I hope everyone is doing well, today I will talk to you about a very important topic, Why is it risky to invest in ALT Coins at this time, We have been noticing for a long time, Bitcoin is going up day after day, but if we look at ALT Coin, we can still see that it is in Bearish Sentiment, but why is this happening, And the main reason behind this is Bitcoin ETF, When Bitcoin ETF is approved, since then big giants like BlackRock, Fidelity have been buying Bitcoin constantly, As a result, it is seen that big investors are only investing in Bitcoin, Bitcoin dominance has increased, we are noticing that Bitcoin dominance has been above 60% since Bitcoin ETF was approved and is not coming below it, and this is definitely a bad thing, because until Bitcoin dominance reaches 50%, there will be such a pump in Alt Coins No,

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When the US dollar is weak, there is a fear of recession, people look for a safe investment source, and currently Bitcoin is known as Digital Gold to many, so investors are motivated and think that only Bitcoin is a safe investment system, as a result, they consider ALT coins risky, no one wants to invest in ALT coins, almost most ALT coins are down -70%/-80% from 2021 ATH,
Even there have been many ALT Coin scams in the past, but Bitcoin has no chance of being a scam in the past and in the future,

So when will Altcoin pump?

Usually it is like this:

• 1 Breakout (Pump Phase)

• 2 Bitcoin Sideways or Stabilize

• 3 Ethereum starts pumping,

• 4 Top Altcoins pump such as (SOL, LINK, etc.)

• 5 Meme coins / low caps – end of the cycle

Image collect Pixabay

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Now when the price of Bitcoin is 2× to 3×, investors are interested in taking ALT Coin risks, they think there is a chance to get more profit in ALT coins,
and the ALT coin season comes when the price of Bitcoin does not fluctuate, it is stable in the same place, but people are still not getting much confidence in ALT coins, investors want Bitcoin to be stable,
But I hope that the ALT season will come, even if it is on a small scale,

I hope everyone understands that I am ending here today, everyone be well, Allah Hafez,