Post
Topic
Board Altcoin Discussion
Re: Bitcoin down Altcoin down
by
BryanRoseWalker
on 30/07/2018, 03:03:06 UTC
Bitcoin is a money to do price compared to altcoin. I think BTC and altcoin are following each other. Especially altcoin is based on BTC

agree, I know if BTC down Altcoin also goes down, but if BTC goes up Altcoin will also follow it. because I think BTC is coin the no 1 and its king in all coins. so it all depends on BTC.

if bitcoin rises, altcoin will decrease because the rally happens in one direction with the sale of altcoin to bitcoin, your assumption is less precise, but if bitcoin has corrected the price, then the concentration of trader will again buy altcoin and that's where the price starts to improve, the trend is not that fast because it must take momentum after the process toward the bitcoin correction threshold.