Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.
Altcoins work according to bitcoin, if the condition of bitcoin is corrected, then altcoi also get an effect, that's why people always say that the development of altcoins is largely determined by bitcoin, no one is even able to analyze altcoins when bitcoin is corrected, and when I learned almost everything was true , but not forever the two coins will move the same, both correction and pumping.
Although it is believed that the movement of altcoins is strongly influenced by the movement of Bitcoin, it still cannot be considered a complete dependence. At different times, some altcoins may move in completely opposite directions. This unpredictability is a feature of young markets, which includes the crypto market. For this reason, here we can get both fantastic profits and huge losses.