Most likely as bitcoin goes higher it will pull many of the altcoins up with it. Though, it is possible that bitcoin could also go up while pulling value out of the altcoins, meaning as bitcoin goes up, they go down. Though I think the first scenario is the more likely one in the current environment.
Absolutely. The only question is whether it will be a positive or negative effect.
i was thinking to invest and i am noobie in crypto field with very less knowledge. I see posts regarding bitcoin and try to understand things.
Most likely as bitcoin goes higher it will pull many of the altcoins up with it. Though, it is possible that bitcoin could also go up while pulling value out of the altcoins, meaning as bitcoin goes up, they go down. Though I think the first scenario is the more likely one in the current environment.
Thank you sir. it was a great suggestion from your side.
I hope so