RE: My Answer to "When Should I Buy Bitcoin...?"

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My Answer to "When Should I Buy Bitcoin...?"

in bitcoin •  7 years ago 

People should do some more homework before they start buying crypto's though. If they did, the BTC hype wouldn't drag the altcoins down as much as it does now...

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I don't think the relationship between BTC and Altcoins is clear yet. It's a dynamic thing changing all the time.

Bitcoin goes up, altcoins go up. Bitcoin goes down, altcoins go down. It's not that weird either with BTC being almost half of the market cap. Profits go into altcoins to make a quick profit, then back into BTC. There definitly is a clear relationship here...

It's not that clear. I've seen it do the opposite of what you described as well. I've seen both go up and down together (thanks to things like Tether) and I've seen them move opposite to each other.

comparto tu opinion y añado que la masa son sensibles a las ultimas noticias. E intentan traer lo desconocido a su terreno de manera que le sea mas facil de gestionar , de esto que la gente familiarice BTC con reserva de altcooins