Quote from: TheClownSong on February 23, 2020, 09:24:57 AM

Quote from: aliijaz12560 on February 02, 2020, 10:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Investors will start buying altcoin when the price of Bitcoin moves up. Investors tend to speculate on altcoin when the price of Bitcoin goes up and I think this is reasonable because altcoin prices go up. In addition, the dominance of bitcoin in the cryptocurrency market will go down when altcoin prices start rising

I don't think the same. What I think is the time bitcoins would start showing us some growth would be the time when majority of the altcoin holders would sell their altcoins or convert them to bitcoins to get majority of their hands on bitcoins. Once bitcoins stabilizes, they would again sell bitcoins for majority of altcoins and it would be the time when altcoins would start growing again.

The time bitcoins start pumping would be the time for us to start buying altcoins also on a dip which would surely be hiked to a another peak where we have to sell those altcoins and wait for another dip. This is how the markets run according to me and it makes it easier for me to make profits in both bearish as well as the bullish markets.