Post
Topic
Board Speculation
Re: What if bitcoin crash, could you put your money in another currency to be safe?
by
bawga
on 08/03/2017, 08:50:41 UTC
For example, if bitcoin is going to crash and I exchanged it into $1200 Ethereum lets say. And it goes down to $800 USD, will the Ethereum value go down?

Could you exchange your bitcoin into another currency to be protected from a crash?
I think Coins like Doge, LTC , USDCOIN all of these are 99.9% stable always in the same price, 0.01% prob that you are very very very unlucky and it drop when you buy but I don't think it will happen.

What do you think ?

People still doesn't realized bitcoin is high risk, can crash everytime. Yesterday it crash 1282 to 1000. and not also good for investment. How much ROI can you get from it? 2x 3x? Too dificult. While other altcoins can made profit easy and also good for long term.