Hi
I have just started trading coins on BINANCE and have maybe a thick question.
Binance trade altcoins into btc and vice versa which has confused me because....
If for example I am trading DASH which is rising in price as BTC falls, is any profit i make on Dash rising balanced out by BTC falling as ultimately it will need to get traded back into BTC?
L
If you have Dash now while BTC falls, the best thing you need to do is hold, then if you notice that Bitcoin is getting back again to increase its price value in the market, I suggest you to sell your dash due to surely that Dash will fall down its price, then when it down the price do the buy back again on Dash.