yes it is simple that when btc goes up alt coin price goes down. but not sure all time will occcur the same thing with all alt coin.Some alt coin which has high value and ranked these follow the btc.when btc goes up they also go up. Maximum time when btc up alt down. so it is the best time to collect some alt coim for holding.
Usually if btc goes up, altcoins will go up as well. the price movements of altcoins tend to parallel bitcoin. I think its because the success of bitcoin also increases the success of other altcoins. If people see bitcoin doing well, they will tend to be more optimistic about the concept of cryptocurrency and buy altcoins.
Topic: Bitcoin up altcoin dump - page 3. (Read 5230 times)
yes it is simple that when btc goes up alt coin price goes down. but not sure all time will occcur the same thing with all alt coin.Some alt coin which has high value and ranked these follow the btc.when btc goes up they also go up. Maximum time when btc up alt down. so it is the best time to collect some alt coim for holding.
Usually if btc goes up, altcoins will go up as well. the price movements of altcoins tend to parallel bitcoin. I think its because the success of bitcoin also increases the success of other altcoins. If people see bitcoin doing well, they will tend to be more optimistic about the concept of cryptocurrency and buy altcoins.
If bitcoin goes up, i think it is better to just sell some of your bitcoin to get profits and use the majority to buy a lot of altcoins in the market because most of the times when bitcoin goes the altcoin goes down which is a buying opportunity for the long term investors of crytpocurrencies and the price of altcoin is just basing in bitcoin so it is very easy for altcoin to go down when bitcoin is going up. Just be smart in spending your bitcoin in altcoins because sometimes you will end up losing money if you bought a wrong coin.
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? 
If you can foresee bitcoin going up then it's a great time to stock up on some of the major altcoins as well. What you usually see I'd that even though bitcoin is absolutely smashing it the percentage of total market cap bitcoin holds declines when it rises meaning that altcoins are worth a buy.
To be on the safe side though just hold onto your bitcoin as altcoins are generally a ko tomorrow volatile and can crash without warning.
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yes it is simple that when btc goes up alt coin price goes down. but not sure all time will occcur the same thing with all alt coin.Some alt coin which has high value and ranked these follow the btc.when btc goes up they also go up. Maximum time when btc up alt down. so it is the best time to collect some alt coim for holding.
So basically whenever bitcoin goes up, altcoin goes down and vice versa?
Not really, but if there is no hype in a coin, this should happen. Actually what is happening right now is that altcoin price are also increasing while bitcoin is price is increasing. To name some, you can check Digibyte, Verge, NEM, XRP Stratis and Wave. Their market are climbing while bitcoin price is increasing.
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin?
In the previous year it often happened that when the price of bitcoin increase other altcoins decreased in price but this year I saw a number of altcoins also increased with the price of bitcoin increase. I think that is because of the increase of the investors.When the price of bitcoin is increasing then you do not need to go any other place but invest in bitcoin only as it is a solid investment.
Currently, investing in altcoins is a better option as the bitcoin price is too high to hold and earn profit. It's only good for those who have been holding since 6-7 months while new altcoins always have the capability to increase in value when they are distributed via ICOs. Gambling altcoins have a better margin than normal altcoins and hence it's better to invest there. Bitcoins can be sold and not bought for the time being.
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin?
I would say, buy altcoin and hold some bitcoin. Most altcoins now are too cheap making it the best time to buy them. Though bitcoin has already reached another ATH in the past week, I can see that it is not yet the very peak of bitcoin. That it would still go up as what other bitcoin enthusiast are saying so better hold some bitcoin.
So basically whenever bitcoin goes up, altcoin goes down and vice versa?
Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pumpActually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
Yup. It is obvious and most of the newbies know about it. The BTC price has become the base price for all other altcoins and if BTC rate has doubled over time then the altcoin exchange range could not be the same, think like that, So it is quite obvious.
So basically whenever bitcoin goes up, altcoin goes down and vice versa?
Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pumpActually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
Yup. It is obvious and most of the newbies know about it. The BTC price has become the base price for all other altcoins and if BTC rate has doubled over time then the altcoin exchange range could not be the same, think like that, So it is quite obvious.
I think buying altcoin is the right choice when bitcoin prices increase. We know that the price of altcoin must have decreased quite high when it happened. We should not be afraid of losses because most dev altcoin will pump their coins. It can make us profit.
But what would you do suppose the price of bitcoins keeps on increasing more and more ? I mean the price of bitcoins will have to drop down for the altcoins to rise.
I think its nothing related to the altcoins price with the bitcoins hike, its just a co-incidence that when the price of bitcoins is bubbling up the altcoins markets slow down a bit.
So basically whenever bitcoin goes up, altcoin goes down and vice versa?
Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pumpActually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
Yup. It is obvious and most of the newbies know about it. The BTC price has become the base price for all other altcoins and if BTC rate has doubled over time then the altcoin exchange range could not be the same, think like that, So it is quite obvious.
So basically whenever bitcoin goes up, altcoin goes down and vice versa?
Yes that's quite a good observation and there is a logic too behind it. Altcoins have a market swing only when there is not much happening to bitcoins but when the bitcoin market is on a swing everyone trades bitcoins and hence the price goes down for altcoins. I am quite sure that the price of altcoins does not bother anyone since they cal sell for btc and the btc price has already increased means they still hold same value of USD or even more.
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin?
That actually depends on your style of investing, because if you prefer to just book your profits from bitcoin then selling a big part of the funds stocked in BTC is a good idea.However, considering that some altcoins are extremely cheap right now thanks to such a big price surge, you may just use this occasion to get even greater profits than just from selling Satoshi Nakamoto coin: but that is actually really risky: you need to remember that altcoin price is being influenced also by BTC price and after all, the volume is smaller so the movements on the price are even bigger than on bitcoin, if you just look at the daily changes given in %.
If you have some free btc that you are not going to use, then buy a little bit of other alts, some of them are really cheap so consider it as a good occasion to get some small returns.
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin?
Well i think once you're already comfortable with your earnings, it would be a good time to sell. Though it has been proven that holding on for a long time can give you higher earnings, sometimes you have to feel first if you are ready and contented with what you've earned. Especially now that btc ptices are high, its almost certain that all of us already profited. So it would be up to you if you're already happy with that earning or hold and be patient if you want bigger earnings
Actually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
Yes when there will be more possibility of manipulations, I guess we cannot expect any specific patterns to happen all the times. I mean to say we cannot expect all the times bitcoin and altcoins to be get traded in opposite directions. Because there are occasions where few of altcoins that being traded in same directions and in some other occasions just the resiprocal was happening.I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
The prime reason for this must be insiders and their heavy manipulations. Random movements must be the right term to be called for these markets.
Actually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
Yes when there will be more possibility of manipulations, I guess we cannot expect any specific patterns to happen all the times. I mean to say we cannot expect all the times bitcoin and altcoins to be get traded in opposite directions. Because there are occasions where few of altcoins that being traded in same directions and in some other occasions just the resiprocal was happening.I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.
The prime reason for this must be insiders and their heavy manipulations. Random movements must be the right term to be called for these markets.
You noticed that during the last sharp rise in bitcoin prices, the situation was different. Alternative coins grew with bitcoin. I was alarmed by this fact
I didn't pay much attention to most of the alts during the past 2 weeks (or rather, a week from the middle of May) but I also noticed Doge bucking this trend. It had always more or less kept trajectory with BTC in terms of fiat value, but while BTC was climbing to new ATHs, Doge was not only doing the same, but increasing in BTC value as well. I am now finding out that many alts rose in values greater than that of Bitcoin (percentage-wise).
I have theories but no evidence about why this is happening. Influx of new crypto users is the only reasonably sound answer, I'd say.
So basically whenever bitcoin goes up, altcoin goes down and vice versa?
Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pumpYou noticed that during the last sharp rise in bitcoin prices, the situation was different. Alternative coins grew with bitcoin. I was alarmed by this fact
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