Why Altcoins Turn Green as BTC is Red ! ?

[sayyedraza 144]

Why Altcoins Turn Green as BTC is Red ! ?

[williamz902 696]

Demand and supply. There is obviously more trading going on in some altcoins than there is in BTC. The price of BTC only affects other altcoins mildly. Most of the other coins keep their value even when BTC is loosing value.

[Nicecrypto 543]

14 hours ago, phabulu said:

Not all the this happens, there is a lot of factors that can influence the altcoins price, like some news, the dogecoin price had grown up a lot when the Elon Musk says that him was the CEO of dogecoin, even with the BTC price going down the DOGE price was green, New can be one factor of a lot of possibilities out there.

Agreed, news is a strong factor that affects the movement of crypto prices, we have seen a couple of more senarios where the owner of a project makes an announcement and the price jumps so it is really key to follow the news too. 

[TimopheyKa 3900]

Experts suggest that institutional investors artificially underestimated the rate of the main digital coin to reduce tax payments for 2019.
Also, this could contribute to the fall in liquidity in the cryptocurrency market

[Lubruselu 2803]

The bitcoin to fall at one seconds that's doesn't mean it will affect altcoins in the same srconds. But if it dump massively it affet all altcoins.

[Gusion 321]

And it is a factor that when the bull occurs, then so does the altcoins. It follows the market. Maybe at that time, it is their way to consider the potential of some altcoins, just like how btc became successful.

[miskyming 1588]

maybe they convert bitcoin into altcoins that is why bitcoin turn red and the altcoins will turn green, but this is rarely to happen because we have seen many times when bitcoin is turn red and the altcoins will turn red as well.

[Afrizal rahman 2636]

Sometimes BTC also often becomes green. the color is somewhat changeable, the red color also often approaches. it is all because of the market movements and sales of whom the most.

[rekter 8129]

I am guessing that you have never experienced altseason before, because this is what happens in it. You can make a lot of more btc with alts, so don't look at the usd price but the btc price.

[Naga 1250]

On 10/16/2019 at 6:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

Because when bitcoin is red that meana its losing dominance of the market and that means Investors will take their money to crypto instead of just being in bitcoin and thw more crypto is being bought the more it goes to green.

[yifnt 666]

Not always so, now bitcoin rising or falling altcoin remains red and bad. What is needed for altcoin is the stability of bitcoin to keep it green and create a good market for trading

[I-KUN 422]

On 10/16/2019 at 11:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

no, it just happens in the past. nowadays if bitcoin turn red, most of altcoins will follow bitcoin too. they become red. most of traders and investors are panic and sold their assets become stable coin or fiat.

Edited December 3, 2019 by I-KUN

[CryptoBoy20 170]

Maybe user of altcoin is increasing because bitcoin bitcoin halving is coming in the time of halving altcoin holder will able to make profit also. That's why altcoin turn green.

[CryptoMax 299]

This is not entirely true. Altcoins are not able to grow if bitcoin falls. This relationship changes over time, but it is still very strong.

[Sumayya 493]

The market move in sideway, if Bitcoin goes up the altcoins goes down, if Bitcoin goes down the altcoins goes down, if Bitcoin consolidating, the altcoins move up

[duncun007 3577]

On 12/3/2019 at 9:01 AM, Wish107.5 said:

This is because people transferring their money in altcoins , so bitcoin turn red.  And when you see bitcoin is green don't surprise if altcoins are red

the only reply that make sense on here and yes this is exactly what happens because when bitcoin is falling it starts losing dominance over the market and altcoins start gaining this dominance and the money move from bitcoin to buying alts.

[Hatred 1388]

On 11/28/2019 at 4:54 PM, Amit01229 said:

Because already in lowest bottom now and if down more then Altscoin coin will 0 dead so this time for and if anyone think for buy that good entry time and already Bitcoin Dominance cross 60% and I think it good for market when it's still on 40% and many token down more then 80% so this time for buy

I agree, if bitcoin will suddenly fall, all of them will also going to be extinct. So they always come up to make a difference in means that they will do anything to make their value go high again.

[SyntaxEr. 709]

On 10/17/2019 at 12:22 AM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

It is very simple because investors and holders are converting their bitcoin to altcoins so that they wont suffer a big loss to the price decrease of bitcoin.

[nykas 2812]

There are a lot of reason of this situation. First of all people sell their bitcoins because price of main crypto is falling and buy another assets which are alts, so their price is rising 

[CryptoMaxim 3829]

This may be so but the price of altcoins has not risen much. I still believe if the price of bitcoin will rise for example to 30000-35000$, the price of altcoins will rise significantly too.

[bliznec 22267]

Bitcoin's green candles indicate that the price is rising. When the red candles at BTC burn, the altcoins turn green. This is a regularity and you can’t get away from it. 

[Fadzinator 285]

As price of bitcoin goes down, people are turning their funds to altcoins. this makes their money will not sleep, 
So when people are buying alts when bitcoin goes down. hen alts goes up.
but not at all time this is the case, there are also cases that instead of people going to alts they're going fiat,
this results to whole market as red. usually only shitcoins goes green during this time. and shitcoins are skyrocketing to x1000%

[Akbor 1042]

I am not sure about that but I think when the btc price go down then the price of altcoin increase in btc value to make the price stable of that coin.

[thiscomm 306]

I think this proves a question that is in our hearts. whether bitcoin will be defeated by altc. This is proof, evidence that shows the use of altc more than bitcoin by looking at the list of transactions that are running. red for bitcoin and green for altc.

[Benjamin 84]

As of now, this two coins are now being dumped because the price of bitcoin as of now is on $6500, some of the altcoins are now dumped to because they are just deoending only to the price of bitcoin if it will be going down or high.