Post
Topic
Board Bitcoin Discussion
Re: Small Investors are losing Bitcoin by Investing in Altcoins?
by
princerepon
on 10/05/2020, 23:41:24 UTC
Read this post and its true how small investor are losing bitcoin by investing in other coins.


You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.

Bitcoin demand was always high to investors than altcoin and it will be always. It's a simple fact that when market start going down traders sold their altcoin to increase their btc. The point you made in your topic is really important. Many people don't think details like that but when you start calculating very details you'll find how many btc everyday you are losing because of altcoin trading. But it also true that crypto trading doesn't run in one specific way. You also have to choose several way to survive here.