cryptocoins

Altcoins To The Moon

By Hitsonerr | GameOnGriffin | 29 Jan 2021


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When examining a particular coin's value, we must understand the value is determined by the holders. If, for instance, everyone decided to hold Stellar XLM. If the holders all agreed they would not sell their coins until the price was $200, the price of the coin could skyrocket in days. The allure of cashing out and not be left standing there with nothing will always tempt holders. As a community, we all need to understand that value is not always determined by utility. Bitcoin is a perfect example of this. There are better coins than Bitcoin. Many coins allow you to transfer funds quicker and cheaper than Bitcoin does, but Bitcoin is popular, so that it will be highly valued. We need to treat many of these Altcoins like Bitcoin and tweet, post, and snap about them. There is no reason only a handful of coins have a decent value to them. It is up to the community to always change this and hold at a certain level always to keep the value high.  

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Hitsonerr
Hitsonerr

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GameOnGriffin
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