Bitcoin rise altcions fall! - page 2.

Herbys

jr. member

Activity: 238

Merit: 6

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's time Bitcoin and now he's gaining dominance in the market already 47%, that's just not clear, due to the decrease in the price of altcoyins or due to volumes.
Judging from the graph of the volume for 24 hours about 7 billion, and then a sharp jump to 15 or a glitch or someone bought it well, because then the rise in BTC cost. Huh

Clark05

sr. member

Activity: 1274

Merit: 263

Bitcoin price now increasing and most of the altcoins now increased too. But they have altcoins also who are stay on their price and decrease. Remember the altcoins price is different to each other they have increase and decreased. But mostly they also follow to the flow of the bitcoin because they are connected to each other.

Genamant

full member

Activity: 730

Merit: 102

Trphy.io

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

We have noticed that when bitcoin either rises or falls in price majority of alt coins drop in price. That is just the way it is. You just have to wait it out until altcoins rise in price. The market will normalize in time

Vimukkthi Vithanage

newbie

Activity: 331

Merit: 0

Yes I too noticed that. But we all know there is a clear bond between bitcoin and alt coints .. so according to my point of view those alt coins too will start to incease the price with bitcoin soon

iknowitsme

newbie

Activity: 73

Merit: 0

Judging by btc domination trend this time everything may be big. I think we will see another BTC pump before altcoins start moving.

angelakrasnova

member

Activity: 252

Merit: 10

Now many who hold alcoins are pouring their funds bitcoin, as one can now earn short-term growth, after which the capital will return to llcoin and then altcoin will begin to grow.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: elimi on July 26, 2018, 08:09:07 AM

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I will buy some altcoin which I think is good as a long term investment when the price goes down and Take every opportunity that can make us become "rich" with the price change.

well, maybe altcoin just a matter of time until the price pump. well, bitcoin already pump, but no improvement for this. well, I hope the price goes up in the near future. I'm sure many have been waiting for that to happen.

alex M

newbie

Activity: 166

Merit: 0

Quote from: Cryptogid on July 26, 2018, 07:42:07 AM

What I know about Bitcoin rises and altcoins prices dippings is simply every people sells off altcoin and buys bitcoins and that helps the price up more,and the altcoin holders wants to enjoy the profit.

Yes of course. Bitcoin rises when altcoins fall because altcoins holders are participating the massive sell offs and use it to invest on bitcoin when the price is down. And when a bull market is on, many investors who had bought btc at cheaper price would sell their btc at higher price to enjoy huge profits. Then, when everyone sells so again supply in the market getting higher and and price will go down again and thats the nature of crypto business.

lamcouz

member

Activity: 322

Merit: 10

My strategy is simple i just dont buy all investment in one shot i go for in split so on every dip i had started to buy in 20% so my average of buying price of btc is now in average and if the market cross $8000 then i will start getting profit. Will start selling my coins which i have bought in very low. This way i trade and keep my investment sound and long-term

Fujiati

full member

Activity: 664

Merit: 112

Ethernity CLOUD

Quote from: Okrah on July 23, 2018, 06:50:37 PM

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's a big No, because as I observed bitcoin and altcoin is not a competitor they just like a team. They are all digital money currency. Although they have different in price level but their functions are the same.

bitcoin does go up but altcoin does not go down just its movement to ride so slow unlike the bitcoin price movement, we have to be patient to wait for altcoin to move fast. this is the beginning to boost the market price going forward.

samsul1234

member

Activity: 532

Merit: 11

I think this is to sell btc and buy bitcoin, profitable for now,

Ntaa

copper member

Activity: 301

Merit: 0

Yes. . that's what happened. I think something like this does not happen for the first time.
And I think the Altcoin price will follow if the bitcoin price starts to stabilize. Well this is a good start for cryptocurrency.

Correction :
“Bitcoin rise altcions fall!” = “Bitcoin rise altcoins fall!”

elimi

member

Activity: 255

Merit: 10

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I will buy some altcoin which I think is good as a long term investment when the price goes down and Take every opportunity that can make us become "rich" with the price change.

Suketlapangan

newbie

Activity: 84

Merit: 0

that's the thing that's okay, because bitcoin is the king of coin, and maybe investors from alcoin are flocking to bitcoin as prices start to rise, but do not worry because of the rise of bitcoin, the other coin-coin will also go up

gawer33

jr. member

Activity: 309

Merit: 5

expect this will happen since most of the alts are bought using BTC some of them will sell their alt to join BTC bull run another thing is arbitrage in exchanges especially if there is more than 3 based currency FIAT, BTC, and ETH as an example. a sudden rise in BTC will increase eth on BTC/ETH pair in seconds thus to gain profit they will sell ETH on BTC/ETH pair for the 1st effect until fiat/eth and BTC/eth pair is equal in value, a further more increase in BTC will again increase eth/BTC pair compare to fiat/eth pair which create more selling on eth/BTC pair thus will result in low demand for eth which will affect eth/fiat value. THUS some alts is bought thru eth will also decrease it's value.

loragean03

full member

Activity: 403

Merit: 100

Ofcourse its gonna happen, and always happened when bitcoin rise, most of the leading altcoins are its either at the same price or below, i think it is because of some investors are switching to bitcoin to generate profits. This is usual, but sooner or later after bitcoin pump, altcoins follow and set a healthy recovery.

polladparker

newbie

Activity: 14

Merit: 0

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...

Honuandhonu

newbie

Activity: 42

Merit: 0

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I think this is going to stay for a while until the ETF news comes out.

Cryptogid

jr. member

Activity: 252

Merit: 2

What I know about Bitcoin rises and altcoins prices dippings is simply every people sells off altcoin and buys bitcoins and that helps the price up more,and the altcoin holders wants to enjoy the profit.

waroengstick

newbie

Activity: 32

Merit: 0

I do not really think about that sort of thing, I'd better keep trading on bitocoin if bitcoin prices continue to rise and without exception buy some altcoin for supplies if altcoin prices rise again.

Topic: Bitcoin rise altcions fall! - page 2. (Read 763 times)