Can you please explain to this newbie if this is the general trend:
Bitcoin UP = Altcoin DOWN
thanks
Imply because when btc is up people tend to exchange alts for btc in order to take the value from the upward momentum.
That's all, just a short time value taking.
That would be a chain reaction to this situation since people's intention for now is to exchange their alts so that they may have balance to stake and sell when price of btc will get a threat of its fall down but this situation on altscoin for now is just temporarily happen since im pretty sure that alts price will come back alive again and be more competitive if the price of btc will go stable nor calm for this event. So for now its very best to buy those potential cheap alts so that we can earn for it in his next pump.