Most of these people here have no idea how to trade and it really frightens me. Most of these coins are on a BTC:altcoin parity, not a USD:altcoin parity. If your USD goes up but your BTC goes down, you are underperforming and you should be holding BTC instead of alts.
BITCOIN CORRECTION OVER
Juan Phillips
Logan Howard
While you are 100% correct, do you not comprehend what has happened in the past few days regarding BTC marketshare value and Ripple/altcoin surges?
This is something never before seen.
Just look at the fucking graph. BTC market dominance has never been this low.
Granted I do believe that BTC has a surge or two left in it but can you not look at this graph?
Grayson Ross
I do, and I've been fortunate to make a lot of money (and a lot of Bitcoin). I understand completely what's happening. But until we decouple trading alts from Bitcoin entirely, 99% of alt gains and losses will be measured in Bitcoin, and that is what you need to be trading on.
Thomas Kelly
do you realize that on Binance I can buy anything with ETH and BNB? Haven't touched my BTC in months
Nathan Scott
Yes, and Bitcoin is still the best coin to trade with because of its volume.