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Topic: I’ve got a stupid question... - page 2. (Read 780 times)

newbie
Activity: 4
Merit: 0
September 16, 2017, 07:48:21 PM
#1
Ok, I’m new to cryptocurrencies and “markets” in general. I’ve invested in a few different alt coins and have got what may be a really stupid question and hope someone could clear it up for me.

Say you’ve invested $500 in bitcoin at the latest rate, and purchased an altcoin at a price which is very appealing. What happens if (over time obviously) Bitcoin deflates massively but the altcoin value rockets? How could you get what is effectively a handsome profit to a fiat currency without losing?

Thank in advance!
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