Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?
This phenomenon has been going on for several months and there is no sign of stopping. alts suddenly fall sharply and investors want to pump bitcoin and forget about alts.
This has never happened before and it's really hard to understand.
But in my view, I think this is a good opportunity for us to be able to buy many coins from big businesses like Ethereum, NEO, Litecoin, EOS, ..
When BTC dominance is starting to climb up its just normal for alts market to go down.This is indeed an opportunity for us to buy low value alts at this moment but the question is, do you have the confidence on buying one? For sure you will hesitate on securing those low price altcoins because you do worry that the price would go down even more.Its just a matter of risk taking as an investor yet we cant really be sure if there would be a market reversal for alts or would just simply stay down just like we are currently seeing.It might be a bad view or situation for altcoins but others do see this as a golden opportunity to buy cheap but only excluded to those alts that do have potential.