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/biz/ - Business & Finance


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14247114 No.14247114 [Reply] [Original]

Can someone objectively explain me why does this behavior always happen?

BTC pumps: shitcoins drop
BTC consolidates or retraces: shitcoins pump
BTC dumps: shitcoins dumps

Whats the strategy , logic and profit behind this? Why do bots play like this?

>> No.14247268

there is no fucking logic in crypto markets you new fucking idiot

>> No.14247288

>>14247114
the logic is buy bitcoin and hold it

>> No.14247342

>>14247114
>BTC pumps: shitcoins drop
people move their money out of alts to try to get swing gains on btc pump.

>BTC consolidates or retraces: shitcoins pump
Gains taken from BTC, move them into shitcoins and hope they pump

>BTC dumps: shitcoins dumps
OMG CRYPTO SHIP IS SINKING, TETHER UP!

>> No.14247392
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14247392

>>14247268

I think you are noob here
There is actually a logic

Everyone knows alts pump after btc pumps.


>>14247114
It’s called manipulation

>> No.14248105

Because bitcoin is the market maker, without btc there is no crypto. None of the other coins have achieved independence from big daddy bitcoin yet.