Post
Topic
Board Speculation (Altcoins)
Re: Will 2020 be bearish as well?
by
leea-1334
on 13/04/2020, 10:04:47 UTC
It seems to me that people are now giving more importance to Bitcoin than altcoin. Because there are people in Corona panic all over the world this time. At the moment, very few people will consider investing. Those who invest will first they think Bitcoin is safer. If the Corona Virus 2020 lasts throughout the year, then there is little chance of recovering the altcoin market.

That has always been the case ever since I entered the space years ago. I mean,,, sure, at every random time you have people talking up an alt. Like Ether in 2017. Or BSV even in 2019. Ripple. Whatever coin it was, they had their time, but Bitcoin always held steady no matter what. I think altcoins have to accept their success is dependent forever on Bitcoin.