Majority of altcoin = scam

[sfa00076]

When btc dump, they dump
when btc pump, they even dump harder wtf

[Za1n]

When btc dump, they dump
when btc pump, they even dump harder wtf

Congratulations on figuring this out. The trick now is to find which ones have a potential future and which ones don't, as you are right in 5 years a lot of these so called "alts" won't survive, or still be worth pennies if they do.

Of course I think a lot of people actually do realize this truth and are just playing musical chairs taking advantage of the profits offered by the pump and dump nature of these coins. Just don't be the one left holding the bag when the music stops.

[headachy]

When BTC will be too expensive for a normal person to invest in it, then people will jump in altcoins...So yes find a promising coin and see where it can take you in a few years.

[nickericb0b]

When BTC will be too expensive for a normal person to invest in it, then people will jump in altcoins...So yes find a promising coin and see where it can take you in a few years.

What is the logic in that? People don't just look at the price to decide on what to buy.

[traderethereum]

When btc dump, they dump
when btc pump, they even dump harder wtf

i am not too worried if altcoin is dump because i am sure that the price will be recover and reach the higher price. we've seen this before and now altcoin price is down into bottom but there is many altcoin which have positive chance to back increase. with a patience, we can see the rise of altcoin and in that time, make sure we don't missed to sell our coins.

[tokeweed]

When btc dump, they dump
when btc pump, they even dump harder wtf

Don't stick to it as a rule.  Just a few months ago when BTC pumped, altcoins pumped even more.  I know it's quite frustrating getting no profit sometimes but as a trader you have to adapt faster than the rest to stay ahead.

[yonton]

sounds like xrp

[nelmari]

That's the downside of altcoin trading, it is the same as bitcoin it's also unpredictable. There are time when bitcoin price dumps it also dumps hard but  when bitcoin price goes steady it tries to increase slowly.

[dalecom]

Try to pick alts with utility value, not just alt-coins or speculative value.
I'm expecting a good alt coin run once bitcoin tops out and people move their profits into them.

[Pierre 2]

There are obvious scams in altcoin market but definitely not majority.
When I look into coins list there are at least hundreds of useful products and assets there sitting.

[Apened]

When btc dump, they dump
when btc pump, they even dump harder wtf

Well its not called a scam, if you think and analyze it majority of the altcoins were being dump after btc price rise just because altcoins are depending in bitcoins , but not totally all it was affected of the main currency knowing that our major use to trade is bitcoins or btc .

[asriloni]

When btc dump, they dump
when btc pump, they even dump harder wtf

Even some of altcoin will be rolling out the product in the future and it seems you will still be calling them all as scam coins.  Have you seen the latest pump of the majority of altcoin? Because altcoin wasn't following the bitcoin for 100%. You must see it in the coinmarketcap.

[Makka]

When btc dump, they dump
when btc pump, they even dump harder wtf

That is the puzzle here that everyone who is into trading really has to solve and find a way out. I cannot understand the ways of crypto totally also. But I am carefully choosing those coins I think will really receive the blow of the dumping without much effect and continue climbing. I have been wrong several times though. 

[LouVandetta]

When btc dump, they dump
when btc pump, they even dump harder wtf

This is not a scam.

And Welcome to the cryptos world.
Now you understand how the market goes, right?
But, there're some altcoins that did not affected by bitcoin price.

We need to be smart for this. Just so you know, there are lots of alts out there.

[Idrisu]

When btc dump, they dump
when btc pump, they even dump harder wtf

As at last year whenever bitcoin core is pumping altcoins get dump and whenever altcoins is pumping bitcoin core get dump but now when bitcoin core get pump altcoins get dump and when it dump altcoins also get dump. I think everything center around bitcoin and others cryptocurrency are like not getting power to compete with bitcoin. It then mean the best investment is to buy bitcoin when it dump and sell when it pump continuously instead of buying altcoins.

[zorranco]

They promised me I would have a lambo in 2 months...

GTFO, kid

[yunuzov]

Well i don't see a big surprise here we all know BTC is the main actor here but if you want to get some cash you better read the potential of alt coins carefully. There will alts like precious gem time to time. Just don't ignore them completely and you will be fine.

[Intristing]

They promised me I would have a lambo in 2 months...

GTFO, kid

If you buy the BCC now, you might be right.

[Riuzan]

A lot of projects are scam but there are others that can be good in the future (usefull and competitive)

[dalecom]

I think the word "scam" is thrown around too much, yes there are a few scams but the vast majority of projects are honest.
Just do your research before throwing money at a project and you should be ok.