Post
Topic
Board Altcoin Discussion
Re: Why when the BTC goes up the ALT goes down?
by
wheelz1200
on 23/12/2020, 23:15:41 UTC
Hi all,

I don't understand why when the BTC goes up then the ALT goes down?

Can someone explain me why?

Thank you

Simple:

Most alts are only a gambling mechanism to get more bitcoin.  So when bitcoin goes up, most people sell their alts because they don't want to miss the bitcoin spike.  Dont altcoin too often or you will end up at a loss.