Quote from: HabiebRiziq on December 22, 2019, 10:50:14 AM

Quote from: Aveatrex on December 09, 2019, 11:49:47 PM

Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?

When compared to altcoin I think people will prefer to invest in bitcoin because if you see it often the price of bitcoin returns and it makes people prefer to invest in bitcoin because they feel that investing in it only has a small risk and we can see that lately the price of bitcoin is very low and it is a good time to buy more but that does not mean that altcoin is not profitable because I personally have several lists of altcoin that I think are potential.

It is really better if we will invest in bitcoin than altcoins. There are garbage altcoins out there so we will be cursed if we will buy one of then. Several altcoins are keep delisting in the market because of their poor characteristics and features. It is now hard to see an altcoin that can meet our expectations where we can have a profit and not a loss.