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MrVolcano
Dec 1, 2017 3:05 AM

Dash & BTC inversed Long

Dash / BitcoinBittrex

Description

Dash has been one of the few strong coins since BTC has started to become shaky. I'm avoiding holding Tether at the moment and so will store my funds in to DASH instead.

DASH has had a strong few days and looks bullish vs BTC, so offers a good place to protect funds until BTC bottoms out.

I'm curious what other traders are doing during corrections? Please share your thoughts
Comments
ITradePeople
I'm a noob to all this, but don't you think since btc is the backbone behind all the crypto world when it corrects it will be impossible for any alt to fight against the current?
MrVolcano
Hi @SuperiorBrand, me too! What I have generally noticed is that when BTC goes down, everything goes down. When BTC goes up, everything goes up. But in this case, DASH is quite strong at the moment, so even though BTC has been dropping, Dash has still been pushing higher (also is USD value). That's my theory anyway. Lets see what happens!
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