Bitcoin pumped the there is massive dump shown in the Altcoins. whether the Bitcoin is now stable and mostly Altcoin are recovering with slow rate but atleast they recover. I think the mostly an altcoins are recovered on their previous rate in 1-4 days or maybe big pump also. I want to know your thoughts about this Bitcoin versus and altcoin. I know that Bitcoin shows the massive pump and dump at the same time but are looking altcoin give higher profit because they are less risk. What's your thought about this?
Bitcoin always dominates the all crypto market. Its dominance is always at high. The dominance of altcoins can rise or falls with their pumps or dumps but dominance increase with altcoin pumps does not last long.
Your statement is not correct because there is no guarentee that bitcoin rise results in altcoin rises. No guarentee that bitcoin fall results in altcoins fall. These two are positive correlations between bitcoin and altcoins. The negative correlation between them is when bitcoin rise and altcoins fall. With bitcoin and altcoins on the market, you can see all these three kind of price movements.
Bitcoin is the coin you can get more safe when you invest and if you want to get profit.