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❕NEWS Bitcoin is getting Outperformed by Altcoins

microunit

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As the titles says BTC is getting outperformed, by altcoins like ethereum (ETH) and chainlink (LINK) . As bitcoin's volatility hits lowest since late 2018. Also trading volume for bitcoin has drastically reduced for both USD and USDT by an average of 50% and this can be seen from the downtrend that bitcoin has been lately.
 
One major thing to note about Bitcoin ,is that after some time the volatility would be more and the price would increase ,but I have noticed that as Bitcoin continue to increase ,the rate at which it could get doubled continue to decrease in a rapid way ,it's actually a known fact for both small and large investors that are investing in the market to benefit and also earn from the market
 
It is very much normal that during May to July even August cryptocurrency wasn't doing well generally only few coins maintained stability in price, and ETH was among the coins that didn't see much of the free fall in price. BTC fell drastically low back then. But later on it improved and those who kept faith in the coin recovered as it rallied to $70,000 recently..
 
It is very much normal that during May to July even August cryptocurrency wasn't doing well generally only few coins maintained stability in price, and ETH was among the coins that didn't see much of the free fall in price. BTC fell drastically low back then. But later on it improved and those who kept faith in the coin recovered as it rallied to $70,000 recently..
Yeah very true ,many that invested in the $30k range then actually made a lot of profit because of the rally that took place ,instead of selling so fast , they Actually invested and gained more ,I really believe that another rally would take place that would spark the demand of the coin and those that have invested would earn lot of profit from the investment in that manner
 
Yeah very true ,many that invested in the $30k range then actually made a lot of profit because of the rally that took place ,instead of selling so fast , they Actually invested and gained more ,I really believe that another rally would take place that would spark the demand of the coin and those that have invested would earn lot of profit from the investment in that manner
Yeah, those who are making profit around cryptocurrency are the investors with high amount of money, and exercise patience waiting for the market to correct. As for those who invest now with just $10 hoping for the market to go +1,000 within the space of one week, aren't ready for cryptocurrency investment.
 
I think we just need to interpret the fluctuations and surge in price from various angles. It might be possible that other coins might be performing much better than Bitcoin. However, I think that that Bitcoin might perform better than them in the future. Bitcoin has a history of recovering well in the past, but it takes a really long time for bitcoin to recover. This is something that happened in the past as well.
 
It is normal bitcoin to be outperformed by altcoins. Bitcoin is most popular,but for investors popularity isnt reason to invest in something. If you are searching fast profit of course you will choose any altcoin rather than Bitcoin. More chances and higher profit,while bitcoin is like ridden book to some people.
 
I think we just need to interpret the fluctuations and surge in price from various angles. It might be possible that other coins might be performing much better than Bitcoin. However, I think that that Bitcoin might perform better than them in the future. Bitcoin has a history of recovering well in the past, but it takes a really long time for bitcoin to recover. This is something that happened in the past as well.
In the past we have really seen Bitcoin recover so fast and quick , then when it dropped to about $28k ,the recovery rate was massive ,I think this should send a signal to the investors on why they should invest now , because there are belief that a price increase would happen , investor's just have to get prepared ahead of more spark in price that's the most important thing and factors there
 
In the past we have really seen Bitcoin recover so fast and quick , then when it dropped to about $28k ,the recovery rate was massive ,I think this should send a signal to the investors on why they should invest now , because there are belief that a price increase would happen , investor's just have to get prepared ahead of more spark in price that's the most important thing and factors there

I think you are talking about massive surge in price of coin that happened last year, right? I think it did not happen within a few days. In fact, I have noticed that whenever Bitcoin falls, it takes a few months for it to recover well. The good thing about Bitcoin is that it does manage to recover unlike many other coins! For example, Tron dropped A LOT in the past and many investors no longer believe that it will ever recover.
 
I think you are talking about massive surge in price of coin that happened last year, right? I think it did not happen within a few days. In fact, I have noticed that whenever Bitcoin falls, it takes a few months for it to recover well. The good thing about Bitcoin is that it does manage to recover unlike many other coins! For example, Tron dropped A LOT in the past and many investors no longer believe that it will ever recover.
There is still beliefs ,as far as the coin is still active ,it actually took Bitcoin more years to get to to where it got to today ,the traders were more patient that's why they are benefiting more from it currently ,most especially those that bought when it was really really low ,so as far as the person hasn't sold any there is still hope for the funds he have invested to grow
 
There is still beliefs ,as far as the coin is still active ,it actually took Bitcoin more years to get to to where it got to today ,the traders were more patient that's why they are benefiting more from it currently ,most especially those that bought when it was really really low ,so as far as the person hasn't sold any there is still hope for the funds he have invested to grow

Well, I believe that if a coin is taking a lot of time to recover, then it is not worth investing at all. No investor likes to wait for several years. I know that withdrawing money from a coin could be a mistake, but if someone actually wants to invest money, then they should invest money in a reputable coin like Bitcoin or any other coin that has a lots of potential.
 

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