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RE: Bitcoin Total Dominance Hitting All Time Lows

in #bitcoin8 years ago

I think bitcoin will continue to rise. It has gone from $700 a coin to $1,800 in 6 months. This chart looks like bitcoin is going down? But that is because there are new alt coins created almost daily. There are thousands of alt coins and only one bitcoin is why this chart looks like BTC is going down but it is still going up in value overall. Btc will always be a store of value. I would be foolish if I said not to invest in Bitcoin. Bitcoin is still a store of value and should not be overlooked because of one chart. You are comparing one coin to literally thousands of coins combined. I say invest in multiple currency's do not put all your eggs in one basket, diversify yourself. Diversifying is for the rich.

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It does not say Bitcoin is going down! Only his "total dominance" value at the moment IS! ;)