That's true. Alt gave it a few years and then delisted it, typical of Beta.
Not Altcoin
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$BTC $ETH STILL A STRATEGY TO LONG BTC - ETH TO DUMP ALTCOIN LIQUIDATION LONG ALTCOIN !!!
THE PURPLE LINE IS THE PRICE OF ETH.
EARLIER WHEN BTC INCREASED, ETH AND ALTCOIN ONLY INCREASED BY HALF - WHEN BTC DROPS BY 1, ETH AND ALTCOIN DROP BY 2 OR 3 TIMES.
CURRENTLY, WHEN ETH INCREASES BY 100, 95% OF COINS ONLY INCREASE BY 1/2 OR 1/3 COMPARED TO ETH - BUT WHEN BTC AND ETH DROP, ALTCOIN DROPS TWICE OR THRICE.
THIS STRATEGY KEEPS REPEATING UNTIL ALTCOIN IS COMPLETELY WRECKED, THEN LOOK FOR A REASON TO DELIST.
THEREFORE, LONGING ALTCOIN IS CLEARLY AT A DISADVANTAGE COMPARED TO LONGING BTC OR ETH (INCREASES LESS THAN BTC AND ETH BUT DROPS MORE STRONGLY).
SO IF YOU WANT TO LONG, JUST LONG BTC OR ETH, AND IF YOU WANT TO SHORT, JUST SHORT ALTCOIN, YOU WON'T BE AT A DISADVANTAGE. YOUR JOB IS TO GUESS WHETHER THE MARKET WILL RISE OR FALL: IF YOU GUESS RISE, JUST LONG BTC OR ETH (DON'T LONG ALTCOIN, ALTCOIN EXCHANGES HAVE DATA AND ARE MANIPULATED BLATANTLY). IF YOU GUESS FALL, JUST PULL OUT THE ALTCOINS WITH A STRONG HISTORY OF DROPPING AND SHORT THEM (SHORTING BTC OR ETH DOESN'T DROP MUCH). This explains why you gain little but lose a lot.
USUALLY, WHEN THE CROWD OPENS A LONG POSITION, THEY WILL LONG ALTCOIN, BUT WHEN IT'S TIME TO ENTER A SHORT POSITION, THEY OFTEN SHORT THE TOP 2 STRONG ONES BTC AND ETH => THIS IS WHERE THE MONEY IS LOST!
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