Quote from: freedomgo on September 25, 2022, 09:34:56 PM

Quote from: Digital_Lord on August 04, 2022, 01:17:28 PM

The price of all the coins are highly related to the price of bitcoin and whenever the worth of bitcoin become low so directly the other coins also become in dip. If bitcoin price goes up so all the other coins also enhance and elevated in its worth. So whenever the price become low select any coin wisely for investment and do not make trading or investment if the cost is highest on its peak.

The whole crypto coins in the market are said to be much dependent on the movement of bitcoin. Whatever the price condition of bitcoin, altcoins also follow. It is because bitcoin is the only crypto that drives the whole crypto market system, if it’s bullish then altcoins will also follow a bullish price, and if bitcoin experience it’s dip and drops it’s price suddenly, altcoins will also struggle and stay in a low value.

In fact, many trading analysts always make buy or sell decisions for the altcoins they hold by analyzing the movement of BTC first. because it is the movement of BTC that always determines which direction the movement of all coins will move. except for coins that do have a big event that will take place usually the price movement will not be affected much by bitcoin.