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Author Topic: Looking for a crypto that won't depend on BTC anymore  (Read 880 times)
freedomgo
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August 15, 2022, 06:41:09 PM
 #101

It is almost impossible to find a cryptocurrency that is not tied to Bitcoin. As long as Bitcoin's dominance rate in the market continues to be at these levels, all cryptocurrencies will continue to be tied to Bitcoin. Having such expectations can cause you to waste time. I think you should look for ways to live in harmony with this conjuncture. Smiley
Bitcoin is simply the blood in the crypto market, and the most prominent crypto coin. From that, seeing it dominated the market as well, then it will be a waste of time and money if you still look for another option to trust and invest. If you want to simply take higher risks, there are lots of altcoins waiting to be picked. But if you want visible huge profits, then just invest in bitcoin because it will surely satisfy your long term goals.

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August 16, 2022, 03:56:25 AM
 #102

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
I think there is no coin that is not dependent on Bitcoin, even though they say the network itself, the blockchain, the mechanism itself, in fact what I see is moving Bitcoin the coin is also moving and vice versa, although at this time I see there are many coins that are opposite but do not guarantee, still fundamentals occur in the development of Bitcoin.

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August 16, 2022, 05:03:57 AM
 #103

Everything in crypto depend on btc, if btc is on bear season most of the altcoins are also suffers bear market, bitcoin influences most of the coin because it is the main pair on trading or investing next to stable coin usdt or busd if btc price fall the value of pairing on trading is affected that is why most of the investors hold thier btc during bear season, if btc value is low the amount of tokens that we can buy is small so better hold.

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August 16, 2022, 11:21:37 AM
 #104

Cryptocurrencies are still such young, immature assets. Bitcoin is the King, probably always will be. Exchanges always have BTC-ALT pairings so it’s going to be a long time until that changes imo.

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August 16, 2022, 01:13:02 PM
 #105

Wow, if it's true, let me know, because what I see is that almost all Altcoin names are related to Bitcoin, I am very interested in this statement, so I want to find out and read some of the posts above, is there really such a thing, unfortunately I didn't find it. .

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August 16, 2022, 02:09:50 PM
 #106

Cryptocurrencies are still such young, immature assets. Bitcoin is the King, probably always will be. Exchanges always have BTC-ALT pairings so it’s going to be a long time until that changes imo.
as benchmark bitcoin will always influence altcoin price , this is like dollar index in forex market. Every altcoin will follow bitcoin price , except for altcoin that have strong fundamental and utility which is released while bitcoin dumped so it be trigger for this coin pumped.

Wow, if it's true, let me know, because what I see is that almost all Altcoin names are related to Bitcoin, I am very interested in this statement, so I want to find out and read some of the posts above, is there really such a thing, unfortunately I didn't find it. .
if we research on market its not 100% work, most altcoin will follow btc price , maybe for altcoin that have special event or announcements could decouple with btc price.


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August 16, 2022, 02:31:09 PM
 #107

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

maybe if there's something that can replace bitcoin in the future when bitcoin becomes obsolete and some crypto replaces it, maybe there was a chance but for now, I think everything still aligns with bitcoin, when the king falls another crypto sector almost also down.

You are comparing two things here, and as far as I am concerned, these two things won't happen in the future. no altcoin is strong enough to replace bitcoin, and bitcoin is still king, it will always dominate the market, the whole market still depends on the movement of bitcoin. Trying to find an altcoin independent of bitcoin is not there.

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August 16, 2022, 03:37:16 PM
 #108

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

maybe if there's something that can replace bitcoin in the future when bitcoin becomes obsolete and some crypto replaces it, maybe there was a chance but for now, I think everything still aligns with bitcoin, when the king falls another crypto sector almost also down.
cryptocurrency should independently stand for its price just like forex or stock market which is no one could be king in market. bitcoin dominance must disappear soon for market health , let altcoin project compete by their self to prove which of them was the best and worth to get best price in market.at this moment altcoin still depend on bitcoin movement , when it dumped most altcoin dumped too and vice versa.

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August 16, 2022, 04:40:02 PM
 #109

You can never separate crypto with bitcoin dude, all of the alts created because of blockchain technology that naturally originate in bitcoin. It will never be happen, Bitcoin is the mother of all cryptos.
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August 16, 2022, 05:05:19 PM
 #110

Bitcoin will always set the trend for the rest of the crypto market as the main indicator. All other cryptocurrencies will follow it, except for short-term manipulation of some coins, but the result will be the same for all. Bitcoin is like the S&P stock market index, showing the health of major companies. Even ETH globally follows bitcoin, so other projects will repeat these movements all the more.
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August 16, 2022, 06:56:33 PM
 #111

That is practically not possible because all other cryptocurrency to a large extent depends on BTC. Matter of fact, it is BTC and others. So there's no way other cryptocurrency can exist on their own without BTC having influence on them.

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August 16, 2022, 08:44:04 PM
 #112

Wow, if it's true, let me know, because what I see is that almost all Altcoin names are related to Bitcoin, I am very interested in this statement, so I want to find out and read some of the posts above, is there really such a thing, unfortunately I didn't find it. .

Why don't you take a trip down to cmc and cg to find out if there is such coin yet in existence yourself? it is not a question if it is true or false, there is none in existence as far as the crypto ecosystem is concerned period. Even this article tries to list 3 projects don't correlate with btc but imo they are still very influence by btc price.

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August 22, 2022, 07:10:34 PM
 #113

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Durant.

For now no.  If bitcoin bulls so does the market and if bitcoin tanks so does everything else.  There is so much riding on the /btc pairings that it can't be decoupled for the most part.

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August 22, 2022, 08:25:49 PM
 #114

In my opinion, the entire cryptocurrency will depend only on bitcoin. Since the Bitcoin coin is the leading coin, it is followed by many different coins. And accordingly, the crypto industry has already come a long way of development, which will change in the near future and new digital technologies will appear. So already new promising coins will be independent.
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August 22, 2022, 10:47:41 PM
 #115

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

As long as the market dominance belongs to Bitcoin, there can be no cryptocurrency that is not dependent on Bitcoin. When the Bitcoin price drops, the whole market follows it. There is no escape from this situation. We need to get used to this situation and get used to positioning accordingly. Instead of fighting Bitcoin, we should adopt living in peace with Bitcoin as a standard of living.

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September 15, 2022, 08:36:16 PM
 #116

No cryptocurrency exists that is independent of bitcoin. All cryptocurrencies are dependent on the price of bitcoin increasing. even top altcoins like ethereum, binance, eos, and others. To date, the price changes of alternative currencies have always followed the upward trend of the Bitcoin.
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September 15, 2022, 09:51:53 PM
 #117

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
You won't have that ever.
Also what fundamentals are we talking about here?

It's just a common thing that Altcoin is moved aroung based around of Bitcoin mostly and it's almost impossible to break the current trend about how the price works even in the future.
If such coin existed, then the coin would have manipulated by single person and it would probably much worse than highly dependent on Bitcoin.

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October 04, 2022, 06:52:55 PM
 #118

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

So far I follow cryptocurrencies so in my opinion there is no altcoin that does not follow the king of all coins, namely bitcoin. except stablecoins. and I'm sure all crypto users and crypto traders have understood this. because the entire crypto market uses Bitcoin as the main pair. and this proves that all altcoins will follow and depend on bitcoin.

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October 04, 2022, 08:11:46 PM
 #119

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

This issue is about dominance ratio. As long as Bitcoin dominance is at these levels, any Bitcoin price change will put psychological pressure on the market. The number of coins and tokens that can get out of this pressure will always be very few. As I recall, Link had accomplished this for a while. Link had created hype with its work on Oracle systems and showed a price performance independent of Bitcoin.

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October 04, 2022, 10:28:36 PM
 #120

The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

So far I follow cryptocurrencies so in my opinion there is no altcoin that does not follow the king of all coins, namely bitcoin. except stablecoins. and I'm sure all crypto users and crypto traders have understood this. because the entire crypto market uses Bitcoin as the main pair. and this proves that all altcoins will follow and depend on bitcoin.

Bitcoin was the first cryptocurrency to be created and entered the market, it is not surprising that until now Bitcoin is still dominating the market.
This ultimately makes Bitcoin affect the movement of all altcoins, as you said except stablecoins which are not affected by Bitcoin movement.
It's not wrong if in the end most people predict when the bull market will come, by looking at Bitcoin's performance. Because if the Bitcoin price is
bullish, it will be followed by the majority of altcoins in the market and will be bullish as well.

So it seems that almost all altcoins follow Bitcoin, even if there are altcoins that don't follow Bitcoin, it is clear that there are whales that manipulate
these altcoins. So it's not a good idea to invest in altcoins manipulated by whales, it will only make us lose our money. I don't think it's a problem
investing in altcoins where the movement follows the Bitcoin price. As long as the altcoins have a good track record and include potential altcoins,
we can still generate large profits by investing in these altcoins.

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