people said LTC or ETh would take over but seems those are moving down a bit.
With all the gains I make in other coins, LTC, Verge etc.
should i take all profits and put that all in to BTC? as a long term solution?
would BTC be the best one to focus in long term in profits holding and gains?
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I get the impression there are many sock puppet accounts on forums, reddit and elsewhere who spam how great "bitcoin cash/ethereum/insert-altcoin-name-here" is, whenever there's a coordinated pump and dump. Much of the "LTC/ETH/bitcoin cash is taking over!!" rhetoric is intended to compel people to buy (something) to cover the dump cycle where the price crashes. Experts, analysts and stock pickers are also not above using their station to convince people to buy something they're holding to make money. Its good policy to question what people are saying in finance, always. Following popular opinion isn't necessarily something that will allow someone to get hot tips, more the opposite.
The growth potential of altcoins could be higher than bitcoin, at the moment, its tough to say. The negative thing with altcoins is, they get pumped every 3-6 months or so, if even that. The best time to buy in could be when prices haven't moved significantly. That tends to mean they're overdue for a price increase.
Whether bitcoin breaks its all time high depends mainly on whether we can make a coordinated effort to reduce transfer fees and also whether the trading volume of alts remains low enough to make them attractive pump and dump options for whales and big fish.
BTC has been highly speculative over the last few weeks with the price bobbing up and down like a bottle in the ocean. If the speculation diminishes and volatility decreases it could revert back to a HODL pattern. Otherwise, I would say altcoins could be better over the long term if you can find one that is undervalued and overdue for a pump.
