One Thing You Should Know When Trading Altcoins Against BTC or ETH

2 minute read

When trading an altcoin against BTC or ETH, remember that looking at charts’ face-values is not going to depict the entire picture, unless you apply certain normalization. The problem is that both parties involved are highly speculative. Unlike fiat currencies, which express high volatility under extreme circumstances (say, a war, or a financial crisis), their crypto siblings move double digits in a single day. This is caused by the fact that the cryptocurrency market is, for the most part, still a zero-...