Altcoin News: Charlie Shrem: “Community Will Witness a Whole New Wave of Alts”

August 27, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Bitcoin has dominated the cryptocurrency market since its inception, but lately, its dominance has become even more pronounced. However, according to Charlie Shrem, we will see a new wave of altcoins.

The famous cryptocurrency investor Charlie Shrem believes that despite the overwhelming superiority of the first cryptocurrency, there is still hope for altcoins. He expressed his opinion in the program on CNBC.

“They’re going to see the next level of what are they, different projects, different companies doing different things, but learning from the mistakes that we have in the past,” Shrem emphasized.

The investor noted that often companies do not launch projects in which tokens could be used. This is a problem because companies have not received any benefits from tokens.

Shrem said that he does not plan to sell his altcoins, especially since he only has a few thousand dollars in alternative cryptocurrencies. But if he had big money in such coins and tokens, then he would have thought about selling them.

“I’m just kind of holding out and seeing if something happened down the road because at this point it’s not worth selling for 2000. If it goes to zero, whatever, but if it goes to 20,000 then at least I make something,” said Shrem.

The program was also attended by eToro CEO Yoni Assia, who supported his colleague and said that he did not plan to sell altcoins at the current market price.

Earlier this year, Charlie Shrem said that even in the event of a nuclear disaster, Bitcoin will survive, unlike traditional banks and fiat currencies.

Author: Marko Vidrih