Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!
Bitcoin and altcoins are correlated but they do not move in perfect synchrony this allows you to exploit the differences in those movements and earn bitcoin, altcoins or fiat.
It is very easy to see this in the charts, look at how a coin is moving compared to bitcoin and you will see there are long periods of time in which the coin remains static, this means bitcoin and that altcoin are moving in a similar way, but then there are instances when the price begins to go up or down which means the altcoin is growing or crashing faster than bitcoin.