Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
Yes it's bad, Altcoins are related to Bitcoin even if there can be slight differences, but the entire market is bullish if bitcoin is bullish and is bearish if bitcoin is bearish.
I think yes because I know if the BTC down alcoin will go down and follow the movement because altcoin and BTC need each other then if Bitcoin price up altcoin will go up as well and now we better hold the altcoin we hold and wait for the price of our new rising BTC sell the altcoin we hold