Market correction, is this the time for Altcoin

[masudginanjar]

Altcoins are altcoins and they can only be owned and traded by several factors that cannot be desired.
Altcoins trading is very full of mysteries and cannot be said easily, even I also do not understand the movements of altcoins are always different from Bitcoin (for now).

[Pegasus]

Theoretically, the time for altcoins is when bitcoin moves sideways. But in the last few days, bitcoin's movement was fast and unpredictable. My strategy is to buy when bitcoin moves down, and DCA if bitcoin moves lower. I believe bitcoin will pump higher and eventually I'll get profit.

[Stuart]

It could, but the price of altcoins in the market follows the trend of bitcoin, which means the uptrend/downtrend of bitcoin moves the market. The price has bounced back up, and this time, might be for new heights. I hope same should be with all altcoins.

[Confero]

Theoretically, the time for altcoins is when bitcoin moves sideways. But in the last few days, bitcoin's movement was fast and unpredictable. My strategy is to buy when bitcoin moves down, and DCA if bitcoin moves lower. I believe bitcoin will pump higher and eventually I'll get profit.

Just like you, I also prefer to buy Bitcoin when the price moves down, because there maybe I can get a cheap purchase price, If the price of bitcoin is moving up and I don't have it I will think about buying it, fearing the price will drop after  I bought it.  The question is whether it's time for Altcoin to rise after the price of Bitcoin has undergone a correction, I think that's difficult to predict.  Because sometimes the price of Altcoin also rises when the price of Bitcoin rises.

[Claus]

Yes. This is the right time for altcoin purchase especially this time where the prices are down and market is low. You can hold these coins after buying until market recovers.

[Cryptoz]

BTC has experienced a deep market correction where it turns into a lower price. And now, it is more stable. I think that this is the right time for several promising altcoins to increase their price again and be up more than usual.

[Altcolets1208]

After an unprecedented bull run for over two weeks, there was a sharp correction yesterday since bitcoin drop to 11k and still dropping. altcoins were not left out. the market looks reddish in color.
some professional said that the correction in bitcoin can see the raise of altcoins.  could this be the moment?

I think alts can take a step and start the bull run when bitcoin stable and move side way, else we will still see alts in bad condition.

There are small reaction with pump with the alts everytime their  is a correction with bitcoin or making in stable but going through, it pump shortly. Still depends of bitcoin performance all the way.

[Bobcrypto]

After an unprecedented bull run for over two weeks, there was a sharp correction yesterday since bitcoin drop to 11k and still dropping. altcoins were not left out. the market looks reddish in color.
some professional said that the correction in bitcoin can see the raise of altcoins.  could this be the moment?

Yeah, most of these professional or expert predictions has not yielded much positive result, hence many of these price prediction or correction keeping resurfacing. I think that correction of prices may be  like individual ideas, and altcoins may start it's bull run at the appropriate time, though not all altcoins will experience a bull market.

[arnishad]

It looks to Pine Tree State that Bitcoin and altcoins are terribly connected. and also the proven fact that Bitcoin is growing in value, this implies that altcoins also will grow in their value. however a bit later, as for me.  since the increase of Bitcoin, altcoins have grownup too

[zgrdyg]

Bitcoin hold its position at 11000 usd levels and price started to increase from that point. Now bitcoin is around 11600 11700 usd levels. Altcoin are following bitcoin too, i think we can say that last weeks moves are market corrections. Bull run is coming and coming strong imo.if we can see fomo effect in cryptocurrencies like we have seen in 2017, we will crush the ath values in every coin imo.

[Niteroy]

Altcoins are strongly dependent on the price of Bitcoin, so during the correction of the price of Bitcoin, the prices of altcoins also fall and more often it falls more than the price of Bitcoin. Therefore, I doubt that the price of altcoins will rise if the price of Bitcoin drops a bit, all the more it is necessary to take into account that the dominance of Bitcoin has greatly increased and continues to grow.

[maro101]

Such an outcome of events during Bitcoin correction is quite possible and you need to be prepared for this. I have already bought some altcoins and are waiting for their growth in the near future.

[tervel]

As Bitcoin dominance in the crypto market grows, altcoin rally  tightly tied to the price movements of BTC, some industry players estimate. Although there are disagreements as to what that tie really looks like, some argue that it is only a matter of time before whales move into altcoins, increasing demand for them, which in turn increases the price.

[Prime]

Well yeah,  now many people said that this is the time for Bitcoin market correction.  However in fact,  it also influences the price of altcoins that are following to down.  However I'm sure that this is market correction and we can wait the market grows better,  in some days later probably.  Just be patient and never panic.

[sturec22]

To find out if the alt season will be with us bitcoin will show us the way. If bitcoin starts consolidating around these prices for at least a couple of days, yeah altcoins will have the party but if btc dumps they all will go down