Post
Topic
Board Trading Discussion
Re: Bitcoin Dump - The Worst Thing
by
Best Dreams
on 12/12/2019, 21:24:18 UTC
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.

Not all the times because prices arent anytime correlated to each other on where btc price falls alts might rise.We have seen these events
same in the past but now were seeing the different one but well anytime it can happen.Its just random because traders/investors do have different
goals either they do accumulate alts when btc price drops or would simply switch up to fiat.Dump is an inevitable thing but it doesnt mean
that you cant make any profits with it.Think again!
Yeah, bitcoin in price Will rise and fall but we will have to take advantage from it and not to panic our coins until it fully rises again. We are in the digital era so crypto coins will rise and fall but we will have to move according to it. Try to buy some coins when the price is falling so we should try to buy when it down and simply try to store some low price bitcoin.