How do you measure altcoin value? Do you measure it in terms of bitcoin, or in terms of USD? Which is more important to you?
Asking this because, one can have huge profit in terms of USD in alts and at the same time, a huge loss in terms of bitcoin.
So which one is it for you? Especially in trading of course.
Usually,altcoin value is measured in bitcoin and it is priced in bitcoin.
Most people don't really buy altcoins as an investment unlike bitcoin.
They just buy altcoins so that if altcoin price increases,their bitcoin value would increase when it is sold for bitcoin.
For this reason only,many bitcoin holders sell their bitcoins when its value decreases and buy altcoins as its value increases and in turn sell their altcoins when once again,bitcoin value increases.
Hope that its clear now.