what is overall dip?

[doyouslide]

*read the title , I don't get it why is it if BTCtc will go down the altcoin's price go down aswell.

[kulsuma]

BTC is mainly generate the whole market based on them all coins are depending also if the price of btc go low that time altcoins also suffers because people are waiting for forecast of btc if the price is up then they invest more in the market but if its down then they withdraw.

[jamesbtcearn]

Well It is pretty normal that when BTC price will fall down other altcoins price will also fall down. As all other cryptocurrencies price are dependent on the price of bitcoin. For this reason this happens and this is happening from the very beginning of the crypto industry.

[salinagomez]

I am not really sure about the question but over all bitcoin former is if the prices fall overall loss will happen, in here coin prices is everything it can make you successful and sometimes also a bit disappointed as well so try to understand the market that may can help.

[GaryCynthia]

It's just tefluctuating nature of crypto currency. It will increase very soon. Don't worry about that.

[DenCho?]

Overal dip is near i guess. Wait a bit more (till the end of summer maximum) and go and get some more fiat to buy btc)

It's just tefluctuating nature of crypto currency.

Awesome wording! It's true. It's close to the law for now, but everything could change, when we will have strong enough alts with independent economy. And for now most of people see bearish market and withdrawal their btc/usd from alts to rebuy lower. I think it is very easy) But i was not such clever at the start of bear market and now i'm alt bag holder and i'm sure one day i'll change my alts again for a good amount of btc!

[nikonova]

it's just that all other coins depend on the price of the bitcoin.

[RobertChaney]

The price of Bitcoin is related with other altcoins in the market. So, if the price of Bitcoin falls, the price of other altcoins falls as well. Hope it helps.

[Psychee]

I do not know what you are talking about, but I advise you to invest in a new crypto project like Socratus a new world in the world of crypto and I also advise you not to regret it

[AllenTurner]

This means that the prices have gone down. This usually happens the people let go of their altcoins and starts investing in bitcoins instead. This usually happens when the price of one increases and the prices of other decreases. This leads to an overall domino effect causing the market to go in a dip.

[ahtsham90]

people invest in alts coins by first putting their money to BTC. you cant buy majority of alts coins without BTC. when btc goes down people take their money out from alts and convert it into usdt or usd.

[tony_san]

*read the title , I don't get it why is it if BTCtc will go down the altcoin's price go down aswell.

1) Regulatory is becoming stricter and stricter.
2)There is no good news about BTC .
3)Some altcoin just scam projects and they sold their all coin for money .