Will 2020 give new hope to Altcoin?

[Tash]

2019 had been not so good for altcoins as this year has given us number scam projects and as a result, some of the genuine projects have been failed wherein people just pretended any projects with ICO as a scam. I think 2020 will bring new hopes and some good project in the market by considering 2019 as a learning area.

Every year in the past 10 years has provided some scam projects, including 2019, nothing changed.

[TheGreatPython]

Somehow managing to cover your investments with diluting is never in the minds of people. They always think that if they put their money into multiple crypto currencies that is somehow diluting but the reality is you are still putting %100 of your money into crypto and that is not acceptable, put your money into 5 different things that could be saved, if you do not have the money to divide that much, that kinda means you shouldn't do it to crypto neither.

If you have stocks, forex, gold (or any commodity), crypto and savings account that means you are divested enough into things that if crypto goes down, you will still be fine, if it goes up then you will make less profit but that kinda means you can make profit from other stuff at the same time as well.

[Anonylz]

Somehow managing to cover your investments with diluting is never in the minds of people. They always think that if they put their money into multiple crypto currencies that is somehow diluting but the reality is you are still putting %100 of your money into crypto and that is not acceptable, put your money into 5 different things that could be saved, if you do not have the money to divide that much, that kinda means you shouldn't do it to crypto neither.

If you have stocks, forex, gold (or any commodity), crypto and savings account that means you are divested enough into things that if crypto goes down, you will still be fine, if it goes up then you will make less profit but that kinda means you can make profit from other stuff at the same time as well.

People diversify their portfolio because market is unpredictable and on that note it is not easy to determine which among the coins will perform well in price, there is nothing wrong in diversifying especially when you are not very sure or want to maximize profit as possible,

Mind you crypto has the high level of increasing profit in short time unlike forex, gold, stocks, real estate, but they are more secured than crypto, people can easily lose money in crypto unlike gold or real estate, however, investing 50% on crypto and 50% on other investment will be much better and more secure.

[Tash]

Somehow managing to cover your investments with diluting is never in the minds of people. They always think that if they put their money into multiple crypto currencies that is somehow diluting but the reality is you are still putting %100 of your money into crypto and that is not acceptable, put your money into 5 different things that could be saved, if you do not have the money to divide that much, that kinda means you shouldn't do it to crypto neither.

If you have stocks, forex, gold (or any commodity), crypto and savings account that means you are divested enough into things that if crypto goes down, you will still be fine, if it goes up then you will make less profit but that kinda means you can make profit from other stuff at the same time as well.

People diversify their portfolio because market is unpredictable and on that note it is not easy to determine which among the coins will perform well in price, there is nothing wrong in diversifying especially when you are not very sure or want to maximize profit as possible,

Mind you crypto has the high level of increasing profit in short time unlike forex, gold, stocks, real estate, but they are more secured than crypto, people can easily lose money in crypto unlike gold or real estate, however, investing 50% on crypto and 50% on other investment will be much better and more secure.

That will settle in less then 10 years time.
Given the choice between US Dollar and Venezuelan bolívar it is not hard for most to select.
(Crypto)Currency is no different even so most have no inflation exceptions like stablecoins... but all have some kind of new coin supply or staking reward which is the devaluation rate per year.

[plvbob0070]

2019 had been not so good for altcoins as this year has given us number scam projects and as a result, some of the genuine projects have been failed wherein people just pretended any projects with ICO as a scam. I think 2020 will bring new hopes and some good project in the market by considering 2019 as a learning area.

Every year in the past 10 years has provided some scam projects, including 2019, nothing changed.

There will always scam project and it's totally difficult to eliminate them that's why we should be good at choosing projects. Even we face different scam projects in the last few years for me, I guess there is still a door for altcoin and there's always new hope especially on the state of the market. If you going to see the market you can see the different movements of altcoins which they rise along with bitcoin that's why I'm pretty sure that once bitcoin bounce back on its all-time price, all altcoins will rise too. We will definitely see big changes this year especially on the condition of the market or we can feel it after the bitcoin halving. We should be ready for the big changes and fill your portfolio with good altcoins so you can able to have tons of profits.

[bearexin]

As if it is something we could control ourselves, we all have some sort of idea of what will happen this year. Honestly I feel like it is getting out of our reach every single year, the more money involved in the crypto market, the less control we are having.

Normally, with more and more money involved it should be no matter how much money you have, you shouldn't be able to control it, however we are at a stage where regular folk that are not whales can't do anything because of whales, yet whales can do whatever the hell they want since regular folk can't go against them. So that means 2020 could see all altcoins have a new all time high, or it could mean the prices would go down, we may never know until it happens because it all depends on the whales that does this.

[Silberman]

Somehow managing to cover your investments with diluting is never in the minds of people. They always think that if they put their money into multiple crypto currencies that is somehow diluting but the reality is you are still putting %100 of your money into crypto and that is not acceptable, put your money into 5 different things that could be saved, if you do not have the money to divide that much, that kinda means you shouldn't do it to crypto neither.

If you have stocks, forex, gold (or any commodity), crypto and savings account that means you are divested enough into things that if crypto goes down, you will still be fine, if it goes up then you will make less profit but that kinda means you can make profit from other stuff at the same time as well.

People diversify their portfolio because market is unpredictable and on that note it is not easy to determine which among the coins will perform well in price, there is nothing wrong in diversifying especially when you are not very sure or want to maximize profit as possible,

Mind you crypto has the high level of increasing profit in short time unlike forex, gold, stocks, real estate, but they are more secured than crypto, people can easily lose money in crypto unlike gold or real estate, however, investing 50% on crypto and 50% on other investment will be much better and more secure.

Even if the market is unpredictable during the short term the market of cryptocurrencies can only do one thing during the long term and that is to go up, people should stop to try to make profits in the short term, you are just going to be manipulated by the whales and lose money that you could have easily avoided if you just were willing to hold your coins, but if you want to truly diversify your investments then you need to invest in something other than cryptocurrencies.