How do you measure altcoin value? Do you measure it in terms of bitcoin, or in terms of USD? Which is more important to you?
Asking this because, one can have huge profit in terms of USD in alts and at the same time, a huge loss in terms of bitcoin.
So which one is it for you? Especially in trading of course.
I will choose to get the more into the bitcoin value. Remember the bitcoin volatility gives the more advantage for us. Said a lot of people are losing a lot of money in terms of the bitcoin rather than the dollar itself.
If they are all keeping the bitcoin and they may get the more value into the dollar terms that's way to measure the altcoin price through the bitcoin seems better than a dollar. The dollar was a stable currency and that doesn't give you advantages like bitcoin.