Ninjastic
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Topic
Board Altcoin Discussion
Re: Why when the BTC goes up the ALT goes down?
by
tarik420
on 24/12/2020, 17:08:11 UTC
Quote from: Sun2k on December 23, 2020, 04:06:36 PM
Hi all,

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

Can someone explain me why?

Thank you
i have a simple example, suppose you had 500 dollar of ALT coin, when it gose up to 550-600 dollar, you just swap it to bitcoin. i think most of the investor did not used their ALT coin as a long term investment.