Hello guys...
I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
I think bitcoin is controlling all the altcoins. All investors seem to invest entirely in bitcoin and the sharks are evenly spread out of the altcoins. When bitcoin goes down, the altcoins go down because of the automatic effects of the crypto market and you need to understand that rule. I advise you to withdraw your investment as quickly as possible, for a new person, just $ 500 to invest. You should not be too risky with that amount.