But almost every time when Bitcoin is up, al lot of the other coins also go up. And the moment Bitcoin drops , the other coins also drop. Is this just a coincidence or is htis how it always works? Can someone explain this to me?
I don't think it is a coincidence,the crypto currency investors may have some positve thought when the price increasing so they keep investing on other coins where there is price fall in bitcoin and it happens upside down.But there is no connection between the price of bitcoin and altcoins the supply and demand of each coin is matter.But it is not always happening that bicoin increasing altcoin also increasing,in 2017 other coins are stable but the price of bitcoin keep jumping to new heights everyday.So anything in the crypto world is possible but nothing can be predicted.Learn to surf on the waves bro.
