Altcoins don't really move independently—they're tethered to Bitcoin's every twist and turn. When BTC pumps, alts follow. When it crashes, they crash harder. The correlation is strong, and honestly, that's just how the market works. Your alt holdings are basically Bitcoin exposure with extra steps.
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PseudoIntellectual
· 01-09 15:10
So that's how it is... I feel like all my altcoins are just gambling on BTC's mood.
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ContractBugHunter
· 01-08 06:07
That's right, which is why most of my funds are still concentrated in BTC. Altcoins are just amplifiers; they feel great when making money, but when losing, it’s really painful.
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SandwichTrader
· 01-06 16:15
To be honest, that's why I'm mainly holding onto BTC now; altcoins are too competitive.
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CoconutWaterBoy
· 01-06 16:11
That's right, my altcoins have long been tied down by Bitcoin and can't even move.
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SchroedingerGas
· 01-06 16:09
That's right, playing altcoins now is really like leveraged betting on BTC. Wake up, everyone.
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ForkMaster
· 01-06 16:06
That's true, but over the past few years, I've been making a good living through fork arbitrage and bear market mining. The key is choosing the right project and the attitude of the team—most are just leeks, but occasionally you can mine real gold and silver. That's the daily life of raising three kids; you have to find those opportunities that don't follow the trend.
Altcoins don't really move independently—they're tethered to Bitcoin's every twist and turn. When BTC pumps, alts follow. When it crashes, they crash harder. The correlation is strong, and honestly, that's just how the market works. Your alt holdings are basically Bitcoin exposure with extra steps.