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RE: Alts Marketcap Grew 63 Times In 2017 - Total Crypto Marketcap Grew 15 Times
I've heard a lot about bitcoin dominance of the total crypto marketcap.
Do we know which alts are included in that? Is it just the top 100?
I've noticed it now takes 50 mill just to make the top 100, so there's a lot of wealth locked up in hundreds of other alts, too.
May not have been a relevant issue a year ago, but it is now.
All cryptos are included, charts are from coinmarketcap.com. Bitcoin has 52% dominance, but it grew only 14 times. Alts grew 63 times.
I believe it is that what Dracos is saying, i have got difficulty's understanding terms about pc talk and also terms of all the crypto. But With Dracos explanation i have the most chance understanding. And i think he said, When we exclude the for sure quick growing Bitcoin, we still have a market that boomed on other crypto currencies. I did not invest in any, because not understanding enough makes me so unsure . But as far as i understand it now. Best would be to gamble half devided under other strong cryptos, and half on bitcoin. Where i see bitcoin as the strongest and safest, with a possible boom but for sure a slow growing market, and the other crypto as quick money makers as you understand what you are doing, and have the time to play with the coins in your wallet. Do i think right ? @dragosroua
I think you got it right in what cryptos are growing faster than Bitcoin. But I didn't squeeze in any trading advice and I honestly don't want you to invest based on my posts. Make your own due diligence and never invest what you cannot lose.
And I think by "Dracos" you were referring to me, right? Name is "Dragos" :)
ever so sorry Dragos :-( And yes i do not say you said buy this now or now :-) I read in your texts how you think, and based on that i feel like I CAN do this or that. Witch i still dont :-) i need someone to hold my hand when i do that. But i do have some money to play with. I also read my self in on the cannabismarket in Canda now. But that is a other story.
no worries, I am accustomed with people not knowing how to pronounce or write my name, just wanted to make sure it's about me. There's another witness, with the nickname @drakos :)
I pronounce it the greek way. And that is wrong already :-)