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RE: Today I Sold Most Of My Dash And Monero To Invest In BTC, But Kept My Litecoins - Here Is Why….
The reason alt coins go down because people go fullhouse on BTC to get the altcoin for free.
The reason alt coins go down because people go fullhouse on BTC to get the altcoin for free.
I read this too on multiple articles, but I don't really believe it. A huge gain in price was expected when Segwit gets implemented and this is now almost sure. However the price got pushed down because a new hard fork was announced (BCC). During the recent rise in price people realized that this hard fork is not a threat to BTC compare to other possible forks. It could even be positive as described above.