Topic: Is it bad for altcoin that BTC is dropping - page 10. (Read 24243 times)
altcoin will only rise if the price of bitcoin is in stable position, if btc rises then altcoin will decrease, btc down then altcoin will decrease. and if btc is stable then altcoin will increase significantly
The right altcoins should not be related to any fluctuation of the BTC nor ETH 
But the ones that are only based on FOMO and marketing are consistently hit by BTC fluctuations.
But the ones that are only based on FOMO and marketing are consistently hit by BTC fluctuations.
Not always,because sometimes money flow from BTC to altcoins and those are pumped.
But in other situations btc has an affect on altcoin prices and with btc decrease altcoins drops as well
But in other situations btc has an affect on altcoin prices and with btc decrease altcoins drops as well
Bitcoin is the market leader in cryptocurrency capitalization and that is why if Bitcoin falls then altcoins will fall after him. Altcoins will not fall after Bitcoin only if there is a transfer of funds from Bitcoin to altcoins.
Actually yes, somewhere it is having adverse effects on altcoins too. Mostly people are thinking that as the most valuable coin is falling so sooner or later cryptocurrency market will collapse. Hence they are quiting .
It is awful for all altcoins, because the market dominance of Bitcoin is too big. Just look at the stats, the current dominance is above 51 percent. It means that all other coins are following Bitcoin if it goes down or up.
This is very bad, because all the coins are tied to Bitcoin and their prices depend on the main cryptocurrency!
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
Of course it is bad for Altcoins... When the price of bitcoin falls, the price of altcoins falls much more...And many of them will not survive it...
In some ways yes. When bitcoin price is dropping, other cryptos that using bitcoin as their pair in some exchanges also drops. But not all altcoins are affected because some has its own platform and a specific purpose and a strong community that helps the altcoin to stand still amidst from bitcoins dropping. In fact, some altcoins are increasing in terms of value when bitcoin drops.
but rate altcoin in usd drop to usually, except their rate bitcoin rise alot.altcoin and bitcoin could not separated both of them have strong correlation in market.
I think this is the cycle of crypto himself falling. for this year's special indeed becomes a bad time on crypto because everything is falling at this time. It's good to altcoin and all the same, bitcoin was falling and will need time to recover be high again. just wait when all crypto mainly bitcoin ride then altcoin will also be up.
The risk that you will face is even greater. If you already have BTC. Keep on maintaining even though the price has dropped. Bitcoin has a historical record, with it experiencing a deep decline, and at one time, BTC was able to skyrocket in an instant. For the next, there is hope that Bitcoin will return to carrying out that mission. So don't sell BTC to buy altcoins.
It makes all currency dropped their value in the market that we can't control even the currency you are holding is also a better currency in the market. And it is really bad for those currency that Bitcoin's price will dropped because it will make some people reached their panic side that changes their mind about what will they pursue on holding the currency or selling it right away.
of course, if bitcoin was dropping, all altcoin will be affect for sure, because bitcoin was a benchmark or mother for altcoin itself.
Even bitcoin's price will go up, altcoins' prices will not go up as much as bitcoin. We should follow top 10 coins nowadays. We saw decreasings again yesterday its a sign of bear season. Bull season hasnt come yet so we should stay on top coins not altcoins.
In some ways yes. When bitcoin price is dropping, other cryptos that using bitcoin as their pair in some exchanges also drops. But not all altcoins are affected because some has its own platform and a specific purpose and a strong community that helps the altcoin to stand still amidst from bitcoins dropping. In fact, some altcoins are increasing in terms of value when bitcoin drops.
but rate altcoin in usd drop to usually, except their rate bitcoin rise alot.altcoin and bitcoin could not separated both of them have strong correlation in market. 
Yes it is, unfortunately the price of all altcoins depends on Bitcoin. Only having a use for themselves they can exist independently.
well, most people hold the altcoin they collect. I think that is very bad if the altcoin price starts to fall. you're right, besides bitcoin, altcoin prices also depend on ETH prices. if both of these coins go down, you can be sure other coins will also decrease.
right when the price of bitcoin fell a lot of them chose to sell coins and buy some other altcoins. there are many factors that influence the decline in botcoin prices, such as negative news about crypto that has sprung up and has reduced the interest of large investors also to buy bitcoin again.
Yes it is, unfortunately the price of all altcoins depends on Bitcoin. Only having a use for themselves they can exist independently.
In some ways yes. When bitcoin price is dropping, other cryptos that using bitcoin as their pair in some exchanges also drops. But not all altcoins are affected because some has its own platform and a specific purpose and a strong community that helps the altcoin to stand still amidst from bitcoins dropping. In fact, some altcoins are increasing in terms of value when bitcoin drops.
altcoin's constantly follow bitcoin, if bitcoin falls, then my entire portfolio decreases several times, for me it is bad, and for traders any price movements are another opportunity to make quick money.
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
All coins are affected when BTC Is dropping in market because as far as I know this is the one they bases for in terms of increasing price.In this several days it was nothing to say but just waiting for the comeback.Jump to: