Post
Topic
Board Speculation (Altcoins)
Re: bitcoin down, altcoin rise. why?
by
Wish 107.5
on 05/08/2018, 15:48:14 UTC
I believe one of the main reason is that people who make an investment in Bitcoin move their investment to other altcoins, usually alt coins will rise when the Bitcoin price stable because people make their investment to alt coins.
Yes, quite a point you got there, in fact it doesnt happen all the time since all coins depend on the movement of bitcoin and they can be affected by the shape of bitcoin is in. Maybe its all about other factors intervening