Too many altcoins!

[owlest]

Yeah I think new coins have good technology, offer upgraded of their technology. Bitcoin didn't updated.
In my opinion,new coins also good  for investors have many choices.

This is true, but there are more and more new coins, and they copy each other. And despite the fact that investors are named, such coins can quickly lose value.

[Hisbullah]

We must be careful to choose coins for medium investment, also for trading
Too many altcoins is good but also there are many scam coins.
I personally prefer invest in top 10 coins.

[owlest]

We must be careful to choose coins for medium investment, also for trading
Too many altcoins is good but also there are many scam coins.
I personally prefer invest in top 10 coins.

I don't like the fact that there are so many altcoins at all. Now it is very difficult to find something really interesting and promising among them. And therefore, a lot of errors appear, which leads to losses.

[dekafee79]

We must be careful to choose coins for medium investment, also for trading
Too many altcoins is good but also there are many scam coins.
I personally prefer invest in top 10 coins.

I don't like the fact that there are so many altcoins at all. Now it is very difficult to find something really interesting and promising among them. And therefore, a lot of errors appear, which leads to losses.

Me too, I don't like too many altcoins, I think  We should have screening to allow good project or coins.
I see there are many scam projects, rug pull and failed.
It's not good for crypto world.

[Freemind]

It is true that there are too many altcoins on the market, and it is also true that the vast majority are worth nothing, but that's not all bad as we can quickly distinguish which altcoins may have potential and which may not. Normally the altcoins that are garbage disappear within a few months of their launch, there is also natural selection in crypto, those that remain later in the market are the ones that we must study to know if they really have a future and if we can obtain benefits.

[Evgenklm]

if you look at the CMC and the capitalization of altcoins, then this amount is in the billions of dollars, so the market is huge, and it may seem that there are a lot of altcoins, in fact it is not.

[collinsjie]

I don't think they are too many, When you look at the world today you will see a lot of companies across the world doing the same things and they are doing well individually. You can have hundreds of companies in thesame sector. When you look at it and compare them with the crypto sector they at number the crypto companies this is the reaseon I said they are not too much.

[Manna]

The main goal, of course, is to make more money and say that their product is the best. This is the situation in the cryptocurrency market. New coins are constantly coming out. New coins are even better than BTC in terms of transfer rate, the number of transfers per second, better because their transfer fee is much lower.

[superminesweeper]

The more virtual coins there are, the more competition there is, and who will win in the end is anyone's guess.

[owlest]

Me too, I don't like too many altcoins, I think  We should have screening to allow good project or coins.
I see there are many scam projects, rug pull and failed.
It's not good for crypto world.

I think there were more fraudulent projects three years ago. Now there are fewer of them, but there are more weak projects that, although they carry something useful, do not survive on the market with little funding.

[Afony]

There are really very few projects now, but there are also good sides to this, there are fewer scammers. Most novice investors, when choosing a project for themselves, are scared when searching for a crypt, there is something to choose on the market, you just need to study the project in which you want to invest well.

[KryptoBull]

I think in the future we will have more Altcoins because people have a lot of ideas and solutions. The crypto market will choose the best projects, but the worse projects will gradually disappear from the market. Before the crypto market and IEO-IDO-ILO are regulated, we cannot stop new projects and new tokens from appearing.

[Senin]

Yes, there are now more than 15,000 different types of altcoins and it should be assumed that there will be much more of them soon. Although there are many useless and even fraudulent among them, in general, the cryptocurrency is developing rapidly in this way. In this market, all the same, in the end, the best will remain, so I do not mind that their number continues to increase. This is competition and rapid development.

[Ankit1999999]

Altcoins investment is the best way to earn big money, Shib,  Polkadot , FANTOM, TRX, CIFI, FTX .  All of these coin is favourable for long term  but i wanted to make some changes in the list holding Shitcoin for long term is not a good. So you earn investment is carefully and earn fig profit.     

[Gvent]

Yes, there are now more than 15,000 different types of altcoins and it should be assumed that there will be much more of them soon. Although there are many useless and even fraudulent among them, in general, the cryptocurrency is developing rapidly in this way. In this market, all the same, in the end, the best will remain, so I do not mind that their number continues to increase. This is competition and rapid development.

Over time, the structure of the cryptocurrency market will change, and then people will have the opportunity to choose in this huge number of altcoins those in which they can invest and make a profit. It is possible that many altcoins will disappear and new projects will appear. But I think that the top coins will retain their superiority in the future.