BITCOIN AND ALTCOIN

[DeadCoin]

Both bitcoin and altcoins both are good for investments. Bitcoin is the head for all coins, the price of bitcoin can affect the price of altcoins also. Because both bitcoin and altcoins are interconnected with one other. Now both price are very low so buy more coins and hold it for future. Once the market returns you can sell and earn good income.

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[walemil]

I have been wondering what is responsible for this too. Each time the price of bitcoin is going up or down, the price of other cryptocurrencies will follow. It didn't often follow this pattern before. I started noticing it after the prolonged downtrend. I think it is because people buy or sell depending on the price of bitcoin.

[Yana_O1993]

Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC

[JMD07]

Bitcoin is the main currency in the entire crypto as most exchanges has base on the bitcoin price. The rise and fall of bitcoin may have effect on those altcoins due to pairing with BTC during trading. Since most of the altcoins has no pairing to USD, token will traded first to BTC or ETH before it can convert into fiat.

[cabron]

BTC is paired to almost all coins, If bitcoin price fall then altcoin holders will also sell to gain when bitcoin rise. Its about accumulating satoshis than the USD. Same thing I guess happen to coins paired with ETH, their price will also fall when that happens because they are accumulating wei from the Dex. Basically it all depend to BTC.

[reflector]

Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC

Bitcoin and Ethereum is a highly recommend cryptocurrency but this situation many low marketcap coins are cheap in the market. So we should buy more in this dip it will be a right investment for future journey.
I suggest to invest on waves because this will be a good performing crypto in bearish market also all are excited this platform.

[batang_bitcoin]

Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC

It's the truth.

When altcoins are sold that usually exchanged to BTC/ETH. And if that altcoin was dumped its going to fall. This is the power of bitcoin and if you are investors and you still don't have bitcoin, start changing your strategy and get bitcoin as soon as possible.

[hermankoles]

the level of crypto competition is very tight where many new crypto and they also try to grab the market and investors, when one goes up the other can decrease

[cryptopizza9010]

From what I have understood, bitcoin is the highest in order now. Similar to it value compared to the others. But there are some great altcoins out there like eth, xrp, ltc. Also there are so many undervalued altcoin coins that get overlooked. Best is that your perform your research by looking into the project, team, investors etc.

[CryptoPowerL]

The trend of bitcoin on the stock exchange is a signal for action for traders. Many traders enter into deals on altcoins, and stop placing at the rate of bitcoin. When so many people are guided by the main currency, it will always be the main

[genuin]

If you can understand the situation of the altcoin market then you can definitely make a lot of profits in a short time. Unfortunately the state of the altcoin market movements has changed not as usual since bitcoin experienced a very significant increase

[neonshium]

Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC

That is one basic fact and the second fact that is that most of them are traded against bitcoin most of the time, instead of Ethereum. What we simply have here is just a market reaction to the movement of bitcoin generally, that is all. When bitcoin moves, altcoins move and it is the way bitcoin is moving that would determine how altcoins would be moving most of the time.

Although, when the altcoins are gearing up to move, they can move pretty fast if given a good condition where bitcoin starts consolidating upwards without much movement which is what at the moment most traders are eagerly waiting and hoping for.

[lombok]

The increase in the price of bitcoin affects the price of altcoins as well, of course, we can take advantage of the moment bitcoin is not stable or stable, so the altcoin is usually the price goes up, in my opinion to increase the amount of bitcoin can by buying an altcoin then exchange it to bitcoin

[andigentho]

The relationship and reason for the effect of the value of bitcoin on the altcoin are because Bitcoin is the father of all cryptocurrency, with bitcoin we buy altcoins, when altcoin pumps, we sell it again to bitcoin. So if we want to trade don't forget to look at the bitcoin graph, for speculation.

[princehandsome]

Bitcoin is everything in the crypto world because Altcoin depends on it, including the current market price. of course if the price of Bitcoin goes down then all the prices of all other coins also go down. Bitcoin is not the father but the parent of cryptocurrency. 

[ReenaRobert]

Bitcoin is mother coin all crypto coin.Bitcoin already reached some high end it will go again high  you can learn altcoin.

[Yana_O1993]

Bitcoin is more stable and that's good! all your profits can be fixed in BTC

[hrunya102]

Only very often it happens that they drops together, and then bitcoin grows one.

[ivull]

in my opinion, two-two are good at making coins, but if I prefer bitcoin, the process is easy and fast, but some are old and have to wait several days or even months

[jems]

This is caused by panic among investors and traders, if they see bitcoin go down, panic occurs and they start selling their altcoins to avoid further losses. But the more this panic actually makes the market very difficult to rise.