Who Agrees with Me? - page 5. | Bitcointalksearch.org

Caladonian

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Activity: 1302

Merit: 540

Quote from: jikurpa on July 31, 2018, 11:11:24 PM

Quote from: Aaarono on March 06, 2018, 03:56:27 PM

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

I do not really pay attention to it that I understand is the unstable price change it is one of the risks in investing with cryptocurrency with it I remain confident investment with any cryptocurrency

Sometimes we also needed to use the previous movements into considerations, reviewing the flow and how things behave inside the market will allow us to assess much better, experience traders buy before the news and hold it till the news start to spread out then sell after some fomo's showed up taking the profits even in a small fractions, just needed to learned how to play well and create your own strategy.

Arrbuz

newbie

Activity: 98

Merit: 0

it's obvious, I agree with you . If bitcoin goes up, the prices for altcoins also go up

DavidY

newbie

Activity: 38

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I found this law. So I always advise my friends to invest in Bitcoin. Don't invest most of your money in altcoin. The investment law should be to invest in bitcoin first, then choose altcoin

Ranillo79

member

Activity: 240

Merit: 17

Buy, sell and store real cryptocurrencies

Thats rigth, if bitcoin prices is in his highest pump and probably 80% of crypto money is in btc. So at that moment altcoins will be down. Reverse process of crypyo morney, and if the altcoins is in pump btc is in dump. Means the percentage is going high in altcoins

drixty

jr. member

Activity: 154

Merit: 2

yes I agree. thats why im not botheres by the high and low in the market as long as I have my strong coins that can lasts whatever happens.

sabtu malam

newbie

Activity: 180

Merit: 0

If you think I might otherwise. Thus we should be investing with both. Altcoin is great for short-term investments, while the botcoin is suitable for long term investment. Therefore it would be nice if it supports both. And has investments in both.

Luntop

newbie

Activity: 168

Merit: 0

I also noticed that if bitcoin goes up then in a few days prices rise and other altcoins .

jikurpa

sr. member

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Merit: 250

Quote from: Aaarono on March 06, 2018, 03:56:27 PM

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

I do not really pay attention to it that I understand is the unstable price change it is one of the risks in investing with cryptocurrency with it I remain confident investment with any cryptocurrency

sherwinsamsung

jr. member

Activity: 201

Merit: 1

GPTCash Weekly Airdrop: https://discord.gg/cujJP4k

Quote from: Aaarono on March 06, 2018, 03:56:27 PM

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

during normal times, there would be transfer of money between bitcoin and altcoins, but the global coin market capacity stays about the same. this is due to some people getting profits off one coin and want to invest in other coins.

but there would be times where outside factors can influence the entire global coin market, shifting it up or down as a whole. negative media will result to entire coins being dumped for fiat. and positive media outlook and government acceptance, on the other hand, will have the entire coins rise in value.

Vampirepro

newbie

Activity: 74

Merit: 0

I think that's because of the link that some altcoins have with bitcoin, when the bitcoin goes up you can see many people selling their altcoins not to miss the rise of bitcoin, you can also see the opposite if some altcoin goes up, but it is much less noticeable because it would be 1vs1 and not all vs 1 as it happens with bitcoin, you have to remember that most people change from altcoin to bitcoin and from bitcoin to fiat if they want to make another investment

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: Layers318 on July 31, 2018, 09:47:12 PM

The price of altcoins are influenced by the market trend of Bitcoin because almost all altcoins are paired with Bitcoin on the various exchange sites. In the event of a fall in the price of Bitcoin, the altcoins paired to Bitcoin at that moment tend to lose their value alongside.

yes, this is what happens right now. and when the bitcoin price is down, the altcoin price getting the impact too. we are going to see another correction price again this time, but I hope that the correction is not too thick so the rate can increase and reach higher price again. but other altcoins trying to survive in this down and they can grow a little price, and I think the coins can make good progress in this week.

tuhnupeppu

newbie

Activity: 68

Merit: 0

It's pretty normal. It's a psychology thing. Bitcoin affects Altcoins because nobody wants to spend money on Altcoins when Bitcoin is mooning and vice versa. I guess you just get profit from bitcoin and at then end switch to altcoin when bitcoin is going down.

NickeyBubl

full member

Activity: 434

Merit: 100

Quote from: Aaarono on March 06, 2018, 03:56:27 PM

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

Yes, I agree with you, there is such a trend, this situation is repeated quite often, you need to use this in order to make a profit, but I do not always succeed, because sometimes it is very difficult to determine, when the growth or falling begins in the cryptocurrency market

Layers318

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Activity: 266

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CurioInvest [IEO Live]

The price of altcoins are influenced by the market trend of Bitcoin because almost all altcoins are paired with Bitcoin on the various exchange sites. In the event of a fall in the price of Bitcoin, the altcoins paired to Bitcoin at that moment tend to lose their value alongside.

hastag_80

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Quote from: Aaarono on March 06, 2018, 03:56:27 PM

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

actualy in my own observation and speculation once the bitcoin is going to the highest all altcoins will be affected and going pump too,because they will carried away the grow pump value of the bitcoin,thats why i conlcude in my own opinion that the bitcoin is the source of all cryptocurrency because no matter what happen to the bitcoin it will boomerang to all altcoins,but there are times also that bitcoin is in dump situation the others altcoins still rising,but nothing at all only a few like ethereum and ripple.

udayantha11

member

Activity: 798

Merit: 17

2023 would most likely be as bearish as 2022

I agree with you. the same thing happened every day. even the BTC dominance increased also this happened.

Good Bo

member

Activity: 204

Merit: 10

Quote from: hualangktsld841 on May 16, 2018, 09:09:03 PM

I agree with you that all altcoin will be exchanged through bitcoin, so each time we see a bit of currency rising first, the other altcoin will rise again, because the new money will first enter by bitcoin. It is for this reason that we have an advantage in patiently holding bitcoin.

Yes its normal thing happen in cryptocurrency becauss bitcoin is the strongest one. This thing mostly happen but not all of altcoin follow bitcoin but there are other not going through the same move. When bitcoin down, other people try to get another option and it make the choosen currency has not the same move with bitcoin.

/GeertJohan

sr. member

Activity: 409

Merit: 250

Generally, the whole market is moving according to the bitcoin, the prices are rising or the prices are falling. Bitcoin is in the base position of the market. When the price of bitcoin stable, altcoins are moving again.

Aikolmu

newbie

Activity: 41

Merit: 0

extremely, the changes that happen amongst bitcoin and altcoin are the exchange of clients from bitcoin to altcoin or the other way around. This happens on account of numerous components that happen.

pissuyakkuu

newbie

Activity: 98

Merit: 0

Up until this point, I see that all the altcoins are falling in cost, when the cost of bitcoin goes down, and develops when the cost of bitcoin additionally goes up. That is, altcoins, generally speaking, rehash the value developments of bitcoin. So it was not generally, and likely won't generally be.

I especially trust that some time or another altcoins will lose their value reliance on bitcoin and will autonomously create and shape their evaluating arrangement.

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