What makes you say this? Correlation between assets is a natural objective fact, not just in crypto but in all assets - all things are related at some level.
If you want to make money when BTC decreases then there are assets that are less correlated, even negatively correlated (like the topic of this post - silver is unlikely to move significantly in response to BTC price drop).
Okay. That makes sense. However, I was hoping that every drop in BTC wouldn't adversely affect other cryptos. Now, my pending payouts keep plummeting towards zero, which is bad.
What makes you say this? Correlation between assets is a natural objective fact, not just in crypto but in all assets - all things are related at some level.
If you want to make money when BTC decreases then there are assets that are less correlated, even negatively correlated (like the topic of this post - silver is unlikely to move significantly in response to BTC price drop).
Hope that helps.
Okay. That makes sense. However, I was hoping that every drop in BTC wouldn't adversely affect other cryptos. Now, my pending payouts keep plummeting towards zero, which is bad.
true - but when price decreases and you hold bitUSD and SBD then you can get even more steem/btc for your value
Yeah that's true. I keep saving up for the better days to come.