Quote from: cryptoWODL on January 23, 2024, 09:55:38 AM

Quote from: Out of mind on December 06, 2023, 03:16:46 PM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon.

We may not have seen any coin or coin price remain stable in the cryptocurrency market. The prices of various coins in the cryptocurrency market fluctuate constantly. However, among all the coins in the crypto currency market, the price of Bitcoin has increased the most and we expect the price of this coin to increase in the future.
I think people who compare bitcoin to altcoins are wrong. Because we have seen that when the price of bitcoin increases, the price of alt coins also increases, and when the price of bitcoin decreases, the price of alt coins decreases. This means that the price of the altcoin is dependent on the rise and fall of the price of Bitcoin.

What about Tether, BUSD, DAI, and similar cryptos? They won't be called as stable coins for no reason. I think the reason why BTC increased the most, is because it was the first crypto that is still existing up until now. BTC had some good stats and specs but I wouldn't really be confident and say it can increase more in the future. The future is still unpredictable. Not all times alts and BTC are moving on the same direction.

Also alts has other use case than in BTC. This is another reason on why someone compares them. On the second quote, this is what I'm talking about that BTC is unpredictable. And the more we expect it'll rise, the more it will only go down.