SZYBKI START (FAST START). #15 PARY BTC I ALTY. JAK NAUCZYĆ SIĘ CZYTAĆ WYKRESY (DLA POCZĄTKUJĄCYCH) — Transcript

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1. 0:02Hello again. My name is Maciek. This is
2. 0:06a Fast Start series for beginners. How
3. 0:08to start navigating charts. Everything
4. 0:10I say is purely my opinion. Let's get
5. 0:12started. Today we'll talk about the
6. 0:14relationship between Bitcoin and
7. 0:16altcoins and altcoins and Bitcoin.
8. 0:18These questions come up frequently and
9. 0:20are repeated almost daily. I get a lot
10. 0:25of PRW and various comments on my
11. 0:27private Telegram. Um, so I'll show you
12. 0:32how best to explain it with a diagram.
13. 0:37So, look, we have Bitcoin here. Okay,
14. 0:42uh, Bitcoin paired with USD. Okay. And
15. 0:48we have BTC in the altcoin pair. Okay,
16. 0:58so we have these things. If Bitcoin
17. 1:01goes up, the USD altcoins will also go
18. 1:08up. They're more likely to go up
19. 1:12because Bitcoin will simply move up and
20. 1:14drag the entire market in value. These
21. 1:17pairs are automatically paired with BTC
22. 1:20, so their value goes up. However, if
23. 1:24BTC goes up, the altcoins in BTC go
24. 1:27down. So, one more time. Bitcoin goes
25. 1:31up, BTC alts lose. Bitcoin goes up, USD
26. 1:36alts start to rise. Why is this
27. 1:40happening? Because Bitcoin's value is
28. 1:44paired with alcoins, with alcoins. And
29. 1:51now, if Bitcoin goes up, it's
30. 1:53overperforming these altcoins, meaning
31. 1:55it outperforms them, which is why they
32. 1:58can't keep up in this BTC pair and thus
33. 2:00lose. However, when Bitcoin's value in
34. 2:05dollars rises and altcoins are paired
35. 2:08with Bitcoin, their dollar value also
36. 2:10increases, even though they lose BTC,
37. 2:13because they lose BTC slower than, for
38. 2:15example, dollar pairs. This isn't a
39. 2:18rule. It's, say, 60%out of 100. Okay,
40. 2:2260 times out of 100. It's often the
41. 2:25case that when Bitcoin skyrockets, both
42. 2:28altcoins in dollars lose, and they lose
43. 2:31in Bitcoin as well. That's why we often
44. 2:34observe where this capital is invested,
45. 2:36in which altcoins, and then we may
46. 2:41encounter coins that will gain and will
47. 2:43, in a way, overtake Bitcoin, even
48. 2:45though it will continue to grow. So
49. 2:47that's the relationship. So, to
50. 2:50summarize again, we have BTC and we
51. 2:53have altcoins. And when Bitcoin goes up
52. 2:59, altcoin pairs fall, while alts, USD
53. 3:05alts, have a chance to rise, as was the
54. 3:08case with Etherium recently, where
55. 3:11Etherium continued to rise, as Bitcoin
56. 3:13rose. If we add Bitcoin here, look,
57. 3:25look, Bitcoin rises, Etherium rises.
58. 3:29Okay, another chart. Bitcoin rises, and
59. 3:32here we have a Bitcoin pair. Whatever
60. 3:35it is, Single Ardinet falls. Okay,
61. 3:38let's look at another pair. Let's take
62. 3:41a dollar pair, for example, Bitcoin
63. 3:43Cash. It's rising. It's rising. Here
64. 3:46Bitcoin is rising. Here too. Bitcoin SV
65. 3:49. Bitcoin is rising. SV too. Not as
66. 3:51strongly, but it's rising. EOS is
67. 3:53rising. Dash is rising. We've been
68. 3:57watching Etherum. XRP is rising, so
69. 4:02we're constantly observing these pairs.
70. 4:08However, when it comes to Bitcoin and,
71. 4:11let's say, any coin, a bad example was
72. 4:19also something that was pumped. For
73. 4:22example, Bitcoin's icon is rising, but
74. 4:24here, icon is falling. Bitcoin's IOST
75. 4:28is rising, then it's falling. Lent,
76. 4:31Bitcoin is rising. Lent just broke out
77. 4:33at this point, but let's see the
78. 4:35previous moments, the correlation
79. 4:37wasn't that strong. See? So here's the
80. 4:40exception. Link, Bitcoin is rising,
81. 4:44link is falling. You see, Bitcoin is
82. 4:48moving sideways, link is moving up with
83. 4:52it. That's why you have to monitor
84. 4:53these various things. Bitcoin's mana is
85. 4:56rising, mana is falling, or
86. 4:58consolidating. Bitcoin is rising, then
87. 5:01it's falling. You see, that's the
88. 5:03relationship between Bitcoin and
89. 5:05altcoins. M.