Why do all the coins show almost the same trend?

in #altcoin6 years ago (edited)

Why is it a bearmarket for all Crypto coins?
I dont get it.

Can somebody explain it to me?

I looked at expert opinieonderzoek TA’s and fundamentals, but it just doesn’t make sense. In all other stocks there isn’t exactly the same trend. The moves are not the same. Not as much as with the crypto coins.

Will it ever change?

Steem should be leading a diffferent live, as it’s different from ethereum, but from a distance it looks the same image
image

Sort:  

I think its a general thing with alternate coins because of fear and again bitcoin fell again from above 4000 dollars to about 3700 dollars recently. So the minor coins will surely suffer it.

Almost everything is sync'd with Bitcoin moves. The only coins that don't fall could be coordinated pump groups designed to do just that.

All exchanges are so closely intertwined with their price action. The same candles show on most exchanges at the same time. Too much manipulation. It'll be like this for a long time. The less you care and the more you zoom out on the charts, you'll find some peace that we're still "hopefully" at the bottom of things overall long-term.

I know. It is still odd isn’t it. The exact timing of everything.