We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?
Its because most of the investors leave altcoins but not bitcoin since most altcoins have just now turned to be pump and dump coins and could not deliver anything more than that. 
Topic: Bitcoin -Investors first choice- bleeds the altcoins - page 5. (Read 812 times)
I am not saying that altcoins bad but it is better next few days to invest in it unless you know what you investing. In other words, we can compare bitcoin "gold" and altcoins which you choose to invest?.
Altcoins have always, followed the BTC price but with higher variance. So, if you bought a basket of altcoins, I'd expect it to behave similarly to a leveraged BTC position. when BTC rises, altcoins rise and when BTC falls, altcoins fall more & the BTC dominance increases.
Bitcoin is a digital coin and it is better than other coin investor have interest bitcoin . It is better idea to invest bitcoin in the market it has huge number of user.
All altcoin getting melt against of Bitcoin, unfortunately. I hope BTC make bounce from here and we all will start to laugh anymore.
BTC is well known then altcoin and BTC is well featured. So naturally BTC is the first choice for investor. But I am not saying that altcoin is bad choice for invest but need to careful and experience in this perspective.
Although I think the term "bitcoin's dominance" is wrong, I think this quote will give you a better analysis
I am not saying that altcoins are bad but it is better not to invest in it unless you know what you are investing in.
Altcoins have always, on the whole, followed the BTC price but with higher variance. So if you bought a basket of altcoins, I'd expect it to behave similarly to a leveraged BTC position; when BTC rises, altcoins rise more and the BTC dominance decreases, and when BTC falls, altcoins fall more and the BTC dominance increases.
In other words, we can compare bitcoin "gold" and altcoins "paper money", which you choose to invest?.I am not saying that altcoins are bad but it is better not to invest in it unless you know what you are investing in.
We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?
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