Post
Topic
Board Altcoin Discussion
Re: Why Alts Follows Bitcoin's Fall?
by
Violetta87
on 15/03/2022, 16:14:10 UTC

The price of altcoins depends to much on the price of Bitcoin. When bitcoin falls all altcoins falls too.
But a lot of depends how useful is the coin and about it demand in future.
Thanks blockchain it is possible to invest money in nature protection like this https://twitter.com/ClimeToken/status/1498942071658405888

Now the situation in the world is very unstable. That is why cryptocurrency market is very volatile.
But financial market is very unstable too. In many countries there is a big inflation and people lose their savings.
Stock market also falls.

Even in the most unstable situation in the world the demand in nature protection will increase, because people with every year pollute nature more and more.
So it is very impotant to evaluate how useful will be coin in the future to evaluate its potential and earn money on investments.