Alt coins better or stable during bitcoin lot of movement

[imdad123]

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.
Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

[1714970577]

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[1714970577]

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[timerland]

I reckon it's due to the risking Bitcoin dominance.

During the 2017 boom and drop we saw altcoins follow heavily based on the market, if BTC went up altcoins had to go up, and vice versa. That was when the market was fairly spread out between crypto-currencies.

Nowadays, people are only putting money in Bitcoin and therefore Bitcoin dominance is at all time high, and the altcoin markets are almost a separate thing.

[Herbert2020]

stop blaming bitcoin for the failure of shitcoins.

altcoins are down 80% to 99% because they are pump and dump schemes that have been pumped before and went into unrealistic prices and now that they have lost 99% of that ATH they are starting to get closer to their realistic prices.
it has nothing to do with bitcoin and it being volatile.

[GreatArkansas]

I remember again my experienced before if I can see some topic like this.

Since before, my portfolio are almost 70% altcoins and 30% Bitcoins.
See that allocation? And as we saw the lost of most altcoins are almost 70-90% lost. That was my worst days and months, and I felt relieved when I starting to convert some of my altcoins to Bitcoin in LOST. Well, tough decision but it's okay.

[metallica101]

The problem with altcoins is that most of them have no value or real use, which is what makes Bitcoin and a handful of other coins stand out. They are not supposed to perform well if there is no purpose to them. Imo, it is better for them to fall and disappear, and leave those actually worth something at the top.

[Mandoy]

It does not mean that altcoins are not good for long term holdings. It all depends on what kind of altcoins you are holding right now. Last 2017 I happened to purchase a lot of altcoins (I will not mentioned the name of the coin) and last here it goes up in value and guess what I earned 40k$ of profit from selling my holdings with a start up capital of 40$. So what I mean is that not all altcoins are bad for holding, we have also altcoins in top 10 at coinmarketcap and those are good to hold such as ethereum, ripple, dash and many others.

[dentolas]

nowadays I think things got different since before 2017... after such a long and hard bear season, people started pouring money only on BTC, it has become a financial investment only and the less risky is BTC...
this has produced a very strong BTC dominance in the market, proving it to be the closest to a "store of value"...
also, the alt market was crazy and needed to get a lot of projects out of scene...
but the alts will return, the ones that survive 

[ChrisPop]

Bitcoin is not a stable coin. You will see more violent moves until it matures and more institutional money comes into the game. In my perspective we won't see Bitcoin transform in a forex like currency until it doesn't reach the $1M mark. Even then I still believe we might see further decent volatility.

The altcoins matter is very sensible atm as the bitcoin dominance is still bullish on the higher timeframes, but alts might get a little bit of boost before heading back down. The massive fall in altcoins' price is not just due to the bitcoin dominance ramping up, but many projects' out there failed to prove legitimate use cases, therefore failed to create an economy that provides buy pressure for the respective currency.

[qwertyup23]

There was a time that the price of bitcoin was directly proportional to the price of altcoins and vice versa. But these depend on factors especially considering that most countries prohibit BITCOIN specifically. It is highly advisable to always check the market price, trend, and data before purchasing so you could foresight which coin to invest in.

Regardless whether or not the price is increased/decreased, purchasing bitcoin for HODL can be a good investment. You may also do day trading on bitcoins or altcoins depending on the results.

It does not mean that altcoins are not good for long term holdings. It all depends on what kind of altcoins you are holding right now. Last 2017 I happened to purchase a lot of altcoins (I will not mentioned the name of the coin) and last here it goes up in value and guess what I earned 40k$ of profit from selling my holdings with a start up capital of 40$. So what I mean is that not all altcoins are bad for holding, we have also altcoins in top 10 at coinmarketcap and those are good to hold such as ethereum, ripple, dash and many others.

There are notable altcoins like XRP, ETH, and Litecoin that show positive trends in its prices. I would suggest ETH for long-term though and others for short-term.

[ivakar]

disagree here. bitcoin is better and more stable then altcoins
take for example ltc.  or zec, the price decreased much higher than the price of bitcoin
anyhow market has trust to bitcoins at much higher levels.. so for me bitcoin the only coin to trust

[Kyraishi]

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.
Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

It's not bitcoin's fault mate, the market has just been this way in the recent years and it's hard to see change from this, because most altcoins are so low priced right now it'll take a miracle to breathe new life in them.

It's no longer altcoins following the price of Bitcoin like 2 year ago, they are way more independent and it's on the companies behind them to make sure they succeed.

[Astvile]

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.

So what if it is caused by bitcoin price fall? altcoins are dependant on bitcoin whenever bitcoin pump altcoins dump and when bitcoin is dumped altcoins pump this has been happening already for more than 3 years now and you just figured it out right now. Bitcoin is the one who dictates altcoins price so don't blame bitcoin because of your loss on altcoin if you have ever lost money on trading altcoin.

[shoreno]

disagree here. bitcoin is better and more stable then altcoins

agree on you . bitcoin is better and also stable a little bit but only on this past two months because before bitcoin did do alot of fluctuations and sooner i expect that itll happen again .

on the other hand altcoins are the ones that are stable  .

once they decline , they stay on there and once they recovered or pump they also stay on that position for a longer time  .

[sunsilk]

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

When did bitcoin became stable? it doesn't have that kind of predicted or stable value. And this will continue no matter what the market situation is, it will fluctuate. You can predict base on your analysis to stop or avoid further losses but one characteristic of it is being unpredictable.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.

Please move on. All time highs don't stay that much, let's get into the current status of the market.

Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

This is the problem if your portfolio mostly consists of altcoins and you only have a very small part for bitcoin.

[riyadmozu19]

obviously bitcoin is better than altcoin If anyone invests in altcoin then there have chances to lose their 90% asset but if anyone invests in bitcoin then there have chance to lose their only 10 to 50%. So according to me, bitcoin is best 

[senne]

After 2018 bearish cycle, people have shifted largely towards bitcoin as a safe investment compared to altcoins as many coins died during the bear cycle. Before that, altcoins used to follow BTC price movement largely. But now even after massive price change in Bitcoin, altcoins more or less stay the same. The BTC dominance is increasing day by day. The altcoin volume is pretty less where top 10 coins have the majority percentage. Though altcoins still follow BTC but not that effectively anymore.

[CarnagexD]

it is noted last eight to nine months that bitcoin is not stable.bitcoins movement is very uncertain due to this altcoin are very badly affected.So it is necessary to predict movement of bitcoin to avoid unnecessary loss in altcoins.

It is note able that almost all altcoins are now 80%to 90% negative from their all time high due to this happen only bitcoin uncertainty.
Now this is not clear what happen to next on bitcoin near future because bitcions dominance is increasing and altcoin crasing.So becareful if you holding any atcons for long term investment ...

At the first place we all know that bitcoin is very volatile that's why you can see the changing price in the market. There is nothing worry to hold altcoins especially if you hold good altcoin just like ripple, ethereum and binance coin. Even bitcoin have strong dominance there still a future for other cryptocurrencies. Just do not panic if you hold altcoins but make you invested in top rank altcoins.

[Willitivity]

Altcoins dump alot when compared to Bitcoin  When Bitcoin dumps, Altcoins dump further losing both BTC and USD values. In my own experience, I have had an alt go from $0.015 to just $0.0005 in just a short period of time and with Bitcoin not going down very much. Most projects die and the shitcoin they left behind just dump to hell.

[imdad123]

Altcoins dump alot when compared to Bitcoin  When Bitcoin dumps, Altcoins dump further losing both BTC and USD values. In my own experience, I have had an alt go from $0.015 to just $0.0005 in just a short period of time and with Bitcoin not going down very much. Most projects die and the shitcoin they left behind just dump to hell.

yes you are right

[CryptoBry]

I reckon it's due to the risking Bitcoin dominance. During the 2017 boom and drop we saw altcoins follow heavily based on the market, if BTC went up altcoins had to go up, and vice versa. That was when the market was fairly spread out between crypto-currencies. Nowadays, people are only putting money in Bitcoin and therefore Bitcoin dominance is at all time high, and the altcoin markets are almost a separate thing.

The pendulum is now shifting heavily in favor of Bitcoin as we can see the dominance of it eating the percentage that altcoins commanded months ago. I guess this is quite a telltale sign that people are getting tired of many projects on the world of cryptocurrency that are not actually performing well as expected. Now, coupled with all the scams, frauds and failures we all experienced, the sentiment and confidence plastered to many altcoins are eroding fast.

Looking long-term, this unbalanced situation is, of course, not good for alts and come the Bitcoin halving in 2020 there is a bigger possibility that they can still be left behind except maybe the top 5 or even the top 10 alts.  As of now, we don't know when the market movement can be shifting back to alts but I know that it will only happen if we can inspire more trust and confidence with them.