Post
Topic
Board Speculation (Altcoins)
Re: Is altcoin is too riscky to invest now ?
by
Dasinc
on 11/06/2018, 20:59:37 UTC
As experienced traders say, the best time to buy altcoins is when bitcoin freezes in price movements. While bitcoin takes off or falls, the markets altcoins usually drop, since the money circulate between BTC and Fiat currency.

However, in the last few weeks, in those moments when bitcoin was moving in a sideways trend, altcoins rose in price. From time to time, each cryptocurrency of the top 100, with the exception of bitcoin, was in green color, as in the altcoins markets, which for several months lacked investment funds, they received an influx of capital.

Known altcoins such as Litecoin and Monero, it is well established as new money, and because of this, relatively cheap alcaine won most of the stagnation and decline of bitcoin.