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Topic: Why I am focousing more on $ALTS than Bitcoin (Read 850 times)

sr. member
Activity: 1498
Merit: 251
KUWA.ai
January 21, 2021, 10:39:08 AM
#93
Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.

of course in long term people will choose bitcoin, but in short or medium term, i think altcoins is a good choice too my friend
because by investing in altcoins we can increase our bitcoin amount right ? an this investing in altcoins from many way to get more bitcoin

The bitcoin being flooded with so many institutional investors and these investors gave no choice for the small buyers to shift into the altcoins.
As long as you are investing in the legit altcoins and you can also get more bitcoin when you are able taking the decent profit from your investment. That's how altcoin trade was working.
hero member
Activity: 986
Merit: 516
Bitcoin made a new all-time high, So people moving their profit bitcoin to the altcoin. so why at altcoin I am very bullish. especially on the Defi project, People are very interested now in the Defi project. also at altcoin, people can easily gain 10x or more profit. So right now, Investment altcoin is very suitable to make some easy money. but don't forget to HOLD bitcoin a minimum of 50% of your total investment. because an altcoin is also very risky
I'm very much interested on De-Fi projects, but since you said about "people can easily gain 10x or more profit".. can you site an example of a De-Fi projects that has already made investors profitable that high?
yes. You can check chainlink project for that. Take a look here https://coinmarketcap.com/currencies/chainlink/ Chainlink holder made a huge profit and its Defi project. Also adding a photo for better understand
legendary
Activity: 2660
Merit: 1074
Bitcoin price fixation didn't happen after $12k. Actually btc price rally started from there and bitcion marketcap dominance have increased enough since then. It was staying above 70% for a good period of time. Though it has dropped under that percentage in recent few days and altcoins marketcap increasing now. I think bitcion price really will start again soon, like before. And alts willl move slowly behind it.
Alts actually do not move slow, they do increase in fiat a lot faster as well, it is the public that has alts in bitcoin form that are upset about the situation. Let's assume that you have 1 bitcoin that worths 10 thousand dollars, and instead you buy altcoins with it, a year later your altcoins worth 0.5 bitcoins but 100k dollars, would you be upset about it?

Basically people want to see altcoins to worth the amount they used to worth, but looking at ETH for example, it was 130-140 dollars a year ago, now over 1k, did bitcoin have the same type of increase? It didn't, that is what I am talking about as real increase.

People think alts are not doing well because most of them dropped in bitcoin price, and many believe "if I kept bitcoin instead of alt, I would have been richer" but they do not realize that they got richer anyway, so whats the purpose of this complaint when you are already richer.
legendary
Activity: 1946
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In Search of Incredible
Bitcoin price fixation didn't happen after $12k. Actually btc price rally started from there and bitcion marketcap dominance have increased enough since then. It was staying above 70% for a good period of time. Though it has dropped under that percentage in recent few days and altcoins marketcap increasing now. I think bitcion price really will start again soon, like before. And alts willl move slowly behind it.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Bitcoin made a new all-time high, So people moving their profit bitcoin to the altcoin. so why at altcoin I am very bullish. especially on the Defi project, People are very interested now in the Defi project. also at altcoin, people can easily gain 10x or more profit. So right now, Investment altcoin is very suitable to make some easy money. but don't forget to HOLD bitcoin a minimum of 50% of your total investment. because an altcoin is also very risky
I'm very much interested on De-Fi projects, but since you said about "people can easily gain 10x or more profit".. can you site an example of a De-Fi projects that has already made investors profitable that high?
hero member
Activity: 986
Merit: 516
Bitcoin made a new all-time high, So people moving their profit bitcoin to the altcoin. so why at altcoin I am very bullish. especially on the Defi project, People are very interested now in the Defi project. also at altcoin, people can easily gain 10x or more profit. So right now, Investment altcoin is very suitable to make some easy money. but don't forget to HOLD bitcoin a minimum of 50% of your total investment. because an altcoin is also very risky
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.
People will be always having money to buy bitcoin and more institutional investors mean more money will be going to the bitcoin.
You must see how many institutional investors that already joined in bitcoin. It's not only the retail investors that bought bitcoin but the company and some communities started to consider bitcoin as a potential investment for the future.
Even so many pension funds are going to the bitcoin too.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.

of course in long term people will choose bitcoin, but in short or medium term, i think altcoins is a good choice too my friend
because by investing in altcoins we can increase our bitcoin amount right ? an this investing in altcoins from many way to get more bitcoin
sr. member
Activity: 1386
Merit: 250
1XBit.com
Bitcoin's rise in recent times has had a positive impact on altcoin prices, this is because there are several altcoins that are derivatives of bitcoin and of course not everyone can afford to buy bitcoin so that altcoins can be an alternative investment that is the same as bitcoin and one of the reasons many people choose altcoins today is that the price of bitcoin is too high so that in the end traders and investors will shift to other crypto assets and these assets are altcoins.
full member
Activity: 560
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Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.
sr. member
Activity: 1176
Merit: 252
Futurov
focusing on altcoins is good idea, because by investing in altcoins we can earn more bitcoin right ?
but the fact, a lot of people didn't know how to choose the right alt, because most of people want to find a hidden gems, they want to make a huge profit with small money and its sounds really easy but for sure its hard to do
sr. member
Activity: 2338
Merit: 365
Catalog Websites
you don't have to be too idealistic. the point is if it gives you a profit then put more focus there...
I also realized that many people don't really like Bitcoin but prefer Altcoins. some traders are even more profitable on Altcoins than Bitcoin. just focus on your choice.
full member
Activity: 827
Merit: 100
for me it is not a problem if you focus more on altcoins, but my advice is on altcoins that are in the top 10 coinmarketcap. because it can provide profit. but, don't forget bitcoin because I think bitcoin also definitely provides profit, it's just that you can adjust the pattern both between bitcoin and altcoin will definitely be successful
jr. member
Activity: 345
Merit: 1
this very depends on your personal skills and strategy. i do my best in hodling BTC and trading hyped defi like polkadot, uni. and i'm researching new dex projects to go in.
btw, i'm watching just now an interesting stablecoin dex - xsigma. good financial model, and they have nice rewards for LPs
jr. member
Activity: 48
Merit: 1
this very depends on your personal skills and strategy. i do my best in hodling BTC and trading hyped defi like polkadot, uni. and i'm researching new dex projects to go in.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
September 02, 2020, 07:11:13 AM
#78
I think it's pretty clear that if you wanna risk more then you can go and invest in altcoin where the rewards can also be high. Bitcoin is a relatively safe investment in crypto which gives decent returns too.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 01, 2020, 12:49:29 AM
#77
profit is the main choice of many who invest in altcoins compared to bitcoin other than that the difference in price is very high, it is difficult to get big profits in a short and long time, I also choose altcoins from bitcoin and I prefer investing in new altcoins very good in my opinion because can get big profits in a short time
New altcoins in my opinion are very risky, even though now there are many new altcoins that are showing good performance but not necessarily the new altcoins that will come again are the same, beware! crypto currencies are cruel
it's not only risky but it's a gambling especially for the Y family token as these tokens have no purpose at all. That reminds me with the bitcoin fork trends that happened a few years ago. My friend has already trapped by YFIB and that was a crap coin for sure.
legendary
Activity: 2534
Merit: 1338

 There will always be times when bitcoin gets super amount of attention after a while and when bitcoin reaches to a whole new cap people will move towards the altcoins and when those do reach a new cap they will move towards whatever is the riskiest, back in the day it was ICO after that it was IEO and nowadays iti s DeFi projects and so forth. That is why I believe this is an endless circle and people will keep doing that forever.

 Isn't there some people who are only using usdt/btc and nothing else? Sure there are. There are also people who only invest into new stuff as well, go into high leverage stuff, go into ICO or DeFi or whatever stuff. There are people who only focus on just one of them, but in reality those are small numbered, regular big portion of people go check out absolutely everything all together but the difference between them is that some of them do it in turns and some of them do it at the same time.
I don't think this is an endless circle and I think that for one reason only and that is that we have not an endless amount of money in the market, despite the huge amount of money moving in the market of cryptocurrencies every single day the amount it moves is limited and even if whales and expert traders can move the market as they wish the number of people that they can manipulate decreases with each passing year as people realize that they have been losing money in the markets for all of that time or they run out of cash, and while it is true that every single year new investors join this market at the same time the level of those investors is increasing and they are not so easily deceived as people were back then.
sr. member
Activity: 1386
Merit: 250
1XBit.com
New altcoins in my opinion are very risky, even though now there are many new altcoins that are showing good performance but not necessarily the new altcoins that will come again are the same, beware! crypto currencies are cruel
Actually there are several new alt coins that in my opinion are potential enough to be traded such as DIA, wazirX coin and so on, but as a trader, of course we have to be ready with all the risks that exist if you try your luck at new alt coins at this time because new alt coins may not will last a long time in its development like some other alt coins that has now become scam coins, before trading, we should really know all aspects about these alt coins so that we can make the right decisions before trading, not all alt coins are cruel if you are reliable at doing make the right market predictions.😁

full member
Activity: 1386
Merit: 101
ComboLabs
profit is the main choice of many who invest in altcoins compared to bitcoin other than that the difference in price is very high, it is difficult to get big profits in a short and long time, I also choose altcoins from bitcoin and I prefer investing in new altcoins very good in my opinion because can get big profits in a short time
New altcoins in my opinion are very risky, even though now there are many new altcoins that are showing good performance but not necessarily the new altcoins that will come again are the same, beware! crypto currencies are cruel
sr. member
Activity: 1372
Merit: 252
profit is the main choice of many who invest in altcoins compared to bitcoin other than that the difference in price is very high, it is difficult to get big profits in a short and long time, I also choose altcoins from bitcoin and I prefer investing in new altcoins very good in my opinion because can get big profits in a short time
full member
Activity: 1750
Merit: 118
I'm also a person who prefers altcoin speculation over bitcoin. Because I'm a newbie with little capital, altcoins always help me duplicate my account very quickly. If we have hidden sources and know how to choose altcoins to speculate, we will get rich very quickly, usually when the altcoin season comes, the coins pump with a frequency of 70 - 120% / day and it always makes the traders account growth very fast.
You are a Newbie but Duplicating your account quickly?wow so you are an expect traders ?i have been here in crypto for couple of years
but until now it is hard for me to find which Altcoin will Grow and which will fail each trade i make,but you being a newbie are successful in every trade you made?
what a Great skills or just story telling ?lol that seems to be a Joke .
thats not a move made by a newbie but he can be pro already and he is only shy to say it but he must tell the truth so that people wont suspect him .

for a newbie , the safest coin is only bitcoin and trading is also risky for newbie .other source of income helps to attain a big profit but using the word quick rich is not good to hear on my ears . legit traders dont mention that  .
full member
Activity: 2520
Merit: 204
I'm also a person who prefers altcoin speculation over bitcoin. Because I'm a newbie with little capital, altcoins always help me duplicate my account very quickly. If we have hidden sources and know how to choose altcoins to speculate, we will get rich very quickly, usually when the altcoin season comes, the coins pump with a frequency of 70 - 120% / day and it always makes the traders account growth very fast.
You are a Newbie but Duplicating your account quickly?wow so you are an expect traders ?i have been here in crypto for couple of years
but until now it is hard for me to find which Altcoin will Grow and which will fail each trade i make,but you being a newbie are successful in every trade you made?
what a Great skills or just story telling ?lol that seems to be a Joke .

Mind Giving me Idea which currency here https://coinmarketcap.com/ Will make profit?i can offer you some percent if you can give me
the Growing coins this weekend?


Obviously more people are focused on altcoins in trading than bitcoin because bitcoin has a high price. Altcoins are more profitable for trading with low funds than bitcoin. But altcoins are quite difficult to go up again if they fall, unlike bitcoin which is very volatile
And Bitcoin is not designed for Daytrading because it moves very slow and harder to predict what will comes next
That is why many people loves altcoin than Bitcoin.
But for all those who has a Support in Bitcoin then they tend to stay Holding no matter what it brings to them.
full member
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PrimeDAO - An Adoption Engine for Open Finance
I'm also a person who prefers altcoin speculation over bitcoin. Because I'm a newbie with little capital, altcoins always help me duplicate my account very quickly. If we have hidden sources and know how to choose altcoins to speculate, we will get rich very quickly, usually when the altcoin season comes, the coins pump with a frequency of 70 - 120% / day and it always makes the traders account growth very fast.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
Obviously more people are focused on altcoins in trading than bitcoin because bitcoin has a high price. Altcoins are more profitable for trading with low funds than bitcoin. But altcoins are quite difficult to go up again if they fall, unlike bitcoin which is very volatile
hero member
Activity: 1540
Merit: 508
It is quite interesting to see the decreasing BTC dominance, while the altcoins market cap is increasing. Based on this it is indeed
a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough,
this is a good opportunity to be able to make a profit from altcoins.
Bitcoin has a long time to hit this market, its dominance is too high and does a lot of damage to the altcoin, if it doesn't stop and adjust, altcoin will die and the situation is proceeding that way, Bitcoin has made its first gentle and descending steps, altcoins have made comebacks. Besides this interesting adjustment, a series of new projects and altcoins are being created, capitalization has gradually moved in here and of course, a wise investor will know that focusing on altcoin has more advantages, instead of sticking to a sideways bitcoin
full member
Activity: 1638
Merit: 122
i thought you are talking about SALT ( a kind of coin ) lol but its alts or altcoins you are talking about . sorry about that but your explanation is correct , btc is now going down while the gains on alts are still there .

 alts are able to sustained what they gave gained last time .  its not bad if there are users that will foccus on alts over bitcoin  but i think most of the sympathy are still going for btc .
hero member
Activity: 3010
Merit: 629
Well bitcoin and alts are profitable to be traded in right timing. Top alts are likely the best choice if you're focusing more on it and not on bitcoin because it depends on the alts you choose and if it is beneficial if you invest.

It turns out only my altcoins do not grow ? fomo pushes me to make another mistake, how difficult it is to choose an altcoin.
What alts did you buy? You probably chose the wrong coin to invest in because most alts already showed a significant growth following the uptrend of bitcoin.
hero member
Activity: 2744
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Campaign Management?"Hhampuz" is the Man
isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts.

Altcoins are being there everytime and the counts is hugely coming each day almost but still Bitcoin domination are indeed and still more than %60 of the total capitalization in Crypto market.
It turns out only my altcoins do not grow ? fomo pushes me to make another mistake, how difficult it is to choose an altcoin.
It is not difficult to find altcoin if you will investing in top currencies like first 10 because they are safer and may have a Run together with Bitcoin when the bulls comes out,just be aware of long waiting in case you are not ready,.
member
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It turns out only my altcoins do not grow ? fomo pushes me to make another mistake, how difficult it is to choose an altcoin.
sr. member
Activity: 1876
Merit: 318
It is quite interesting to see the decreasing BTC dominance, while the altcoins market cap is increasing. Based on this it is indeed
a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough,
this is a good opportunity to be able to make a profit from altcoins.
hero member
Activity: 2156
Merit: 575

 There will always be times when bitcoin gets super amount of attention after a while and when bitcoin reaches to a whole new cap people will move towards the altcoins and when those do reach a new cap they will move towards whatever is the riskiest, back in the day it was ICO after that it was IEO and nowadays iti s DeFi projects and so forth. That is why I believe this is an endless circle and people will keep doing that forever.

 Isn't there some people who are only using usdt/btc and nothing else? Sure there are. There are also people who only invest into new stuff as well, go into high leverage stuff, go into ICO or DeFi or whatever stuff. There are people who only focus on just one of them, but in reality those are small numbered, regular big portion of people go check out absolutely everything all together but the difference between them is that some of them do it in turns and some of them do it at the same time.
hero member
Activity: 2926
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DGbet.fun - Crypto Sportsbook
@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.

focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
It's obvious that because of the DeFi hype all of the altcoins that are somehow related to that field are growing up in value really quickly even if many of those projects are scams or bad projects so I do not really recommend investing in them, and if you are going to take the risk anyway at least invest a very small amount of your money, that way if you get lucky and the coin grows a lot you still earn a significant amount of money but if the coin crashes and disappears you only lose a small amount of money.
Its really just a triggering thing on why the market had hyped up again with altcoins and it is indeed because of this new DeFi thing and you're right that even the shittiest projects out there would really
be dragged along with it.

So it is really that much risky to take consideration on shooting up some money just because you do get along with the hype without even thinking first if the project is really worth to invest on.

This had been pretty common on this space that if you do let yourself get fomo'ed easily then you would surely or bound to lose on high chances.
legendary
Activity: 2534
Merit: 1338
@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.

focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
It's obvious that because of the DeFi hype all of the altcoins that are somehow related to that field are growing up in value really quickly even if many of those projects are scams or bad projects so I do not really recommend investing in them, and if you are going to take the risk anyway at least invest a very small amount of your money, that way if you get lucky and the coin grows a lot you still earn a significant amount of money but if the coin crashes and disappears you only lose a small amount of money.
hero member
Activity: 1638
Merit: 505
What I've observe is that if Bitcoin goes down the other altcoins are going down as well most of it but not all I think it's because its most paired in bitcoin. If you are going to focus on altcoins that's fine just depends on the altcoins you are going to choose it's better to choose an alt coin that has a high volume and liquidity rather than some shit coins that can be worthless anytime.
full member
Activity: 1050
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Vave.com
Investors can really take risks but it is not possible to say that they are not aware of the risks because i do a lot of research before investing myself because even a lot of good tokens fall off suddenly. Where the top currency bitcoin falls other tokens are more likely. However as long as a token is pumped and dumped small traders will jump for profits with confidence. Many investors are convinced that the value of Bitcoin is declining because they believe that this declining value will not last long.
sr. member
Activity: 1274
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★Bitvest.io★ Play Plinko or Invest!
of course the process of increasing altcoin is higher than bitcoin other than that the capital is smaller hence more investors trade in altcoins than bitcoin
If what you are saying is true then why still Bitcoin covering the majority of market cap?why Bitcoin still holds 60%+ of the capitalization if investors are really into altcoins?sometimes Logic is enough to understand what the means of our words.
isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts.
thats the fact but the truth is not,Bitcoin still the favorite and holds the highest funds inside the crypto market.

   Bitcoin is the first in many ways, and I believe it will hold the throne for many more
years. But as Udidrone says, some alt-coins are emerging and gaining value and
popularity, we can't deny that, and it's on us to use that opportunity for our own advantages, it's join the train and make profit or let others to do that. I invest in
Bitcoin and alt-coins I find great.
full member
Activity: 2548
Merit: 217
of course the process of increasing altcoin is higher than bitcoin other than that the capital is smaller hence more investors trade in altcoins than bitcoin
If what you are saying is true then why still Bitcoin covering the majority of market cap?why Bitcoin still holds 60%+ of the capitalization if investors are really into altcoins?sometimes Logic is enough to understand what the means of our words.
isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts.
thats the fact but the truth is not,Bitcoin still the favorite and holds the highest funds inside the crypto market.
hero member
Activity: 2296
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Cryptocasino.com
isn't it to be expected when so many alts are emerging every day and the flow of cash are going to them because they are trying to reach the people that don't really know bitcoin much. bitcoin dominance will definitely become less and less then the market are flooded with so many alts. but that doesn't mean bad thing. If the cash flow to alts is huge just as huge as bitcoin's then our market will be more mature and have bigger capital which means bigger liquidation!
legendary
Activity: 1876
Merit: 1003
of course the process of increasing altcoin is higher than bitcoin other than that the capital is smaller hence more investors trade in altcoins than bitcoin

The investor or the traders trade the altcoin pair bitcoin or altcoin pair stable coins, and they convert their profit into bitcoin, so when bitcoin increase so high, they will sell their bitcoin and get the money that they can withdraw to their banks. We see that the chance to make a profit from the altcoin is wide open, and while bitcoin price does not increase so high, we can try to trade altcoin pair bitcoin. I am sure that we can profit in bitcoin so that we can hold the bitcoin until the price increases.

Big players always use altcoins to grow their bitcoins that is the best way to do this as there is big potential in this tiny market. But it is tricky to pick the right coin for accumulation if we entered on the top than it will bring big trouble and ended with loss. Bitcoin is always a safe asset if someone don't feel comfortable than better avoid trading.
hero member
Activity: 2730
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At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.
No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.

Sounds like good advice to me,,, and one I sort of tell people too. Altcoins is gambling, let us face it. Put 1% in it I would say, no more than 2%. Of course I put about 10% and growing in ETH/XMR/LTC but these are very old projects I know will not dump.
Im not really that much into such belief that those top coins will not dump yet we know on how unpredictable the market is and yes everything would really be a gamble even with BTC or altcoin neither of the two.
Some people can really take up the risk and they do test it out if it really do works for them or not.We cant say that they arent aware on the risk but we know the probabilities on making big money if
those alts would really make a run.Its a matter of choice and preference though because some do only stick with the current best coins in the market but some do really focuses out into other alternatives.
It depends as long you do make profits.
hero member
Activity: 2156
Merit: 575

 I understand that some people think "bitcoin can't do x100 in the near future, whereas my altcoins can" and they might be right, there were and will always be some coins that will be x100 one day, of course %99+ of them will not be x100 but if you are super lucky you can find that one that makes that huge profit for you, whereas bitcoin could never be x100 any time soon, maaaaaybe in a decade or more but nowhere soon.

 However you have to understand people who also invest into bitcoin wants to make that %10-20 profit over the possibility that your altcoin could go down, bitcoin can't go down too much, it could always go down but I doubt it could ever be %90+ loss, even on the worst ever it went from 20k to 3k but if you waited a bit it moved back over 10k once again, while some alts that went down same period are still down %90+

 So the people who invest into altcoins and invest ICO's and defi's and so forth want huge wins, the people who invest into bitcoin and ethereum wants regular returns that are realistic but more possible.
sr. member
Activity: 1386
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1XBit.com
Although we cannot predict the future of crypto, but if we invest money in bitcoin is a fairly safe alternative than investing large amounts of money in alternative coins projects, which currently seem to be a way for scammers to gain profit, but of course outside There are still many alt coins projects that can give us an advantage, but in this case maybe only 20% of the projects are really real, so we must always be careful and careful in choosing the Alts coin project so as not to become a victim of a fraudulent project.
hero member
Activity: 2338
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Temporary forum vacation
At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.
No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.

Sounds like good advice to me,,, and one I sort of tell people too. Altcoins is gambling, let us face it. Put 1% in it I would say, no more than 2%. Of course I put about 10% and growing in ETH/XMR/LTC but these are very old projects I know will not dump.
hero member
Activity: 2828
Merit: 518
Well, seeing those charts means that we have a good trend for altcoins and provide an exciting moment this time than Bitcoin has. But we can't deny that this trend never takes so long and being potential all the way unlike that Bitcoin have. I'm not actually skipping into altcoin because I also invest some of it just like ETH and BNB but I spend more than half of my capital into Bitcoin for I know that it deserves to be trusted.

These amazing trends will soon change, the resistance might it stronger than Bitcoin but we are considering how it takes for a long-term market position and I know that Bitcoin looks better than these altcoins.
member
Activity: 243
Merit: 10
Bitcoin and altcoins have good combination of holding or trading it because you can get more profit if you do this.
But many people are focusing to the altcoins which is cheaper value compared to the bitcoin because alts will give to them a high value.

Bitcoin is giving them too profit but not a huge than what possibility altcoins holder/trader will be get .
Exactly, altcoins right now have a lot of new names with quite a low value but in return, they deserve to invest when the resources behind are huge, and with such great resources, they can easily scale and raise funds and achieve bigger prices in just a short time while bitcoin could be said to be in a phase of saturation, its potential was already at a level that everyone could estimate. People's estimates suggest that profits will only be relative to bitcoin but altcoins will be a bigger source of profits when they're too new and too hard to predict their potential
sr. member
Activity: 1540
Merit: 255
Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
The market off altcoins has been presenting significant growth over the past weeks and while bitcoin has grown as well it has lost several points when it comes to its dominance so it is clear that the current growth in the market is altcoin driven, so you are not wrong when you say that you are putting more attention to altcoins than bitcoin, just remember that the market moves in cycles and just as altcoins can outperform bitcoin there are very long cycles in which bitcoin is the one that outperforms altcoins.
yes that's why focussing on altcoin is make chance to make more profit than keep our money bitcoin where the movement is slowed than altcoin.
but still keep an eye on bitcoin and place the profit in bitcoin

You are right, everyone is investing in altcoins in order to increase their value in Bitcoin, once the attacking prices start recovering and in the same way, there is a huge risk involved in it. So we should always carefully invest in potential altcoins otherwise we might lose more value.
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The DEFI has also brought a lot of contribution for the altcoins to eat the bitcoin dominance. you can see the latest report that has already published on some sites and it says that if defi has already reached more than 6 billion on the total funds that were still getting locked.

it's also boosting the total mcap that has already achieved by altcoin too. im all in altcoin too.
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Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
are you referring to DEFI project here since they are the one who's on top of growth now like Chainlink?
i Think yeah they are going higher now and the ROI is really amazing but my question is would all this may long ?of will dump after a while?

I know how High the value of Bitcoin and Ethereum now but at least those 2 are tried and tested already that making a comeback after the fall,but those altcoins specially the pumping now haven't even proven their capacity to make others trust them aside from this recently High Movements.
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Investing in the right few Altcoins is more profitable than Bitcoin. like the current DeFi trend, the prices of some DeFi tokens have multiplied. but if we choose the wrong Altcoin in investing, then we can lose our money. so even though Altcoins look more profitable, don't put all our money in one place.
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Bitcoin has gone up in a few months, and the dominance of bitcoin has also gone up high,
and it's time for altcoins to show that altcoin is a worthy investment, altcoin season is coming, don't miss it.

but, in my opinion this altcoins seasons will be different with the past, because in this season only a solid and reliable altcoins project will going to the moon
and shitcoins will dead soon buddy
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Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Besides that, when that person chooses altcoin as his way to make a profit, he will analyze before he decides, so he can find that the potential altcoin. It is not easy because we know that many altcoins out there, and if we are making a mistake choosing the altcoin, we will not be able to make a profit. But some people select bitcoin and altcoin to make a profit.
We can choose both and invest on what is more profitable, its easy to choose bitcoin but looking for a profitable altcoins is quiet not easy and you have to know your target price to buy and sell on altcoins considering the number of altcoins, it takes time as well. I have no favoritism, and I trade on most of the opportunity to make money in the market whether its bitcoin or altcoins, it doesn’t matter as long as I get reach the target.
legendary
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Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Yeah. When you are a trader then you must want to know how to make more profit. For this the trader wants to take advantage of every opportunity. Since, DeFi hype has been created in the altcoin market which is why the coins of DeFi projects are being pumped.

Traders now have the opportunity to make quick profits from DeFi project coins. If you are an experienced trader then you can get good results in any market. I have seen a lot of traders who prefer to trade in that trend when it starts. And most of the time their decisions are right.

All varies on how you do handle out yourself but there are really people who do really just stick out with BTC no matter what and dont consider altcoin investment as an another option for them to make money.
For those people who do risk out will definitely have that chance on gaining profit even more if the said situation would really go as planned.We didnt even expect that DeFi did really make this kind of buzz
or trend in the market and for those who indeed consider on positioning themselves before this trend happened then they are the ones who do really make out some serious profits.
Its just a matter on how you do look into the market and do really mix up with some gamble if you do willing to risk or not since we know that outcomes wont really be that precise from time to time.
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There is no doubt that the growth potentials in Altcoins is far above that of Bitcoin, your choice depends on the your appetite for growth because both would still grow. Another thing is that Bitcoin represent stability, you can invest into BTC today and leave it for 10years and you will be sure the coin would still be trading in 10 years but you can say this about most of these ALtcoins
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Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.

Yeah. When you are a trader then you must want to know how to make more profit. For this the trader wants to take advantage of every opportunity. Since, DeFi hype has been created in the altcoin market which is why the coins of DeFi projects are being pumped.

Traders now have the opportunity to make quick profits from DeFi project coins. If you are an experienced trader then you can get good results in any market. I have seen a lot of traders who prefer to trade in that trend when it starts. And most of the time their decisions are right.
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At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.
No matter what you are doing, you should not forget to hold bitcoin because it is still valuable and it can go up high again. Anyway, I'm also monitoring the alt market especially the DeFi projects because many investors are coming into this new platform and we have to join that hype to earn as well. Some old altcoins was able to pump as well, so you should look into it and see if you still have that tokens, time to sell maybe.
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Apart from technical analysis some people focuses on ALTS hoping for a x100 - x1000 or more returns that they missed when bitcoin just launched before. Bitcoin movement now is not that big I guess not more than 15% but on alts you can easily have 100% if you selected a good coin. But of course we will diversify our assets consisting bitcoin and altcoins.
It is also difficult to find a better altcoin for 100% return even though bullrun can be expected but altcoins are not fully increased by 10x I try to find altcoins that are difficult to find because now it is different from before, bitcoin has indeed experienced a tremendous increase then with altcoins requires investor confidence to pump further and altcoins will eventually crash too.
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Basically it's all depends on which one can be more beneficial at this time Bitcoin or a best performing altcoin if I see a suitable altcoin which can give me more profit than btc so I would definitely invest on it to make some good amount of profit after all it can be wise decision to pick that way where you find more benefits.
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Your analysis regarding the increasing altcoins market cap is indeed a good reason for us as investors to focus on investing in some of
the top altcoins to generate big profits. But that doesn't mean the decline in Bitcoin dominance makes us move everything the bitcoins
we have become altcoins. Still, the investment portion in Bitcoin must be greater than altcoins, so the best investment 60% in Bitcoin
and 40% in altcoins.
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altcoins are on the rise due to the strong market influence. it won't be easy to make altcoins experience a significant increase. Nowadays there are many types of altcoins in crypto, and altcoin holders are focused on the altcoin upside chart

Alt coins investors are more on hypes, they are looking for opportunities that can bring a much quicker outcomes, there
are many projects that have offers where investors can generate good profits, but the risk is too high once the developers
are not serious and only after with the invested money coming from people who did not do the research. Pick the right
alts and enjoy the profits.
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I appreciate your data about the market cap, I also focus on altcoin than bitcoin but not because of the market capitalization but because the profitable, I see altcoin is more promising profits than bitcoin, bitcoin already so high and for people who only have small funds like me can't make perfect profits when investing in bitcoin. High risk high return
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altcoins are on the rise due to the strong market influence. it won't be easy to make altcoins experience a significant increase. Nowadays there are many types of altcoins in crypto, and altcoin holders are focused on the altcoin upside chart
legendary
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I don't see why one cannot focus on both at the same time specially since many altcoins are still dependent on bitcoin for their value. It is best to diversify instead of focusing on one part of the market while ignoring the other part.

because if you just have few thousands to invest in crypto you might not get more usd if you focus only to BTC. there is just more to profit with altcoins especially if you have bought early when prices of the tokens are just less than $0.10. there are more of these tokens right now than buying expensive tokens already like ETH.

Aave for instance still is 0.60USD while Nimiq is just $0.004 which one will you want to have since both have a good chance to rise up?
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I don't see why one cannot focus on both at the same time specially since many altcoins are still dependent on bitcoin for their value. It is best to diversify instead of focusing on one part of the market while ignoring the other part.
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At least keep a portion in BTC, and have fun with all the projects that moon lately where you can make huge amount of profit.
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Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
It is a much broader term to focus on the altcoin market, what are the coins you are focusing as there are thousands of coins in the market and not everyone will move higher even when the BTCitcoin market moves higher or the top altcoins starts rallying. The charts are one aspect but i would like to know why you think that the investors will invest heavily in the altcoin market and especially in that what are the coins you think will have the uptrend.

The chart is not clear, if you included all the shit coins then the output will be completely wrong.
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many people are more focused on altcoins than bitcoin the main factor in because the price of bitcoin is already very high of course to get a big profit
has a small possibility but if you invest in atlcoin will give you big profits in a short time if we really understand how it is altcoin
I dont think bitcoin price is already very high because bitcoin is only recovering to its massive price  dump last 2018. I agree that investing into alts especially defi tokens will give you huge profit if you invest.
The highest price of Bitcoin is $ 19000, now the price is still at $ 11000, of course this has improved quite a bit,
but if the Bitcoin price can be above $ 19000 I can say that the price of Bitcoin is very high, for now it's better to enter altcoins
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Apart from technical analysis some people focuses on ALTS hoping for a x100 - x1000 or more returns that they missed when bitcoin just launched before. Bitcoin movement now is not that big I guess not more than 15% but on alts you can easily have 100% if you selected a good coin. But of course we will diversify our assets consisting bitcoin and altcoins.
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many people are more focused on altcoins than bitcoin the main factor in because the price of bitcoin is already very high of course to get a big profit
has a small possibility but if you invest in atlcoin will give you big profits in a short time if we really understand how it is altcoin
I dont think bitcoin price is already very high because bitcoin is only recovering to its massive price  dump last 2018. I agree that investing into alts especially defi tokens will give you huge profit if you invest.
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We have so many options with the alts and they are working very well in the past weeks so my eyes was on the alts as well despite of the $12k hit o Bitcoin. We can't focus on bitcoin a lone when we know that there's a lot of opportunities on alt market. If you see a golden opportunity to buy on a cheaper price of good altcoins better to grab it than to say sorry later on.
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If that is your preference and you're better with the altcoins market, you can stay on it and be more productive. There's just these investors and traders who are confident with their alts holding.
While us, we like to allocate more with bitcoin as we're all believing the future of bitcoin and we're more for holding than trading. Although, I have also alts to be specifically included in my portfolio.
Already Bitcoin has proven its potential with its growth to the world. When it comes to altcoins, the success has been recorded with limited number of altcoins among the 6500+ available ones. Every cryptocurrency user should have an altcoin holding, but there needs to be a clear learning about the altcoin added to the portfolio. Altcoins provide bigger profit than bitcoin, for the same one needs to be lucky and knowledge to select the right altcoin.
There's no requirement that everyone has to be an altcoin holder. And there's also no requirement for everyone to be a bitcoin holder. But going with the safer side, it's less risky if you'll be on the side of being a bitcoin only holder even without alts. Time changes and in the long run, a person who's just a bitcoin holder will start to convey and think of if he's good to expand his investments with altcoins. There's nothing wrong with that as what matters is you know well your investments, the alts you buy.
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Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.

Investing in both, bitcoin and altcoin will give you good results if you know how to handle your trading skills. When it comes to altcoin, this will be a difficult one as there are so many alts to choose from. You need to choose wisely when it comes to alts because most of them are only short-lived so in my opinion, better stick to established alts with promising developments on the way. At least you can never go wrong that they will still be in the market even after few months of holding.
Well established coins can also disappoint us if the market condition is bad because everything here is totally unpredictable but sticking with those coins can reduce the risk of losing the capital amount completely which is not possible with new tokens and coins.

New projects can give huge profits but the chances of happening is very less and also it is like one time offer for many legitimate projects as well.
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Altcoins can indeed big returns, but they are also riskier than Bitcoin. "Altcoin season", "DeFi FOMO" may have been somewhat started, but that doesn't make all altcoins good for investing and even the good ones can be tricky.
So the guys with more years of investing behind them usually advise that the crypto portfolio has at least 50% Bitcoin and the rest has to be divided between multiple altcoins.
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many people are more focused on altcoins than bitcoin the main factor in because the price of bitcoin is already very high of course to get a big profit
has a small possibility but if you invest in atlcoin will give you big profits in a short time if we really understand how it is altcoin
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I tend to disagree on this one,Yeah i support some altcoins but my main investments still for Bitcoin because though altcoins has a opportunity to get pumped by some whales r group of holders yet nothing can Beat Bitcoin for safeties.
and for me even how much altcoins can offer yet will remain my support for the number 1 currency.
Every market has its own rules and who grasp the obvious law will make a lot of money. I also prefer altcoins when BTC dominance is at its top. because every year there will be corrections, the BTC dominance corrects there will be very strong growth altcoins and that's your chance to make money. And now when the Defi trend comes, the altcoins can also give us huge profits. HAKKA is an example, x200 compared to the ICO sale price.
Since you have mentioned an example,may i ask if that Hakka stays growing now?or starts falling as what Pump and dump coins does?
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Every market has its own rules and who grasp the obvious law will make a lot of money. I also prefer altcoins when BTC dominance is at its top. because every year there will be corrections, the BTC dominance corrects there will be very strong growth altcoins and that's your chance to make money. And now when the Defi trend comes, the altcoins can also give us huge profits. HAKKA is an example, x200 compared to the ICO sale price.
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Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
Care to share what altcoins are you talking about here?

I have seen some of your prediction and you have predicted Bitcoin good and it happens.

i am also looking to change 2 of my coins at hold for a new one so your advice will be helpful for me.
the graphs looks good and i want to Join you in your engagement for altcoins as i know they are moving fast compared to what Bitcoin can do.

Put some money on altcoins can make you much worthy more than bitcoin but make investment on the right coin does make a difference. All coins follow bitcoin, if bitcoin drops to a large portion, every one of them drop. But, some cases there are lots of potential altcoins do outperform.
I believe that OP is already aware of those,because he is one good prediction provider and the graphs He provides are indeed reliable/
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Put some money on altcoins can make you much worthy more than bitcoin but make investment on the right coin does make a difference. All coins follow bitcoin, if bitcoin drops to a large portion, every one of them drop. But, some cases there are lots of potential altcoins do outperform.
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If that is your preference and you're better with the altcoins market, you can stay on it and be more productive. There's just these investors and traders who are confident with their alts holding.
While us, we like to allocate more with bitcoin as we're all believing the future of bitcoin and we're more for holding than trading. Although, I have also alts to be specifically included in my portfolio.
Already Bitcoin has proven its potential with its growth to the world. When it comes to altcoins, the success has been recorded with limited number of altcoins among the 6500+ available ones. Every cryptocurrency user should have an altcoin holding, but there needs to be a clear learning about the altcoin added to the portfolio. Altcoins provide bigger profit than bitcoin, for the same one needs to be lucky and knowledge to select the right altcoin.
hero member
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If that is your preference and you're better with the altcoins market, you can stay on it and be more productive. There's just these investors and traders who are confident with their alts holding.
While us, we like to allocate more with bitcoin as we're all believing the future of bitcoin and we're more for holding than trading. Although, I have also alts to be specifically included in my portfolio.
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no, I only focus on a few altcoins that really have the best potential, not all of the altcoins I made a choice.
yes because the potential for altcoins that have the potential if they experience a pump will fly high like bitcoin, with low prices but the potential price will soar. doesn't that make people feel excited about owning altcoins
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@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.

focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
legendary
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This is new, I usually see a Bitcoin Technical Analysis from you, good thing you've touch altcoins already.
Well, I like altcoins as well, but I am not trading them short term, I am just a kind of hold and sell person when it comes to treating my altcoins.

But since altcoins is a big market, I'd appreciate if you could share some specific altcoins that could possibly have a bullish trend in short term.
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Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.

Investing in both, bitcoin and altcoin will give you good results if you know how to handle your trading skills. When it comes to altcoin, this will be a difficult one as there are so many alts to choose from. You need to choose wisely when it comes to alts because most of them are only short-lived so in my opinion, better stick to established alts with promising developments on the way. At least you can never go wrong that they will still be in the market even after few months of holding.
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It has mainly been alternating between bitcoin and and altcoins. If BTC is pumping, alts suffer, but if alts are slumping, reverse will be the case of Bitcoin.So, these should be one of the parameters used is making decisions sometimes, although, not enough.
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Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.
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Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.


Their will be two types of traders. One will purely focus on bitcoin. The mindset of such people will like should not lose their money at any point. Because the price of bitcoin always make some little pump at all stage. Second will focus on the major and reputation altcoin. Like Ethereum, Litecoin, Ripple. Many of Ethereum holding traders had gained huge on this Eth pump.
legendary
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Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
The market off altcoins has been presenting significant growth over the past weeks and while bitcoin has grown as well it has lost several points when it comes to its dominance so it is clear that the current growth in the market is altcoin driven, so you are not wrong when you say that you are putting more attention to altcoins than bitcoin, just remember that the market moves in cycles and just as altcoins can outperform bitcoin there are very long cycles in which bitcoin is the one that outperforms altcoins.
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many are more focused on altcoins than bitcoin the reason is because the price of bitcoin is too high and it's hard to get 100% profit, It's different from altcoins, many altcoins have the potential to increase up to many times if have good prospects
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Any reason why you are focusing into "Altcoin" instance "Bitcoin" when waiting bitcoin moving on the next target.

So far I know, when bitcoin has some movement going to the next rally or down movement, the altcoin market will be going disaster and red blood market. That's why holding altcoin when bitcoin doing a rally was really not a good option. Most of us will enter on altcoin when after bitcoin reached the next target with sideways situation maybe around a few weeks or more than a month. If the market bitcoin still really sideways, that's could be make some time altcoin gained to adjustable their price because the rally of bitcoin when makes their price down.
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Bitcoin has gone up in a few months, and the dominance of bitcoin has also gone up high,
and it's time for altcoins to show that altcoin is a worthy investment, altcoin season is coming, don't miss it.
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What altcoins do you usually trade?

Because I do both, bitcoin trading and altcoin trading, too. If you have  better results and gains in altcoin trading, then it is good for you. Though we can't deny the fact that both btc and alts trading has a risks of market manipulation.

Some also said that altcoin charts is easier to predict and read than bitcoin. Perhaps, it can be. But for me, if we have the same way of reading it with a good tools, whether it can be bitcoin or altcoins then we can do better trades.
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Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
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