Bitcoin Has Been on Fire But Altcoins Haven’t Joined the Party – Yet

Let’s get this party started!

“The theory goes that in a stable investment climate, not unlike stocks, investors will start allocating their resources into riskier assets. From low to high:

Cash > Bitcoin > Alts

As they become more cautious panic, they’ll move in the opposite direction. It’s simplistic, but it makes a lot of sense. Bitcoin and to a lesser extent Ethereum are gateways into the alt world. It’s quite possible that we’ve now reached that point. As bitcoin recovers and stabilizes, market participants may once again feel comfortable enough to roll the dice on the next big thing.”

https://www.ccn.com/crypto/bitcoin-has-been-on-fire-but-altcoins-havent-joined-the-party-yet/2019/06/30/

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