Topic: Looking for a crypto that won't depend on BTC anymore - page 6. (Read 942 times)
From what we can see on both cmc and CG there is no such crrypto, well not that i know of. The majority or better yet the whole crypto react in accordance to btc price movement, when btc price is down especially in a serious bear market like this present one all other alts will follow, no exception. But if there is such crrypto out there i think many investors will be interested.
there is no cryptoqurrency that doesn't depend on bitcoin. all cryptocurrencies depend on bitcoin fundamentals rising. even including the top altcoins like ethereum, binance or eos etc. So far, the price movements of altcoins always follow the rising trend of the Bitcoin base
Stablecoin does 
but there is no profit to be made there since their value is pegged to a dollar. Sometimes trend in the top 10 seems to be independent but then when we think they had break-away from Bitcoin's grasp, things happen. They follow the Bitcoin trend again. So basically, all altcoins are being influenced by the Bitcoin market. If any altcoin breaks away from the Bitcoin trend, it is only temporary and will be back on track when its market hype diminishes.
but there is no profit to be made there since their value is pegged to a dollar. Sometimes trend in the top 10 seems to be independent but then when we think they had break-away from Bitcoin's grasp, things happen. They follow the Bitcoin trend again. So basically, all altcoins are being influenced by the Bitcoin market. If any altcoin breaks away from the Bitcoin trend, it is only temporary and will be back on track when its market hype diminishes. legendary
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is there any crypto that moves itself according to its fundamentals both now and in the future?
If the bearish market is happening like this time and how strong fundamental of project didn't matter a lot. I meant if you shall aware about that if the fact that if everything in the crypto market is tied to the bitcoin except the scam tokens and short term hype pump that caused by a rumour and news. It's very difficult to pick the best coin that didn't tied with bitcoin. Bitcoin down and everything goes down. Can you predict which coin that will be pumped like numeraire? i guess that's almost impossible to predict it. Even coin without pair with bitcoin can also be affected
There should be some crypto that has lower correlation or probably has negative correlation compared to BTC, but it depends on the time frame as well. Cryptocurrencies actually not depend on the BTC, but it has the same market risk or systemic risk. Therefore, it seems that when the BTC is down; the rest is also down. Stable coin is one of the example of coins that have different risk.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
It could be possible to get a coin whose pair is not with btc, but that would be detrimental to the project. Most projects prefer to pair with btc because it gives them wider trading opportunities and by extension the trading volume of the coin would increase. Though this could come at a cost, but from my understanding the benefit out ways the costs.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Probably yes. But most often they are tied up with btc movement. But you can try to search some tokens that doenst have any pairing on btc exchange or ties with it. Usually those coins are paired only with usdt or being used on dex with another liquidity. Anything with btc pairing would likely be affected as thr value of btc changes drastically so means pulling downward too those tokens and coins. 
It's hard to find that these days. You must look at the market right now and you will aware how market is being dumped even harder from time to the another time. bitcoin is the main reason why market is dumping so hard right now. i can't deny the fact that if we will be facing a very difficult situation where bitcoin and whole of crypto market will be going down to the bottom again. The same thing that happened a few years ago may come back again sooner.
Any crypto is being affected by bitcoin and you will not able to find the one who can survive from the dump.
Any crypto is being affected by bitcoin and you will not able to find the one who can survive from the dump.
is there any crypto that moves itself according to its fundamentals both now and in the future?
The only coin that used by gamble which was sometime increasing a lot without tried to see the bitcoin chart. I meant scam token like ustc and its ecosystem were increasing a lot due to the some rumours about the burn. Remember prometheus were also following it as well. This pump is actually triggering by something in the crypto. I can't say what it is but i do believe if the pump is causing by something. To be honest even these days fundamental didn't matter a lot. The pump will always come to the coin that has been getting a huge news to bet.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing,
Hehe how do you know this? I personally think that most people who "invest" are made up of beginners and that's particularly true during a bull run. They're easily influenced by rising prices and buy out of FOMO. Those you mention as having better understanding of fundamentals are those who got rekt.Quote
is there any crypto that moves itself according to its fundamentals both now and in the future?
There have been altcoins that outperformed BTC in terms of fiat but that's not enough to say they no longer depend on the bitcoin price. 
If you want to identify the crypto currency which doesn’t depend on the price.Their is one suggestion for you,you can check the coins which is green for few days.From the point the bitcoin must be at red,if so you may get few coins which rotate anti-clockwise directions to bitcoin.Then you can inverse in the coin which increases in value,when the bitcoin price reduced.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
I don't think there is one, specially how Bitcoin has grow in the last 10 years. Altcoins has been traded on bitcoin and being the prime mover, everyone is depended on it, just look at trading pair, it's all being traded against bitcoin price.
Sure maybe you can find one, but that's going to be a simple pump and dump altcoin. And it's good though that altcoin depended on bitcoin, otherwise, they will die if they are going to be stand-alone cryptos.
I agree that anything goes up and down usually does it with bitcoin and I doubt it would make any change anytime soon. Stablecoins are not for investment, I mean if you live in a horrible nation with a terrible fiat, then you can use "dollar" as a leverage against that which I have done plenty of times and stablecoins could work out for that. But that wouldn't be a crypto investment, there is a reason why they are called stablecoins and not cryptocurrency. Hence, if we want to technically speak about this issue, there isn't a single "cryptocurrency" that would be independent from bitcoin. There could be moments when they act independently, move up and down without bitcoin doing anything, but that would be moments and not in general and it wouldn't be sustainable at all.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
I wish we have, but we can't find one coin, majority of the coins here are traded on Bitcoin pairs, although there are times that some coins are performing better when Bitcoin is dipping it's very rare, you can try stable coins, some traders are trading it on the stable coin when the market is dipping, but the profit is not something you're looking and hoping to have and we all know Stable coins do not have a perfect mechanism, look at what happen to Terra Luna.
all crypto markets follow bitcoin in all price movements and this is a certainty that cannot be contested except for shitcoins which sometimes run in a reverse direction from bitcoin but that is only for a moment, how much effort is a crypto developer to make a move for the fundamental coin but the influence of the bitcoin market remains a market reference in reality
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
There is none.All of the cryptos today will and always be dependent to BTC. But at least for the stable coins, they're all pegged to dollars if that's what you mean.
Well, as for that actual coin that won't be going along with bitcoin. There is really no type of coin that does that.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Top coins move based on their development, they are not fully depended to Bitcoin, its just that the influence of Bitcoin in the market is big, and no matter how good the altcoins are fundamentally its value will still follow the trend of the whole market. I can’t see any coins/tokens that can move without Bitcoin basis, investors prefer the Bitcoin pair as well and that’s why every market trend, Bitcoin is the leader. The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Those kind of altcoin black swans happen once in a blue moon but for far btc is indicator of everything and i haven't found a new coin that is completely detached from bitcoin price movement. There have been some coins that have moved up in a btc bear market but good luck finding them.
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
If you want to invest in an asset which is not influenced by bitcoin then you need to look at other markets because that is not something that you are going to find here, think about it, the market dominance of bitcoin is above 41%, and those are the official numbers, I would not be surprised that if we excluded centralized coins, stable coins and the fake market cap of many coins this number easily reached 70% or more.This means that whenever bitcoin makes a move the rest of the coins move with it simply because bitcoin is that big, so if this is a situation you cannot tolerate any longer then it is better for you to look for assets in other markets in which you will be interested to invest.
Where are you going to find that? Not in this space, oh yes you can start investing money in stocks, BTC is the reshaper of every crypto projects ever existed, if BTC isn't doing well other coins won't do so well either.
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