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RE: Attractive Bitcoin Opportunity Over Altcoins

in #bitcoin7 years ago

It's tough to say. There is a LOT of worthless and overvalued altcoins right now, so I don't see Bitcoin's dominance going that low in long-term. However, the market share of 'winners' in the space will naturally increase in long-term so don't think it'll ever go back to 80%+ (unless we experience a massive and long-term bear market, where people's confidences in altcoins tend to diminish).

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Haha, thank you for your reply... so we're in agreement then... BTC's dominance will definitely fall somewhere between 25% and 80% in the next few years.

I think everyone should have expected the market to fall over the holiday season... no traders would keep their money in a volatile market while they weren't keeping an eye on it. I'm just going to cease any trading efforts, hold everything and buy in with any Christmas-gift money, totally ready for the January bounce back.

Love your videos.. I'm super excited you're producing daily content.