Post
Topic
Board Economics
Re: Do crypto exchange rates matter?
by
unneros
on 27/12/2017, 15:13:12 UTC
Ok so I have to buy BTC and trade it for XRP in order to obtain some Ripple. Knowing how the forex market works, im wondering if I bought my BTC at 16k instead of 18k, would I be able to afford more XRP compared to buying BTC at 18k? or is it the exchange rate constant?

Thanks for the replies !!
This is not possible because the price of the altcoin will be balanced when the bitcoin increases or decreases so that its value is not lost. If it is not balanced, the crypto market has become chaotic.