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?
in 2019 it was a bad year for altcoin but I am sure in 2020 altcoin will again improve in price and will again be in demand by world investors. so there is no need for a boycott of altcoin because everyone has a time to grow and collapse. we hope that in 2020 we can restore the altcoin price which has fallen last year.
And why you're so sure that something like that is going to happen? What it is going to change in the market of altcoins that is going to bring such a huge change in the attitude that investors have towards them? It is time that people realize the truth, altcoins are never going to be as successful as they were in the past, but this is not bad the few altcoins that remain will be good projects that will be worth your time and money and you will be able to freely invest in them but the rest of the coins are going to disappear.