Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Trading Discussion
Re: Bitcoin Dump - The Worst Thing
by
Taskford
on 09/12/2019, 12:06:41 UTC
Quote from: miningguru on December 09, 2019, 11:57:23 AM
Quote from: alisonwonder on December 09, 2019, 11:30:30 AM
Quote from: DashingAgent on November 29, 2019, 11:50:22 AM
Bitcoin Dump - The Worst Thing

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

I think when bitcoin dump why altcoin also dump, because when bitcoin dumps everyone will try to buy at the lowest price, so who hold altcoins sometimes follow the bitcoin trend. but when bitcoin is stable, altcoin will pump.

Yes, now the market situation is completely unpredictable because whenever Bitcoin dumps and Pump altcoin prices are kept decreasing and it is giving very good opportunity for the investors to grab the low valued altcoins. When again Bitcoin is becoming stable then the altcoins will start increasing their prices.


Agree that's why there's no need to be afraid on the situation of the alts since for sure there is a great comeback coming unto them when there's a great things will happen on bitcoins and we should remember that there is a halving coming which could lead for a good price growth so provably  we can experience the great market price bursting just like what happen in year 2017 events.