Re: What will happen to alts if Bitcoin crashes back to $5000?

Quote from: EscrowService28 on October 05, 2019, 02:37:43 PM

Quote from: msg768 on September 05, 2019, 02:21:11 AM

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts? Undecided

ALTcoins will definitely follow the trend of BITCOIN, but most of them will have a hard time to recover. BTC is trying to recover and regain everything, i just hope that all those altcoins worthy and have a very good campaign will have a chance to recover.

not all altcoin buddy, but indeed most of the effects of the price of bitcoin affect the price of altcoin. if what happens is a decrease in bitcoin which is very far below, then there may be very many people who leave this market. either save their capital or withdraw their capital. because when the investment market goes down and demand decreases in investors' eyes it will be very bad for investment.