Ok, Gen Z bros listen up: If BTC “smiles” a little bit, Altcoins will “lose their mood” without stopping, but BTC just needs to “sneeze” and Altcoins will “fall flat on their faces” immediately! Don’t see it red and think “it’s a chance to hunt for discounted goods”, read on to understand why Altcoins often “betray” their owners!
1. BTC Is The “Big Brother”, Altcoin Is The “Unfavored Younger Brother”
BTC is the darling of the entire market, everyone prioritizes it when it increases. As for Altcoin, they are mercilessly neglected, and the price drop is also natural. So, next time you see BTC going up but Altcoins going down, don't be too surprised.
2. Crowd Effect: When BTC Increases, People Rush to Buy, When BTC Decreases, People Rush to Dump Altcoins
BTC is considered a “safe haven” in the crypto world. When BTC increases, everyone rushes to hold BTC, leaving Altcoins as inventory. When BTC decreases slightly, Altcoins “collapse” immediately because people are afraid that they will fall further.
3. Altcoins Are “FOMOing”? BTC Just Sneezes and Altcoins Fall Flat
Honestly speaking, Altcoin is more volatile because it is not as stable as BTC. BTC just needs to “sneeze” slightly and Altcoin will “faint” in price, falling to the point of “disappearing”. Weak coins often fall deeply whenever BTC has a little fluctuation.
4. Altcoins Are “Newcomers”, Low Liquidity, Easily Manipulated
Altcoins are not as easy to buy and sell as BTC, low liquidity, so just a small sale will cause them to plummet. Not to mention, small coins are easily suppressed and inflated by "sharks", so if the chart looks like it's going down quickly, stay calm.
5. The Big Guys Play BTC Mainly, Altcoins Are Just "Fun" For Speculators
Large funds and institutional investors mostly only hold BTC for the long term, but Altcoins are just for a quick glance. Every time there is a change, they sell Altcoins first to reduce risks. Those who are weak-hearted and try to hold on will have to follow the wave, so Altcoin prices keep falling.
Final Verdict For Gen Z
Altcoin is not for the faint of heart. Don’t jump in when the price is red because of FOMO. Remember, Altcoin is just for fun, not as safe as BTC. If you can handle the ups and downs, then go for it. Otherwise, just play BTC, to be safe!
