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RE: Tenx (PAY/USD) Target $6.93 (243% Profit Potential); PAY/BTC 0.0015 BTC (5.25x Profit Potential)
Hey Haejin, I have a question thats been bothering me a while. How come you look at the usd chart and btc chart and say there is for example 2x profit on usd and 15x profit on btc charts? I mean I understand they are different markets but all in all shouldn't the profits on either be the same in the end? Can you explain?
Not sure if I articulated that well enough. I understand that if btc price goes up alts/btc prices adjust because btc is the dependent factor. But in terms of gains I feel they should be the same whether you buy an alt in btc or usd.
I've wondered the same thing @wil1523. I think it might have to do with bitcoin falling while altcoins rise, but the scale of it all still doesn't quite make sense to me.