As Bitcoin nears $3,000 , I wonder if it may be a good time to pare back. And if so, what other coins offer more potential?
With the current high transaction fees and relatively slow confirmation time, it seems like other coins will gain market share relative to Bitcoin. I would like to see Bitcoin continue advancing because it seems to be the tide that lifts all boats, so to speak. It's rise will almost certainly get more people to become interested in cryptocurrency. Investors looking to get out of fiat currency and get exposure to an alternative asset like Bitcoin probably won't mind the fees or confirmation time but it seems uneconomical for everyday use.
I'm wondering if Ethereum, Litecoin, Dash, etc. would be a better place to invest at this point? Any thoughts are appreciated, thanks!