Bitcoin rise altcions fall!

[loragean03]

Ofcourse its gonna happen, and always happened when bitcoin rise,  most of the leading altcoins are its either at the same price or below, i think it is because of some investors are switching to bitcoin to generate profits. This is usual, but sooner or later after bitcoin pump, altcoins follow and set a healthy recovery.

[gawer33]

expect this will happen since most of the alts are bought using BTC some of them will sell their alt to join BTC bull run another thing is arbitrage in exchanges especially if there is more than 3 based currency FIAT, BTC, and ETH as an example. a sudden rise in BTC will increase eth on BTC/ETH pair in seconds thus to gain profit they will sell ETH on BTC/ETH pair for the 1st effect until fiat/eth and BTC/eth pair is equal in value, a further more  increase in BTC will again increase eth/BTC pair compare to fiat/eth pair which create more selling on eth/BTC pair thus will result in low demand for eth which will affect eth/fiat value. THUS some alts is bought thru eth will also decrease it's value.

[Suketlapangan]

that's the thing that's okay, because bitcoin is the king of coin, and maybe investors from alcoin are flocking to bitcoin as prices start to rise, but do not worry because of the rise of bitcoin, the other coin-coin will also go up

[elimi]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I will buy some altcoin which I think is good as a long term investment when the price goes down and Take every opportunity that can make us become "rich" with the price change.

[Ntaa]

Yes. . that's what happened. I think something like this does not happen for the first time.
And I think the Altcoin price will follow if the bitcoin price starts to stabilize. Well this is a good start for cryptocurrency.

Correction :
“Bitcoin rise altcions fall!” = “Bitcoin rise altcoins fall!”

[samsul1234]

I think this is to sell btc and buy bitcoin, profitable for now,

[Fujiati]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's a big No,  because as I observed bitcoin and altcoin is not a competitor they just like a team. They are all digital money currency. Although they have different in price level but their functions are  the same.

bitcoin does go up but altcoin does not go down just its movement to ride so slow unlike the bitcoin price movement, we have to be patient to wait for altcoin to move fast. this is the beginning to boost the market price going forward.

[lamcouz]

My strategy is simple i just dont buy all investment in one shot i go for in split so on every dip i had started to buy in 20% so my average of buying price of btc is now in average and if the market cross $8000 then i will start getting profit. Will start selling my coins which i have bought in very low. This way i trade and keep my investment sound and long-term

[alex M]

What I know about Bitcoin rises and altcoins prices dippings is simply every people sells off altcoin and buys bitcoins and that helps the price up more,and the altcoin holders wants to enjoy the profit.

Yes of course. Bitcoin rises when altcoins fall because altcoins holders are participating the massive sell offs and use it to invest on bitcoin when the price is down. And when a bull market is on, many investors who had bought btc at cheaper price would sell their btc at higher price to enjoy huge profits. Then, when everyone sells so again supply in the market getting higher and and price will go down again and thats the nature of crypto business.

[Dr.Osh]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I will buy some altcoin which I think is good as a long term investment when the price goes down and Take every opportunity that can make us become "rich" with the price change.

well, maybe altcoin just a matter of time until the price pump. well, bitcoin already pump, but no improvement for this. well, I hope the price goes up in the near future. I'm sure many have been waiting for that to happen.

[angelakrasnova]

Now many who hold alcoins are pouring their funds bitcoin, as one can now earn short-term growth, after which the capital will return to llcoin and then altcoin will begin to grow.

[iknowitsme]

Judging by btc domination trend this time everything may be big. I think we will see another BTC pump before altcoins start moving.

[Vimukkthi Vithanage]

Yes I too noticed that. But we all know there is  a clear bond between bitcoin and alt coints .. so according to my point of view those alt coins too will start to incease the price with bitcoin soon

[Genamant]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

We have noticed that when bitcoin either rises or falls in price majority of alt coins drop in price. That is just the way it is. You just have to wait it out until altcoins rise in price. The market will normalize in time

[Clark05]

Bitcoin price now increasing and most of the altcoins now increased too. But they have altcoins also who are stay on their price and decrease. Remember the altcoins price is different to each other they have increase and decreased. But mostly they also follow to the flow of the bitcoin because they are connected to each other.

[Herbys]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's time Bitcoin and now he's gaining dominance in the market already 47%, that's just not clear, due to the decrease in the price of altcoyins or due to volumes.
Judging from the graph of the volume for 24 hours about 7 billion, and then a sharp jump to 15 or a glitch or someone bought it well, because then the rise in BTC cost.

[theyRmose]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

altcoin does not fall, they just pause.
after the bitcoin actually rises and the price is stable then altcoin will also go up, that's my personal opinion. you can trust it or not.

[Stedsm]

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's never the same always! The alts had been overvalued and must be undervalued because there are many such shilling coins which really have no meaning and those coins enjoyed some bamboozling rallies last year, so the plan looks like changed and now, investors will watch out for the best before they put their money in - which means Bitcoin will be seen as one of the most safe haven asset currently to invest in. I believe many alts will get to 0 ground level once Bitcoin's super bull run starts.

[Neraj Evad]

The bitcoin ,we can not deny is on yopevel of all the coins in the market , it is now the reference of all the coins in the market place , if the bitcoin falls ,the altcoins would probably fall also ,but this would vary the supply and demand of coin in the coin market cap.

[sultanGol]

Every trend needs to end sometime. However I think, if Bitcoin's dominance reach 50%, it will start to decrease again.