RE: Bitcoin Crash Mirrors Alt Coin Crash and How to Trade

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Bitcoin Crash Mirrors Alt Coin Crash and How to Trade

in trading •  7 years ago 

All of the altcoins are based on bitcoins price.. so it BTC goes down it takes the rest down with it.

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That is true for their dollar value (although some can be purchased for $), but BTC dollar value going down doesn't necessarily mean a coin's BTC value should go down.