Strange - BTC Bull run but Alt portfolio not in deep RED

[cau]

I noticed a strange stuff in my altcoin portfolio, though BTC jumped from 7K to 11K very quickly my alt coin portfolio has not taken much beating with this rise. Few % loses in sats and big increase in USD.

This was not the case with other BTC bull runs, usually money spins between BTC and Altcoin.

My inferences wiht this situation -

1) Volume should be too low, so there was no big impact to many altcoins.
2) I chose very strong coins 
3) Huge new money got pumped into market in last 10 days

[Lontonbit]

It means that this is new money ehtering the market. Before bitcoin was rising because ppl were selling Alts in to bitcoin to get forks. Now the entire crypto market is just exploding. It's likely we are seeing large institutions entering the space now.

[hubballi]

I noticed a strange stuff in my altcoin portfolio, though BTC jumped from 7K to 11K very quickly my alt coin portfolio has not taken much beating with this rise. Few % loses in sats and big increase in USD.

This was not the case with other BTC bull runs, usually money spins between BTC and Altcoin.

My inferences wiht this situation -

1) Volume should be too low, so there was no big impact to many altcoins.
2) I chose very strong coins 
3) Huge new money got pumped into market in last 10 days

What you were telling was been happening before but this time their is a fiat currency input in the exchanges if you can see that altcoin paired with btc PRICE is down but altcoin paired with fiat currency (USD) is moving high so their is a heavy input of fiat currency in altcoin.

[nsasuiteb]

Because people buy bitcoin with usd, not by selling altcoins. But soon people start to sell bitcoin for ''usd'' and also other ones will sell altcoins which cause altcoins to crash. I hope it will not like be so

[arjuna BTC]

this is a great sign because a lot of new money come to bitcoin, so alts still in their positions
just few altcoin become red,,

[bandar]

Here's my view: What we see now is the same thing as we saw in early 2014.  Bitcoin all over the news (because of 10k), then because of 1k.  People want to invest but don't dare because it's on a peak.  So they reason: I'll invest in the next best thing which are altcoins.  New influx of money both in bitcoin and in altcoins.  Once the correction begins, they all go in red.  The more experienced traders quickly transfer alts in BTC to sell them for fiat.  The less experienced weak hand will sell because 'that shit didn't work out'.

The most experienced traders know that IOTA will be next and are sitting on a bag of IOTA enjoying the show.  

[Willitivity]

It's been a great ride from Bitcoin, but the reason most alts are not in red is because this growth is not coming from those wanting to get free coins from any Bitcoin fork, just as seen earlier this month.

[poodle63]

this is a great sign because a lot of new money come to bitcoin, so alts still in their positions
just few altcoin become red,,

No, you are very wrong mate. Altcoin just lost in the bitcoin value and not dollar value. The people in the exchange site try to correcting the price of altcoin into the bitcoin pairs. If you are seeing the coinmarketcap and that seems not give any impact but you must try to see the more detail about that,

[xenomorphe1]

Altcoins are losing compare to BTC. Look at Ripple, ETH, ETC, NEO. They are all in red compare to BTC.

[neinnein125]

Cause we are seeing new hot money entering markets. This is actually good but this can easily turn out to be bull trap. I have deep concerns about new pumped markets even if I know its new money.

[cau]

Yeah, lot of new money is getting pumped in.... my other concerns are like, will Institutional Investors try to manipulate and create a crash to have a safe and comfortable entry price? I really don't know how practical it is to bring crash, but wiht the speed it has gone up, correction is pretty much a due.

Since last 2 days, Blockfolio and this forum both response time are way low (probably heavy traffic)

[Agozyen]

Because people buy bitcoin with usd, not by selling altcoins. But soon people start to sell bitcoin for ''usd'' and also other ones will sell altcoins which cause altcoins to crash. I hope it will not like be so

Once all these new people get a taste of Crypto they will start to look at alts.  If alts do go down they will come back up when bitcoin stabilizes.  I'm mostly in alts at the moment.

[bananadines]

I noticed a strange stuff in my altcoin portfolio, though BTC jumped from 7K to 11K very quickly my alt coin portfolio has not taken much beating with this rise. Few % loses in sats and big increase in USD.

This was not the case with other BTC bull runs, usually money spins between BTC and Altcoin.

My inferences wiht this situation -

1) Volume should be too low, so there was no big impact to many altcoins.
2) I chose very strong coins 
3) Huge new money got pumped into market in last 10 days

You guys should stop looking at the fiat value. The most BTCs pairs are still down, because there is no room to breath with that huge BTC pumps for the alts.

[topesis]

I think those dumping their tokens for Bitcoin are out of the market, only those holding long term remains, the price of BTC is up because institutional money is entering the space in anticipation for the coming Bitcoin futures in December

[grimesrhymes]

I noticed a strange stuff in my altcoin portfolio, though BTC jumped from 7K to 11K very quickly my alt coin portfolio has not taken much beating with this rise. Few % loses in sats and big increase in USD.

This was not the case with other BTC bull runs, usually money spins between BTC and Altcoin.

My inferences wiht this situation -

1) Volume should be too low, so there was no big impact to many altcoins.
2) I chose very strong coins 
3) Huge new money got pumped into market in last 10 days

The whole market is so bullish right now that actually it's quite worrying, because surely a bear run will come eventually. It's great because many of us have profited nicely. I think there's certainly been some new investment and some people taking things seriously has helped pump the whole market instead of just bitcoin.

[bandar]

will Institutional Investors try to manipulate and create a crash to have a safe and comfortable entry price?

Yes they will.  And I think it will be accompanied by massive bearish reports in the media, followed by drugs & terrorism funding stories to shake weak hands out big time until everything goes silent about the whole thing.  That's when you buy more    I wouldn't be surprised to see BTC go to <2k USD. 

[2Pac]

It's not strange, it usually work that way. When altcoins fall against BTC but stay same in USD you see reds. Sometimes they rise with BTC rise but with lower percentage, again you see red but you are in profit against USD. It's just different percentage of changes.

[bandar]

And it just started. Brace yourselves. Massive correction ongoing.

[Nebell]

Well hello double digit correction...

I think I'll so go bearmode myself to the next 7 days, staying away from crypto. Not good for my health.

But it's better to have a correction than bubble bursting.

[bandar]

will Institutional Investors try to manipulate and create a crash to have a safe and comfortable entry price?

Yes they will.  And I think it will be accompanied by massive bearish reports in the media, followed by drugs & terrorism funding stories to shake weak hands out big time until everything goes silent about the whole thing.  That's when you buy more    I wouldn't be surprised to see BTC go to <2k USD.  

told you:  https://www.bloomberg.com/news/videos/2017-11-29/joseph-stiglitz-bitcoin-ought-to-be-outlawed-video