When the value of cryptos falls, many traders double down effectively strengthening their commitment to a course of action that is potentially risky because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or one large move. By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article!
https://medium.com/mark-price/the-chop-c55567cb7d26 In recent times the two market (bitcoin and altcoin) haven't been moving proportional in case of rise in price, bitcoin has been moving upwards leaving altcoins behind but the case is different when bitcoin dumps because it affects altcoins too. Taking risk by buying the dip shouldn't be advice in altcoins as there's no guarantee of a rise in price but that of bitcoin is very certain although the time difference to achieve this isn't as short like in the previous years.