bitcoin down, altcoin rise. why?

[erifubirugen]

It can depends, look todays cryptocurrency market, the Bitcoin price is rising but altcoins can't do the same.. I think everyone start to understand the Bitcoin's dominance, so the price goes higher than the other coins and it keep leading the market.

[GotNow]

same problam to all,btc is not stable 1,2 month

I think it's normal situation. Bitcoin is changing it's value time by time and we can't predict when it will get high. As I follow and invest small amount in bitcoin I notice that in the end of the month in a year, the value was fastly getting high and in the starting month in a year it will slowly donw.

[bitbitcoincoin]

I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

Most altcoins are paired with Bitcoin, so people generally buy Bitcoin first then use that to buy alts, meaning first a rise in demand for Bitcoin, with the price reflecting that, before the demand switches to alts, causing their price to increase and Bitcoin’s to fall.

[Ikpirijor7]

Not all altcoins however. The raising altcoins are the ones which have rolled out real effects or improvements instantly before the plunges. What's more, amid the plunges most particularly bitcoin plunge, it once in a while influences some altcoins if the coin is a decent task, numerous financial specialists utilize that chance to stuck up their wallet. This makes the altcoins to rise notwithstanding when there is a general dump.

[kagawawa]

I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

In the currency market the decisive factor to all that is Bitcoin. Bitcoin plays a key role in the crypto market and when Bitcoin is down, all other Altcoins will go down. But why when Bitcoin goes down is Altcoins up? I can explain to my own understanding that the altcoins of the price increase may be promotional campaigns and advertising or a technology of an Altcoins are added, such as the EDO has a purse. Or, it's listed on major trading sites, or the Altcoins information that's linked to the major counterparties and markets that influence the Altcoins price will certainly increase.

[CrimBit]

The price of a coin is determined by market demand, if the demand for altcoin increases then what happens is the increase in altcoin prices and vice versa, and another reason Altcoin can be traded for BTC so that when I sell bitcoin for altcoin, there is more demand for the altcoin that I try to get . making increased demand for altcoins in the crypto market.

[letzdodiz]

I can't help thinking that all altcoins are related with bitcoin. That is, you make a twofold trade dependably when you purchase or offer altcoins. Fiat-Bitcoin-litecoin and Vice versa altcoin offer for bitcoin and after that trade for Fiat. In like manner, when bitcoin falls, at that point the various altcoins fall. Uncommon situation when developing altcoins when bitcoin is falling. This may imply that altcoin has an exceptionally solid and independent item.

[RudeeTam]

Just a change in interest for people. There's not really any correlation between bitcoin and altcoin price. It just so happens that more people are into either one for a while or at the same time sometimes.

[pat4cryptoreal]

It depends on the project behind the alternative coin. Investors are mostly attracted to alternative coin with good project even when the market is red especially new projects that are just listed in coinmarketcap.

[Marlo Stanfield]

Not all altcoins however. The raising altcoins are the ones which have rolled out real effects or improvements instantly before the plunges. What's more, amid the plunges most particularly bitcoin plunge, it once in a while influences some altcoins if the coin is a decent task, numerous financial specialists utilize that chance to stuck up their wallet. This makes the altcoins to rise notwithstanding when there is a general dump.

How many of these projects are actually rolling out real improvements or anything even remotely like that though? Very few I'd say. In general you'd be hard pressed to find many decent projects that aren't complete scams.

[bright4mech]

Bitcoin price is a function of market movement where many supply are higher than the demand, it dropped, which has been experiencing for a short period time, secondly bitcoin usage is higher than many alt-coin.

[Konffetka]

I think that all altcoin are based on bitcoin as a source of comparison. Thus, significantly increasing the prices for bitcoin, the prices for altmoine also increase, and prices for bitkoyn also reduce the prices for altmoin.

[quocsi]

The added value of altcoin every time the bitcoin price drops, I actually find there is very little. Whenever the discount price of the bitcoin market turns red. Only a few altcoins increase. I think many investors were scared and sold bitcoin and switched to new altcoin investments with lower capital. That causes some altcoin to increase while bitcoin prices decrease

[tubig123]

I think there is possibility bitcoin down and altcoin rise because in bitcoin as long as they operated for a long time many investors luck of trust due to the system can not be understand while in altcoin is very new launched which is the groups will unite and I beleived if it will be in good handling it will rise someday.

[EEEian]

Look for more dips soon as governments are going to crack down on crypto currencies worldwide. You think they're just going to let people circumvent their financial systems. You won't find many people in any of these communities recommending you sell as it seems they're filled with fanatics. But there will be another large dip here soon before it goes back up.Sell most of your inventory now, wait for the second dip and then possibly re-buy.

[dragonwolf88]

I think there is possibility bitcoin down and altcoin rise because in bitcoin as long as they operated for a long time many investors luck of trust due to the system can not be understand while in altcoin is very new launched which is the groups will unite and I beleived if it will be in good handling it will rise someday.

Well if we will see the current price now, if bitcoin down then altcoin is down too as bitcoin is the basis of the market price. I think I disagree that bitcoin down altcoin will rise.

[Kirito-kun]

It depends on the project behind the alternative coin. Investors are mostly attracted to alternative coin with good project even when the market is red especially new projects that are just listed in coinmarketcap.

Perhaps you were right. I guess it depends on the project, if that project have been raised a huge amount or reach their hardcap then we can say that this alts will be profitable. However, few only of them have raised a good amount and most of alts ate connected to bitcoin hence if bitcoin is down most of alts are down as well.

[Chandan_gupta]

It's because of the trust issues recently people are facing, its one of the reason is Pyramid Scam which is not true but it made people in discussion and disturbed on the side of bitcoin.

[cutecute]

I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

I think that is only coincidence because bitcoin and altcoin is not connected. Actually there are some people said that bitcoin and altcoin consider each other as a competitor.

[indayburakday012]

It will happen sometime but not regularly as the whole market follows the bitcoin movement and every coin goes to the same direction which bitcoin follows. Some altcoins go against bitcoin trend but they have their own reasons to do that.

There are some crypto that are independent and aside from that they are really a coin which made their own wallet and exchange for their crypto but the market price of their crypto moves on their own in fact i know some crypto that are still rising its market price value and planning to invest on them again since i had dump the coins because at first i do not like the project but after seeing a good market price increase i now change my mind.