Post
Topic
Board Speculation (Altcoins)
Re: what is happening now?
by
prof7bit
on 06/10/2019, 20:03:39 UTC
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

Normally altcoin price and bitcoin price do not increase at the same time. In 2017, an abnormal situation occurred as there were too many new investors entering the cripto currency market, therefore altcoins rose with bitcoin. These are my thoughts about this situation
That's right, now another strategy, Bitcoin was the first to rise in price. I think that the next step is the increase in the price of Altcoins. I expect by the end of this year that the market capitalization will be more than 350 billion dollars.