shitcoins performance.
        c) Altcoin will still remain dead due to Bitcoin's FOMO
        d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
        Most project dump their whole supply in market on its investors.
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