Bitcoin price pump, altcoins dump?

[herurist]

Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?

Dump and pump, no one can understand about that. Investor or trader only can give you the usual reason, those coins always connected even sometimes their price moving to the same direction. Basically, only that reason we have and until now, become our consideration to make decision about our trading/ investment. Keep trying to understand market will always we can do but manage our money and control mindset is important. When dump just buy it and when pump let's sell it. When and how much we can trade/ invest only your experience will answer that question. Have a nice day.
   

[olushakes]

Anyone who has stayed long enough in the crypto trading atmospshere will understand that this is not a new thing and the altcoin dump is not something common to all alt as there are some that will still break the odds and still increase. However, even the dumps also comes with its own window for one to buy in and invest because the downward trends is not something that will last forever.

[lupinvn]

I think we are in a good time for the altcoins now. Bitcoin is going to accumulate and the other coins a going to take profit from it

but i think that still we have good time to continue investing money in bitcoin.

It should be still nice to invest more in bitcoin instead of investing it into altcoin bitcoin are still in strong stage where there are many new comers and newbie come that i think more new comers will invest in bitcoin and the price can be increase more as i can seen the trends still stable and it can be increase more because of the more impressions in google and other search engine and social medias..
So the price can be possible to increase more and if you sell you will regret not buying bitcoins..

Agree, investing in bitcoin is a good idea for you if you're considering between BTC and order kind of investments (selling stuff, houses,...) because I think the increasing trend of bitcoin was very incredible, I mean more and more people know about bitcoin, the price is bumping day by day and many things could be paid by bitcoin nowadays. But I'm still keep my thought that if you invest in cryptocurrency, you should choose altcoins rather than bitcoin, because the speed of them are faster than bitcoin.

[Hamphser]

I think we are in a good time for the altcoins now. Bitcoin is going to accumulate and the other coins a going to take profit from it

but i think that still we have good time to continue investing money in bitcoin.

It should be still nice to invest more in bitcoin instead of investing it into altcoin bitcoin are still in strong stage where there are many new comers and newbie come that i think more new comers will invest in bitcoin and the price can be increase more as i can seen the trends still stable and it can be increase more because of the more impressions in google and other search engine and social medias..
So the price can be possible to increase more and if you sell you will regret not buying bitcoins..

Agree, investing in bitcoin is a good idea for you if you're considering between BTC and order kind of investments (selling stuff, houses,...) because I think the increasing trend of bitcoin was very incredible, I mean more and more people know about bitcoin, the price is bumping day by day and many things could be paid by bitcoin nowadays. But I'm still keep my thought that if you invest in cryptocurrency, you should choose altcoins rather than bitcoin, because the speed of them are faster than bitcoin.

Comparing the movement or volatility of bitcoin and altcoin they do really differ but its not really wise to say that we should choose alts instead of bitcoin since we do usually exchange those altcoin to bitcoin later on because this is the only way we can convert it for sure. Price pumps do really matter on adoption and dumps is when there is profit taking happening on the field.

[willdono]

People just switch to BTC because the profit levels are higher. Once BTC stablises in price, the alts will pump hard. This pattern has occurred over and over countless times in the past few years.

[BitcoinGirl.Club]

Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?

Its not always pumps and dumps that affects the relationship between bitcoins and alts and this phenomeon is not proven yet because if this were true we would have had a situation where every pump of bitcoin would reflect a dip for altcoins and to be honest this isn't a mathematical equation either because some alts have a strong community which makes them resistant to such..

[filharvey]

Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?

When bitcoin starts pumping,then altcoin holders immediately start selling their altcoins to buy bitcoins the price of which is rapidly increasing.They don't want to miss the train and so as a result of this,altcoins price start falling.
But in the same way,when bitcoin price falls down,many bitcoin holders start selling their bitcoins to buy altcoins so that they could increase their bitcoin value as altcoin price increases.Since altcoin is valued based on bitcoin,they do this as a result,altcoins price start increasing.

[rizkyhiw]

Anyone who has stayed long enough in the crypto trading atmospshere will understand that this is not a new thing and the altcoin dump is not something common to all alt as there are some that will still break the odds and still increase. However, even the dumps also comes with its own window for one to buy in and invest because the downward trends is not something that will last forever.

Yeah sometimes it feels cryptocurrency market is a game of big whales ,
The number of coins traded sometimes could still easily pumped and dumped by a single trader ,
Speaking about when bitcoin get pumped and altcoin get dumped everytime ,
It's just an adjusment to the global price of cryptocurrency i think.

[jovs]

Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?

This type of situation happen when the investors are limited and they want to shift their money from one asset to another like nowadays the investors and withdrawing their money from altcoins and they are investing them in bitcoin as they know the price of bitcoin will now increase without any problem to them.

There is no explanation when there is a changes in bitcoin price and altcoin price in a inversely proportional scenario. It maybe a chance for it to happen because there is a differences between the stock of Bitcoin compare to other crypto-currency which is not related to the pumping and dumping price of each other. But one thing is for sure when Bitcoin price pump altcoin will have the chance to increased it price because most of altcoin depends on Bitcoin value.

[Kocret02]

Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?

This type of situation happen when the investors are limited and they want to shift their money from one asset to another like nowadays the investors and withdrawing their money from altcoins and they are investing them in bitcoin as they know the price of bitcoin will now increase without any problem to them.

There is no explanation when there is a changes in bitcoin price and altcoin price in a inversely proportional scenario. It maybe a chance for it to happen because there is a differences between the stock of Bitcoin compare to other crypto-currency which is not related to the pumping and dumping price of each other. But one thing is for sure when Bitcoin price pump altcoin will have the chance to increased it price because most of altcoin depends on Bitcoin value.

It does happen, if altcoin prices depend on bitcoin prices because the volume of coins also has an effect. But indeed the rising bitcoin price causes the altcoin price reduction to be very reasonable.

[d1ceplayer]

Anyone who has stayed long enough in the crypto trading atmospshere will understand that this is not a new thing and the altcoin dump is not something common to all alt as there are some that will still break the odds and still increase. However, even the dumps also comes with its own window for one to buy in and invest because the downward trends is not something that will last forever.

Yeah sometimes it feels cryptocurrency market is a game of big whales ,
The number of coins traded sometimes could still easily pumped and dumped by a single trader ,
Speaking about when bitcoin get pumped and altcoin get dumped everytime ,
It's just an adjusment to the global price of cryptocurrency i think.

Indeed! It can’t happen by chance every time that altcoins follow the bitcoins. Bitcoins lead altcoins with proper planning and market support. Besides it is true that one big trader can easily affect the prices of coins and that is dangerous for small traders. These whales are somehow controlling the market.

[Moddak2]

As I see bitcoin slowly growing to 5k$.Altcoins go higher with price of btc.