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Is it better to invest in Alts or BTC?

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Is it better to invest in Alts or BTC?

When BTC and alts go up you generally are better off being in alts (because they tend to outpace BTC’s gains). When Bitcoin goes down quickly (for example after a highly anticipated fork), it will likely: Depress alts as money flows into fiat. This is the worst thing that can happen in crypto for bulls.

Is there any alt that has stronger outlook than bitcoin?

There’s an alt that you believe has stronger outlook than Bitcoin or the entire crypto space. If you are right the alt will gain against BTC and the entire crypto space in the foreseeable future. This could depend on the Money Flow Cycle as in certain periods alts tend to run more than BTC.

How do you deal with ALTs in a bitcoin market?

Suppress or depress alts as money flows into Bitcoin (alts might hold their dollar value, but they will tend to lose BTC value); Or, take alts along for the ride (generally true when a new wave of adoption is occurring).

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Do ALTs move in the direction of BTC or USDT?

If you are trading alts in BTC their value moves only in direction of BTC. If you are trading alts in USDT their value moves in direction to BTC, plus BTC’s move is added to the price. To demonstrate let’s say we’re trading LINK and the whole market just went down:

Why is it so hard to trade altcoins with Bitcoin?

Vice versa, when dominance is going up, altcoins (typically majors) are losing value relative to bitcoin value. This is where it gets tricky trading altcoins or being a hodler in general. Sometiems, you can gain BTC value but lose USD value if Bitcoin falls faster than your altcoin gains value relative to bitcoin .

What happens when you buy an altcoin and keep the dominance?

If you buy an altcoin and the dominance level stays the same, meaning the Bitcoin value relative to the altcoin stays the same, then you will ‘maintain’ your bitcoin value and lose USD value for the trade. Some people ONLY care about ‘stacking sats’ no matter what the price of Bitcoin is at.

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What is a bounce in BTC?

TIP: Any time alts drop they may get a bounce. A bounce is a nice little 5\% – 10\% or so move up in a downtrend. These can occur when BTC goes up, drops a bit, and then goes up again.

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