Since most of the major altcoins move up or down at the same time as bitcoin, aren't they all controlled? How does it work?
For one, bitcoin drives the market, usually when bitcoin moves so do alts. But another huge factor is a lot of the alts are paired with bitcoin. So as bitcoin goes up in usd so do alts because the unlying paired asset went up. In short alts usually tend to always follow whatever bitcoin is doing. Skip the bull and just buy bitcoin and hodl
