Bitcoin -Investors first choice- bleeds the altcoins

[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

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[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.