shouldn't alts rise when BTC drops?

no because it isn't a real drop

>>3474894
No because people pull there money out of alts to sell btc for cash

>>3474894

what makes you say that? what are you basing that off of? nothing? oh great, interesting, we have a real live fucking moron here

>>3474918
he's asking a question, not making a claim

>>3474894
the crypto sphere lives on the speculation that cryptocurrencies will find mass adoption

>>3474894
Because the majority are just trying to get rich quick with no idea that crypto is here to stay. So when one goes down they think it's all going down and sell up to avoid going to 0.

>>3474894
most of the time ALT act just like leveraged Bitcoin.
This means if Bitcoin goes down, Alts drop even more.

>>3474894
A rising tide lifts all boats as they say. This works in reverse too though.

There are so many untapped people in the world in regards to this market. BTC will hit $10k next year, It just fucking will. I was at the café and Fox News was on and those morons were talking about the "super duper sekret dark web money called Bitcoin." And only one even had a rudimentary understanding of blockchain. On top of that, my senior talked about how he had to buy BTC to pay off some virus thing to unlock his son's computer kek. On top of this, BTC is deflationary anyways.