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This decision depends on how well do you think that the Cryptocurrency you are planning on investing at will run on the long term or short term profits. Buying during ICO's means that you plan to hold it long or sell it when it is already listed on exchanges while buying on the Market means that you are using it as a way to spread your wealth into different crypto's that is done by multiple traders.
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Some alternate coins follow Bitcoin because it has become a basis of prices for almost every other alternate coins and Bitcoin is one of the fastest way to convert it into real money and because of this reason, it follows the price of Bitcoin to set their own standards.
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Bitcoin is not always better than other Alternate coins but it has the highest value because it is known worldwide and is usable all over the world unlike other coins that has boundaries. Bitcoin became a basis for other alternate coins because of the technology it is using and the security that Bitcoin has is very commendable.
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Alternate coins were made because they have another platform unlike Bitcoin, Bitcoin's platform works as a mode of transaction and because of its secure way of transacting with others, some alternate coin also uses their platform like a backup and adding some features to make it different from Bitcoin. I do not think that some alternate coin will surpass bitcoin but it may happen in the future if the users are willing to try something new.
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Bitcoin is already changing our future and some companies and establishments are using Bitcoin as an addition in their mode of transactions. Bitcoin is still being developed and the utilization of it in our daily lives would be efficient. Cryptocurrency is being widely known so it is possible that some of this would be presented to the public.
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You do not have to sell all alternate coins in order to gain Bitcoin, because there will be moments that the Alternate coin can have a sudden increase in its price while Bitcoin is stable and does not experience any changes in its value. Hodling is one of the best way to be profitable in the future.
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Physical money have played a big role in our history of barter and trading and even its use in daily transactions are commendable. Paper money was developed when they needed a medium of better transactions and their solutions was paper money. I do not think that it will disappear but will only be less used and be placed in some safe place that can be kept for future use.
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All the prices in Cryptocurrency are currently going down and we do not know how long will it take before it increases again in a stable manner. Hodling Cryptocurrencies and not only Bitcoin is a good way to gain profit in the future. Most prices starts in small values and would take at least a year before they can get really high price like most cryptocurrencies achieved nowadays. Then one should only sell to gain the financial help that he only needs.
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Your brief lecture about Bitcoin is very knowledgeable and even helped someone who already spent a long time in this forum. Average people who currently use Bitcoin as a mode of transaction knows only very little about the knowledge needed to know how and why it works. I guess, the Bitcoin Platform is easy to understand but the Blockchain Technology which is behind most of Cryptocurrencies is complicated to learn and would take time before you can know how, why and what it is doing for modern technologies.
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Cryptocurrency and Regular Currency are two different things that can be both beneficial to the users who are knowledgeable enough to use them. Cryptocurrencies are used on the internet and they can be accessed anytime and anywhere if you have access to the internet. The value of cryptocurrency can increase while the price of Regular Currency is stable and the only thing that increases is the price of the things we need to buy.
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The price of Bitcoin might not increase forever and might stop in a specific price or reach a high cap of value in the future. If the price increase never stops, then that would mean that the state of economy is also increasing or might even be decreasing. The price of Bitcoin might stop in a price that is high and still be a basis of value of other Cryptocurrencies.
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It is already one of the most trusted Cryptocurrency due to the fact that it is a cryptocurrency that became a basis for other cryptocurrency and it is still being developed in todays technology. Blockchain technology is implemented in many platforms but Bitcoin is one of the first ever user of this technology.
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The question is when will Bitcoin lose its popularity. There are many factors that might affect the popularity of Cryptocurrency. Cryptocurrency is famous in helping most of its users financially. But for Bitcoin, it is still the number one cryptocurrency that became a basis for other values of Cryptocurrency. Therefore, it might not lose its popularity.
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Bitcoin is one of the most important invention that man had ever created. Blockchain technology is revolutionizing almost every platform that is implemented in companies and used widely in the world. Bitcoin is one of the most popular cryptocurrency that has a high value and already reached milestones for itself and it is setting the standard for other cryptocurrencies because it is becoming a basis of other Cryptocurrency.
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Investing in Alternate coins will take time because you need to learn about the Coins that you will be investing on. Investing takes a big decision and you need to rely on your knowledge before you can decide on how you will invest your money. Some alternate coins are worth investing on because some platforms are really good to use.
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