I was having a conversation with my friends about crypto currencies and they asked me a question about why Bitcoin price is very expensive and people are still investing in it but other altcoins are still low but people are having a double mind to invest in it.
I didn't talk much I told them that, that was how it was with Bitcoin when it started but deep down me I wanted to give them more reasons but I was short of words so I guess my people here still have something more to say so I would love to hear from you so I can tell them when this topic arise again.
This question will be answered in two different form, I believe that bitcoin price been higher or lower will not make investors not to invest on Bitcoin....when bitcoin is high people will still develop the interest to invest in bitcoin, so therefore you can invest any time you feel like because theirs no time bitcoin can not increase or decrease in value, what we need is to have the capital and purchase when our mindset permits us to purchase bitcoin, even though bitcoin is expensive ensure you have purchase yours and keep, So for the aspect of altcoins you need to understand that bitcoin gives rise to altcoins and without bitcoin experiencing efficient bullrun I don't think that altcoins will increase. So altcoins is a sub of bitcoin and without existence of bitcoin altcoins will not last, if intercontinental government bans bitcoin today I will not reach two days you will not experience the existence of altcoins.