Bitcoin Forum

why people don't invest in altcoin? Why is it so under rated?

It's perfectly rated, altcoins are alternate currencies, bitcoin being the main.
Altcoins are connected to Bitcoin and if Bitcoin price falls, most of them will fall too.

Why?
https://image.ibb.co/mqO1Ck/LEVELS_i.png

That is a perfect representation of the market lol. Sucks being at the bottom though. I think I'll go ahead and create my own white paper...er..I mean coin

What about SysCoin?

Yeah...   You're  right dude...  Bitcoin is the main while the altcoins are alternate currencies for anybody..  They connected to each other thenif something happen in bitcoin,  there will be something happen with the others..

"people" are two groups.
those who are aware of existence of bitcoin and those who aren't.

anybody who doesn't know what bitcoin is obviously don't even know what the hell an altcoin is. so they will never invest in either of them.

but those who know about bitcoin. will at some point find out about altcoins too. and some of them who are interested in trading will buy them. others who are not willing to take the risks associated with trading will never "invest in altcoins" because it means loss for most people without experience.

So..alticoin and bicoin will continue to connect??Is that what you mean ??

That's how it is for now, we'll see if some new coin will break that connection.

i think in past when bitcoin up, altcoin down and when bitcoin down, altcoin price will raised. i think that is how bitcoin and altcoin related. but for now altcoin get down because bitcoin almost get fork maybe so they sell their coin before that. that is only my opinion

they are not under rated, they were been pumping all the altcoin, since two months, where have you been lately? there was a huge pump 2 months ago, and now investors are dumping to get money back, this is normal in this market and in bitcoin market also

altcoins arent undderated, but alot have a bad rep for being PnD scams

In my opinion, the value of an altcoin is decided by the project and the founder team, so, if the project is promising and the team members are trying their beset to achieve it, then the altcoin will be valuable.

Which one? They are not underrated, price of some of them is higher then it should be.
Also bitcoins is number one crypto and everything is compared to it.

Nice pyramid!

I think all altcoins are overvalued.
The main purpose of the majority of altcoins is to make more bitcoin.
So after this major pump its time to cash out to bitcoin and buy back low.

Because they are quick money makers and loose there value immediately. Its like temporary investment which can be done within flash of time and returns are achieved and they are “dumped”again loosing all the value. This makes me feel they are under-rated. I know they get you big profits but after all they are dumped likewise.

Country like where i am staying there is now way of buying altcoin from fiat currency . There is only one option buy bitcoin using exchanges by giving huge premium then send it to trading platform again transaction charge and buy and sell coins giving 0.25% commission again send it back to wallet again transaction charge and convert into fiat again transaction . Because this multiple chain of transaction charges people are not investing.

Just like bitcoin is under-priced several years ago, some altcoins with huge potential are under rated right now. The problem is nobody clearly know which one is the next Ethereum.

this now etherum down price too, last month etherum price 0.15 bitcoin equal 600 dollar
this now etherum price 0.086 equal over 200 dollar
and effect all altcoin use etherum token down price too

you want bitcoin price down to 200-300 dollar if you say several year ago, bitcoin price down same with end 2015 or early 2016, bitcoin can die
much people can cry, bitcoin miners can stop mining, and then big problem about transaction