Post
Topic
Board Speculation
Re: What if bitcoin crash, could you put your money in another currency to be safe?
by
Driggers95
on 05/07/2018, 11:50:00 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 ?
If the bitcoin collapses, I think investors will certainly be scared and withdraw from the crypto market. Because bitcoin is the soul of the crypto. if the bitcoin collapses, crypto also will die