Topic: Which altcoins are likely to go up when BTC goes down? (Read 521 times)

how much tax percentage is applied when you do trading? i think if you do trading in local exchange it is hard to avoid tax, so i think do it in global exchange which only have trading fee when you exchange fiat money use p2p

I do not think that there are many that will go up when bitcoin goes down, most of them will go down with bitcoin, only one that is standing and not going up or down is the stablecoins and that is why they are being purchased when the market is bear, most people move to getting to that point and we can't really consider that changing that much.

Just focus on getting a good result whenever you can during bull run and when it's bear run either keep DCA your way into cheaper entry point to make more money or you could just end up doing more when the time comes and you could just focus on making money from stablecoins and standing still and re-enter when the price drops a lot. Those are your options when bitcoin goes down and most people use these two to make money when bear market comes.

Holding both ETH and BTC seems the most reasonable way to invest your funds without much risk.
There are thousands of other alts as it was said, but those would bring you the most stability / profit ratio in the long run.

I think, Ethereum is the major altcoin that is increasing when Bitcoin is increasing and when the price of Bitcoin is decreasing Ethereum will be decreasing also that made Ethereum the king among altcoins, because their team are very active like Bitcoin team which is the reason Ethereum is maintaining second position among cryptocurrencies. I don't think holders will sell their Bitcoin when the price of Bitcoin is decreasing, because that is the time to continue holding your Bitcoin until the bullish season take over the market before they can sell to transfer the funds into stablecoins to have peace of mind. Those top altcoins that use to increase whenever the price of Bitcoin is increasing, which you have to verify them by yourself before investing on them and they will make you reliable whenever the price of Bitcoin is decreasing or increasing in the market.

I plot value against BiTCoin on my tables and charts at http://galaxies.mygamesonline.org/digitalisassets.html

See for example this table: http://galaxies.mygamesonline.org/inbtc.html and the corresponding plot: http://galaxies.mygamesonline.org/plotbtc.html also available as a gif: http://galaxies.mygamesonline.org/inbtc.gif

Are there any other sites you know of where you can see tables and plots of value versus bitcoin rather than versus fiat?

-MarkM-

It seems to me that Kaspa is not a bad investment at all, though as it was said, everything has it risks and should be weighted out accordingly.
Thaks for mentioning some ways to gain something from Kaspa, further analysis is needed to say for would be better to be done.

Also with Kaspa you have the third profitable option which is mining. You just have to follow the new ASIC trends etc..

One thing I find rather annoying about looking for how coins are faring in bitcoin price rather than in fiat price is although CoinMarketCap for example has a setting that looks like it should show you prices in bitcoin rather than in some fiat or other (usually USD), that setting does not actually work properly.

Try setting it to show in bitcoin and, at least last time I actually tried doing it, thinking aha awesome you can set it to show correctly for a bitcoiner, I found it was "bullshit", coins that I knew darn well had been going up against bitcoin were not shown as doing so on the little seven day chart on the table. Also sometimes ones I knew had been going down versus bitcoin were not shown as doing so always.

It took a bit of comparing a few such minicharts to guess that what seemed to be happening was it was not even changing those little mini displays at all regardless of what currency you set it to display in.

It looked like it is really only displaying from "versus fiat" price records not actually from a record of price versus bitcoin, so all its reds and greens were not in fact working right when supposedly showing price in bitcoin. All it seems to do on switching to a different currency, such as bitcoin, for the display was convert the actual current price to price in bitcoin, not any of the comparison colours/charts showing ups and downs and percents of up and down. Aaaarrrrggg!

-MarkM-

As a $KAS (Kaspa) holder then this is the thing that i do really like with this coin on which it could independently be able to move out when it comes into its price trend or movement. It doesnt really come along
with the market sentiment on which if Bitcoins price goes down then we do know that the entire market would really be going down or same goes into those altcoins on which it would really be following on the same path
but we do know that there are certain coins on which it could goes opposite into the market trend and this do really shows or signifies that there are really indeed projects that could go its price without basing up on the
Bitcoins price current condition, but of course it doesnt mean that success or assurance will really be that happening. Always consider about risks management all the time on which this is something that you do need.

If you are a holder then it wont really be an issue because if you've seen that the market is dumping then this is the best time to have some shopping specially into those coins on which you do really tend to hold for long term. We do know that market isnt really just that moving on a single path or movement to take but rather it could neither goes up and down or sideways. It would really be that up to you on how well you do hover yourself towards this unpredictable space. This is really that survival of the fittest and to those who are really that good on handling themselves towards market different conditions.

I don't see him mentioned bear season but it was only when BTC price goes down. Even if there is a bear, I think there are still a few coins who can go against it. They must be new, so yeah that their pump is not long-lasting, so there is no point of being jelly or what to hop on it too because there is a big tendency that we can only lose our money. A simple fall in the BTC value won't be enough to drag other coins but it needs to be a big one and this is where the bear market is created. No need for you to convinced us about it because we are not blind to not see it.

Obviously mate. Colour red indicates a drop because red symbolizes negativity. While it was the colour green for positivity or when the prices are rising.

Kaspa sometimes goes up while btc is going down...

Going with big alts may mitigate what you described, though, it's everybody's choice what to choose and in what to invest.
Going with BTC alongside some big alts is the best course of action, in my opinion.

yes, i agree, no altcoin can withstand the power of bitcoin, if only for a short time. When bitcoin drops, it often leads to the inevitable consequence that the whole market drops. limit your excitement if there is an exception because be sure to be ready for its decline.

It's hard for any altcoin to escape the bitcoin downtrend,… There are a few times in history that I've seen XRP or ETH rally out of that dominance for a very short period of time, but everything will have to return to the market rules. Also, altcoins don't have any strong traction right now to be able to make such a surprise. All the support needs to be observed and focused on bitcoin first and then altcoins, I have to go back to the lesson of patience. Lol

in general when the market is experiencing a decline it is very difficult to get a coin or token that reverses direction, when the market goes down relatively altcoins go down in price and much worse down, for the sake of altcoin habits in the market, only when side ways in the bearish zone there must be one or two that increase, it also depends on what they do and get at the moment so that they increase when the market is experiencing a decline, I can say there is but rarely.

I will suggest you to go behind the new listings Coins as soon as Bitcoin dump because mostly new projects distribute a lot of thier supply in different promotion reward airdrop so after listing they faces huge dump but thier team try to generate green moves in order to attract new investor and make project more reliable, trusted and stabilized even Bitcoin goes down at that time and most of project bleeds but keep in mind mostly it work but sometimes it goes against you so be prepared for unexpected ancidents. DYOR

It's true that after Luna ancidents and some other people feel huge risk to swap thier fund to stable coin, I believe Bitcoin will always be beneficial for you as no matter how down it goes it will comeback and return you investment in double or triple so always choose Bitcoin for safe journey

I think no altcoins are up during bear season and if there's any it will only rise in a few days but it will still end up to dropping,if the bitcoin fall almost all altcoins price drop i see it so many times before not just once,when i check my portfolio during bear season every token price are color red which indicates that the price are dropping.

Bro, I really do understand the angle you are coming from, you just want to hold unto your gains when the bull run is over, but thinking of swapping Bitcoin to an alt coin or shit coin is actually suicidal, because we all know that alt coin and meme coin falls more than they rise,  and if the price of Bitcoin can  crash by 40% as you said, I can bet that all alt coin and shit coin alike will crash up to 70%, so the best possible option is to hold your asset in a stable coin as usdt.
Lastly, in my own perspective bro, this is actually not something to worry about because  I don't think the usdt will be depegged anytime soon, so holding your gains in a stable coin is actually the best way to go, considering all the available options, though I might be wrong, but that's my own opinion though.

Bitcoin drives this market's tendencies in every directions. Altcoins just follow Bitcoin's fluctuations. There are some exceptions, but it's not possible to predict them, because they move based on pump and dump schemes launched by the developers to take advantage of the current market's conditions. So, let's say Bitcoin just crashed, then money is injected in a random altcoin to give investors the impression it's superior and more profitable compared to Bitcoin, since it's pumping, while the king of crypto market is falling down.

Personally, I would just ignore altcoins going up when BTC is going down, because there is a huge chance it's an altcoin displaying artificial performance, which can't be taken seriously on long term.

I have experienced it from the market many times, but not all altcoins that dump or pump whenever BTC is pumping or dumping in the market because there are some altcoins which are not pumping till now since BTC dump to $57k. Some altcoins that is dumping with BTC are ETH, BNB and Sola and other which is very common in the market and people are using the price of BTC to monitor ETH, BNB and Sola price to earn profit from their hodling.

If you want to earn profits from altcoins investment whenever BTC investors are earning profits, make ETH, BNB and Sola your choice and you will enjoy your altcoins investment because am talking from experience.