Post
Topic
Board Trading Discussion
Re: Price of alts when BTC pumps
by
rijaljun
on 27/04/2019, 19:06:31 UTC
Let me try to answer this, there are various decisions when Bitcoin price pumped

  • A sell off their altcoins for BTC, so that they can ride Bitcoin movement to take profit
  • B buy some altcoins with their USDT because these coins are in cheap price when paired to BTC, and end with the increasing demand of altcoins that make USDT pairs in a green color, later when Bitcoin is stable and BTC pairs will start increasing, B can sell their altcoins for BTC and gain Bitcoin more than if B bought BTC directly with USDT or Altcoins

I hope this makes sense  Grin