In this video, we’ll look at Bitcoin vs altcoins and the price movement in both. When should you hold Bitcoin and when should you move to altcoins? You’ll learn about Bitcoin dominance and what it means for the rest of the crypto market.
I don’t know if you’ve noticed, but I’ve made a ton of jokes before about Bitcoin maximalists. They usually are out in full force when Bitcoin goes down, as alts typically go down in Bitcoin value, while Bitcoin is simultaneously going down against the dollar. This phenomenon makes Bitcoin a better hold to maintain dollar value in a market downturn. If you are not in a stable coin, Bitcoin is typically the 2nd best place to be. However, I think things are changing and I’ll tell you why. So Bitcoin Maxis get out your maxi pads and get ready to soak up the truth about Bitcoin.
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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