Bitcoin Forum

Bitcoin price has decline to about 94k today which cover about 4.5% decline rate and this dip has drastically result to a significant decline in the price of altcoins with a decline rate higher than that of Bitcoin. And this has made me wonder if the straight of altcoins rely on the straight of bitcoin because it seen that fall in Bitcoin price affect altcoins more than it's rise.

https://www.coingecko.com/en/coins/bitcoin

It's not a secret if I must say.
Others follow while Bitcoin moves
Altcoin wouldn't have a market without Bitcoin
So if Bitcoin catch a cold, they will have a fever with some getting cancer.
Yeah they need Bitcoin to survive, Bitcoin isn't just a first mover
It is the face of Cryptocurrency.

It's no longer news that Bitcoin is the sole determinant factor of the entire cryptocurrency market and whatever direction the Bitcoin market takes so will all other coins in the altcoins category take shape, and also note that the impact of the market is higher on altcoins much more than Bitcoin and that is why we all advocate for More Bitcoin holdings than altcoins, even though Bitcoin falls to around $94000 it won't take long to recover back to its previous all-time high price, the cryptocurrency market is a chain and Bitcoin is the major market propeller.

Altcoins are 100% scams designed to part you from your money. As the saying goes a fool and their money are soon parted.

Altcoins are similar to romance scams, phishing scams, tech support scams, etc. but using a lot of high tech buzzwords and hype to take scamming to the next level.
Which is why the scam and fraud industry is a multi-billion dollar business and growing every year.

Sadly it isn't difficult to take advantage of the average person, you just have to appeal to their human greed, ignorance and stupidity.

That has been like an open secret right from time, Bitcoin is the leading coin of all cryptocurrency, so whatever happens to bitcoin will trickle down to  the other coins. However in your analysis you said the decline percent is 4.5% for bitcoin which is not on the high side compared to those altcoins you talked about their decline percenage rate being higher. We understand that the market is volatile, which is natural, but why risk on investing on altcoins that you know that you are at a greater risk of loss if bitcoin just experience a little decline, some of those altcoin project are just looking for a little stumble in the market for them to use as excuse to end their project.

Bitcoin is the king of cryptocurrencies, we have to accept that when the price of Bitcoin goes up, the price of altcoin goes up and when the price of Bitcoin starts to go down, the price of altcoin goes down a lot. If the price of Bitcoin falls, it recovers quickly. But if the altcoin price falls then it becomes very difficult to recover. Bitcoin started to rise again, reaching around 99k. But you will find that altcoins will not recover easily. So if you want to invest, do it in a trusted currency like bitcoin, don't go to altcoins. Altcoins are very risky, if you lose it you won't get it back.

clearly and this is quite affecting the movement of all coins on the exchange. If you want to be safe and get back quickly, the only choice is to buy potential coins and of course what is widely recommended here is BTC. Indeed, we often hear that we only buy BTC but at times like this BTC is the first reference for the rise and fall of other coins.

Sadly that's true. And it is altcoin developers' fault as well as the users who only care about making money!

Innovation mostly died in the cryptocurrency world and over the past decade we've seen very little of it. Instead we've seen so many money grab projects that are created to be pumped and dumped, and people love them. Therefore that's what we mostly see in the altcoin market.
Basically every time I hear someone say this new coin is "better" than bitcoin, I know I'm most probably dealing with a shitcoin and it makes me sad because I really like this technology and want to see it improve...

When that's what they create (useless coins) they obviously have no potential and people obviously don't have any faith in them. So when the only useful currency makes any kind of move, they dump their altcoin bags and come to the bitcoin market. When that move is in the downward direction, they also panic and sell their altcoins more than they sell their bitcoin. Therefore we see a bigger altcoin dump every time.

Of course, until now Bitcoin influence on the market still dominates, this can be seen from the fall in Bitcoin price in recent days, even though it only touched the $92k level, the effect on altcoin prices was very significant, even Ethereum itself was affected until it fell to the $2k price level, although it did not take long for Ethereum to recover. In contrast to several other tokens that are still making low, even though the current Bitcoin price is at $98k, this is very frustrating considering that when the Bitcoin price drops it will have an impact on other tokens to go down, unlike when Bitcoin goes back up, altcoins will remain sideaway at low prices.

That's how it happens every single time. When Bitcoin jumps, altcoins jump too and vice versa. I am obviously not counting meme coins here as these are not real coins.

I think it happens due to the dominance of Bitcoin on the crypto market. Every single altcoins can be traded with Bitcoin in almost all exchanges. So when the value of Bitcoin changes, it impacts the value of the altcoins as well. I mean that's a trend that's ongoing since inception of I am not wrong.

I admit the power of crypto is getting centralized back to the Bitcoin. You're  mentioning some alts declined so hard, and surprisingly, some were reaching new ATL, which can confirm if alts has no power any more compared to the bitcoin.

It seems people who wish to see the same bullrun as 2021 - 2022 will never come. We're back to the time when Bitcoin is fully ruling crypto market, though BTC.Dominance is still staying around 61%.

Bitcoin deciding the fate of altcoins is what has been known for long. That's why an investor in the crypto space should think of Bitcoin first as the right investment to make before they think of other investments to make in altcoins because that's like taking the risk of an investment that is not always favorable to the investor.

Altcoins are duplicate of bitcoin and also the opposite of bitcoin. The developers created them to make their pocket fat and not to solve any problems for investors. Bitcoin controls their price and the funny thing is that if bitcoin dumps, some of these altcoins will dump and not recover when bitcoin is pumping.

Even if there are other Altcoins that are actually trying to innovate something I can agree with you that 99% of other coins are just simply duplicate and lack any proper innovation. Many will say bitcoin is the first coin and that’s why it takes the lead and I usually debunk this and simply say that bitcoin utility is what drives it or gives it its value and been considered as investment.

Bitcoin dump usually signifies that there is a negative impact on the market and as such every investors usually go for very volatile coins that’s why the Altcoins usually suffer more because they are not guaranteed of survival after every huge dump. For bitcoin it’s investors know that even after dump their is belief it will come back up again but Altcoins doesn’t have that guarantee. Reasons why they heavily hit most especially those without any utility

Bitcoin is the first digital currency in the world and also the king of the cryptocurrency market which will certainly affect the movement of altcoins or other currencies, and altcoins are imitations of Bitcoin that will never be as perfect as Bitcoin and Bitcoin can be likened to the backbone of the family and if Bitcoin is sick then the others will be affected. I mean likening Bitcoin to a father in a family who has to earn a living or income for his family and if he is sick or something happens that causes him to be unable to work then his family will starve or other things that can harm his family and vice versa if he can work well then his family will be happy and will get enough food and can meet all their needs. And I take a simple example that can be easily understood because Bitcoin can be said to be like that and can affect altcoins especially when the price is falling and altcoins will fall even more significantly. ;D

This has been the pattern for some time now. The price movement of Bitcoin determines how the altcoin market will go. Bitcoin is the pathfinder of cryptocurrencies this is why altcoins will always follow its path. There have been several developers who have predicted that their coins will become better and more valuable than Bitcoin, but all of them turned out to become pump-and-dump coins. Even some altcoins that have been around for a long time cannot be trusted because they have some lapses.

Altcoins are just clones of bitcoin as they were formed from the image of bitcoin. While bitcoin is the founder of crypto market, the altcoins are considered the alternative coins.

However, since bitcoin dominates the altcoins, whatever the price of bitcoin, altcoins follow. If bitcoin price drops, their prices are bound to fall as well, and even much lower than bitcoin. But when bitcoin price surges high, not all altcoins go up as some have didn't manage to recover from price drops. That's how dependent altcoins are to the movement of bitcoin in the market. They want to imitate bitcoin so they can compete but will always fail in the process.

Yes, and a ton of shorts got wrecked (again) and lost their shirts when it bounced back over 100K almost immediately. Some people just never learn.

That's how it's been in the past, but what needs to be noted is that the situation above is just market shock therapy and the possibility for the crypto market to recover in the next few days because I'm sure Trump is thinking enough and saving his domestic industry first by making policies in the near future as well as the crypto industry.

The AltCoins market has always been excelling by market manipulations of it developers strategically on the advents of following trends to bitcoin movements so investors who develops rhymes of their bitcoin investments can assume to also play along in the he AltCoin market.
Earlier yesterday bitcoin fell a decline of $91,229 which was so reddish as dipped that also followed the crypto market where other Coins went dipped and reddish in the candle light and then, most of the Memecoins was at the valueless levele but as at now bitcoin has been to regain it market values to had already reached $101,616 with the green light, the AltCoins has also followed the trend that's why I'd stick to call the AltCoins a follow follow of bitcoin.

Bitcoin does not decide fate of altcoins, because Bitcoin is developed by Bitcoin developer community and altcoins are developed by altcoin developer teams.

Fate of altcoins will be decided by altcoin developers, and most important founders of those altcoin projects. They are centralized altcoin projects and if their founders abandon their projects, it's almost the end of the project fate. If fortunate enough, one or some core developer team will continue that project but altcoins mostly die with time because their founders and core developers are not too capabale in development and lack of dedication on their project development with time.

Two articles say many insightful things about altcoins.
How many cryptocurrencies failed? (https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed)
The two types of altcoins: an investor's view. (https://woobull.com/the-two-types-of-altcoins-an-investors-view/)
Don't buy altcoins because they are top altcoins (https://bitcointalk.org/index.php?topic=5430698.0)

Almost most altcoins do follow bitcoin's movements and that happens even on its journey in the market. Like what happened yesterday where bitcoin experienced a correction and all altcoins if observed actually experienced a fairly deep decline so that if you look at the market conditions it looks so red. However, in a short time the recovery moment occurred again so it didn't take long for bitcoin to return to the recovery path as it is now. The correction pressure that occurred was inseparable from several events that occurred and it was not surprising because we are starting to get used to seeing these conditions and maybe it will continue to be in conditions like this for the journey of bitcoin itself.

what makes altcoins a lot riskier than bitcoin is its volatility is a lot higher than bitcoin so when bitcoin declines even for a bit you can expect it to bounce back but the same can not be said for altcoins this decline for bitcoin might be the end for one altcoin out there which is why i would always just go for bitcoin if i want to hold something for the future ahead a lot less thinking and monitoring needed

I agree that buying altcoins is allowed but of course those that already have a name and are registered with cmc whether to take the top 50 or top 10. If it is new I think it is still weak and the price will certainly fluctuate very quickly, not to mention the pressure of the hodlers who will also sell when they see the market is strongly corrected. Actually there is a good lesson that we can take when the market is in its current condition. If we want if not just oc.

Not as much altcoins follows Bitcoin movement, some are not connected if the price of Bitcoin should sky or not, most of them especially the rugged one's observe price dumb and pump when the owners decides, best by manipulation from the team behind. Meanwhile, there are specific altcoins mostly the top one's that Bitcoin do affect their prices, Ethereum in particular has been surviving mostly because of Bitcoin, since we started the epic price movement we can see Ethereum each time at the back stage following every bit of movement, meanwhile altcoins do have specific seasons for themselves, usually after Bitcoin full bull season.

To be able to buy an altcoin you will more like be spending bitcoin over fiat. Then again, with bearish runs people will dump their coins be it bitcoin or altcoin.

So yes altcoins do follow the bitcoin trend and I stopped watching then some years back. I never found any true potential of any of them becoming second to bitcoin but we never know what might happen in future. For now I mostly follow bitcoin.

I would not say their fate is sealed, it is all a part of the market cycle. They will come back up, eventually.

Well I have checked and carried out few technical analysis on this particular question before,and I came to
 understand that bitcoin doesn't actually decide the
fate of altcoins,what altcoins does is that they follow the steps of bitcoin both in price and in other things,because bitcoin the father of coins,that's all.

This has been the case for a long time. Altcoins are much more volatile as they are all less mature in age and establishment than Bitcoin. They move up and down for their own reasons, though the amplification of the upside/downside mostly depends on their distribution, their economics/tokenomics, the community sentiment and their overall position as a prospective technology or solution against similar rivals.

Ofcourse, Bitcoin is a parent cryptocurrency. Others are fundamentally tied to it like parts of a body are tied to the head, or children to father.
But, there is an exception i'm aware of: Hive... It's a fork of steem, and has be recently made to fluctuate independently of Bitcoin, unless influenced to fluctuate together by something more superior to both

Besides the fact that BTC is a parent cryptocurrency is the fact that it is the most successful and most patronized among other cryptos. It is so valuable that it is almost as valuable as gold and silver and that makes all other cryptos look small when ranked close to BTC.

An investment in BTC may not be short term profitable but for long duration investing, the yield is sure to make one true wealth as compared to altcoins that could dump in the slightest moment and fail to rise again.

There is no doubt about it because it is an advanced coin that no one has yet approach. Your point is absolutely correct and it is a very simple example that can be understood by every human being. So far I haven't heard his name nor know anything about him but will definitely search about him as this is the first name I hear with Bitcoin. But I used to think that Bitcoin goes up and down because of its analysis.That what I have been think for 4-5 years and that how Bitcoin was.  If it is recommend it is being beneficial.

In the cryptocurrency market, it almost always happens that when Bitcoin's price is dumped, the prices of other coins i.e. alt coins are also dumping, maybe altcoins follow Bitcoin's movements in the market. For example, when the price of Bitcoin dropped to around $92,000 a few days ago, the prices of several other coins, including Ethereum, fell much more significantly. So from this situation, it is clear that if the price of Bitcoin suddenly drops, it will have the greatest impact on the cryptocurrency market. I think altcoins are associated with the most volatility than Bitcoin, which results in the most dumping of the prices of those coins.

The prices of the crypto ecosystem have been quite interesting. The fall of value which was experienced by bitcoin couple of days ago then the rice again has seen bitcoin rise to 5x dramatically. This kind of short downtrend and uptrend, have assisted traders to cash out funds. But like you said, it didn't only apply to bitcoin which fell down to 91k dollars, it also happened to other altcoins like Solana and Ethereum that equally were faced with such moves. Bitcoin will continue to remain an industry leader in determining the prices of these coins as usual and any wise person who's interest to make some bucks will always capitalize on the market trend.

Yes that's how the market has always been, the movement of Bitcoin affect altcoins because when Bitcoin pumps, Altcoin are going to follow after and pump and when Bitcoin dumps, the same thing is going to happen and the price of altcoins will dump higher than the dump of Bitcoin. Bitcoin is the only coin that can control the rest of the market because of the share of the market that Bitcoin has, Bitcoin is the biggest and always among the most traded coins excluding stablecoin because they're also having big trading volume as other cryptocurrency are traded against stablecoin.

When the market starts dumping, don't be afraid that the market is dumping but be happy and start buying. The dumps are always expected to happen after Bitcoin has seen significant growth in the past months or week depending on what's happening. All the dumps that comes to the price of Bitcoin used to be recoverable hence don't be afraid of Bitcoin dumping.

It is a common knowledge if you ask me because it is known by many people all around the world and the reason why it is created in the first place. We know that altcoins are created to since there are some things that people want and that is the transaction speed and low transaction fee hence why there are different altcoins. Altcoins are now competing with other altcoins which is better like the tx speed, tx fee and security.

It has been concluded a long time ago that the alts rely mostly and heavily on Bitcoin. And that's why those bag holders of altcoins cannot boast their holdings if they are up because Bitcoin did it first and they have rallied because of it. As we can see, when there's a flash crash, the market also crashes so, it's all reliant to Bitcoin and many still don't like to accept the fact that for this market, Bitcoin is the driver of it.

Bitcoin leads while others follow, this bull run in my opinion has only been about Bitcoin, altcoins has some exposure of investors and flow of money but when there is a little shit show, when Bitcoin moves a little down side, they shit their pant down as if they are the one with the market news. Example of this is Ethereum, that altcoin has been lagging behind for many months and didn't show any good recovery with Bitcoin but crash than Bitcoin on a small news.

I'm not sure if this is a new wave of change in the investment portfolio from among investors but I can tell that people will rather see profits of 10x on Bitcoin than to for altcoin that is guarantee and will crash on any small news. The institutional investors are among the reason why this growth is happening, if the interest on Bitcoin remains the same, people will follow where the money goes and not where the profits is coming on a short term.

Just think if altcoins decide the fate for bitcoin? Bitcoin will not achieved where it is right now. So it’s better to say that bitcoin decide the fate of altcoins, at least we will witness some potential altcoins going into massive when bitcoin reaches its peak price. However, not all the time bitcoin may influence altcoins. Altcoins have their own role in the crypto market, and they pump and dump of their own even when bitcoin is making a good performance.

If you want to hold in the long term then the decision to hold bitcoin is much better because bitcoin has fundamentals and even if there is a correction there will always be a gradual recovery moment. Altcoins with their high volatility can actually put psychological pressure on holders and if they panic it will give the potential for much greater losses so for long term issues altcoins are not something ideal to hold because of their high volatility. If you want to be safe then it is better to hold bitcoin because it is much more proven and much better for the long term as an investment step that we choose.

It seems the price range now become $90k-$99k ;D

I see that is what happen in this few days so maybe we will see this month will not be good for Bitcoin and altcoin. Altcoin looks suffer with this condition and makes many altcoins down too dip again.

But once again, we will have a good time to buy back at low price so we should use that for our benefit.

Not surprising to see that since every altcoins out there has followed the track of Bitcoin. So instead of wasting your time and money for thinking about holding shitcoins maybe more better for you to buy Bitcoin directly since you would see more reliable coins that can possibly bring you some good profits.

Although many may say that alts bring high rewards but still people need to realize how fast the dump and pump scheme happening there and its unpredictable that's why chances to lose is so high.

So better pick the best and eliminate the thoughts of buying shitcoins.

Since bitcoin is the mother of all coins, it is only natural that all altcoins follow the price of bitcoin, That's the only reason. because it is impossible for altcoins to compete with bitcoin, although there are some altcoins that are able to survive when bitcoin falls, it's just a game because in the end you will also lose your money when investing in those altcoins. So no matter when Altcoins will always be dominated by Bitcoin

Just look at when the market was crashing in the last few weeks, many altcoins were bleeding, some fell by 50% in a week. This was all "Only" caused by Bitcoin which fell less than 5% this week. This proves that the price of bitcoin will have a big impact on altcoins.

It can be said that Bitcoin is the safest asset while altcoins are alternative coins for many investors because the goal of most traders or investors is to continue to increase their bitcoin position, so they don't need to continue holding altcoins if their main coin increases. If I can compare Bitcoin and Altcoin when looking at the market. "Bitcoin coughs, then altcoins defecate blood".

In some cases, if the Bitcoin price drops, it affects the price of altcoins. Any harm that comes to Bitcoin, the majority of the altcoins get affected. There are also times that are regarded as altcoin seasons when the Bitcoin price might be struggling to retain a certain level while altcoins will be doing well in the market, but these are mostly rare cases.

Some altcoins actually do very well in terms of recovery from drops as a result of the Bitcoin market crash, while some suffer too much from it, which they might never be able to get a pullback after dropping down from a fall. Because of the Bitcoin market, you can hold both Bitcoin and some altcoins, but the person should be careful in times of selection.

More precisely it is called altcoin sisen because usually in this performance bitcoin will experience a decline and altcoins themselves get a significant upward momentum. But in its usual capacity it actually shows the same direction where when bitcoin's performance moves altcoins will follow or it could be the other way around. The momentum of bitcoin's increase is always awaited by most people because this process is what makes some people profit from running investments.

If you want to get involved in altcoin investment then people should recognize some of the more potential ones because not all altcoins have a good future in the market and often they get moments of losing investment value. So choosing a more fundamental one might be necessary so that people do not lose money in the investment.

With bigger caps, there is no pump and dump there.
But I agree, many track back to BTC how the ocean waves, and they get bigger pushes from such moves on it.
That's why there is a BTC rally and only then - an alt season for a brief moment, and it all starts anew.

Obviously, Bitcoin decides the fate of altcoins. They can't survive without it. After all, Bitcoin is the one cryptocurrency that started this craze. Basically every crypto has a BTC trading pair. We could say Bitcoin is the reserve cryptocurrency of the market. Even ETH can't survive on its own. The SEC had approved the spot ETFs for ETH. But such a move didn't attract as much investors as Bitcoin did.

If one day BTC loses its value (which is highly unlikely), other coins will go all the way down the drain in an instant. As simple as that. It's no wonder why many people have chosen to become Bitcoin maximalists. I wouldn't expect things to change for a long, long time. :D

There is no doubt that the sheer confidence that is put in BTC (and not without a reason) wouldn't be reachable for others (I hope one day, it may be different, but in the coming decades - nah, it's crazy to think about it).
That's why its value would only be more appreciated as time goes on, whatever the events may hold it back / hold its adoption.

It's not about confidence, it's about quality of a project and its value comes from that. Without good value, that certainly is made up by many factors, a project will fail no matter how much confidence you as a project founder, core team members or a community member has for it.

Confidence is not key to success and if it is about altcoins that can easily be made, launched by forking Bitcoin open source code or altcoin source code, or mint from thin air with smart contracts, confidence has less powerful contribution to success.

If you believe in Bitcoin, read it, and you will see that confidence that is not based on anything does not result in success.
The bullish case for Bitcoin. (https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1)

Fate ≠ price.

It's not all about the price, even the altcoins price really low and can't beat the previous ATH during Bitcoin bull season, as long as the coins have real use case, they will survive.

It will depends on the developers whether they want to continue to projects, abandon it or perform exit scam because they have a lot money. Most altcoins ended up in exit scam and abandoned by the developers.

There are instances where bitcoin drops drastically and so altcoins try to chase the position of bitcoin, but they all fail as they can never compete with the potentials and real utility cases of bitcoin. Bitcoin is the founder, while altcoins serve as the followers. Bitcoin dominates the crypto market, while altcoins are left nothing but to follow the path of bitcoin wherever it'll go.

altcoins seem to be in a tight stop in a sense that when bitcoin rises, altcoins will not be rising exactly with it because people would be focusing on bitcoin or their focus will be all over the place like it would not be focused on only one altcoin so it is difficult to see one specific altcoin rise significantly

but when bitcoin falls down it affects every altcoin because people start fearing for their money regardless of the coin i am assuming the logic behind this is because if bitcoin can fall then so can altcoins

Bitcoin is a Superior cryptocurrency and it's activity affects most of the altcoins that is why most of the time when the price of bitcoin is greenish, other altcoins follow behind and when it is also getting red you will also see most of the altcoins falling. It's not like the price of altcoins depends on the activity of bitcoin but since bitcoin is the head of other cryptocurrency, there is no way it won't have effects on altcoins with it's activity in the market.

OP i believe you wanted to write strength instead you wrote straight, you can check it out from the area that i underlined and make corrections because some persons can be lost when they come across that area where you used 'straight' instead of 'strength'.

Savaged 😂
Op is still a newbie not just on the forum but also in the cryptocurrency space and I wouldn’t have to blame him for his question because at this point, everyone already knows the king of crypto which is bitcoin and trust me, every other coin seems to follow it’s footsteps and threads, so if bitcoin goes green, just expect a lot of other coins going ten and if it goes red, also expect other coins going in same direction.

Exactly. It has always been about quality. Why do you think Bitcoin is still #1? Because most coins out there only focus on quantity (hype) with the aim of enriching developers and a few early adopters. We should keep in mind that it's not about making money. But rather, making our world a better place.

Since day one, Bitcoin had the vision of decentralizing the economy. It's far from realizing it (especially when centralization dominates the industry), but nothing's impossible. Once people lose trust in the Fiat money system (empowered by central banks worldwide), Bitcoin will take over the globe. Where does that leave altcoins? Alone, left behind in the dust. At least, most of them. I'd just "hodl" Bitcoin and forget about the rest.

Well, bitcoin has the highest market cap in cryptocurrencyso it obviously affects other altcoins since major investors of altcoins are from bitcoin community so it’s a normal thing in crypto. Altcoins are introduced as imitations of bitcoin and it’s being driven by the community. I’m not even surprised, bitcoin is the father of cryptocurrency and it drives all of the altcoins.

bitcoin is like the center of the cryptocurrency market. if bitcoin goes down, then the majority of coins in the crypto market will also go down... and likewise if bitcoin goes up then the majority of altcoins will also go up. that proves how bitcoin has a vital role in the cryptocurrency market and becomes one thing that determines the direction of the crypto market. and that's why people who invest in bitcoin are safer than those who invest in altcoins.. because in terms of market dominance alone, bitcoin is already on top... and we haven't discussed the potential of bitcoin in the future.

That is not a secret because since the beginning of the existence of bitcoin has always determined the sustainability of altcoins and shitcoins because that is the reality that is happening today as some people say where the king always determines and makes the conditions of those who follow carried away.

Bitcoin has always been the king and it could even be forever like that so I don't really feel surprised that in the end the situation that is happening now where the fate of altcoins in terms of the market still rests on bitcoin will forever happen. Although maybe we don't all have to say that especially for shitcoins that sometimes always rely on their unreasonable pumps but in the end their sustainability for a long time still follows the movements of bitcoin itself.

Apparently you're very correct Bitcoin is the most active cryptocurrency and as much,many altcoins are connected with Bitcoin.It has been recorded that Bitcoin's existence and markets standards have been able to place active impacts to altcoins and other digital currencies.
Whenever Bitcoin prices elongates, there's a tendency that it's viable for boosting crypto industry and even draw attention to the cryptocurrency markets.

There are a lot of developers involved with altcoins who's intention is not to make money but to do something better. The only problem with that sort of thing is that they are vastly outnumbered by token developers, DeFi developers, DEX developers and other scam artists who are looking for the quick rug pull.

So when no easy money can be made on any coins easily then everyone loses interest in crypto simultaneously and the prices of everything are dragged down.

I don't know if this will still continue in the future or there will come a time when the alt coins will gain their independence from bitcoin. But while we still don't know if such day will ever come, bitcoin will continue to be the market leader and decider. Bitcoin is the most traded coin globally and it's the most known coin. It's Market dominance over alt coins have been like this over the years. Most of the big investors and whales out there invested heavily on bitcoin, and once there is a negative news about bitcoin and it bleeds, and the alt coins will suffer it the most. The alt coins will not rise as fast as bitcoin, because the level of trading in bitcoin alone is more than the entire alt coins market.

When Bitcoin was fluctuating between 40-50k, many alts were making moves, they go up and down on a sight of update from the team but on sighting Bitcoin going over $100k, everyone minds change to Bitcoin and now everyone put their mind more or Bitcoin than altcoins, even meme coins don't get attention like they used to be in the beginning of the run. Now that Bitcoin is stuck in between Trump update, Altcoins are just shitting thieir life like they don't have diamond hands again.

Bitcoin has always been the faith of altcoins, they don't move when Bitcoin is struggling unless there is one particular big news about a coin. It's either when Bitcoin consolidate they move but the uncertainty of the general market is what is affecting Bitcoin and Altcoins, when Bitcoin shift by a percentage, altcoins moves like they are about to die and bad part of altcoins is that when Bitcoin go up again, they stay where they are like nothing never happened, it's really a big job to buy altcoins to hold.

from my observation in some years now, it's obvious that the strength of bitcoin in the market determine the increase in all coins, without bitcoin altcoins will not exist and they will not stand firm in the like increment, so I know very well that bitcoin increment affects other coins and bitcoin decrement also affect other coins, and if bitcoin is out of market right now, its obvious that no altcoins that can survive within six months.

Some people argue the fact that altcoins can do without bitcoin, which is very clear that bitcoin gives rise to any other cryptocurrencies, and when altcoins decreases in the market it take altcoin more time to pick off increment whereas bitcoin doesn't take time to restate it's value...And people do value to invest in altcoins more bitcoin due to chances of making profit through altcoins is higher than bitcoin, but in summary bitcoin gives altcoins rise of increase.

Simple analogy.

Bitcoin @45K, ETH price $3k.
Bitcoin  @104K, ETH price: $3k.


From the onset, ETH have always depended on Bitcoin its own runs and other altcoins depends on ETH as well amd the fact that ETH haven't had a major run in this market goes to show how much altcoins have been suppressed in this market.

Everyone is still hoping on an altcoin dominated run though even though now it seems the window is closing for that.

Bitcoin is the first and the decentralized coin in the cryptocurrency world. It controls about 50% of the entire market, which is why the rise and fall of Bitcoin's price has a huge impact on altcoins. When Bitcoin is most bullish, altcoins also increase in price, and when the Bitcoin market falls, altcoins fall more than bitcoin. Sometimes, even with a slight fall, Bitcoin loses a lot of value to altcoins, which is why buying altcoins is more risky. In some cases, the market situation, good or bad, depends on the price of Bitcoin. I must say that Bitcoin depends on altcoins. There is no example of altcoin prices increasing when Bitcoin price is down, but when the Bitcoin price increases, the prices of altcoins also increase and follow the same direction in both cases.

Most of those arguments don't hold any substantial truth or an element of truth in them, the reason being that Bitcoin is the market propeller in the cryptocurrency industry today and as a matter of fact, whatever we have seen in the altcoins markets is a reflection of the nature at which Bitcoin move the market and Bitcoin will always and continuously be the main determinant price factors.
Most time I think altcoins are fair different in terms of marketing new coins and concentrating on the product, the older people we all know have loyalty to Bitcoin although some say Bitcoin is too expensive but still much more preferred compared to altcoins.

ETH is the only exception. Market prices have been relatively stagnant. Why? Because competitors such as Solana and BNB are "eating its cake". ETH devs have been reluctant to increase on-chain scalability for lower fees and faster confirmation times. Instead, they've been forcing people to move to centralized L2 networks with low TVL and smaller number of dApps.

So yeah, alts will continue to go up alongside BTC, while ETH stagnates. Not a good investment if you ask me. Still, anything can happen in the future. After all, the crypto market behaves in many strange and bizarre ways. :D

when you realize that BTC has been growing and keep reaching ATH while altcoins are stuck and even stay in their bottom floor price. you'd realize that the altcoin market as a whole is just a small market where people who like to speculate more due to higher volatility resides. but at the end of the day the price still influenced by bitcoin and people who trades altcoin, including whales and so on will eventually convert back their altcoin + gain if any to BTC.

the reason why often you see altcoin keep dumping while btc just dumping a little and when BTC rises, altcoin didn't recover is because market don't trust investing in altcoin enough, they see it as just a market of high volatility nothing more, nobody with big chunk of money are thinking to invest into alts seriously other than just short term money flipping.

Yes this has been the narrative in the crypto market like a magnet to a metal altcoins response with each and every movement bitcoin makes mostly when the price of bitcoin dips all altcoins prices reflects the dip but more significantly than that of BTC price. But what marvels me is that after a correspondent fall, when the price of bitcoin then rises some of these altcoins that fell when BTC price was falling don't also follow in the rise when BTC is rising. That explains the high risk in investing in altcoins compared to bitcoin when considering reliability in investment assets.

In addition, if we want to be safer before trading in altcoins, please also pay attention to the direction of BTC movement where in addition to technical analysis, knowing the Bitcoin space well will also help detect whether the price is going up or down. Short purchases can be very risky because the price can fall again, especially if the market conditions are sideways and this also has an impact if we trade in altcoins.

You are not wrong in saying that all altcoins are created with the intention of enriching the developers instead of focusing on developing the project and bringing general benefits to the community. But don't fool yourself and everyone, we are here and investing in bitcoin to make money, for our own benefit, not to use bitcoin to make this world a better place.

And as long as people's goal is still money, don't expect them to lose faith in fiat and the banking system one day. So I don't believe that bitcoin can rule the world and we will have a decentralized world like you dream of.

You wouldn't know because you are just new to the space, if you were an old experienced Bitcoiner, you would understand by now that Bitcoin is often referred as the father of all crypto because during bull season for Bitcoin, as the price surges, some other projects uses that avenue to pump and dump their tokens.

Yes, you're right cause that's not something new, everyone that's been long into Bitcoin should already be aware of that so the news is old, Bitcoin is the king of Other Cryptocurrencies, it's second to none and it's like a Shepherd leading it's flock, when the Shepherd is weak the flocks are weak and prone to danger and when he's strong the flocks are safe and protected, same applies to Bitcoin, when it's down Other Cryptocurrencies follow suit and when the price hikes, Alts and Shitcoins follow as well, they solely depend on the price of Bitcoin to make improvements and even ETH that's most people place 2nd after Bitcoin don't even comes close nor have it achieved the milestone that Bitcoin has attain and that's why Bitcoin reigns supreme the Cryptocurrency world.

Yes, he need to research for more to find the answer. Bitcoin is the leader of cryptocurrency so altcoin will follow behind Bitcoin. When Bitcoin increase, altcoin follow increases but when Bitcoin is down, altcoin following to go down.

But when Bitcoin is down, many altcoin can not resist their price to go down a lot and not easy for them to increase back. Maybe only some small altcoin list that can increase but that will need time before that is happen.

By analyzing the price of the last few years, we can easily estimate how dependent the market is on Bitcoin. When the price of Bitcoin increases, what is the condition of altcoins and when the price decreases, what is the condition of altcoins. Bitcoin is definitely the first and only cryptocurrency that is completely decentralized. Where people have the most trust. At the time when the price of Bitcoin increases, many people invest in some altcoins to double their investment in a short time where there is no certainty of investment. Since the entire cryptocurrency market closely follows the price of Bitcoin, I can definitely agree about the dependence of altcoins on Bitcoin. And if this is the case, then the fate of altcoins will definitely depend on Bitcoin.

Imo, not just eth. Other altcoins that appear to have "done well "in this bull run are at least -50% to -90% down. Even solana is down over -20 to -30% from its recent all time high from less than a month ago.

As for ETH, the community have been rallying around demanding more from ETH foundation because they have been one of the frequent sellers in the last year and just this week, they add over 50K ETH into defi protocols so they can generate yield and use that yield for some expenses rather than sell them outright. Additionally, gas limits was increased from 30M to 36M per block and Pentra  upgrade is coming in March.

I sold all my eth last month but the future is starting to look good for Ethereum. Takes just 1 billion to start accumulating it and interest + vibe will be back.

Yes, that could be more additional data for us to analyze the market so we can know how good the market and the condition of altcoin and Bitcoin. By take a look at Bitcoin history and the price movement, we will get an image when we can enter to the market so we don't have to afraid with the price fluctuation. We can consider that the price fluctuation is nothing compare to our reason to make an investment in Bitcoin. We can try to invest in altcoin using another allocation money so that will not disturb our Bitcoin investment.

You make some great points! It's true that most altcoins, even the ones performing well, are still significantly down from their highs. Solana’s drop, despite its recent gains, highlights just how volatile this market can be.

As for Ethereum, the steps the foundation is taking to focus on generating yield rather than selling ETH outright could be a game changer in addressing concerns about constant sell pressure. The gas limit increase and the upcoming Pentra upgrade are also positive developments that could boost network efficiency and stir up renewed interest.

It’s interesting that you sold your ETH last month but are already seeing promise for its future. I agree that it wouldn’t take much for sentiment to shift, and with just a bit of institutional interest, the narrative around Ethereum could regain momentum quickly. :D

With Trump taking names of coins out of the blue, they are surging like anything - seems like his is following Musk's strategy and trying to capitalize on the market movements before you know it.

Following the Bybit hack, the market crashed and this moved it upwards again. We can follow the altcoins going through a similar phase as well. When large scale events like hacks or politicians calling coins good happens, this type of movements are common. When a single coin is forking it might move more than others.

Altcoins are not as bad as they seem at first glance, but if you want to deal with altcoins you should have a very good understanding of the market, so as not to buy tokens at random, because it will always be an act of luck. Altcoins are most often approached by people who are new to the market and do not have a lot of capital, and they want to quickly increase their money, because altcoins are considered risky and can bring quick profits, the same goes for memes, but the truth is that for people with little experience, this is the fastest way to lose their money. It would be safer to start buying bitcoin from the very beginning.

Altcoins are not duplicates of Bitcoin; if they were duplicates, they could have been as the original or close to it. Altcoins are just alternative coins, which is why they are referred to as altcoins. Their purpose was initially to solve the problem that Bitcoin faced, but they have gone far below that to the extent of creating something that can only enrich them, although some are not completely as useless; they are just undervalued and underrated, for example, altcoins like Monero (XMR).

The that bitcoin is the first crypto currency and we should know that everything will eventually be controlled by Bitcoin because all other idea were gotten from it an and nothing is even comparable to what Bitcoin have archived. And I see a lot of comments about if there will be anything that will surpass Bitcoin but for now there is nothing obviously and that is why people so much trust in that investment and one of the common thing is that Bitcoin controls everything.

If bitcoin should go up then other altcoins will also follow and this is one of the reasons why people will choose bitcoin over everything. And if the price should go up it is usually a win for other coin. And it can not change the fact that everything will go bullish.

So there is a lot of things that bitcoin is unable to drop from its position so this is one it is called the king, having some good altcoins that are very good and can be invested in.

Most of the time we would see this happen, whenever Bitcoin drops altcoins would follow with a greater fall, but it wouldn't always be like that there are times that it would contradict the price movement.
There are times that Bitcoin price would fall and the alts would be pumped or vice versa.

Yep I think the same. I invest in Solana and the price is always exactly the same as Bitcoin

By "duplicates of Bitcoin", do you mean "clones"? Well, I'd say there aren't that many clones on the market these days. At least, not direct copies of Bitcoin. What do exist are clones of tokens. Especially those that are based off "memes". For instance, PEPE is a clone of SHIBA. BabyShibaInu, Floki Inu, and a few others are the same. They don't have anything innovative other than a few tweaks "here and there" (like changing the total supply).

Altcoins that are a "true gem" are quite scarce. But worth having in your portfolio. Besides Monero, Litecoin and Ethereum are "undervalued and underrated". I doubt any altcoin will be able to survive on its own without Bitcoin. After all, the latter is the one that started it all. Why do you think BTC is the "reserve cryptocurrency of the market"? Every crypto exchange has at least a BTC trading pair. So if BTC goes all the way down the drain, altcoins will lose their value big time. Just diversify your investment to minimize risks of loss, and there shouldn't be any problem. :)

Is safe to say that Bitcoin decide the fate of altcoins, bitcoin is far bigger than them it has made an incredible wave. Since it’s inception it has been amazing despite the backlash and criticism from people.

They are all part of one market. Liquidity just pours from one to another, I would see it like that.

Impossible!
Bitcoin price this $103,193 as we speak while the price of Solana is $170.37.
I believe you misunderstood how the market works or perhaps it is a communication error. But let me get one thing straight here. Bitcoin is the only independent digital currency. Except Bitcoin all alternative currencies are dependent on itself and Bitcoin. This means if Bitcoin increases or decreases the price of altcoins follow suit and most times altcoins get influenced by the factors around them.

That is right that liquidity pours from one cryptocurrency to another as they are part of the broader market. But liquidity is not fixed. There can be an added amount of liquidity. There can be more investors or traders entering the market through bitcoin. Those who want to get into the crypto market but does not want to get into bitcoin will look for others and that is how bitcoin "decides" the fate of altcoins. Some times, people see altcoins as an extension of bitcoin and if bitcoin is doing well then so must altcoins then.

The altcoin rate has always been very dependent on the Bitcoin rate. I fully share the opinion of the crypto community, which often makes a joke: "if Bitcoin grows, then altcoins fall in price (because it takes away their capitalization, there is a transfer of assets), and if Bitcoin falls, then altcoins fall (because people panic and they think that if whales sell Bitcoin, then altcoins will definitely not be needed by anyone." The cryptocurrency market has been operating according to such funny laws for a long time. And there is nothing wrong with this, just forget that nonsense called altcoins, and just HODL Bitcoin. Guys, this is definitely the right decision.

It's bigger than altcoins, which is correct; it also holds a larger portion of the entire market capitalization, but that's not the only reason. To some extent, some of these altcoins are paired with Bitcoin in terms of trading them, which means if the price of Bitcoin drops, it will also affect their own overall value, and as the king of all other currencies, once the king is affected by something, it's likely that every other currency will get the influence, but there are rare cases where some few altcoins show some resistance, but not for long.

I reckon, this is no brainer that Bitcoin significantly affects the price of altcoins. So, if Bitcoin is performing well then it will reflect to the altcoins to that they'll also become perfectly well as Bitcoin does. We always see this from time to time whether we're in a bull run or a bear run. The trouble starts for altcoins when bitcoin keeps on rising in the dominance share that it has in the crypto market.

That's the best thing that an altcoiner will do, choose Bitcoin and HODL. If they listen, they will harvest in due time the profits that they deserve.

I still remember the last bull run. Where the public was regretting not being able to buy Bitcoin. And then later those who made the same mistake a second time. But if you think about this cycle, you will see a common pattern. Before, by the time Bitcoin reached 50,000, the bull run had almost started. But this time it was something completely different.

Now if you look closely you will see that only Bitcoin investments are happening. That is why Bitcoin dominance is increasing. And it is a universal truth that if Bitcoin dominance increases then the bull run of ALT coins will not start. Because no one is willing to invest in Alt coins now, everyone is eager to invest in Bitcoin.

Not everyone can forget about altcoins no matter what there must be people out there that is pretty much aware of the high level of involving in altcoins but yet it is still best choice and they are willing to accept the consequences, while others may do it out of ignorance you will agree with me that there also those getting involve not out of ignorance, and in most cases most people prefer learning the hardest way. But however, it is most advisable to as many that can not resist the temptation of getting with altcoins it is best not to do more than 10 percent size of your Bitcoin in to altcoins without cheating it will help to keep one in check.

Everybody waits for liquidity to pour into the maximum capacity it can be: afterward, the target would be the altcoin world.

And we didn't reach the biggest ATH yet 8)

Like me, Bitcoin is the driving force behind the cryptocurrency market. Bitcoin has maintained its value and is growing at a rapid pace. Therefore, Bitcoin has become a trusted and established crypto. As a result, the price of Bitcoin can have a direct impact on altcoins.

I agree with you that if bitcoin dominance continues to increase there will be no altcoin season, and that is exactly what is happening, and it is making altcoin investors unhappy. But if you look at previous bull runs, you will see that bitcoin dominance always increases before crashing. It can't go up forever and at some point bitcoin will give way to altcoins. It is all a matter of time and all altcoin investors need to do is wait.

I don't know when the altcoin season will come but I believe bitcoin dominance will crash at some point and that will be the era of altcoins. This is the crypto market which includes bitcoin and altcoins, not a bitcoin specific market.

Bitcoin leads, while altcoins follows, this has been for years now, and has become a norm for traders, investors and crypto enthusiast expectations, who has been in the community for a time. Though now, this is a period we are almost seeing a very different scenario all together, because in the past, after every market bull run (happening in BTC), we likely see the altcoins season follow suite, then a decline (or verse vasa), but this time is not so. This time, it seems Bitcoin is about taking full control, with altcoins having no time for their own season to hit hard in breaking some new ATH.

Bitcoin is at lead when we talk about cryptocurrency as it has the tendency to appreciate over time, bitcoin has been tested and trusted and has also stand toll among other coin.

It is true that Bitcoin is at the top of the cryptocurrency, but only other coins on Bitcoin depend. But we should know that at times many coins are opposite Bitcoin. At present, Bitcoin Dominance is a lot to understand. However, when the price of Bitcoin is stable after the price of Bitcoin, Bitcoin dominance decreases and all altcoin starts to rise very quickly and the price pumps a lot. And it becomes the bearish market. But Bitcoin is one of the most trusted coin.

Well, if we compare with previous cycles, there is no denying that things are changing. During the cycle and so far, bitcoin has completely dominated the market and altcoins have barely had a chance to shine.

But to be fair, if we still believe that history will repeat itself, the bull season is not over yet and bitcoin will hit $150k or $200k this year. It's too early to say there won't be an altcoin season. We should wait until the end of the year and if nothing happens with altcoins, we can say that everything has changed and the game is only for bitcoin.

It's natural for liquidity to search for other coins once BTC is so pumped it's not viable to go and try to push it in any direction - and the money follows the demand and potential.

BTC is the first to go through this, then - it's alts, because they are the biggest contestants besides BTC itself.

Actually Bitcoin is the leader of cryptocurrency and I believe it will continue to be at the top. Altcoins are following suit. So Bitcoin is my yardstick to trade any other altcoin.

I don't think there will ever be another altcoin season. Especially when institutional investors are buying BTC like crazy. All of the attention is on Bitcoin right now. For alts to gain traction, they need to have their own spot ETFs approved by the SEC. It's the only way "Wall Street" can get their hands on it and "pump" market prices all the way to the moon.

Undeniably, things have changed. This isn't like the early days where BTC carried the rest of the altcoins with it. I think this is good, because "shitcoins" will need to prove they're worth it under the eyes of institutional investors. It's their game now. The only altcoin that has a chance to go up is Ethereum, because spot ETFs were approved for it. Both BTC and ETH will become the "Kings" of the market. Dominance will surely increase, leaving other altcoins in the dust. I'd just "hodl" these coins for long (ETH + BTC) and forget about the rest.

After liquidity makes the biggest ATH on BTC to date, it will search for other places to go due to how hard it would be to push BTC itself further - that is when alts will shine. At least that's how I see it.

No one can predict with a guarantee when the price of Bitcoin will increase. But of course, predictions can be made and as the price of Bitcoin increases, the price of Altcoins also increases slightly, but the price of Alt does not increase at the same rate as the price of Bitcoin. On the other hand, when the price of Bitcoin decreases, the price of Altcoins decreases rapidly. Until then, the price of Altcoins does not increase significantly until the price of Bitcoin increases and remains stable for a long time. So yes, of course, Bitcoin determines the fate of Altcoins. If the Bitcoin market is bad, then the price of Alt will not increase in any way. This is seen all the time in the crypto world.

Let time tell, this debate will go nowhere because our views are not the same. But I will agree with you that altcoin season if it happens will be very different. I mean not all of them will go up at the same time and all will go up x10x, x100 compared to previous cycles. Only altcoins with potential, memecoins with loyal communities will actually pump, we can't expect all of them to pump. Because the number of altcoins has now increased to millions of projects instead of just a few hundred like the previous cycle, mass pumping will not happen. This will also make it harder to speculate on altcoins.

I think you're forgetting about the alt-seasons from previous cycles. The prices of some altcoins then could grow several times or even dozens of times compared to the small increase in Bitcoin price. In my opinion, the correlation between Bitcoin and altcoin markets has been decreasing lately, and at a significant rate, as Bitcoin is becoming more and more popular among institutions, companies and governments, while the interest in altcoins is decreasing. At some point, interest in altcoins may increase significantly, for example, after the adoption of ETF applications that are postponed by the SEC.

Altcoins can rise more than bitcoin, which will only happen when altcoin season comes. But so far, we have not seen that happen and there are many predictions that altcoin season will never come again, the market has changed, the cycle has changed. Many people think like you when they think that because bitcoin is becoming more and more popular in organizations, companies and their cash flow is only focused on bitcoin. But I don't think so, altcoins are still part of the market and without altcoins, crypto would lose a lot of its appeal and liquidity. So altcoin season is still going to happen but we don't know when it will come.

Bitcoin is the king in the world of crypto currency so Bitcoin determines the price of other crypto currencies because you don't expect altcoins to dominate Bitcoin the price of Bitcoin is what helps other memecoins to increases in terms of price because of the level of value and influence that Bitcoin plays in the crypto community Bitcoin practically controls the crypto market and how it move which also includes the price

Exactly, Bitcoin has been the only digital currency that is not influenced by others. That is, Bitcoin can influence what happens in the price of other altcoins but the reverse cannot be the same. What influences the price of Bitcoin are few factors like policies, market seasons, economic status and government regulations. If eventually bitcoin loses its trust, and perish (which is almost impossible to happen) every other altcoin will follow suit.

I have never seen so far that Bitcoin is going down and Alts are going up, whenever Bitcoin is up Alts join the party. The message is very clear that it's Bitcoin which will lead the party. After I came to know about this fact I focused only on Bitcoin since there is no point in investing in Alts that can't move up on there own. It's a strange thing to me that invest in Alts and then wait for Bitcoin to go up, why not invest in Bitcoin straightaway?

Yes, I have never seen it either because I don't really pay attention except for Bitcoin. And for fundamental reasons and also in general altcoins always follow Bitcoin's movements because Bitcoin is the largest cryptocurrency in terms of market capitalization which greatly affects the movement of other coins or altcoins and other reasons because altcoin prices are usually measured by Bitcoin. And Bitcoin is also the choice of most investors in terms of profit, especially in the long term because when the price of Bitcoin is rising and although there are some altcoins that follow the increase, especially the oldest and longest-standing altcoins, in terms of profit Bitcoin is much greater in terms of profit and this is what makes most people or investors prefer Bitcoin, the king of crypto.

Because those who invest in Alt are tempted by the low price and want quick profits from taking advantage of the increase in Bitcoin prices, but in fact not all Alts are affected or what is meant is that every time Bitcoin goes up there are some Alts that cannot go up, but when Bitcoin goes down, all Alts will also go down significantly and in reality there are still many who think that investing in Bitcoin is expensive, without realizing that Bitcoin can be bought at any nominal value, the most important thing is to buy regularly.

When I look at altcoins now, I can't remember when they were so weak. Altcoins now look not like breakthrough technologies, but just crooked parodies of Bitcoin. Even those coins that work on good protocols and in their fast networks no longer inspire confidence. Even Ethereum looks like a weak coin in a network that is not improving in any way. And the feeling is that in 2017 there was a boom in altcoins, but this time is now completely and hopelessly lost. Everything is trivially simple: why invest in altcoins, if you can invest in Bitcoin, which sooner or later, even in 5 years, but will definitely grow in price?

Because altcoins bring something new to the table and they are not BTC, that's their gist  ;) Although most of them are created for profit and premining, some - excel at different areas, and they too have different developments that don't push them into the new ranks or something, but they are still well-maintained (big caps, mostly).

BTC is stable, and its values - its the main point of BTC, they don't change, and that propels the confidence and the adoption of BTC forward.

I think some folks are not aware of DCA, though some know about it but are still very eager to invest in Alts and make quick gains to get rich, but we can't generalize that everyone who invest in Alts are on it for quick gains, some do some based on ignorance of the DCA they judge Bitcoin by it's price without knowing that they can buy occasionally and still make profits in years to come, anyways Bitcoin is the head, it's the best Cryptocurrency to invest on and anyone who knows that and still decide to focus more on Alts than it is a big joke to themselves, I'll only decide on buying Alts when I've gathered enough Bitcoins for years and satisfied with what I've achieved and even though I decide to pick and Alt with potential I'll still invest the profits I get from it into Bitcoin (converting it to Bitcoin) since it's the best Cryptocurrency for long-term profit.

Liquidity must go somewhere after BTC's rally would be over - and alts is the answer where the investors look after they get to the point where BTC is pushed to the biggest cap during the cycle yet - it's natural for them to seek potential, not only stability.

But for us - it's the opposite, usually, - so we need to remember where the value would be truly saved through all the time.

The market shouldn't be bearish in that kind of scenario, It should be bullish market and not bearish market. When
the prices of coins are pumping rapidly over a short or
longer period of time, the market is said to be in a bullish
trend. A bearish market happens when the prices of coins
 are going down rapidly in a short or longer period of time.

Since Bitcoin is the father of every other crypto by its market capitalisation, a drop in the price of Bitcoin usually set the tone for the entire crypto market,  therefore causing panic selling and leading to investors to become risk-averse and selling off their altcoin holdings.

But here is the kicker, when Bitcoin drops in the price and a situation where an individual investor has Bitcoin and some altcoins in their respective portfolios, many will tend to sell off their Altcoins first, leaving their Bitcoin holdings, or some selling a little portion of their Bitcoin, So this is what triggers Altcoins to crash extensively in price way more than Bitcoin because investors have trust in Bitcoin more than they trust the Altcoins.

Altcoin season WILL happen. But it's going to take a lot longer than we've thought. Things are not the same as they were a few years ago. With institutional investors going all in Bitcoin, the public's perception of crypto has changed. Now BTC is considered a serious store of value, while the rest of the coins are considered "huge money grabs" or highly-speculative investments. Especially when we're talking about "meme" coins.

Undeniably, Bitcoin decides the fate of altcoins. I mean, how would altcoins survive without Bitcoin? Without the "original cryptocurrency", they would fail. Not even Ethereum has been able to live independently from Bitcoin. So long as Bitcoin is alive, the altcoin craze will never end. :)

The trading ecosystem is such that it needs your patience. There will be times when bitcoin is going down and you have to buy and times when you wait it out. This needs a goos amount of patience to get through.

Altcoins are going to be more volatile and more risky. Most people end up getting washed away by them. The rare few who make money but I still doubt how much they actually made.

Better to stick with bitcoi and wait for altcoin season to come.

You have made a beautiful point between Bitcoin and Altcoins. Many newbies do not understand that Bitcoin investment is the best for them. Bitcoin is the king of all cryptocurrencies. It is never right to compare anyone's Bitcoin with any other coin. When there is a fall in the market, if the price of Bitcoin decreases by 1%, then the price of all other cryptocurrencies decreases by more than 10% and some coins decrease by 50%. Bitcoin is better than all coins in terms of security. When you look at all aspects, Bitcoin is the best of all. Many people first step towards Altcoins due to which they lose all their money. Never think of investing in all these Altcoins. Always invest in Bitcoin and have a long term

Invest in Bitcoin for a long term like keep the investment time frame of 8 to 10 years. You don't need much to invest, just basic knowledge about Bitcoin and a discretionary income to start investing. If you don't have a discretionary income, first find a source of income so that you can consistently maintain your investment. So far, Bitcoin is the only coin that has been the most profitable for long-term investment since its inception.

I have also been like OP before when I usually wonder about the reason why altcoins normally fall when Bitcoin price dip too but know I know better, for a coin that stands out like Bitcoin which have the largest market cap among other coins, what else do we expect? Most investors have that panic sell to start selling their coins when they see Bitcoin falling because they know that it will also affect the price of those altcoins.

The situation with altcoins is still very unclear to me. Personally, I haven’t been able to identify any coins I truly believe in. I’ve never had that experience where I invested in a coin and it exploded by x100 or even x10, even though I constantly follow the news, and try to buy or earn coins that seem promising to me. But I really hope I’ll manage to "hack" the system and eventually find my own super coin. As for Bitcoin, now is probably not the best time to accumulate it. It’s better to wait, since the price is currently high.

Bitcoin always decides the fate of Altcoins because the only reason Altcoins exist is because of Bitcoin. Altcoins always follow the direction that Bitcoin goes. It leads the way & always has. You can actually position yourself to profit from both if you know what you’re doing & can follow Bitcoin Dominance charts.

What do you doubt? I don't know if you invested in altcoins in previous cycles, but as someone who invested in altcoins and made significant profits. I can assure you that making big profits from altcoins is real and many people have done it, not just a few. Many of my friends have left the market after making significant profits from altcoins, shitcoins from previous cycles.

But what you say is probably true in this cycle as I have not seen anyone around me making profit from altcoins, including my altcoin investment. This cycle has been brutal for altcoin investors and perhaps a lesson for those without bitcoin in their portfolios.

Most of the news of people making 100x of gains from altcoins after investing into it are lies. There are real stories but alot of it being spread on social media are fakers looking for people that'll believe them and follow them to stay updated with trending altcoins to invest in. After they have gotten lots of followers, they'll then use their influence to promote and pump any random undervalued cryptocurrency to get quick profits. Bitcoin is the only coin that can decide how the market is going to be because when Bitcoin is pumping, other cryptocurrency will benefit from this as news begin to spread and more investors enter the market.

Yes, you are right. Most of what is promoted on social media is fake. They do this to gain followers on their social media platforms. They confuse people with any currency of their choice, the name of which we have never heard of. Again, we often see that many new currencies increase by 100%, 200%, 500% after their launch. We see this again and hear on social media that new currencies will be launched. We keep trading again and again because we see with our own eyes and new currencies come. If we trade in it, then in a very short time we will make profit. But later we find that we have come to know about fake currencies. In this we have wasted both our money and time.

But if we invest our money and time in Bitcoin, the king of cryptocurrencies, then we will never lose. Bitcoin is the face of the cryptocurrency world. When the price of Bitcoin decreases, the price of all cryptocurrencies decreases. Again, when the price of Bitcoin increases, the price of all other currencies increases. I am not saying that any currency is bad. But we need to stop this trend of jumping into new currencies after hearing about them on social media.

So first invest in Bitcoin for the long term and then try your luck in other currencies.

Exactly. There's is no proven method to multiply your money overnight with altcoins. Especially now that most altcoins are far below their last-recorded ATHs. Even ETH is struggling to get back towards $4.8k. I know it's possible to make money during the ups and downs (volatility), but the risk of loss is simply too high to bear. BTC is a much safer option. Once it "pumps", altcoins will follow suit. The opposite happens once Bitcoin turns bearish. It's the one coin that's used as a reserve asset on the market.

Obviously, altcoins heavily depend on BTC to survive. You and I know that secret, but most noobs don't. Everyone wants to make money without having to deal with the negative effects of volatility. Only those who're smart, will be able to profit off the craze in the long run. Just diversify your investment, and there should be nothing to worry about.

Actually Bitcoin price often influence altcoin price. When the Bitcoin drops, it affects most altcoin. there's a season where altcoin do extremely well even when Bitcoin is stagnant or declining. This periods are usually fueled by rising interest in some parts of the crypto market. Some of this sectors are NFTs,Defi and the rest of them. That's why this periods are usually documented because they are very important and rear. Investors spend their money during this season to buying altcoins hoping for higher interest. due to Bitcoins dominance in the market I think it's wise to hold both Bitcoin and some promising altcoins that will do well.

More precisely, those who make 100x returns on altcoins are people in that project, be it the developers or their family members. But it must also be admitted that in the previous 2 cycles, many altcoins did that and many investors made huge profits. Most of the altcoins with billion dollar capitalizations like ETH, Sol or Doge, shiba...are projects that were only worth a few million to a few hundred million dollars many years ago. That means they also increase 100 or 1000 times.

But this is probably no longer true in the current market as the number of altcoin projects has increased to millions of projects, pushing the price of an altcoin to x100 or x1000 will no longer be easy.

We also have to keep in mind that crypto is now more mainstream than it was before. The market is too saturated these days with so many "meme" coins and ordinary "shitcoins". Therefore, odds of a huge "pump" occurring soon would be slim. Everyone is on-board and wants to make money fast. The only option we have is to wait until Bitcoin goes to the moon, to sell altcoins for profit. That's if you're aiming for 100x - 1000x gains.

You'll be surprised by how the crypto market behaves within such a short amount of time. It's part of the volatile and unpredictable nature of Bitcoin and altcoins. Just remember to never invest more than what you can't afford to lose, and there should be nothing to worry about.

Indeed, I agree with your assumption; it's a reality in the market. Many altcoins haven't hit new ATH yet, while Bitcoin has already hit new ATH several times, including today. The market has changed so much that it's becoming increasingly unpredictable - even the long-awaited altcoin season hasn't arrived yet. Many people expected the altcoin season to come along with a new ATH for bitcoin - but that didn't happen and they're still hoping.

Previous cycles or "altcoin seasons" as some like to call it, indeed have been profitable. But some investors did not have the proper approach and ended up buying these altcoins for the long term, which is like a sure loss.

Of course some people have done it. But this needs some level of cunningness to know when to sell before dropping to the lows. It is not for every trader out there. Only the few who sell at the top will profit.

Yes I hope they understand that bitcoin is needed in their folio to keep some amount of good quality assets in hand.

Just avoid the alts and buy bitcoin for security etc.  There are so many scams out there, just buy and hold.

I have been seeing so many speculations about the altcoin season and many are saying we are already in the season which is why the price of Ethereum and other altcoins are skyrocketing. Well if that is so, anybody buying altcoins should be careful because I don't know why people will start buying tokens that are already at the bull run.
Bitcoin should be the ultimate here since it has much influence in the market compared to any other cryptocurrency. Buying and holding Bitcoin will make us profitable with less risk compared to accumulating altcoins that could become rug pulled any time.