Can someone tell me why the Alt coins price is affected so much my bitcoin price? I feel.like I'm investing in excellent altcoin projects but due to bitcoin they just seem to plummet........argggggg. Many thanks in advance
For me I can see that altcoins and bitcoin is not connected, "sometimes" why? it is because some altcoins stands independent because they have different investors who choose to hold, sell and trade which like to call marketing contro.
Yes it is a fact that sometimes when bitcoin goes down the specific altcoin goes down as well but that can be changed due to investors who seek to buy the specific altcoin they want.
To understand it, sometimes altcoin is independent and not it is because of the people who hold and buy altcoin.
In short they move because of the people who manipulates the market of the cryptocurrency.