Post
Topic
Board Speculation (Altcoins)
Re: When altcoin price increase
by
armarsterling7
on 16/09/2019, 08:06:03 UTC
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
I think the price of bitcoin has a very small effect on the price of altcoin. In fact, the price of altcoin only increases when the altcoin actually grows, the altcoin's development team does really well, attracting many investors. Then their prices will increase very fast. This is just my personal opinion. But when I choose the altcoins to invest in, I care about the company and the development team behind that altcoin a lot, I think they are the ones who make the girls of those altcoins increase or decrease.