Hi guys. I'm quite new in crypto world (2 months) and trying to understand what's actually going on on the market. The thing is when Bitcoins grows, alts go down (or just don't grow), bitcoin goes down, alts go down even more - why? I don't exactly understand it and feel confused when to trade or invest. I mostly talk about ETH, LTC, Monero and other from top.
Thank you.
That's how markets function? Prices go up and down due various factors? Bitcoin is the foundation and if it drops, alts also drop. Bitcoin mostly goes down because of rumors that create fear in the minds of people, which results in immediate panic selling and altcoins mostly drop because of decreased demand and pump and dump policy of investors.