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

[Fundamentals Of]

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%

It depends. Bitcoin dominance is not the be-all and end-all of the fate or the potential of an altcoin. I would not hesitate to participate in an ICO or IEO which I think is going to be a major player in the crypto world however high Bitcoin's dominance is in the market.

If all of a sudden Jeff Bezos decides to launch an ICO of a truly disruptive and promising crypto project, would you not consider joining? Or perhaps a Warren Buffet and Bill Gates tandem thinking of an IEO? In either case, even if Bitcoin dominance is 98%, I would probably be investing big time to their projects. 

[FLHippy]

Why not? It is the best strategy, buying low, selling high. Every time when people loose their faith, it is the right time to buy. Do not worry whales will not cause a catastrophy scenario because they want to cover their capital.

[thiscomm]

yes I will still look for it. of course, by first seeing how the performance of the new coin development team. if it turns out that the new coins do not have direction and usability when the development process is better do not make investments or purchases, because it is certain that the coins will disappear after being launched especially with the condition of the dominance of the BTC in the crypto market.

[Sirait]

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%

although I know that right now only Bitcoin is really in demand, I will not leave Altcoin and will continue to participate in ICO / IEO.  I'm sure that there will be Altcoin that is able to match Bitcoin valuations in the future, anything can happen in this world, especially in the world of cryptocurrencies and we will be surprised.

[Hans Groober]

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%

When the dominance of bitcoin grows despite the daily appearance of new coins, this means only one thing that investors trust much more bitcoin than other coins.
And in this case, it is best to buy bitcoins than altcoins that are constantly falling in price.

[GM11222]

BITcoin is the best cryptocurrency in world is no match for it

[enhu]

Whikle Bitcoin's dominance hit 60%+ base on coinmarketcap, there is just no chance for me to hold more than 3 BTC right now. The altcoin is where I can have a ton of it so I focus to hold some altcoins like EOS and TRX. Keeping 25k TRX is possible than having 25000BTC. No matter how much I work all day for the rest of my life I wouldn't get that much. I'm looking for new and profitable coin and I hope I can earn thru campaigns.

[Vektrum]

If the dominance of Bitcoin reaches 90%, then still 10% will be allocated to other projects, which means that altcoins are still popular. Do not forget that Bitcoin cannot replace some coins, for example, those that have the function of smart contracts and the creation of tokens. Also, Bitcoin cannot replace utility tokens and coins that have a low transaction price and high speed. Therefore, Bitcoin will continue to occupy its niche and exist in parallel with altcoins.

[shadowdio]

I don't know if that is true, but I only believe if the project is not good or the dev abandoned it then the coin will going to die. If bitcoin dominance hit 90% I'm still looking for a new coin, but I just want to make sure if that is potential so it can be mooning anytime.

[Weng simok]

Although later bitcoin can dominate cryptocurrency, I don't think it will be able to turn off altcoin because every investor certainly has a different view in choosing which assets are best for investment, and we can see now more and more new altcoins are developing.

[ancafe]

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

of course, I have been doing this since 2017. I realize that bitcoin is currently quite difficult to generate, because of that, utilizing new coins from ICO / IEO will be a pretty good way to increase the bitcoin that we have.

many people support projects that have a good concept of new coins because they believe the price will be high, especially if it is a bitcoin pair. it can be a pretty good one. I myself also do that if I have the chance. it's just that, I'm also still looking for bitcoin in other ways, that's just one way that's worth trying to collect bitcoin.

[keziakusayang]

there will definitely be a change, not always bitcoin will dominate the crypto market which reaches 90%. that's the logic that I think of, and look at the amount of 10% available reaching $ 26 billion, a very large amount and altcoin that pops up even more potential to become a big coin like eth, bch and others. it all depends on the community and the team to develop their coins because the future will definitely change.

[arpon11]

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.

At op has saying the truth and I do disagree with this your views. Bitcoin dominants is not going to be temporary. There is a psychological reason for bitcoin dominants to remain with us. Bitcoin represents the type of advance financial system people were looking for and every other coins are just following what bitcoin has done. It is very clear that people prefer having bitcoin than any other coins and some of this coins only become bullish when bitcoin is increasing in pricing . It means there cannot stand on there own.

[TheClownSong]

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%

When bitcoin dominance was at 90%, I think this is the right time to buy altcoin which is in the top 50. Bitcoin dominance that is too high will complicate the cryptocurrency market itself because new investors will be few coming, the reason is the bitcoin price is too high. If the dominance of bitcoin is 90%, in my opinion a new project in IEO or ICO will not be profitable as an investment and altcoin that is in the top 100 is more profitable

[GGmith]

I personally do not want to look for new coins because it is high risk, I prefer to stay in coins that are safe or that have been listed in the top 10 on the CMC market, and this is to avoid big losses rather than investing in new coins.

[MbakNarti]

Seems impossible if Bitcoin Dominance Hit 90%. But, if its happen someday I will put all of my altcoins into Bitcoin to save my financial... 
Also, id BTC dominance hit 90% I believe only major coins can survive and shitcoin die 

[leea-1334]

That is a really good point to ask and even if not 90% and Bitcoin has 70% dominance like Coinmarketcap says, why do we think it is worth it to keep hunting for new altcoins?

I guess the answer is that if somehow your new altcoin can even gain 0.1% of dominance in future, that is a lot of money. For me, if all my basket or Monero, Waves, Litecoin etc all make 5% together,,, I am happy!

[tranthidung]

That is a really good point to ask and even if not 90% and Bitcoin has 70% dominance like Coinmarketcap says

What I saw is people nearly forgot to look at the growth of both bitcoin and altcoins in their dailly liquidity. Liquidity growths give us very strong signal for growth of crypto currency market, in general. When demands increase, price will increase later, certainly. No one can answer when bitcoin will stop its domination in crypto market, like it has been so far this year. No one can answer when altcoins will officially start its season this year, or whether altcoins have their season this year or not.

Like what we all witnessed when bitcoin fell to around $3100 in late days of 2018, but bitcoin has never ended as dead one. It rallied, and brought happiness to most of us, especially investors whom bought at bottom range.

Believe me, altcoins will certainly do bring happiness to loyal, patient investors, whom hold them till the bearish period of altcoins goes away.
Important to remind altcoin investors that what I said only apply for good altcoins, for shit, scam altcoins, yeah, investors should take advantage of any pumps from news to get out, and reduce their losses.

[ATSgrowth]

Bitcoin dominance is almost 70% according to coinmarketcap, the highest in last few years and maybe this is a good indicator that Bitcoin dominance can´t grow more and it is time for alts. 

[digitalblock]

New cryptocurrencies need more for laundered a lot of money. I don't understand why you can't figure it out. It has long been clear that new projects do not aim to become famous cryptocurrencies and implement their innovative ideas. They are needed to turn dirty money into clean money at the expense of investors.