lienfaye
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May 11, 2020, 01:13:21 AM |
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The problem here is majority of altcoins now are just shitcoins and nothing to offer useful for people.
Those investors who believe in this scheme are only concern for their money to grow regardless of how can they achieve it.
Not all alts failed us because there are alts that has real use case and profitable to invest.
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WSDN
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May 11, 2020, 02:35:04 AM |
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if greed persists in humans it will be difficult for us to reach the highest level to rival bitcoin. sometimes what we believe can betray us.
Greed when trading is inevitable, but if you control greed, you will certainly succeed in this market. When the market is up, people will certainly be optimistic and prone to fomo, so in any situation you need to think carefully before making a decision. Personally, I always set a stop loss and never trust others.
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imstillthebest
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May 11, 2020, 02:44:48 AM |
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you said you are a believer of altcoin so why say all people failed altcoin ? not only you but there are other altcoin supporters too on this world .
altcoin cant fail you but people are the ones that make an outcome but there are altcoins that no matter how people support them they still cant give the same return . those alts are the ones that are failure for real . its not yet too late to make a change and we can start anytime of the day but those only to alts that are worth it
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makishart
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May 11, 2020, 03:44:06 AM |
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if greed persists in humans it will be difficult for us to reach the highest level to rival bitcoin. sometimes what we believe can betray us.
The problem is not the greed but some people think if altcoin has become a failed coin while the majority of major coins have come from the altcoin. I think that we must not think if all altcoins were the same and there was no differentiate between them. If you have seen the old history of crypto and altcoin is able to reach the bitcoin's level.
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Nazmul012
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May 11, 2020, 05:08:14 AM |
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I don't think so. It's true that people would like to prefer Bitcoin than altcoins but that's not means nobody had hodl altcoins at all. So Choosing bitcoin, believe in bitcoin etc those are not only reasons making altcoins down. A lots of Altcoins get down because of cheating & scamming (that's why a major people afraid of hodling altcoins). On the contrary, there are s lots of altcoins still available in market with good position.
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kceekcee
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May 11, 2020, 09:22:25 AM |
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This is a simple truth of were we are at today. You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
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btcholder
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May 11, 2020, 11:15:27 PM |
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For me, i do not think everyone failed altcoins, instead altcoins failed us.
~snip~
I do agree with you. How can be normal crypto users or investors are failed altcoin. If a project failed then total blame goes to the project team none others. Projects mainly fail because of not enough fund rising, have not good quality product to impress investors and not gain trust from investors or from the community. Now days projects just raise their fund and go away. So if some one to blame for failed it should be projects team.
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sandos
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May 12, 2020, 02:31:46 AM |
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I don't think so. It's true that people would like to prefer Bitcoin than altcoins but that's not means nobody had hodl altcoins at all. So Choosing bitcoin, believe in bitcoin etc those are not only reasons making altcoins down. A lots of Altcoins get down because of cheating & scamming (that's why a major people afraid of hodling altcoins). On the contrary, there are s lots of altcoins still available in market with good position.
Actually, I only believe in Bitcoin because altcoin is only a tool to make money in this market and you will certainly risk if held for too long. Of course, there are still some good altcoins for you to hold in the long term, but you need to be careful because the market is very volatile and it doesn't always make a profit from altcoins. One way or another, you have to have faith in your investment and never trust others.
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totoy4741
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May 12, 2020, 02:53:51 AM |
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This is a simple truth of were we are at today. You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
If you are really into it there is no way out but there are some limitations you could do to prevent from having to much into it and loss all of your assets. Like what other poster said the greed has something to do with all the matter why this is happening, if you could control your grees, resist the temptation then you would lessen the burden.
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Tipstar
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May 12, 2020, 03:03:42 AM |
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Bitcoin is a cryptocurrency. Being the first one, it has it's share on the market. Whether or not we need other altcoins is a matter of discussion. Ethereum came with a different approach, though it uses the similar concept, it's a different approach and it's still making changes. And if another alt is to be success, it needs to offer something new and different. Here is where we failed.
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Rubick99
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May 12, 2020, 03:15:43 AM |
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It possible for altcoin to stuck in thise situation because people just abandoned the real value for the price, for the fake money. I think only few of altcoin can still exist with bitcoin as most people hold. Don't care about new ICO anymore, focus only few of altcoins.
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makishart
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May 12, 2020, 03:17:22 AM |
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This is a simple truth of were we are at today. You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
Choose the only platforms that already known generated a huge result to the investors. We have a bunch of launchpad that has given a lot of profit for investors. Say bye to the scam exchange site and scammer. that's the only way out.
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LbtalkL
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May 12, 2020, 07:44:46 AM |
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Altcoins really lack adoption and everyone wants to create their own version of it, the most common reason is to make some big chunk of money, of course, Why not just support and use the existing one right? There are so many altcoins in the market now, which has the same technology and features so much redundant coin that exists I guess supporting one of them is better instead of creating a new one if your goal is really crypto adoption and to spread this technology. That was happening now that is why adoption is slower also with regulation intervention.
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