the situation of the altcoins is very bad ... currently the bitcoin price is at $ 10500, this is a big recovery .... for people who bought for example when the price was $19500, they currently have little loss and hopes the price could be more than $ 20,000 in the coming months. But we can't say the same thing to the altcoins:
ETH reached $1300 and today its price is $207
Neo reached $160 and today its price is $10
Can anyone imagine how Neo's investors, those people who bought when Neo's price was $160 are feeling today? I had bought Neo when the price was $122 and I sell when the price went up to $134. I made a good choice when I sold.
These altcoins are a big risk
Topic: Bitcoin The King Of Crypto - page 12. (Read 4169 times)
No need to debate which coin is the king of crypto. Out of all those years that passed, bitcoin has been performing well throughout the years. Bears or bulls, bitcoin remain to be the most picked crypto and this will never change as of now.
I made the right decision to stick my investments when I was still a newbie to bitcoin rather go along with the hype of alts. Although there were alts that provided massive returns to its investors but still I'm satisfied that I've stayed to bitcoin.
I made the right decision to stick my investments when I was still a newbie to bitcoin rather go along with the hype of alts. Although there were alts that provided massive returns to its investors but still I'm satisfied that I've stayed to bitcoin.
Bitcoin is always been the dominant cryptocurrency ever since. It dominated the market even though there are lots of new altcoins are coming in the market. There are several altcoin that step in to challenge Bitcoin for the title of being the Crypto King but all of them failed miserably. Op's chart show the reason why.
What an excellent chart. 
It is the perfect chart to illustrate that Alt coins has a shelf live and that the majority of them start with a hyped up launch and then a frenzy period where people are buying coins in the hope of making a huge profit and once they realize that the Alt coin is going nowhere, they start dumping it and it ends up going down and eventually dies.
It also shows that Bitcoin is totally different from Alt coins and that it does not follow this hype cycle. The reason is simple, Bitcoin is actually used in the real world and it was not just developed to make a quick profit.
It is the perfect chart to illustrate that Alt coins has a shelf live and that the majority of them start with a hyped up launch and then a frenzy period where people are buying coins in the hope of making a huge profit and once they realize that the Alt coin is going nowhere, they start dumping it and it ends up going down and eventually dies.
It also shows that Bitcoin is totally different from Alt coins and that it does not follow this hype cycle. The reason is simple, Bitcoin is actually used in the real world and it was not just developed to make a quick profit.
Since then Bitcoin always remain on top in terms of price value to all exchange platform on bitcoin world.
They may have some altcoins that are much better in terms of features usages, but still when it comes to trusted one peer to peer
digital currency people still embraced and support more on bitcoin.
They may have some altcoins that are much better in terms of features usages, but still when it comes to trusted one peer to peer
digital currency people still embraced and support more on bitcoin.
The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)
charts like this are not meant to focus on individual coins, it is meant to show the long term movement of all the coins and for that, it is obvious that even though in short term altcoins may perform well or in some cases better than bitcoin, all of them in the long run are going down and lose value without an exception.
for example during 2017 and the pumps, there were many coins that went up a lot more than bitcoin did but they have all lost all that rise, and not just that they also lost more than just that rise. they went below their starting price.
The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)
It is completely clear that bitcoin has been much profitable that altcoins. And why do you think the data is not healthy? Coinmarketcap shows similar charts too.
The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)
Its always be.Btc proven out for 10 years that it do deserve the top spot.It might be outdated by some coins but this one is mainly supported.
It can be seen on dominance but well we cant still be sure if it would stay on top spot forever yet we know that nothing do last forever.
It can be seen on dominance but well we cant still be sure if it would stay on top spot forever yet we know that nothing do last forever.
This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?
source
https://twitter.com/woonomic/status/1161320822344179720
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