Quote from: Tankdestroyer on May 16, 2018, 12:52:14 PM

Quote from: elemosho.crypto on May 16, 2018, 03:25:02 AM

Bitcoin is still by far the biggest coin out there with the market cap $139.6B, but its market dominance has shrunk significantly from over 85% in February to just 37%.

It is normal for it to lose dominance now that knowledge about crypto have become widespread. People now are trying many different alts(and buying them up), then holding them with the hopes of earning more bitcoin and thus is the reason why we shouldn't be scared about it.

Quote from: gabmen on May 16, 2018, 07:32:34 AM

And we also should only invest what we can afford to lose right?

You are right. Those who will be scared will not see the true reason why BTC is losing dominance temporarily(because of many investors holding alts with the hopes of earning more btc).

I think it's just because people are diversifying more, knowing that crypto isn't entirely just about BTCBTCBTC, even if the majority of coins/tokens have their values tied up to bitcoin.

Well honestly at this point, it's kinda advisable to hold other tokens/coins with their own markets (not entirely tied to btc) rather than keeping your portfolio on solid BTCBTCBTC. Better safe than sorry.