Why so many alt coins?

[korkorjkk]

There are so.many coins out there. Some are even created by inexperienced people. Others too do not have a team to implement their project after they reach their soft cap. You need to study a coin very well, and find out of it is feasible before you invest in it.

[Nolbertino]

due to a large number of altcoin that shows progress and success in the market. trigger the growing emergence of new coin with the hope of reaching or exceeding the success and achievements of the previous coin. It also triggered from the growing number of enthusiasts cryptocurrency.

[Friendlyhorse]

Because 98 % of them are fake, market is attracting fishes with big wallets and many coin creators are trying to rob those whales 

[sturec22]

Most of the ICOs don`t even have a prototype. People are paying for the whitepaper which is sad.
Bad ICOs are like startup projects which has failed to get investment from VC and crowdfunding sites.

[Zoldyck]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

Yes i agree on you for me i study the ico first before i invest so i cant regret it in the ending of the token sales and for sure i earn a lot because of that.

[Polisi tidur]

Until now I have never get alt coin, because I work in altcoin forum just or even beginner, later if already follow the project would also get alt coins, I want to successfully work on this altcoin forum.

[Deffobit]

I agree, there are too many coins. I would be happy if the projects were only 50-100. So I could better study each one.

[Lucky Stone]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

I think with the act as it could be detrimental to many people. And new people are joining in the world certainly crypto can be fooled if not meticulous in choosing projects. I sincerely hope to continue to learn and a lot of reading so that knowledge of the ICO could we know.

[CryptoFun]

When I began to study the cryptocurrency I was scared about the amount of altcoins. Now it's been six months and it's become easier, but still I think that their number should be reduced.

[Syantik]

But with the many altcoin circulating in the market very positive impact for someone in starting the investment Because if the price of one coin is not satisfactory they can instantly switch to another altcoin that has a relatively rapidly rising price movement.

[SuccessManiac]

There ar a lot of coins and some dont even take time to plan their project and get expertise to implement this projects. As a result, there is a lot of scam projects around which can cause you to lose your money.

[Deffobit]

Yes, we have to be very careful and after the purchase constantly monitor the development of the project. Otherwise, at any time the price may fall significantly.

[icol333]

But with the many altcoin circulating in the market very positive impact for someone in starting the investment Because if the price of one coin is not satisfactory they can instantly switch to another altcoin that has a relatively rapidly rising price movement.

It's easier to say than to do. The immediate switch can be applied for traders, but not the inventors. For investors, if we took a wrong step into it, it would be really bad.

[Alenas2018]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

I believe that many altcoins are not about a genuine desire to create a unique and useful product. Rather, they are all about generating a huge amount of profit for the creator very fast. Play it right and it's not too difficult to exit with $10mm+ in under a year.

[divine75]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

As far as i know,why theres so many altcoins now in the market because,every project has different purpose that they created into the market and every project  have different purpose or use  in the market.otherwise once the market have so many altcoins this means  thats have a big competition in the exchange  market  and this implicated  to us a healthy investment.