RE: Crypto Currencies, Will they rise when Bitcoin Rebounds?
Of course the price of Bitcoin will rise. It may take a couple months or maybe a year to reach the heights it reached in 2018. The question posed wasn't will bitcoin rise. The question was will other crypto-currencies rise when the king of crypto-currencies rises. Many people trying to get into the this emerging market are faced with a lot of technology that many people do not understand. Blockchain is revolutionizing the way we transfer data from peer to peer. Many other cryptocurrencies are using blockchain technology . Bitcoin with its current $3600 per coin price tag may be out of the price range of your average or beginning investors. So for the average person just starting out if they purchase bitcoin unless they are investing thousands of dollars they are purchasing a fraction of a bitcoin. With the other 3500 alt-coins in the various exchanges where do beginners start?