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Author Topic: Reason behind the fall of altcoins???  (Read 397 times)
crzy
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February 02, 2020, 11:11:36 PM
 #41

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.



Bitcoin drops that much last year and maybe, bear market is really strong. You have nothing to worry right now because its pumping, and ETH made a good bounce back after the dip price. This year will be more easy for us, and no more big dumps. Have the best positive attitude with you mate, trust the good altcoins again.
RussiaUkraineTranslation
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February 10, 2020, 12:32:43 PM
 #42

You can profit even in a bear market by buying exchange tokens like BNB and ecxx.
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February 10, 2020, 01:20:11 PM
 #43

That's the nature of the market, especially in crypto which is very high volatility. one of the reasons for altcoin to fall is that there are no significant updates and newer innovations tend to be in demand, it is appropriate if investors dump the altcoin. also most people have the investment route, Bitcoin => altcoin => Bitcoin => altcoin => Bitcoin = Fiat ..  it can be concluded that people investing in altcoin is only for bitcoin or fiat, so it is very vulnerable if the project does not have a significant update, IMO investors will dump all coins. to recover alt market conditions is also very difficult, one of the reasons is that investors are more focused on bitcoin movements.

:v
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