Post
Topic
Board Altcoin Discussion
Re: Do ALL Coins always move together?
by
newwest
on 23/01/2018, 15:08:07 UTC
not really, but you should aware that bitcoin is almost affecting all alternate coin. I am not sure why, but maybe many platform used bitcoin as a transaction method. If bitcoin go down or up, many alternate coin will follow it. But it is possible for alternate coin it self go up without when bitcoin is still steady.
Perhaps the status of bitcoin is too important. If anyone thinks Bitcoin does not work. He may take for granted that other coins will not work either.

I have observed that for when the btc price rises the altcoins falls and when the btc prices falls altcoins do fall again. But after a short while or in a day the altcoins starts to move upwards again though not all coins but few coins which has being dumped badly during the fall. This actually gives us a very good opportunity when the falls happen to buy those coins at lower price.