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.
I am of thr opinion that altcoins as well as bitcoin will help change and shape the world. So i see no reason to believe the word of a fellow man like me over my own intuition and my own believes. Things might look rocky but i strongly believe it will change for good and there will definitely come a time where the cryptocurrency market cap will rival that of forex.