TheFeralTaint

Cryptocurrency's Calculation Problem

Education
BITFINEX:BTCUSD   Bitcoin
Cryptocurrency’s Calculation Problem: Why Most Investors Are Trading Incorrectly

Cryptofam, we have a problem—one that has gone on far too long. A problem that is arguably responsible for most of the dumping in the alt coin market in the past and as I’m writing this post. It is a problem of perception, and one that exchanges are partly responsible for perpetuating. The problem to which I am referring is the USD values of alt coins and how they are being calculated. This is something I’ve attempted to bring attention to for months now only to be to be completely ignored. Well I am not wrong. This problem is blatantly obvious, and all you have to do to understand it is change the way you perceive an alt coin’s value. Also, you must understand “how” the dollar value of an alt coin is being calculated and how this value is directly dependent on the value of Bitcoin despite any additional fiat or alt coin pairings.


Read More:
https://steemit.com/bitcoin/@ctom/cryptocurrency-s-calculation-problem-why-most-investors-are-trading-incorrectly

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.