Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 13/01/2025, 13:23:09 UTC
Altcoins will always be there to rotate the dominance of BTC on the market. Someone has to take the lead for a little while before Bitcoin will again follow the lead and outperform everybody. That's how I think about it.
I actually think the opposite in every moment and also in every market cycle because what often follows the flow or the track of price increases and also price decreases in the market are all altcoins, not Bitcoin that follows the track of altcoins because Bitcoin always has a strong foundation and marketcap volume when compared to all altcoins. So it's a bit strange when you say Bitcoin follows the track of altcoins which in terms of marketcap volume are still much lower than Bitcoin.

I didn't say that. What I described is an alt season - a time when alts outperform BTC in its price appreciation, so to speak. It usually happens after a period of Bitcoin dominance, which is, with time, going down a bit.
It doesn't mean that BTC follows alts, what I meant is - that after BTC rally, there is an alt rally  Wink
This is a bitcoin thread and only bitcoin is has a solid foundation so don't come here and start hyping shitcoins that is not a long term asset. Shitcoin is only for people who love gambling and want to get rich quick over night and at most cases, it's always the opposite. Don't mialead newbies for them to think that shitcoin has a season or is worth investing in, because I see it as a waste of time and resources of anyone buying them and automatically he is hindering his progress to be successful in life unlike if he is investing in bitcoin.

Don't be confused, I understand that you are new don't let anyone deceive you that shitcoins will always follow bitcoin because it has changed currently. Ever since bitcoin hit six digits, it was an eye opener for a lot of people and many people including big tech firm, institutions and government are now investing an buying bitcoin aggressively so that they can have enough and use it as their future reserve because of the power law of bitcoin for it increase exponentially in value overtime.

I will advice you to start investing in bitcoin now with your discretionary income and use DCA to buy every week or month no matter how little it is. Sell your bag of shitcoins to avoid regrets later and invest the funds in bitcoin so that you can join the winners club because shitcoin is the losers club.