Why Consider All Altcoins Bad

[Longthi_4823_Love]

There are very few good altcoins that are growing and working stably at the moment, and most are bad altcoins that try to exist but do not make sense. Over 3000 bad altcoins is an alarming number. 

[Nguyenthanh2391]

I think the current altcoins are mostly bad and should not be invested in. only a few altcoins still have a slight chance to exist in this heat market but not too potential. Must choose investment carefully.

[baeva2]

I think that arguing that all 3,000 altcoins are bad is wrong. How can we know how this or that coin will behave when the “bull market” comes? The developers of many projects do not sit still, but continue to work on promoting their projects and their coins at this difficult time and this will give a positive result when the situation changes in the cryptocurrency market for the better.

[sorrros]

You do not have to be worried about it, bear market will clean or bad and dead projects and with next bull run we will see which altcoins are strong enough and which will give us again huge profits.

[wxa7115]

Altcoin name was destroyed by too many scammers and its because of them investors are reluctant in putting faith back in Altcoins/ICOs. But this doesnt mean there are not many good projects in crypto world. You really have to work hard to find a project that is scam free. Spend time, DYOR and you will get many interesting projects

The scammers are a huge problem when it comes to the altcoin market but they are not the only ones that are guilty of the situation, there are also many developers that did not have the necessary skills to create a successful project and despite all of this they decided to create their own coin thinking that they will figure out somehow only to discover that it was even harder to make the project a success than what they thought originally.

So those two factors have been key to lose the confidence of investors over time and since it is unlikely that those two factors are going to change then most likely the market of altcoins is going to remain in a bad shape for a long time.

[Ezravdb]

most projects only make money by cheating, not pay attention to the development of the project. they went and the biggest fraud this year, some projects get a sizeable income on token sales. maybe this initiative makes people think Altcoin is a bad idea to invest.

[dimonstration]

You do not have to be worried about it, bear market will clean or bad and dead projects and with next bull run we will see which altcoins are strong enough and which will give us again huge profits.

This should be note if we want to know whether our investment in altcoin is a good choice as I experienced it after the 2017 bull run. And by 2018 many altcoins didn't have any update  on their product and their system. We will know whether we need already to stop our losses.

[biddicoin]

most projects only make money by cheating, not pay attention to the development of the project. they went and the biggest fraud this year, some projects get a sizeable income on token sales. maybe this initiative makes people think Altcoin is a bad idea to invest.

but there are still good projects here, so that's what OP wanna said that not all project is BAD
Lookin' at high cmc, there are good project which develop crypto to mass adoption. But, shit project makes bad image to the good one

[memedennis]

 I think its from their past experience with altcoins , but in the real sense of it not all Altcoins are valueless, some still have good real life usage and are not that bad to invest in. It also depends on activities of  the project owners. 

[Barbut]

I think its from their past experience with altcoins , but in the real sense of it not all Altcoins are valueless, some still have good real life usage and are not that bad to invest in. It also depends on activities of  the project owners. 

I think the same, some people had bad luck with some altcoins and they classified all other as same. But it's just their experience, bad experience, and instead to admit their mistake they blame all others. They need to review their actions and to try to do a better research next time they plan to invest money in some unknown altcoin.

[kodtycoon]

indeed we will not be able to examine and research projects one by one because in the end we will be too late to start investing because it takes too long to research each project, let's make it simpler by only researching projects that are becoming trends in the community, then so that time management will also be more efficient with investments made appropriately with good projects because of the popularity itself

[ableh]

Bad and good altcoin depends on how you manage it lol. Even though you think that altcoin that you currently hold is included in the best category, but if its value in the market continues to decline, you should immediately sell it. Do not keep quiet and hope the price will return.

[letyouearn]

People usually consider some altcoins bad when they drop in price dramatically, lol
None of them cares about the technology in fact, the price should always grow - that's the main option here

[Mianae]

This generalisation stems from the fact that Altcoins are easily attributes to loss of funds on the investors part. Mostly are scam others are proliferated with nothing new. Most Altcoins brings no solution the life.

[Jercyhora2]

The term you use "ALL" is the wrong word used. Not all altcoins is bad, because we all know that every coin has different usability same with their scability so its up to developer how they manage to make the coin more useful to each and everyone. But there`s some cases that some coins / token promote best product, service, and usability but still and up of beng  scam.. So we just need to more background research to lessen the risk of being involve in one project

[Capt00]

Bad and good altcoin depends on how you manage it lol. Even though you think that altcoin that you currently hold is included in the best category, but if its value in the market continues to decline, you should immediately sell it. Do not keep quiet and hope the price will return.

It surely I'm not like that. Though having such action will save us from losing it today but, what if it soars high by tomorrow? Will you buy it again?
To know that fact that these coins I am holing now have a huge possibility that its prices will pump anytime, I will keep it even the price will dump today cause I know and I believe that I'll paid off in the future.

[cutesgirl]

Bad and good altcoin depends on how you manage it lol. Even though you think that altcoin that you currently hold is included in the best category, but if its value in the market continues to decline, you should immediately sell it. Do not keep quiet and hope the price will return.

It surely I'm not like that. Though having such action will save us from losing it today but, what if it soars high by tomorrow? Will you buy it again?
To know that fact that these coins I am holing now have a huge possibility that its prices will pump anytime, I will keep it even the price will dump today cause I know and I believe that I'll paid off in the future.

Bad moment for altcoin last two years always with lower price although bitcoin have higher price last year but altcoin keep dominance with lower price, many thing why can make altcoin keep stable with lower price because not serious team and developer how t manage their altcoin keep on higher price with buy back after their coin have lower price and burning altcoin supply can increase with altcoin become higher price.

[sehoon]

I haven't seen any people here say that all the altcoins are bad. But one thing is similar which is they are saying that most of the altcoins are bad. And it's primarily because of how they run their projects and just a copy of another project that didn't even work. When it comes to investing, sticking in to the top 50 is the best choice.

[awakpane]

One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.

[Jocuserious]

How? I think nobody can says that all altcoins bad because more and more altcoins here good position check cmc top list. So don't be confused if you have good skills then you can choice more good altcoins but real this more new project bad, so don't compare new project to old altcoins.