Topic: Is it bad for altcoin that BTC is dropping - page 7. (Read 24265 times)
of course bad because usually altcoin will follow bitcoin then when the price of bitcoin goes down then the altcoin price will go down too, although not all but most of the coins on the market will go down especially coins that come from bitcoin for example BCH
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
of course, because when bitcoin prices dropped altcoin get the impact in market and make altcoin down.but i don't know why when bitcoin growup few altcoin not following the bitcoin
Alternative coins are very much cheaper at the time when Bitcoin goes down. I think that investors sell their assets due to the unstable situation on the cryptocurrency market.
Having a fairly fatal risk for your results going forward, you can experience a greater loss than the depreciation of current crypto values. It could be that you placed the wrong coin on a scam altcoin. It's safe to keep holding BTC and let it get development in the future from crypto. You can get altcoins through participation in the ICO. That will be more effective.
Yes it is until the crypto currency prices depends on the bitcoin only,you can see that most of the media attacks only the bitcoin most of the time which results altcoins to fall more than bitcoin,so you should analysis the market of bitcoin ebfore investing on any coins which can save loss and help you to make profits.
Guys do not need to panic ahead of time. The bearish trend is nearing its end. Bulls come waiting for new heights at prices.
Investors who have strong visions certainly will not panic with the current conditions, in investment, of course we must be prepared for bad conditions and I am sure that the market can recover
They have some good effect because they can takr advatange to the bitcoin. Like ethereum when bitcoin decrease it is the time to shine for ethereum and once the investor see that they will invest and the price of ethereum will increase like a bitcoin.
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
in my opinion most of the altcoin ups and downs depend on bitcoin. because bitcoin greatly influences price movements in the market, bitcoin can also be considered a role model for other altcoins. 
there is a big effect for altcoin when the price of bitcoin decreases, because bitcoin prices affect altcoin prices, when bitcoin goes down then altcoin also falls, bitcoin can be likened to the parent of an altcoin, so altcoin always follows the price movements of bitcoin
Guys do not need to panic ahead of time. The bearish trend is nearing its end. Bulls come waiting for new heights at prices.
Unfortunately, the drop of bitcoin affects badly almost all altcoins. This is inevitable when bitcoin's market dominance is high. Not too often but only a few altcoins are not affected by bitcoin.
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
If bitcoin continues to fall, then all altcoins will also become cheaper, but with greater speed. Now on the market there is not any coin, which does not depend on the cost of bitcoin. Therefore, the fall of bitcoin is always bad for investors.
Bitcoin has a major impact on altcoins. So if bitcoin increases in the price then all the altcoin too. And similarly, altcoin decreases when the bitcoin decreases too. So dropping bitcoin is definitely bad for altcoin.
The price of Bitcoin is down certainly will have a bad impact on all Altcoin. And for now, we can feel the impact of the decline in Bitcoin so the price of Ethereum and all Altcoin collapses. Many people experience fear if they lose money and lots of panic sales, which further worsens the market price conditions.
Every altcoin is connected to bitcoin because bitcoin in required in the exchanges. Now, when bitcoin falls, it would only mean that altcoins fall also. And considering also that bitcoin is the most recognized. When a lot of people are selling their bitcoin, some people are also persuade to do the same too with their altcoins. That's the effect of being number one cryptocurrency.
Bitcoin is simply a leader in capitalization, and as long as it will greatly outweigh the scales in its direction, altcoins will depend on it.
Every altcoin is connected to bitcoin because bitcoin in required in the exchanges. Now, when bitcoin falls, it would only mean that altcoins fall also. And considering also that bitcoin is the most recognized. When a lot of people are selling their bitcoin, some people are also persuade to do the same too with their altcoins. That's the effect of being number one cryptocurrency.
For the most part, of course bitcoin affects the market, because bitcoin is the Creator of all coins , and what happens to it is spread to all coins , I think you need to first look at bitcoin and then to other coins
I see that most of the altcoins depends on Bitcoin and Ethereum, and of course the price of these two can affect everyone else
Yes, during the fall of Bitcoin, alternative coins are very much cheaper. But on the other hand it is a good time to buy such coins.
bitcoin falling consistently affects the altcoin, because with the sharp drop in the market people are selling their btc and how it affects other currencies because they are dependent on the price of btc.
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