Cryptocurrencies That Follow Bitcoin Price Fluctuations

[Agbalagbaa]

Most of those cryptocurrencies are inversely corolated, you'll noticed that most of them are faliing down, I don't really know much about cryptocurrencies this the little I'll have to say.

 

[Immilash]

Exactly what I have come to observe,one has always found out that whenever the price of Bitcoin expecially goes up,other coin usually follow suit and that has always been the trend in the market.

That's true, that's because most of those cryptocurrencies are inversely corolated, not only that most of those cryptocurrencies moves in respect of the us dollar.

 

[tyrim88]

That's true, that's because most of those cryptocurrencies are inversely corolated, not only that most of those cryptocurrencies moves in respect of the us dollar.

That is just snoit my observation, because Bitcoin has been like the leading coin and all trading reference are always directed towards the performance of that coin in the trading market.

 

[Immilash]

That is just snoit my observation, because Bitcoin has been like the leading coin and all trading reference are always directed towards the performance of that coin in the trading market.

That's true, Bitcoin is the well known cryptocurrency, but what people do like about Bitcoin is it's transaction fee, Bitcoin has a high transaction fee, that's what a lot of people don't like about Bitcoin.

 

[Mighty]

Well I don't know much butI Idon't need to keep these cryptocurrencies in my record as they are not cryptocurrency of choice to me. I only simply observe the trend and make or draw my conclusions. Most cryptocurrency follow the Bitcoin trend a lot

 

[tyrim88]

That's true, Bitcoin is the well known cryptocurrency, but what people do like about Bitcoin is it's transaction fee, Bitcoin has a high transaction fee, that's what a lot of people don't like about Bitcoin.

That is true about Bitcoin,it has huge investors and those trading with it's coin and the capitalisation volume is high,reason why it's network is always congested which often result in high gas fees.

 

[Immilash]

That is true about Bitcoin,it has huge investors and those trading with it's coin and the capitalisation volume is high,reason why it's network is always congested which often result in high gas fees.

A lot of people take invested their money on Bitcoin are losing a lot of money, if you have the knowledge on technical analysis I don't think you'll like to buy when it's about falling.

That is true about Bitcoin,it has huge investors and those trading with it's coin and the capitalisation volume is high,reason why it's network is always congested which often result in high gas fees.

A lot of people take invested their money on Bitcoin are losing a lot of money, if you have the knowledge on technical analysis I don't think you'll like to buy when it's about falling.

 

[tyrim88]

A lot of people take invested their money on Bitcoin are losing a lot of money, if you have the knowledge on technical analysis I don't think you'll like to buy when it's about falling.

A lot of people take invested their money on Bitcoin are losing a lot of money, if you have the knowledge on technical analysis I don't think you'll like to buy when it's about falling.

But one of the things most investors usually look at for is when there is a dip in the price of a coin that they have interest in,they buy and trade or allow to appriciate before selling.

 

[Immilash]

But one of the things most investors usually look at for is when there is a dip in the price of a coin that they have interest in,they buy and trade or allow to appriciate before selling.

That's true, and also one of the helpful tip is that they look for what the Hegde funds are doing, if they are bullish they'll look for opportunity to buy, that's just it.