Since Bitcoin holding in good position but alt coins are bleeding everyday. It's look all alt coins become shit coins. I will not surprised if alt coin price become below ICO price. Lol. I was wrong that alt coins holding more profits from Bitcoin. I have more than 50% loss on alt coins. Although I am not going to sale in loss even I have to hold more than years. But I don't think so market will recover soon. There is too much negetive news about crypto currency. And it's already effects on alt coins.
However current situation but I think this is good time to invest on crypto currency. But invest only whatever you can afford loss.
i hope you dont mind but in my own humble opinion, not all altcoins will die. why ? because there are projects like vechain that has a working product and has many partnerships. And in terms of bitcoin,
bitcoin needs more innovation in able to compete to altcoins.
That's the whole point in the argument over bitcoin versus altcoins. All in all, altcoins do what bitcoin does. Yes, some of them, like ethereum for example, add certain features that expand the idea of a currency. Here I refer to smart contracts and it adds value, without doubt. But apart from that, all coins offer basically the same features, so there is hardly anything that bitcoin lacks while altcoins enjoy.
Besides, the majority of cryptocurrency users are into crypto with mostly speculative intentions and goals. But for this you don't need fancy features, you need hype and recognition, public awareness. And if we look at things from this angle, bitcoin beats all competition hands down.