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Author Topic: So many cryptocurrencies !  (Read 6270 times)
mung_nasib
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June 28, 2018, 10:42:22 AM
 #581

With so many crypto scattered now it will actually be bad for an investor in the future because the risk of fraud becomes greater and makes investors hesitate when not able to choose a crypto that can last long in the next few years.

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June 28, 2018, 11:58:49 AM
 #582

I do not think it necessary to make rules about the issue, let the competition determine the quality of a currency. we have the same rights here, but they should really give the best for their currency to get many investors.
I quite agree with you. Competition is the driving force for any marketplace and cryptomarket is not an exeption. So free competition is exactly what cryptomarket need.
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June 28, 2018, 01:04:33 PM
 #583

more than 1624 cryptocurrencies, and dont forget about a bunch of crypto projects that still on ICO and development. however, more than half of them only focusing theirself to become the next bitcoin. they just want their token or coin has high value to people.
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June 28, 2018, 01:20:34 PM
 #584

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?


Yes, there are really lots of cryptocurrencies around us but each altcoin has it's own platform. We must just focus on what is the best and profitable coin. It's a positive thing because cryptocurrencies these days are making and building a strong foundation for us to have an assurance that it would reach better in the future.
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June 28, 2018, 01:32:04 PM
 #585

Just think about it when cryptocurrency is increasing it is good to increase also the exchange because this will avoid the congestion of transaction in a certain exchange, and if we only have few exchanges then they can also manipulate the market, more choices also the better.

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June 28, 2018, 02:13:13 PM
 #586

if that happens now, what can i do, i still choose where many fans and qualified in the market. maybe that's the best way.
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June 28, 2018, 02:30:53 PM
 #587

if that happens now, what can i do, i still choose where many fans and qualified in the market. maybe that's the best way.

Soon there will be another alternative coins will come, however it's good to choose those coins that more accessible and easy to use and more benefits. Everywhere have a risk a if you willing to earn profits you need to take the risk.
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June 28, 2018, 03:38:52 PM
 #588

lots of crypto now, and if you are new to crypto, my advice is if you want to invest or trade, choose coin with market cap, market capitalization, supply and demands, volatility, highest. such as bitcoin or etherum. because if you try altcoin, and you can not wait for the long term, surely you will be disappointed. because the increase of other altcoin values is very slow.

Yes I agree. As time passes by a lot of crypto currencies are added in the market today. There are so many currencies to choose from especially when it comes to alternative coins. Crypto users and investors should be wise to choose and consider what is the best. Above all, it would be still bitcoin for me.
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June 28, 2018, 03:46:27 PM
 #589

There are many corruption cases in the world today. This new crisis requires resources and its rules and regulations. The mischief-maker will pump once and it will dump another time. This is the type of crime of corruption.
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June 28, 2018, 03:50:31 PM
 #590

lots of crypto now, and if you are new to crypto, my advice is if you want to invest or trade, choose coin with market cap, market capitalization, supply and demands, volatility, highest. such as bitcoin or etherum. because if you try altcoin, and you can not wait for the long term, surely you will be disappointed. because the increase of other altcoin values is very slow.

Yes I agree. As time passes by a lot of crypto currencies are added in the market today. There are so many currencies to choose from especially when it comes to alternative coins. Crypto users and investors should be wise to choose and consider what is the best. Above all, it would be still bitcoin for me.
well, maybe there are so many cryptocurrencies out there, and look the same, i also think like that. however, the number of altcoins out there has their own functions. well, altcoin has their own product and can only be used by paying using the altcoin in question. it will continue to be done as long as there are still many people who see.cryptocurrency as a good business.

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susila_bai
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June 28, 2018, 03:54:57 PM
 #591

lots of crypto now, and if you are new to crypto, my advice is if you want to invest or trade, choose coin with market cap, market capitalization, supply and demands, volatility, highest. such as bitcoin or etherum. because if you try altcoin, and you can not wait for the long term, surely you will be disappointed. because the increase of other altcoin values is very slow.

Yes I agree. As time passes by a lot of crypto currencies are added in the market today. There are so many currencies to choose from especially when it comes to alternative coins. Crypto users and investors should be wise to choose and consider what is the best. Above all, it would be still bitcoin for me.

Bitcoin is always a first choice of 99% of the crypto users but you should also be trading in other crypto currencies which are doing good and their trading volume is also high so that you can trade in them and increase you bitcoin quantity. Like if you have 0.1 btc then if you properly trade in this altcoins which are having high volume trade then you can increase your bitcoin investment from 0.1 to some 10 to 20% of more every day or week as per your trading stats.
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June 28, 2018, 04:00:27 PM
 #592

Do you know how many unconventional crypto we have right now, there are more than 1000 types for all and among them you have information about how many coins are so many coin we can choose to choose
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June 28, 2018, 04:05:59 PM
 #593

This is one of the reason that crypto is lagging. i think it will continue to under perform because of excessive supply of crypto currencies. Because of a lot of crypto currencies  the good ones are also in shadow.  well we will see what future holds.
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June 28, 2018, 04:19:32 PM
 #594

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

I agree with you completely, we need a regulatory body that will stop this mess and chaos in the crypto market. hundreds of coins are unnecessary on the Ethereum wallet, what to do with them and why we bought them ..... Coin dump.

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June 28, 2018, 04:28:06 PM
 #595

I don’t really see it as a positive thing, seriously it is affecting the community, but that’s for those who ate careless. And for legit exchangers who are starting up new, trust me it is not always easy for them due to the scam problems and lack of trust everywhere. We have participated in crypto currency investment by either buying or selling in the trading market
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June 28, 2018, 04:28:13 PM
 #596

There are so many cryptocurrencies now. And they have a variety purposes. We all know that. Thats why every token has their own white paper. So I am aware who are those shit coins and none. It is good for us because we have an option for us to choose on starting an investment but each crpytocurrency has its own risk for us to take when starting an investment or planning to trade in
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June 28, 2018, 04:28:22 PM
 #597

I think people should very careful in investment and then completely make sure that this currency is scam or trusted then they should invest in so that's why they will never lose their money rather they will get huge amount of profit. Same goes with the stock market there are still lots of stock to choose whether it is blue stock or penny stock. It is all about on how to survive on the market. Some will grow and some will die and put it into crypto junk
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June 28, 2018, 04:34:37 PM
 #598

Yes I feel confused to start buying coin or token which one. too many crypto so I think it is less effective in the crypto market. the main purpose of crypto is investment.
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June 28, 2018, 07:29:00 PM
 #599

There was one post recently here,  which explains the list of cryptocurrencies available right now. That's a really good post to read, because it explains how does the cryptocurrencies divided right now by categories.
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June 28, 2018, 09:25:21 PM
 #600

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

Yes, more cryptocurrencies now are getting releases everyday, and i think marketplace cannot handle this because all coins now are getting red and not green. Some coins now are getting successful but many of the coins are not so successful, because of the platform or the team is not so solid to create a huge impact to the project.
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