Post
Topic
Board Beginners & Help
Re: BITCOIN AND ALTCOIN
by
Dreamchaser21
on 13/09/2018, 12:08:45 UTC
I have realized that whenever  the value of bitcoin drops in the cypto market almost all the altcoins' values also drop. Bitcoin is and has been the father of all cryptocurrencies but i still do not get the relationship and the rationale for the effects of bitcoin value on altcoins.
Bitcoin is the basis of all altcoins, and usually investors depend on bitcoin. There is no actual relationship with this coins but its more on the belief of every traders/investors. We have seen many of this in the past and we will still experience this in the future so we better use to live with it and know how can we make money when this two coins are falling.