Bitcoin Forum

Hey guys,
One thing is annoying me the most:
BTC drop af - altcoins are dropping
BTC is raising - altcoins are dropping

My thing is simple: if btc crash, all altcoins will crash (obviously). if btc will moon, the whole crypto market will moon too.
I believe BTC will hit +$30k, I have 4 btc right now and I bought ADA for all.
My "problem" is: when BTC is raising, ADA (like most of the coins) is dropping. So if BTC will hit $30k, how much my ADA will worth? BTC paired. Should I keep my money on BTC or ADA? I believe both will raise.

PS: I'm not a guru, it is just my investition.

It is better to look for diversification. Don't keep only one asset (token). Look for more good projects to invest in.

But what will happen with the altcoins if will will hit $30k in a week? Just talking, not saying will happen.
I see for a few days that every +5% on btc is a -5% on altcoins (Btc paired). It is not a rule, but 90% of the coins are following this.

Everything will be fine, do not worry about the altcoins will be restored and will only grow. The question is why you just invested in one coin, this may not give you the desired result and you thus increase the risk of loss.

This statement works well but only for strong projects with very big potential still. In coming month bitcoin will be rising again and you can check tokens like ZIL, ELA or AION from time to time - they will be going to the moon, while weak coins will be dumping.

Are you all in on ADA ?

I am a ADA holder to but never put all your $ in one coin. And i do believe ADA is a slow grower. Not expect something drastic to happen.

You will likely be on a lose side if you stay in ADA because it has a huge supply and many competitors. If Bitcoin rise, ADA will hit a big dump because they only maintain the dollar value and not the bitcoin value. Just stay on Bitcoin or explore other altcoin for other diversification.

I won’t put all my eggs in to single basket. Its better to spared out the investment if you lose in one you may gain in the other. I have few coins which is gone up 15x and some of the  I lose 80% of my investment.

There is a correlation between coins when the price movements is a reaction to news that affects all cryptocurrencies like regulation. But all coins will also act on their own when the news only affects specific coins like the recent rise in Litecoin.

It's simple because all coins have paired with BTC. So, if BTC price went down, then coins price also drop.
Investor starts to do stop loss and start to sell their assets. That also make coins price drop.

Its good to have BTC but for me I think 4 BTC is huge. My advise is that you should lookout for other promising altcoins and invest at least 1.5 BTC on them. By investing 1.5BTC on Altcoins am sure you will also get huge returns from it.

That is the nature of altcoins relatively to bitcoin,the only time altcoins will grow is when bitcoin goes sideways it means it is stabilized.The best thing to do when bitcoin is moving up or downward is to get out from the altcoins to prevent any further loss of your portfolio,i usually buyback at the dips when the market has crashed.

Investing is good for a great profit. But investing all your $ for a single asset is surely a bad idea for me. ADA for me is for long term investments and if I were you, I could have invested on some other tokens for more chances of winning.

Woah! 4 btc is such a huge amount of money to place in one basket, you could've bought at least 5 other coins so you can divide the money you invest in. That's what I learned from trading, to diversify the coins and invest at least 5 alternate coins.

I would buy some ETH in case I were you. I don't see flippening occuring anytime soon but better be forewarned.

It will advice you to invest your money in other cryptocurrencies other than Bitcoin because diversification is the best principle of investment. Do not put all your eggs in one basket. Most of the coins are rising with bitcoin, so investing in them is not a wrong idea. Just spread your investment in different sectors of the crypto economy. Thanks

If you hold your coins usually instead of trading them, you should not worry about this effect because both your coins will rise ultimately if they are good coins  :)

That's not really true, at least what the previous markets trends showed, when Bitcoin dropped any other other coin/token did too. So it's not really worth it to do diversification in the crypto-sphere, instead diversify your investments over multiple categories, for example minerals, assets and also crypto projects.

It is impossible to keep all their money in btc or any other coin. You need to diversify your portfolio therefore you have to buy altcoins. You want to buy ADA. This is a good coin, but I would also advise you to look closely at the XEM and ARDR.

ADA has too big a supply for me. It's like ripple, such a huge supply it can never be worth much. Get yourself some DRGN and be happy.

I think diversification is good. If some project fails, only part of the profit will be lost. Even in cryptocurrencies, it is worth having several different coins. Because some coins gain or lose more than others.

That is the nature of altcoins,they are just reacting to what bitcoin movements,probably because they are paired with bitcoin and they are measured using satoshi,that is why when bitcoin goes up or down altcoins are bleeding and when bitcoin goes sideways the altcoins are growing.
Best thing to do is to stick with bitcoin if it is starting to move.

Your right that everytime bitcoin is crashing altcoins are affected and vise versa. But not all altcoins can go together with the chain. Meaning if your Ada can't mingle with other altcoins everytime bitcoin is raising I think there is a problem with your token.  So better to look for another not just for one.

There is actually no hard and fast rule. Earlier bitcoin and alts used to be inversely proportional to each other. However the things have changed now, when btc drops everything usually drops with it. Best is to invest in only coins that you are confident with.

Few months ago when I am so active in trading, I'm facing the same priblem with yours.  I am so upset that all my alts positions are 50% down.  So I created a self rule not to trade while Bitcoin is in decision phase.

Use an indicator like RSI it can predict if the alt you are in is oversold or overbought.

It is true, but if they have a good project, I think it will still be a good investment

The best thing to do is to get out from these altcoins whenever bitcoin is going to bull or bearish trend,because either of these two will give these altcoins red days even if there is a strong fundamentals coming,bitcoin will dictate how will the market goes that is why bitcoin is the king of cryptocurrencies.

you can do just be patient and do not panic selling and do not you sell loss bitcoin you have because if you sell it at cheap price will surely will get very big loss. patience is the key to success.

Altcoins’ prices will fall when BTC price rise initially but after awhile altcoin price will rise when BTC price become stable. On a side note, diversify your investment and don’t invest in one coin only.

I think that in your question only a very serious analyst can help, who will be able to separately analyze the ADA project for you at some particular situation. Personally, my opinion here is clearly not a priority

Don't put all your money on one asset like ada, diversification is a good thing to start if you want to survive in crypto. Also if you bought your ada with btc then you should monitor the ada btc pair as your profit or loss will be based on that, not ada usd pair. Always set a stop loss and try to sell a bit then bought at correction whenever you can.

What i am doing is im getting out of these altcoins whenever bitcoin's are getting ready for a bullish and bearish trend,so icant prevent losses when the altcoin market bleeds,becaus usually altcoins bleeds when bitcoin has gone bull or bear run,so sticking with bitcoin would be the best when it will go bull run,and sticking with usd when it is going to bear trend.

The best thing to do when bitcoin is showing either bullish or bearish pattern is to stick with bitcoin,and get out fast while bitcoin hasnt yet moving because either of the two,bearish or bullish movements im sure all of the atlcoins in the market will bleed because bitcoin dictates whatever will happen to the market if its going to grow or fails,sticking with bitcoin would be the best thing to do if it is going to go bull run,and sticking with USD if it is going to go bear and then you can buyback these altcoins from the dips surely you will make a lot of money after the market has recovered.

dont just invest in a single coin becoz every coin has its increase and decrease percentage...but we want to invest in a coin according to the ratings,projects and the investers and the expectation of that ico etc....

When bitcoin is showing bearish trend and it is starting to fail,the best thing to do is to get out with these altcoins fast and stick with USD and then buyback your bitcoin at the dip then buy cheap altcoins from the bloodbaths,when bitcoin is showing bullish patterns the best thing to do is to stick with your bitcoin so wont be trapped with these altcoins.

How can you invest all your money in only one altcoin and just in ADA.
Split your money and hold at least 20-25% BTC.

Best thing to do is to get out from the atlcoins when you know that bitcoin is going to be bullish or bearish then buyback when it dips,but if bitcoin is going to be bullish sticking with bitcoin would be the best thing to do because either of the two the altcoins will surely bleed regardless of bearish or bullish movements.I have been doing this strategy for about a year and i can say it is very effective.

You need to know the nature of atlcoins when bitcoin has started to show bull and bearish trend,because bitcoin will dictate what will happen to these altcoins,normally if bitcoins move either bull or bearish movements most of these altcoins will bleed because they are reacting to bitcoin's price which is why they are relatively has connection to bitcoin's price most of these atlcoins are parallel to bitcoin's price movements,and they are measured in satoshis too so thats is the main reason why most of the altcoins bleed,and the only time that altcoins could grow would be if bitcoin's price has stabilized.

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Do not go with only one coin, rather you could diversified your portfolio with other good coins. I think if you are already invested in ADA then hold them if you are in loosing position. But my friend, if you are in profit then sell ADA right now of around 3 BTC out of 4 BTC. And from these 3 BTC, you should buy many other good coins like Ripple, Waves, XVG etc.

If you are not going to get hard cap of your own))) or instead of that in other case lose everything ( 4 BTC in my opinion it's not a cup of coffee in a restaurant) so you must choose more projects to invest, at least 10
Diversification will reduce your risks to minimum.

In my opinion, it is necessary to slightly expand the Swe portrait and to buy another coin, so that there is not everything in one, as one coin can fall and no longer grow, and if there will be a lot of them there will be growth

with 4 BTC you have of course it is a very high value. but why you only invest in one type of coin, and if I can tell you why you do not share a few percent to invest in another coin, or a few percent for trading activities. I think with the value of the assets you have of course you will be able to perform any activity. But still you have to be careful in terms of investment, do a detailed research before investing.