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 ?
In the fist illustration most alts price are determined in relation to bitcoin which means a decrease in the price of bitcoin means their value to bitcoin will increase and vice-versa eg. If 10eth will get say 0.1 btc when the price is 1000USD and the price of bitcoin falls, it means ETH has appreciated as the same 10ETH can now get say 0.2btc.
On the other part, I believe that is the logical thing to do as even we have seen countries move their foreign reserves from one currency to a more stable currency...