Bitcoin already proved itself among other altcoins so when it goes down altcoins go down as well the same thing when it goes up.
I don't think this rule is being followed anymore. Because a few days ago Bitcoin was $42k but now it is going up and down in a certain range. But ETH does not stop. ETH gradually increased from $1700 to now $2800 +. 
Topic: Money flowing out of BTC into Altcoins (Read 1663 times)
Bitcoin already proved itself among other altcoins so when it goes down altcoins go down as well the same thing when it goes up. I did liquidate my coins. If I were you just keep holding your bitcoin and altcoins, the price is still cheap and for sure bitcoin will reach its ATH once again when the next halving happens.
you can move assets to altcoins but you still have to keep bitcoin. I think bitcoin has the greatest potential and until now you will lose if you lose bitcoin just to move to altcoins.
Everyone has their own way of managing their own assets well, so you also shouldn't force your will in suggesting strategies to other people, because everyone knows what they have to do, because it's not meaningless to move their assets from Bitcoin to Altcoin they hate Bitcoin, it could just be a temporary move. 
I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
you can move assets to altcoins but you still have to keep bitcoin. I think bitcoin has the greatest potential and until now you will lose if you lose bitcoin just to move to altcoins. while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
I don't think these two are wise choices. Bitcoin is the most stable currency and the most promising currency in the future. Why not choose to buy a small amount of altcoins, but choose to sell all bitcoins. Although altcoins have high volatility and high returns, their risks should not be underestimated. Bitcoin is still my favorite. I will not give up Bitcoin. Please be patient.
It happens because many altcoins are being pumped and new coins coming out that guaranty huge profit, but I also don't recommend altcoins to get the big slice of your portfolio, altcoins are following Bitcoin's price, and you cannot be sure that altcoins will pump for a long time, we have seen many altcoins after big pump losses their value after a few months, and that's been the trend.
I don't think this rule is being followed anymore. Because a few days ago Bitcoin was $42k but now it is going up and down in a certain range. But ETH does not stop. ETH gradually increased from $1700 to now $2800 +.
And now things have improved well again, and this could also be a very good sign for all cryptocurrencies, because now we are in Q3 for 2021, and if positive things continue to happen in the market, then expect more surprises. good again at the beginning of Q4 this year
In my opinion, it depends on each of us to believe so that we are consistent in taking a stance in releasing something valuable so I don't think you should liquidate the bitcoin position you have, because in my opinion bitcoin can still be higher than altcoins will just come for a while it just takes time and patience because the movement of Btc is rising
There is no doubt that Bitcoin, the king of ten thousand coins, is the foundation of the entire blockchain. It has no possibility of being replaced. It is the eternal king. Between mainstream Bitcoin and altcoins, I think there is no difference between high and low. Value investing is not for everyone. The most important thing is for me. The first altcoin I played was trapped. Then I went to study blockchain investment and started to pay attention to Bitcoin. With my insight into some projects in the market and investment analysis ability, I later chose some top-ranked altcoins.
In my opinion, it is suitable for novices to choose Bitcoin first. Bitcoin is the best choice for big capital and security.
In my opinion, it is suitable for novices to choose Bitcoin first. Bitcoin is the best choice for big capital and security.
As we all know, Bitcoin is the currency with the largest value in the encryption field. Other mainstream currencies and altcoins follow the trend of Bitcoin. Don’t pick up sesame and lose the watermelon. I think so, if you think the trend of altcoins can be I have no objection to investing some money, because I am also buying back some other coins and making a profit from it, but Bitcoin should choose to continue to hold it. In the future, Bitcoin will bring more surprises and allocate funds carefully.
I don't think these two are wise choices. Bitcoin is the most stable currency and the most promising currency in the future. Why not choose to buy a small amount of altcoins, but choose to sell all bitcoins. Although altcoins have high volatility and high returns, their risks should not be underestimated. Bitcoin is still my favorite. I will not give up Bitcoin. Please be patient.
I do not think so. I will continue to hold bitcoin and just a few prominent altcoins I believe in.
I will be evaluating how my investment into all of these holdings has performed. I am a big believer that BTC will be the future of money and they are only getting started.
The point of all this is to make sure that you are doing the research, if you are a trader or investor, that you are looking to keep ahead of the market because I just believe that you can make a lot of money in the long run. This is not investment advice.
I will be evaluating how my investment into all of these holdings has performed. I am a big believer that BTC will be the future of money and they are only getting started.
The point of all this is to make sure that you are doing the research, if you are a trader or investor, that you are looking to keep ahead of the market because I just believe that you can make a lot of money in the long run. This is not investment advice.
I will continue to hold Bitcoin and some valuable stablecoins.
Compared with May, Bitcoin has risen a lot. If you didn't sell it in May, there must be a lot of profit now. If you sell bitcoins and buy altcoins, I think this is a loss for you.
Bitcoin is currently in an upward trend. It is recommended that you continue to hold it. If you have additional funds, you can buy the altcoins you want to buy. There are many good altcoin projects, and many altcoin projects are innovative and worth buying.
Compared with May, Bitcoin has risen a lot. If you didn't sell it in May, there must be a lot of profit now. If you sell bitcoins and buy altcoins, I think this is a loss for you.
Bitcoin is currently in an upward trend. It is recommended that you continue to hold it. If you have additional funds, you can buy the altcoins you want to buy. There are many good altcoin projects, and many altcoin projects are innovative and worth buying.
I would advise you to keep the bitcoins, altcoins and stablecoins in your investment portfolio.
And I would hold some of the Top 30 coins with a 10-year perspective.
I came up with forecasts for bitcoin from 70,000 to 150,000 dollars in this rally, but if you find a coin whose price can rise 3 times or more, then you can invest.
It looks like you got a little wrong in your predictions. In May, a few days after the creation of this thread, prices plummeted by more than 50 percent and it was still a good time to take profit in both bitcoin and altcoins. In that rally, Bitcoin failed to climb to $ 70,000. Perhaps he will do it by the end of the year, and maybe next year. As practice has shown, we were too optimistic about the rate and duration of price growth. Well, we continue to learn and study the behavior of this market. And I would hold some of the Top 30 coins with a 10-year perspective.
I came up with forecasts for bitcoin from 70,000 to 150,000 dollars in this rally, but if you find a coin whose price can rise 3 times or more, then you can invest.
when bitcoin goes up, we can see that there are several altcoins that follow the increase significantly, and not all altcoins experience it. it is possible that in addition to money from altcoins moving to bitcoin, it can happen because of the many new investors who enter this market, and after that many people sell bitcoins because they have made a profit, so they buy altcoins that are still cheap with the aim of getting a profit back
When new investors enter the cryptocurrency market, they look for an asset that can give the same returns that Bitcoin provided in the last 7-8 years. When they get to know that alts such as Cardano and Polkadot are having algorithms that are much more advanced when compared to Bitcoin, the tendency is to go for investment with these coins. What they fail to notice is that in terms of security, these coins trail Bitcoin by a lot. The PoW algorithm used by Bitcoin offers a level of security, that can't be matched by any other altcoin.
On the other hand, Proof-of-Work is very energetically expensive. That is why blockchains that work on this algorithm of consensus are very expensive and less scalable compared to those that work on Proof-of-Stake. That is why Ethereum is going to switch to PoS with the launch of Ethereum 2.0. But I don’t think that it will become insecure. To my mind, we will still use it safely.
If you were to judge bitcoin price by historical price movement, bitcoin usually dump after a huge rise from previous circle. This circle is different from my perspective as there are interest from institutional investors, we also have billionaire shiller (Elion Musk) There has been fifty percent loss from ATH of bitcoin price and huge dump on altcoin prices. The bull market might be over and bitcoin may rise in another circle!
this is not in the form of a bull rally this year.we've already seen how bitcoin experienced a pretty severe dump. and many thought it would go deeper. but the fact is bitcoin can be held in the current situation. This is true because the market situation is different from the previous pump situation. Now the market is really strong with big investors coming in this year.
but I'm sure if there is a new circle that bitcoin will create, I don't think it will reach ATH. we will see better momentum on altcoins and bitcoin providing good support in the market.
If you were to judge bitcoin price by historical price movement, bitcoin usually dump after a huge rise from previous circle. This circle is different from my perspective as there are interest from institutional investors, we also have billionaire shiller (Elion Musk) There has been fifty percent loss from ATH of bitcoin price and huge dump on altcoin prices. The bull market might be over and bitcoin may rise in another circle!
Reconsider. You should never put your bitcoin at the danger. Bitcoin was not yet arriving at its pinnacle cost. I genuinely don't figure they could be manageable for long haul. It is additionally risky occasions for long haul speculations and I propose to be more about present moment and exchanging. Extremely high theory levels and an excess of eagerness, fomo and publicity.
I don't think that's the problem.currently, altcoins are getting support from bitcoin with market conditions continuing to improve after the last correction.
naturally, some investors move their money from bitcoin to altcoins. we'll see the altcoin rally craze when the market doesn't lose support from bitcoin.
what is expected is not dominance but bitcoin stability that will grow the momentum of altcoins.
I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
Altcoins make it easy because they are cheaper than Bitcoin (BTC), but the space for BTC is still wide open in the next 5 years. The best long term investment is still in BTC. Just keep your capital in BTC and I'm sure you'll get a profit.while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
I think, the post I made has something to do with this topic. From some of the people who answered, it seems that there is no guarantee that you will also get a profit if you invest in BTC.
But it is not final.
I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
There will be more room for BTC in the next few years. Altcoins will also exist, but potential Altcoins or coins that are top 40. I think, BTC and Coin top 40 are very suitable for you to invest. while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
To my mind you had better diversify your assets between fundamental currencies like Bitcoin and Ethereum, altcoins and stablecoins that you can use when there are drawdowns, to average your price.
The thing is that when Bitcoin is falling, altcoins are falling even faster, so to protect yourself from this, you should diversify. But in case of a bull run, altcoins will definitely bring you much more money, as unlike Bitcoin they can increase by 10 times and more easily.
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