Post
Topic
Board Altcoin Discussion
Re: Why are altcoins so fragile compared to Bitcoin?
by
cytpoway121
on 26/02/2020, 22:42:53 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.


One of the major reason i believe is the total reliance on Bitcoin, Most altcoins are usually trade paired to btc.
Which is why sometimes, when bitcoin dumps 10%, certain altcoins dump 100%

and even on rare occasions, if bitcoin moon 20%, some altcoins dip 200%, it has to do with the sats of the buy orders too.

Why not try trading and practise with 5$-10$ see what you can do ?

Just my views though, do your own research and have a better understand