Hi guys
Anybody noticed when there's a peak in currency, the 3 cryptocurrencies seems to be synced?
Take yesterday. There's a peak at 11800 US dollars and the a steep fall to 10600 $
Same time at day for Litecoins and Ether there's a steep incline and then a decline. Can anybody explain why this is?
Sincerely
It's coincidence. If you look at any short period you can find any number of currencies that rise and fall in tandem with bitcoin; or run in the opposite direction. You better be very careful in investing in such a manner. I remember when Dogecoin and Bitcoin were running in tandem?
So very much happy didn't put my money in Doge. Much glad.