Many people hold Bitcoin to sell their Altcoins, which is partly why they mostly took a nosesive but now that's gone, it seems we are going to see an important pump on the grounds of Atta.
Most Altcoins are usually associated with Bitcoin, so people usually buy Bitcoin first, use the first alts to buy, the first increase in the demand for Bitcoin, that with the price of reflection, before the switch to the demand ALT, their prices rise and fall due to Bitcoin.
Topic: bitcoin down, altcoin rise. why? - page 8. (Read 1871 times)
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!
what? it depends on the market sir like now the bitcoin is still going down and altcoins still going down to so we will see the big manipulation of the market so i f you have a coin my advise is just hold it dont panic to sell it. 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!
altcoins that are less dependent on bitcoin values are bound to rise as bitcoin markets decline, altcoins with large volumes of investment are usually unaffected by bitcoin values . bitcoin is a growing currency and many thing support this but in resent time altcoins are most use and more improvement then bitcoin
Because Bitcoin has nothing to do with altcoin. As bitcoins decrease, investors will sell them and find other currencies to invest. Then they will find many altcoin to buy so the prices of these altcoin increase.
when bitcoin fall down every altcoin not rise.on my experience when bitcoin static Price then altcoin up. but some altcoin has when bitcoin fall then this altcoin is up. Because I think all public want to sell Bitcoin then demand altcoin.
I have niticed the trend too, you are right, there is preference for altcoins when there seem to have a market at standstill, recent movements in bitcoins alone is pure based on the bitcoin etf proposal
It is a market system, a major competitor among other coin is having a price drop, automatically, the price of other substitute will rise. With the rate bitcoin is falling, it relevance, credence and value still stands and so for me those alt rising are not really rising when u check the percentage rise from former and current compared to bitcoin. Like I said, bitcoin price fall is a moment one should take advantageously in buying more cheaper bitcoin
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!
I do not think you can see that bitcoin prices are constantly decreasing and altcoin prices are dropping sharply in the past few days and falling sharply over bitcoin. The market is slowly falling into severe crisis when bitcoin prices are constantly decreasing and prices of altcoin are gradually falling to the ICO mark. So at the present time you should only invest in bitcoin. 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!
Altcoins are tradable for BTC so when I sell bitcoin for that altcoin, there is more demand for the altcoin I'm trying to get and less for bitcoin because I'm fulfilling somebody else demand.
Bitcoin is a growing currency and many thing support this but in resent time altcoins are most use and more improvement then bitcoin. Altcoin provide better transaction facility then that of bitcoin because of its large block size. And also provide fastest transaction then that of bitcoin. And Because of large block size Altcoin also charge low transaction cost. Altcoin like Ethereum is alsoUse for long term investment then that of bitcoin because of its low volatility.
Most of the times altcoins bleed more than bitcoin just like right now.
The factors that influence the emergence of altcoins are. Altcoin prices that are cheaper than bitcoin make altcoin now invest a lot there, people tend to choose altcoins because with a little money we can invest in cryptocurrency. Whereas if we want to invest in bitcoin we must prepare more money. The amount of altcoin makes many people interested in investing in altcoins.
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 really hard to predict the future of Bitcoin the only thing happen in the market price is going up and down.Bitcoin price fluctuates so much because it is still in development phase and nascent stage. And also demand and supply. 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 looks like alcoin is currently still following the price of bitcoin, alcoin is increasing because its popularity is currently exploding its name and more and more interested people .
I also don't understand why bitcoin can go down and altcoins go up. Maybe those who invest in bitcoin are currently down and a lot of negative news about bitcoin. So this can be an impact for bitcoin, but the earth is spinning I'm sure bitcoin will rise again.
as long as I trade crypto, every bitcoin price drops does not always follow the price of altcoin going up, now if bitcoin goes down then altcoin also drops, maybe the cause is because bitcoin is widely used to exchange with altcoin in all markets
Yes most of the time if bitcoin down all alts down too, there are also some time when bitcoin up altcoins still down. Maybe there are only few happenings that alts up and bitcoin down.
as long as I trade crypto, every bitcoin price drops does not always follow the price of altcoin going up, now if bitcoin goes down then altcoin also drops, maybe the cause is because bitcoin is widely used to exchange with altcoin in all markets
when bitcoin fall down every altcoin not rise.on my experience when bitcoin static Price then altcoin up. but some altcoin has when bitcoin fall then this altcoin is up. Because I think all public want to sell Bitcoin then demand altcoin.
I have niticed the trend too, you are right, there is preference for altcoins when there seem to have a market at standstill, recent movements in bitcoins alone is pure based on the bitcoin etf proposal
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!
and yes all peolple didnt know what happen in altcoins maybe it because of the markets and ofcourse i am sure because of the manipulation by all whales and some people selling their altcoins and bitcoins because of the negative news . 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!
Re: bitcoin down, altcoin rise. why?
The same thig was last year when it was a huge pump. I don't think we have the same chances this year.
The same thig was last year when it was a huge pump. I don't think we have the same chances this year.
Most of the altcoins are inversely proportional to bitcoin price. These are the coins that goes up when bitcoin price decreases. These coins are good to hold as well as btc.
I agree with many guys! there are a lot of traders in the crypto market! who earn a difference, so they constantly pour their money into bitcoin or other crypto coins! because of this, there is a great demand and a price increase!
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