Topic: Are You Still looking For New Coins When Bitcoin Dominance Hit 90% - page 3. (Read 619 times)
August 26, 2019, 11:14:24 AM
Why not? It is the best strategy, buying low, selling high. Every time when people loose their faith, it is the right time to buy. Do not worry whales will not cause a catastrophy scenario because they want to cover their capital.
August 26, 2019, 10:12:57 AM
Not . I have had a lot of bad experiences with the new altcoin and am more interested in bitcoin or altcoin that has been running the project. of the new projects that are successful or not, there are still many possibilities that can happen. this will hurt if we make the wrong choice
August 26, 2019, 11:05:48 AM
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
It depends. Bitcoin dominance is not the be-all and end-all of the fate or the potential of an altcoin. I would not hesitate to participate in an ICO or IEO which I think is going to be a major player in the crypto world however high Bitcoin's dominance is in the market.
If all of a sudden Jeff Bezos decides to launch an ICO of a truly disruptive and promising crypto project, would you not consider joining? Or perhaps a Warren Buffet and Bill Gates tandem thinking of an IEO? In either case, even if Bitcoin dominance is 98%, I would probably be investing big time to their projects.
August 26, 2019, 10:48:54 AM
I think that data is not accurate, I think the dominance is still at 68%, but it would actually not be long till bitcoin reach that percentage, which will definitely affect most of the altcoins that we have in the market, especially the new coins, because everyone want to have a link with the reigning coin.
Once bitcoin become the major predominant coin, then most investor will be look more of investing in bitcoin and if they are going to look at investing on any altcoins, it would be those coins that are at least working along with the dominance of bitcoin, and that would be the top 50 coin, so new altcoins may not get the chance of being recognized for them to gain the attention of investors that would put money into their market, so there is absolutely not going to be much growth for them.
Once bitcoin become the major predominant coin, then most investor will be look more of investing in bitcoin and if they are going to look at investing on any altcoins, it would be those coins that are at least working along with the dominance of bitcoin, and that would be the top 50 coin, so new altcoins may not get the chance of being recognized for them to gain the attention of investors that would put money into their market, so there is absolutely not going to be much growth for them.
August 26, 2019, 10:30:41 AM
won't, I will definitely hold bitcoin. if BTC dominates 90%, it means everyone already believes in bitcoin. therefore holding coins other than BTC will not be profitable. but this also means there is no place for altcoin. many coins will die when that happens.
August 26, 2019, 10:11:44 AM
...................
But from what we are seeing, these coins which are designed for certain niche fields are not performing that well. XMR has lost more than 90% of its value since 2017. Perhaps we have overestimated the requirement for such unique purposes. To conclude, Bitcoin may not be technologically the most advanced coin. But for use as a store of value or as an investment, currently it faces no competition from any of the other coins.
We should not draw conclusions about risks in the red market, as well as about profit in the green market.But from what we are seeing, these coins which are designed for certain niche fields are not performing that well. XMR has lost more than 90% of its value since 2017. Perhaps we have overestimated the requirement for such unique purposes. To conclude, Bitcoin may not be technologically the most advanced coin. But for use as a store of value or as an investment, currently it faces no competition from any of the other coins.
Now that all altcoins have depreciated and continue to do so, bitcoin certainly look out of competition. But perception to the altcoins will change as soon as the market changes direction. With the right choice of altcoins, the investment potential is great. And so much so that the expectation of investing in BTC may be less/more than the expectation of investing in altcoins? It is very difficult to calculate. Therefore, it is a matter of faith, style, temperament of the investor ...
August 26, 2019, 10:08:37 AM
Look to the new coins or tokens(specially IEO) with good project behind and invest in it, the most important that the token should be listing in exchange to be able sell and buy.
August 26, 2019, 09:58:19 AM
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
joining IEOs is the new trend now ,its truly is profitable my friends and I are really waiting for new IEOs specially at Binance Launchpad
August 26, 2019, 09:40:51 AM
when bitcoin can become dominant like that then I will buy some altcoins whose prices are falling because I believe the price of bitcoin will not always be dominant surely bitcoin will have time to fall again, take advantage of all cryptocurrency price movements as much as possible to get profit.
August 26, 2019, 09:51:35 AM
Some coins and tokens comes with new features and advantages, so i think it worth to invest in new coins and tokens.
August 26, 2019, 07:36:16 AM
Yes, I continue to monitor new ICO. Last winter I found one interesting project - Telos (TLOS coin). This is an improved version of the EOS, with zero inflation and many more interesting things. Moreover, they did not have ICO as such. TLOS was accrued in the amount of available EOS in the ratio of 1:1.
August 26, 2019, 04:01:21 AM
Seems you don't understand how market works and why you think btc dominance will increase , btc reaching this level show an option for alts to come up as well as btc will need to dump and why we have seen market been stagnant as btc refuse to dump and it really need to correct itself.
It really is. If the dominance of Bitcoin has grown significantly, this means that in the near future the situation will be reversed. I think that soon we will see an increase in the price of altcoins. Today, the high level of bitcoin capitalization only indicates a high expectation of its price growth. This condition cannot last long and the funds will necessarily be transferred to altcoins. August 25, 2019, 10:10:51 PM
Of course, I am still looking for potential altcoins that have projects and a bright future, one of which is coins that do IEO on Binance exchange
August 25, 2019, 08:57:25 PM
Until I see this study, I will not believe in 90% of the dominance of BTC.
Well, let's say that's true. Yes, I see no reason to be an early investor. But Bitcoin does not provide new technologies. And some altcoins look quite potential. Yes, this is risky. Those projects and coins that will expand and distribute new blockchain technologies will be able to give investors huge profits. Which of ? I do not know. I just hold a little different altcoins.
Well, let's say that's true. Yes, I see no reason to be an early investor. But Bitcoin does not provide new technologies. And some altcoins look quite potential. Yes, this is risky. Those projects and coins that will expand and distribute new blockchain technologies will be able to give investors huge profits. Which of ? I do not know. I just hold a little different altcoins.
You are partially correct here. Bitcoin is not as advanced as some of the other coins and many of the altcoins are specifically designed for different niches, where we may not be able to use Bitcoin. For example, USDT is an altcoin which is free from volatility, while XMR is a coin especially suited for those who want 100% anonymity with their transactions.
But from what we are seeing, these coins which are designed for certain niche fields are not performing that well. XMR has lost more than 90% of its value since 2017. Perhaps we have overestimated the requirement for such unique purposes. To conclude, Bitcoin may not be technologically the most advanced coin. But for use as a store of value or as an investment, currently it faces no competition from any of the other coins.
August 25, 2019, 03:06:22 PM
Cryptocurrencies are software, they do not die. You invest because you believe the platform will gain use or that there is some underlying value in the held asset. The only way that a coin can die is if it is abandoned by the developers and is no longer traded on an exchange. The idea that 99% of coins will die is Bitcoin maximalist propaganda. They say this out of one side of their mouth while they are buying alts at low prices. Watch, in a couple months there will be another alt run and this propaganda will be ancient history.
August 25, 2019, 01:21:57 PM
I am actually not looking. There are so many of the promising ones out there but I can really trust bitcoin at the moment as the whole globe and government focuses on it and its prominence grows. I will rather like my investment insured at the moment?
August 25, 2019, 12:19:51 PM
Of Course Let's not close ourselves to other technologies, even though some of those coins are just good at first and then losses the continuous upgrades after their ICO/Launch. I will still consider to check them in the future, new Coin, new Opportunity to trade and earn some gains, update my portfolios and also to be on trend on new emerging coins/technologies and what they can offer.
August 25, 2019, 11:39:39 AM
I still believe that BTC dominance would fall one day, but it seems like we would need to be really patient. Science the beginning of this year, there was no moment, when altcoins would explode so I believe this will happen in the future.
August 25, 2019, 11:36:19 AM
Bitcoin domination is still happening. So stay focused on trading for Bitcoin. If you look at the Altcoin situation until now it has not shown a significant improvement and especially for Ethereum.
The ICO and IEO projects are still a lot that uses the Ethereum platform. So, if investing in a project is better when Ethereum has been pumping.
The ICO and IEO projects are still a lot that uses the Ethereum platform. So, if investing in a project is better when Ethereum has been pumping.
August 25, 2019, 11:18:10 AM
Seems you don't understand how market works and why you think btc dominance will increase , btc reaching this level show an option for alts to come up as well as btc will need to dump and why we have seen market been stagnant as btc refuse to dump and it really need to correct itself.
It's already a fact Bitcoin dominance is already reaching to that level I used to think that Bitcoin dominance was only 70% until I read those articles that latest finding proved that Bitcoin dominance is now 90%, now only altcoins with true value and community support will survive the competition.
Jump to: