When ALTS are struggling while Bitcoin is shining

[doc]

There are other altcoins that follow the movement of bitcoin where when bitcoin is rallying, the top altcoins in the market often also gain momentum in rallying their price, whether layer 1&2 and meme coins as well.

But most cryptocurrencies that are not included in the top 30 are continuously falling in their price values ​​in the market, but there are also others whose price is rallying while there is a retracement in the value of bitcoin in the market.

if I prefer top coins in investing, because I always observe the crypto market. when bitcoin goes up, the top coins will go up, this is what makes me sure that the top coins are safe coins to hold.
We can buy bitcoin as the main coin to hold. for altcoins we can choose ethereum, BNB, Solanan, XRP, ADA.

[electronicash]

There are other altcoins that follow the movement of bitcoin where when bitcoin is rallying, the top altcoins in the market often also gain momentum in rallying their price, whether layer 1&2 and meme coins as well.

But most cryptocurrencies that are not included in the top 30 are continuously falling in their price values ​​in the market, but there are also others whose price is rallying while there is a retracement in the value of bitcoin in the market.

if I prefer top coins in investing, because I always observe the crypto market. when bitcoin goes up, the top coins will go up, this is what makes me sure that the top coins are safe coins to hold.
We can buy bitcoin as the main coin to hold. for altcoins we can choose ethereum, BNB, Solanan, XRP, ADA.

they are the regular tokens that goes up every bull run. XRP is surprising, i guess it will break its 2017 ATH. there are other popular altcoins but are really disappointing the holders. if you are just as the other shitcoin holders who are expecting a big return, you may have dropped those tokens already.

i'm thinking investors of course will prefer BTC over altcoins but now that it had gone up so high and they felt like its going to burst its bubble in few months, they are now starting to buy the altcoins.

[Ujok]

There are other altcoins that follow the movement of bitcoin where when bitcoin is rallying, the top altcoins in the market often also gain momentum in rallying their price, whether layer 1&2 and meme coins as well.

But most cryptocurrencies that are not included in the top 30 are continuously falling in their price values ​​in the market, but there are also others whose price is rallying while there is a retracement in the value of bitcoin in the market.

if I prefer top coins in investing, because I always observe the crypto market. when bitcoin goes up, the top coins will go up, this is what makes me sure that the top coins are safe coins to hold.
We can buy bitcoin as the main coin to hold. for altcoins we can choose ethereum, BNB, Solanan, XRP, ADA.

right, the best coins are coins listed on the coinmarket such as altcoins Xrp, Bnb, Ada and Eth besides that there are many more good coins to invest in, if investing in bitcoin is also good but requires large capital and has a small risk while altcoins have quite a large risk ... but it depends on the person investing in what coin so that person when choosing a coin must be careful and not rush.

[satpol_PP]

I am sure that many people who also invested some good portion of their eggs in ALTCOINS are now wondering why with Bitcoin seemingly getting stronger everyday and may even make a new ATH in days to come (am hoping this can be true) many alts are not responding well to the pull up.

Now, the answer can be that "Bitcoin dominance is on the rise, altcoins struggle to gain momentum. As long as Bitcoin remains the central focus, the likelihood of altcoins delivering significant returns remains low." Of course, we are sure that alts time is coming though it is not yet there, for now.

Do you agree with this assessment or do you have your own explanation for this dilemma?

I agree with this assessment because it is true and all eyes are on BTC and it will pump more I am surprised to see how after touching $90k from $98k it still recovered back to $98k as I was really not expecting that or I had not that much knowledge about it that it could be recovered. Well, I even think BTC will dump as more sellings will occur but most of the holds are already out at $98k and now there are'nt any holders in the market IMO who wants to book at $98k excepts those who missed the first chance.

BTC seems to bullish now and maybe this time it will break $100k target and set's a new ATH too speaking of alts I did not invest in them till 20 november and still waiting to get some good entry points I think the best time was in the first 10 days of November but that time I did not gave it any importance now I am waiting for some good coins to dump. Let's see when alt season will come what do you think?

BTC seems strong this time, so when I waited for a deeper correction it didn't happen.
bitcoin price is currently at $97K, I see that some people are also hoping for a correction to add to their asset collection in preparation for the bullish season next year, this is what I read from some member comments here. but it turns out bitcoin is still strong and we only see bitcoin drop a little in price and go back up.

[Vx1]

~

I agree, the community in crypto currency is very useful for us especially if we are busy in the real world so that we don't have time to read the latest news. By seeing what our friends share in the community, we can gain knowledge and share experiences there, because that's what we should build in our crypto community. We can share with each other and if we don't understand, we can ask our friends in the crypto community, currently I am more focused on this forum and my telegram community.

This is what I often experience, for example in working on Airdrops alone. Indeed, I follow the Airdrop Channel, and of course the Channel is always updated on the development of the Airdrop that I follow.
However, because it can't be on time, the updates shared by the Channel are missed. And I have a small community that also works on Airdrops, and in my community, they often give me information that is sometimes missed because of my busyness in real work.

[yohananaomi]

There are other altcoins that follow the movement of bitcoin where when bitcoin is rallying, the top altcoins in the market often also gain momentum in rallying their price, whether layer 1&2 and meme coins as well.

But most cryptocurrencies that are not included in the top 30 are continuously falling in their price values ​​in the market, but there are also others whose price is rallying while there is a retracement in the value of bitcoin in the market.

if I prefer top coins in investing, because I always observe the crypto market. when bitcoin goes up, the top coins will go up, this is what makes me sure that the top coins are safe coins to hold.
We can buy bitcoin as the main coin to hold. for altcoins we can choose ethereum, BNB, Solanan, XRP, ADA.

right, the best coins are coins listed on the coinmarket such as altcoins Xrp, Bnb, Ada and Eth besides that there are many more good coins to invest in, if investing in bitcoin is also good but requires large capital and has a small risk while altcoins have quite a large risk ... but it depends on the person investing in what coin so that person when choosing a coin must be careful and not rush.

CMC is a benchmark to ensure that the coin After the best ranking is indeed the one that can contribute to its holder. After Solana, which surprised by overtaking BNB, now are both overtaken by XRP, which can convincingly increase its market capitalization, so this altcoin competition is very interesting and can be used as a reference to be an attractive investment to gain profit when the time comes. I think always do your own analysis or look for the right references before deciding to invest in a particular altcoin.

[Bobcrypto]

There is a difference between an altcoin index achieving greater dominance than Bitcoin because it affects the lack of risk in the cryptocurrency market and the lack of profit for altcoin compared to Bitcoin, and an altcoin/bitcoin pair rising, which may happen without affecting Bitcoin's dominance.


In general, since the risks are high, everyone will prefer to invest in Bitcoin, especially since there is no strong competition from altcoin, so the Bitcoin dominance index will remain high.

I can understand few sentences from your points, the lack of profit from the altcoins market compared to Bitcoin constant profit rates due to consistent demand for Bitcoin; but an altcoins/bitcoin rising may depend on an altcoin demands that may affect Bitcoin dominance rates.
It is difficult for altcoins to attain the level of demands that can reduce Bitcoin dominance rate at the same period because altcoins/Bitcoin pairs are many and each altcoins has different demands rates and at different times. I think this is one of the reasons why altcoins season has not started as many people are expecting.

[Faisal2202]

BTC seems strong this time, so when I waited for a deeper correction it didn't happen.
bitcoin price is currently at $97K, I see that some people are also hoping for a correction to add to their asset collection in preparation for the bullish season next year, this is what I read from some member comments here. but it turns out bitcoin is still strong and we only see bitcoin drop a little in price and go back up.

Well I was right like many of us here who predicted the price to touch $100k soon and it was really a great experience but the way it went back to $98k and be their for some time and directly dumped till $90,200 is just crazy. According to candles BTC did not stayed in that range for more than 2 minutes the buying pressure was too much this shows that now $90k is the biggest support we have.

Well, speaking of alts and BTC I think alt coin season is near and is going to start somehwere from mid December I might be wrong but it is to happen in this month too as if everything is happening in this year then this will also happen in this year too.

[enwi]

There is a difference between an altcoin index achieving greater dominance than Bitcoin because it affects the lack of risk in the cryptocurrency market and the lack of profit for altcoin compared to Bitcoin, and an altcoin/bitcoin pair rising, which may happen without affecting Bitcoin's dominance.


In general, since the risks are high, everyone will prefer to invest in Bitcoin, especially since there is no strong competition from altcoin, so the Bitcoin dominance index will remain high.

I can understand few sentences from your points, the lack of profit from the altcoins market compared to Bitcoin constant profit rates due to consistent demand for Bitcoin; but an altcoins/bitcoin rising may depend on an altcoin demands that may affect Bitcoin dominance rates.
It is difficult for altcoins to attain the level of demands that can reduce Bitcoin dominance rate at the same period because altcoins/Bitcoin pairs are many and each altcoins has different demands rates and at different times. I think this is one of the reasons why altcoins season has not started as many people are expecting.

Every asset in the crypto space has a specific feature, and due to that, the market has varying prices. We can observe how, for various reasons, Bitcoin stays the main attractant because of stability and popularity; in contrast, altcoins offer various possibilities that are not always integrated simultaneously. Simply monitoring the relative movement of each asset that we own without setting the bar too high we can better identify the suitable time to act on the available opportunities. The first major stake is to stay calm or in other words do not allow your emotions to get the better of you and blow off what you have planned in the market of micro niche.