Post
Topic
Board Speculation (Altcoins)
Re: bitcoin down, altcoin rise. why?
by
TheClownSong
on 09/09/2018, 09:53:53 UTC
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

Maybe because bitcoin holder trying to speculate with altcoin, and they convert their bitcoin to altcoin. But mostly what happen is when bitcoin drop the price, most altcoin price following because bitcoin is main currency in market