Post
Topic
Board Speculation (Altcoins)
Re: How bad is other altcoin value
by
the rise
on 24/10/2019, 08:40:58 UTC
Altcoin is a lot that goes down not because of bitcoin because it is not interested in traders and also the development is not clear. sometimes we see a decrease in price just think that it is the effect of bitcoin rising or falling but actually there are still so many factors that make altcoin experience a price decline. platforms that don't work and don't sell well in the community also make no trade
Other reasons besides the BTC condition still appear micro, yesterday's example is TRX which has a case in China, the price reduction did not occur significantly and the recovery went smoothly in July. But when BTC went down, TRX could not survive and fell about 150 sat and is still low until now. bitcoin is still the dominant reason for altcoin, even the usdt / alt pair as an alternative doesn't really help.