Post
Topic
Board Trading Discussion
Re: Btc and alts
by
Hasan986
on 23/12/2020, 22:10:35 UTC
I am confused among these, cauze people says
 
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other 

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)
I agree with your 1st statement. When BTC pumps, it also pumps altcoin. However, I could not agree with your 2nd statement. I have seen some specific Alts pumps but not much effect on BTC. However, if BTC moves, it has an effect on Alts.