If its just for the sake of saving risk then its not.
I mean, they will just go back to the coin they always prefer.
Well, it will be good for traders who knows no greed.
Fluctuations like that is where they will profit. But I doubt they will be appreciated for doing that.
Besides, they are also making profits by doing it. Still, it sounds risky for me.
Topic: Will Altcoin's loss become Bitcoin's gain? - page 3. (Read 676 times)
Been also watching the market as a whole and its happening that whenever BTC falls there are several Defi projects that continue to rise in price yet its marketcap isn't getting bigger.
The entire marketcap as of the time of writing is Market Cap: $973,828,828,765 by the next few hours, it could break to trillion once again and BTC will bounce to $33-34K. This could mean that BTC's loss is altcoins gain and vice-verse.
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well. When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
The bitcoin dominance has been decreasing for some time and this means that it is instead happening the opposite, bitcoin is losing strength while altcoins are gaining it, this is why now we are seeing altcoins begin to move independently from bitcoin and some are going down while some are going up.I still do not think that we are going to see an altcoin season or anything like that but since bitcoin is no longer moving in the way it did a few weeks ago speculators are using other coins to try to increase their stash, but make no mistake if the price of bitcoin begins to go up again they will come back to bitcoin immediately.
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well. When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin.
I was very surprised by the price increase that XRP had, it was a big pump, but I don't buy XRP and I still think that XRP is the worst investment that anyone could do
Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
look well at the current bitcoin price, it is trying to stay above $33000 and is not succeeding, this suggests that if it continues like this we will see a big dump
In my opinion there's no correlation with the market value of Altcoin and cryptos. There are indeed times wherein when the market price of this market industry is in green marks both altcoin and bitcoin are all affected. But I doubt there's a direct correlation with its market value such that everytime the market price of Bitcoin is falling, same thing will already happen to the market value of altcoin. There are times wherein indirect correlation is more observable regarding their market prices. The prices just depend on the demand and supply of a crypto alone, having no effects with one another.
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well. When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
Every people have their strategy to deal with the market situation, some people buy more, turn into bitcoin or stable coin, and many more. But Altcoin will survive no matter what happens in the market. Be patient and you will know the truth of altcoin Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well. When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
Well, I'd say it's somehow like that but not all the time. I mean, I know you are familiar that Bitcoin and alts are somehow moving in the opposite way but there are some cases that they will either go up or down at the same time. When alts are in a bear trend I will assume that people will try to move most of their stash either in stable coin or in Bitcoin which will lead for Bitcoin dominance to go up and as for Bitcoin enters the bear trend alts will now shine. 
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well. When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
Most people are in dilemma between holding BTC ot alts. If BTC goes to $50k from here, they will get only 2x profit but if some alt they holding pump, it could go upto 10x or even 100x.Personally I prefer holding alt.
I agreed with you and i observe that many traders do this strategies. They invest in altcoin when price low.
When altcoin pumped they transfer their fund yo bitcoin which reault in pumping of btc. This not happen all time..
Some trader use this strategies.
When altcoin pumped they transfer their fund yo bitcoin which reault in pumping of btc. This not happen all time..
Some trader use this strategies.
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well. When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
why people choose to put their assets in bitcoin, because I think someone prefers a safe zone to move their assets to bitcoin, so I think they will only put a few percent of their assets in some altcoin of their choice which of course they want there will be an increase in altcoins when there will be a decline that will occur in bitcoin. 
For me, not really. Usually what happens is that these funds will be transferred back to their respective assets as soon as the market stabilizes, so it is a give and take relation for bitcoin and altcoins in the market really. You'll see in a few months how this works, especially once bitcoin's value drops down, altcoins like XRP, will flourish while bitcoin will be in a lay-low state.
Bitcoin and altcoins are already inextricably linked. They complement each other and capital constantly flows from altcoins to bitcoins and vice versa. Altcoins will in any case exist and develop further, since they perform many more different useful functions than bitcoin. At this stage, it is no longer possible to remove altcoins from the market. The role of bitcoin is also increasing thanks to altcoins.
Really hard to say at this point though, there are a lot of players who have their intention specially in the altcoin market, pump and dump groups, manipulators, and now WSB. Look at Doge latest pump, and then it went down hard as well, we really don't know if those who profited move to bitcoin or not.
So no one can tell if there is a direct correlation now, the whole crypto market's narrative has change a bit as well. So I would say that there is no relation whatsoever.
So no one can tell if there is a direct correlation now, the whole crypto market's narrative has change a bit as well. So I would say that there is no relation whatsoever.
Doge was pumped and it will get dumped but there are chances that it could get another pump much higher than the last pump within a week or so. If I am not wrong this pump of the Doge thing has changed the way of the cryptos to a pump. Bitcoin in theory can go lower than 30k and few alts will follow it like babies. Other may show different patterns. However, it is a truth that if Bitcoin goes below 28k then others will follow it blindly.
Doge was just pumped intentionally, it wasn't really about Dogecoin increasing in price naturally. If you were to just randomly look about how Dogecoin reached the current price, you'd easily see how many people were trying to intentionally hype Dogecoin saying it'd go above 1$ or something, when the increase it had was obviously a pump. Well, it pretty much went down right now though, so I guess those people who would hype more altcoins would now swap onto another one.
Bitcoin has nothing in relation with whatever the altcoins do though. Altcoins may be affected by how Bitcoins price grows, but the opposite rarely happens, or maybe doesn't even happen at all. Plus, investing in Bitcoin and investing in altcoins solely depend on your portfolio, and even if Bitcoin were to "pump" as you say, it'd naturally depend on how traders would take it instead of whatever you and many others just say. Trading is a personal decision in the end after all.
Bitcoin has nothing in relation with whatever the altcoins do though. Altcoins may be affected by how Bitcoins price grows, but the opposite rarely happens, or maybe doesn't even happen at all. Plus, investing in Bitcoin and investing in altcoins solely depend on your portfolio, and even if Bitcoin were to "pump" as you say, it'd naturally depend on how traders would take it instead of whatever you and many others just say. Trading is a personal decision in the end after all.
It works in opposite way. While btc is growing alts are dead. Right after bitcoin correction alts are growing
I have high hopes for Ethereum because its performance this year is great. It's a "late bloomer" because people thought that it would explode right after 2.0 transactions were tested but it didn't. It also didn't do much when Bitcoin hit its all time high last year. That said, Ethereum's explosion usually marks the beginning of an altcoin season, or at least it did in 2018. We might see another, bigger bullish move on Bitcoin followed by a similar move of the bigger altcoins.
Can't really blame it, Ethereum's launch was overshadowed by the ATH of bitcoin which is far more beloved by many. I do hope that the time will come that Ethereum will have its share of spotlight. But I do not think that this year will be the same as 2018, remember that the prices are still higher than ever and institutional investors are still on the market so we might see another pattern here. Not to mention, volatility in cryptocurrency market seems to be as strong as it is back then so we shouldn't let our guard down and have this speculation blind us from the logic and rationality of the situation at hand. 
It is not bloodbath, it is the daily altcoin pump and dump! And those other shitcoins aren't performing well, it was just their turn to be pumped. Each day the pumpers choose a select number of shitcoins to pump and then they pump those coins as much as they can. But after some time which can be a couple of hours or a couple of days, they will dump the same shitcoin to pull out their money and put it into the next one. So for example they pump Doge 2 days ago then dump it today and put the money in XRP to pump it today and tomorrow they dump XRP to pump something else. And the chain continues forever.
None of it has anything to do with bitcoin though. But the moment bitcoin starts rising back up again and crosses $37k-$38k then all the altcoins will get dumped hard.
None of it has anything to do with bitcoin though. But the moment bitcoin starts rising back up again and crosses $37k-$38k then all the altcoins will get dumped hard.
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx and all wherein other altcoins like XLM and XRP has performed well.
It is normal. Do you think that Dogecoin will keep moving up after its blatantly pump from tweets?XLM and XRP were pulled back a lot after their pumps months ago. You can take them as the future plan for Dogecoin that were pulled back and will be pulled back more before the next pump.
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When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
Bitcoin and altcoins usually move in opposite ways: one moves up, the another moves down and it is very seldom to see they both move up or down. 
Today the crypto market has behaved in a wierd manner wherein we have seen bloodbath for some altcoins like doge, trx
I'm asking these days why you are a senior member yet don't know what you are posting . Doge and XMR had Pumped already and almost made their way up so why ask this question ?Quote
and all wherein other altcoins like XLM and XRP has performed well.
These 2 altcoin has been in Bloodbath for long time and now ? of course volatility act right ?Quote
When the altcoin goes into red then the users usually transfers their funds from altcoin to either a stable coin or bitcoin. Since Bitcoin is in the verge of further pump users would prefer Bitcoin as the most suitable alternative for their funds, by this way it's bitcoin's gain isn't it?
You have already answer so what's the sense ?Market is unpredictable so everything may happen , and you are a years on this market and forum you should know the answer.
If bitcoin starts to increase but not rise too high, I think the users will select the stable coin to hold their money. If the bitcoin price can be down for more, they will choose bitcoin and hold it because after the price stays at a low price, it will start to rise, although the price will increase so high. But the users will observe on the market, bitcoin and altcoin market, and they will not make a rush action to buy the coin. The users will not purchase bitcoin at a peak because they will risk their money. They will search for a good time to buy bitcoin.
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