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Topic: Why stable coins/tokens always go opposite to all altcoins - page 2. (Read 316 times)

hero member
Activity: 2366
Merit: 504
Sometimes it goes the same way as those altcoins do, if I'm about to give vague answer, it's just a mere coincidence that you found it that way. However, it's just simply demand and supply doing its action. for all I know if bitcoin is being dumped that means people are selling off or in other words buying these stablecoin or the other way around, that clearly explain your question.
sr. member
Activity: 560
Merit: 250
We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?
The opposite happens due to human needs. because when the coins grow, the holders of the stablecoins will sell it quickly and buy the coins. it is also one of the fomo effects and investors will have to quickly seize the opportunity to make a profitable trade. and when alts and btc are sold off, traders will sell off and fiat users will take advantage of the opportunity to buy more stablecoins and buy alts when they are cheap.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
That means when stable coin gets red pattern and so many stable coin holders sold their stable coin for altcoin or bitcoin and otherwise people will try to buy bitcoin and sell their altcoin when the bearish trend for altcoin is happening and this trend will always like this forever.
This is right. Think its just a matter of demand and supply. Thats normal to see when the market for crytocurrency the none stable coin goes up the stable coin will react opposite cause everyone buying crypto and demand for stablecoin gets lowered. It same when the vice versa happened. It's really just a simple understanding about the exchange of two factors.

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?
That means when stable coin gets red pattern and so many stable coin holders sold their stable coin for altcoin or bitcoin and otherwise people will try to buy bitcoin and sell their altcoin when the bearish trend for altcoin is happening and this trend will always like this forever. It's easy to understand about the correlation between both
copper member
Activity: 897
Merit: 1
We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?
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