Why Alt-Coins are suffering?

Hi friends and my good readers. Thanks to follow me. In this article I am going to share why alt coins are giving tough time to HODLers and investors?

After price soaring up in Jan-2018 now we are seeing prices dip by dip. And most of the day traders and speculators are in trouble, while very few are making money in this tough and high volatile market condition.

Most of the people saying its market correction, sidelines, following trend lines and lot of analysis based on previous history. For all the investors and HODLers I wanted to say that if you are panic and want to sell your cryptocurrencies just think about it "why you bought it". I mean we do a lot of research and making our belief before making an investment decision.

I know most of you wanted to be rich over the night, that's not possible but cryptocurrencies are giving good return on investment. But don't invest all of your savings, only invest a little or whatever you are willing to lose. It's been 10 years since bitcoin launched and still facing huge pump and dump because there is no central authority to control the coin. It's about the community.

Bitcoin is a mainstream and promising cryptocurrency. And you can see now bitcoin dominance is increased. Because after deep dips in alt coins investors are again believing that bitcoin is the real currency. Most of them are selling alt coins and buying bitcoins. But I don't want you to lose your position on any coin. You know warren buffet said;

"I fear when everyone is greedy and greedy when others are fearful"

Lot of people asked how to buy low sell high, I think this is the good time to add little bit more in your portfolio and get busy in your daily routine. Just relax, time will come. It's obvious when you buy, the prices comes down. This is how the market run. Don't listen others too much, just believe in yourself. God bless you.

I am not a financial adviser, crypto market is highly risky market, make your own research before investing in it.

Have questions, ask in comment section.
Thank you

Image credit: https://steemit.com/bitcoin/@cryptomcat/omg-bitcoin-crash-altcoins-down-red-alert-and-panic-sells-no