If bitcoin rises, people sell. If butcoin goes down, people sell. Too much btc fluctuations make altcoins trading very difficult.
I do not know why many people sell fall, probably due to lack of experience. After all, in fact, if you allow everyone to the market in a row, completely unpredictable chaos will begin. And in addition, people can become smarter, gather in groups and purposefully destroy tokens. Buying them up to 100% and selling sharply.
Topic: Bitcoin down Altcoin down - page 12. (Read 4413 times)
If bitcoin rises, people sell. If butcoin goes down, people sell. Too much btc fluctuations make altcoins trading very difficult.
I do not know why many people sell fall, probably due to lack of experience. After all, in fact, if you allow everyone to the market in a row, completely unpredictable chaos will begin. And in addition, people can become smarter, gather in groups and purposefully destroy tokens. Buying them up to 100% and selling sharply. Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Whh must the fall of bitcoin after other altcoins?
Clearly there is a connection between Bitcoin and Altcoin, because the exchange process takes place between Bitcoin and Altcoin. But the advantages of Bitcoin are still able to compete with high prices compared to Altcoin. Maybe the influence of total supply.
I believe most people use bitcoin to trade and when the price of bitcoin falls it will also affect prices of altcoin and again bitcoin is like the confidence investors have when they notice a crash or rise everybody run to bitcoin/fiat for shelter. Altcoins still have a long way to be independent of bitocin.
yes of course, because bitcoin is a benchmark for all altcoins, it is only natural that the price of bitcoin falls, and all altcoin prices also fall, because bitcoin is the biggest currency, we can see bitcoin dominance in marketcap reaching 55%
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
.Whh must the fall of bitcoin after other altcoins?
Most altcoins depend in the value of bitcoin. As bitcoin drops down, other coins drop down as well. However, the best thing to do is just to wait for the right time until the value of bitcoin and other coins rise again. The market is just in dip but it will surely recover soon.
First and foremost, bitcoin growth plays a key role for all the altcoin. There are times that bitcoin grows, and the altcoin on the spot. This is primarily caused by a greater interest in bitcoin and its application as a means for manipulation.
Today, the falling is the trend of the total market as a whole, given the lack of a positive news fund or new "trading opportunities". Bitcoin should show something new like Bitcoin ETF
All coins depend on bitcoin. When the bitcoin falls, all the altcoins fall. Because bitcoin is the most reliable coin on the crypto market.
Don't think about the price down. Its good time to invest. So most of the people invest in price downtime. This good idea for invest in right time. So don't lose that time. It any time to up and down. So people choose the process downtime for invest. But before invest choose the best coin and invest. you have always plan. So plan to work and plan to complete. Then get more profit and future improvements.
This deteriorating market price condition, I think, will continue in the following months. But crypto will stay alive and recover again together by increasing coin prices to those who have successfully passed this process perfectly. By investing in those who are potential will provide opportunities for yourself to get a lot of money. Be selective in choosing and choose coins based on the results of an analysis that shows that they have good prospects in the future.
There is no actual relationship between the two but the investor confidence is highly related to bitcoin. So if btc goes down the investor confidence also goes down which in turn affects the altcoin prices too.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
I think yes, maybe the hala is reasonable. because bitcoin itself is a benchmark for every existing and emerging altcoin. so it's very reasonable in my opinion.Whh must the fall of bitcoin after other altcoins?
it is only my perception and maybe if it is wrong it can be justified.
Whenever the bitcoin rate decreases, the altcoins decrease and, in some cases, the bitcoin rate decreases, the altcoins increase, and the altcoins increase, the bitcoin decreases rapidly. This depends on the time of the market.
We still know Bitcoin dominates the entire crypto currency market and that Bitcoin up or down affects the Altcoins directly. In my opinion we should not lose control because Bitcoin has so far been down and prices have risen too many times so i believe Bitcoin and Altcoins will come back.
I don't understand when people say alts follow BTC because when BTC was at its current price before this year around in June, alts weren't this low.
because bitcoin is the King. So everything essentially focuses on that. As presently as he falls, everything falls.
There is indeed a connection between Bitcoin and Altcoin.
Bitcoin is a king of coins that can affect the price of a Cryptocurrency and make many people realize that the decline in the price of Bitcoin will affect the price of altcoins.
Altcoin really depends on the price of Bitcoin.
Because Bitcoin is a major coin affecting the market conditions of Cryptocurrency.
Bitcoin is a king of coins that can affect the price of a Cryptocurrency and make many people realize that the decline in the price of Bitcoin will affect the price of altcoins.
Altcoin really depends on the price of Bitcoin.
Because Bitcoin is a major coin affecting the market conditions of Cryptocurrency.
Yes, of course, both of them have influence, bitcoint and altcoint, if the bitcoint price drops, all coints will go down and vice versa, as the king crypto, bitcoint certainly has a big role if there is an increase or decrease in coint
Bitcoin always leads the market trend. When Bitcoin falls, all the altcoins will fall, but the altcoin will not drive the trend of Bitcoin!
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