Quote from: CaptainCrapper on January 14, 2022, 05:54:47 AM

Quote from: BobKnd71 on August 30, 2021, 07:33:43 PM

I have been watching this market for a long time.

It seems that in the early part of a bull market, Bitcoin goes up faster than altcoins (ie Bitcoin dominance goes up.) In the late part of a bull market, Bitcoin still goes up but altcoins go up even better (ie Bitcoin dominance goes down.)

In a bear market, altcoins fall faster than Bitcoin (ie Bitcoin dominance recovers somewhat but has to wait for the next bull market to go really high.)

So, it would seem the correct play is to buy altcoins at this point, and then convert them into Bitcoin (or sell) when you see the bull market ending?

Any thoughts?

[I used to post as BobK71, and am using a new account after some logistical mixup.]

Bitcoin is king coin other word we can say mother coin and alter coin is supporting coin so obiasly we can say bitcoin is best but for trade and short-term profit alter coin is suitable.

Bitcoin will always be on top of other altcoins and as for me, no altcoins could achieve the same achievements that it has reached. When it comes to long-term hold, I would still personally prefer Bitcoin sine it has shown great potential through the years compared to newly existing altcoins. Bitcoin is profitable especially when being held in the long term run because it continuously develops each year.