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Author Topic: BTC holding it's own trend?  (Read 1533 times)
huffer2100 (OP)
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July 23, 2018, 03:50:06 PM
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 #1

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...
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July 23, 2018, 09:31:01 PM
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Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...
I think that in this stage of the market you should only be short-term investment and trading day, you can see that the market is fluctuating continuously and very hard to guess, bitcoin prices are recovering very strong and are uptrend In short term, so I think that at this time you only short-term investment in bitcoin to be able to not lose money when bitcoin prices decline in the long term.
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July 23, 2018, 09:38:17 PM
 #3

Do not worry, altcoins did not always follow the price of Bitcoin, there were such situations. Invest in the altcoins can and should be, as they will always be of interest from investors.

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July 23, 2018, 10:18:18 PM
 #4

Bitcoin will get pumped real hard or dumped real hard when the SEC has made up its mind. If we look at the market in general, it's clear that people are securing positions in Bitcoin, which is normal considering that most people here focus only on profits. People jump from coin to coin based on what they believe offers the best potential short term gains, and that's clearly Bitcoin. If the Bitcoin ETF doesn't come through alts will pump back up and eat through the recently created gap. It's however interesting though, because Bitcoin pumping usually means alts pumping harder -- it doesn't happen very often that alts are being left behind like this....
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July 23, 2018, 10:23:20 PM
 #5

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...
I think you should not hold on at this point, you can see that bitcoin prices have been increasing steadily in the last few days and the current time has started to fall back and go sideways, the price of altcoin has started sharply. Therefore, I think that at this point you should not keep up, take profit before the next bitcoin price adjustment.
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July 23, 2018, 10:35:43 PM
 #6

Yes. This is a strange thing that I have seen in this market, BTC prices are rising while other coin prices are falling. That is one of the characteristics of the BTC. Prove the strongest penny in the market
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July 23, 2018, 10:38:50 PM
 #7

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...

It also is strange to see the alts are still down while btc is starting to go up. In other words, this only proves that Bitcoin has it's own trend and that alts are following the footsteps of Bitcoin.

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July 24, 2018, 03:31:57 AM
 #8

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...

It also is strange to see the alts are still down while btc is starting to go up. In other words, this only proves that Bitcoin has it's own trend and that alts are following the footsteps of Bitcoin.
the more difficult it is to predict altcoin, always creating confusion to make decisions in trade.
when bitcoin up or down altcoin always decreases.
such as guessing, and waiting for stable bitcoin prices.

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July 24, 2018, 03:38:28 AM
 #9

Most  whales are selling their Alt, take profits to invest in Btc.  Soon The Alt  market will be up again when Btc stabilize. I love this trend
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July 24, 2018, 09:09:37 AM
 #10

Yes, everyone's focusing to bitcoin now. Selling their alts for bitcoin since the date of ETF approval is nearly coming. If you are holding most alts on this moment, your portfolio is mostly bleeding and this is what I'm suggesting to people that keep on buying bitcoin instead of building their empire with alts.
Most  whales are selling their Alt, take profits to invest in Btc.  Soon The Alt  market will be up again when Btc stabilize. I love this trend
The tandem will be back? we don't know it can be yes or no like last year.



 

 

 

 

 

 


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July 24, 2018, 12:06:26 PM
 #11

Most  whales are selling their Alt, take profits to invest in Btc.  Soon The Alt  market will be up again when Btc stabilize. I love this trend
Most whales are buy Bitcoin but not sell altcoins because if they sell altcoins it will move backward but it is oppositely move to forward so you should think your own if many peoples are buying Bitcoin and altcoins but large amount is spend in Bitcoin and less amount is spend so it is good news for crypto investors. Bitcoin is never stabilize once it will raise or fall is possible in this coin.

 
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July 24, 2018, 12:18:15 PM
 #12

could this be why BTC is trending up? Everyone is focusing on that?

yes this is basically what happens every time that bitcoin has a rally. people pull their orders from altcoins and come back to bitcoin market and also because of arbitrage opportunities the altcoins continue going down versus bitcoin and USD while bitcoin continues its rise.
when bitcoin stops the rise and becomes stable, then the traders go back to focus on altcoins and pumps and make profit to get ready for the next bitcoin rally.

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July 24, 2018, 12:38:58 PM
 #13

Typically in these kind of movements, the money is just flowing towards bitcoin while the rest of the market are just held on stand-by. Surely, knowing that the biggest market share of the whole crypto-economy is on a big and rapid movement, they wouldn't want to miss any action, hence the sell-off into some of the coins while bitcoin continues to grow. If the trend is confirmed, the other alts would, for a while be disregarded while everyone is relentlessly throwing their money at the biggest market mover, thus creating this slump on other coins while maintaining the pace for bitcoin, the biggest market mover.

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July 24, 2018, 12:48:16 PM
 #14

Yes. This is a strange thing that I have seen in this market, BTC prices are rising while other coin prices are falling. That is one of the characteristics of the BTC. Prove the strongest penny in the market
Its common trend since last year I think, when bitcoin pump expect altcoins to dump. But don’t worry when bitcoin corrects, altcoins will pump. Investors are coming back now with bitcoin we should be happy for now and expect a higher price in the next days.

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July 24, 2018, 05:28:36 PM
 #15

In recent days, the price of BTC has been rising in a straight line, but the price of altcoin has been declining against BTC, which is an independent market of BTC. Generally, the price of altcoin will rise sharply after the independent market.
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July 24, 2018, 06:01:33 PM
 #16

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...

Its usually the norm, when the price of bitcoin is up, altcoins decline. Its because  investors are shifting their funds to bitcoin again so we can say that there is a correlation between the two markets but there was some exceptions to the rule, just the December 2017 madness. But usually investors are moving their funds where their a lot of potential profits. Obviously, bitcoin is moving upward in the last week so majority of the money from altcoins have been shifted already.

So they don't move in a tandem, as you have understand it. You can still invest in alts why not? But just be careful because you should know by now that there are a lot of them whose purpose is a "pump-and-dump" scheme.
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July 24, 2018, 08:56:47 PM
 #17

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up?

yes that may be it, most people are selling their altcoins to buy bitcoins

this time I'm not sure whether to invest in any alts...

see altcoins prices:

ETH = 0,057 btc

NEO = 0,004 btc

EOS = 0,001

XMR = 0,017 btc

all altcoins are at very low prices and this is a good opportunity to buy


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valentine401
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July 25, 2018, 01:08:16 AM
 #18

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...

Bitcoins is always trending because people are continuing to invest due to its price that is continue to increase in the market depending on the season and every people are earning a huge amount of profit.
anntlevel
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July 28, 2018, 10:13:55 AM
 #19

Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...
Altcoins are also of great importance and what is the price of it is lowering as it is now more interesting to have it on low price. If the price has increased then it shows profit for those who are the part of it, however those who want to invest in Altcoin can invest now. Altcoin price is not wholly depending upon the Bitcoin motion but it has its own major factors so monitor its market and make decisions.
liuqi
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July 28, 2018, 04:08:31 PM
 #20

In recent days, the price of BTC has been rising in a straight line, but the price of altcoin has been declining against BTC, which is an independent market of BTC. Generally, the price of altcoin will rise sharply after the independent market.
Altcoin and Bitcoin both are independent but all are mingle in one way that is investors. Cryptocurrency is depends on demand and supply of the coin so continuous investment is increase the value of crypto and long term holders are make huge profit.
If you are a both category you will become a successful investors in this platform.

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