Bitcoin -Investors first choice- bleeds the altcoins

[abruchifid]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

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[hugeblack]

Although I think the term "bitcoin's dominance" is wrong, I think this quote will give you a better analysis

Altcoins have always, on the whole, followed the BTC price but with higher variance. So if you bought a basket of altcoins, I'd expect it to behave similarly to a leveraged BTC position; when BTC rises, altcoins rise more and the BTC dominance decreases, and when BTC falls, altcoins fall more and the BTC dominance increases.

In other words, we can compare bitcoin "gold" and altcoins "paper money", which you choose to invest?.
I am not saying that altcoins are bad but it is better not to invest in it unless you know what you are investing in.

[alanfox]

BTC is well known then altcoin and BTC is well featured. So naturally BTC is the first choice for investor. But I am not saying that altcoin is bad choice for invest but need to careful and experience in this perspective.

[clonely]

All altcoin getting melt against of Bitcoin, unfortunately. I hope BTC make bounce from here and we all will start to laugh anymore.

[availcrypto]

Bitcoin is a digital coin and it is better than other coin investor have interest bitcoin . It is better idea to invest bitcoin in the market it has huge number of user.

[kayakcrypto]

Altcoins have always, followed the BTC price but with higher variance. So, if you bought a basket of altcoins, I'd expect it to behave similarly to a leveraged BTC position. when BTC rises, altcoins rise and when BTC falls, altcoins fall more & the BTC dominance increases.

[voltagecrypto]

I am not saying that altcoins bad but it is better next few days to invest in it unless you know what you investing. In other words, we can compare bitcoin "gold" and altcoins which you choose to invest?.

[r32godzilla]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

Its because most of the investors leave altcoins but not bitcoin since most altcoins have just now turned to be pump and dump coins and could not deliver anything more than that.

[bungutko]

If you are an investor,  definitely you would have to chosen btc too because this crypto has more advantage than the altcoins with respect to price growth. Though btc is quite expensive than alts,  but the return of investment is much greater compared to altcoins.

[Silenox]

The altcoins have to prove why they came. Bitcoin gains more credibility every day, already has futures contracts and probably will have ETF, this is an air of legality that attracts many investors. Most altcoins have to show the solutions they want to implement so they can be more independent of Bitcoin.

[Drobek]

Too man alts which vague promises. Nice ideas but fail to deliver. Its somehow good this is happening. Only alts with good foundation will stand the test of time.

[ambisyon]

In my opinion,  I would prefer to invest btc this time as I believe it it will make a bullish market  before the gear ends. Altcoins only follows the improvement of btc and that is why alts are still currently down.

[tomahawk9]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

Its because most of the investors leave altcoins but not bitcoin since most altcoins have just now turned to be pump and dump coins and could not deliver anything more than that.

Even when most alts are pump and dumps, they're still profitable and that's why some of them have an absurdly high market cap which kinda attracts investors since you can expect some profits.

But I don't think that (people dumping alts because they're PnD) explains what we're seeing today (or over the last couple of months). I think  the current decline in the altcoin market is due to the fact that the altcoin market has been going through a bearish trend, making the Bitcoin market the more profitable and appealing market.

when will this stop?                 

Who knows? But you need to understand that this sort of trends occur from time to time. There was an altcoin cycle where the BTC dominance wouldn't go past 40%, and this cycle went on for about 3 months (April-May-June), now alts have entered a bearish trend whereas Bitcoin is on the verge of a bullish trend. Maybe this altcoin downtrend will stop once Bitcoin goes full bullish mode and altcoins follow the uptrend.

[Thecryptocurrency09]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

We are all wlaware how bitcoin tend to be legendary in this art of cryptocurrencies that is why there is no doubt that it can possibly lead to the choices or most priority of cryptocurrency investors. Although altcoins are giving enough value to beat bitcoin, loyalty cannot disrupt it.

[Fire316]

   Of course Bitcoins is natural the first investors choice because it is already tested profitable and strong digital coin in crypto market. Even there are potential altcoins in the market investors are very careful to invest those coins. They give  priority in investing in bitcoin because they know bitcoin has a tendency to rise up so high more than its price before.

[Indrawan77]

All of this time the investors only invest in alt coins for profit, so when something is wrong or they have  a better project then they will sell the coin and moved on, and when they sell their coin most of them will back to bitcoin, bitcoin still the best option to invest in crypto, the fame and the adoption in some countries are the prove, and when all investors back to bitcoin then alt coin will be drop down significantly

[pooya87]

again for the millionth time your problem is that you are looking at market capitalization and then call it dominance. that is NOT dominance. the dominance of bitcoin has always been near 100% and it has always been "investors first choice", this is not a choice they made yesterday. they have made this choice a long time ago and it has remained that way and it is mainly because the top altcoins are so bad and everyone except newbie bag holders already knows this!

it is called "pump and dump" not just pump and always pump. when an altcoin gets pumped, after a while it starts getting dumped. but for big altcoins like ETH for example the dump was slowed down to a near halt for a long time because the advertising campaign has been active and was telling the bag holders to bag hold and they listened thinking they will become rich.

[roueen]

If we compare bitcoin with altcoins then we can find out bitcoin is far ahead from altcoins but it also true altcoins are not bad. Peoples are also investing on altcoins.

[HEAUSUCE]

Bitcoin dominance in this crypto market and they are belongs in the top position of this market. Altcoins are under bitcoin and these coins are also risky than bitcoin. That’s why bitcoin is so much popular among the peoples.

[batang_bitcoin]

BTC Dominance hit 54%

when will this stop?                 

This bleeding can never be assess on when it will be stopped. Altcoiners are converting their coins to bitcoin as an usual first choice of investors.
We don't know if there's a group buy and sell out there that makes the market bleeding.

[RetiredPlanBTC]

Actually when any coin getting high price people wants s to invest there so if the btc price raise again altcoins users may sell their coin and will try to invest in btc so altcoins may bleed.

[Heleacce]

All altcoin getting melt against of Bitcoin, unfortunately. I hope BTC make bounce from here and we all will start to laugh anymore.

Because almost all altcoins have pairs with BTC on exchanges BTC will always lose less on valuation than altcoins. We should have a decent bounce up in a week or few days from now.

[Bitocek100000]

I do not believe my eyes when I watch the courses of altcoins. $ 263 Ethereum, unbelievable and scary. Looks like a sale at IKEA. I hope this ends in September.

[zxrcoin]

There many altcoin available on crypto world but all altcoin are not still matured. That’s why BTC still best to invest but hope altcoin improve gradually and then it will stay neck to neck with BTC.

[artaks]

Basically in normal market when we see any company offered us good product that time we switch our brand based on the same scenario happen in crypto market like when the price of BTC will high that time many of them wants to buy this coin and they will be switching their coin so it may happen that altcoin may suffer.

[Fromand1993]

It just shows the trust people put on Bitcoin rather than the Alts. The current situation of the ALT market is due the recent ETF rejection, which is true but it was caused by Bitcoin since a lot of people started holding BTC instead of ALTs because they thought Bitcoin was a much more reliable option to invest on where it caused the dump for the Alts.

[Stumbleupon]

Bitcoin was always the most dominant coin in the market. It is the first discovered cryptocurrency in the market and still ranks first among all other cryptocurrencies. I think domination of Bitcoin will rise further in future.

[taylorsara]

Bitcoin is the first coin in cryptocurrency which used the Blockchain perfectly. Altcoins are very in number. In case of investing in Cryptocurrencies, BTC will be the first choice as are mine also. I suggest investing in a portfolio which assures every coins existence as well as a nice stable profit.

[coinscircle]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

I believe that at this time you should only invest in bitcoin to reduce the risk, you can see that bitcoin prices are constantly fluctuating and decreasing in the past days and the price of altcoin is ongoing. Plummeted and still no sign of recovery. Currently the market capitalization is only $ 200 billion so I think you should only invest in short bitcoin.

[MinerFTW]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

In my opinion, this will stop when fake ICO projects and coins are reduced. People are investing in projects with no progress and stagnation (not all of them of course). That's why the market is declining.

[Utouippe]

I think it's a good news for the market. Bitcoin is the most potential coin in the market and it alone holds almost half of the total cryptocurrency market capitalisation. Soon the price of Bitcoin will start rising higher and market will recover back its position.

[Roaring Goblins]

The alt market bleeding right now cannot entirely be blamed upon Bitcoin. People might have converted their ALTs to Bitcoin and after the bubble of ETF popped the down trend started. ALTs market bleeding is just another sign of this bearish trend in my opinion. More or less, all the coins are bleeding right now.

[crazymelons12]

It is hard to replace bitcoin in the top spot. The popularity of bitcoin have played a very important role for its survival. So dominance over other coins  may take even a longer time than what we might expect. Bitcoin will always be the king of cryptocurrency until an altcoin might just solve all weaknesses of bitcoin and put it as an additional feature onto itself.

[acheampong64]

The actual true fact is that Bitcoin controls the crypto world and for the altcoin to gain independence, BTC dominance has to drop to a very low value which will be very difficult to happen. Anyways when BTC moons and soars high above, the alts will gain momentums as well.

[rexxarofmoknathal]

The actual true fact is that Bitcoin controls the crypto world and for the altcoin to gain independence, BTC dominance has to drop to a very low value which will be very difficult to happen. Anyways when BTC moons and soars high above, the alts will gain momentums as well.

Absolutely right! Bitcoin is at the top so for any investor BTC is a very big attraction. Its almost like why would you waste time with the altcoins when you can go big on BTC - its what I suppose, anyways.

[levvv]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

Looks like this is occurred because SEC delayed decision regarding bitcoin in ETF. That maybe the reason for bitcoin's dominance.
But do you think the delay will be short ? i dont think so. So, this bleeding market will continues until there are any good news on altcoins.

[elwiswoodie]

yes in cryptocurrency, investors must choose between Bitcoin and Altcoin, if their choice is BTC then Altcoin will go down,
but if the choice is Cryptocurrency and FIAT, then all Bitcoin and Altcoin will be expensive when investors choose Crypto
the point is, choices that are not chosen will bleed

[malamjumat8]

this happens because at this time the state of bitcoin has fallen again, so it happens like that, with the existence of altcoins, bitcoin can soar quickly. maybe that's what I can say!

[Suketlapangan]

bitcoin is indeed the main coin for investors, now the price of bitcoin is down and surely investors are looking for other coins that can be benefited, like alcoin, and when bitcoin is as stable as they will return to bitcoin .

[Faemon]

This was evident. The investors are invested on altcoins so that the moment bitcoins goes up in terms of price, they will sell their altcoins up and will exchange it for BTC instead. That is why the altcoins bleed. And this is a vicious pattern that has been going on in the market.

[ss890]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

Why would anyone ask when the bitcoin dominance is going to stop! I wouldn't ask that because I am happy that bitcoin is gaining its originality back again. If altcoin are dropping and thats why you are unhappy then there is nothing one can do about the shitcoins really. Thats why legendary investors keep saying that invest into the bitcoin and not the altcoins because one day will come when altcoins would be untouched and no one will inevst a dime into them and thus making bitcoin go saturn! If you dont want to loose anything then just turn everting into bitcoin and see the market growth. It has only one reason, bitcoin is popular and its more addictive than others.

[ShiftLocker]

The Alt market bleeding right now has nothing to do with the Bitcoin dominance because the dominance increased much later than when ALTs started to bleed. Alts are just following the bearish trend right now which is causing the Alt market to crash. The scenario is similar with BTC but not as bad compared to the famous ALT like ETH.

[cryptojohnn7]

BTC dominating crypto world. BTC is best to invest than altcoin but if anyone has different purpose to invest on altcoin then it’s 0k.

[Juggy777]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                  

I believe you have totally misunderstood the correlation between Bitcoins and Alts, if you were observing prices you would have noticed that, as and when there's a rise in the prices of bitcoins, a similar kind of movement is seen in the alts market.

However there's something you should know, whenever alts crash they do not recover as fast as bitcoins does, so investing in alts is a huge mistake unless you're sure what you're doing.

In my experience with Bitcoins and Alts, I have always seen that whenever alts take a beating they take long to recover, whereas Bitcoins starts it's recovery faster, primary reason is traded volumes, sentiments of the community, which will always be higher in bitcoins than alts. Hence blaming bitcoins is wrong, Bitcoins is the original crypto and you should focus on it, if you already have alts then simply hodl them as their recovery will take quiet a while.

[poonampawan]

BTC is the first coin and most people believe in BTC more than other coins. Almost all the informed investors have more than 50% of their portfolio in BTC for the same reason and that's why alts are bleeding more than Bitcoin. Trust is the big factor here. This is just a bear market, it'll end sooner or later

[louie69]

In my views, I think that btc dictates the cryptomarket trend even the earlier times when cryptocurrency had started to emerge. It is actually no longer an issue that btc usually the first one to make an uptrend movement and later the market for altcoins will usually follow. So, investors should not make it a problem as what is important, there will be a bullish market right after the bear market ends.

[chris200x9]

I believe you have totally misunderstood the correlation between Bitcoins and Alts, if you were observing prices you would have noticed that, as and when there's a rise in the prices of bitcoins, a similar kind of movement is seen in the alts market.

Altcoin moves up only when bitcoin prices are stable or less volatile. But when bitcoin prices move up or move down mostly altcoins goes down because if bitcoin goes up people move their funds from altcoins to bitcoin and if bitcoin goes down then in a panic they less even faster altcoins.

However there's something you should know, whenever alts crash they do not recover as fast as bitcoins does, so investing in alts is a huge mistake unless you're sure what you're doing.

If you invest on a good altcoin then they may go up even faster than bitcoin but it all depends on what kind of coin one is holding.

In my experience with Bitcoins and Alts, I have always seen that whenever alts take a beating they take long to recover, whereas Bitcoins starts it's recovery faster, primary reason is traded volumes, sentiments of the community, which will always be higher in bitcoins than alts. Hence blaming bitcoins is wrong, Bitcoins is the original crypto and you should focus on it, if you already have alts then simply hodl them as their recovery will take quiet a while.

I do agree that one has to hold altcoin instead of selling at losses but make sure it is not a shit coin. There is no point in holding shit coins for long.

[maichimoto]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

altcoins are bleeding more now, but that won't be for too long, next bull run is inevitable. Today, tomorrow, hard to tell, but it seems that the market is preparing for something really big

[Sama517]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

I think we even have more than $80 billion leaving the market cap within the last 3 weeks. With Bitcoin still above $6000, it means the alts have really been severely affected by the market downtown.

[CanyonsBull]

It will be very hard to stop the dominance of bitcoin. There is no altcoins which can compete bitcoin now so i think we should accept the dominance. I don't find it harmful for the market.

[Menawi12]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

Market start recovery right now. Bitcoin price increasing to $6500 and many good altcoin recover from loss. Bitcoin dominance right now more than 50% and i think its not healthy for market because one coin dominating transaction in market. I am believe this condition will stop in next few months after ETF approved by regulator

[ImpulseGhost]

I don’t think this situation is going to change as majority people are dependent on bitcoin. And price of altcoin is also dominated BTC. So the chance of stop bleeding is very less.

[AlexanderCoconut]

 at the end only bitcoin has the best dev team. but in the meantime there's useful altcoins that solve real problems. 100% sure bitcoin will be the reference store of value.

[Champeon]

"I think the time when bitcoin goes one direction and the altcoins go the other is ending.
From now on bitcoin will more and more behave just like another coin.
"

[hometester]

at the moment I think altcoin is falling because people are out of the cryptocurrency and not going into bitcoin

[fairyvibes]

Bitcoin is just the most widely used crypto, the days of massive gains with bitcoin are over , a lot of us are looking for 10x-100x returns so we moved over to altcoins.

[cryptoking252]

"The Alts has just had been nuts, I can just throw darts at one and it will go up...getting
scary haha
"

[cryptocoinshunter007]

"I would go with altcoins rather than BTC. I think Bitcoin will rise in the near term, long
term I think altcoins will dominate."

[bitcoinposts]

if we want to see the benefits of bitcoin first we need to bear the loss of altcoins madly then later we can see the benefits of both bitcoin and as well as altcoins

[DarrinEspacio]

It is very much normal that if someone wants to invest in crypto and after analyzing the market he obviously finds that bitcoin is the best and more profitable then why he will invest in other.

[steve_rogers321]

There is no problem to say that altcoin is riskier to invest on than bitcoin. Because the altcoin price depends a lot on price of bitcoin. This dependency makes the price of altcoin unstable

[larkscrypto]

As long we all will be dependent more on bicoin and invest on it. The situation will never change for sure. Another fact is the price of altcoin is dominated bitcoin. That’s why bleeding wont’ stop so soon

[blackmagic111]

I think this not going to stop soon. As the most of us invests on Bitcoin and thus we make it more dominant. Besides the hands of big group of investors make the situation worse

[SparklesCoin]

When someone try to invest on something, they always look for something secure and more reliable. I won’t say altcoin is the worst choice but people choose bitcoin as it has showed prospect in many cases.

[dreammoney710]

There exist many altcoins and people get confused what could be a better option for investment. As a result, they go for something well established and something that has a strong base, in other word BTC.

[cryptofan999]

People find BTC more reliable when they come to crypto market. This popularity of BTC does drain the users of ATC. I think altcoin will still be existed as they offer low price and other promising services.

[SoliDCoiNs777]

if you are experiencing about this market then you will able to know that how important and famous bitcoin is among the users, if you shut it down then the market will lost it most of the investors so I think it is clear that how important it actually is

[cryptolovers990]

I understand that you are very conscious about bitcoin position among the market , well it is true that most of the investors get interested on it because of bitcoin the market could lost a big amount of investors if they removed bitcoin

[xWolfx]

Never. The dominance will never stop, it's the original and will always be the strongest.

Alt coins are passing through a really bad stage, they can do a lot better and still don't surpass Bitcoin(Which in my opinion won't happen). But yeah, right now it's extremely easy to spot the difference. Let's see how they behave during this year.

Si Oh Vice-president of Octagon said that Bitcoin has the largest market capitalization of all cryptocurrencies dominating the market with the impressive number of 41.4% value share. That is the biggest proof.

[bitcoindigger71]

Bitcoin are more demandable and people are interested to increasing their investment because it is more secure and potential. it will more profitable by increasing its price. altcoin are following bitcoin that's why investors first choice in bitcoin.

[chaoscoinz]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

Many altcoins are actually shitcoins, with little to no innovation involved with the project. They're clones of already superior models. Most of, if not all of these shitcoins will deflate during this culling period on the market. Bitcoin is the founding cryptocurrency, so naturally, many altcoins are tied directly into Bitcoins market movements, so when Bitcoin climbs, shitcoins climb and when Bitcoin falls, the shitcoins fall as well.
    However, not all altcoins are shit. There are many projects that offer real innovation, like new algorithms, faster transactions, smoother network experiences and even new features other coins may not have outright thought of. Most altcoins are traded for Bitcoin, then from bitcoin into fiat. If faith dies for Bitcoin, many coins will die as well.

[pimondcrypto]

Bitcoin are dominate in crypto market. it is made by advanced technology that's why it is more secure and profitable. its price will increasing more than $8000 end of the year. altcoin are following bitcoin. its future more bright.

[jackpot888]

bitcoin are more secure and potential. it will increasing price and dominate altcoin. bitcoin are first choice in crypto market. it will make profit for investor. i want invest here. it future will bright and probable.

[FrozenPhantom]

I think bit coin the first choice for the investor because it have lot of advantage rather than the other coins. Now bitcoin hold more than 6100 dollar so it clearly portrait that it will dominate the other coin in future.

[CrownKit]

if you consider the bitcoin dominance i think this is not the right decision. if you have the ability to invest in bitcoin. you should go for it instead of buy altcoin.

[Nilda]

Bitcoin will always be the choice of investors, old and new. Prospective investors not wanting to get too technical prefers bitcoin. All the others will be just that, alternatives.

[CrashLamb]

Bitcoin or Altcoin investment are both good. And on the other hand bitcoin investment is more profitable than bitcoin. That's why investors are more dependent on Bitcoin as well as for security as well as profit. I guess this is more popular because Bitcoin is secured.

[Asprincess7]

If we compare Bitcoin with Altcoins to others then investors will choose to invest Bitcoin. And because of this bitcoins dominate other altcoins. But we should invest in altcoin beside bitcoin investment for our safety and perfect profit.

[josephpogi]

We have had upto 30 billion $ leave the market capitalization yet bitcoin holds above 6100$, the result is that the altcoins are bleeding out badly and bitcoin's dominance soaring higher than usual? when will this stop?                 

when whales enter again in the crypto market and they want to enter when the chart is good to buy so if you want to become rich soon or in the future now is the best opportunity to buy until the value is sale and then hold it just trust in cryoptocurreny and take the risk.

[muslol67]

Now Bitcoin dominance is very high. Because trust in Bitcoin is much more than trusting others. It is more logical to stay in Bitcoin if you are investing in altcoins during this uncertain period.

Some altcoins lose value in the period. It's causing people to switch to Bitcoin in this sort of situation.

[cryptoshops9944]

Bitcoin is more popular than others altcoin and profitability of bitcoin investment is suitable for big investors. A new investors will try to invest a little for profit in bitcoin but big investors invest big amounts in Bitcoin. For this reason Bitcoin dominance upon altcoins.

[allthebitandbobs]

if bitcoin pumps and is stable money eventually flows to the alts .In bads times they suffer more then bitcoin

[bocah cilik]

Bitcoin has stood for a long time and struggled from time to time so that it has many investors today. That is what causes bitcoin to be the top choice in the finished market. if bitcoin controls the main market I think that is a natural thing if you compare with other coins I think you have to fight harder like ETH coins which are the second choice and have enough value always side by side in each market with bit coins. 

[zheniasom]

Actually when any coin getting high price people wants s to invest there so if the btc price raise again altcoins users may sell their coin and will try to invest in btc so altcoins may bleed.

[Stephen.88]

People realize that the BTC more reliable when they come to the cryptographic market. I think altcoin will still exist when they offer low prices and other promising services. I understand that you are very aware of the bitcoin position in the market, also true that most investors are interested in it because bitcoin market may take a large number of investors if they remove bitcoin. Dominance will never stop, it's the original and will always be the strongest. But right now it is easy to spot the difference. Si Oh, Octagon's vice president, said that Bitcoin had the largest market cap in all electronic money dominating the market with an impressive 41.4%. Bitcoin requires more and more people are interested to increase their investment because it is safer and more potential.

[tanxpresisit514]

Bitcoin will always be the choice of investors, old and new. Prospective investors not wanting to get too technical prefers bitcoin. All the others will be just that, alternatives.

Why is Bitcoin always the first choice? Because it has been proven that bitcoin makes many people more prosperous. Bitcoin users since the first year and the price is only as cheap as one candy fruit, now it can show everyone that bitcoin is worthy of being an investment. Although altcoin appears, it will not be able to replace Bitcoin as the crypto money market leader.