We are all aware that the bitcoin is the last hope when the other altcoins including Ethereum are struggling to survive and even bitcoin has not had any massive pump as it's fighting hard to stay on $8,000 despite numerous fluctuations but will it help bitcoin if we just move our funds to bitcoin which we have invested into altcoin as it will increase the demand of bitcoin if everyone can do that as this will literally do what the whales have been doing to increase the price when they want by creating the demand.
Remember with supply and demand concept and this thing all be happen to altcoin as well. Simple put, if the demand of bitcoin is increasing the its price will goes up also and it otherwise. So, with this scenario you will have answer to your concern.
Even, I just thinking that a lot of investor who has known about bitcoin they will be easily to move their money on it. Moreover for those who has experienced losing a lot of moeny when investing on altcoin then bitcoin is the last choice for them to play safe when investing in cryptocurrency. Just curious, have you try it?
Yes I did the same I have shifted my funds to bitcoin as I have cashed out from some new coins, stable coins and reputed coins like Ripple, stellar and Ethereum and shifted them all to bitcoin leave a small portion of new coins as a result my wallet consist of 90% bitcoin and remains 10% new coins and this has helped me to play safe.