Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: kangug24 on September 28, 2018, 01:19:22 AM
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At the moment we are experiencing a decrease in the cryptocurrency market. There is a lot of speculation about its causes but as I see it all is based on the lowering of the beliefs of many of the value of cryptocurrency and its future.
Things will eventually boil down to the trust and confidence of the market - we are talking of the people here the investors and the holders - bestowed on cryptocurrency. After last year heavy speculation and the eventual crash, many people are now asking if it is really worth it storing their wealth in Bitcoin and other cryptocurrencies. When they see that a simple announcement from the government do affect the value of cryptocurrency, people are realizing that actually cryptocurrency is not truly independent from the government and that we are not yet actually enjoying the benefits of decentralization. Of course, there will always be many analysis on this matter but there is no denying that the confidence in the market is crashing. Let’s wait for the reasons when this confidence will be bullish. And hopefully that can happen soon.
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Now no longer. Altcoin is now busy improving themselves and improving their market prices which have recently dropped and causing many people to panic. At present the entire Altcoin market is starting to go green and the potential will continue to rise next month. I think this is a joy for us users in Altcoin and makes us no longer have to worry about losing.
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I have a different opinion, altcoin is not gloomy. In this bear market moment, there are still many altcoins that can produce. It depends on us in choosing coins. Because in fact I can make money from altcoin with day trading.
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I think Altcoin is not gloomy, because there are many good Altcoins, and potentially, I believe that Altcoin will be trusted by many people in the future.