Post
Topic
Board Altcoin Discussion
Re: Bitcoin Vs Altcoin
by
TimeTeller
on 26/10/2020, 22:23:41 UTC
What's your thought about this?

No need to go technical. Might be this your first time to see such price movement recently so you are confused.

There should be no such thing in your mind like "bitcoin vs altcoin" during their upward and downward trend. Depends on what altcoin you are currently trading, you will really notice that while bitcoin is pumping, your altcoins can't ride the trend. It's usual. What you need to do is to think of a strategy for a situation like that since believed me, there will be lots of times you will see that kind of price movement while you progress in the crypto world.

That's true. It depends on the alt you are following as each of them varies in the market performance.
A lot of them "can't ride" as most of them have no solid application and they are only relying with the traders.
The OP will realize later on that bitcoin and alt have their own market contributors.
And in terms of alts, it really depends on their respective development team.
How they are moving forward with their objectives and mission as a crypto project.