Why Consider All Altcoins Bad

[Firefoxx]

Not all altcoins are bad, I have seen very good and potential altcoins in the market and they have as well fetched good money for investors and Exchange including team so we have goo altcoins and bad ones too

[bittraffic]

We all blame it to the bear market that made some altcoins dead which is why more people are seeing altcoins to be bad in cryptocurrency. What I'm surprise to see is that an ICO adviso who had been guiding teams who develop projects and tokens are not agreeing that 99.9% of the altcoins in crypto are scam.  Isn't that one of the craziest shit I've heard.

Many people had invest in ETH, LTC, BNB, EOS, TRON, ADA and XMR so on, assuming 20M investors, are they going to be wrong to invest to these coins?

[Cekerula]

can you name the top 4 coins that you consider the best of the thousands of coins that have been listed in the crypto market? but the reality is like that, that investing with top or altcoin coins that have been widely used like BTC, Ethereum, eos, Litecoin & BinanceCoin is a good choice. they are all one of the assets that I trust for future investment.

[cryptoknightt]

yes, that should be, because alt was created to advance the cryptography industry, if there were no new projects, there was no need for development and i think it is impossible for us to still need development.

[Aikidoka]

Not all the altcoins are bad, but most of them are so bad because they weren't really promoted well and they just lost their value after a few months of launching. It's mostly depends on the team and how strong the project. I meant the team should be serious and present a good project to make it succeed otherwise it will fail and lost the value of it.

[tartibaya]

Everybody wants to make money. Altcoins aren't all bad. But the fact that prices constantly fall or rise is the reality of the market. Did you hear the name Files.fm? I think they run a very successful project. The Tokens Exchangeler are not traded. They provide cloud storage. I think it's a successful project.

[Kersh768]

The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Indeed. The thought of saying "Altcoins" sometimes or let us just say most of the time give a bad meaning to most of us like saying out the word ICO, the first thing that comes into the mind of an individual who have experienced being scammed or fooled causes them trauma and have that self realization that ICOs are scam so do Altcoins because it come from ICO projects. It do have a point that Altcoins come from those but not all projects are fail or scam so do Altcoins. We must not embody that thought of generalizing that all Altcoins are bad because they are not. It will be clearly acceptable if most of the Altcoins are bad but not all because there are still some Altcoins which are good and worthy to be invested and purchased with. You just need to seek for it carefully.

[stephanirain]

Nobody is saying "all altcoins are bad" but majority of altcoin projects are pointless to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk taking, atlesst 70% of my long term holding is in BTC.
 

It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seeks potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up.

[sapnu]

Nobody is saying "all altcoins are bad" but the majority of altcoin projects are pointless, to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk-taking, at least 70% of my long term holding is in BTC.
 

It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seek potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up.

They are maybe thinking that altcoin is not really good because they experienced downfall as of now. Making them not profitable at a time like this. But it is actually normal, as we all know about this volatility of cryptocurrency. They think that altcoins are not good just because they cannot earn. But if they believe that they can and wait for the right time that the market recovers, I can say that they can earn because I experienced it myself, joining different bounty campaigns to promote it and they will pay me for the job I have done by giving tokens, but that is not your money because you have to wait for an exchange.

[Maslate]

Nobody is saying "all altcoins are bad" but the majority of altcoin projects are pointless, to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk-taking, at least 70% of my long term holding is in BTC.
 

It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seek potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up.

They are maybe thinking that altcoin is not really good because they experienced downfall as of now. Making them not profitable at a time like this. But it is actually normal, as we all know about this volatility of cryptocurrency. They think that altcoins are not good just because they cannot earn. But if they believe that they can and wait for the right time that the market recovers, I can say that they can earn because I experienced it myself, joining different bounty campaigns to promote it and they will pay me for the job I have done by giving tokens, but that is not your money because you have to wait for an exchange.

I used to make big profits from altcoins because of the different projects i have joined before but when the market turns red, their value have dropped so down. But i believe that altcoins will still recover in the latter part. Patience is really the best virtue for now. We just have to be very patient to finally wait for the perfect moment for altcoins.

[nicolas1979]

People who say that have bad experience with altcoin but some people has good profit from there. As long trader/ investor can manage the risk everything will be fine. Most of us say altcoin is bad because natural disaster such as like scam or listing with low volume. Nothing wrong with altcoin just try with another method and good luck to you.

[anjiitem]

Not all altcoins are bad, there are some altcoins that have the opportunity to make a profit. I think many people think that investing in altcoin is a bad idea or as is the wrong thing, maybe they get a loss from the investment or trade they do so they think that all altcoin is bad and feel tired to re-invest

[radjie]

there are still many honest and responsible projects regarding coins to be developed, therefore not all altcoin can be said to be bad even though there are currently many fraudulent projects that only take advantage of investors who invest in them. there are still high-quality and potential projects because they are able to work optimally with the professional teams involved to develop related projects

[Pinkris128]

The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Not all people generalizes that all altcoins are bad. The only reason why some people hates altcoins badly because most of it are not worth to buy that they didn't have a good future to increased it's price like bitcoin. But there are still altcoin are worth to buy like ETH, BNB, LTC, BCH, XRP, etc because these coins are top altcoins in the market, that is why they are worth for long term investment.

[ACTrend]

Hey. The fact is that when an investor fails in any of the projects, they immediately speak about all altcoins. Really worthwhile projects are not so many. Most were created with the aim of earning when there was an opportunity. But there are good projects working. The only bad thing is that the time is now hard for cryptocurrency and projects.

[perfect999]

Nobody is saying that all altcoins are bad, there are so many good altcoins. The thing is that most of them are not to be trusted, there are lots of altcoins that die every year and you wouldn't like to end up investing in any of those bad projects. Even the ones we consider the best are starting to fail us this time. I once considered Zcash one of the best coins there is, but looking at what it has turned out this time around is quite discouraging and XRP too, despite having lots of partnerships this year, it the coin still failed, with the team giving us hope that it will rise again.

So when you look at all these, you will come to the conclusion that Bitcoin is the only coin that is doing the most. Others are pretty much a waste of time, but no one is saying that they are scam - they are not a scam projects, but it's not every legit project that is profitable.

[Mighty_crypt]

Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

[crisanto01]

Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

That's why we should always be careful with the new projects and don't trust them easily, many people are taking for granted by running a project without any knowledge, they are just after the money that they will raised and later on they will run away and will tell people that the project failed and most of the altcoins don't care about the price too.

[mr_random]

Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

That's why we should always be careful with the new projects and don't trust them easily, many people are taking for granted by running a project without any knowledge, they are just after the money that they will raised and later on they will run away and will tell people that the project failed and most of the altcoins don't care about the price too.

New projects with reliable ideas have a high chance to survive in the worst cases, meaningless projects have a cop-paste whitepaper-tale. Bigger doesn't equal to the better, the high marketing funds have to come back as in investment mean. Better not to touch the new projects, if the investor doesn't have an idea what is possible in the worst cases. Better safe than sorry.

[enhu]

Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

That's why we should always be careful with the new projects and don't trust them easily, many people are taking for granted by running a project without any knowledge, they are just after the money that they will raised and later on they will run away and will tell people that the project failed and most of the altcoins don't care about the price too.

New projects with reliable ideas have a high chance to survive in the worst cases, meaningless projects have a cop-paste whitepaper-tale. Bigger doesn't equal to the better, the high marketing funds have to come back as in investment mean. Better not to touch the new projects, if the investor doesn't have an idea what is possible in the worst cases. Better safe than sorry.

You can't blame them for seeing altcoins to be bad because altcoin projects in the past and even new projects today were just there to get more money from unsuspecting investors. When the new projects are listed in the exchange, most of them were dumped. This is why the ones who use to invest in altcoins are now just into BTC as its safer than altcoins.