i'm new at bitcoin trading
i have read this little note of bitcoin trading someware
Bitcoin up = altcoin down
Bitcoin down = altcion down
Bitcoin stable = altcoin moon
is it true? can i use it for a guide in trading?
and why Bitcoin can greatly affect to other coins
i know bitcoin is the king, legend, the first but is it possible just because of that?
Not true.
Usually bitcoin has a lagging effect. So altcoins will move faster than bitcoin whether is it up or downwards.
Best is to sell alts to btc when alts overbought and then buy alts with btc when alts oversold...repeat
and become rich.