Post
Topic
Board Altcoin Discussion
Re: bitcoin prices go down, why altcoins prices also go down?
by
mickeybuddy27
on 26/05/2018, 15:42:22 UTC
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.


the simplest example to explain to you is, because bitcoin is the reference of all altcoins present. the market has tied the bitcoin as the king of all crypto.
and altcoin trade and investment always involves bitcoin
There is same in the movement of price when it comes to bitcoin and altcoins because altcoin supported by bitcoin and it affects it. Instead of having a problem on this dip try to invest and use this opportunity to have huge amount to hold and wait for the good price. There are also some corrections on altcoin why the price decreases.