Why Altcoins Turn Green as BTC is Red ! ?

[Serbberq 724]

All cryptocurrency price depends in demands and supply for the price to rise or dumps. Bitcoin price can affect other altcoin in the market, but it dosent control their price entirely. 

[annayks 2314]

The way this question asked we can't answer anything. Usually this doesn't happen but the opposite. So without having the data to examine it is not possible to know. I remember not a single time Bitcoin dropping like having a dip and altcoins rising.

[Brushless4500KV 4214]

On 2/7/2020 at 4:09 PM, Maximumheight said:

Most time the btc and altcoin market works in a different direction, this is because when people are selling Bitcoin which is the parent currency, they are buying into altcoin. So that means when Bitcoin is looking bearish, altcoin is will be looking bullish. But this doesn't work most of the time

This doesn't happen most of the time, it only happens occasionally. Regularly, bitcoin and altcoins follow the same path. They are both either green or red. When the direction or the colors are contradictory, it means that traders have been attracted to some coins more than others or they have read something that caused them to pull their investments out from bitcoin to invest in altcoins. But these are rare cases. Bitcoin is the most inspiring coin on the market and it has the power to increase or decrease the moods of traders.

[skynguyen 54]

Bitcoin has a value so it must also vary with the law of money. I wouldn't like something just increased.

[KHALED ADWANI 1216]

After Bitcoin reaches the top, some other currencies begin to catch up with it. This makes some traders transfer their money from Bitcoin to alternative currencies because they have made good profits in Bitcoin and they want to make profits also in the initial currencies.

[Alimhana930 1605]

This matter, in my experience, is due to the transfer of market liquidity acquisition from Bitcoin to other currencies Then Bitcoin begins to move either casually or to decline gradually and lightly.

[Alex9876r 1408]

It may be moving in a transverse movement and descending slightly over a height It has no high liquidity and it is present in currencies and thus it rises while it remains at its level approximately.

[Syedbesharat 5423]

On 6/5/2020 at 9:00 PM, Omar Ommeish said:

My friend, all currencies depend on supply and demand, the more supply, the lower the price of the mark, and the less supply, the more the price of the currency.

When BTC goes down Alt coins turn into green because BTC is converted into altcoins which could be ETH, XRP, TRX, XLM, BNB. Their for the altcoins turn into green and the wave doesn't stop to one coin it goes to other coins as well From BTC to TRX and then into USDT and then goes back to ETH. So the constantly flow of amount in Altcoins hive them high price. This is the reason why Altcoins have green sign when BTC goes to red sign. 

[godislovefll 1880]

On 10/16/2019 at 12:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

It all depends on the demand and the supply, but of course all these work together with the BTC so if BTC rises the altcoins do not rise but either maintain their price or lower their price a bit therefore when BTC falls they can look for better positions and they raise their price.

[Quickbee 26]

Green means positive or increase while red means negative or decreasing. So when a coin turns green it means there is buyers interest and the price is increasing. The opposite is true for red. The colour change in altcoins has nothing to do with the colour of Btc.

[yulitzacalvete 1366]

On 10/16/2019 at 12:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

This happens because most of them depend on BTC, since it is the common pair most used for the exchange and this is something that cannot be easily determined, so if BTC goes down, the ALTS goes down.

[susan8929 811]

Sometimes altcoins tend to increase in price when Bitcoin is falling because the btc dominance also decreases. That means that money coming out of btc goes into cryptocurrencies, and therefore cryptocurrencies increase in price.
Anyway, I think it's just a matter of studying and analyzing the market to determine when the altcoins will go up. For example, some are going up these days because the dominance has started to fall after reaching a fairly high point.

[online123 992]

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

Why Altcoins Turn Green as BTC is Red ! ?

There are many cryptocurrencies that are related to Bitcoin.If the price of Bitcoin goes up, then the price of other cryptocurrencies goes down. But some cryptocurrencies go up as Bitcoin goes up.When the price of Altcoins goes up, the price of Bitcoin goes down.It is mainly for demand and supply.

Edited January 5, 2021 by online123

[RoyalHouse01 9]

the btc goes red because the demand of it is down and the altcoins are in the green because there is more demand of them and that is why the rate is increasing of them.

[zeshan1122 654]

there is nothing to do with the market of the bitcoin with the market of the altcoin both  work differently and the price is different too and it will go in the market without each other.

[jappy 1129]

These are anchored to the btc in order to keep them at their price if the btc rises they maintain their price or in any case they actually go down if the btc falls they increase a bit is a kind of anchor.

[MoralStories 1127]

I think when the market for Bitcoin is in red so people sell their coins to buy the Bitcoin and that is how the other coins go up and up while Bitcoin go down and down

[khan22 3478]

On 10/16/2019 at 9:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

Altcoins are going to be high and the Bitcoin just comes down a little bit and it go high again in the crypto market becasue in the crypto market so many peoples will invest almost the ALT coins becasue that coin give us good profit than the BTC and its true.

[abohasnn9 2401]

Dear friend, the central blockchain organization of cryptocurrencies is that Bitcoin is the father of all the second currencies, and the remaining cryptocurrencies are formation currencies, despite the rise of Bitcoin, this does not affect the rise of the rest of the currencies because each currency is independent in terms of trading its price according to its circulation despite its close association with the currency of Bitcoin Thank you  to you

[abdullah553 1981]

On 10/16/2019 at 7:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

I could not understand the question well. Perhaps you mean why does the color of the currencies turn from green to red? The matter is linked to a rise in prices or a drop, so a rise in the green color

[Jack764 1841]

The demand greatly increases cryptocurrencies, especially Bitcoin, due to the great advantages it has achieved, the most important of which is the high price and acceptance of payment with it in most sites.

[DC71 169]

Bitcoin is one of the most important cryptocurrency in crypto market. The price of bitcoin always create impact on other altcoin price. So, if you invest your money in altcoin and bitcoin then you must understand market condition and you have knowledge how market react if bitcoin price up and down

[teebasas 3018]

Bitcoin and ALTs, in my experience with crypto, are on the opposite end of the spectrum. If one's price rises, another's price falls. When the price of bitcoin stabilizes, we see a surge in ALTs.

[Dadouasaad123 902]

In fact, in general, when Bitcoin moves, the rest of the cryptocurrencies move, but it is not related to how much Altcoins change, and I think Bitcoin turns red and Altcoins green is that members convert Bitcoins into Altcoins, so the value of Bitcoin decreases and the value of Bitcoin rises. Altcoins, according to the law of supply and demand.

[Pereira 2303]

Not all of them turn green when bitcoin is red, but we have to realize that this is a great opportunity to invest when bitcoin has fallen, and this is because some altcoins are not coming from the bitcoin network they are coming from. others and when the fall of bitcoin begins, everyone withdraws investments from bitcoin and invests in altcoins causing a growth of these.