Post
Topic
Board Bitcoin Discussion
Re: Please read! Do not get overlook on the crypto market price!
by
royalparade01
on 27/08/2018, 10:11:02 UTC
The problem is, some investment companies are buying & selling coins in a portfolio on behalf of investors and they balance the portfolio according to, say the 10 coins with the highest market capitalization for instance. If this change dramatically, then Bitcoin might drop in market capitalization and when the balancing of the portfolio are done, then these investors will end up with less bitcoins.  Roll Eyes

Price is important, depending on how you invest in Bitcoin and how your portfolio management is done.  Roll Eyes


That's the point for an investors the value of crypto that we're  holding is still not change after market price movements. It is not the market price that one should overlook instead it is the number of crypto that we hold. Should it raise the crypto and should not follow all the time of the equivalent of their crypto holding to fiat money.