hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?
Yesterday the alts were all down because most of the holders are selling their alts for bitcoin. But take a look at the market again today, most of them are again following bitcoin's lead.
because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss?
It's a huge loss for someone who mostly have alts on his portfolio and never had time to pile and stack up bitcoin on his collection.
or it is profitable for those using ALT / USD
Just sell alt for bitcoin.