>btc goes up, alts down
>btc goes down, alts still go down
what the fuck? I get it that people dump alts to ride btc up, but why wouldn't alts go up when btc is down? How the fuck am i supposed to get even after holding alts through the crash and expecting a recovery back to pre crash price....Stupidest shit ever.
I'm holding ARK and not experiencing this problem.
Weird.
>>3162140
Same with OMG.
Strange.
>>3162131
Just look at which coins are holding and you'll know what to do
it's simple, people sell alts for BTC during BTC bull runs and sell them for fiat when BTC dips and buy alts when BTC goes sideways
>>3162131
Because bitcoin has historically had the monopoly on market cap and trading pairs, so whenever people took money out of exchanges. the entire market went to shit because the cap fell, so other shitcoins would get bundled with the selling since the futures for everything in the market got fucked.
Now as bitcoin slowly loses cap share to eth and other potential replacements, we will begin to see a change.
In fact you can see it today, bitcoin went down but ripple and monero are trending up, while eth and litecoin are flat, which says that people are starting to think of the alternatives now instead of just selling the whole market.
>>3162254
maybe not litecoin, thats still strongly tied to bitcoin price it looks
>>3162152
Yes, OMG, TenX, and Neo all seem largely unaffected. Interesting.