Quote from: ngocdhbk2 on December 28, 2020, 11:50:22 PM

Quote from: Natsha774 on December 15, 2020, 07:50:45 AM

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)

The relationship between Bitcoin and Altcoins is very close, Bitcoin usually rises in price and altcoins do as well. Conversely, Bitcoin decreases altcoins, but some Altcoins have positive news from developers that cause them to increase in price when Bitcoin falls in price.

Bitcoin increases, altcoin prices go up? I think you are wrong, when bitcoin prices go up,
altcoins tend to dump, and if bitcoin decreases then altcoins will also dump,
this is the relationship between bitcoin and altcoin, unless bitcoin is sideways then altcoins usually will try to go up.