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RE: 21 Million (21M/BTC): Time to Take Nibbles!!

in #bitcoin7 years ago

Two good points by haejin here, 1) careful about buying "thinly traded" coins.

But 2) also often forgotten or overlooked is the following...

"...are two ways a /BTC pair can run. First, as BTC rises, the rate of demand for the altcoin must exceed the rate of rise for /BTC. The second is when BTC declines, this would raise just about every /BTC pair."

Beginners would do well to take notes.