Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
Neversettle
on 20/07/2018, 09:53:08 UTC
can someone explain this bleeding of altcoin ? while btc still 7.4k ?
Is the investor afraid of the possibility of drop BTC to 6K?

SO  i am confusing Grin

As I know if BTC prices are likely to go up, then investors or traders will sell their altcoins to buy BTC. That's why altcoin prices will go down, but that's the best opportunity for those who still hold cash money to buy altcoin at a cheap price. I think as long as there is good news then BTC will be in up trend

The altcoin price will surge if the bitcoin price hit a major peak and is consolidating. Many are selling their coins right now to further increase their BTC position to buy in again later at a reduced price