Post
Topic
Board Altcoin Discussion
Re: Looking for a crypto that won't depend on BTC anymore
by
Shasha80
on 04/10/2022, 22:28:36 UTC
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

So far I follow cryptocurrencies so in my opinion there is no altcoin that does not follow the king of all coins, namely bitcoin. except stablecoins. and I'm sure all crypto users and crypto traders have understood this. because the entire crypto market uses Bitcoin as the main pair. and this proves that all altcoins will follow and depend on bitcoin.

Bitcoin was the first cryptocurrency to be created and entered the market, it is not surprising that until now Bitcoin is still dominating the market.
This ultimately makes Bitcoin affect the movement of all altcoins, as you said except stablecoins which are not affected by Bitcoin movement.
It's not wrong if in the end most people predict when the bull market will come, by looking at Bitcoin's performance. Because if the Bitcoin price is
bullish, it will be followed by the majority of altcoins in the market and will be bullish as well.

So it seems that almost all altcoins follow Bitcoin, even if there are altcoins that don't follow Bitcoin, it is clear that there are whales that manipulate
these altcoins. So it's not a good idea to invest in altcoins manipulated by whales, it will only make us lose our money. I don't think it's a problem
investing in altcoins where the movement follows the Bitcoin price. As long as the altcoins have a good track record and include potential altcoins,
we can still generate large profits by investing in these altcoins.