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Anonymous
Bitcoin and Altcoin Question 2017-08-13 07:42:59 Post No. 3049999
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Bitcoin and Altcoin Question 2017-08-13 07:42:59 Post No. 3049999
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Does it even matter if I keep money in BTC? If I'm buying altcoins, it's going back to BTC anyways, so wouldn't that mean the value increases anyways?
For example, say I buy an altcoin at 2000 sat and it stays at 2000 sat. I decide to sell it for no loss or gain (let's ignore transaction fees for a moment). Wouldn't I end up with more in USD anyways because of the increase in BTC value?
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>>3049999
i always like to have a nice chunk of tbc in my portfolio, its helps keep my bags afloat, im down 40% on sigt but because of the btc rise my total fiat holdings havent changed
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You're assuming that the altcoin won't decrease in value compared to BTC and that is a horrible assumption.
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"You're assuming that the altcoin won't decrease in value compared to BTC and that is a horrible assumption."
I'm not making any assumptions -- this is hypothetical.
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