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)
This 3 scenario could interchange randomly depending on the trend. We cant just say that it should stick on #3 all of the time because lots of instances where #1 and #4 did happen.
which means you should really be careful on deciding neither you do get involved with alts or would simply stick out to btc.You would know on what would be your next step if you do
see the prices arent really that reacting much specially on altcoins which neither they can go along with bitcoin market trend or would just simply stay low and doesnt really make
any significant increase or movement.