Post
Topic
Board Altcoin Discussion
Re: Why are altcoins so fragile compared to Bitcoin?
by
michellee
on 14/02/2020, 09:53:22 UTC
Hi friends:
What is the reason for the large fluctuations of altcoins in your view? Why are altcoins so fragile compared to Bitcoin and fluctuating with the smallest news? Of course, I mean the altcoins that have good ideas, professional support,... not the shitcoins.


That is because the altcoins follow where bitcoin price moves, and the altcoin still behind bitcoin. Bitcoin still leads the crypto market, and if somehow bitcoin price is down, the altcoin will also down, and sometimes, the altcoin down will be too deep than before. That will make the altcoin fluctuating than bitcoin, although bitcoin price itself is fluctuating too. If we want to make a profit, I think we can try to trade with bitcoin pair usdt so we can have a chance to make a profit from the fluctuating price of bitcoin price.