Post
Topic
Board Altcoin Discussion
Re: rising bitcoin prices, will altcoin drop?
by
Netcave
on 30/07/2018, 13:27:33 UTC
hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?
because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss? or it is profitable for those using ALT / USD
I think it will depend on the global market situation. When Bitcoin grows, it is inevitable that some will exchange altcoin with Bitcoin. But when a lot of fiat comes in with a balanced ratio, I think the altcoin market will be fine, at least it will remain stable even though it has not increased.