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Author Topic: A GREAT DAY FOR ALTCOINS  (Read 9358 times)

Offline Galley

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Re: A GREAT DAY FOR ALTCOINS
« Reply #75 on: December 09, 2020, 10:24:40 AM »
Of course, everyone is waiting for the altcoin season, but nevertheless, first of all, we should focus on bitcoin, because everything in the cryptocurrency market depends only on the course of the first cryptocurrency. Nevertheless, one should not expect that altcoins will surpass Bitcoin in their growth.
You are right, now almost all altcoins are falling in price in relation to BTC, because there are more investors who invest in BTC. Due to this, the dominance of BTC is at the level above 60%. But I think that the dominance of BTC should start to fall soon, and the prices of all promising altcoins should start to rise.
Not the fact that this will happen. Old investors remember well their failures related to altcoins. That's why they prefer bitcoin. No one else wants to lose 90% of their deposits. Now there are a lot of altcoins on the market that take the capitalization for themselves.

Judging by the present day, it is certain that few will want to take risks and invest their money in altcoins. Ethereum can become an alternative to the same bitcoin. Now a source of income is available there that will at least slightly compensate for possible losses.

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Re: A GREAT DAY FOR ALTCOINS
« Reply #75 on: December 09, 2020, 10:24:40 AM »

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Offline Danus

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Re: A GREAT DAY FOR ALTCOINS
« Reply #76 on: December 10, 2020, 04:22:39 PM »
Now bitcoin is worth 18,300, but not long ago it was worth 20180 and its trend will be bullish, I believe in the growth of bitcoin and believe in the growth of altcoins together. The growth of altcoins is more unpredictable and will come for sure. This will be the main day for holders
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Offline Quantum X

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Re: A GREAT DAY FOR ALTCOINS
« Reply #77 on: December 23, 2020, 06:10:24 AM »
You are right but I can say only on the other side of the coin. This is only true to some among the many specifically to all altvoins that are in top 20 at least.

Offline tor

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Re: A GREAT DAY FOR ALTCOINS
« Reply #78 on: December 23, 2020, 06:14:08 PM »
Now is a good day for Bitcoin, the situation for altcoins is not so good in fact, from the dominance graph we can see how the capitalization of bts is increasing and altcoins are decreasing

Offline Thymoty

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Re: A GREAT DAY FOR ALTCOINS
« Reply #79 on: December 23, 2020, 06:20:45 PM »
I think that the current crypto market is very volatile and it is very difficult to predict the next trend of cryptocurrency. But I need to admit that the past few days have been good days for cryptocurrency, especially for bitcoin.
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