Post
Topic
Board Altcoin Discussion
Re: why is bitcoin increase much more than altcoins?
by
haileysantos95
on 02/03/2018, 03:17:21 UTC
Guys
I just wanted to discuss topic  about the price after crash . Before crash bitcoin dominance was 34 percent  but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more  but in opposite doesn't increase as much as bitcoin.

Its because bitcoin is much more stable compare to other coins and there are lots of bigtime investor in bitcoin than its competitors. When bitcoin rises up altcoin traders tend to leave or put altcoin on hiatus and focus only on bitcoin thus leaving a small percentage of traders trade altcoin.