I think, yes of course, all the altcoins prices are dependent on bitcoin. Absolutely all coins immediately react to the change in the rate of BTC. BTC is growing, growing, everything else falls BTC and everyone falls for him.
I will rather suggest you to research about all the suggestion or find coins on your own and then invest. Because people will encourage you to invest on coins in which they have invested no matter how bad or good the coins is. Look for coins that have potential.
It's simple - buy low and sell high or hold for price pump then sell but will need some understanding of the market and some research to make some profit. And first of all, avoid selling due to panic whenever the market is falling.
I spend most of my time on reading about crypto news and crypto related stuff. I know that it is really hard to be a trader you need some big knowledge to it. I take several hours for the the job every day...
I will not sell the coins if the price fall and hold till price recover. When I have spare cash, I will buy in more of the coin to lower the average buying price. Maybe it would be worth it move yourself to other profitable investment or long term investment as it provides low risk and more returns.
I believe in Bitcoin. This is the most important coin and not one altcoin can not overtake it. I think there is no altcoin that can surpass the greatness of bitcoin because it is the undisputed king of all the coins. Bitcoin Cash is an interesting project, But I do not have confidence in it.
I think this is true, all the altcoins prices are dependent on bitcoins. So whenever bitcoin price will go, the other coins will follow. and right now, bitcoin price is down and this makes the other coins are down.
It's simple buy low and sell high or hold for price pump. First of all, avoid selling due to panic whenever the market is falling. Investing during the dips in the market, is a good a idea because the market value of cryptos are becoming low and investors would be able to buy larger amount of it seems simple but it must be careful.
Same here. I I check price of my portfolio every hour even if it stays same for a week. It is really hard to be a trader you need some big knowledge to it.