Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
That's the truth and that's what's really happens, investors are tired on investing on new coins, and they just focus on the top coins in the market, last year and this year alone, there are very few projects that prove to be profitable for investors.
Investors cannot go on investing in dubious projects, they will have n choice but to leave ICO and just focus on Bitcoin and the top coins in the market.