Thread: 
SubscribeBitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
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#1
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
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#2
The poor performance of the Bitcoin will affect the value of Altcoin in many ways.
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#3
It can either have a negative effect on altcoins or it could also make a boom as traders might tend to trade BTC to altcoinsOriginally Posted by AbdulShiek
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#4
The price of bitcoin is falling because there're a lot of people who are tryng to sell their coins. This will effect the altcoins temporarily. But, later on when the price increases, the price fo altcoins will also increase.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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#5
Most altcoins are paired with Bitcoin. So most of the time, altcoins are paralleled to the movement of Bitcoin. Hence, when BTC drop, so as the altcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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