Post
Topic
Board Bitcoin Discussion
Re: Will The Sorrow of BTC Be The Pleasure of Altcoins?
by
yazher
on 14/06/2021, 04:58:57 UTC
Bitcoin is the undisputed King & always will be. Most alts don’t even have an independent price path, they go up when bitcoin goes up & they follow bitcoin down when the King goes down. In my opinion no alt will ever flip bitcoin.

Most of the altcoins price will fall whenever the price of bitcoins falls. because most of the time those altcoins have no direct conversion to fiat instead, you need to convert it first to bitcoin then to fiat. so whenever the price of bitcoins has decreased in the market, you can see their price followed the crashed with different negative percentage. So you need to understand the risk whenever the price has dropped and most of the time you see will see it whenever the market is not doing good.