Post
Topic
Board Bitcoin Discussion
Re: Community Perceptions: What are Bitcoin’s barriers to entry against Altcoins?
by
Rourad08
on 25/06/2020, 14:12:10 UTC
The correlation is caused by trading platforms, as many trading pairs in highly liquid platforms are linked to Bitcoin or some small altcoin group, and therefore you will find that currencies not included in many platforms are less susceptible to Bitcoin price change.

Currencies not included on many platforms you will find at non-volatile prices.
The problem with these currencies is that they have low market capacities and therefore it is easy to lose your money if you invest in them.