Bitcoin or altcoins

[Leo]

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

Looks like Altcoins are currently undergoing massive changes in the crypto market, I think right now it is appropriate to do something about Altcoins and also Bitcoin seems promising for the future.

No any significant changes from altcoins if bitcoin dump they dump, if bitcoin pumps they pump, as OP said, in bear market altcoins falls faster and I don't think that such perspective can or would change any time soon, the dominance is what's playing the effect here

[add1ct3dd]

The top altcoins are indeed very good, especially for long-term investments it will be profitable,
BNB itself I think almost everyone knows that it is a potential altcoin and many invest in BNB
for Matic and Cardano I think the two coins will develop even further

Top coins can perform better even at a short period of time because they are already known and many investors won't doubt investing on them but for a non top coin, their growth is slower at first because people won't put a trust on them easily but they can show their true form in the long run. That what makes them better for a long term investment compare to the top coins.

BNB is not foreign to us because it came from binance and we all know that binance is the leading crypto exchange now but that alone doesn't make bnb shine but also because bnb can do some amazing things. It can work perfectly as alternative to eth networks. Matic can do the same but about ada? the coin has its own charm.

[wozzek23]

As long as you are doing your research, alt coins may provide decent to huge amount of profits.

If there's a good usage for a certain project, collecting those assets will be good for your long-term investment. It's been
proven by those who bought ETH and BNB, they are all enjoyed from what the success these two coins provide.

But, it's also better to have Bitcoin the most, in terms of long-term holding Bitcoin is still the best option, in my own opinion,
as others may have their own choice of assets to invest.

If a coin has a good use case, there will always be people that will buy it because they can use that coin on a certain service. That makes that coin increase over time. That is why it is one of the famous advises for the investors but we cannot deny that until now there are still investors that are hard headed and will not follow an advice like that because they still invest on shitcoin, meme coins, or coins with no real world usage.

That's why they lose. Eth and bnb can be a perfect example for a coins with good use case but there are also top coins which have the same purpose like them but I wonder why people still prefer eth and bnb? though yeah we cant disregard btc, this should be the base of our portfolio.

[Maestro75]

I prefer altcoins than Bitcoin because potential altcoins can give high return. On the other hand, Bitcoin is more secure and trustworthy. If you want to invest on altcoins then you can choose top 50 coins from CoinMarketCap. I hope you'll get your desire profit.

But bitcoin is the one enjoying and gaining price as Ukrainians are getting massive donations and support through it with the war on. Although I know that there were few altcoin addresses given out for donations to Ukraine but the one for bitcoin has caused its price to rise. If I have to choose between bitcoin and altcoins at this time I will go for bitcoin.

[DanWalker]

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

Looks like Altcoins are currently undergoing massive changes in the crypto market, I think right now it is appropriate to do something about Altcoins and also Bitcoin seems promising for the future.

Now more and more Altcoins have great potential in the market, they continue to grow and support strong finance makes me not hesitate to make Altcoins as a long-term asset and investment, several coins such as Solana, Luna, Polygon and so on to continue to increase and now We deserve to make a larger portion when the Bitcoin market looks stagnant like now.

There are many altcoins in serious development that are backed by reputable investment funds. It's no longer a mess just to pump and dump, lots of potential altcoins well worth the investment.
Bitcoin does not stagnate, but bitcoin has increased many times over its original value. Bitcoin can't bring huge returns like today's altcoins, but it's a safe investment that shouldn't be overlooked.

[ReiMomo]

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

Looks like Altcoins are currently undergoing massive changes in the crypto market, I think right now it is appropriate to do something about Altcoins and also Bitcoin seems promising for the future.

Now more and more Altcoins have great potential in the market, they continue to grow and support strong finance makes me not hesitate to make Altcoins as a long-term asset and investment, several coins such as Solana, Luna, Polygon and so on to continue to increase and now We deserve to make a larger portion when the Bitcoin market looks stagnant like now.

There are many altcoins in serious development that are backed by reputable investment funds. It's no longer a mess just to pump and dump, lots of potential altcoins well worth the investment.
Bitcoin does not stagnate, but bitcoin has increased many times over its original value. Bitcoin can't bring huge returns like today's altcoins, but it's a safe investment that shouldn't be overlooked.

Altcoins do have a great potential in the market. New investors are towards altcoins now a days when there is an ATH to Bitcoin. But yes Bitcoin always gets its demand in the market. At times, 70% of investment goes to Bitcoin and 30% takes altcoins. People who are new to crypto, confidently give a try to altcoins but yes after a thorough study. Now a days new investors are ready to choose both.

[lalabotax]

No any significant changes from altcoins if bitcoin dump they dump, if bitcoin pumps they pump, as OP said, in bear market altcoins falls faster and I don't think that such perspective can or would change any time soon, the dominance is what's playing the effect here

Sometimes not all altcoins drop when Bitcoin price dumps. Stable coins and some altcoins that have good news still can increase their prices. But I agree that most altcoins follow Bitcoin price trend. So, what trend happens in Bitcoin, will be very crucial as it can bring some impacts to the altcoins market. This should be our consideration whenever we want to buy more altcoins. Don't buy altcoins if Bitcoin seems to have a dump, better to wait for a good trend in the upcoming weeks.

[Uang_kartal]

Altcoins do have a great potential in the market. New investors are towards altcoins now a days when there is an ATH to Bitcoin. But yes Bitcoin always gets its demand in the market. At times, 70% of investment goes to Bitcoin and 30% takes altcoins. People who are new to crypto, confidently give a try to altcoins but yes after a thorough study. Now a days new investors are ready to choose both.

That's careful, bro, I've been upside down, prioritizing new altcoins or tokens like shitcoins, I've even bought them. Indeed, the speculation is palpable, especially if you haven't entered CoinMarket Cap, indeed everything can't be evenly distributed and it's not wise for me to buy from an emergency fund that I use it for daily needs. Indeed, we must learn from events that have been experienced, especially cryptocurrencies, unlike banking or the line of thought that someone controls, regulates and provides plans for sufficient supply and demand.
it seems that if I am more than 50% and most of the bitcoins will help me from all market conditions, I will try that bro and prioritize to bitcoin

[monineklutak]

No any significant changes from altcoins if bitcoin dump they dump, if bitcoin pumps they pump, as OP said, in bear market altcoins falls faster and I don't think that such perspective can or would change any time soon, the dominance is what's playing the effect here

Sometimes not all altcoins drop when Bitcoin price dumps. Stable coins and some altcoins that have good news still can increase their prices. But I agree that most altcoins follow Bitcoin price trend. So, what trend happens in Bitcoin, will be very crucial as it can bring some impacts to the altcoins market. This should be our consideration whenever we want to buy more altcoins. Don't buy altcoins if Bitcoin seems to have a dump, better to wait for a good trend in the upcoming weeks.

Bitcoin is still the benchmark for some altcoins and we can see it either when it increases or decreases,
before deciding to buy at least we research and analyze first about market conditions,
it's important so that we don't make the wrong decisions

[Lordshiva]

Buy alts when you see btc standing stable in sideways because that gives an opportunity for the whales to divert their money in alts and that is when casual traders like you and me can make money. The best part of altcoin trading is, they must be traded in USDT and not against btc because if an alt falls against btc and btc too falls in price, then you are at higher loss compared to what you will lose when you check the USDT price while buying that alt.

[breathlessz]

No any significant changes from altcoins if bitcoin dump they dump, if bitcoin pumps they pump, as OP said, in bear market altcoins falls faster and I don't think that such perspective can or would change any time soon, the dominance is what's playing the effect here

Sometimes not all altcoins drop when Bitcoin price dumps. Stable coins and some altcoins that have good news still can increase their prices. But I agree that most altcoins follow Bitcoin price trend. So, what trend happens in Bitcoin, will be very crucial as it can bring some impacts to the altcoins market. This should be our consideration whenever we want to buy more altcoins. Don't buy altcoins if Bitcoin seems to have a dump, better to wait for a good trend in the upcoming weeks.

Bitcoin is still the benchmark for some altcoins and we can see it either when it increases or decreases,
before deciding to buy at least we research and analyze first about market conditions,
it's important so that we don't make the wrong decisions

but it is undeniable that bitcoin is the benchmark to see the altcoin season arrive. when bitcoin rallies there are usually several altcoins that follow it and there are many altcoins that still haven't reacted, so bitcoin starts to range and there will be many altcoins that react to follow bitcoin's movements, from some altcoins there are those that have increased by thousands of percent, and our job is to analyze which altcoin will give good profit

[Sebas.tian]

Buy alts when you see btc standing stable in sideways because that gives an opportunity for the whales to divert their money in alts and that is when casual traders like you and me can make money. The best part of altcoin trading is, they must be traded in USDT and not against btc because if an alt falls against btc and btc too falls in price, then you are at higher loss compared to what you will lose when you check the USDT price while buying that alt.

Yes, bitcoin price always give opportunity to altcoins price to increase in the crypto market. Many traders used BTC price to determine when to buy altcoin and hold for a long term to make a good profit and when not to buy altcoin not to experience losses in the future. Now that bitcoin price is rising in the crypto market which many traders are using the opportunity to buy more of altcoins to prepare for a great future. Since altcoins price is about to increase in the crypto market,it will be difficult for traders to miss their income in this season of profits making.

[Ahli38]

this time alt coins are more volatile. when bitcoin goes up. then alt coins go up to follow faster. And when bitcoin goes down, altcoins go down too. but there are times when alt coins go up massively when bitcoin is sideways. The current market situation is difficult to predict. there are times when the analysis is often wrong. but chart pattern analysis can still be a pretty effective alternative

[Negotiation]

Yes, the crypto market is not fixed in one place depending on the price of bitcoin the price of other altcoins continues to rise. Cryptocurrency allows individuals to make payments using their digital currency with market analysis they can use them for trading, retaining and storing value and of course using currency.

[Uang_kartal]

this time alt coins are more volatile. when bitcoin goes up. then alt coins go up to follow faster. And when bitcoin goes down, altcoins go down too. but there are times when alt coins go up massively when bitcoin is sideways. The current market situation is difficult to predict. there are times when the analysis is often wrong. but chart pattern analysis can still be a pretty effective alternative

yes it can happen, indeed some candles change so combine, each bar and form a pattern, when altcoins point significantly or dip sharply, it can be influenced by several factors, mainly altcoins do not have their own network, although that is not always the case but the fact is that bitcoin's blockchain does which is earlier and supports a lot of new altcoins that have sprung up, which I come across frequently. If in the future you encounter a similar incident outside the btc network, or an altcoin suddenly swells in a bearish trend you need to check the .project, developer and community that manages it. only you who feel that way. I also used to think about price events like this, and this is normal because there are offers and purchases in the market/transactions brother

[bakasabo]

Sometimes, when I think about difference between Bitcoin and altcoins, I like to draw parallels to originals car spare parts and alternative spare parts. Alternative parts have different price categories, from low budget to premium, they can have different quality. But no matter what kind of spare parts you use, using original are always better. Even though alternative premium spare parts can "work" longer.

[strunberg]

Yes, the crypto market is not fixed in one place depending on the price of bitcoin the price of other altcoins continues to rise. Cryptocurrency allows individuals to make payments using their digital currency with market analysis they can use them for trading, retaining and storing value and of course using currency.

mostly altcoin price moved based on bitcoin direction, bitcoin dominate cryptocurrency price movement and its dominance rate could  rise or drop depend on fundamental.at this moment we could use bitcoin as assets  investment or payment in several merchant which is spreaded across the world.

Sometimes, when I think about difference between Bitcoin and altcoins, I like to draw parallels to originals car spare parts and alternative spare parts. Alternative parts have different price categories, from low budget to premium, they can have different quality. But no matter what kind of spare parts you use, using original are always better. Even though alternative premium spare parts can "work" longer.

i think we are not talking about original or not. based on your describtion , i see altcoin as artifical currency in crypto market. bitcoin and altcoin has different definitian and fundamental.we are admit bitcoin as major or mother currency at market , but it doesnt mean as original coin.

[Oasisman]

Sometimes, when I think about difference between Bitcoin and altcoins, I like to draw parallels to originals car spare parts and alternative spare parts. Alternative parts have different price categories, from low budget to premium, they can have different quality. But no matter what kind of spare parts you use, using original are always better. Even though alternative premium spare parts can "work" longer.

i think we are not talking about original or not. based on your describtion , i see altcoin as artifical currency in crypto market. bitcoin and altcoin has different definitian and fundamental.we are admit bitcoin as major or mother currency at market , but it doesnt mean as original coin.

Seriously? You don't think Bitcoin is the original coin or shall we say the original cryptocurrency?
Because the guy above you has explained the difference between altcoins and Bitcoin in a good comparison with car spare parts.
Altcoins were created to fill the gap and demands that Bitcoin doesn't have, but look at the crypto market, Bitcoin still sitting on top. Guess some altcoins created nowadays were just a bunch of crap and only want to make money out of the people that invested to their project lol.

[carlfebz2]

Sometimes, when I think about difference between Bitcoin and altcoins, I like to draw parallels to originals car spare parts and alternative spare parts. Alternative parts have different price categories, from low budget to premium, they can have different quality. But no matter what kind of spare parts you use, using original are always better. Even though alternative premium spare parts can "work" longer.

i think we are not talking about original or not. based on your describtion , i see altcoin as artifical currency in crypto market. bitcoin and altcoin has different definitian and fundamental.we are admit bitcoin as major or mother currency at market , but it doesnt mean as original coin.

Seriously? You don't think Bitcoin is the original coin or shall we say the original cryptocurrency?
Because the guy above you has explained the difference between altcoins and Bitcoin in a good comparison with car spare parts.
Altcoins were created to fill the gap and demands that Bitcoin doesn't have, but look at the crypto market, Bitcoin still sitting on top. Guess some altcoins created nowadays were just a bunch of crap and only want to make money out of the people that invested to their project lol.

Indeed!

This had been a common problem since this market had started on which it is gradually been flooded out by lots of shitty and scammy projects around which means that you do really need to be aware and be careful

because if you dont then you would definitely lost up money that you had invested.Talking or speaking about Bitcoin supremacy compared to other altcoins in the market then it isnt really that actually surprising.
There might be some feature lack on this one which had been criticized by some project owners but it would not really be enough on kicking itself into the top rankings.

[bakasabo]

Sometimes, when I think about difference between Bitcoin and altcoins, I like to draw parallels to originals car spare parts and alternative spare parts. Alternative parts have different price categories, from low budget to premium, they can have different quality. But no matter what kind of spare parts you use, using original are always better. Even though alternative premium spare parts can "work" longer.

i think we are not talking about original or not. based on your describtion , i see altcoin as artifical currency in crypto market. bitcoin and altcoin has different definitian and fundamental.we are admit bitcoin as major or mother currency at market , but it doesnt mean as original coin.

It is not "artificial currency", I meant different. I meant, that all these altcoins are alternative choice. Original spare part is always best, or preferable. Choose whatever you want. But alternative spare parts (or altcoins) allow to make a choice more flexible. You can choose any based on your income, the way you use your car, the goals your car was build for or is in a process of building. Bitcoin - best for a long term investment. Altcoins - good for both long and short term investment. Can be used for pump and dump, depends from trends a lot, easy to be speculated, are affordable for everyone.