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RE: Bitcoin Prices are Falling - Here is what I think

in #bitcoin7 years ago

There is obvious relation of every altcoin to bitcoin because everything is being traded against bitcoin. All of us want to increase our bitcoins so this dump has pushed panic button to sell all we got.

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On Binance, you are also able to trade against LTC, ETH, and BNB, which makes it a little more convenient. I beginning to see altcoins as an investment opportunity like the stock market, where you buy low and sell high. So the concept of holding the coins and hoping to make money by just waiting for low periods could prove to be a waste of time. If played well, $500+ could be made easily in about 30 minutes, especially with BTC's fluctuating price right now. What's awesome about this is you can buy and sell altcoins 24/7.

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