ALTCOINS OR OLD TALE WITH NEW HEROES

in #ryptocurrency6 years ago

Hello!
Want to speculate on the topic of altcoyins. All steep uncles with large capitals can afford to speculate on bitcoins. We, the people who are not rich, who are looking for an opportunity to earn a freebie, still have to rely on the altcoyns, ie. all the other cryptonyms, hoping to successfully get on the growth of a previously unknown currency and suddenly to find a fortune.

Being a happy (or not very) owner of several coins, I, of course, periodically inquire about their current course. Basically, my interest extends to ETC (Ethereum Classic), XRP (Ripple) and EOS. For each of these currencies, I read a certain amount of analysts (I do not know, really, how authoritative), and also got acquainted with the opinion of specialists regarding a number of other "rising stars" and "dark horses" of cryptomir. And that's the kind of pattern I took for myself. Almost every new crypto currency in its announcement is served under sauce "bitcoin - old stuff, brakes, inflexible and in general!" Then the analysts are connected to the process, they start to write everywhere, that - yes, finally, a currency that almost has already been decentralized, and a lot of banks and companies have recognized it, and it will not depend entirely on the bitcoin course, and in general - this is the future of the world financial system.

The time comes, the coin is displayed on the exchange, slightly flies in the price, someone makes good money on it, and then ... The course goes down and begins to fluctuate at some incomprehensible by some certain mark, in the ups and downs of its clearly following thus the hated bitcoin, who both took first place both at the rate and in terms of capitalization, so he occupies.

A clear example of this action I observe during the last week. The very same Ripple, who was predicted to have a very low dependence on bitcoin, collapsed into the abyss after the market leader, then, again, grew up, then collapsed again. And he does it with enviable constancy and obedience, like a trained dog. And so with the whole stock exchange. To monitor the exchange rates I liked the Bitinfocharts site. So - not a single crypto currency from the first hundred did not behave independently of bitcoin after the beginning of its fall. And it is not very clear - how the impact of a Korean exchange on the course of the same Baitkoin affected. I'm about him first and last, probably, once I learned from this very table of courses. Has he suffered irreparable damage from these evil hackers? Yes, I think they did not even hear about him. And certainly they did not plan to steal him, at a price of 0.0024 dollars for a coin.

In general, I lead to the fact that no matter what hopes you put on some altcoyin, there are perhaps only two options for the development of events for you (without taking into account the option with constant speculation on currency rates):

You got (or bought) the currency at a deliberately low rate and sell it right away after at least some tangible take-off;

You have some reserve of altcoys and you keep them in the hope of their great future (my option). Then pray to Bitcoin and the people's faith in him. While he is alive and keeps afloat, there is a chance for your coin.

My humble opinion, I do not pretend to do anything.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin6371.480$7.69%3.74%
EOSEOS8.005$8.08%-5.59%
ETCEthereum Classic16.130$10.5%9.35%
ETHEthereum450.520$7.83%-4.5%
XRPXRP0.468$5.59%-4.38%