NEO - GAS correlation, which one to buy for the long term?
As seen on both charts the correlation between NEO/BTC and GAS/BTC is significant. GAS tends to follow NEO movement but with amplified percentage change both on the upside and downside. It looks like we have established a bottom with very low volatility and stable price action. A typical pattern which we see in BTC as well right now when speculators are surrendering to long term buyers.
GAS would most likely give higher return when NEO starts moving up!
GAS would most likely give higher return when NEO starts moving up!
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