Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
The problem for altcoin is when have a project.
People maybe buy it to see the project is really going.
But dev don't really build it, then the dev going to somewhere.
Throw that coin to dump, the coin be useless.
Investor is tired to get like that. Maybe go back to Bitcoin is a answer.