Bitcoin value is going high every minute, and its gonna keep going up too. So all the people who invested their bitcoin in alts for long term are doomed now.
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?
Same here. I can't even see that the alts they've bough or invested in an ICO can keep up in bitcoins price. Bitcoin is the king of cryptocurrencies and will always be. If there are alt that can dethrone it then Bitcoin is already not in the top in the 2013-2015 Bitcoin crises. But alts of course ( those who offer really good platforms and services) might be a major altcoin in the future. Promoting, developing and catching the hearts of people by other crypto is just hard to attain.
This is not true, some times long term investors are those who make more money.
Think investing in BTC when it was nothing...
Today you can invest to a really good ICO with long terms goals
The problem here is that there are so many scam ICO, and even if they are promoting the product in the first place, if they got their money, they don't pursue their platforms goal anymore and say: something's go wrong. Time can only tell the future of the alts industry. And this will be a decades of development.