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Topic: Are You Still looking For New Coins When Bitcoin Dominance Hit 90% - page 4. (Read 671 times)

copper member
Activity: 224
Merit: 0
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.
newbie
Activity: 145
Merit: 0
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%

if bitcoin dominance hit 90% i would be getting into more alts because its only short time after you would see altseason and if it did hit 90% dominance it would mean it would be over ath
full member
Activity: 602
Merit: 116
Investing in an altcoin or ICO/IEO depends on the project. No matter how much is bitcoin dominance. First I should know the project. Then I so study and I decide whether invest or not. Assume that Apple is going to conduct an ICO. Will you again nitice bitcoin dominance or you will invest in the IEO in any case?
Also, the market is really unpredictable. I don't agree that today's scenario is different from 2014-2017. Cryptocurrencies maket is still unpredictable as it is still in its early stages. Regulations are yet to come and many developments will appear in future. So, every thing is possible.
legendary
Activity: 2730
Merit: 1288
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.

In a lot of cases best time to buy was as soon as token was listed on an exchange.



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%

Last time that Bitcoin dominance was over 90% was in 2015. There was no Bitcoin forks back then. And a lot of people were buying altcoins.
legendary
Activity: 2450
Merit: 1047
I believe in Bitcoin dominance and this actually what should happen, people should stop talking about coins that will replace Bitcoin, there are are so many topics just like that in the past and until now, if we are going to have Cryptocurrency adoption, then it should be Bitcoin adoption first  then it's up to them to discover and adopt other coins too.
member
Activity: 658
Merit: 11
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.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
Bitcoin dominance is indeed very influential with the state of the bitcoin market. Project ICO / IEO will be affected, investors choose not to invest first. But not all ICO / IEO platforms, if the platform used has good credibility, IEO will not be disturbed by the high dominance of bitcoin.
sr. member
Activity: 882
Merit: 301
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
In response to the above question, here's my (deleted) comment:
"I don't think I would be investing in ICOs/IEOs but I would consider existing coins or tokens like eth.
It should be fine as as long as I'm not going to throw in a lot of money into it. My portfolio would look like 90% bitcoin and 10% altcoins.
"

Let me rephrase that to:
I don't think I would be investing in ICOs/IEOs if bitcoin's dominance reaches that point but I would consider investing in already existing coins like Eth. It should not be that risky investing in existing alts as long as it's only a small part of my portfolio (e.g. 90% of funds goes to bitcoin and the rest to altcoins).





Let's see if that will be reported and deleted again  Cheesy
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
Im still looking for a new coin and why not? Maybe the bitcoin dominance will give a huge impact to the price of altcoin after it has already listed but i thought that is not giving a huge impact to the new listing coin.

I do agree with that prediction but so far with the increase of the bitcoin dominance and is it giving a huge pressure to the new promising coin?

https://cryptorank.io/ieo-platforms-roi

that gives a representation is IEO still worth even the bitcoin has already reached more than 68% market dominance.

As long as that IEO will be running in a good platform and the bitcoin dominance is not a big problem for me. This based on my personal opinion.
legendary
Activity: 3416
Merit: 1225
I never deny or dispute that 90% dominance because it's a fact, but we are on the adoption period every trader, investors, old and new investors are rallying behind Bitcoin, which is the right thing to do, but altcoins still have potential in the future, because they bring something in the table like the smart contract Ethereum has brought to the community and Dapps created by Tron.
legendary
Activity: 2366
Merit: 1408
With experience and time in the world of cryptos you'll see that only a few coins worth their value
In the beginning all coins looks bright, but just for some time, until the devs took their money

The most important thing is to deeply understand what's the purpose of the coin you are buying

I have all my money invested in only 5 coins and it's enough
full member
Activity: 2128
Merit: 180
New coins, new opportunity for me so I'm still looking and waiting for a good coin who have the best technology. Even if the dominance of bitcoin increases, I'm still confident that altcoins will also have the future so keep holding many altcoins if possible. New coins are risky, so make sure to study that new coin before you buy or you lose.
hero member
Activity: 1470
Merit: 655
there has been a false way of thinking among the newbies which is partly coming from the altcoin scammers, and that is the fact that many of them think that only because there was a cryptocurrency (called bitcoin) that went from zero to 20000 then any other cryptocurrency (like altcoins) should do the same thing.
so they end up investing in those. it is not because of dominance or whatever it is only because they think they can make more money that way.

meanwhile those altcoins go from $1 to $1.5 and fall down to $0.5 while bitcoin goes from $3k to $10k.
hero member
Activity: 2926
Merit: 567
Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

I don't know how come the market will become extinct when it is moving fine, big companies are creating their own coin, volume and price is increasing, the fact is it already reaches 90% according to this article https://cointelegraph.com/news/bitcoin-dominance-is-actually-above-90-new-research-suggests Investors will not quit on Bitcoin, at this point of time when it is always the talk of the time.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
Most of my investment in Bitcoin, but i have allocation for invest in some new coin especially coins from IEO project.

I think that is a great plan. Majority of my funds are also im bitcoin since it is the most safest crypto to invest with, also some eth and other top tier coins. But since the rise of IEO I am fond of joining with it due to short come profitd that pouring with it. Actually I dont get the idea how it is pumping high and whose buying it since it will fall down eventually on some other day, I just took the advantage of trading when its go down and wait for another wave of pumps. Eth is a top notch project so I guess the OP can be more debatable in the future.
legendary
Activity: 1946
Merit: 1137
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.
when it comes to altcoins it has nothing to do with being an "early investor". it is all about entering when the pump is starting and exiting when the dump is going to start.

Quote
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.
what you saw wasn't probably a "study" it was some nonsense by some news site.
bitcoin dominance has always been more than 90-95%. the market cap however has been growing and some shitty sites like coinmarketcap.com (because of their name) are calling market cap as dominance. and the only thing it is showing is that altcoin bubble is bursting.

Quote
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
investing in ICO/IEO is always a terrible idea no matter what the total market cap is. even if it was at 5% it still would be a terrible idea!
full member
Activity: 840
Merit: 100
Most of my investment in Bitcoin, but i have allocation for invest in some new coin especially coins from IEO project.
sr. member
Activity: 1176
Merit: 252
Futurov
Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

i think this is not crazy, and maybe this can be happend in the future my friend
as we can see now, investors started to focus on bitcoin only
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.
full member
Activity: 560
Merit: 100
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%
yes, i am always looking for potential businesses. because Bitcoin Dominance cannot keep the high in the long term. At some point, the bubble will explode and the remnant will be distributed evenly to the good alts and worthy businesses.
Therefore, I always believe in the altcoins season, it will make us rich if we have enough patience.
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