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In general, that is true and that is why investors of capital (dow jones) are migrating massive amounts of $ towards Bitcoin and in general in cryptocurrencies. But, if Bitcoin can not widen its blocks from 4Mb to 8Mb (it has not yet been able to do it and it was expected to do so with Segwit2X) to double its maximum to 42million blocks, then it will also fall and worse than the Dow Jones (for example Etherum is on the lookout and precious metals too).

That's why you spread into alts. If BTC halves in value then I transfer my Steem to BTC and doubled the value of my portfolio.

Again, although it is true, it can not necessarily be true, because falls do not always produce rebounds, sometimes due to a massive psychological effect, the fall continues to a floor of terror, and the subsequent recovery is negligible and lost. I recommend caution and diversity in the investment portfolio.

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