Truths

Yesterday I committed to explaining in a simple and easy-to-understand way why ALCOINs dance to the rhythm of BITCOIN and I wanted to add other nuggets of information to try to protect you as small investors, so read carefully what is written here and I invited you to corroborate this information. The first thing I will try to explain is the first question that came to mind when I entered the cryptoverse and I am sure that many of you also have it: WHY DOES THE GRAPH 📈 OF ALCOINS GENERALLY FOLLOW THE SAME PATTERN OR COURSE AS THE BITCOIN ONE? Many will have noticed that when entering the BITCOIN graph and then reviewing the graph of their cryptocurrencies it is practically the same, with some exceptions, if the BITCOIN line draws a Z shape your ALCOIN will do so in an identical way, if BITCOIN draws a line in the shape of a W or simply draw a line that seems to want to break the right corner of the screen of your Smartphone or PC, your ALCOIN will do exactly the same, and the fact that your ALCOIN imitates BITCOIN turns many heads and no one has taken the time to explain the reason in a simple way, true and unbiased. What happens is that ALCOINs are controlled by Automated Algorithms and Trading called (bots) which are the ones that generate this synchronization, these bots operate in multiple cryptocurrencies and force them to follow technical patterns, such as supports, resistances. If a bot detects a falling signal in Bitcoin, it immediately executes operations in Altcoins based on that signal, regardless of the real value of its MARKET CAPITALIZATION, it is the way to prevent the market from losing money, we all know the saying that says : "The market never loses", so the value of your cryptocurrency is artificial, it is created from an algorithm that follows BITCOIN and that is sometimes manipulated by external operators to make money for large investors, it is without a doubt something sinister and malevolent but it is the reality that we have to deal with for now.