Post
Topic
Board Altcoin Discussion
Re: BTC is effecting Market?
by
poodle63
on 14/12/2023, 00:22:45 UTC

The best time for accumulation Bitcoin if you look for altcoins check gaming ones, Avalanche protects and BRC-20 Tokens for example $SATS was listed on Binance and the early adopters of Ordinals (I bought my first Sats and Ordi on Bitget) are getting great returns. The Next year this tokens will make great profits so we should look at them with keen eye
should watch out more on ordi considering the fact that there are rumour the exploit that getting taken advantage for inscription gonna be fixed in the future this could only means that the coin ORDI will have a chance of literally going to zero if suddenly inscription is not functional anymore but certainly I guess it will not hit zero as some people really like to speculate with some coin but definitely might have great impact towards its price.

Bitcoin is not affecting the market directly, rather people involved in alt market are. They are making decisions based on the Bitcoin market movement which is affecting the alt market. That's it.
this might be true but regardless its also indirectly affecting the market and therefore the market right now strongly leaning towards following bitcoin market trends and it happened in unison, whenever the bitcoin getting corrected many of the altcoin also getting corrected. that I guess,still an undeniable fact that bitcoin is leading the market with its humongous market capitalization.