When Bitcoin dominance falls Isn't it common for altcoins to rise?

[cryptoknightt]

yes it seems it is true, some defi coins and anything related to or collaborating with it will increase.
so there are many projects that do not have a merged definition or create their own defi, it's like they see that the defi has quite an attractive market domination and don't want to be left behind.
whoever can't adjust to the circumstances will either fall behind or die.

[manok jepang]

If we explore more deeply why when the dominance of BTC goes down there are some altcoins going up, in my opinion because of the transition that investors make to buy certain altcoins, as we all know altcoins really depend on the popularity of BTC, if Bitcoin goes up altcoins also go up so  Also on the contrary, if altcoin drops, it will also feel the impact, my current perception is that altcoins that don, 't affect BTC decline is like ETHEREM and Litecoin,

[bitgov]

If we explore more deeply why when the dominance of BTC goes down there are some altcoins going up, in my opinion because of the transition that investors make to buy certain altcoins, as we all know altcoins really depend on the popularity of BTC, if Bitcoin goes up altcoins also go up so  Also on the contrary, if altcoin drops, it will also feel the impact, my current perception is that altcoins that don, 't affect BTC decline is like ETHEREM and Litecoin,

This is not always the case. Just when you look deeper, you will see that how fast Bitcoin's price changes also has a big impact. If the price of Bitcoin rises very quickly, investors are shifting their funds from altcoins to BTC and their prices are falling. This is usually a very short period, a maximum of a few days, and then altcoins start catching up with BTC, but it happen very often.

[X-ray]

The guy could be part of Pando's marketing. He's adding it to the discussion to make it look like that he's unaware of it and only want to ask about it.

I see some new accounts that are used to create the marketing threads for pando coins. That maybe these accounts linked to the promotion that used pando coin to attract the users,
When he was creating a new thread and he is always mentioning pando coin to be compared with the things that already mentioned on his thread.

This is just a marketing trick only. people are getting tricked by that.

[rhomelmabini]

When Bitcoin dominance falls
Isn't it common for altcoins to rise?

Well, I've seen this from the past 2017 bull run and once the bitcoins dominance falls some large market cap coins do tend to move since other investors are looking for other alternative currencies. Furthermore, I think this current decrease in bitcoin dominance doesn't much abide to altcoins to move upside.

The guy could be part of Pando's marketing. He's adding it to the discussion to make it look like that he's unaware of it and only want to ask about it.

He should have let the title plays out here rather inserting some other projects, it's too obvious to tell that he's in promotion state.

[leea-1334]

yes it seems it is true, some defi coins and anything related to or collaborating with it will increase.
so there are many projects that do not have a merged definition or create their own defi, it's like they see that the defi has quite an attractive market domination and don't want to be left behind.
whoever can't adjust to the circumstances will either fall behind or die.

You are not really saying anything that makes sense. Defi coins are not gaining because of collaborating,,, it is simply a display of demand for their use that is making them cost more. A lot of hype and quick profit potential making people excited but once it dies down,,, people will go again for what is proven, hence Bitcoin.

[seramania]

almost altcoins have their ups and downs based on the bitcoin chart. so I think it's natural and will definitely happen until whenever. proven in this season bitcoin has experienced a drastic increase, altcoin has experienced a tremendous increase

[Alanin]

Isnt it when btc pumps/dumps the alts will follow afterwards?

[bitgov]

Isnt it when btc pumps/dumps the alts will follow afterwards?

It depends on how quickly the Bitcoin price changes. If Bitcoin's price is falling fast, altcoin prices are also falling fast. When Bitcoin's price rises very quickly, altcoin prices drop because people transfer their money to BTC. When the panic buy on BTC slows down, prices of altcoins catch up with it.

[carlisle1]

Everything else is falling

Is this serious point ? i don't think so ... There are many coins aside from DEFI and Greyscale supported coins that Pumping.

Where are they all going?

I recently opened a portfolio
Bitcoin, Ethereum, Altcoin, Tezos
Follow the grayscale portfolio

You Made a semi secure investment lol, your folio is safer than mine having these coins.

Please exclude Tron. I hate Justin. I was hit hard by Tron fi

Why Excluded tron ? yeah this has been delisted in some major exchange but ths use of tron cannot be denied that functional and useful specially times  like now.

[bitjoin]

The cryptocurrency market is still an unsolved puzzle today. We will never know when the price starts rising to the moon and when it will fall. Bitcoin experienced a tremendous increase in 2017, and altcoins also went up, after that bitcoin fell slowly and Altcoins was bleeding too. Now in the cryptocurrency market is repeating the story as it happened in 2017. In the conclusion, Altcoin prices always follow the bitcoin price movements.