It's seen that Bitcoin decide the fate of altcoins.

[TheUltraElite]

The trading ecosystem is such that it needs your patience. There will be times when bitcoin is going down and you have to buy and times when you wait it out. This needs a goos amount of patience to get through.

Altcoins are going to be more volatile and more risky. Most people end up getting washed away by them. The rare few who make money but I still doubt how much they actually made.

Better to stick with bitcoi and wait for altcoin season to come.

[Gost ms]

You have made a beautiful point between Bitcoin and Altcoins. Many newbies do not understand that Bitcoin investment is the best for them. Bitcoin is the king of all cryptocurrencies. It is never right to compare anyone's Bitcoin with any other coin. When there is a fall in the market, if the price of Bitcoin decreases by 1%, then the price of all other cryptocurrencies decreases by more than 10% and some coins decrease by 50%. Bitcoin is better than all coins in terms of security. When you look at all aspects, Bitcoin is the best of all. Many people first step towards Altcoins due to which they lose all their money. Never think of investing in all these Altcoins. Always invest in Bitcoin and have a long term

Invest in Bitcoin for a long term like keep the investment time frame of 8 to 10 years. You don't need much to invest, just basic knowledge about Bitcoin and a discretionary income to start investing. If you don't have a discretionary income, first find a source of income so that you can consistently maintain your investment. So far, Bitcoin is the only coin that has been the most profitable for long-term investment since its inception.

[Dr.Bitcoin_Strange]

You wouldn't know because you are just new to the space, if you were an old experienced Bitcoiner, you would understand by now that Bitcoin is often referred as the father of all crypto because during bull season for Bitcoin, as the price surges, some other projects uses that avenue to pump and dump their tokens.

Yes, he need to research for more to find the answer. Bitcoin is the leader of cryptocurrency so altcoin will follow behind Bitcoin. When Bitcoin increase, altcoin follow increases but when Bitcoin is down, altcoin following to go down.

But when Bitcoin is down, many altcoin can not resist their price to go down a lot and not easy for them to increase back. Maybe only some small altcoin list that can increase but that will need time before that is happen.

I have also been like OP before when I usually wonder about the reason why altcoins normally fall when Bitcoin price dip too but know I know better, for a coin that stands out like Bitcoin which have the largest market cap among other coins, what else do we expect? Most investors have that panic sell to start selling their coins when they see Bitcoin falling because they know that it will also affect the price of those altcoins.

[purple_sparkles]

You wouldn't know because you are just new to the space, if you were an old experienced Bitcoiner, you would understand by now that Bitcoin is often referred as the father of all crypto because during bull season for Bitcoin, as the price surges, some other projects uses that avenue to pump and dump their tokens.

Yes, he need to research for more to find the answer. Bitcoin is the leader of cryptocurrency so altcoin will follow behind Bitcoin. When Bitcoin increase, altcoin follow increases but when Bitcoin is down, altcoin following to go down.

But when Bitcoin is down, many altcoin can not resist their price to go down a lot and not easy for them to increase back. Maybe only some small altcoin list that can increase but that will need time before that is happen.

I have also been like OP before when I usually wonder about the reason why altcoins normally fall when Bitcoin price dip too but know I know better, for a coin that stands out like Bitcoin which have the largest market cap among other coins, what else do we expect? Most investors have that panic sell to start selling their coins when they see Bitcoin falling because they know that it will also affect the price of those altcoins.

The situation with altcoins is still very unclear to me. Personally, I haven’t been able to identify any coins I truly believe in. I’ve never had that experience where I invested in a coin and it exploded by x100 or even x10, even though I constantly follow the news, and try to buy or earn coins that seem promising to me. But I really hope I’ll manage to "hack" the system and eventually find my own super coin. As for Bitcoin, now is probably not the best time to accumulate it. It’s better to wait, since the price is currently high.