Post
Topic
Board Speculation (Altcoins)
Re: Market is red all over again...
by
Huskarls
on 03/04/2019, 16:38:45 UTC
once again the bitcoin price rise has led to a massive altcoin dump all over the altcoin market as they continue losing value against bitcoin and show red on the charts. interesting point is that the top coins with bigger market cap are dropping harder than the smaller coins which is probably due to the arbitrage opportunity between the ALT <> USD <> BTC which is also partly the reason for the ALT/USD small rise.

I'm actually pretty confused about what happened to traders now, when the price of bitcoin falls and doesn't rise, they complain. and even conditions were better than 1 month before, they also continued to complain that the altcoin also experienced a significant decline.I suggest them to stop complaining about market situation and never blame the market.