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RE: How I went from 5k to 110k in 5 months trading on Bittrex - WITH PROOF
SBD price will fall as long price of BTC will go up. SBD is sticking to dollar price, which is good thing. If BTC will go trajectory as last 8 years, BSD will be worth less and less BTC, but still it will be worth a dollar. If you want to save some money, trade some portion of SBD to BTC along the time. You will diversify your portfolio of assets.
I truly agree that SBD prices will go down till the btc prices go up. But how is it good for us?
We as traders need to sell our sbd to btc at a price when btc is low and btc to dollars or any other Currency when the btc prices are high. This makes the entire process of conversion of sbd to
It's good for us because it means if by any reason BTC becomes worthless... the SBD won't get affected at all by that and will still worth the same $1 (a bit more or less).
It is good, as it means that more and more money are in crypto/BTC, which makes prices of all other coins go higher (overall).