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RE: Big Daddy Bitcoin is Back & Your Alts Might be Hurting Because of It

in #cryptocurrency • 7 years ago

One of the lessons I learned is to always measure alts in terms of BTC, because you have to offload into BTC to get to fiat no matter what (some have ETH pairs too).

So I swapped my portfolio over to satoshis and let's just say today was a bloodbath for the alts in terms of their BTC value.

Luckily I hold BTC... ;)

~ Kevin

7 years ago in #cryptocurrency by
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     7 years ago  

    Still kind of new to crypto and I am feeling the same way. If I refer a crypto based on BTC I get a better view as to which cryptos are benefiting and which are losing. Thanks.

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     7 years ago  

    Yup. This was HUGE for me too. So elementary, but if you don't think about it in the right way...bye bye BTC. :)

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