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Author Topic: Is it harder for altcoins to increase in profits now?  (Read 832 times)
Ayiranorea
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November 21, 2017, 04:50:47 PM
 #41

It all depends on the market. You keep getting pumps and dumps, all altcoins are affected.
Just the other day Ripple spiked and had a 17% gain, but it's also expected it goes to $1 by 2018. We wont know unless it happens!
Yes, none knows the reality. Just based upon the speculations as well trust associated with the increasing investor base people have the predictions about the value of bitcoin. Most of the time till the price goes high people think of the growth and later used to feel bad of missing the opportunity.  As in the statement the price spike happens often and very few trust and invest.

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Sasuke102001
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November 21, 2017, 04:58:28 PM
 #42

Currently, values of many altcoins had dipped drastically. Ethereum has increased in its value a bit. There were many tokens which had a  value of like 0.5$, 0.7$  at the start of the year but has now increased in value quite by a good margin. It is not that it is harder for altcoins to increase  in profit, they would slowly increase in value with time but not all coins only some which are worth.
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November 27, 2017, 12:02:05 PM
 #43

Yes right now is very hard to predict alts that will go up we can see a good pump by early 2018 that time we'll increase our profits.. Hope you holding your coins.
Agreed! You need to wait and watch for having a fair idea about the market in the days to come. In my opinion, it is not that much harder to make out good amount of profit by altcoin even at the very present moment of time. It all depends on your skillset and the way you make the decision. You can still earn and earn something really good. You only need to believe in your capabilities.
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