Price of alts when BTC pumps

[redsun114]

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! 

There are a lot of markets where peoples usually buy/sell bitcoins with the help of USDT pairs so seeing a movement in the USDT price when BTC pumps or dumps is not really a shocking news for me. Instead we can see movement in most of the altcoins after the price for bitcoins pumps. Major altcoins too depends on bitcoins and USDT is a coin being stable likely to USD so most of the peoples prefer trading with USDT to maintain the profits with stable coin.

Anything could happen into the cryptocurrency markets so we can really not predict such things but instead we should always try to support such activities which may lead to rise in the price of bitcoins.

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[anume123]

For sure many of altcoins gonna pump also if bitcoin will start to pump. Because they follow to price of bitcoin once ig get pump and dump it depends on bitcoin because they just following it.

[moynul2050]

when bitcoin is pumped, the altcoin will be dumped a lot and the traders buy bitcoin which is increasing in the hope that they will benefit from a constant increase in bitcoin. although in reality it's not always like that.
in fact they were trapped because they had sold their altcoins and apparently after they exchanged them for bitcoin the price of bitcoin fell.

[jrrsparkles]

Mostly price of alts will bump when the bitcoin price increases but not always it will happens,sometime when bitcoin seems bullish for too long the alts will decline due to the fact that people will sell their alts for bitcoin to secure more profits in long term.

[Kiweikoo]

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.

I think besides Bitcoin, there are so many other coins as well which have good projects backing them and could be profitable in the long run. I am hodling ETH right now and had some other coins as well. They are really profitable and should not be compared with Bitcoin since Bitcoin is leading the crypto market in every aspect. The use of Ethereum Blockchain is great and wide spread which means ETH is good too.

[Rufsilf]

Mostly price of alts will bump when the bitcoin price increases but not always it will happens,sometime when bitcoin seems bullish for too long the alts will decline due to the fact that people will sell their alts for bitcoin to secure more profits in long term.

That is the reality of the market, altcoins are depending on btc price which means that whatever happen to BTC will reflect into the low lines.  But seeing altcoins prices today,  some of them were not just of before and I feel that there no attachment with btc this time cause some altcoins are still not moving and prices remains at its dip position.

[Distinctin]

Mostly price of alts will bump when the bitcoin price increases but not always it will happens,sometime when bitcoin seems bullish for too long the alts will decline due to the fact that people will sell their alts for bitcoin to secure more profits in long term.

That is the reality of the market, altcoins are depending on btc price which means that whatever happen to BTC will reflect into the low lines.  But seeing altcoins prices today,  some of them were not just of before and I feel that there no attachment with btc this time cause some altcoins are still not moving and prices remains at its dip position.

Bitcoin has not reach at a certain amount yet that altcoins will react, maybe higher and I'm sure we're okay with waiting as long as bitcoin will continue to pump. Dip? yes, almost all of the altcoins now still at dip and therefore taking advantage to that price is the right decision now while waiting.

[Bagaji]

For sure many of altcoins gonna pump also if bitcoin will start to pump. Because they follow to price of bitcoin once ig get pump and dump it depends on bitcoin because they just following it.

Agree, many times in the past even at present, the rise in the price of Bitcoin also, give a rise in altcoins. Basically becasue of the potentials Bitcoin has that make all other coins to react to it positive and negative reactions. Also, there a few altcoins which are centralize that at some point in time will not react to the pump of Bitcoin such as Tether USD.

[SirLancelot]

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 .

Actually what everyone think is the truth. Bitcoins and some other similar major coins are a good source of investment for long term and also peoples do prefer investing in such coins in the bull markets to really have quick profits so peoples sell off their altcoins which makes the prices for such altcoins go down.

It is nothing new and it is what makes the bull run approach as more and more peoples buy bitcoins and the price goes above and above. Current price for bitcoins is showing us some growth so we can expect a good price for bitcoins in the coming future but it could also indicate that the altcoins can lose their price in these bull markets.

[pinkpanther03]

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! 

Most of the time when bitcoinBTC goes up in the market, some of the traders sell their holding coins too, due to they knew that most of the altcoins will dump their price value, its the opposite of bitcoin price when it goes up. That's the things happened always in this field of business industry here in crypto, I saw this many years ago mate.

[rodel caling]

in short part of the reason is due to arbitrage trading and part of it is lack of faith in future of altcoins.


Do not be offend mate is just only own my opinion I think not the reason lack of faith for the future of altcoins most of them people are want to get earn profits by the way Sellingof  their altcoins if the bitcoin get raise and also is a part of the traders decision making what they gonna do for their strategy how to get earn profits.

[BeGoods]

Mostly price of alts will bump when the bitcoin price increases but not always it will happens,sometime when bitcoin seems bullish for too long the alts will decline due to the fact that people will sell their alts for bitcoin to secure more profits in long term.

That is the reality of the market, altcoins are depending on btc price which means that whatever happen to BTC will reflect into the low lines.  But seeing altcoins prices today,  some of them were not just of before and I feel that there no attachment with btc this time cause some altcoins are still not moving and prices remains at its dip position.

I don't think its always, actually sometimes, altcoin prices can fall if bitcoin strengthens, you can see it on the market. unless you see a bullish come on the entire crypto, of course the effect will be on most crypto. the point is when the price of bitcoin rises not necessarily the altcoin price also rises..

[whirlcoin]

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 development of Bitcoin will definitely be shown in the effects of the altcoin development also because each and everything has the connect in this Crypto market so it will definitely been a good vibration when the Bitcoin development is happening to the other investment also.

[neonshium]

Mostly price of alts will bump when the bitcoin price increases but not always it will happens,sometime when bitcoin seems bullish for too long the alts will decline due to the fact that people will sell their alts for bitcoin to secure more profits in long term.

That is the reality of the market, altcoins are depending on btc price which means that whatever happen to BTC will reflect into the low lines.  But seeing altcoins prices today,  some of them were not just of before and I feel that there no attachment with btc this time cause some altcoins are still not moving and prices remains at its dip position.

Bitcoin has not reach at a certain amount yet that altcoins will react, maybe higher and I'm sure we're okay with waiting as long as bitcoin will continue to pump. Dip? yes, almost all of the altcoins now still at dip and therefore taking advantage to that price is the right decision now while waiting.

Did you see Bitcoin moving up more than $200 in the past few hours? This is truly amazing to see how the price movement is galvanizing people invest in money and wait for further rise. Many people did it when Bitcoin was around $3000. It is crossing $6k soon. Altcoin are also affected with their market value going up. There are good chances for ETH and maybe Binance coin to rise up.