-Market recently over speculated on alts by greed and lack of understanding the nature of what a cryptocurrency is (2017)
-It damaged Bitcoin and severely lowered its market dominance
-Market seems to be readjusting the natural Bitcoin dominance
-Alts could have plenty more downside remaining, Bitcoin probably has a lot of juice remaining
-Punishment of the over greed and over speculative nature of alts, that attracted throngs of average joes
-If you think useless shitcoins having a hundred Million $ marketcap is normal, you will be trapped again
-Reverse = Alts/Btc bubble bursting
-Bear in mind that some alts are more resistant/stronger than some others, please do your own research
-Bitcoin is a strong nascent asset that punishes over bearish behaviour since 2010: wether people short it heavily, wether people over buy alts hoping to make money VS Bitcoin or even Usd, are punished.
Ciao!
-It damaged Bitcoin and severely lowered its market dominance
-Market seems to be readjusting the natural Bitcoin dominance
-Alts could have plenty more downside remaining, Bitcoin probably has a lot of juice remaining
-Punishment of the over greed and over speculative nature of alts, that attracted throngs of average joes
-If you think useless shitcoins having a hundred Million $ marketcap is normal, you will be trapped again
-Reverse = Alts/Btc bubble bursting
-Bear in mind that some alts are more resistant/stronger than some others, please do your own research
-Bitcoin is a strong nascent asset that punishes over bearish behaviour since 2010: wether people short it heavily, wether people over buy alts hoping to make money VS Bitcoin or even Usd, are punished.
Ciao!
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.