Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Bitcoin (BTC)
The Price Correlation Between Bitcoin and Altcoins
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mika, post: 146955, member: 29399"] In early times, when altcoins were just getting popular, there was an interesting price correlation between bitcoin and altcoin. When bitcoin appreciated altcoin depreciated and when bitcoin depreciated, altcoins appreciated. That happened because you had to use bitcoin to buy altcoins and when you were spending bitcoin to buy altcoin, you were creating less demand for bitcoin but greater demand for altcoin. We all know, the price of crypo currencies is heavily dependent on demand and supply. However, these days there is a different kind of price correlation between bitcoin and altcoins. When bitcoin depreciates a lot of altcoins also depreciate and when bitcoin appreciates a lot of altcoins also appreciate. What does this actually mean for the investors? Well, you may not actually benefit much by investing in various currencies. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Bitcoin (BTC)
The Price Correlation Between Bitcoin and Altcoins
Top