Post
Topic
Board Speculation
Re: BTC holding it's own trend?
by
coinplus
on 03/08/2018, 14:42:14 UTC
Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...
I understand you probably talk about an altcoin like nano or something or even smaller and have kinda like couple million market cap in total but we call altcoin to anything that is not bitcoin. So, consider the fact that maybe when someone talks about altcoins they might be talking about ethereum or litecoin or ripple or dash or whatever coin they might be talking about.

Hence, those types of coins can't be bought 51% of or so, well they can but it would require insanely a lot of money to purchase that much of a coin and by that time the price of it will increase significantly and will cost even more, you should focus on bigger coins instead of those small ones you consider. In my observation bitcoin will repeat its history again and again in future. It means how bitcoin prices jumped in 2019, similar kind of rally may happen again in 2019 or earlier too. We all must have to be prepared to touch the moon at that times.