bitcoin continues the positive trend today, is the altcoin market in trouble?

[AbuBhakar]

It's not altcoins time yet, when ever bitcoin is bullish altcoins won't start surging instantly so there is no trouble around altcoins presently, this is just another room for more altcoin adoption, I believe now is the best time for accumulation, after bitcoin Bullrun altcoins will definitely take over

Unlike in 2017 where alts followed btc in price improvement, now alts were taking it too slow to move maybe many still believes more in Bitcoin than in altcoins especially there are plenty of scam altcoins exist after the ATH. Though once BTC reach more certain amount some too alts or only the top alts from coinmarketcap will definitely follow the high trend.

[Captain Corporate]

 Altcoins are doing quite alright for themselves, why are people so worried about altcoins not holding their own? These are still good investments if you want to make them, sure there are still very bad ones that you could potentially lose money from, but not the market as a whole. We are talking about scam projects and failed projects, those are the ones that could end up losing money, but the regular top 10 or top 20 type of good coins could still profit you in a bitcoin bull market.

 Look at XRP right now, it is over %5 in profit for the day, Link over %3 (and over %7 for the week), Litecoin up %10!! for the day. There are plenty of them like that if you check coinmarketcap you can see it. After all we are talking about a whole market and when you have these huge ones going up this way, it is easy to get hopeful about them as well. But if you just look at small new projects and see them go down, you are going to assume the market is bad as well.

[rat03gopoh]

and maybe this is the latest chance to buy more good altcoins mate

After bitcoin is successful at this point, what makes you sure altcoins will still catch up with bitcoin? Altcoins are still not far from where they belong, some have even dumped. If bitcoin is gonna experience a correction, I believe altcoins will have a more severe impact. If you feel its too late to enter this bullish market, don't buy anything.

[michellee]

today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher.

you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higher

what I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble?

I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens.

what do you think my choice is wrong?

nope, i think altcoin market will not decline, if bitcoin the positive trends on bitcoin continues,
and maybe this is the latest chance to buy more good altcoins mate

Well, I think the same as you. We see that the altcoin can follow bitcoin price movements because some of the altcoins can increase too. But the other altcoin needs more time to grow. Maybe after the bitcoin price touches $17k, the altcoin will start rallies or waiting for the bitcoin price is down and make a correction. Bitcoin price now seems down after reaching $16,400 and now bitcoin was traded at $16,100, and it could go down to $15k again. But we do not hope the bitcoin price to go down for more than $15k.

The altcoin still has a chance to increase, even if the bitcoin price is up or down, and maybe the history will repeat. If that so, we can profit from altcoin, and then we will make another profit from bitcoin.

[BitTraderCute]

i never think bitcoin bullish trend be serious trouble for altcoi, if any trouble with altcoin price i am believe it just temporary effect from bitcoin hype. investors want to take a part in bullish by selling some their altcoin. after this finish bitcoin and altcoin will move in the same direction again , but not for shit altcoin.

[Salauddin1994]

Bitcoin continues to have a positive trend today but the altcoins market has problems because other currencies in the crypto market grow depending on the price of bitcoin and ethereum currency are in the best position. Other altcoins are dumping in the market the demand for these currencies is increasing day by day even if the price of these decreases if we wait patiently it will increase again bitcoin ethereum tops the list of other altcoin.

[kidbounty]

I think things are better now. bitcoin is still at the price of 16k and there is no sign of it moving again. This is great for the altcoin market, as there will be price consolidation in the near future. so it's not a problem but a favorable situation because we buy cheaper before the price goes up.

[dhemasm]

You're not wrong and i suppose it was basic too, When Bitcoin rally happens it basically will make alts going to be dumped since trader will HODL the bitcoin but it's depends on many factors and which altcoin too, Ethereum and the others major altcoin not really affected with this I suppose but for the other small Altcoins it's have small impact. Altcoins Main purpose was basically really important for this, Let's see some "Yield Farm" Altcoins, It's didn't have an significant impact since it's giving better APY even with higher risk Also check the "Storage" Focused Altcoin which after i see didn't really affected.

DYOR, Every people have different Opinion but i'm personally not going sell all my Altcoins and straight away buying Bitcoin.

[Jeger.Kiting]

today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher.

you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higher

what I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble?

I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens.

what do you think my choice is wrong?

nope, i think altcoin market will not decline, if bitcoin the positive trends on bitcoin continues,
and maybe this is the latest chance to buy more good altcoins mate

Well, I think the same as you. We see that the altcoin can follow bitcoin price movements because some of the altcoins can increase too. But the other altcoin needs more time to grow. Maybe after the bitcoin price touches $17k, the altcoin will start rallies or waiting for the bitcoin price is down and make a correction. Bitcoin price now seems down after reaching $16,400 and now bitcoin was traded at $16,100, and it could go down to $15k again. But we do not hope the bitcoin price to go down for more than $15k.

The altcoin still has a chance to increase, even if the bitcoin price is up or down, and maybe the history will repeat. If that so, we can profit from altcoin, and then we will make another profit from bitcoin.

In my opinion this is the moment where we can buy some altcoins, some things in common in 2017 where the price of bitcoin and altcoin does not always follow the price of bitcoin and tends to wait for the price of bitcoin to fall, when the price of bitcoin drops there is a movement in all altcoin prices, where there are similarities in the golden year of altcoins in 2017, although this is only my amusement, and it all depends on what you see at these two different prices, Bitcoin or Altcoin certainly has no similarity in price in all markets.

There is nothing wrong if we don't take the opportunity to take the opportunity while altcoin prices are still relatively stable and haven't tended to increase, if things happen again then we are ready to benefit from Altcoins and Bitcoin ..

[onecall123]

I think things are better now. bitcoin is still at the price of 16k and there is no sign of it moving again. This is great for the altcoin market, as there will be price consolidation in the near future. so it's not a problem but a favorable situation because we buy cheaper before the price goes up.

Things are now under control, nothing to stress. Everyone's eyes set on towards the launch of Ethereum 2.0, therefore, the natural questions for most ETH and altcoin holders are what happens next? What I see, it will just increase in price. I'll just keep buying when we get in cheaper before it's rolling out.

[Teraboy]

If you're a trader you have to know when to hold BTC and when to hold alts. If you're not a trader, and hodl good projects like 0xMR and FARM, you just wait for the bullrun and try to sell the top.

It should be hodl both of coins. This time bitcoin is getting a pump but at the same time altcoin is starting to get a pump too.
It looks like the old trend that altcoin will be losing to the bitcoin when bitcoin was on the bullish trend is not yet happening again at least not for this time consider altcoin can still very stable when so many demand gone to the bitcoin.
I do believe the majority of traders hodl both

[cryptomaniac_xxx]

If you're a trader you have to know when to hold BTC and when to hold alts. If you're not a trader, and hodl good projects like 0xMR and FARM, you just wait for the bullrun and try to sell the top.

Holding bitcoin is different from being a bag holder of alts, most of the alts are still way behind their all-time-high while bitcoin was recovered so much that it is about like $4k from previous highs. I will say that holding some alts is riskier that bitcoin itself. But the thing is that you can gain so much with alts because you can invest small and during a bull run, you don't know your investments can grow as high as 1000x, even today, some of the Defi hype projects are already giving investors that kind of gain already.

[traderethereum]

I think things are better now. bitcoin is still at the price of 16k and there is no sign of it moving again. This is great for the altcoin market, as there will be price consolidation in the near future. so it's not a problem but a favorable situation because we buy cheaper before the price goes up.

Things are now under control, nothing to stress. Everyone's eyes set on towards the launch of Ethereum 2.0, therefore, the natural questions for most ETH and altcoin holders are what happens next? What I see, it will just increase in price. I'll just keep buying when we get in cheaper before it's rolling out.

With the current situation now, I don't think people will remain calm down because bitcoin price now drops to the $15,800 level, and I think that makes some of them worry if the price will go down for more.
Maybe they are stress to see the price can go down below $16k, but that is what happens to the crypto market.
The altcoin market suffers too. But not all altcoins are down because some of the altcoins can survive in this correction. Hopefully, they can lift to other prices, although not too high.
If the bitcoin price is now down, it can give the altcoin a chance to increase and lift the price and reach the next target of the high price.
When bitcoin can come back to the $16k, the altcoin will be at a high price, and maybe the altcoin will have a chance to lift to the next high price.

[Kunnu]

The current growth of Bitcoin may not leave negative impact on altcoins because one thing I have seen so far whenever Bitcoin goes up mostly altcoins follow up btc trend as we can see there are some top ranked altcoins which are performing very well in the market which indicates that the altcoins market isn't in any kind of trouble.

[Inkdatar]

Bitcoin continues to have a positive trend today but the altcoins market has problems because other currencies in the crypto market grow depending on the price of bitcoin and ethereum currency are in the best position. Other altcoins are dumping in the market the demand for these currencies is increasing day by day even if the price of these decreases if we wait patiently it will increase again bitcoin ethereum tops the list of other altcoin.

Well we observed these days bitcoin gained momentum that price is increasing with a lot of adoptions occurred. Actually, it depends on the project of altcoins since we check other alts are also increasing. There is the time for some altcons to increase its value for the mean time we could have the chance to buy some alts in the market.

[Delisaara]

Altcoins will go up if bitcoin is stable, bitcoin price goes up high Altcoins will go down and bitcoin price goes down Altcoins will go down too.  There is a time when altcoins will fly, that is, if bitcoin is stable.  most traders are often caught in this kind of situation.

[safari88]

i'm not quite sure if the altcoin market is in trouble i tried to look at the altcoins right now i think they're are increasing too, as what i have observed if the bitcoin increase the altcoin increases its price too so i think with the bitcoins bull run every crypto benefits.

[iv4n]

i'm not quite sure if the altcoin market is in trouble i tried to look at the altcoins right now i think they're are increasing too, as what i have observed if the bitcoin increase the altcoin increases its price too so i think with the bitcoins bull run every crypto benefits.

As always, some alts are in trouble because they are low quality projects without real purpose, and some alts will follow bitcoin progress, mainly because they are good project that have potential!
The fact is that alt market is growing every year, or it's better to say every month! In size and value, more alts appears and some old alts are getting more expensive! And I don't think we will see any changes about this, there will be more alts and alt market will continue to grow!

[Stanlo]

It's a big good news for altcoins if Bitcoin keeps surging higher every day, this will make dominance high and majority of altcoins will be in red just for the main time, once bitcoin starts dropping altcoins will start surging, this time around I don't know if shitcoins will benefit from the next altcoin season that's why it's better to hold top altcoins

[Rebisco]

i'm not quite sure if the altcoin market is in trouble i tried to look at the altcoins right now i think they're are increasing too, as what i have observed if the bitcoin increase the altcoin increases its price too so i think with the bitcoins bull run every crypto benefits.

As always, some alts are in trouble because they are low quality projects without real purpose, and some alts will follow bitcoin progress, mainly because they are good project that have potential!
The fact is that alt market is growing every year, or it's better to say every month! In size and value, more alts appears and some old alts are getting more expensive! And I don't think we will see any changes about this, there will be more alts and alt market will continue to grow!

Stay away in low market cap altcoins because for sure you will be in trouble if you keep getting near on it, the btc dominance is keep rising and a lot of whales are withdrawing and dumping the coin that they have because of the sentiment. For those who have high potential altcoins, do not be afraid because you will not experience huge dumps unlike those shitcoins are now keep dumping and keep losing its value everyday.