Post
Topic
Board Altcoin Discussion
Re: Exchanges
by
Hamphser
on 06/04/2018, 14:22:19 UTC
I'm wondering if it's worth exchanging Bitcoin to Monero for security as Bitcoin is quite volatile and monero seems less so. Any advice would be appreciated.

To be quite honest I am sure that BTC is less volatile than Monero. Yes you may watch the short term charts and simply say that, however you must know that BTC will always be more stable since it has more market cap and with that less chance to get played around with. Monero has 45times smaller market cap and that simply means it can be manipulated 45 times easier by large investors. That is exacly why we avoid putting our money into sub 200mil worth coins.
If it is security you are looking for than you shouldnt be in crypto. If you are looking least risky coin it is definetly the one who has biggest market cap - Bitcoin.

BR.
What are your basis?In such regard when it comes to volatility? If we do try to look out 24 hour volume we do know who is on the top which is Bitcoin. If you do only base on a single exchange into shorterm timeframes on its chart then you would really have a wrong presumption towards this matter. Monero is still volatile but bitcoin would always still have the edge when it comes to trading activity.