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RE: Bitcoin Crash Mirrors Alt Coin Crash and How to Trade
All of the altcoins are based on bitcoins price.. so it BTC goes down it takes the rest down with it.
All of the altcoins are based on bitcoins price.. so it BTC goes down it takes the rest down with it.
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.