IF YOUR ALTS ARE LOSING ANY %, THEY ARE LOSING IT RELATIVE TO BTC'S LOWER PRICE! IF YOU LOSE 10% ON YOUR ALT, AND BTC LOSES 40%, YOU LOSE 40%+10% ON TOP OF THAT!
YOU ARE NOT SAFE IN ALTS! YOU JUST DON'T KNOW HOW THE PAIRED PERCENTAGES WORK!
SELL! GET OUT WHILE YOU STILL CAN!
MOVE TO FIAT/TETHER IF YOU WANT TO SAVE YOUR MONEY! REBUY LATER FOR CHEAPER!
tldr: don't take refuge in alts during the crash, move to fiat/tether.
Ethan Harris
...
Jason Foster
weak hands. fuck outta here nigger
Thomas Gomez
But I am looking at my coins value in USD not BTC silly normie
Dylan Howard
The sat value went down for most coins while BTC crashed. Which meant it lost more relative to USD than even BTC did.
Levi Morris
>move to fiat
ahahahahahaha look at this fucking weak handed cuck
Jayden Brown
lmao
Jaxson Foster
fuck me ow do id this on bittrex help plz aaaaaagghh
Robert Turner
Enjoy your bags you delusional BTC ideologue. I'm not saying crypto won't EVENTUALLY recover. But this dip is going to kick your ass. Move to fiat or prepare the wojaks.
Adam Hill
>being this new to crypto
Benjamin Phillips
But I look at USD conversions do you understand. Some of my alts are green vs BTC right now
Nathan Allen
fuuucckk me do i have time eth transfer to fiat exchange?
Joseph Walker
Yes. But unless they are mooning in sats proportionally to how BTC is dropping in USD, then you are losing USD on them.
Thomas Hernandez
Bailed on your first post when shit was still going up and you were getting all the hate. Thanks, user. I have 5 kids to feed.
Blake Green
SALTY NOCOINER ALERT
48% gains today braaaaap
Owen Baker
what fucking crash? I was up more this morning than down but Im still up for the day
Isaac Johnson
Oh no I might lose 1k on alts. I piss that away at the casino in a month and walk out with 0. Meanwhile I'm comfy in a coin that is up 800,000% this year.
Cameron Anderson
If you lose 40% on BTC and 10% on the altcoin, you lose 46% total in fiat, not 50% you illiterate fuck.
Anthony Perez
This is going down further than the other night, Isn't it? It started right after Trump signed the tax bill. It's not all going to zero, is it? I would like for Crypto to survive in some way. even though I was down 20% when i bailed, I still had fun. Damn, I'm glad i bailed, though.
Jace Long
If you holding quality ALTs you have an asset that is in extremly short supply that everyone wants to steal from you. Eoy 2018 this dip will look like chump change
Jason King
that makes no sense whatsoever fucktard
BTC price goes down means sat value goes up (if the alts dont crash too) because you have to pay LESS to buy a bitcoin
get the fuck out with that brainlet logic youre not gonna confuse anyone here
Adrian Morgan
*now. >down 20% fucking how?
Ryder Baker
priced in
Ethan Stewart
It's dead for the US since crypto literally got a sales tax on it. No such thing in the EU
Joshua Jenkins
This, this is the answer anons. Don't get caught up in the here and now.
William Reed
how the fuck does usdt teather work?
John Flores
it's a crypto that is always, $1. it's pretty fucking simple.
Ryan Gomez
It will be priced in after an 80% across the board correction. Your the idiot that was telling me in the other thread to buy at the top before The Crash started.
Luke Johnson
Nah, I broke six figures on a coin I acquired with a zero cost basis, I'd rather stay in my alts and lose unrealized gains than sell them and generate a $50,000 tax liability.
Jonathan Perez
No you're the brainlet dumb fuck.
Sat value is constant. Hence Trading Partners.
When DASH is trading at .10 Sat and BTC crashes, what once was worth 1,500k is now 1,000k despite no price action on DASH itself which almost never the case. Alts always go down in Sats as well.
Really if you are going to trade alts you should know this.
Kevin Davis
Thats just normies with the weakest hands will burn down their whole ship to save whatevers left after spotting a crack in the hull.
Jaxon Miller
Last time the sat value went down on a bunch of coins, but people saw the percentages relative to the BTC pairing. They saw that BTC lost 30%, but their alt "only" lost 15%, so they thought they successfully weathered the crash. So the sat value went down as bitcoin went down, yet since they only saw 15% relative to 30%, they thought they finished better off.