Post
Topic
Board Altcoin Discussion
Re: Who Agrees with Me?
by
sinkfish
on 27/09/2018, 08:09:21 UTC
So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

This is how its happen,

Bitcoin is the main and only way to altcoins. to bull the market, you have to buy in bitcoin, that's where bitcoin price will go up at 1st, then bitcoin traded to altcoin, bitcoin will trade lower and altcoin will go up. in turns, more people buy in to bitcoin, but not necessarily in buy in to altcoins. which in turn increase bitcoin price. the cycle continue until it some people decided to cash out from crypto.