Post halving, why are altcoins the most affected

[rodskee]

Because most people convert their altcoins to Bitcoin and whenever Bitcoin price drop, altcoins goes lower than Bitcoin.

I don't know where did you get that most affected when if you check the market Bitcoin is also
affected big , or you are asking about Shitcoins ? of course what can you expect support from them
when the truth is they will have an increase when there is manipulation happen , when the scammers
or the manipulator are ready to bag your money.

It's no doubt he invest in shitcoins that ranks below top 100, so the price is more unstable and didn't move like what he expect. But, that's the risk of invest in shitcoins, @OP must know about the risk. If he think he will easily flip his money during Bitcoin halving, it's really wrong.

ohhh , then that is the problem now because he seems to be expecting much from
 those altcoins but the problem is that shitcoins isn't the priority now instead we are waiting
for ranking currency first after bitcoin.
and this is the problem if you are supporting shitcoins instead of safe currency in rank 1-10

[strunberg]

This is why Bitcoin is called the "mother of cryptocurrencies". Bitcoin reflects how investors behave in managing their money in crypto. And Bitcoin also affects the psychology of crypto investors which will affect everyone including those who invest in altcoins. Simply put, when the price of Bitcoin goes down, people will get scared and they will sell their assets. Of course there is a scientific explanation for this but psychologically it is a reaction of the altcoin market which depends on the value of Bitcoin.

[rodskee]

Because most people convert their altcoins to Bitcoin and whenever Bitcoin price drop, altcoins goes lower than Bitcoin.

I don't know where did you get that most affected when if you check the market Bitcoin is also
affected big , or you are asking about Shitcoins ? of course what can you expect support from them
when the truth is they will have an increase when there is manipulation happen , when the scammers
or the manipulator are ready to bag your money.

It's no doubt he invest in shitcoins that ranks below top 100, so the price is more unstable and didn't move like what he expect. But, that's the risk of invest in shitcoins, @OP must know about the risk. If he think he will easily flip his money during Bitcoin halving, it's really wrong.

yeah I think that he did invest in shitcoins because this is not what a bitcoin investors do
and for me? i hardly find myself investing in below rank 50 so what more in top 100 and lower as
i see no good future on them , yeah there are some that can reach to top but that is very few
from what is really having great potential.

[Tmoonz]

Bitcoin halving might have come and gone, but we won't forget the immediate impact it had on the crypto market especially altcoins, The immediate impact of the halving this year is not like business as usual when we always have a bull run after the halving event, we are experiencing a decline in price in Bitcoin and the crypto market in general with altcoins the most affected, some altcoins witnessed a 50% decline in price, while most experienced a slight decline in price,  Analytically some investors have predicted a bull run by next year which will also in turn affect the rise in price of some altcoins too, so putting this into consideration there are few altcoins to put our eyes on so we can Hodl which is the ETH and DOGE as they might experience a significant bull run in less than no time,

Yeah it has been said that historical events is not a guarantee of the future events and this what every investor should have in mind by focusing on seeing historical events as only a guide for the future events, altcoins coins was not just affected but is as a result of the fact that there performance solely depends on Bitcoin, while Bitcoin went down after the halving it was also expected that other coins will go down too.

[Ndabagi01]

Actions are most affected because they’ve to one trend of the market. If bitcoin will be affected by the halving and come down in price, so will altcoins. The percentage at which altcoins will reduce can’t be compared to that of bitcoin. The stance of bitcoin is not something that any alt coin can also withstand, so their drastic fall which has affected a lot of them. Altcoin season are also coming and it happens during the bull run time, if they can survive the market pressure and be able to reach the time of the bull run, most of them will do well and I’m not talking about the pump and hype coins in this case.

[Alone055]

This is why Bitcoin is called the "mother of cryptocurrencies". Bitcoin reflects how investors behave in managing their money in crypto. And Bitcoin also affects the psychology of crypto investors which will affect everyone including those who invest in altcoins. Simply put, when the price of Bitcoin goes down, people will get scared and they will sell their assets. Of course there is a scientific explanation for this but psychologically it is a reaction of the altcoin market which depends on the value of Bitcoin.

True.
Some people often say that altcoins follow the movements of Bitcoin whether it goes up or down, but they don't know how it actually works and why it happens. The reason behind altcoins following the movements of Bitcoin is that altcoin investors consider Bitcoin to be the leader of the market which is true, so when they see that there is either a correction, or some bad news circulating in the market which might affect the price of Bitcoin, they start dumping their altcoins in the fear that they might lose money if the market crashes, and when they do so, the prices of altcoins start moving along with Bitcoin.

Altcoins and their prices aren't directly connected with the price of Bitcoin, and sometimes we can see some altcoins moving independently when Bitcoin is either stagnant or moving to another direction, the reason is that people are investing in those altcoins and the demand is high, because not only Bitcoin but all cryptocurrencies go up or down based on their demand increasing or decreasing.

[Silberman]

yeah I think that he did invest in shitcoins because this is not what a bitcoin investors do
and for me? i hardly find myself investing in below rank 50 so what more in top 100 and lower as
i see no good future on them , yeah there are some that can reach to top but that is very few
from what is really having great potential.

This is the most likely explanation, since someone that invested in bitcoin would not care too much about the small setback that we are going through, and if anything they may think the current price is a great thing as it will allow them to get some more bitcoin for their fiat during the next months, only those that were expecting a sudden and abrupt bull market and that invested in shitcoins will be disappointed by what we are seeing, as they are desperate to get some short term profits.

[terrific]

This is the most likely explanation, since someone that invested in bitcoin would not care too much about the small setback that we are going through, and if anything they may think the current price is a great thing as it will allow them to get some more bitcoin for their fiat during the next months, only those that were expecting a sudden and abrupt bull market and that invested in shitcoins will be disappointed by what we are seeing, as they are desperate to get some short term profits.

Many don't realize that. When the market goes on a pull down, they are scared and worried but don't think outside the box.
And what's outside the box is what you've said that they can get more Bitcoin or any altcoins that they're interested to invest with their fiat.
That should be taken as a moment for advantaging the situation rather than to complain, panic and cry out.

[strunberg]

Altcoins and their prices aren't directly connected with the price of Bitcoin, and sometimes we can see some altcoins moving independently when Bitcoin is either stagnant or moving to another direction, the reason is that people are investing in those altcoins and the demand is high, because not only Bitcoin but all cryptocurrencies go up or down based on their demand increasing or decreasing.

But most projects move with the price of Bitcoin. This is the market reaction I have mentioned before. People tend to use bitcoin as a reference for speculating. I'm not talking about 1 or 2 percent increases but 20 to 50 percent increases for altcoins. There have been cases where altcoins rose tens of percent but bitcoin was stable. This can happen because of hype or trends. My conclusion is that if Bitcoin is stable or rises, altcoin prices will tend to rise. If Bitcoin falls then actcoin prices will tend to decline.

[Zanab247]

This is why Bitcoin is called the "mother of cryptocurrencies". Bitcoin reflects how investors behave in managing their money in crypto. And Bitcoin also affects the psychology of crypto investors which will affect everyone including those who invest in altcoins. Simply put, when the price of Bitcoin goes down, people will get scared and they will sell their assets. Of course there is a scientific explanation for this but psychologically it is a reaction of the altcoin market which depends on the value of Bitcoin.

Many hodlers have learned how to use BTC price to determine, what will happen to altcoins price because once the price of BTC is pumping in a particular season, it will be giving some altcoins the opportunity to start pumping to allow their hodlers to earn like BTC hodlers too.

The psychology have made many investors not to put all their money in altcoins only, which is the reason they use to divide the money and let half go to BTC and the remaining half will go to the altcoins, so that their profit will be big when bull run occur.

Anytime, you want to buy BTC and altcoin from the market, let the bear run occur before you can buy because that is the best season you can achieve your plan in the future.

[Sophokles]

This is why Bitcoin is called the "mother of cryptocurrencies". Bitcoin reflects how investors behave in managing their money in crypto. And Bitcoin also affects the psychology of crypto investors which will affect everyone including those who invest in altcoins. Simply put, when the price of Bitcoin goes down, people will get scared and they will sell their assets. Of course there is a scientific explanation for this but psychologically it is a reaction of the altcoin market which depends on the value of Bitcoin.

Many hodlers have learned how to use BTC price to determine, what will happen to altcoins price because once the price of BTC is pumping in a particular season, it will be giving some altcoins the opportunity to start pumping to allow their hodlers to earn like BTC hodlers too.

The psychology have made many investors not to put all their money in altcoins only, which is the reason they use to divide the money and let half go to BTC and the remaining half will go to the altcoins, so that their profit will be big when bull run occur.

Anytime, you want to buy BTC and altcoin from the market, let the bear run occur before you can buy because that is the best season you can achieve your plan in the future.

Usually, when BTC starts pumping and BTC dominance is also increasing, that means money flows from altcoin to bitcoin. At this time, altcoins bleed on the other hand bitcoins rally upward. Bitcoin dominance has a major impact on the altcoin market and if you can read bitcoin dominance chart you will be able to identify all-season easily. Waiting for the bear to fade away and bull to appear can be costly as there isn't any exact way to predict the change correctly.

[Bulltard]

Bitcoin halving might have come and gone, but we won't forget the immediate impact it had on the crypto market especially altcoins, The immediate impact of the halving this year is not like business as usual when we always have a bull run after the halving event, we are experiencing a decline in price in Bitcoin and the crypto market in general with altcoins the most affected, some altcoins witnessed a 50% decline in price, while most experienced a slight decline in price,  Analytically some investors have predicted a bull run by next year which will also in turn affect the rise in price of some altcoins too, so putting this into consideration there are few altcoins to put our eyes on so we can Hodl which is the ETH and DOGE as they might experience a significant bull run in less than no time,

again...wut? your post has so many mistakes.
anyway, to answer your question: maybe because you'll get more xxx from a low mc coin? you can get a x100 from a $1m mc coin but good luck getting a x100 from bitcoin.

[tengui]

Both (ETH and DOGE) are big altcoins, it is very possible that the price of both will increase drastically due to the impact of the Bitcoin halving. However, for now, most investors are still focused on Bitcoin and it is very likely that after the halving ends, both will attract investors' attention. both are altcoins with great community because ETH is the king of altcoins and DOGE is the king of meme coins. investing in both becomes a good choice when altcoin season comes.

[Bulltard]

Both (ETH and DOGE) are big altcoins, it is very possible that the price of both will increase drastically due to the impact of the Bitcoin halving. However, for now, most investors are still focused on Bitcoin and it is very likely that after the halving ends, both will attract investors' attention. both are altcoins with great community because ETH is the king of altcoins and DOGE is the king of meme coins. investing in both becomes a good choice when altcoin season comes.

do you have an eta on when the halving ends please?