Who Agrees with Me?

[/GeertJohan]

Generally, the whole market is moving according to the bitcoin, the prices are rising or the prices are falling. Bitcoin is in the base position of the market. When the price of bitcoin stable, altcoins are moving again.

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[Good Bo]

I agree with you that all altcoin will be exchanged through bitcoin, so each time we see a bit of currency rising first, the other altcoin will rise again, because the new money will first enter by bitcoin. It is for this reason that we have an advantage in patiently holding bitcoin.

Yes its normal thing happen in cryptocurrency becauss bitcoin is the strongest one. This thing mostly happen but not all of altcoin follow bitcoin but there are other not going through the same move. When bitcoin down, other people try to get another option and it make the choosen currency has not the same move with bitcoin.

[udayantha11]

I agree with you. the same thing happened every day. even the BTC dominance increased also this happened.

[hastag_80]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

actualy in my own observation and speculation once the bitcoin is going to the highest all altcoins will be affected and going pump too,because they will carried away the grow pump value of the bitcoin,thats why i conlcude in my own opinion that the bitcoin is the source of all cryptocurrency because no matter what happen to the bitcoin it will boomerang to all altcoins,but there are times also that bitcoin is in dump situation the others altcoins still rising,but nothing at all only a few  like ethereum and ripple.

[Layers318]

The price of altcoins are influenced by the market trend of Bitcoin because almost all altcoins are paired with Bitcoin on the various exchange sites. In the event of a fall in the price of Bitcoin, the altcoins paired to Bitcoin at that moment tend to lose their value alongside.

[NickeyBubl]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

Yes, I agree with you, there is such a trend, this situation is repeated quite often, you need to use this in order to make a profit, but I do not always succeed, because sometimes it is very difficult to determine, when the growth or falling begins in the cryptocurrency market

[tuhnupeppu]

It's pretty normal. It's a psychology thing. Bitcoin affects Altcoins because nobody wants to spend money on Altcoins when Bitcoin is mooning and vice versa. I guess you just get profit from bitcoin and at then end switch to altcoin when bitcoin is going down.

[ethereumhunter]

The price of altcoins are influenced by the market trend of Bitcoin because almost all altcoins are paired with Bitcoin on the various exchange sites. In the event of a fall in the price of Bitcoin, the altcoins paired to Bitcoin at that moment tend to lose their value alongside.

yes, this is what happens right now. and when the bitcoin price is down, the altcoin price getting the impact too. we are going to see another correction price again this time, but I hope that the correction is not too thick so the rate can increase and reach higher price again. but other altcoins trying to survive in this down and they can grow a little price, and I think the coins can make good progress in this week.

[Vampirepro]

I think that's because of the link that some altcoins have with bitcoin, when the bitcoin goes up you can see many people selling their altcoins not to miss the rise of bitcoin, you can also see the opposite if some altcoin goes up, but it is much less noticeable because it would be 1vs1 and not all vs 1 as it happens with bitcoin, you have to remember that most people change from altcoin to bitcoin and from bitcoin to fiat if they want to make another investment

[sherwinsamsung]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

during normal times, there would be transfer of money between bitcoin and altcoins, but the global coin market capacity stays about the same.  this is due to some people getting profits off one coin and want to invest in other coins.

but there would be times where outside factors can influence the entire global coin market, shifting it up or down as a whole.  negative media will result to entire coins being dumped for fiat.  and positive media outlook and government acceptance, on the other hand, will have the entire coins rise in value.

[jikurpa]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

I do not really pay attention to it that I understand is the unstable price change it is one of the risks in investing with cryptocurrency with it I remain confident investment with any cryptocurrency

[Luntop]

I also noticed that if bitcoin goes up then in a few days prices rise and other altcoins .

[sabtu malam]

If you think I might otherwise. Thus we should be investing with both. Altcoin is great for short-term investments, while the botcoin is suitable for long term investment. Therefore it would be nice if it supports both. And has investments in both.

[drixty]

yes I agree. thats why im not botheres by the high and low in the market as long as I have my strong coins that can lasts whatever happens.

[Ranillo79]

Thats rigth, if bitcoin prices is in his highest pump and probably 80% of crypto money is in btc. So at that moment altcoins will be down. Reverse process of crypyo morney, and if the altcoins is in pump btc is in dump. Means the percentage is going high in altcoins

[DavidY]

I found this law. So I always advise my friends to invest in Bitcoin. Don't invest most of your money in altcoin. The investment law should be to invest in bitcoin first, then choose altcoin

[Arrbuz]

it's obvious, I agree with you . If bitcoin goes up, the prices for altcoins also go up

[Caladonian]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

I do not really pay attention to it that I understand is the unstable price change it is one of the risks in investing with cryptocurrency with it I remain confident investment with any cryptocurrency

Sometimes we also needed to use the previous movements into considerations, reviewing the flow and how things behave inside the market will allow us to assess much better, experience traders buy before the news and hold it till the news start to spread out then sell after some fomo's showed up taking the profits even in a small fractions, just needed to learned how to play well and create your own strategy.

[shad_ow90]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

This thing is just right when there is no fiat money from outside into the market. Just only transfer capital from Bitcoin to Altcoins and vice versa

[bonifacioB]

It is a normal hapened in cryptoworld of that situation because it's just a business maybe sometimes down, sometimes up and all of that are relying to the bitcoin price and also that is not a pattern and that is the same thing happened to the real world.