BITCOIN PRICE DROPPING! SOLUTION: BUY ALTCOINS?
I have decided to show 3 latest graphs in this post for you to decide yourself.
BTCUSDT: This shows the statistical representation of Bitcoin against Tether.
1USDT = Approx. 1USD
BTCETH: This shows the statistical representation of Ethereum against Bitcoin. The basket of different ICOs
BTCSC: This shows the statistical representation of Siacoin against Bitcoin. A lot of traders earlier had hope on Siacoin, we can all see where it is now.
My decision: From the two altcoins and one tether graphs. It can be deduced that in cases like this converting to altcoins doesn't seem to be a wise idea while coverting btc to tether seems to be the best option because bitcoin is a measure of all other Cryptocurrencies therefore a drastic fall in price of bitcoin results in same of altcoins.
The decision of the writer is to covert to USDT and rest.
#Disclaimer: The above analysis is for educational purposes only. You have a right to your own decision.
It wouldn't be bad to drop your thoughts of the current Cryptocurrency market situation and suggested solution in the comment box.
amazing information ,.about cryptocurrency
upvoted
Thanks for reading 👍
Well said.
Thanks for stopping by 👍
Mostly into alt~
meep