Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Zed0X on January 22, 2021, 04:58:18 AM
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When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.
BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together ;D Just accept that and trade accordingly.
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When the price of BTC goes up, the price of some ALTS goes up. Everyone is very happy and happy with the of a huge price increase.
When the price goes down, the price of btc goes down, then the price of some ALTS goes down. Later some investors suffered. However, the trend of investment continues.
Trading with btc and ALTS is very popular. The fear of price increases increases the level of investment. The fear of falling prices helps to reduce the level of investment. Investing on some altcoin will benefit the current. However, there is a risk of investing in other coins.
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Bitcoins were and still are a sought-after asset that will still offer great profit potential.
So it is definitely worth keeping an eye on.
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Bitcoin and altcoins are two couples in cryptocurrencies market but now bitcoin halving continuing but no change in altcoins halving. But some decentralized finance projects also halving.
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The cause-effect links always matter. So you have to study them and apply them to your work and everything will be all right...
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Losses can happen under any circumstances, and it doesn't matter what asset you choose, it can be either speculation or not enough accurate analysis.
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The cause-effect links always matter. So you have to study them and apply them to your work and everything will be all right...
Learning this is a difficult process. Not everyone can learn. To do this, you need to have a lot of experience both in trading and in the crypto industry in general.
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When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.
BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together ;D Just accept that and trade accordingly.
That is the Irony, but I do believe that situation should be able to be separated where all cryptos can move in their own space with little or no influence from Bitcoin but I very much doubt how possible or soon this can be because it seems bitcoin has had that grip on all crypto price movement in the market.
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When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.
BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together ;D Just accept that and trade accordingly.
That is the Irony, but I do believe that situation should be able to be separated where all cryptos can move in their own space with little or no influence from Bitcoin but I very much doubt how possible or soon this can be because it seems bitcoin has had that grip on all crypto price movement in the market.
It will all be difficult to happen because Bitcoin is the king of crypto currency and Bitcoin is the most popular coin in cryptocurrency. Bitcoin price movements greatly affect the rise and fall of all Altcoins prices. If the Bitcoin price starts to go up, only a few Altcoins will go up, most Altcoins will go down. Because many investors invest in Bitcoin. Altcoins meanwhile was abandoned.
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Bitcoin is the leading coin in crypto. Every altcoins follow its trail. In bullish season of bitcoin altcoin traders make most of their profit. It is a party season for altcoin traders. No trader shpuld miss this chance.
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The fact is that many cryptocurrency users have invested in a significant part of altcoin and at the same time did not worry about diversifying their assets, because they blindly believe in the prospects of almost all altcoins. But this is not the case, and many coins are in doubt. Well, if someone wants to take less risk, then you are welcome to invest in Bitcoin or Ethereum.
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When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.
BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together ;D Just accept that and trade accordingly.
They are married, and dance together. Bitcoin up, Alt up...period. Keeps life in the space simpler in some ways
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That is because Bitcoin is the most influential cryptocurrency. TC has the best trust, value, and also cap that can make altcoins following it always. We can see the pattern, Bitcoin up, the altcoin is down, BTC is down, alt is done, BTC is sideway, alt will probably rise up
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Altcoins prices commonly got the impacts of the decline or the increase on Bitcoin price because Bitcoin is the most pairing coin on altcoins. Bitcoin also determines the interest of crypto users in the market, if Bitcoin looks good to buy, then most people prefer to buy Bitcoin. While if Bitcoin price seems a bit sideways, people move to altcoins.
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Hahaha, this is probably more of the influence the big one has on his followers. After all, the altcoins are followers of Bitcoin. Bitcoin still has tremendous power, especially at this time Bitcoin is very valuable and accepted in more and more institutions, countries, and companies. So that we can see that altcoins are trailing Bitcoin's movement.
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No bro not marriage if bitcoin marriage then they pump to gether but I think altcoin is son of bitcoin when bitcoin pump altcoins dump when bitcoin dump alts dump also last 2018 that time altcoins pump with bitcoin altcoins session is coming soon wait for it and hold your coins.
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No bro not marriage if bitcoin marriage then they pump to gether but I think altcoin is son of bitcoin when bitcoin pump altcoins dump when bitcoin dump alts dump also last 2018 that time altcoins pump with bitcoin altcoins session is coming soon wait for it and hold your coins.
Agreed that Bitcoin is the king of Cryptocurrencies and in some cases when Bitcoins pumps Altcoins pumps as well and some time Bitcoin goes it all alone before the Alts catch up and some time some news will make some other coins pump a bit because of a news on them like this tweet on BNB or Binance app making the price to pump a bit outside bitcoins influence.
https://twitter.com/Cointelegraph/status/1370299412837101568?s=20
(https://i.imgur.com/S5Hz503.jpg)
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Bitcoin and alts are not living in a vacuum therefore one can always affect the other and in this case many alts are actually following the lead and direction that BTC is tracking, though there can be some cases when this is not true but most of the time this is the reality we have to -- yes, accept. And there is nothing new here as this has been the case since time immemorial - or I mean since BTC and alts started their existence. And it can because investors with BTC can also be the same investors with alts.
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When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.
BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together ;D Just accept that and trade accordingly.
Cheerup haha. So true, we just need to do our part. and let btc and alts do its job as well.
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Bitcoin is trade by anyone all over the world because its been trusted by hundreds and thousands across the globe. But that isn't applicable for altcoins. They are trade by the whales of the project especially when they are new.
There are instances when bitcoin pump but altcoins will remain in one place which is sometimes annoying.
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When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.
BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together ;D Just accept that and trade accordingly.
That is the Irony, but I do believe that situation should be able to be separated where all cryptos can move in their own space with little or no influence from Bitcoin but I very much doubt how possible or soon this can be because it seems bitcoin has had that grip on all crypto price movement in the market.
It will all be difficult to happen because Bitcoin is the king of crypto currency and Bitcoin is the most popular coin in cryptocurrency. Bitcoin price movements greatly affect the rise and fall of all Altcoins prices. If the Bitcoin price starts to go up, only a few Altcoins will go up, most Altcoins will go down. Because many investors invest in Bitcoin. Altcoins meanwhile was abandoned.
The fact that bitcoin is the king of cryptocurrency is something we invented ourselves. Agree, it is somehow abnormal to have a rigid price centralized dominance of bitcoin in the decentralized cryptocurrency market. Hopefully, over time, the market will mature and free itself from this dominance of Bitcoin.
For example, there is no such dominance in the stock market. There, general processes and events affect the price of shares, however, it is all the same, prices are formed freely depending on supply and demand for specific shares of individual companies. As a result, after a certain time, the same will happen with the formation of prices in the cryptocurrency market.
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The fact that bitcoin is the king of cryptocurrency is something we invented ourselves. Agree, it is somehow abnormal to have a rigid price centralized dominance of bitcoin in the decentralized cryptocurrency market. Hopefully, over time, the market will mature and free itself from this dominance of Bitcoin.
For example, there is no such dominance in the stock market. There, general processes and events affect the price of shares, however, it is all the same, prices are formed freely depending on supply and demand for specific shares of individual companies. As a result, after a certain time, the same will happen with the formation of prices in the cryptocurrency market.
if another cryptocurrency surpasses Bitcoin in capitalization, such as Ethereum, then Ethereum will become the king of the cryptocurrency market. Today, Bitcoin is primarily a pioneer among cryptocurrencies, but at the same time, it is Bitcoin that is most trusted and a large number of large investments indicate the real security of an investment in Bitcoin. If you consider Bitcoin dominance to be centralized, how can someone regulate this process? and also What is Bitcoin Decentralization? If you answer these questions, you will have an overall picture of what is happening.
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I think that ALT/BTC is the most important of all fluctuations, through it we can explain the fluctuation of price of ALT/USD with ease. If we apply existing knowledge and experience to evaluate the ALT/USD chart, we will have a lot of trouble when the ALT price is constantly changing without any rules.
My way is very simple, multiplying the ALT/BTC rate by the BTC/USD rate, we will see the expected prices of ALT/USD :)
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Everybody is looking out for his or her own wallet. Right now bitcoin is coupling with the altcoins because of investor diversification. Grayscale and other Hedge Funds and crypto portfolio managers are developing a taste for Stellar Lumens, Ethereum and other alts
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Bitcoin and altcoins depends on each others. But sometimes we see that when bitcoin price starting to improve then simultaneously some altcoins a also starting to improve but others altcoins decreasing. Ita common Nature of cryptocurrencies market.
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If yes, I don't think that it is a good marriage because BTC is always a superpower and altcoins only become the followers. The dominance of Bitcoin sometimes can kill altcoins. Let's see that altcoin price will be dying and falling when the price of BTC is rising up
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Of course alts mostly go for bitcoin only occasionally deviating in anticipation of events or releases.
It often happens with altos when the cue ball grows, then the alts doesn't grow very much in a pair with bitcoin and this must be taken into account.
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the secret lf this is in the bitcoin dominance on the market,when dominance start rising that means people are buying bitcoin and selling altcoins and vice versa ,so keep an eye on dominance if you want to avoide losses
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Most of the altcoins pairing bitcoin so I'm not surprised if the altcoins will follow the movement of bitcoin whether to go up or down this is just common.. but sometimes if bitcoin went up the altcoins will go down an opposite movement..
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I think its a coupling effect. Investors now trust altcoins as much as they trust bitcoins, and as they pump money into bitcoin, they also do the same for alts like Ethereum, Stellar, Binance coin, Cardano etc
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Everything is the same as before since 2017 when I first got to know cryptocurrency.
I still remember at that time Bitcoin was pumping up fast and all the altcoins were up too fast because many altcoins traded pairs with Bitcoin.
But after the Bitcoin Dump, all the altcoins are also included in the dump and it's hard to avoid.
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Bitcoin move cyclically against other crypto assets, or “altcoins,” as in, alternatives to bitcoin. The notion is that investors take their bitcoin profits and invest in altcoins. In this way give up price of altcoins. So they are inextricably linked.