Post
Topic
Board Speculation (Altcoins)
Re: Which is the Top potential coin to buy now?
by
mr_random
on 31/08/2019, 22:18:22 UTC
I additionally propose to put resources into Bitcoin first as though the market will go to high then as a matter of first importance the cost of Bitcoin will go high after that the cost of different coins will pursue. I regularly do that I put resources into Bitcoin and when the rest of the coins begin to build then I put my cash there.
It is illogical to expect the increase on the altcoin's prices if the BTC market goes higher from the price of the last high level on small timeframes. The dominance of the Bitcoin increased a lot since 2017- mid 2018, the price meltdown in altcoins was the sign of the new bear market which covered the market with in 2 years

The price of the altcoins is headed to the support level which can be observed with fibonacci golden average rules. If the BTC price goes up, the altcoin market will go down. Concrete price correlation calculating will lead to a misunderstanding unless the trader has a decent experience in related subject.