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Topic: Is it bad for altcoin that BTC is dropping - page 4. (Read 24212 times)

sr. member
Activity: 1358
Merit: 259
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I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.

What?, let's correct your opinion, I saw when bitcoin price rising, most of altcoin down. when bitcoin price down, over percent altcoin price most likely down by btc. It's bad for altcoin when bitcoin price still unstable.
newbie
Activity: 109
Merit: 0
I dun think it is bad. From what I see bitcoin prices do not correlate to altcoins that much nowadays. In fact it seems the reverse
member
Activity: 401
Merit: 10
In my opinion to put in altcoins if bitcoin goes down is very good and when the BTC price rises, then all altcoins will go up and you have to choose coins like those who often get profits like eth, Ignis, ADA and BCH, those three coins often generate profits .
            
sr. member
Activity: 1750
Merit: 267
At this moment, most of the altcoins are depending on Bitcoin which can be directly or indirectly. If price of bitcoin goes down then most of the coin's price also goes down. So, there is a connection with the price of bitcoin.
member
Activity: 401
Merit: 10
I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.
            
full member
Activity: 812
Merit: 101
We all know that if bitcoin will drop its always have affect in any coin like altcoins. Because some of them rely to the price bitcoin. But I think that now bitcoin is continously move up altcoins will be follow too so grab this opportunity to buy before new ATH come.
perhaps more appropriate is that altcoin is affected by price and market conditions. coincidence, bitcoin has a big influence on market movements, so some altcoins are like depending on the price of bitcoin on the market.
full member
Activity: 812
Merit: 100
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
We all know that if bitcoin will drop its always have affect in any coin like altcoins. Because some of them rely to the price bitcoin. But I think that now bitcoin is continously move up altcoins will be follow too so grab this opportunity to buy before new ATH come.
legendary
Activity: 2548
Merit: 1873
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Now in the market is in a good stage, although this is still in the accumulation phase, but has increased widely the flow of purchases, both for bitcoin and for the altcoins.

This is favorable, because whenever bitcoin increases in price and when it is placed in a stage of prices that continue to rise, it could be said that for some this is the bullish trend stage, but it is not, although the price of bitcoin increase, and the altcoins begin to rise, it is all because the altcoins follow the price or the direction of bitcoin, so it will be seen very soon that they continue to increase in price.

The altcoins can be a great investment at this time because it is very likely that the market will continue to increase and according to this the altcoins will continue to increase, this is especially good for the investment of the altcoins that you own, they will have a good rate of profit , if everything continues as it goes and if the bitcoin takes the range of $ 11k all the altcoins will have great prices for their holders.
copper member
Activity: 2800
Merit: 1179
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The decline in Bitcoin prices can have a bad impact on all coins. And this has been proven in the year 2018. All coin prices dropped very sharply and this is because Bitcoin dropped very sharply. But entering the year 2019 the coin price slowly recovered. And now Bitcoin has started to bounce and follow by all the coins.
Since most of alts were depend in bitcoin, being the most popular medium of buying and selling crypto, however some investors been active whenever the price of BTC moves that affect altcoins too when trading.
member
Activity: 553
Merit: 11
The decline in Bitcoin prices can have a bad impact on all coins. And this has been proven in the year 2018. All coin prices dropped very sharply and this is because Bitcoin dropped very sharply. But entering the year 2019 the coin price slowly recovered. And now Bitcoin has started to bounce and follow by all the coins.
hero member
Activity: 784
Merit: 502
The effect of Bitcoin drop will definitely effect everything if it was a good altcoin also the people will not try to invest in it so that demand and price drop will definitely reduce so that drop of Bitcoin will definitely affect the price of altcoins also.
member
Activity: 812
Merit: 10
https://hovr.site/
Every slight drop in BTC Affects almost all cryptocurrencies in existence so basically when BTC drop most coin especially the major ones experience the drop too though it might be in various degrees it still has impact on major digital currencies and i really hope that resistance get broken soon
full member
Activity: 1106
Merit: 166
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Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
the price of Bitcoin is increasing it will definitely not affect the any other altcoins because the connection between them is not been very good so if the price of Bitcoin increasing then people will decide to invest on other investment this is the way to develop the other investments also.
newbie
Activity: 14
Merit: 0
I can say from my own experience - BTC really matters a lot for the prices of most altcoins and the state of the entire crypto market. During the period of BTC price reduction, the entire altcoins market is falling. In fact, this is quite a logical situation, given the enormous importance of BTC for the entire crypto market.
SHIFT

https://www.shiftproject.com

https://international.bittrex.com/Market/Index?MarketName=BTC-SHIFT
full member
Activity: 560
Merit: 101
I can say from my own experience - BTC really matters a lot for the prices of most altcoins and the state of the entire crypto market. During the period of BTC price reduction, the entire altcoins market is falling. In fact, this is quite a logical situation, given the enormous importance of BTC for the entire crypto market.
member
Activity: 177
Merit: 11
Lacoste
So funny, because when the market goes down:
BTC decreased -> Altcoins decreased,
BTC increased -> Altcoins decreased,
BTC traverses -> Altcoins still decreases.

The best thing up to now is worthless projects that have been and are on the verge.
The market will be thoroughly purified.
full member
Activity: 602
Merit: 100
Yes. That's because Bitcoin is seen as the father of altcoins, and Bitcoin is the most liquid cryptocurrency. Most Altcoins need to be converted to Bitcoin or Eth before they can be liquidated to US dollars. So when Bitcoin drops, you know what it means..
member
Activity: 574
Merit: 14
Any drop in the price of bitcoins affects the price of altcoins, not the other ways round. If you already have loads of altcoins ,then it is a bad idea otherwise it is a great buying opportunity.It is generally not nice,we all want a bull market
sr. member
Activity: 840
Merit: 252
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
Because bitcoin is king I believe it affects the movement of the altcoins which is not for me should be like that. In time, altcoins will move on their own without depending on bitcoin. But for now, let bitcoin enjoy where he leads the crypto kingdom. It is not yet ripe for any altcoins to take their own course because bitcoin is still dominating the market.
hero member
Activity: 2268
Merit: 507
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If bitcoin drops, altcoin will have a domino effect.
All altcoins are very dependent to the king and they will feel the effect.
IThis is why I have most bitcoin to invest first before other altcoins.
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