Topic: Why Bitcoin Climbing Stable while most other Altcoins get RED? (Read 192 times)
Bitcoin is more stable than altcoins because people has more trust in it , i think because is it the beggining of a new world, the crypto world.
I think this the matter of trend now. As people are seeing that the price is going to increase with the bull run, So, more and more people are getting involved again to bitcoin. As a result, the price may $12000+. What do you think?
A trand you say? Bitcoin from the beginning was the most popular and trand coin and investment, but this didn't bother it to fall down almost to 5k $ this winter. So, I think the point here is not about the trand, but something else. Unfortunately, I have not too much experience with crypto to give an answer for such event.
Because so many people buy bitcoin. Their number is limited. Here at this price on bitcoin will rise. If other alcoves were very well scorched then naturally and they would have a good price, and maybe even higher bitcoin because their quantity is limited.
The question is not why but when will alt prices start increasing, for with the steady rise of btc, alts will definitely go up soon.
Bitcoin is be knowledgeable to citizens. Even the people who be knowledgeable sport about crypto has learned about bitcoin. Hedge functions and correlative interactive adorning functions extremely rank bitcoin as an investment but not other cryptos
I think it is due to the fact that there are a lot of people who are putting money into bitcoin than they are into altcoins. The truth is that no matter how many coins are put into the market, bitcoin will always be the number one coin, it will always be the coin that people are willing to put money into. The more people buy bitcoin, the higher the price will go from here on out. Let's just hope that the altcoins starts to catch up soon.
Some of the guys are telling that this is happening because most of people are believing in Bitcoins growth, so they are selling their alts to buy more of Bitcoin and have it on wallet, in case when bull run will take place. 
I think this the matter of trend now. As people are seeing that the price is going to increase with the bull run, So, more and more people are getting involved again to bitcoin. As a result, the price may $12000+. What do you think?
A trand you say? Bitcoin from the beginning was the most popular and trand coin and investment, but this didn't bother it to fall down almost to 5k $ this winter. So, I think the point here is not about the trand, but something else. Unfortunately, I have not too much experience with crypto to give an answer for such event.
You still do not understand? The fact that people are starting to pour their assets from altcoins in BTC, because they believe that it is the BTC that has serious opportunities for good growth. Therefore, they ignore the fact of losing money.
Bitcoin is just showing it's quality. The coin has taken enough beating in the market in the. Recent past and it was. High. Time it gained valuation,it's unfortunate that other coins are taking a dip but for ETH I believe the coin has enough quality to. Raise again someday,
I think it is due to the fact that there are a lot of people who are putting money into bitcoin than they are into altcoins. The truth is that no matter how many coins are put into the market, bitcoin will always be the number one coin, it will always be the coin that people are willing to put money into. The more people buy bitcoin, the higher the price will go from here on out. Let's just hope that the altcoins starts to catch up soon.
People are very exposed to the news background, so the capitalization is poured from altcoins to bitcoin. Although not all Altas are in the dump, there are rare exceptions.
Looks like it will not stop at 9500 as well because the signs are extremely bullish as dominancy is increasing and people have started selling their alts for btc this will create fomo and will bring even more bulls for btc.
One possible explanation could be that a lot of altcoin traders who came in during the bull market and which are heavily under water see this surge in BTC price as a good spot to save at least a bit of their funds and decide to exit the alt market through BTC. It's obviously not the best idea, but if someone is 70% down, I can see them panic-selling when they are 15% up from their position.
I think at that time many peoples are selling alt coins to buy Bitcoin. Because of that altcoins prices are going down. But after stabilizing the BTC all good coins up to the moon.
This is a question that has crossed through my mind too, and I have been meaning to ask. I have always though that Bitcoin has an indirect effect that it plays on the other coin, and that an increase in its price might lead to a relative increase in the price of altcoins. Does the recent trend show that my theory is wrong?
Bitcoin is know to masses. Even the people who know nothing about crypto has heard about bitcoin.
Hedge funds and similar mutual investing funds too categorize bitcoin as an investment but not other cryptos.
Hedge funds and similar mutual investing funds too categorize bitcoin as an investment but not other cryptos.
Why Bitcoin Climbing Stable while most other Altcoins get RED?
Bitcoin climbed from $6300 to about $7300, then $7800 and passed $8500. It is so stable!
At the same time, most altcoins get Dump. NEO, ETH, XRP...
What is the highest BTC price in this wave? I guess around $9500.
I guess this is the most common thing traders do after seeing a BTC pump from a very long dump. They tend to sell some of their altcoins to have BTC on hand, and then sell it at the right time to buy back their altcoins. Also, I think in situations like this, altcoins's dollar value will stabilize (meaning its BTC price will go down) and then after some time, its BTC price will start to follow the uptrend. Bitcoin climbed from $6300 to about $7300, then $7800 and passed $8500. It is so stable!
At the same time, most altcoins get Dump. NEO, ETH, XRP...
What is the highest BTC price in this wave? I guess around $9500.
It will take approximately a month or two to recover altcoins. Be patience and hold your altcoins. It just a matter of time.
The same question came to my mind too. When I am feeling good to see bitcoin at above 8200 USD at the same time I feel pain by seeing altcoin red sign.Maybe Altcoin needs a big news? I don't know here.
Bitcoin can surpass 10K USD this time, about two months ago bitcoin went to 9900 USD but that time bitcoin couldn't make 10K , let's see what happen in this wave.
Bitcoin can surpass 10K USD this time, about two months ago bitcoin went to 9900 USD but that time bitcoin couldn't make 10K , let's see what happen in this wave.
i think it is natural to see some alternative coin drop when bitcoin price are rising, people are jump from alt to bitcoin, but in uncertain time it will time for alternative coin to rising surprisingly, so be patient and hold tight.
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