Topic: bitcoin down, altcoin rise. why? - page 15. (Read 1871 times)
Well, I would not say that Altkoins are growing in price. They go foot in step with bitcoin. If something happens to this, then the remaining crypto-currencies will follow bitcoin
I don’t think so because when bitcoin falls then altcoin will also fall and coins below of altcoin won’t have selling price. As far as I know when bitcoin’s price increase then so does altcoin and vice versa, there’s no altcoin that doesn’t fall when this bitcoin’s price falls too.
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
I think not and since i was started last year im always observed that some altcoins are dependent in bitcoins market value because once bitcoin will rise some altcoins are also rising but when the bitcoin is decreasing some altcoins are also decreasing its market value.
Since my days in cryptocurrency Altcoins have been loyal to bitcoin and it dictates the market movement for all cryptocurrency. If bitcoin rises altcoins bleads, if bitcoin falls, altcoin falls then if bitcoin becomes steady that is when altcoins tends to rise. Though some altcoins tends to do their things without being bothered about bitcoin, but just few of them.
The price is normally changing even it's bitcoin and altcoin no one will know if when it happen. Not everytime the price of bitcoin is on down sometimes it's get up and not all the time altcoins is on the rise sometimes is down, the price is randomly changing don't be afraid if that case is happens because is normal.
Yeah that's normal, don't think that everytime the price of bitcoin increase means that altcoin will increase too and if bitcoin falling down altcoin will falling down too, it's not always same happen, just be thankful when your coin will increase.
Because the capital in Bitcoin flow in Altcoin. In this case the volume of the market is not variable but the price of Bitcoin is down and the price of Altcoin is rise. It also let our know that expectation of investor that Altcoin is better Bitcoin at that time.
The price is normally changing even it's bitcoin and altcoin no one will know if when it happen. Not everytime the price of bitcoin is on down sometimes it's get up and not all the time altcoins is on the rise sometimes is down, the price is randomly changing don't be afraid if that case is happens because is normal.
Yes I agree on that, everycoin depends on the volume of the investinvestors. So we cannot really predict what is really the exact coin to rise up high, because we cannot also predict the volume of the investors that may invest on crypto. The price is always changing it is not stable and anytime it may rise or maybe fall.
in many cases when bitcoin goes down, the altcoin also goes down. but sometimes altcoins goes up. one of the reason is that there is good news came out from that particular altcoin, e.g. some updates, new investor and many more.
The price is normally changing even it's bitcoin and altcoin no one will know if when it happen. Not everytime the price of bitcoin is on down sometimes it's get up and not all the time altcoins is on the rise sometimes is down, the price is randomly changing don't be afraid if that case is happens because is normal.
bitcoin down means altcoins down. What you are confused with this is the fact that some small random altcoins can be pumped even in a downward trend. It's just a pumper that pumps some shitcoin that you do not even hear the name before they pump it. Whenever an altcoin increases its price, it means that many people are buying that altcoin in exchange for some other token, so this means that bitcoin is being traded for other çoins that reduce the bridge bitcoin, but instead of increasing the demand for that coin.
I have seen most of the times whenever btc falls most of the altcoins also fall, only some majors dont fall that much ,may be due to some demand in the market.I have also seen btc when rises at that time also some altcoins do not rise ,again its the same reason, demand comes in the picture.I would suggest due to pairing exchange the demand of btc sometimes falls but most of the times its only bullish.
In fact, everything is very simple! already said about this very much! I will add only my vision! when bitcoin grows slowly, then everything else grows with it! if the growth of bitcoin is very sharp, it means that the capital is being poured into it, and then all the other coins are falling! and if it falls slowly in a stable market, then money is poured into other crypto coins! but now it's not at all clear what is happening to the market! traders are constantly pouring their money to keep at a maximum when the market falls and make a profit!
Well my take on this is simple, law of demand and supply. I understand that most of the alt coins would have a directly proportional effect from Bitcoin market activity, but there are still some instance that even if Bitcoin is down there are some alt coins that rises up. I think it is all about the interest of the people, remember, alt coins and bitcoins are trade-able. so if Bitcoin is down, it could be that the interest of people is decreasing, meaning lower demand, people are selling their Bitcoins, price is going down. While on alt coin, some one is buying these coins, so the demand is increasing therefore the price is going up even if Bitcoin's price is going the other direction.
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
This just shows how volatile tye market is. Usually when bitcoin price goes down alt coins follow suit. But not always. Some alt coins either remain the same and some alt coins rise. So some may be lucky and make a big profit when this happens
While BTC going down, some altcoins can have good development, which makes it rise. Also once BTC going down, people are selling BTC or in this case trading for some alts.
Altcoin and bitcoin price in trading is independent from one another. In trading principle, there will be a price hike when you sell the coin in higher price than the last trading that took place with that particular coin and someone bought it. So the up and down of market value depend on the last trading price.
I'm not sure the cause, but it's partly due to short-term investors! Create surge in prices to earn money difference! Not all!
There are some altcoins that have strong communities and investors. there are also some altcoins that pair into dollars. so when the Bitcoin price drops it does not have much effect on the altcoin.
Per my view, the alternation in the rise and fall of bitcoin in conjunction with other altcoins is all about changes in the demand of these cryptocurrencies. Whenever there is a change in demand for a particular crypto currency like bitcoin, there is a significant change in value and vice versa.
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
It's also my question when i was trading.In a while later, i realized that there are two cases: if the bitcoin just decreased for the adjustment of BTC price, the alcoins price will go up. if its price drop down significantly by some reasons, the crypto market will go red.but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
in some situations, the altcoin get good news or innovation. recently, Altcoin is not depend much on BTC, although BTC is still a foundation of Ctypto community
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