RE: Why Bitcoin's Price Continues to Fall

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Why Bitcoin's Price Continues to Fall

in bitcoin •  6 years ago 

For many altcoins there is a strong relationship between their price in BTC and price of BTC in USD. Scatter plots of such relationships shows that some altcoins (ADA, BTG, BCH/BCH, NEO, STEEM) have higher growth potential then others (ETH, TRX, XRP, XMR). As bitcoin is near this year’s low I have bought altcoins which I consider to have a high growth potential in relation to bitcoin. Any thought on this trade?

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