Im a N00b. I noticed that most of the top altcoins price went down when btc price went down. I bought some bitcoins so i can buy some NEM. I was wondering if I should wait a little while for the price of btc to go back up or would that mean that NEM prices would most likely go up too?
i think its because bitcoin is still for adjustment for the other altcoins and no matter bitcoin is up and down, the altcoin will be followed but for some other altcoin, the price is not follow bitcoin. if you can see in other market like yobit, bleutrade, c-cex, hitbtc and else, if btc is down, some of altcoin is increase but the most altcoin especially in top 50-100 is going to down.