$BTC For beginners in cryptocurrency trading, it is important to understand how to use BTC quotes for trading with other coins. Bitcoin is the base currency of the crypto market, and its dynamics influence the entire market. Start by analyzing the BTC chart: an increase often pulls altcoins along, while a decrease can lead to their collapse. Keep an eye on the altcoin to Bitcoin ratio — this helps to understand when an altcoin looks stronger or weaker. Use pairs with BTC to assess the relative strength of a coin. This will provide more insight into the market and help make informed trading decisions.
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