Why Most Altcoins Will Never Recover Again

[ultrloa]

You're 100% correct and it is very dangerous to think that an altcoin that ruined you will eventually bounce back and recover your losses.
Chances are, what went down 90%, will go down 70-90% more.
It's always a good idea to get out of the worst performers as soon as possible.

Hard to expect that the alts they bought would eventually recover.

For many times we have seen lots of rug pulls running around, so this should be the basis for people not to invest again if the alt perform so bad since they are just feeding those scammers if they think upon buying their scam alts again.

Much better to get out and find better reputable coins. From that maybe they get more better chance to earn on their next trade.

[5W-KILO]

New promises doesn't equal better performance, yes it's good to go for the new projects but that's for money making sake, once they are up you need to get out because

Something that's been out for a while and still have reliable supporters is better than new ones that are getting listed on centralised exchanges just because they are new.

I'd rather buy some kaspa and render than most new shiny coins.
They don't have to beat their old ATH, they just need to bring profits is all.

[Wakate]

You're 100% correct and it is very dangerous to think that an altcoin that ruined you will eventually bounce back and recover your losses.
Chances are, what went down 90%, will go down 70-90% more.
It's always a good idea to get out of the worst performers as soon as possible.

Hard to expect that the alts they bought would eventually recover.

For many times we have seen lots of rug pulls running around, so this should be the basis for people not to invest again if the alt perform so bad since they are just feeding those scammers if they think upon buying their scam alts again.

Much better to get out and find better reputable coins. From that maybe they get more better chance to earn on their next trade.

Many investors have started seeing the reasons why they don't have to be investing in altcoins because of the danger it could pose for them which could lead to total lost of funds. These people are only gambling in the market and they are not doing any analysis to check if it's safe to invest in a crypto project with so many peomises of making holders and investors richer over night.

[Muba20]

You're 100% correct and it is very dangerous to think that an altcoin that ruined you will eventually bounce back and recover your losses.
Chances are, what went down 90%, will go down 70-90% more.
It's always a good idea to get out of the worst performers as soon as possible.

Hard to expect that the alts they bought would eventually recover.

For many times we have seen lots of rug pulls running around, so this should be the basis for people not to invest again if the alt perform so bad since they are just feeding those scammers if they think upon buying their scam alts again.

Much better to get out and find better reputable coins. From that maybe they get more better chance to earn on their next trade.

Many investors have started seeing the reasons why they don't have to be investing in altcoins because of the danger it could pose for them which could lead to total lost of funds. These people are only gambling in the market and they are not doing any analysis to check if it's safe to invest in a crypto project with so many peomises of making holders and investors richer over night.

Those who have invested in altcoins in the past years have already realized the potential of investing in altcoins. Although not all altcoins are equal, most of the investors' expectations have not been fulfilled after investing in altcoins. After investing in one altcoin, another altcoin is creating hype in the market, which makes investors invest in that hyped coin again. In this way, although new projects have collected a lot of money from the market, none of the investors have been able to succeed in reality. That is why, over time, people now have a much better idea about altcoins. The days of stealing investors' money just for the sake of profit are over. Now, people's knowledge and experience have increased about the crypto market. Investors no longer support projects that are just hyped up. If there is no real value they consider it a shit project.

[Stable090]

New promises doesn't equal better performance, yes it's good to go for the new projects but that's for money making sake, once they are up you need to get out because

With what we seeing in crypto space for some time now, I don’t think it’s good to go for new project. Most of the new projects which you going to see now don’t have anything to offer, you just going to see them making promises, but at the end they not going to perform well. Lots of coins are created by scammers now, they going to make so many promises, and people are going to believe them, but with time they going to crash the coin.

If am encouraging anyone to invest in coin, then I do recommend bitcoin, and if you prefer altcoins, then it’s better you go for altcoins that have been in the market for some time, and not new projects, because you going to find it difficult to identify a real one.