No year of altcoins coming. All the big money is pouring into bitcoin.

[tvplus006]

Bitcoin dominance will continue to influence the altcoin market. The strong influence of bitcoins that makes altcoins also follows how bitcoin continues to move either in a pump or a dump.
I've seen the situation in early 2020. when bitcoin got a pump but none of the altcoins followed what bitcoin was doing. strong dominance and investor confidence regarding the new project which is declining all divert their money into bitcoin.
but the current trend seems different. and we have to understand how this market actually works. altcoins respond to market trends that bitcoin creates. and although not all I think most altcoins have gotten a good pump.

This is because bitcoin enjoys great trust among investors and is considered the safest investment. For this reason, when there is a rapid increase in the price of BTC, many traders sell altcoins and invest their capital in bitcoin, which entails an even greater decrease in the price of altcoins.

[ScamViruS]

Every investor wants their invested money to be safe, so they want to increase their investment in Bitcoin without taking too much risk in altcoin. Investors are becoming more attracted to Bitcoin than other altcoins due to past bad experiences.

As a result of which we have already seen the rise in the price of Bitcoin, the dominance of Bitcoin is increasing. However, many altcoins are performing well enough in the current market, which may attract more investors to invest in altcoin in the future.

[cryptoknightt]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I am not so sure because the altcoin market is also moving up then the domination of BTC is only 60% lower than the last bull which is above 70%.
at least for this time if btc goes up then alt also goes up.

Yeah, what did you expect - that institutional investors will jump on the hype train of some obscure projects that have nothing to show except for marketing materials and promises of revolutionary technologies? 2017 altcoin season was driven by retailers, this time retailers are focused on BTC, because that's were the action is. And altcoins have lost their novelty factor, they are already old news, we already have years of performance data, and it's not looking good - alts don't do well in the long run, while Bitcoin does.

actually many people have invested in altcoins, it's just that the numbers are less than btc.

[sana54210]

nobody knows when and how much shitcoin will be pumping. People make speculations all the time but the actual fact is we have no idea. I personally believe this current bull run is gonna unpredictable and yet more altcoins are waiting to explore.

Unfortunately you are right, I wouldn't want it to be true and I would rather only the good coins get the money but you are right, shitcoins get pumped all the time and we never know which one will be pumped next. Why am I against those coins pumping? Because, we are talking about money that could be spent on great coins to go up a little instead of a small coin going up a lot, people think a shitcoin going up 100% is more profitable than a good coin going up 10% but reality is that they pump tens of those bad coins so instead of tens of those coins, we could pump just one decent coin and make profit from that.

Unfortunately that money is wasted on those small bad ones, it could have been a lot better on great things. In the end we are not going to see this stopping anytime soon, people make way too much money from it to stop doing that.

[acener]

Alt-coin also experience a good run this year and we still have more months so we could wait for more pumps this year not just for Bitcoin but also for alt-coin.
Just look at how high ETH and other alt-coin increased ETH also had a new record for it's ATH this year so we couldn't really say that there is no year of alt-coin or alt-coin season.

[Cadaver20]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I think investing in Bitcoin is the safest and most profitable of all cryptocurrency. And that's why investors are investing their money in Bitcoin. Because bitcoin is the king of cryptocurrency.
However, it cannot be said that altcoins have stopped. The prices of BNB, ETH, DOT etc altcoins have increased several times.

[acdc]

I will always believe that if Bitcoin goes bullish, altcoin follows. Though there is most probably a delay in the happening but it often happens. so no, Altcoin will be doing well as long as BTC is doing well

Because all altcoins revolve around bitcoin, so when bitcoin rises in price and altcoins rise together.
Bitcoin is the king of the cryptocurrency market and all altcoins are dependent on bitcoin, if bitcoin has good momentum, altcoins will flourish.

[imstillthebest]

thats a long year of waiting if the only way for altcoins to bloom is when btc reach 1 million dollars  .
 altcoin hodlers are going to get tired of waiting for that golden event to happen and they will definetly sold out thier alts and join the bitcoin bandwagon  but why wait forever anyway when you can earn right away upon investing in bitcoin .
  it all started with btc and it will going to end with btc  . sorry my fellow altcoins

[shushanika]

thats a long year of waiting if the only way for altcoins to bloom is when btc reach 1 million dollars  .
 altcoin hodlers are going to get tired of waiting for that golden event to happen and they will definetly sold out thier alts and join the bitcoin bandwagon  but why wait forever anyway when you can earn right away upon investing in bitcoin .
  it all started with btc and it will going to end with btc  . sorry my fellow altcoins

True, but the reason why I'm investing in altcoins is so I can buy more BTC. If I make the right call (and nowadays, in this bullrun, it's pretty easy), my gains will be much higher then when I put it all in BTC. I'm just riding the waves.

But yeah, in the end, Bitcoin always wins.

[X-ray]

I will always believe that if Bitcoin goes bullish, altcoin follows. Though there is most probably a delay in the happening but it often happens. so no, Altcoin will be doing well as long as BTC is doing well

I think that the fundamental of altcoins will be affecting whether altcoin can follow the bullish trend that already created by bitcoin or not. in fact that this time bitcoin is bullish again but there are lots of altcoins with no fundamental can't follow up the bullish trend that already happened with bitcoin.
People will be pumping only the coin that can be used as speculation.
The result will be going back to the how good the development progress that already created.

[Wahyuihib]

Yes, right. because if bitcoin continues to experience an increase, what is clear is that alt owners will flock to exchange their assets into bitcoin. it is precisely this factor that causes the alt price to fall

[k@suy]

thats a long year of waiting if the only way for altcoins to bloom is when btc reach 1 million dollars  .
 altcoin hodlers are going to get tired of waiting for that golden event to happen and they will definetly sold out thier alts and join the bitcoin bandwagon  but why wait forever anyway when you can earn right away upon investing in bitcoin .
  it all started with btc and it will going to end with btc  . sorry my fellow altcoins

We used to watch how Bitcoin price flatuates actively and good thing it impresses us, impresses new investors and huge name personality in the world of real business but what have we also watched happening in altcoin was a total opposite of bitcoin. Though we may see it rising but not like bitcoin. However, there is also a good thing happens to altcoin whenever bitcoin price gets up, and also happen to altcoin too, it does gets a green arrow indication but maybe we were going to wait for a quite long time before we can say that this yeaf is for altcoin finally.

[raji1995naya]

Everything you have to do now is wait for the BTC to cool down. When these big moves don't happen every day, it's time for a bull run. However, several institutions are still involved in ALTS. So, if we get into those ALTs, we should be able to make a profit.

[X-ray]

Everything you have to do now is wait for the BTC to cool down. When these big moves don't happen every day, it's time for a bull run. However, several institutions are still involved in ALTS. So, if we get into those ALTs, we should be able to make a profit.

I think that it's not only he but we should not even wait until bitcoin goes down. The year for altcoin is also happening at the same time with the time of bullish trend that happened with bitcoin. So many institutions were interesting to create partnership with so many legit projects that already developer useful product on altcoins.
That doesn't make sense to see the money was only going to the bitcoin and the money already spread to the all of the market in the crypto.

[Finestream]

thats a long year of waiting if the only way for altcoins to bloom is when btc reach 1 million dollars  .
 altcoin hodlers are going to get tired of waiting for that golden event to happen and they will definetly sold out thier alts and join the bitcoin bandwagon  but why wait forever anyway when you can earn right away upon investing in bitcoin .
  it all started with btc and it will going to end with btc  . sorry my fellow altcoins

We used to watch how Bitcoin price flatuates actively and good thing it impresses us, impresses new investors and huge name personality in the world of real business but what have we also watched happening in altcoin was a total opposite of bitcoin. Though we may see it rising but not like bitcoin. However, there is also a good thing happens to altcoin whenever bitcoin price gets up, and also happen to altcoin too, it does gets a green arrow indication but maybe we were going to wait for a quite long time before we can say that this yeaf is for altcoin finally.

Altcoins still give us chances to make profits but eventually not all of them turns into bullish even if we always say when bitcoin goes up, altcoins will sure to follow. This year is still a good year for bitcoin and if this will continue to happen, potential altcoins will also be profitable. Altcoin's year will still be visible hopefully at the end of this year.

[Bitstar_coin]

Agreed, this time not all the alts where able to perform like some of the alts that gave x10 and above to the investors, I think most of the Defi project pump and some few old projects like ada, Enjin,
This year bull run is mostly focus on btc, big corporations are investing heavily on btc which is why the price has not really done a huge crash.

[DU18]

Everything you have to do now is wait for the BTC to cool down. When these big moves don't happen every day, it's time for a bull run. However, several institutions are still involved in ALTS. So, if we get into those ALTs, we should be able to make a profit.

many people estimate that bitcoin dominance is only in a short time when bitcoin was able to break its highest price some time ago but the fact is that now bitcoin dominance continues to persist and of course this greatly affects the movement of altcoin prices below it, many investors and traders buy BTC with using altcoin pairs such as BNB and also Eth and of course this has an impact on the increasing supply that occurs in altcoins, making altcoin prices seem reluctant to move higher.

[bitcon]

Bitcoin will not go down at all. I see no reason to wait for something. There was a period when alcoins went down a bit, that's when it was necessary to buy some coins.

And if there is no recession for a long time, what can we expect? This year is completely different from the previous ones, therefore, despite attempts to predict what will happen next, it is better to keep an eye on the situation. But what is happening today can be radically different from what we will observe at the end of the year. Therefore, it is too early to draw conclusions.

[Emitdama]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I don’t know when, but for like a year now the price of some altcoins has been steady on rise, and some of them have broken their last ATH record. So let’s keep watching and see where it goes.

Although I used to think that the altcoins seasons has come and passed with the DeFi trend; if I’m right DeFi has been trending since last year and all know very well how most of the DeFi coins had a really huge run and reached high prices more than we all expected. Maybe that’s the ALTCOIN season you’re looking for , maybe it has happened. And right now what we have the Bitcoin season, a lot of investors are now investing in it. It goes in a circle.

[Kasabus]

I don't blame people for investing in Bitcoin only, not with the altcoins because whether we like it or not, Bitcoin will be the first choice to anyone who came in crypto and they think that they were never disappointed in the end. And absolutely they are not wrong with that beliefs.
Throwback to the 2017 event in which a lot of people are investing in ICO projects but unfortunately, they mostly suffered big losses as the dumps come quickly after Bullrun. And from that, they think that this will happen again and again, and that gives them a reason to stay away from altcoins but just to focus on Bitcoin alone.