Is it bad for altcoin that BTC is dropping

[Situk brok]

In my opinion to put in altcoins if bitcoin goes down is very good and when the BTC price rises, then all altcoins will go up and you have to choose coins like those who often get profits like eth, Ignis, ADA and BCH, those three coins often generate profits .

[alphaboon]

I dun think it is bad. From what I see bitcoin prices do not correlate to altcoins that much nowadays. In fact it seems the reverse

[umbara ardian]

I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.

What?, let's correct your opinion, I saw when bitcoin price rising, most of altcoin down. when bitcoin price down, over percent altcoin price most likely down by btc. It's bad for altcoin when bitcoin price still unstable.

[marcbitcoins]

We all used to see that Altcoins are always depending on Bitcoin market as it will always create a domino effect to the Altcoins every time Bitcoin market will up and down therefore if Bitcoin continue to drop then most of the Crypto users will be worried as they might think the market is in difficult again. So hopefully this Bitcoin drop will be just a temporary as we already seen the light of the market from almost two years of bearish trend darkness.

[distr@yopmail.com]

What?, let's correct your opinion, I saw when bitcoin price rising, most of altcoin down. when bitcoin price down, over percent altcoin price most likely down by btc. It's bad for altcoin when bitcoin price still unstable.

now maybe bitcoin is more stable. price movements are not like yesterday, up and down with a large volume. altcoin has the opportunity to follow the growth of bitcoin now, slowly, but we still see a rising trend in the market.

[levyashin]

It seems everything bad for altcoin.

Btc pumping alts are dumping, btc dumping alts are dumping and even btc become stable alts are dumping. It is crazy annoying.

[Cemploon]

Bitcoin is one of the coins that affect the development of Altcoin. When Bitcoin pumps all the coins slowly grow. And when Bitcoin is stable and Altcoin is mostly starting to pump. Market conditions can now be said to be recovered and now to find the profit, of course, will not be difficult.

[BTT4ME]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Yes it's bad, Altcoins are related to Bitcoin even if there can be slight differences, but the entire market is bullish if bitcoin is bullish and is bearish if bitcoin is bearish.

 On that note, can an Altcoin that basically works like Bitcoin as a cryptocurrency (that could offer more based on the security of its own blockchain), possibly be an alternative to Bitcoin someday?

[shakerbitcoin]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Yes it's bad, Altcoins are related to Bitcoin even if there can be slight differences, but the entire market is bullish if bitcoin is bullish and is bearish if bitcoin is bearish.

 On that note, can an Altcoin that basically works like Bitcoin as a cryptocurrency (that could offer more based on the security of its own blockchain), possibly be an alternative to Bitcoin someday?

You have to beat the king of crypto at its own game though, to possibly achieve that. Hype is real (or unreal), if you have that FOMO working on your behalf!

[geegaw]

I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.

What?, let's correct your opinion, I saw when bitcoin price rising, most of altcoin down. when bitcoin price down, over percent altcoin price most likely down by btc. It's bad for altcoin when bitcoin price still unstable.

Indeed, regardless of whether the value of bitcoin is increased or decreased, strongly affected is the result we can see from altcoin, and it is very sad that this influence does not carry a positive nature, almost only giving negative effects to altcoin. We can look at the value of altcoin from the time the bitcoin fell sharply and the time when the bitcoin started to rise very strong, altcoin always shed a lot of blood, perhaps altcoin is only good when bitcoin is constantly fluctuating low and moving sideways for a long time, fluctuations are too strong and the trend is too obvious only to harm altcoin

[onrise]

I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.

Though btc is little on down trend but not much rise happening in the altcoins and just unsure which ways altcoins are going to go as in past one month they were on the falling trend itself and many have lost huge amount due to altcoins fall in price.

[shoreno]

I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.

no its not working that way but its the opposite  . alts and toks only increase if ever btc will rise but when btc falls both alts and toks will also follow its trend however this wont work at all times because there are times that btc , alt , and toks will only move on thier own based on the demand that they get from the public .  @op i hope this solves your queries  .  it is really bad for alts when btc is dropping but you shouldnt alarm because the drop is not permanent .  sooner or later all cypto coins can always recover and increase again  .

[asriloni]

I think it's very good when the bitcoin price falls, most likely when btc falls the altcoin price will rise which I often see in the crypto market.

Though btc is little on down trend but not much rise happening in the altcoins and just unsure which ways altcoins are going to go as in past one month they were on the falling trend itself and many have lost huge amount due to altcoins fall in price.

Maybe it's only getting a little decrease but remember that about the fact that the downtrend can happen anytime and it will be a very impossible thing for someone to create a high accuracy prediction.
People will always rush bitcoin through sold their altcoin.

[jarhed]

Bitcoin is now very expensive when compared to the Altcoins. I think that we should invest in the Altcoins right now.

[ameerahcrypt]

Altcoin price pin to Btc price, so if BTC is falling it could affect other crypto prices. 

[junkerr]

All coins are affected when BTC Is dropping in market because as far as I know this is the one they bases for in terms of increasing price.In this several days it was nothing to say but just waiting for the comeback.

I saw that, even though I started to like seeing eth and altcoin go up. but when seeing bitcoin go down, all altcoins also decreased. it is bad for altcoin price growth because it cannot grow optimally. while the growth of altcoin is also waiting for bitcoin to pump and stabilize on the platform.

[Reatim]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

It is bad not just for altcoin but for the whole market as well,bitcoin is the sign of the status of his crypto market so whatever th trend of bitcoin defies the status of the investments

But bother no more because today bitcoin is uptrend meaning we’re on the top of the journey and our investments are on the good track now just like what we had once in 2017

Altcoin price pin to Btc price, so if BTC is falling it could affect other crypto prices. 

Yeah right,nice word for the topic lol

[omonuyak]

Altcoin price pin to Btc price, so if BTC is falling it could affect other crypto prices. 

Nor of the altcoin can stand on there own and the only ways some of them gain is an inflow of funds from Bitcoin to them. Time is coming and it might not be far from now that most of the coins we have now may not be able to grow as people and invest will not have any reasons to flip Bitcoin for them.

[ololajulo]

Altcoin price pin to Btc price, so if BTC is falling it could affect other crypto prices.  

Nor of the altcoin can stand on there own and the only ways some of them gain is an inflow of funds from Bitcoin to them. Time is coming and it might not be far from now that most of the coins we have now may not be able to grow as people and invest will not have any reasons to flip Bitcoin for them.

The greed level for bitcoin is being satisfied and we might see correction that could cause a stable price within 10k-14k for some weeks, maybe months. At such times after a lot of profit had been made, some buy back for bitcoin and money flow into altcoin is predicted. The side way prediction is working. For a level of confidence one might engage different medium for information.

[ðºÞæ]

Altcoin price pin to Btc price, so if BTC is falling it could affect other crypto prices. 

Which coin is pined to BTC?     SegWit/Lightning only nothing else.

https://imgur.com/bRwZAgY