I used to believe that with widespread adoption, bitcoin's price would eventually stabilize ( especially when compared exclusively to fiat currencies). But after considering the role of altcoins, I’ve come to a new understanding - bitcoin may never truly stabilize. Altcoins will continue to influence and drive bitcoin’s price movements. Even in a world of complete bitcoin adoption, the presence of altcoins will sustain its volatility and that volatility is what makes Bitcoin a continually worthy investment. So the wise move remains: buy, hold and only sell in the future....
Bitcoin dominance is shaped by factors such as institutional investment and the ability of altcoins to move independently. There are a lot of variables. I think that due to Bitcoin's high trading volume and market size, the price movements of altcoins tend to overshadow or undermine Bitcoin rather than drive it. I think the power of altcoins to influence Bitcoin's price is overrated. So buy Bitcoin and buy in the future is the only step that can be taken.