Bitcoin Forum

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.

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.

IMO it's too risky for you to liquidate your bitcoin to get into the altcoin. So many altcoins already reached their peak price and you are only taking a very big risk by converting your bitcoin to the altcoin. Why didn't you use a small amount to get some altcoins? this is far better than try to all in altcoins.
Altcoins are full of pump and dump and I think that you know this so well dude. Think again. You should never put your bitcoin at the risk. Bitcoin was not yet reaching its peak price.

Never liquidate everything, diversify.
Buy the top coins in steps and hold them patiently for a long time. No one is sure of what will happen, so the best strategy for alts is to have a small part of everything you can trust on. BTC, ETH, and USDT should be a high % in your total portfolio.

The BTC dominance right now is at 44.3%, which might come down to 40% before moving up.

BTC always gaining or recovering its dominance back once altcoin season is over and altcoin bearish come, the problem with altcoin as of today are how the investors are just temporarily there and don't have any intention to invest in most of altcoin for long except for the major altcoins or atleast those altcoins that have promising future.
As i observed many of the capital also flowing to BSC to fund those rather low quality projects where they could rugpull anytime and I honestly don't think they could be sustainable for long term.

We are talking about a lot of money moved from Bitcoin to altcoins. Dominance levels fell from 70% to bellow 50% and maybe will visit those lows of the beginning of 2018.
It could be signaling the end of the bull run too. It lasts for more than two years now, with the first year being very slow and an accumulation phase, but later especially after the halving everything started pumping.
It is also dangerous times for long term investments and I suggest to be more about short term and trading. Very high speculation levels and too much greed, fomo and hype.

In DEC 2017 BTC crashed hard (-70% in 2 months) when alt season started and every shitcoin was going up like crazy. Last week of alt season coins were doing 100-200% daily candles. Now BTC holds strong for 2 months. While alts are going to moon but not as fast (%) as it was in the end of alt season 2017. My guess is that its not the best idea to estimate future based on patters that repeated 0 times (huge BTC bubble together with massive amount of new coins from ICO happened 1 so far so n=0 - the number of repetitions). My guess is that this bubble is different than previous one. Fundamentals of this pump is different, global economic situation, reason to invest in BTC is different than it was in 2017 bubble (a different paradigm).

I'm happy that I sow this thread because it confirms my assumptions. And my assumptions are that this is middle cycle consolidation for BTC while we see alt season just to make people dump their BTC to chase massive ALT gains. Why is selling now? Those who chase ALTS, those whose plan was to reduce position at 50k range, those who are bored of long consolidation, those who doubt in cycle continuation. Who buys? For sure not lambo guys (those guys are chasing altcoins), for sure not tik-tkers and all crypo newbies (those are chasing dogecoin). Whats left? Institutions, big players.
I'm slowly reducing my alt bags filling BTC bag. When btc will break 60-70k it will jump to 90k instantly sucking all money from market. Alts will dump hard (at least compared to BTC)

I wouldn't do that. I'm still bullish for bitcoin and if ever the money is already flowing in altcoins, it will come again to btc. The dominance of btc is quite low compared a few months ago yet bitcoin is still at a higher price. The tendency of bitcoin coming back to its former dominance will happen again.
But if you're too quick and having the less patience right now and you want to get into alts and selling your bitcoin, that is your choice.

It would be better if you maintain your bitcoins, don't run to altcoins, but if you have more funds,
please look for the best altcoins, and don't reduce the bitcoins you already have.

keep your btc because there is a possibility btc still have more surprises to show, if you can then use a spare cash to buy few alts just incase the altseason kick into full swing, even though the price of btc is a bit steady for now anything can still happen.

If you are paying all attention to the altcoin then you will be regret. Diversify your attention on multiple choices, not stick just something single. Bitcoin dominance are decreasing, but if bitcoin rally starts alts will fall drastically. I am bullish on Bitcoin and i'm buying more. It's an ideal opportunity to expand your holding, not just throw your money into the shit. It's undeniable cash flowing out and flowing in however never get tricked that's how you can survive.

Altcoins are nothing without bitcoin. I believe there isn't altcoin seasons without bitcoin pushing crypto market up on the frontline. If bitcoin doesn't do well, altcoins won't show any positive results too. So bitcoin between 55,000$-60,000$ isn't a weakness signal, but a signal it is fighting to keep the price and make the corrections smooth as possible for investors, avoiding a deep bear market and preparing for a new ATH.
Once this happens, you can be sure altcoins will be fully benefited. Although it might be called altcoins' season, the real cause is bitcoin.

Op, if you want to assess whether altcoins are getting more attention than Bitcoin and where the money's flowing within the crypto market, I think you should look into BTC dominance charts. For instance, you can view it along with the dominance of major altcoins on Coingecko: https://www.coingecko.com/en/global_charts. As we can see there, Bitcoin's dominance is quite low these days, and it's actually lower that I expected it to fall tbh, but you can also see that it's largely Ethereum that's gaining this dominance, moving from 11% out of total crypto market capitalization to 16.5% in May. BCH also gained dominance considerably, and so did the altcoin market (top alts with separate charts for them excluded), going from 25% to 36% over the same period of time. I think the altcoin market is going pretty well, so diversifying holdings is probably a reasonable strategy for now.

Ethereum did manage to dominate Bitcoin in the second quarter of this year, but was unable to reduce its value so sharply, maybe this is just a slight correction that happened because history will not always repeat itself when Bitcoin peaked at the end of 2017 yesterday, then after that Altcoin was able to lead the market . but there are still many who think the peak of Bitcoin's increase does not stop here, there will be more increases that will occur when Bitcoin dominates the market again.

It's good that the price of bitcoin is right now kind of between (52k - 60k) instead of going crazy. As for altcoins, people are jumping into it for making some quick profit. It happens all the time. Most people are trading their bitcoin for altcoin (hence we are seeing the price of bitcoin jumping up and down) right now. Once this "trend" is over, everyone is going to take their profit by dumping their altcoins and then go back to bitcoin.
And no. Don't do it now. It's already too late (i guess? But you never know). Look at the price now. Don't liquidate your bitcoin and join altcoins. You might regret.

In general, we can say that a lot of capital has been poured into altcoins lately. Bitcoin's price dominance fell to its current 44.7 percent, while ethereum's dominance rose to 17 percent. So far, bitcoin has entrenched itself in the price range from $ 50,000 to $ 60,000, and experts note that investors are not very eager to invest their money in it at such a high price value. To overcome the next price barriers for bitcoin, most likely, it will take a little longer for consolidation. It should still grow before the summer and especially in the fall. At the same time, we expect the altcoin season to continue, however, it is very difficult to predict the price growth of this market segment.

I wouldn't say that the idea is bad op, but just remember to leave some after you take profits and invest into altcoins. Then, if ever you get to have profits also from these altcoins that you wanna invest into, try to get a fraction of it also to buy back bitcoin and other reputable coins like ethereum and so on. At least that's what I do. Still, it's your choice. If you get lucky and gain profits, then good. If not, then at keast you learned something from that experience. Just make sure to never forget having allocation for emergency funds for unprecedented scenarios that may happen. Good luck op.

BTC has not peaked by any means. Its rise has been mild so far and it should go near $100K at least. Alts outperforming BTC is a great sign for the best phase of the crypto bull market.

At present many of them I know are more interested in altcoins and looking to accumulate as much a possible. Some getting converted their btc to altcoins, might be just want to catch the trained as seems to be season and altcoins rising very quickly so making some quick profits and may convert back again to btc later on.

Isn't it normal? During 2017 it happened as well, when the price of bitcoin failed to go over 20k people saw that making 2x or 3x or even 5x profit (and sometimes even higher) on bitcoin is not easy, it would take a lot of money and a very hard work and tons of good news with bunch of companies going in etc etc, so it is a hard one to make it go up.

But, if you want the same on some other coin, all you have to do is shill the same coin over and over again and you will end up with something that is as much as 10x because low marketcap coins could go up very easily, just one guy buying 100k worth could make it go up 2x very easily for example for most low cap ones. That is the obvious reason why bitcoin is not going up too much while alts are skyrocketing, because it requires a lot less money to take them higher and people prefer the easier method to profit.

A tough question indeed but looking at Bitcoin, it has grown quite a lot and many people who missed that opportunity of acquiring more Bitcoin will go for it through altcoins hence the reason more money is moving out of Bitcoin into altcoins and the more the Bitcoin dominance drops, the more altcoins grows further leading to altcoin season.
In addition, in the aspect of Bitcoin growth, I believe there is still more room for growth because it looks like institutional investors are not done with it, as they keeps buying. However, if I am to suggest, if you have the means to enter altcoins without selling much of Bitcoin then you can give it a shot, go for potential altcoins get the profit and buy back more Bitcoin.

There is a similar pattern to this. The same thing happened in 2018, when Bitcoin got to it all time high then, it consolidated for a while when altcoins were busy mooning. Then after that there was a big dip in the market. I just hope this one is different

liquidity of all BTC is the wrong decision in my opinion, because BTC is the number 1 coin and will not lose even if the dump. btc  will still be expensive,
so just keep on Bitcoin, and buy altcoins with other free funds and choose altcoins that have good potential like the current BNB

Well btc has reached its peak some strategy may be to move the load to new opportunities that are on the rise. Doge has done its tremendous rise this past months. Thanks to Elon Musk for promoting. But chances are BNB and Ethereum would most benefit the situation.

What I think at this point is that it will a risky move on your part if you are going to convert your Bitcoins and use it to buy alts. The reason why I said that is because if you are going to do it now, come think of it, all of the alts for the past few weeks have already reached their peak and are now either on a plateau or going on a spiral down. You can try if you are confident that the altcoin is sure to go up. But anyway it is your money so all of us are just giving tips and it is up to you to decide really.

Cash flows from Bitcoin flow into altcoins and then either withdraw from the market or flow back to Bitcoin again. We are in a familiar market scenario.
With the market currently in the bull run, altcoins will continue to rise in price. In the complete situation where the market is at full increase, be careful before entering the order. Best to withdraw all your money out of the market and observe the next action. We can have less profit so that losses happen when we can anticipate them.

There's always a room for Bitcoin to grow even in that year.
It's not actually an altcoin season way back 2017 but Bitcoin and Ethereum. All altcoins are getting the rally up because of the two main coins pumping for ATH until it ended 2018 and slowed down.

If you are looking for profits then decide fast because this sudden boost with altcoins could end quickly.
Ethereum and BNB are growing too fast and I think that's the best option out there if not NFT's. But bro, they are really getting expensive.

Altcoins are on the rise because bitcoin is still at an all-time high and the rise in altcoins is just adjusting to the already too high price of bitcoin, and I believe that if the price of bitcoin goes down, the price of altcoin will drop even drastically and vice versa.
and in the end the two will go hand in hand, and another reason why most people tend to switch to altcoins is because the price of bitcoin is too high.
and my choice is still holding bitcoin because in my opinion there is still upside potential to reach the highest price.

Cash is not flowing from Bitcoin to altcoins. The current altcoin rally is fueled by new investors, who are preferring alts such as Ethereum, Doge and BNB for higher returns. Very few of the Bitcoin investors are selling their coins and shifting to alts. I have seen this pattern in Q4 2017 as well. Back then a lot of shitcoins went over the roof, because of huge inflows from noobs. And the same thing is happening now. Dogecoin is on its way to $100 billion market cap, while XRP has already crossed the $50 billion level.

Bitcoin is consolidating between 50-60K for last few weeks and i am sure it will move much further up. There is no point to believe that 64K was the peak of the bull market. The altcoins are giving good returns currently but they will dump hard as soon as bitcoin again crosses its All time high.

I like your words, there's always enough free space for Bitcoin price to grow... and this year is in the first half, we have another half, and we all know what can happen in crypto in just a few weeks, and we have 7 more months!
Now it's the time for collecting profit, everything is a lot higher than a few months back! Holding is always a good option, but moving some funds from one investment to another can be good from time to time! I guess all that depends on the investor and his goals!
I don't know what is the smart thing to do now, but having some good coins on holding for the long run is a must... in the same time using profits from this rise and trying out some new opportunities is also fine, who doesn't try can't do a lot!

Some stocks crashed and real estate is doing very bad and also Gold is not showing any growth at the international market so we should calculate all these things as well not just the bitcoins alone then we can get the insights of how much the crypto market's cap increased in the past months instead of calculating the price changes between the coins.

I don't think it will be the same as 2017. When I first got in 2017 it was just temporary hype, like coin ponzi, a ponzi site that fooled the public a lot. Bitcoin is now entered by Tesla. I think the data is dominant, the length of the market is bulish, and the altcoin season will be different in 2017. At the moment there are no exact predictions in my opinion.

it is true that this is happening. but you will miss out when bitcoin grows. its just nature. theres always coming back to bitcoin.. if a bear market comes just hold bitcoin. and trade it a few times . alt coins will be harder to hold during bear markets. bitcoin is the standard if your not comfortable trading alt coins during bear markets..

I'm sure they feel that bitcoin is already very expensive nowadays, the right choice to look for profit in altcoins. Because the altseason is about to begin. I don't know when, some predictions still don't have an accurate way to go about the alt season. But I'm sure it will definitely happen. It's a good time when bitcoin is high and coins are down to become a collection of coins.

From the perspective of someone who is new to Bitcoin, it might feel like there is a lot more risk with it and a much lower upside potential (a 10% move from $50k to $55k takes billons, for Dogecoin a move from $0.05 to $0.20 may take the same amount but you'd quadruple your money). This might be a self limiting factor, although every piece of news of a new financial company getting involved will continue to push up prices, there are a lot of rich people out there with nothing better to do than drop money into diversified and rare assets like BTC. However the average low level investor would do much better to hunt out and put money into whatever coin is currently on an upward trend, you really have to be quick in this market - as we've seen with Dogecoin there can be huge upward trends followed by sharp corrections. Get in, take a nice profit and get out - remember to separate out some profits for the next trade though, so you don't lose it all if the market sentiment turns.

If bitcoin hit its peak, altcoins would be dumped by now. Fortunately, money just simply move out from bitcoin to altcoins. Moreover, the total marketcap of cryptocurrency has reached a new record so it means people are investing in altcoins a lot

Bitcoin has chances to increase more. However, focusing all of your portfolio in bitcoin is not a good idea cause it has increased more than 14 times since 2020. Investing in altcoins are proven to give you more profit in a short time. Therefore,  why dont you split your current funds into half and invest the first half for altcoins? You will not regret this decision

]When it comes to Bitcoin investment, I would not advise liquidating your Bitcoin assets but rather invest different funds in Alts if you do have the means even though some will argue that you should be able to take advantage of the one that is pumping at a moment. Selling Bitcoin for Alts when Alts starts to really pump and selling Alts for stable-coins and buy Bitcoin again when it has dipped. 

If I remember exactly, bitcoin markets are not into sideways movement for last two months but probably more than three weeks. It is just part of bitcoin markets, because we have seen similar kind of market situations along with past bitcoin's bull rally as well hence nothing to worry about.

At the same time when bitcoin market is trading stagnant, it is highly expected for altcoins markets to start their bull run; exactly same thing happened on this year as well. So, I'm not seeing like bitcoin has reached its peak levels already; there are a lot of chances for new ATH happens at any time soon. They money which had gone out of bitcoin markets, will definitely come back when bitcoin markets enter again into bullish mode.

I don't think that it is a good idea don't liquidate your Bitcoin for alt-coin,
It is better to have another investment for it or manage your folio properly pick up the alts that you want while having BTC on it.
Remember don't put all your eggs in one basket.
I always keep my folio with 3-5 alt-coin but I think others have more crypto on their folio the more the better I guess but for me I only pick what I think would be great in the long run.

@Op: I think it is dangerous to switch entirely to altcoins.

It is better to diversify and keep some of your funds in btc, imo.
Many (too many?) People expect a crazy boom in alts, but ... we know that the market likes to surprise us. Hence the interest of never being 'allin' ...  ;)

I wouldn't say that the idea is bad op, but just remember to leave some after you take profits and invest into altcoins. Then, if ever you get to have profits also from these altcoins that you wanna invest into, try to get a fraction of it also to buy back bitcoin and other reputable coins like ethereum and so on. At least that's what I do. Still, it's your choice. If you get lucky and gain profits, then good. If not, then at keast you learned something from that experience. Just make sure to never forget having allocation for emergency funds for unprecedented scenarios that may happen. Good luck op.

Bitcoin transaction is becoming too expensive to the extent that investors are leaving the Bitcoin blockchain network, altcoin fees are low and as such, theborice of all of them are low and so investors can acquire large quantity of coin, recently, the old altcoin like eos, storg, verasity, and so many altcoin gets to their new ATH  this nee week.

I will suggest you to Do your own research. This is not the end of BTC's pump. Still Many new institutions are entering in BTC. So there is a space for more pump. But alt hasn't pumped like BTC. So my suggestion will be keep 50% of your fund in BTC and buy top Alt with rest 50%. In this way you can catch the pump from both side.

Bitcoin is like the fundamentals in crypto. although altcoins may be able to generate better profits, you still have to be selective in choosing altcoin investments. maybe you can let your investment in bitcoin, and look for other sources of investment to invest in altcoin, try to do in-depth research so you can avoid losses

If you have already invested in bitcoin, I advice you continue to stay with bitcoin, do not liquidate your bitcoin to invest or chase after altcoin pumps, it's very risky, you might end up regretting your actions, bitcoin has been predicted to reach atleast 100k$ before this year ending so better to held them tight, bitcoin can trade sideways for months but when ever it wakes up, it moves and the moves are highly noticeable and also brings lots of profit, so if I were you, I will remain where I am and don't try to chase after altcoin pumps, you might end up buying a coin at its all time high and loose your money when it comes down or consolidates.

Although the market is already overheated, but it still has the potential for growth. Bitcoin has been accumulating its positions in the region of 50-60k $ lately. I think that soon after there will be a break in this lull. If we reach the level of 65-70k $, we can safely speak about the preservation of the trend and the continuation of the bull run.

A lot of people here in the forum believed that Bitcoin is really good for the long term holdings and this was already proven and tested in my own
opinion, But if you have a doubt now into bitcoin, I think you can chase now into altcoins as long as you will choose among top altcoins that has really a potentials to in the future where you can get a lot of savings of course.

I wouldn't recommend you to sell your Bitcoins and get some altcoins instead. Keeping Bitcoin for a long term is really important and much more profitable. For now, altcoin season is still going on. But I'm sure that you will be in much more profit with Bitcoin compared to altcoins as long as you wait patiently. If I were you, I would keep my BTCs and buy some ETH.  ;D

There is nothing wrong with selling a bit and moving the funds to another coin. This is what I have done.

You have seen how Bitcoin gives you long-term benefits, if I had BTC at the moment, then I would trade and take the profits by buying altcoins and then buying Bitcoin for me to keep.
I still remember when Bitcoin was below $10k in 2018, back then there were many people who sold Bitcoin without thinking they would regret it when the price went up. Altcoins are great for investing, but make sure you choose altcoins that have good fundamentals for the long term.

Bitcoin is the best crypto to keep for the long term but it's obvious that some altcoins would give better ROI than BTC over the years. So it's advisable that you have some extra cash to invest in good altcoins with long term perspectives.

Altcoins are a dangerous story that can allow you to earn much more than investing in bitcoin, but also lose much more in the event of a change in the current trend from an increase to a decrease. Due to the current growth of altcoins, you need to look at the market with some caution, because the market is overheated, especially for dogecoins, and any bad news can correct the bitcoin exchange rate and, accordingly, lead to a collapse in the price of altcoins. Traditional investors have more confidence in bitcoin and therefore it is worth keeping some of the investment in bitcoin.

Nobody knows when Bitcoin will leave its support and resistance corridor. As long as we move in the 52-62k range per coin, most of the top altcoins will show good growth. But the market is overheated and when the reversal begins, altcoins will fall in price much more rapidly and significantly.

Storing your bitcoins at this time is the best choice in my opinion, rather than turning to Altcoins but if you have a lot of funds to invest you can choose ETH or BNB, but don't let you reduce the number of bitcoins you have.

I think its time for altcoins now. So now it would be wise to convert Bitcoin to Altcoin like ETH, BNB.  Bitcoin first settles within a certain range by pumping it alone. Now various altcoins are pumping.  Bitcoins may not pump more until major altcoins are pumped to a certain level.

I think we could see a reversal soon & a lot of profits gained in alts could flow back into bitcoin.
Bitcoin has been consolidating in a tight range for a whole now, it usually means a breakout will happen soon. Alts have been pumping a lot, could soon be a time where clever investors move money back to bitcoin.

After the altcoins catch up, it could be time for BTC again yet we are now seeing BTC pulled down. If both BTC and altcoins shoot to the moon later, we really cond see more users losing the chance for the ticket to ride.

Although we are seeing many altcoins had also experience bullrun, some are left stuck without moving. Investors today are getting wise not to buy just any coin all because they are old coins.

I think Bitcoin will achieve the $100k new all time high this year so think twice before moving to altcoins. But if you insist why not make a 50/50 partition? 50% for Bitcoin and another 50% for altcoin just a diversification.

If you choose a correct Altcoin, u can multiply your amount of Bitcoin ofcourse.
I suggest you take a look at EOS, the EOSBTC chart looks very nice especially if the weekly candle close above the trendline.

I don't think this has reached the highest point of bitcoin. moreover bitcoin the demand for bitcoin and altcoin continues to increase. So, if you want to liquidate your bitcoins now and switch to altcoins, it's back to yourself. However, considering the popularity of the current altcoins such as ETH and BNB, to get more profit, you can just transfer your funds to these two coins.

As a rule, the altcoin season provides a good opportunity to increase your number of bitcoins. While BTC is flat, the price of altcoins shows a large increase, calculated in the hundreds of percent. It remains to make the right choice and invest in such an altcoin, which in your opinion must necessarily increase in price. If you can't make the right choice, keep holding BTC.

Direct answer, chase altcoins until the fourth quarter. I don't have any Bitcoin on hold because Bitcoin season is almost over. Bitcoin will take dominance from the altcoins after this altcoins season. But you should also check the marketcap. Almost hits to 2.5T, which cap doesn't come out from Bitcoin dominance. Marketcap will help you to make a good decision.

Bitcoin dominance is constantly decreasing and BNB and ETH are gaining in price tremendously. I think altcoins will take investment for a while. Later, the small volume coins will disappear and Bitcoin dominance will increase again. I think at least two more months will go well for altcoins.

Don't speculate too much at this point because market conditions can change suddenly so that what you are predicting at this time is not necessarily possible and in line as you say, because the dominance of a coin is not only seen in terms of price movements.

Don't liquidate everything from Bitcoin. Bitcoin is starting to rebound already back to 60k slowly.
Giving a little bit to other altcoins could be good, but if I were you, I would still 100% stay in Bitcoin.

I don't know why I don't understand the other calculation about cryptocurrency. OP think, money is flowing out of Bitcoin but everyday coinmarketcap value is increasing, but Bitcoin price is almost stable coin at 55-57k USD. Actually, investors are gathering in the cryptocurrency. Now investors' choices are altcoins.

As some money flow out of Bitcoin to the altcoins, many more new entrants are pushing more money into Bitcoin investment. Although the dominance of Bitcoin in Cryptocurrency world is diminishing, but Bitcoin still remains the Cryptocurrency leader and determines what happens in term of the prices of others.

It is so hard to predict what will happen, But if BTC keeps staying between 52-62k, that means top altcoins will increase as expected. l think BTC will not stay at this price for a long time, maybe it will change in the near future. However if it happens, as you above mentioned some cryptocurrencies will decrease again.

Bitcoin dominance goes down after BTC hitting $60k price tag, the possibility of getting down is higher than increasing dominance percentage. Altcoins will fly to the moon like Dogecoin, but they need to draw the attention of many investors. The market likes competition and only strong altcoins will be able to hit ATH prices on the next bull market. There are no leaders, only profit matters for majority of investors at the end of the day.

That is why most people are diversifying their portfolio because there are obviously times where the market price of bitcoin is just sustained at a certain market price.

Having an investment into different altcoins that has different purpose is a good thing, there are some predictions that this could be the last bitcoin rally because at some point we could be entering the bear market.

History will repeat and investors are expecting the big drop for sure, so don't forget to take profit every time the altcoin you have is pumping so that you will have a stablecoin that you could used when the bear market comes.

I mean there is nothing wrong with bitcoin having the same dominance at 75k+ price for example. If all other coins go up with it, then bitcoin could go up, altcoins would go up, and the dominance would stay the same right? I do not know if that would be possible, it would mean that there is a ton of money in the crypto world at that moment, too much money, too much stablecoins, all of which goes into all of the market and that would be like billions of dollars very easily.

So I am not sure if it is possible, I am not sure if it is easy, all I know is it is not going to be something that we can see right now, maybe if there is a huge news coming out from somewhere we could see that but that's about it. Long story short its possible, but I feel like if bitcoin goes up, fiat price of alts will stay the same or even go up a bit while bitcoin price of them will go down.

We are not in altcoin season yet, its just moving to ethereum and doge and will be back to btc. Probably in Q3 and Q4 we will see another bullish on btc. Then after that we will see altcoin season and many big marketcap going parabolic.

Hold tight your bitcoin and don't be tempted to convert it to altcoins. Just use other money to trade altcoin and ensure to buy good ones and not Hypes that easily fade away.

Good advice. Many indicators show that we're about half way through this cycle, and it could go bigger.
Yes, it's been sideways lately, so keep your money in all 3, BTC, alts and stable

Always give bitcoin the highest percentage in your portfolio and the rest diversify it with your trusted altcoins. Bitcoin might make another dump in the days to come before it will reach another heights so be careful and more patient in your investment.

Altcoins are in its bullish season these days but you can never be sure if they will suddenly dump and lose your expected profits so never put bitcoin at its high risk. Just invest wisely.

BTC dominance is decreasing and altcoins rising. Its still healthy market but its causing BTC to resistance like a sell order is bulking and institution's buy orders are filled.

As long as you pick the altcoins thats going to the moon, youre good as sitting on a goldmine. And you could also ride the BTC up when you hold BTC at  the same time.

If I have to judge with Past years rally I'd say the bull cycle is nearing its end because altcoins are now in full action, whenever the bull season is almost over altcoins shows how badass they can become and then bear slowly take over but again there is huge demand for crypto coins today compares to past years, this is why I'm presently at a 50/50 doubt right now

When the shitcoin season ends all money will flow back into BTC, where they belong. Don't be tempted by fast huge gains because the risks are very high.

HODL because this year your gains in BTC will be huge! Hitting the $100K and beyond, the BTC holders are the smartest, to the Moon!

Yes, you are right. But because of bitcoin is trading stagnant in recent times, people are assuming like money flow is getting deviated from bitcoin into altcoins but if you're looking into bitcoin market movements on daily basis, you can find it is still having good price ranges along with good volume; what else we need to prove that bitcoin is having its own set of traders and investors who are all never looking for any other opportunities outside bitcoin markets.

I believe people will stop this kind of no-base arguments when bitcoin will be testing a new ATH. Because, people always look for a new ATH when bitcoin market is into bullish mode. In some sense I guess we cannot blame such people.

By buying altcoins with BTC, you can increase the amount of bitcoin in your wallet. I believe that I have very successfully exchanged my BTC for ETH, and now if I sell ethereum, I will get almost 3 times more BTC than it was before. But it is still too early to do this, while the altcoin season continues.

It doesn't work every time and there is always a risk involved of losing BTCs.

I'm a BTC HODLer for 9 years so in the long run my earnings are better anyway.

No headaches for me, I prefer to be relaxed instead and keep the green monster named greed away.

BTC will go to $1xx,xxx sooner or later and that will probably be enough for my needs.

Which top altcoins price are still cheap or didn't break the last ATH? You don't find single altcoins. I think now we're on the top of altcoins season. As you predict, maybe after Q3 or Q4 we will see all of the altcoins season. Low volume or new altcoins season could start after the third quarter as my prediction.

Last year, Bitcoin was trading below $10k for a long period of last year until we reached September when the price moved to $30k and then $60k. The price can't go up forever without establishing new floor for the next run. One thing I have learnt in this space is never to bet against BTC, do so at your own peril

Honestly that is the reason why people are moving to altcoins and selling their bitcoins as well, most people at least. The reality is that bitcoin will not go 10x again, that is not possible from here, that would be over half a million dollars per bitcoin and let's be honest we are not going to reach that anytime soon, I am not saying that bitcoin won't go up, who knows maybe it will be 100k, or even 200k, that would be super high increase, but we all know that during the same period there are altcoins that could increase 10x even higher so that is why people prefer that instead.

It is going to take some time for people to realize the steadier big increase is always in bitcoin and altcoins go up and down a lot more volatile and it is risky, but since we are in a bull market everyone prefers that super high quick profit over what bitcoin can provide.

If the sell off for Bitcoin was as big as it is discussed here doubt it be sitting in the stable price range where it is now. If it plunged 1/5th ok then we can discuss a sell off, but right now the storm just calmed down a little and investors do their analysis in order to make the right calls during the next weeks and months.

When a coin goes hyperbolic it is only comprehensible that everyone calms down and reassess former thoughts and observations. It doesn't promptly go hand in hand with a sell off.

This is the first time in a long while that we will see BTC dominance drop below 50% and that can be attributed to the bullish market and the opportunities that people see exist in altcoins, however a lot of the altcoins doing big returns on investment right now will equally dump harder when the bear market starts so it is wise to keep a good amount of BTC as a part of your portfolio
That way you will have a stronger cryptocurrency that is always going to bounce back from any dips in price

Seeing that bitcoin price goes sideways and more money flowing in altcoins is an indicator that we are really in the altcoin season. Also, another factor for us to say that we are in the alt season is the bitcoin dominance which dropped already in less than 50%.

That could be true. BTC is almost dormant for awhile even when there are many news regarding banks and celebrities having red laser eyes these days.
We now can see a significant rise of altcoins doubling their price since last month. YFI is the most profitable today as it reaches up to $88k. There are coins getting nuts however because I don't see any reason why some shitcoins are also appearing like there are traders investing in it.

It's been a long time since Bitcoin dominated below 50 percent and today almost 42 percent. Bitcoin will definitely dominate for a short time in the future. As OP mentioned, Bitcoin price is fixed at 55k-59k USD when the coinmarketcap is continuously breaking the last ATH. Today 2.57 trillion was the highest record. One thing is clear that money doesn't flow out of Bitcoin.

And that should be anticipated by those investors who are now risking their money inside alts market,

If you have that skills and knowledge to properly analyze the situations you can simply adjust from Bitcoin to alts then switch back
when you already rinse and satisfied with your profits, never to get greedy and be stuck after, Crypto always have twist and surprises
better to play safe to lessen your chances of getting caught in between.

for traders, it's normal to switch coins to make a profit, if you won't do that it might result in losses since cryptocurrency is volatile, if you will just stay to a single coin for the rest of the bull run that might be a good idea because you might not get any profit at all, which means at the end of the season, your holdings is smaller than before since you never explore any coins with probability to go up.

In my district, bitcoin is still the best. You should keep bitcoin, it will increase the price continues. Try to set up capital to invest altcoins instead of selling off bitcoins
You know, bitcoin is still the king of the word market and no currency has been able to replace it yet. Altcoins can give you quick profits, but bitcoin is long-term.

It is a normal scenario mate when whales of all kinds are wanting to bag funds , they will try to manipulate some altcoins to lure small investors and when they got enough value then they will dump so be careful on what you are entering inc rypto.
If you know how the market moves. then that's what you'll do. Holding will prevent manipulator wo make a big action because there is no panicking that will happen and the market will be shaken a little only.

Ethereum is capturing much of bitcoin cap!  And I have seen altcoin that have 1000x from last year!  However,  I still believe bitcoin might hit 100k by the end of the  year.  The way money is flowing out to is the same way it will flow back to btc but this time with more!

Yes, it was but sometimes people never think about it instead they'll become more practical in a way that investing in altcoins will multifold their money for many times far from what they could get from Bitcoin. Kinda crazy right? But as a natural person, that is what we are absolutely be thinking of. We can't ignore this possibility that people are jumping off from Bitcoin and finding their bigger chance on the altcoins. But sooner or later, they be going back to Bitcoin.

I think there is more room for this year, it's still in the middle of Q2 and usually btc will go up in Q3 or Q4 every year, so just be patient and wait for it to continue but you can also close your btc for now and switch to altcoins, it all depends your decision, people will only give their opinion.

As the altcoin season is finally here, it's expected that money will flow to altcoins but it will not live bitcoin worthless, bitcoin is still a coin to watch. The hype is so high at the moment, so FOMO is happening and whatever coin is hype, people follow it.

just like the old days, after this altcoins season, investors will slowly go back to bitcoin as it's the most stable coin in the market and the dominant rate of bitcoin will again rise to 50% to 60%.

as of this writing, the BTC dominance rate is only 42%

Bitcoin is trying to refine and solidify its value, so we very often see uniform declines and increases from bitcoin, each time with such maneuvers, resistance and recovery points will become more rigid to limit the price of bitcoin from falling too suddenly. One definite result is that this energy dissipation will shift the leaked energies to altcoins, too many old altcoins have gradually returned to their worth but this is only a small part of bitcoin's cash flow, it is growing altcoins this way and waiting for a new season, the results of altcoin will shift entirely to bitcoin to improve dominance again.

Bitcoin is the safest haven, so just hold your bitcoin but investing in some altcoins are also a good thing, just don't do what you are planning to do, maybe if you have earned money in the next day then use it for investing in another altcoin, the best altcoin, for now, to invest for me is still Doge, XRP, BNB and Shiba. I am now currently holding some little amount of money for those altcoins, I am planning to cash it out before the year ends, but I am still sending funds in it whenever I earn some money in my extra job.

For me this is not the right time to switch from bitcoin to altcoin,
even so people's decisions are also different and we shouldn't just make decisions,
Of course, in making decisions, of course you need market analysis and others and I think that is important

Altcoins previously arrived at their pinnacle cost and you are just facing a major challenge by changing over your bitcoin to the altcoin. As I noticed large numbers of the capital additionally streaming to BSC to subsidize those somewhat inferior quality undertakings where they could floor covering pull whenever and I genuinely don't figure they could be supportable for long haul. It goes on for over two years now, with the main year being moderate and a gathering stage, however later particularly after the splitting everything began siphoning.

Using bitcoin hodl, you have increased the value of your capital in dollars, but the number of coins you have remained the same. My strategy is different from yours, I transferred my BTC to ethereum and thus increased the number of BTC coins on my balance by 3 times. Yes, it's risky, but the result is worth it.

At first only bitcoin was pumped.  As a result, the focus of all investors was on Bitcoin. Now Altcoin is being pumped. So now people are investing in Altcoin in the hope of more profit. Maybe after the price of Altcoin reaches a certain level, Bitcoin will be pumping again.

We have seen a dramatic loss of dominance of Bitcoin in last few weeks. That suggests that the people tend to invest more on high-yield alt-cons as the investors started to believe on the arrival of alt-season in the near future. As a result, more money will flow out of BTC into altcoins.

The opposite might happening right now, not the alt season that favors the investors but the season where bear

are now taking the market away from the bull, it's a huge fall now from those top alts that acquired good run

after bitcoin hypes up and bring the market to a much better position, still in the hands of strong investors to

keep things up accordingly.

One thing is now clear for sure that there is a huge fear on the market, and now bulls and bears are fighting among themselves. And no one can know for sure which concept will win - the market can go in any direction with a 50/50 probability ...

We have long predicted that when bitcoin stops in price growth for a while, capital will flow into altcoins. We see this already now and this is absolutely normal. The cryptocurrency market develops cyclically and this is one of the stages of such a cycle. At the same time, these cycles are not just repeating, at the same time there is a spiral development, so the ratio between bitcoin and altcoins can and will change. In any case, it will be for the benefit of the cryptocurrency market.

Bitcoin is the best crypto to keep for the long term but it's obvious that some altcoins would give better ROI than BTC over the years. So it's advisable that you have some extra cash to invest in good altcoins with long term perspectives.

Bitcoin is the best crypto to keep for the long term but it's obvious that some altcoins would give better ROI than BTC over the years. So it's advisable that you have some extra cash to invest in good altcoins with long term perspectives.

It is a known fact that the dominance of Bitcoin has been reduced drastically in last few weeks. Hence, the focus and the edge have been shifted towards the alt-coins. But with the recent news related to the decisions taken by a prominent car manufacturer and some sort of investigations against a well-known exchange, have created uncertainty among the community. But no-one can predict exactly on market movements whhich may take place in next few days.

I don't think that what is happening now is the end of bitcoin, there will be a time when this continuous correction is a natural thing in my opinion and this is not the end of bitcoin, but this is just my opinion I don't know if others consider it the end or no.
for advice to you you should keep your assets in both in the sense of altcoin you keep in bitcoin even if you have assets that you manage I am sure this will be better for your future.
because this is your chance in storing your treasure so that you will be calmer in the future

If, indeed, the cycles of bitcoin and altcoins tend to repeat themselves, then we are in a situation in September 2017 or January 2018. I think the situation will clear up in 1-2 weeks. But I am more inclined towards the first variant of correction and continued growth.

With the money flowing out of Bitcoin, that means Bitcoin dominance is reducing. Considering what happened in the last altcoins season. I think we are about to have another altcoins season too, because the money flowing out of Bitcoin would be invested in altcoins.

I say it is time to sell your btc, but not for buying altcoin, just selling and keeping the money. As Bitcoin's share of the market continues to decline, now below 40 percent, it is a sigal that Bull is over.

Bull run is not over yet and bitcoin will recover very soon as it is time for increase in dominance.

https://i.imgur.com/Da7n3rn.png
https://www.tradingview.com/chart/BTC.D/RGQU7X28-ALTCOINS-still-have-a-room-but-take-care/

I think everyone agrees that traders swing bitcoin to altcoins often if they knew there will be a profitable coin in altcoins because at the end of the day traders need to profit, and if they knew there is a possibility that bitcoin will rally they will put everything in bitcoin, its just business for traders, to be able to earn, because, if you will just put your money on something that is not moving, there will be no profit, and its a big gamble for them if the coin they choose goes down its a loss.

I think the wisest idea is to diversify your investment in both but prioritize bitcoin more because there is a high possibility that it would reach more ATHs. For altcoin, the altcoin season was considered to have began right before we noticed it so there's nothing wrong if you are going to keep investing in altcoins. Bitcoin has faced a new issue andnl its price was hardly affected ever since Elon Musk dumped bitcoin from Tesla. I believe there's more to come for bitcoin regardless of the issue so keep on investing on it no matter what.

I don't know if the ordinary traders are really the traders who stop the trends or if it is the large investors who begin to stop a trend for Bitcoin and make adjustments to their portfolio into alt coins.

That is very clear and I also do not understand why selling when the price goes down,
after all it was an improper decision given such conditions,
if the price drops we need to hold it back and be patient

So far, it is difficult to say what will happen next, because at the moment there is a correction of the cryptocurrency market and the price of bitcoin and the price of altcoins are falling, so we need to wait a while and then it will already be seen and then it will be possible to act, and so generally the growth of the cryptocurrency market has been going on for a long time and a long correction may have begun, but since it is still not clear we need to closely monitor the cryptocurrency market in order to roughly understand what will happen next.

You are right and since we understand that these things happen and have happened before and even after that, Bitcoin was able to rally back up to a new ATH, then this is just another one of such hurdles that Bitcoin crosses every once in a while. China have always made such pronouncements since back in 2017 and Bitcoin still hodls and will again.

Well it's hard to tell to make a huge profit by converting your BTC into Altcoins, because we all know that bitcoin still has it edge over altcoin but then we cannot also under estimate the potential of any altcoin to make great, given a chance they can too. why not keep them together if you have both, hodl and then see and wait for the coming days and years who make the profit the most then trade it or sell it that way you're safe and your profit is secure.

it is true, before entering the alt season, bitcoin must go down first, taking a break from domination in crypto. If bitcoin doesn't go down it will be difficult to realize the alt season because of its strong dominance, it will have to go down and stay at its lowest point for some time.

What I saw is that when bitcoin go down, altcoins will also go down, that's what we called market panic where every altcoins are affected by the bad performance of bitcoin. Just recently, bitcoin dump at $30k, did you see what happened to the altcoins market, they also dump, and bigger dump compared to bitcoin.

What made altcoins bullish is when bitcoin is stable and it's not so volatile.

Let's observe the market now, bitcoin seem to be recovering let's see if altcoins will follow.
BTW, after the dump, BTC dominance has increased to 43%.

I believe that this year the growth of BTC is due to the fact that 2021 is the last year in the next cycle of the crypto market development. From this it turns out that 2021 should be similar to 2017, which means that the main growth for BTC and other cryptocurrencies will be at the end of the year. This is to deprive all of the assumption and certainly no one can know anything 100%, therefore all the actions that you take are in one way or another risk.

Exactly, no one knows even Elon when bitcoin will rise or fall, whales who manipulate the market would likely know but if people will not follow, they might still fail. It needs coordinated manipulation in order to succeed on a large scale.

It's also good to invest in altcoins, they grow together with bitcoin, and as you said they follow.

just like BNB and ETH, they are more profitable than bitcoin in terms of growth this bull season I believe.

Yes, I think China really have intension to release statements like that yearly in order for dump the price of BTC then rich people able to buy again at the dip. I think the dump event is finished and now we must embrace the next step toward the last pace of altcoin season before we have back again to bear market. I still believe altcoin season will continue until early next year. Not all dump are bad, in fact it's a great opportunity for us to buy again and wait for another all time highs.

yes, there are different overview about  this strategy. It will beneficial to people who have enough spare

and capable to buy and hold, while those people  who are here for short-term trades, they can't continue working

in this types of scenarios, they are aiming for daily profits so it will be very risky to continue.

Right now a lot of money is leaving the crypto market. It is not going from Bitcoin into alt coins. The market shrieked a lot over the last couple of days and I believe it will take quite some time to recover. Everyone seems to be more careful now. Th enthusiasm of the last months is gonna for now.

That's because some of those who came out experienced bad situations in 2018 when bitcoin fell too deep and made people expect that it had to endure too long until the current situation ended. everything has been a lesson, and many of us will not repeat the situation that has occurred.
either exiting the market or switching to altcoins, currently, the situation is clearly panicking many people to secure their money.

Let's see how the situation will develop further, but so far there is little optimism in the market. Such an incredible panic sale of bitcoin cannot be quickly restored, it takes time. But the situation is definitely not 2018, then there was no such huge stablecoin market, so there will not be the same overflow to the viola.

For some people, the current dump is an opportunity to make purchases in order to increase their investment assets.  but for day traders, the Dump that occurs cannot provide them with a profit, therefore many day traders switch to holding rather than trading every day.

The usual practice is that once bitcoin dominance reduces, altcoins prices will surge. The money flowing out of bitcoin will be entering into all the altcoins. But this bull market is different, after bitcoin dominance reduced, the price of both bitcoin and altcoins dumped. I don't know why this happened.

You think, money flowing out from bitcoin to altcoins then will return to bitcoin! Total marketcap history isn't the same as you think. Now a total of 1.10 trillion marketcap is gone, I don't know from where this money came and gone. Bitcoin was stuck for two months. Maybe Bitcoin could be here for a few months. Some investors took profit, some will take from the next cycle.

With the arrival of stablecoins on the market, the situation has changed dramatically compared to 2017. After the fall of bitcoin, altcoins continued to grow, because all the capital was transferred directly into them. And now, almost everything is against the dollar, so altcoins also fell very strongly.

There has not been in history the price of Alt rising without being started by Bitcoin. YFI tried to do this, but it did not hold up well. What does it mean? The biggest opportunity is in Bitcoin.

Bitcoin has been and remains the main engine of the crypto market. Everything is somehow connected with the news background around the main cryptocurrency and it is unlikely that something can change in the near future.

Yes, I would say so. There are two reasons. First reason is, bitcoin dominance. It's was decreased to around 48 percent. Second reason is that the investment growth. Parts say btc have 5x or 6x since couple of months. However, few actions have more than 50x. Even if we look at eth, it gave around 20x returns. Having said so, the bill train was due to btc only.

True, Bitcoin has remained to be the number one cryptocurrency even though it fell a big percent since start of May. Right now, people still prefer to buy Bitcoin, and from the looks of it Bitcoin might stay at the 38 to 40 price as its normal price now, compared to what the price was in 2020. But many are also speculating that Bitcoin might fall further into the 20,000 dollar range and in case that happens, I do hope that it will stay there and all of us will simply wait for another ATH.

There is still no Bitcoin reversal pattern to be seen. Important resistance levels remain unbreakable. There is practically no reaction to the positive news, with the exception of El Salvador. And the reaction to negative news is strong, so the price for 26-28k looks quite real.

I don't even know, it doesn't seem like altcoins would react positively.
Personally, many of my friends managed to pour their bitcoins and other currencies into stablecoins, and those who did not have time now are pouring from altcoins into bitcoin, but are not going to fix it.
Personally, it seems to me that the situation is now quite borderline, my forecast is that we will dive deeper.

Right now No!, there's no flowing of money from bitcoin to altcoin, everyone is shorting and taking a quick profits. Almost all coins are bleeding still, despite the thought that investors are just shifting funds, and so this is not the case. Perhaps they have the money right now, and just holding it and willing to re-invest if the market seems to be ok.

So far the miner news from China has still some effect on us, bitcoin's hash rate is going down and maybe some of the miners are selling their bitcoin themselves because at some point, they need the money to survived if they decided to shift business.

I don’t think that any altcoins apart from ETH can replace BTC. Talking about the current situation, people often want just fast incomes so they invest in altcoins that can increase by 100 times easily. And it is impossible for bitcoin because of its huge market cap now.

My opinion is that we should just hodl bitcoin as it can be profitable in the long-term.

I changed from Bitcoin to altcoin because I want to do short-term, but it is recommended that you always hold Bitcoin and don’t exchange Bitcoin for altcoins. You can invest in valuable altcoins. If you want to invest in altcoins with a relatively large range, Be sure to understand the trend of the coin and don’t lose money because of it.

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

the strategy that many investors do is like what you said.
but sometimes some prefer altcoins over bitcoin. the strongest adoption is still in bitcoin, but as more people are leaving bitcoin with profits and switching to altcoins I don't think that's entirely the case.
people who play in bitcoin definitely with big capital. after profit, they know there will be a correction that will affect the altcoins as well. it would be bad if they kept it in altcoins. the choice is stable coin adoption which increases as many investors profit from bitcoin.
I think the increasing adoption of altcoins is coming from something new, not because bitcoin investors are turning their money to altcoins.

those who are switching from bitcoin to alt coins are just diverting some investment, knowing that there's an opportunities

to grab som good amount of profits when market moves according to their target directions, and I agree that it's not a  permanent

they'll going to cash it back to Bitcoin when they see good movement from this crypto originator. Bitcoin investors are wise enough

to play along with this market.

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.

The high valuations of various altcoins are not justified by their userbase, volumes or acceptability. Bitcoin remains as the no.1 cryptocurrency in terms of these parameters, and the gap between Bitcoin and the other alts is just too huge. That means that the current valuation of various alts are inflated. Even for the most acceptable alts such as ETH and BNB, the acceptability and mainstream usage is just a fraction of what BTC currently commands. And for other alts such as XRP, DOGE and ADA, the parameters are too low even for a meaningful comparison.

we have to select which portofolio will get biggest allocation from total capital in our bag. Bitcoin or major coins should get biggest portion, personally i am prefer 25% in bitcoin and 75% left spreaded in major altcoin such as eth bnb sol and some in new project that i researched and deeply analized before. Holding altcoin actually give us bigger profits when its price pumped. we have additional value when in btc rate increase ,so we will have more btc if sell it and just waiting btc rate to dollar increase.

Liquidating or converting all of bitcoins into altcoins, that's not a wise thing to do. You're like throwing your money and do not have plans of getting them back.
A small part of your bitcoin to be sold for altcoins, I don't think it's also a good idea. It's better if you're going to have an allocated budget for it when you buy altcoins.

That is the thing in crypto. There is only one indicator, Bitcoin. As investors have earned chunks of money, half of it they tend to reinvest to upcoming crypto potentials. Thus increasing their portfolio on cryptocurrency.

this happens usually when bitcoin is experiencing a sideways, where currently slowly money goes into altcoins without aggressively moving the price of bitcoin, and it looks very rapid development of altcoins, they are also called altcoin season.

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.

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.

Today I made a post in the Altcoin Discussion thread with the question Will long-term investments in the crypto space provide any guarantee?
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 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.

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.

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.

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.

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.

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 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.

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.

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 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

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