Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.
For me it's hard to see that in the near future any alt coin could overtake bitcoin as the new leading crypto currency. Never say never, but at the moment it seems unrealistic. Bitcoin became so mainstream over the last years that I don't think investors are going to abandon it just for another coin. That is why I agree with your statement that Bitcoin is king. Any crypto investor should atleast hold a bit of his money in bitcoins. There are a lot of attractive alt coin projects out there, but it's very hard to beat bitcoins over a longer period of time.