Are You Still looking For New Coins When Bitcoin Dominance Hit 90%

[coin-investor]

There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

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[Ozero]

In this market, everything is cyclical. The hard dominance of bitcoin cannot last long. There will certainly be a period of relaxation of such dominance. In the future, I expect a gradual drop in the level of bitcoin capitalization, since other cryptocurrencies are developing faster than it and this is quite logical and logical. Therefore, it is already worth investing in promising altcoins, even though they are now little known.

[bryant.coleman]

Right now, the total cryptocurrency market capitalization stands at $264 billion. So even 10% share would mean $26 billion, which is a considerable amount. And imagine what will happen, if the BTC exchange rates increases to $100,000 after the block reward halving next year. Then the altcoin market cap can increase to $260 billion, and that means that there will be enough room for dozens of new cryptocurrencies, provided that they have solid basics.

And remember that when ETH first conducted its ICO, the listing price was just BTC0.0005 per token ($0.311 at that time). The plan was to raise $18 million from the ICO, by giving away 60 million tokens. The ICO listing was done after most of the development was over, and even then it took a lot of effort to sell all of the tokens in offering.

Nowadays, many of the projects are going for ICO/IEO even before any development is actually started. All they have is an idea, and some timelines and plans. And many of them ask for $100 million or even more. Just compare this to what we had in 2015 during the Ether ICO.

IMO, there is nothing wrong in investing in a new project. But it should be fairly priced and the initial phase of development should be completed.

[Doranile432]

There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

No one knows if bitcoin dominance will last for long or not so its a shot worth taking and if any existing altcoins are going to die it will be the useless coins and tokens called shitcoins,it will be very good if it happens though,we want only the strong altcoins to remain in this crypto space

[Rikotin]

bitcoin currently dominates the crypto market while old and new altcoins don't look significant in price. I still remember when the market was bad, I dared to make a decision by buying a new coin (Gowithmi) and finally bam. unexpectedly they experienced a price increase of 20x from the price at ico. The point is you have to be confident in every decision you want to make, the market situation will definitely change. You have to be patient because new coins can sometimes be unpredictable, provided they have a strong team I think needs to be bought. New coins have given me many advantages.

[vixcious]

There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

yes, i am always looking for potential businesses. because Bitcoin Dominance cannot keep the high in the long term. At some point, the bubble will explode and the remnant will be distributed evenly to the good alts and worthy businesses.
Therefore, I always believe in the altcoins season, it will make us rich if we have enough patience.

[hongus]

Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

[cryptonx]

Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

i think this is not crazy, and maybe this can be happend in the future my friend
as we can see now, investors started to focus on bitcoin only

[Peterdav]

Most of my investment in Bitcoin, but i have allocation for invest in some new coin especially coins from IEO project.

[Herbert2020]

There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

when it comes to altcoins it has nothing to do with being an "early investor". it is all about entering when the pump is starting and exiting when the dump is going to start.

A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.

what you saw wasn't probably a "study" it was some nonsense by some news site.
bitcoin dominance has always been more than 90-95%. the market cap however has been growing and some shitty sites like coinmarketcap.com (because of their name) are calling market cap as dominance. and the only thing it is showing is that altcoin bubble is bursting.

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

investing in ICO/IEO is always a terrible idea no matter what the total market cap is. even if it was at 5% it still would be a terrible idea!

[aioc]

Do not go crazy. Not where altcoins will not go. If mass market extinction begins, it will affect bitcoin. If investors quit bitcoin, Bitcoin also drops, it will not reach 90% of dominance.

I don't know how come the market will become extinct when it is moving fine, big companies are creating their own coin, volume and price is increasing, the fact is it already reaches 90% according to this article https://cointelegraph.com/news/bitcoin-dominance-is-actually-above-90-new-research-suggests Investors will not quit on Bitcoin, at this point of time when it is always the talk of the time.

[Red-Apple]

there has been a false way of thinking among the newbies which is partly coming from the altcoin scammers, and that is the fact that many of them think that only because there was a cryptocurrency (called bitcoin) that went from zero to 20000 then any other cryptocurrency (like altcoins) should do the same thing.
so they end up investing in those. it is not because of dominance or whatever it is only because they think they can make more money that way.

meanwhile those altcoins go from $1 to $1.5 and fall down to $0.5 while bitcoin goes from $3k to $10k.

[crzy]

New coins, new opportunity for me so I'm still looking and waiting for a good coin who have the best technology. Even if the dominance of bitcoin increases, I'm still confident that altcoins will also have the future so keep holding many altcoins if possible. New coins are risky, so make sure to study that new coin before you buy or you lose.

[rdluffy]

With experience and time in the world of cryptos you'll see that only a few coins worth their value
In the beginning all coins looks bright, but just for some time, until the devs took their money

The most important thing is to deeply understand what's the purpose of the coin you are buying

I have all my money invested in only 5 coins and it's enough

[robelneo]

I never deny or dispute that 90% dominance because it's a fact, but we are on the adoption period every trader, investors, old and new investors are rallying behind Bitcoin, which is the right thing to do, but altcoins still have potential in the future, because they bring something in the table like the smart contract Ethereum has brought to the community and Dapps created by Tron.

[X-ray]

Im still looking for a new coin and why not? Maybe the bitcoin dominance will give a huge impact to the price of altcoin after it has already listed but i thought that is not giving a huge impact to the new listing coin.

I do agree with that prediction but so far with the increase of the bitcoin dominance and is it giving a huge pressure to the new promising coin?

https://cryptorank.io/ieo-platforms-roi

that gives a representation is IEO still worth even the bitcoin has already reached more than 68% market dominance.

As long as that IEO will be running in a good platform and the bitcoin dominance is not a big problem for me. This based on my personal opinion.

[rosezionjohn]

Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

In response to the above question, here's my (deleted) comment:
"I don't think I would be investing in ICOs/IEOs but I would consider existing coins or tokens like eth.
It should be fine as as long as I'm not going to throw in a lot of money into it. My portfolio would look like 90% bitcoin and 10% altcoins."

Let me rephrase that to:
I don't think I would be investing in ICOs/IEOs if bitcoin's dominance reaches that point but I would consider investing in already existing coins like Eth. It should not be that risky investing in existing alts as long as it's only a small part of my portfolio (e.g. 90% of funds goes to bitcoin and the rest to altcoins).




Let's see if that will be reported and deleted again 

[taufik123]

Bitcoin dominance is indeed very influential with the state of the bitcoin market. Project ICO / IEO will be affected, investors choose not to invest first. But not all ICO / IEO platforms, if the platform used has good credibility, IEO will not be disturbed by the high dominance of bitcoin.

[DeepChipolino]

Until I see this study, I will not believe in 90% of the dominance of BTC.
Well, let's say that's true. Yes, I see no reason to be an early investor. But Bitcoin does not provide new technologies. And some altcoins look quite potential. Yes, this is risky. Those projects and coins that will expand and distribute new blockchain technologies will be able to give investors huge profits. Which of ? I do not know. I just hold a little different altcoins.

[fortunecrypto]

I believe in Bitcoin dominance and this actually what should happen, people should stop talking about coins that will replace Bitcoin, there are are so many topics just like that in the past and until now, if we are going to have Cryptocurrency adoption, then it should be Bitcoin adoption first  then it's up to them to discover and adopt other coins too.