The market is now for bitcoin, same as this there'll be market for altcoins. We don't know which is the ath value of bitcoin for this times bullish trend. We're supposed to make our prediction and go choose the trading. Most of the time once after reaching ath it undergoes correction. During those correction there'll be slight fluctuation and then grows again. That's the right time to trade bitcoin for altcoins.
Yeah that is right, when the dominance of the bitcoin is currently going up; it is the best time to trade bitcoins but if the market starting to do a correction then it is the time to trade altcoins because it's dominance is rising wherein a lot of investors are switching into altcoins. Right now I just focusing in bitcoin because it is still have momentum wherein there are still high possibility that it will rise unlike altcoins where there are some that are still stable.
When you do saw the dominance is rising up then its really a bad idea to make up trades with alts but for long term hold or price swing kind of strategy
where you do purchase up some alts for some another switching of market then you can take a shot but you know the risk.
Everything has risk even though some people say that it is a bad idea on to deal with it on this current time but seeing those in reds and
buying or accumulating as much as you can will really give you some advantage thats if the price did really make out some
recovery when people tend to switch to alts market.
Its not a definitely losing state but rather you do make up a gamble because you cant gain anything if you wont take risk.