Price of alts when BTC pumps

[kidoseagle0312]

Why do USDT pairs raise with a BTC pump and BTC pairs fall? I understand that when BTC pumps, people sell their alts to ride the BTC wave up, but it doesn't really make since why USDT pairs don't do that. Wouldn't it make sense for people to sell their USDT pairs so that they can buy BTC and ride it up, and hold their BTC pairs as the value is going up anyway? Thanks for any answers! 

In the flow here of trading in crypto world when Bitcoin goes up most of the altcoins are decreasing while few of the altcoins are getting pump its value were their riding with the flow of the movement of Bitcoin, its just temporary only, then when Bitcoin goes down some of the altcoins getting pump its price in the market. That's the cycle of the price here in every exchange platform.

[sujonali1819]

Actually Alts market always depends on bitcoin. when bitcoin up alts coin starting to dump because on that time alts only follow the value with USD. So if BTC pump alts keep right their USD value. And dumping in BTC pair till the BTC pump over. But it always not happen and follows the trend. Sometimes you can see that alts also raise with BTC pump and sometimes you also can see that alts are pump when BTC start down.

[Idrisu]

Bitcoin rises now https://www.coingecko.com/en we will see all alts following it think

Altcoins do appreciate whenever we have a push in bitcoin pricing and I see bitcoin adding up in pricing.  It is truth that now still remains the best time to invest in cryptocurrencies consider were we are going.  I strongly believe that we are at the early stages and we are going to see in future that the current pricing will be a child play compared to were bitcoin will be.

[jvdp]

Most commonly bitcoin price bumps all along with the altcoins in the marketplace. While you invest on the bitcoin you may choose potential altocoins have great marketplace volume. Because always we could not depend on one coin alone.

For that you may make such kind of decision buddy. Then few altcoins are always fluctuate in the market those are best for trading purposes.

[Slow death]

Why do USDT pairs raise with a BTC pump and BTC pairs fall?

When the price of bitcoin rises, people sell their altcoins and buy bitcoin to convert into USDT and then those same people go back to buying bitcoin when it falls. and once they have bought bitcoin they go back to buying the altcoins. This has been a cycle. But there are case that do not fall in price when bitcoin has some pump and this happens because that same altcoin has some good news in the next days something that causes that the investors do not dump their currencies

Wouldn't it make sense for people to sell their USDT pairs so that they can buy BTC and ride it up, and hold their BTC pairs as the value is going up anyway?

imagine that you have 0.03 BTC when the price of 1 btc = $5000, but you decide to buy ETH when the price of 1 ETH = 0.03 BTC. 3 days later the price of bitcoin has a big pump and the price reaches $6000, but ETH drops to 1 ETH = 0.025 BTC.

if bitcoin is in the  $6000 then:

0.025 = $150

0.03 = $180

that's why people rush to sell their altcoins and buy bitcoin to sell to USDT

[nydiacaskey01]

Traders go to where there's an opportunity to make profit. If you are currently holding alts and Bitcoin is climbing up, most likely alts that you are holding will start to go down as other holders will sell to buy BTC as the price is surging. However its not always a good idea to follow where the trend goes. I would take advantage of a suddenly low priced alt because of a trend and wait for the price to go up again.

[gilangIDR]

Why do USDT pairs raise with a BTC pump and BTC pairs fall? I understand that when BTC pumps, people sell their alts to ride the BTC wave up, but it doesn't really make since why USDT pairs don't do that. Wouldn't it make sense for people to sell their USDT pairs so that they can buy BTC and ride it up, and hold their BTC pairs as the value is going up anyway? Thanks for any answers! 

The increase in Bitcoin prices will definitely affect everything in the cryptocurrencies market. We cannot deny that the domino effect owned by Bitcoin greatly affects the altcoin's overall price. But that when an altcoin has strong power I think the altcoin will also increase, unlike when an altcoin has no power and does not have such good confidence, the development and change of altcoin will be inversely proportional to what happens to the price of Bitcoin. Besides that, the support of coin developers who continue to maintain prices can be a thing that distinguishes them compared to coin developers who do not have these capabilities.

[OrangeSeller]

at the moment I see that the decline in bitcoin prices will be directly proportional to the decline in altcoin prices, so if bitcoin goes down it is certain that the altcoin will also fall.

That is what I have been seeing for long. There is no exact correlation between both but I think that the factors responsible for the reduction in the values of Bitcoin also affect Altcoin in an adverse way. But speaking about the current scenario, speculating in Altcoin could be great because Bitcoin is in the bullish mood and the prices of altcoin could also move up.

We have seen it back in boom 2017. A boom in Bitcoin was a boom for altcoin as well. This is a revival in the same crypto market as a whole which affects all the coin and their prices hence by rising demand for these coins further. I believe that Bitcoin is yet to grow more and more along with rise in the value of altcoin. Having said that, it is the perfect time for speculation.

[Opnsrc]

Most commonly bitcoin price bumps all along with the altcoins in the marketplace. While you invest on the bitcoin you may choose potential altocoins have great marketplace volume. Because always we could not depend on one coin alone.

For that you may make such kind of decision buddy. Then few altcoins are always fluctuate in the market those are best for trading purposes.

Not all altcoins follow Bitcoin when it grows. Some of them do not show any movement. However, the gainers add much more (in percents) than BTC, and their holders can earn a lot during this time.

[Distinctin]

Bitcoin rises now https://www.coingecko.com/en we will see all alts following it think

We are having a good day today, bitcoin rise to over $5800 and most of the top 100 altcoins in the market follow the price action.
Hopefully as we are going to break $6,000 soon, it will also ignite the sleeping altcoins.

I like this kind of situation as new big pump will lead to more optimistic investors expecting another big run, market has no signs of slowing down.

[Tobaa]

Let me try to answer this, there are various decisions when Bitcoin price pumped

• A sell off their altcoins for BTC, so that they can ride Bitcoin movement to take profit
• B buy some altcoins with their USDT because these coins are in cheap price when paired to BTC, and end with the increasing demand of altcoins that make USDT pairs in a green color, later when Bitcoin is stable and BTC pairs will start increasing, B can sell their altcoins for BTC and gain Bitcoin more than if B bought BTC directly with USDT or Altcoins

I hope this makes sense  

Thanks for the explanation. But I dont really get the B part. 

[19Nov16]

Most commonly bitcoin price bumps all along with the altcoins in the marketplace. While you invest on the bitcoin you may choose potential altocoins have great marketplace volume. Because always we could not depend on one coin alone.

For that you may make such kind of decision buddy. Then few altcoins are always fluctuate in the market those are best for trading purposes.

Not all altcoins follow Bitcoin when it grows. Some of them do not show any movement. However, the gainers add much more (in percents) than BTC, and their holders can earn a lot during this time.

Even many altcoins die because users immediately exchange to bitcoin when btc pumps, everyone thinks that top ranked coins especially bitcoin are profitable and safer for the long term.

[el kaka22]

I believe the increase in alts follow bitcoin a bit late, for example if bitcoin goes up suddenly than the bitcoin price of an altcoin goes down because dollar value stays the same but than the bitcoin value of it increases as well to reach the previous prices so the dollar value increases as well. You can't expect them to be increasing all at the same time in a unison but you can expect them to catch up with bitcoin given enough time.

I just feel like there are less big coins now, in 2017 there were hundreds of coins that went up in price and diluted the market but now there are maybe 20-30 good coins left while others are not cared about too much which is why this time around its easier for other coins to increase since the market is not diluted as much as it used to be .

[greenclub09]

As i can see in the pumps, there are two cases happen: altcoins are pumped along with BTC or are dumped along with BTC, altcoins are usually rises or falls along with BTC when the market start pumping from the big falls but only when the whales want to pump BTC they surely dump all the altcoins the have to create FUDs for investors to buy BTC rather than Altcoins, However as a wise investors investing in altcoins can bring us huge profit when altcoins can fluctuate more percentage than BTC.

[fibrolit]

My favorite altcoins in dollars are now worth less than when bitcoin was worth $ 5,000 for example. I believe, that when bitcoin is growing rapidly, many people sell altcoins to buy bitcoin.

[monalia]

My favorite altcoins in dollars are now worth less than when bitcoin was worth $ 5,000 for example. I believe, that when bitcoin is growing rapidly, many people sell altcoins to buy bitcoin.

What is that altcoin/ you might have shared with us.

Favourite coins goes to cheap I understand we will find the value goes very low. Please take that coins to USDT or BTC for your future safety.

Now all the coins are operates independently so no need to compare the both alts and BTC.

[Reid]

It is kind of keeping it safe.
Everyone will agree if I say they still trust USD. I dont want to be hypocrite but I still really do.
With USDT which is equivalent to USD I wont have any problem about pumps and dumps. It will still be the same. 1:1. Right?

So the best thing to do is sacrifice their altcoins to buy those bitcoin and let it pump rather than risk of waiting too long for the alts to be pumped.

[Oceat]

I'm pretty sure that when Bitcoin starts to pump some altcoins will follow too, i don't know why it always happens like that although it is not like that before. But when tons of shitcoins exists the attracting power turn to Bitcoin after all. Unlike before when Bitcoin dumps the market would switch to altcoins because it is pumping. But now, i don't know what happens.

[Altero]

I'm pretty sure that when Bitcoin starts to pump some altcoins will follow too, i don't know why it always happens like that although it is not like that before. But when tons of shitcoins exists the attracting power turn to Bitcoin after all. Unlike before when Bitcoin dumps the market would switch to altcoins because it is pumping. But now, i don't know what happens.

There is a big changes in market trends, we can't expect everything will be in the flows together with bitcoin.
Have we notice that there is no hypes happen this days that some altcoins never grow, they are kept in sleeping while the others are pumping. It looks like we need those hypes as it previously happen in the market before.

[Ailmand]

usually it happens like this when the value of the bitcoin rises also the value of the altcoin grows, this time it seems it has not happened so in spite of the slow and constant growth of btc the altcoin don't follow this trend, therefore the best strategy i think is to sell the altcoins that don't grow in exchange for those that have some possibility of increase in value...

Simply because most altcoin are paired with bitcoin/fiat/ethereum, so logically if bitcoin price increases it also has a direct effect in altcoin. Of course this excludes shit coins, dead coins, coins with low trading volume. Rise of bitcoin can also lead to decrease in altcoin price because some are selling their altcoin to go along with the bitcoin price hike. They sell alt to buy bitcoin. Either of which happens whenever bitcoin price moves.