RE: Reasons I am long on BTC, ETH, EOS + open to new ICOs.

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Reasons I am long on BTC, ETH, EOS + open to new ICOs.

in bitcoin •  7 years ago 

What is the point of investing in coins other than Bitcoin, if they tend to follow the price movement of bitcoin? Im long on XRP and I noticed this a while ago, hope it ends one of these days and each coin starts to follow their own trend, its quite anoying.

bitcoin
7 years ago by

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      ·  7 years ago (edited)

    Because a small move in bitcoin can cause a more significant movement in smaller altcoins, giving you chances to profit off the chaos.

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        ·  7 years ago 

      Well I guess if you are a short term trader of criptos it can be an oportunity.

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