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/biz/ - Business & Finance


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4667122 No.4667122 [Reply] [Original]

>bitcoin dips
>shitcoins dip with it
>bitcoin recovers
>shitcoins stay in place

>> No.4667164

Annoying isn't it?

>> No.4667250

>>4667122
Yeah. When BTC dips everyone pulls their money out of the market, including alts. When it rallies, everyone dumps their alts to ride the lightning. The only time alts get to flourish is when BTC is going sideways. Then traders get bored and start playing with shitcoins to pass the time.

The big alt + btc boom of the past week or two was a huge anomaly.

>> No.4667767

ETH seems to be making an attempt at a bounce back now.