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RE: Bitcoin (BTC) Evening Update: Awareness Keeps the Panic Away!!

in #bitcoin • 6 years ago

Love it @haejin! I'm rather new at all this, but began to invest in cryptocurrencies back around March 18th when Bitcoin was at around $7400 USD or so. Now I didn't invest in Bitcoin, instead in Ether and a few others. I've noticed that these cryptos seem to follow a similar wave patter, and when one goes down another seems to follow. Why is this? Do you think that Bitcoin's correction will influence a coin like Ether or EOS to follow?

Thanks ahead of time!

6 years ago in #bitcoin by
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     6 years ago 

    Every crypto is dependent on the price of BTC because they all trade in Bitcoin pairs.....what is it Haejin always says? Bitcoin is the moon that moves the tides of the Ocean that all cryptocurrencies swim in.....are you interested in free coins? Airdrops?

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     6 years ago 

    Oh ok that makes sense. So basically I should always keep an eye on BTC in order to get a fuller picture on where the market may go?

    I'm not sure what you mean by free coin or airdrops. I've invested in Steem, EOS, and Bitshares. At the time they seemed like a good buy and so far so good.

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