The declines in altcoins have been bothering me lately in this sense. In many projects, teams, market makers and large investors put sales pressure on them.

High valuation (FDV) has become the biggest problem especially for new altcoins. This is how they sell it brutally. The market is falling, okay, but it is falling extra because of these.

I see it both in projects in which I am an investor, and in projects in which I am not.

I also want to press the projects and explain the gaps I see, but there is a possibility that what I write will trigger additional declines.

For example, it is difficult for me to write that I sold a coin. Because if I say I sold it, someone might probably drop it even further. Very thin line.

Sometimes it is difficult to comment, or not to comment.

But I am seriously disturbed by the general situation in altcoins.

This market was not like this before. Hungry dogs are everywhere and I am very disturbed by this situation.

Because I have never been a slave to the system. Maybe those who look at it from a distance will think otherwise, we don't know, but money has never been my first priority.

I don't know yet how we can put maximum pressure on crypto projects to protect investors. But I am very disturbed by the general situation in altcoins.

-Selcoin

#geleceğihatırla #Binance #Bitcoin