Watch this whole video to understand my theory: I think Bitcoin will rally up over all time highs and the altcoins will rally then fall.
Do you agree or disagree? Let me know your thoughts in the comments.
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Sources:
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
https://www.cnbc.com/2018/10/31/bitcoin-turns-10-years-old.html
On average #Bitcoin adds a zero every 2 years…
On average #Bitcoin adds a zero every 2 years…
2009 – $0
2011 – $10
2013 – $100
2015 – $1,000
2017 – $10,000
2019 – $100,000
2021 – $1,000,000— Bitcoin (@btc) June 30, 2018
Historical Snapshot – December 14, 2014
https://coinmarketcap.com/historical/20141214/
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
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Your insight and analysis has made your channel my favorite of all the crypto channels. Keep up the great work.
Will someone please tell me how bitcoin is any better than a fiat currency? It is volitile as hell thanks to being backed by NOTHING but blind faith.
OK thanks!!
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Until alts are decoupled from BTC price most alts in top 20 will out perform BTC if BTC goes up.
Anyone think we are going to hit new lows then enter a huge run like 2017
Great vid Aaron. 5000 in ETN for 10 years. btc has mooned already im picking a project that has more room to expand. but btc will hit a million one day.
I say it depends on how much you got to lose… if you got 50k+ looking to invest then yeah you probably want something more conservative or “less risky” but if you only got 5K to invest you only got 5k to lose so I’m going with higher risk for higher rewards which is those potential 50-200x Alts so I say it just comes down to your capital
FuxK You !
I hope not. Because I am digibyte user.
No way in hell BTC will be the top performer, i'd doubt it will outperform any of the top 20 coins in a bull market. It's the safest bet perhaps but no way in hell it will be best performer in a bull market, and I have already bet on that. I'd rather spread money over 10 alt coins, some of which have 100x-300x+ potential, BTC does not.
I think your reason is sound. I expect a $300,000 BTC by end of 2022. $10,000 invested into BTC over the course of 2019 I believe will produce a million dollar portfolio by end of 2022. That's my plan anyway.
i whould PICk NEO & BITCOIN ( ONLY )
BTC will outperform most coins but not the top alt coins, those will far outperform BTC
I hate giving investment advice, but Ive made a fortune with crypto, and the truth is everyone needs to start buying Reddcoin (RDD). Why? Its one of the only coins that has ZERO competition. No other crypto offers RDD's product, where it will be directly incorporated in your social media sites (fb, twitter etc) and its use case is extraordinary. Its partnerships are blooming. RDD will be the sleeping giant of the next altcoin surge. Super cheap right now. Great buying time
You should only invest 79% into bitcoin and use the other 1% to invest in a long shot like fidgetSpinnercoin or littleSuzysArtsandCraftcoin. You never know. You could hit the jackpot.
This is awesome. Definitely life changing. This is the time. Start early to have a nice passive income. Thank me later. http://panel.expasset.com/register/bottom/4522b http://panel.expasset.com/register/top/4522b
I used to be an alt coin boy myself and all I can say is that I'm glad so many ppl still believe in xrp and ada. It just means that when bitcoin finally takes off there will be more satoshis for me
I feel like some of these ALTS like Monero LTC Decred eos ethereum atleast one of these will outperform BTC However WHO KNOWS? nobody!
You're wrong.. Dead wrong. The logic is confused here. Obviously btc will push the "pump" then alt coins will follow because btc has greatest liquidity (obviously). People (new money) doesnt go from fiat to Cardano at critical mass for example.
gettin sick everytime I see prices that "high" 2014 *insertMADsmiley xD
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Fuckin shit btc rip alts coin rip
I don't think so. EOS will outperform every other crypto in the next bull run.
King & numero uno of 2019 – Tether ?
It won't outperform Electroneum im certain of that.. Cheers for the great content as always ?