But most people who buy alcoins have to buy them using BTC, so every time someone decides to deposit more to buy altcoins, BTC will be bought, so the prices are closely tied together.
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But most people who buy alcoins have to buy them using BTC, so every time someone decides to deposit more to buy altcoins, BTC will be bought, so the prices are closely tied together.
but if BTC is falling you may decide to change some of your position to other altcoin
Very true
I would be changing this positions today and tmrw if everything keeps dropping. I believe alt coins will yield great profits when they see and upswing in the near future. Everything ran up hard recently, its just cooling down.but just as huge gains weren’t sustainable, huge drops aren’t sustainable. So we will see some profits gained back shortly