Post
Topic
Board Speculation (Altcoins)
Re: Can Altcoins do it alone ?
by
ichai
on 04/01/2020, 18:17:33 UTC
We have often witnessed that the growth of altcoin is associated with the growth of bitcoin as whenever there is a pump in the value of bitcoin we have witnessed green days for altcoins too but how long will altcoins be dependent on bitcoin? Do you think altcoin can do it alone and have it's own pump and dump without being dependent on bitcoin? What will it take for altcoin to prosper without bitcoin's involvement?
It will be hard to do alone. People originally invested in crypto because of bitcoin. Now they are still interested in bitcoin due to their past judgment. Notice, as bitcoin grows, so does the market. and now Bitcoin Dominance is still very high and it shows that people are still more interested in bitcoin. Investing in alts now only brings big losses and risks.