Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
I agree with you mate it is possible altcoins will end if the project team investor not doing focus and do their job to improve the altcoins they have. Bitcoin limited also holding this is possble to get huge profits specially if the demands volume increased.
An altcoins that is used for something very important, that is, if it has found real use, will always find its way back, come what may. It will always be needed for the purpose it is meant for.
We need not to be afraid of whether altcoins will be fine and not be used it, you should just ensure you have invested in the right or good altcoin.
Yeah that is truly correct altcoin have an very important rules because altcoin is part pf crypto virtual currency, but the reason altcoins possible to end due to a lot manipulation and people scared to invest, that's only my own opinion and view for the altcoins future if system of each devs not make possible solution to improve.