Benefactor
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January 09, 2021, 07:27:07 AM |
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Every one of those can occur at no specific request. Happy that you have requested this sort from perception as it shows that you're genuinely intrigued to think about how the market. It resembles Bitcoin is the one making the publicity to fire up the motor to turn over the bullish season and to be powered by next altcoins .
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Joyawan13
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elysian.finance
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January 10, 2021, 12:47:34 PM |
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I am confused among these, cauze people says 1. Btc pump then alts dump 2. Alts pump then btc dump 3. Both btc and alts follow each other
But we can see that only the 3rd scenario is happening right now i.e alts are following btc. What's about the 1st and 2nd. (Actually I am a newbie in trading)
as day traders we don't need to be confused with the movements that have occurred in the market, in trading just follow the current market price movements, indeed some altcoins mostly follow bitcoin price movements, so trade according to what you think can be profitable, and when the market moves fast With fluctuating prices, you should be able to quickly make up your mind to buy or sell.
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Zanab247
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Catalog Websites
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January 10, 2021, 01:25:20 PM |
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Both BTC and altcoin are all digital currency, which know one can predict when it pump and dump.it hard for both of them to pump at the same time and dump in the Same time in the market. Here are two persons that control their pump and dump in the exchange market: 1• supplier: when ever you see the price of bitcoin increasing, show that the supplier are few in the market. Likewise altcoin, when there is population in demand in the market, show that the supply has reduced in the market. it is than you will see a massive increase of altcoin in the market. 2• Demand: whenever you see the price of bitcoin decreasing in the market, show that the demand are very few in the market, likewise altcoin also.
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BuNga_cute
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January 10, 2021, 11:25:26 PM |
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Based on my experience trading, the relationship between Bitcoin and altcoins is that when the Bitcoin pump, the altcoins will dump. Since all altcoins holders usually move their altcoins into Bitcoin, they want to feel the profit from Bitcoin too. And if the Bitcoin price is dumped, usually the altcoins price will also be dumped, because investors usually secure their funds into stable coins or fiat. The price of the altcoins will be pumped if the price of Bitcoin is sideaway, and slowly the domination of Bitcoin will fall, so it will not take long for the altcoins to pump.
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TheUltraElite
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So anyway, I applied as a merit source :)
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January 20, 2021, 06:07:49 AM |
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Every one of those can occur at no specific request. Happy that you have requested this sort from perception as it shows that you're genuinely intrigued to think about how the market. It resembles Bitcoin is the one making the publicity to fire up the motor to turn over the bullish season and to be powered by next altcoins .
To a trader these thoughts come to their mind normally seeing the altcoins go up with bitcoin rise and then bleeding out as bitcoin stagnates over time at a price range. But I feel this is not needed to be thought. In case the altcoin that you bought is going up just sell it make the profit. There is no direct connection between the two but we can say that a general bullish news for crypto in general or just bitcoin can pump the altcoins too. Is the reverse true? I did see bitcoin pump a bit when litecoin declared its halving, so I cant say no but I lack more evidence to observe. Of course Litecoin is a very old coin and considered as "Silver" to bitcoin.
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coiner-88
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January 20, 2021, 03:25:25 PM |
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I have appear to be the majority of the occasions during a bull run Bitcoin siphons first and afterward altcoins follow after accordingly, trailed by a dump of altcoins and a dump of bitcoin. Here and there bitcoin is mobilizing rapidly that alts are as a rule forgot about. On the off chance that alts siphon, it implies the publicity is there and will result for some, brokers trade their btc for that specific altcoin.
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Hobo66
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January 20, 2021, 07:56:58 PM |
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Alt and bitcoin both have their own marketplace and totally depend on their market. Hiwever there are some combination between them but not all. We seen 2 days ago bitcoin price dump but ETH and other altcoin pump. This show altcoin not depend upon bitcoin Some Eth based token dump with eth price and thia ia truth.
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hanasahi
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March 17, 2021, 09:46:35 AM |
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No one can really predict what would be the price of the Bitcoin and the altcoins actually no one can 100% predict it right all of us are just basing on the available resources. Currently what I see on the market is that the Bitcoin pumps and the altcoin were about to go rally.
Indeed. We can create our own TA or speculation regards this but this is not a hundred percent for sure because Cryptocurrencies especially Bitcoin cannot be precisely predicted. However, one thing is for sure if Bitcoin pumps, alts will follow, and in some rare cases, alts rise first then next Bitcoin. Like now where Bitcoin started the rally and now alts are also beginning to make an entry. Do you think this is a good time to buy Bitcoin?
Whatever time you want because every time is a good time to buy Bitcoin and now the outcome will only depend on how you will manipulate or manage the process. Like if you are a holder, supposedly you are now in the where you need to make a sell but you could choose to buy now and take this opportunity because Bitcoin is still growing. Thank you for your answer I bought a small amount of bitcoin and hope to make a good profit in the long term ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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cryptomaniac_xxx
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March 17, 2021, 09:56:40 AM |
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Alt and bitcoin both have their own marketplace and totally depend on their market. Hiwever there are some combination between them but not all. We seen 2 days ago bitcoin price dump but ETH and other altcoin pump. This show altcoin not depend upon bitcoin Some Eth based token dump with eth price and thia ia truth.
I didn't see that, when bitcoin dump from, all other major alts followed, including Ethereum Cardano BNB and DOT. So I will disagree with you that there are no correlations. They are still depended on bitcoin price movement, and they enjoy the trickle effect. Although it's two different market, still investors are shifting and moving funds the same time, same goes when their is a dump.
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kopijos
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March 17, 2021, 01:23:32 PM |
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I am confused among these, cauze people says 1. Btc pump then alts dump 2. Alts pump then btc dump 3. Both btc and alts follow each other
But we can see that only the 3rd scenario is happening right now i.e alts are following btc. What's about the 1st and 2nd. (Actually I am a newbie in trading)
to be more relevant now point 3 is the most obvious. Altcoins always follow the movement of bitcoin, this happens because many pairs between altc / btc on many exchanges cause altcoins to follow bitcoin significantly. so when altcoins have increased significantly, almost 80% of altcoins have increased, but not all altcoins follow this trend.
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Ausgewielt
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March 17, 2021, 02:29:27 PM |
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To help you to understand, I think you should know about sentiment first. For me sentiment is something that influence cryptocurrency currency price. When there is a good sentiment on BTC then investors will tend to use their money (fiat or altcoin) to buy BTC so they can get profit. When there is a bad sentiment on BTC then investors will buy altcoins or gold or etc using their BTC. When there is a good sentiment on cryptocurrency then booth BTC and altcoin price will rise. That's my opinion.
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josgandosbro
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March 18, 2021, 10:57:42 AM |
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Bitcoin is king of all coin. So alts coin is alternative coin. So any coin not reach the Bitcoin price and Bitcoin place. It any time to up and down. Bitcoin is any time to hit the pricem. So people will be waiting for the price increase. People hold the Bitcoin long time. Alta coin is also any time to changing. So follow the all coins price day by day. Then apply your place.
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btc78
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Eloncoin.org - Mars, here we come!
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March 18, 2021, 11:20:12 AM |
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Every one of those can occur at no specific request. Happy that you have requested this sort from perception as it shows that you're genuinely intrigued to think about how the market. It resembles Bitcoin is the one making the publicity to fire up the motor to turn over the bullish season and to be powered by next altcoins .
you have just make the answer wide but the meaning is there , and that is Bitcoin is always the starter of every bullish season and without Bitcoins pumping then market will never have a Bullrun. But if you know how to handle Investing in Altcoin ? then For sure you will be making lots of money in a short span of time (but never forget this to be very Risky)
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Cling18
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March 18, 2021, 01:24:32 PM |
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Btc and alts don't actually repeat their history or follow any pattern because they're both unpredictable and volatile. I don't think the dump and pump differences aren't connected with each other because mostly different events are the ones that are affecting and influencing the changes in the market movement.
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goldade
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The Standard Protocol - Solving Inflation
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March 19, 2021, 02:40:56 AM |
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I am confused among these, cauze people says 1. Btc pump then alts dump 2. Alts pump then btc dump 3. Both btc and alts follow each other
But we can see that only the 3rd scenario is happening right now i.e alts are following btc. What's about the 1st and 2nd. (Actually I am a newbie in trading)
It is commendable how that as a newbie, you have made such an acute observation such as this. It shows how interested you are in trading. You should be aware that the movement of the price of altfoins and Bitcoin are actually unrelated. Some people just try to relate everything to bitcoin just like they relate stocks and gold price. Since you're new, I'd advised that you do not concern yourself with news like this. Stick with bitcoin, buy when it is low and sell when it is high. With more experience trading, you can then add some potential altcoins
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bitgolden
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Leading Crypto Sports Betting & Casino Platform
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March 19, 2021, 05:24:43 AM |
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Every one of those can occur at no specific request. Happy that you have requested this sort from perception as it shows that you're genuinely intrigued to think about how the market. It resembles Bitcoin is the one making the publicity to fire up the motor to turn over the bullish season and to be powered by next altcoins .
you have just make the answer wide but the meaning is there , and that is Bitcoin is always the starter of every bullish season and without Bitcoins pumping then market will never have a Bullrun. But if you know how to handle Investing in Altcoin ? then For sure you will be making lots of money in a short span of time (but never forget this to be very Risky) Just because bitcoin is the starter doesn't mean that it is the biggest earner neither, go look at year to date profits, you will see that bitcoin increased a lot but there were other coins that increased a lot more as well, it is just that it is harder to find which coin would go up, whereas it is easier to make profit from bitcoin because it is the most known one. I have seen people lose so much money that some guy literally killed himself the other day in my nation from all the money he lost, what did he do? He used leverage trading and then after he lost a lot he put all the rest into chilliz AFTER chilliz went up 5x in a week. As long as you are making a wrong move, it doesn't matter if it is bitcoin or altcoin, but if you want to be sure, just go with bitcoin and you will profit and if you are sure about an altcoin you could pick that as well.
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orions.belt19
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March 19, 2021, 05:29:00 AM |
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When BTC dominance is high, it affects the alts then after BTC dips, its the alts turn to pump. Think of it as a circulation of money. This is because this is the money flow as follows:
1. Fiat (e.g. USD, EUR, GBP)
2. BTC
3. Large Cap Altcoins (e.g $ETH)
4. Mid Cap Altcoins
5. Low Cap Altcoins
6. BTC again
7. Fiat
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MiningBattalion
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March 19, 2021, 06:36:59 PM |
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When BTC dominance is high, it affects the alts then after BTC dips, its the alts turn to pump. Think of it as a circulation of money. This is because this is the money flow as follows:
1. Fiat (e.g. USD, EUR, GBP)
2. BTC
3. Large Cap Altcoins (e.g $ETH)
4. Mid Cap Altcoins
5. Low Cap Altcoins
6. BTC again
7. Fiat
"Altcoin" is a combination of the two words "alt" and "coin" and includes all alternatives to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way. Many altcoins are trying to target the perceived limitations of Bitcoin.The BTC pumps at once, your heart is racing. You think that the whole market goes up — because you know that the Alts are very correlated in recent months.
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longyenthanh
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March 21, 2021, 08:48:20 AM |
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Remember there is only one king of crypto market and that its bitcoin. Rest all alt coins are like followers of bitcoin. When bitcoin goes up alt coins goes up and vice verse. Alt coins are not in a position to move the market on there own.
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wiss19
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March 24, 2021, 10:56:16 AM |
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Remember there is only one king of crypto market and that its bitcoin. Rest all alt coins are like followers of bitcoin. When bitcoin goes up alt coins goes up and vice verse. Alt coins are not in a position to move the market on there own.
Yeah, as per many veteran members of this forum, we do not need any altcoin investments as bitcoin itself got all the power of good returns for our money. I agree with them because as per them we do not need any diversification in this crypto space. 1. Btc pump then alts dump 2. Alts pump then btc dump 3. Both btc and alts follow each other
They all happen during their time, and by the way the third scenario you have mentioned is not really how it works. Yes a lot of altcoins might follow Bitcoin to whatever directions it goes to because they correlate with BTC at about 90% (more or less), but it is not every altcoins in the market that correlates with Bitcoin and when you match some of them you will see that they have like 5% or even 0% correlation with bitcoin. So there is nothing like all alts following bitcoin, the right way to put it should be BTC and some alts follows each other.
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