Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: VenusianLion on September 01, 2017, 03:02:51 PM



Title: Alt Coin Prices Decoupled from Bitcoin
Post by: VenusianLion on September 01, 2017, 03:02:51 PM
Since this is my first post, let me make it productive and try to give back to others.
Having decades of experience in trading and investing I can tell you (I'm sure you can see it also) there is a major shift going on in crypto currencies.

As of right now, most coins have decoupled from Bitcoin.  Bitcoin is under performing and alt currencies are over performing.  Either Bitcoin will have to catch up, or Alt Coins have to come down.  The big price on Bitcoin is a psychological barrier.  It filtered out the speculators and everyone went for the coins priced in the .0001 level.

Interesting what is going to happen forward.  If I had to buy more .0001 Alt Coins I would hold on to some BTC in order to get my target coins when the rations flip to the opposite.  Not all my money would trade like that, but some of it, just in case Alt Coins pull back.