Hii crypto folks.
You must be wandering why all the alt coins are dumping hard even the greatest alt ethereum, Bitcoin cash are dumping .
You all must be wandering that bitcoin mother of cryptocurrency is on bull run and why these alts are dying.
So let me tell you its not the first time .Alts always tend to dump whenever bitcoin changes its direction from bearish to bullish or vice versa.
As you can see in chart that whenever bitcoin dominance shoots up alts dominannce decrease . And when Bitcoin dominance come down alts dominance increase rapidly.it been happening since years.So there is no need to worry. Bitcoin dominance increase for certain period of time and then it stabilize itself and that is the time alt coin shoots up more rapidly.
Take this situation positive and go for shopping and fill your bag with cheap alt coins they are on sale right now.There will be time when alts will boom like hell it will show massive growth once Bitcoin stabilize and Bitcoin dominance decreases.
And if you are holding some alt coin and you are in loss then there is no sense to sell it.just hold,it will fly for sure.
What you guys think reason for alt coins dump must comment.