Post
Topic
Board Trading Discussion
Re: Bitcoin Dump - The Worst Thing
by
bitgolden
on 25/12/2019, 11:54:53 UTC
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?
Do you also ask yourself why does altcoins dump also when bitcoins pumps? Cool
The thing is this – it’s not every altcoins that falls when Bitcoin dumps, but majority of them do and it’s also not every altcoins that falls when Bitcoin pumps.

Explaining this is a difficult thing to do, but let’s say that altcoins are mangoes and Bitcoin is the USD, there are times USD will gain value and mangoes will still be sold for the same price as they were being sold before Smiley. Now that means that you now have extra USD and you can buy same number of mangoes and now have extra change remaining. Something like that I guess.