4 ms·
The thing to keep in mind is that if the Bitcoin bubble bursts, then Bitcoin will go down for sure. However, the altcoins will probably recover for a year or tw
by dabockster 9y ago
The thing to keep in mind is that if the Bitcoin bubble bursts, then Bitcoin will go down for sure. However, the altcoins will probably recover for a year or two after the crash. The most drastic thing that would happen is that all the altcoins would be valued against something other than BTC, and the market would adjust accordingly.
At the time of this writing, I have investments in BTC, LTC, XMR (Monero), ARK, and RDD (ReddCoin). While BTC does represent around half of my total crypto investment, I wouldn't be completely screwed since one of the alts would probably take its place. I could see either Monero or one of the Bitcoin forks taking over in that scenario.
So, answering the question, I'd still invest in crypto. But I wouldn't invest in Bitcoin directly anymore.