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RE: Reasons I am long on BTC, ETH, EOS + open to new ICOs.
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.
Because a small move in bitcoin can cause a more significant movement in smaller altcoins, giving you chances to profit off the chaos.
Well I guess if you are a short term trader of criptos it can be an oportunity.