Quote from: adzino on Today at 07:34:44 AM

Quote from: anshuBounty on October 26, 2020, 03:56:47 PM

Bitcoin pumped the there is massive dump shown in the Altcoins. whether the Bitcoin is now stable and mostly Altcoin are recovering with slow rate but atleast they recover. I think the mostly an altcoins are recovered on their previous rate in 1-4 days or maybe big pump also. I want to know your thoughts about this Bitcoin versus and altcoin.

We have seen this before. When bitcoin price starts to rise, the prices of altcoin (specially those lesser known altcoins) starts to drop in price. This is because people starts dumping their altcoins and invest everything in bitcoin. Hence, the price of altcoin starts to dump down and that of bitcoin starts to go higher. When the price of bitcoin stables down, people starts to buy back their altcoins they have sold. Hence, we see a slow but a steady rise of the price of altcoins.

Quote from: anshuBounty on October 26, 2020, 03:56:47 PM

I know that Bitcoin shows the massive pump and dump at the same time but are looking altcoin give higher profit because they are less risk. What's your thought about this?

Yeah, altcoins might give you better profit, but they are MORE risky to hold.

If you look at the chart of almost any altcoin - you can only see the price decrease for the last three years! Accordingly, HOLDing altcoins made only a loss for its holders!