Post
Topic
Board Altcoin Discussion
Re: Is Altcoins Follow BTC Rally?
by
Hamphser
on 27/12/2020, 22:41:58 UTC
altcoins do not follow the bitcoin rally, you should know that, yes even though there are altcoins that follow bitcoin,
but almost all altcoins when the price of Bitcoin goes up altcoins will experience sideways and even dumps,
don't choose altcoins carelessly if you don't want your portfolio to decrease

You are right! They don't correlate from time to time because altcoins doesn't really always connect on how bitcoin moves and as mentioned you would
really be having a hard time on recovering or breaking even if you do make those kind of assumptions basing off on whats the trend between
alts and bitcoin itself. Try to observe and if you've been on this market for a while then you would really able to tell those differences.
You should always stick into those best or top rank ones when they do correct in price, always buy in the dip and when the time it recovers
then that will surely be a profit.