Bitcoin was the first of its kind, i first heard of it in 2011, and didn't think anything of it.... i feel very few people at first didn't invest much, but the people who did invest didn't have to invest much money, when it first came out, if you had invested $10, you would have a nice fortune now....because its sitting in the thousands now, i feel very few people for this reason wont invest in it, even if i did a $1000 now, i think it would take forever to see a huge outcome compared to the first investors. i feel the majority of the overall bitcoin online is from people who first bought in. Due to this i get the impression bitcoin will fall drastically here soon.
Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had.
Any opinions/advice is welcomed
Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had.
Any opinions/advice is welcomed
I see where you're coming from. It's true that people wanting a massive boom will look at altcoins with potential. To buy these altcoins though, you're most likely going to need Bitcoins. And Bitcoin value is still rising, and still has a lot of potential for growth. You're already holding some, so why would you dump it all on altcoins? This is why no altcoin will dethrone Bitcoins anytime soon.