Why I am focousing more on $ALTS than Bitcoin

[seramania]

for me it is not a problem if you focus more on altcoins, but my advice is on altcoins that are in the top 10 coinmarketcap. because it can provide profit. but, don't forget bitcoin because I think bitcoin also definitely provides profit, it's just that you can adjust the pattern both between bitcoin and altcoin will definitely be successful

[Renampun]

you don't have to be too idealistic. the point is if it gives you a profit then put more focus there...
I also realized that many people don't really like Bitcoin but prefer Altcoins. some traders are even more profitable on Altcoins than Bitcoin. just focus on your choice.

[cryptonx]

focusing on altcoins is good idea, because by investing in altcoins we can earn more bitcoin right ?
but the fact, a lot of people didn't know how to choose the right alt, because most of people want to find a hidden gems, they want to make a huge profit with small money and its sounds really easy but for sure its hard to do

[devollito]

Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.

[Roidz]

Bitcoin's rise in recent times has had a positive impact on altcoin prices, this is because there are several altcoins that are derivatives of bitcoin and of course not everyone can afford to buy bitcoin so that altcoins can be an alternative investment that is the same as bitcoin and one of the reasons many people choose altcoins today is that the price of bitcoin is too high so that in the end traders and investors will shift to other crypto assets and these assets are altcoins.

[didzi]

Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.

of course in long term people will choose bitcoin, but in short or medium term, i think altcoins is a good choice too my friend
because by investing in altcoins we can increase our bitcoin amount right ? an this investing in altcoins from many way to get more bitcoin

[asriloni]

Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.

People will be always having money to buy bitcoin and more institutional investors mean more money will be going to the bitcoin.
You must see how many institutional investors that already joined in bitcoin. It's not only the retail investors that bought bitcoin but the company and some communities started to consider bitcoin as a potential investment for the future.
Even so many pension funds are going to the bitcoin too.

[Mkmanik]

Bitcoin made a new all-time high, So people moving their profit bitcoin to the altcoin. so why at altcoin I am very bullish. especially on the Defi project, People are very interested now in the Defi project. also at altcoin, people can easily gain 10x or more profit. So right now, Investment altcoin is very suitable to make some easy money. but don't forget to HOLD bitcoin a minimum of 50% of your total investment. because an altcoin is also very risky

[mirakal]

Bitcoin made a new all-time high, So people moving their profit bitcoin to the altcoin. so why at altcoin I am very bullish. especially on the Defi project, People are very interested now in the Defi project. also at altcoin, people can easily gain 10x or more profit. So right now, Investment altcoin is very suitable to make some easy money. but don't forget to HOLD bitcoin a minimum of 50% of your total investment. because an altcoin is also very risky

I'm very much interested on De-Fi projects, but since you said about "people can easily gain 10x or more profit".. can you site an example of a De-Fi projects that has already made investors profitable that high?

[Mahdirakib]

Bitcoin price fixation didn't happen after $12k. Actually btc price rally started from there and bitcion marketcap dominance have increased enough since then. It was staying above 70% for a good period of time. Though it has dropped under that percentage in recent few days and altcoins marketcap increasing now. I think bitcion price really will start again soon, like before. And alts willl move slowly behind it.

[jaberwock]

Bitcoin price fixation didn't happen after $12k. Actually btc price rally started from there and bitcion marketcap dominance have increased enough since then. It was staying above 70% for a good period of time. Though it has dropped under that percentage in recent few days and altcoins marketcap increasing now. I think bitcion price really will start again soon, like before. And alts willl move slowly behind it.

Alts actually do not move slow, they do increase in fiat a lot faster as well, it is the public that has alts in bitcoin form that are upset about the situation. Let's assume that you have 1 bitcoin that worths 10 thousand dollars, and instead you buy altcoins with it, a year later your altcoins worth 0.5 bitcoins but 100k dollars, would you be upset about it?

Basically people want to see altcoins to worth the amount they used to worth, but looking at ETH for example, it was 130-140 dollars a year ago, now over 1k, did bitcoin have the same type of increase? It didn't, that is what I am talking about as real increase.

People think alts are not doing well because most of them dropped in bitcoin price, and many believe "if I kept bitcoin instead of alt, I would have been richer" but they do not realize that they got richer anyway, so whats the purpose of this complaint when you are already richer.

[Mkmanik]

Bitcoin made a new all-time high, So people moving their profit bitcoin to the altcoin. so why at altcoin I am very bullish. especially on the Defi project, People are very interested now in the Defi project. also at altcoin, people can easily gain 10x or more profit. So right now, Investment altcoin is very suitable to make some easy money. but don't forget to HOLD bitcoin a minimum of 50% of your total investment. because an altcoin is also very risky

I'm very much interested on De-Fi projects, but since you said about "people can easily gain 10x or more profit".. can you site an example of a De-Fi projects that has already made investors profitable that high?

yes. You can check chainlink project for that. Take a look here https://coinmarketcap.com/currencies/chainlink/ Chainlink holder made a huge profit and its Defi project. Also adding a photo for better understand

[CuriousGeorge]

Bitcoin marketcap going down because the buying power decrease and many people still need market movement especially for daily trader. It will back to bitcoin in the long term. Only few altcoin with strong fundamental development and use case will survive.

of course in long term people will choose bitcoin, but in short or medium term, i think altcoins is a good choice too my friend
because by investing in altcoins we can increase our bitcoin amount right ? an this investing in altcoins from many way to get more bitcoin

The bitcoin being flooded with so many institutional investors and these investors gave no choice for the small buyers to shift into the altcoins.
As long as you are investing in the legit altcoins and you can also get more bitcoin when you are able taking the decent profit from your investment. That's how altcoin trade was working.