Bitcoin Forum

There is some confusion when it comes to BTC Market or USDT Market and sometimes it is difficult to decide to take profit in which currency, BTC or USDT.

I give you an example here and hope anyone can explain in detail.

ETH was 0.035 BTC few months ago and it was around 400$ USD. I did not took the profit and did not sell Eth.

Today, ETH is 0.028 BTC but in USD it is around 540$. (buz BTC price is high)

Now if i had sold it earlier at 0.035 BTC, so today's its worth would have been 660$.

So what's is the best approach in this case to get the maximum profit ?

Quick answer >>> Compare your crypto currency value to a single fiat currency, whichever fiat is your domestic currency.

The best approach is to compare your investment - ETH - to a currency that has a relatively stable value - USD, GBP, EUR, YEN. This will ensure that the investment price is being compared to a stable baseline each morning or night when you check in on the latest price or activity for the day.

When you compare the price of ETH to BTC you're comparing the value of two wildly volatile investments to each other, which makes the day to day comparisons of the price of ETH harder to understand, because it it requires you also normalize for the movements of BTC in the same day.

There's no "best approach to maximize profit". If you sell your shitcoins for BTC, you're exposed to risks of holding Bitcoin, which could crash at some point. You're showing the recent market example, but think about 2017 - you could have sold ETH at its ATH of $1,200, and it would have been better than selling it for BTC, because Bitcoin fell hard. Both scenarios are possible, so it's up to you if you want to be invested in BTC after selling alts, or maybe it's time to hold some fiat currency or other types of investments. Keep in mind that altcoins follow Bitcoin when it moves, so a crash of Bitcoin's market is guaranteed to bring down all the altcoins with it.

There is a downside to any choice you make. It's about optimizing your trading activity, not making the max out of it. My suggestion is that if you believe in Bitcoin and you want to hold it for long term to take profits in BTC. If you need cash or you want to stay out of the market, just take the profits in USDT.

Myfe wrote you correctly.
But it is also worth considering what period you invest for. If you think that Bitcoin will be worth $ 100,000 in 2025 and Ethereum $ 10,000, then you don't care about the current price ratio.
You wait 5 years and then buy yourself a LAMBO.
The main thing is patience.

You have to assume a risk in any case. You could cash out in BTC right before a bear run. You can make these comparisons because you have historical records, but can't predict if in the near/long term it'll work the same way.

One thing has been certain along Bitcoin's history: Bitcoin is almost always more profitable than any other asset. While a $50 to $500 run may look insane, it's not as insane as Bitcoin's $1k to $20k bull run. While at a first glance it may seem too expensive to get in the game, if you take a step back you'd notice it's almost always the exact opposite.

Here's how I've seen it work out: Alts are great for bullish alt runs. You have to play it smart and cash out at the right time. Seek BTC profit instead of USD and multiply your BTC during bullish alt seasons.

But again, I'm no expert/crystal ball so it's all about risk assessment. If you want, you could split and go 50/50: cash out half BTC, half USDT. Experiment by yourself and find the strat that works out for you while still making you feel somewhat secure/safe with the decisions you're taking.

You can't guarantee get a maximum profit unless you can predict the future. The best to take profit efficiently is to converting your token to your original asset(The asset you used to buy the token you are holding). You can't catch all the opportunity to gain when you convert into something. Not all coins price are moving in the same way so it's a common customary to trade back your original token so that you can guarantee profit.

Don't ever try to catch all profit in different coins because you will just confused and panic when the price goes down.

Your decision. But if you're allowing me to choose, I'll get the profit in USDT and will wait until bitcoin goes a little bit lower then convert it if that time comes.
That's just me and it's still your money that will be in that stake so you need to decide wisely which will work for you the best.

Maximum profit? You can't earn from all angles, sometimes it maybe coincidence, but don't expect it. You're only asking this because eth didn't increase by the same percentage as btc. What if eth increases by 20 times that of bitcoin, you'll definitely be wishing you choose eth.

It depends on how you will take the risks, too, and what is the investment for.

- If you are a high-risk taker, you can sell your ETH or other coins into BTC. By means that you have a chance to make higher profits again when BTC is bullish, the way is by holding again BTC after selling that ETH for a certain period, until BTC has its bullish. Then, it will give you high profits. But, you must be also aware that high profits mean requiring high risks. By means that if you convert your ETH or other coins into BTC, you must be ready for any kinds of risks, the volatility, and also probability to the very dropped price, badly to a bearish market. So fro this, better to have also certain analysis about what will be going on in the crypto market, especially the BTC market, if it has a chance to be bullish at a certain time later, converting to BTC is good enough.

- If you want to take a safer investment, just convert your ETH or coins into stable coins as @Myfe said. Converting to stable coins (USDT or your local currency) will make you in safer condition, moreover if you are willing to cash out the funds. Commonly, the stable coins will not drop or rise up significantly, so that the amount may not be far different.

Can we consider buying and hodling stable coins as an investment? If I purchase 100 usdt, whenever I'm ready to sell it, what I'll get (irrespective of how good btc or eth is doing) is 100 usd. You can't invest on stable coins.

The best thing to do when you are not sure is going half half, that way the outcome will be the same no matter what. If you have a good feeling though then use your gut. But never ever sell off all your coins unless you plan on buying them back later at a cheaper price. Just be very careful about doing that though as it's very risky.

USDT and BITCOIN is essential,  because when you sell bitcoin you'll trade against USDT and when the price drops you'll buy bitcoin with the USDT. This is the common way I prefer, and with this the fund gets accumulated in the form of bitcoin and nothing to complicate. Until you're familiar with trading pairs it is the best choice,  because when we trade against ethereum or any other cryptocurrency other than stable coins it requires some calculations.

It doesn't matter  ;)
What matters is that the fiat value of your asset increased regardless of the pair after that period of time. You are only focusing on the profit you "would have made" but it could have been the opposite as well. Would you be scratching your head if the profit was in negatives?

Point is, regardless of the trading pair, you still made profit vs the fiat value. That's what matters

This is a 1-day chart for ETH/BTC trading pair. ETH was doing well against BTC until around 1st September and then It started dropping. The price change you are talking about it just that recent candle. So it would be good to also analyse the ETH/BTC charts if you are planning to enter or exit markets against USDT.

https://i.imgur.com/wq1EBc3.png

Depends on the time when we sell and the price of bitcoin/alts in that period.
Nonetheless, there is always the best way to maximize profit.
Because the price of bitcoin continues to increase while altcoins don't perform as well as bitcoin, the value can't compare to maximize profit. Hence, it's better to withdraw in USDT or any other stable coins.
A stable coin is one of the best approaches to maximize profit if the exchange doesn't support withdrawal in fiat currency.

Your decision, your rules. When we invest in crypto there is no assurance that you can get a maximum profit since the market is volatile and we can't definitely predict the price value. The best that you can do in your case is to check the price into a stable coins if you already gained a profit as what others also been said. The other way is sell into btc if aiming for a high chance to earn profit since price value also of bitcoin is increasing this time. So we have a choice on what ways we can take profit.

It's potential loss. Since you haven't switched to BTC back then, you must not consider this anymore.

Fiat and BTC both are different. Fiat is stable while BTC is volatile. So, either compare your profit with fiat, or with BTC only. For example, I have LTC purchased @0.005 BTC, I'm still in loss as I consider the BTC value when it comes to alt investment regardless of fiat value.

I'd trade into the currency in which I withdraw.

Can you withdraw USDt? Do you trust USDt enough to hold it? I'd answer both with no that's why I stay away from usdt.

The rule that I follow is that I don't trade altcoins but BTC. It's more predictable and less manipulated. Whenever I get altcoins from giveaways, aidrops, forks, I turn them into bitcoin and if I feel like trading I trade it. When I feel like taking profit I sell into fiat, avoiding shady USDt.

I have had several transactions with USDt but until now I feel fine, the price is not suitable for investment. the movement is just around it and doesn't seem to want to expand.

it is clear that for investment people can ensure that bitcoin is the best and because the price is now quite high, so it must be tricked by repaying our altcoin token sale to be exchanged for bitcoin. because if there is no funding that is the only way that can be done and we will finally be able to enjoy an increase from the results of bitcoin.

Is there a reason why majority of altcoins cannot be traded with usd or usdt like btc, litecoin etc?  Why don't exchanges allow these to be paired then you have usd or usdt?  Because if you want to earn money in usd or usdt... well you need to pay another fee to go from btc to usd/usdt.


Can someone explain why?  Like if you trade btc, eth or litecoin or chainlink or bitcoin cash etc... you can trade it with usd or usdt.  But why not majority of those altcoins?

Taking profit is taking profit and the final asset for your investment is the one you will look at to see what you achieve from investment or trading.

At the end of the days, the currency you use for your daily life is fiat. It will last till the day bitcoin adoption become massively on the globle and it requires adoption, and improvement of technology, Lightning Network maybe.

It is a lie if I say I never take profit and cash my bitcoin into USDT. I did it and will do it. Bitcoin is bullish in its long run but there are falls and corrections and worse bear market. In such time, fiat or USDT is the best.

USDT and stable coins have their pros and cons but you should know the cons of stable coins.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets (https://bitcointalk.org/index.php?topic=5204055.msg53163129#msg53163129)

Ignore the cons of stablecoins, I hold stablecoins if I cash out my bitcoin. I don't want to join the stablecoin exchanges with higher rates because increasing demands of stablecoins when bitcoin has rises or falls. I don't want to pay more for one USDT as it should be.

if I were you I would choose which one is greater in value
for example, as you said at the beginning of buying ETH at a price of 0.03 BTC or around 300 USD then at this time the price of BTC went up so that the price of BTC against ETH would decrease for example to 0.02 or around 500 USD
You must be confused if you have to choose to change it to BTC or USD
the wrong choice is to change it to USD instead of BTC because if I change it to BTC then I lose because my initial investment is 0.03 BTC and if I change it now what I get is 0.02 BTC or a loss of 0.01 BTC then I change it to USD where the initial investment value is 300 USD and now it has become 500 USD

that is a very common problem with altcoins. they always dump in the long run without exception specially when they have unlimited supplies like ethereum does. but since altcoins are traded against both bitcoin and USD whenever bitcoin price goes up their USD values seem to increase whereas they have been really dumping but sometimes at a slower pace so the illusion of a rise is still there.

the correction option is to always day trade altcoins (in short term during their pumps) and go back to fiat (no tether since it is yet another centralized altcoin with high risk) or bitcoin.

I guess the best option for you now is to sell your ETH in USDT. If you sell it for Bitcoin you might then need to wait a little bit longer for your Bitcoin price to match the current USDT price.

If you can HODL then the best option would be to get BTC and wait for it to moon by the end of this year.

Let's keep it simple in terms of crypto currency BTC will always remain in the king no matter what ever happens, because the popularity is widening day by day moreover some big corporate companies have started BTC as a payment system. Is this not a good sign of development? Just asking. As far as I know we are going to see a modern era and BTC will rule it.

There are more traders who prefer to trade in BTC pairs than in the USDT pairs. That's the reason you will find that only the most popular coins are paired with both USD and BTC and majority of the coins have only BTC pair, which is fine in my opinion.

As fas as OP concern, it depends on your buying position. If you bought in USD pair, you should continue your trade in USD and if you bought the altcoins with bitcoin, the ultimate goal should be to increase the satoshis.

That will be your choice. But if I can suggest, you should take profits in bitcoin, so when bitcoin price increase higher, your profit will be bigger. If you can profit in bitcoin, you can make another profit in usdt, which means that it is a double profit. But if you feel that you want to take profit in usdt, you should sell it in usdt.

But as we believe that the bitcoin price itself can increase so high, it is better to have more bitcoin from trading, and that means you should make a profit in bitcoin and not in usdt. We can suggest you anything, but the final option will be yours. You need to think twice, whether to take a profit in bitcoin or usdt.

Looks like you want us to guess or speculate, it should be simple, I'll take profit if that enough, in BTC or USDT, it depends on your asset needs, it's safer on USDT and looking at market conditions. Now holding crypto doesn't take long (over a year) to profit because the price fluctuation is very high, and the highs and lows change very quickly, unless it's your free money.

I have always been worried about the explosive growth in the amount of USDT.
https://coinmarketcap.com/currencies/tether/
When billions of tokens are printed every year, and there is still no audit of Tether.
We only have to believe these numbers and we do not know how many tokens will be printed tomorrow.
https://wallet.tether.to/transparency

in my opinion for profit, it is certainly very good at USDT, because profit can be stable and not shaky,
if you use Bitcoin to take profit it can make a sharp knife and can kill you, because the profit you have can be reduced.
in USDT you will be fine and dont emotional.

I like things simple.
That means that if my sole objective is to acquire more BTC, then I only trade on BTC pairs.
I don't even look at the price of alts in $.

Long BTC, short everything else.

It always better to use usdt as means of profit. Its much stable and much easier to calculate

Yeah right, follow the orange line. :P

https://i.imgur.com/EZ7JFmq.png

And I guess it could also save you from high fees if you will going to convert it to fiat currency. The third party services like in those banks really get huge fees and that is unlikely to be if still you wanted to buy bitcoin after the ATH. Yes, USDT and other stable altcoins would be much more ideal in my own opinion. I wish I had bitcoin now and that I can able to sell it this ATH. Unfortunately I am not lucky in cryptocurrency even in promoting altcoins. Well, I do so hope in the future I could have more luck.

It is difficult to decide which one is the best for take profit, depending on each of our strategies. In short-term trading,
I think it is safer to choose USDT, because the profit you make will not be affected by a volatile market. But if indeed
for long-term trading, you should choose Bitcoin, because the price of Bitcoin always goes up, so the profits we generate
will be of higher value in the next 3-5 years.

If a market is bullish, it would be better to take profits in bitcoin and if the market is bearish, you take profits in USDT as you can use them to buy each other when the prices are beneficial to you. But if you are not sure where the market is heading, you should make an prediction on the future of bitcoin and if you believe it's over valued or under valued.

Depends on the exchanges, there are some exchanges that support various altcoins/BTC pairs.
Why not include the majority of altcoins? Because too much hassle to list all those infamous altcoins with low trading volume.
If there are many requests from users or alts developers, the exchanges may consider listing those coins.

Your way is also the most profitable but risky one. Your case is in the bull run, and imagine if the market goes the opposite way :)
So this is not a strategy anyone can use. If the user of this strategy does not fully understand the laws of the crypto market, then surely the account will be divided many times.
Be careful with this trading strategy, which only encourages players with long experience in the Crypto market.

yes and some day in the future, maybe tomorrow or maybe a couple of years from now you try to spend your tether and you see the network doesn't exist anymore. then you open their website and see 3 letters saying "F" "B" "I" shut them down.

In so many times when talk about profit taking between Bitcoin and USDT, i usually prefer to take profit with USDT becasue of it stableness as a coin when compare to Bitcoin. We'll understand the crypto market volatility and for anyone stay on a safer side they ought to choose stablecoins over unstable ones. If you choose Bitcoin to take profit on, what about it volatility?  it could be a loss or a win but in taking profit in USDT nothing of such will ever happen. 

For me it would make sense to cash out and take your profit in the non-volatile coin, so in this case USDT. Of course, the problem with doing this is that you exit the ETH or BTC market entirely but at least you secure your clean profit. On the other if you take your profit in either ETH or BTC then you're still at the risk of volatility so in that case to me you haven't secured a profit as that's still liable to the market volatility.

I hope this makes sense.

Bitcoin and Ethereum are two cryptocurrencies that have good potential, but bitcoin will be the best in comparison to Ethereum. I believe bitcoin is a potential asset to hold in the long term, and it will be the best investment in the crypto world to enjoy as you age. Selling bitcoin for USDT might be an alternative to keep capital stable when bitcoin price are down, but if this is the case then I often sell directly to fiat and wait for the best time to buy again and that will get us more bitcoin.

I always like usdt for profit. Bitcoin is best for long term hold.  But if want to get profit in s short time then i think you should choice usdt. Look, when Ethereum was $1200 if you hold them in btc then you lose  more now.  But you hold them in usdt, you can buy double now.

I get confused by this stuff so many times, but every single time I still end up picking usdt, I think no matter which side you pick there will certainly be a drawback, if you pick a stable coin (usdt) well you will be left out when btc start pumping crazily, cause your amount in usdt won't increase, but it will also save you when bitcoin starts dumping massively, for me I will always choose to play safe and try not to get caught in the web  :D.

USDt is only for taking profit that you're planning to reinvest. USDt functions as a kind of middle man that stabilizes value, but is not spendable.
I'm not a trader, I either enter a certain investment for months, or exit back into fiat. When I enter an investment I don't hold coins on an exchange but on my own wallet, and when I take profit it's directly into fiat money, preferably cash, that's why I never use usdt, but each of you can be in a different situation, so I can't tell you whether in your case USDT will be better than USD or EUR.

It is good if you're planning to get back. That's how day traders do for them to maintain their capital and profit at the same time. Taking the time to wait for the correction of bitcoin and then they'll buy back. It's up to them if they will include the profit for purchasing bitcoin or it's only their capital that will be used again.

It depends upon the market situation, if you think that the market is going for a correction i would go with USDT or USD depending on the exchange i am trading and if i think that the price of bitcoin is going for a big rally i would sell off my alt coins to bitcoin rather than any other trading pair because you will gain a much better profit with bitcoin than any other alts.

IMO it depends if you are "cashing in" and plan on selling it and taking the fiat currency to use to pay bills etc. If this was the case I would sell it based on the USDT price and then convert to fiat to do so.

If not, I would be using the BTC price, as I will be wanting BTC profit that I can then either bank, or use on my next altcoin venture.

There is more than one way you can bank your profit, which is why i love the space :)

Because the market is currently in a bullish trend, it is more profitable to take profit in Bitcoin, because the profit we make will be higher.
Meanwhile, if the take profit in USDT will be stable, since I also plan to hold Bitcoin for the long term it is very reasonable that I prefer to
take profit in Bitcoin. Especially if you see that the price of Bitcoin is now at the price of $ 18,600, which makes me optimistic that take
profit in Bitcoin is the right decision.

I think you have a problem when it comes to choosing what pairs you should use, my approaches in trading depends on what kind of trend of the coin that I keep trading. If I saw that the trend is bullish most likely I will not trade my BTC or the coin that I currently trading into USDT because I do not want to waste opportunity but if the market is bearish then it is better to stay at USDT because the market is fearful wherein we are prone to incur huge losses. I think what happened to you should serve as lesson, anyway there are still a lot of opportunities and do not regret what you did. You can still make profit trading BTC or ETH just make sure that you have a proper plan.

BTC to USDT and then USDT to BTC. I usually convert my BTC to USDT and I think this is the best thing to do, and I find this profitable and safe trick.

What bothers you is that you are also not sure about your plan. Tried to reconcile it and set a plan for the incoming so you will be guided. Everything won't work and you will go nowhere if you are not sure what you are doing.

because if were you, I choose BTC over any crypto. Because I know that Bitcoin can be rusted and that to believe that it won't make disappointed in the future. This is my plan and has to stick to it until such time that it no longer working.

It's clear if you want to spend something in real life you need to use USDT of course and withdraw it as currency, but if you just want to save it so just save it in the form of bitcoin or other altcoins, that's easy friends, because we know bitcoin can't be used in a real way. full to buy your needs in the real world, although there are not many supermarkets that accept bitcoin payments

USDT can also be used as storage which is very stable but for investment it is not recommended that you hold it apart from the price going down, but we know that now the price increase season, you should stick to bitcoin or altcoin which is at the top of the ranking. because you will get a fair amount of returns from this increase, so be prepared for it.

If you want to end your speculation today, usdt is the best choice. Besides, the current usd value has decreased a little. The hope is that once the USD recovers, it will be enough to buy .035 BTC or more.
If not, then it depends on your next speculation. Right now is a bitcoin rally reaching a new ATH, not an altcoins event.

Selling half of it is a good strategy that can be done, because bitcoin will not continue to rise and when the price of bitcoin starts to fall or there is a correction, we still have spare money to buy at a cheaper price. Bitcoin and ETH prices are currently in sync and are starting to be bullish. ATH will be reached in a moment. Keep your bitcoins well if you have them and don't sell them all.

Altcoin event is also starting this week if you look at the price on it in coinmarketcap you can see big movement of different altcoin just for this week.

I expect more increase in price of altcoin before we will beat the ATH of Bitcoin before this year's ends.and that is what should be monitored right now if you invest in altcoin be in a position to sell it to usdt anytime or secured it in btc .

The scenario you used resulted due to the massive push bitcoin has been recording of recent. Bitcoin in just 2/3 month has increased from $9000 to $18000 and still increasing, you can't expect the market to still be the same in regards to the satoshi value of the alts traded against bitcoin. In bitcoin bull run we're advice to avoid trading alts against bitcoin instead do so against fiats and stablecoin.

Your trading strategy should automatically detect where you take profit that's why we're always advice to have a trading strategy and not just go into any trade we see. Assuming your intentions for your trades were to secure more bitcoin than it would had been best you take the profit in Bitcoin especially when the market sentiment is bullish. Overall you gain more when your profits are taken in Bitcoin and not fiats.

In fact, the peak will be obtained by bitcoin if in my analysis it is not this year but next year, this year is the first breakthrough from bitcoin before making a phenomenal breakthrough. so don't miss it to be able to enjoy an increase from bitcoin next year.

I agree with my friend that bitcoin is indeed very difficult to predict but we can see the past of bitcoin movements. from there we can draw conclusions that at least we can use as a reference for taking action.

if the price is high and the indicator reaches a peak, then we better put the profit on USDT,
because we also never know where Bitcoin will go, especially now that the Bitcoin price is still sideways,
maybe it could experience a correction or pump again, be a wise.

it is better to take profit in BTC because the price goes up very high compared to altcoins, if we take in the form of ETH or USDT there will not be much price increase, so we won't get too much profit. I recommend taking it in the form of BTC and holding it for a long time to make more profit.

USDT is a stable coin so we don't expect the profit of USDT and BTC is a decentralized coin so we expect good profit on this season. Whales are concentrate the BTC investment so we make more profit in BTC and those are looking for long term investment we can fix the ratio of BTC in the trading, So once reach enough rate it will trade automatically. Finally both are legit platform so those believe the BTC they are all stay in a Bitcoin.

you should focus your strategy in ... what are you looking for. Did you want store your money/wealth in FIAT or BTC?
Personally I prefer to receive a payment or a profit in bitcoin since I know it's "stronger" then FIAT in holding the intrinsic value. For what I have seen on the past exchange bitcoin isn't profitable since there is again another ATH. This is why I always suggest to store any value or profit in BTC ;)

I do not mean to comment against your opinion but storing your profit to btc is not ideal in my own opinion. You are investing it with so you come up with a profit to a fiat. But to what you say that fiat does not have a good instrinsic value do because of inflation rate. However, we can still chose to take profits using the crypto which has stable coins like USDT. So, this is where I like to store and has been noticing too like others had said that whenever a bull run is happening USDT crypto supply will be added for some sort of preparations to take the investora profit on btc investment to usdt stable crypto.

I think the effect of bitcoin fluctuations on altcoins is too much. Altcoins are not able to make a consistent uptrend line like bitcoin (I saw it on ETH). I am worried that altcoins will experience a sharp decline when bitcoin starts to declien. I would still suggest Op to exchange it for bitcoin when eth reaches the next line of resistance or usdt if it wants to stop.

Any transaction will have to take profit, that money will go into your life and serve you. So take profit based on USD, if you make more Bitcoin and Bitcoin falls in price then that's bad. I had my experience in the market in 2017 thinking that as much BTC as possible and by 2018 when BTC fell, I seemed to have lost a lot of money.

In fact, it depends on the market situation. If you think that the price of Bitcoin will go up, you will benefit more by taking profits through Bitcoin. On the other hand, if the market analysis indicates that the price of bitcoin will go down, the profit will be profitable with USDT. Because in that case, if the value of bitcoin decreases, the value of the profit will decrease. So it would be best if you can take your profits through market analysis via Bitcoin or USDT.

The most silly question to ask questions of such kind. It is only your choice but not the choice of the person that gives you advice. It depends on your strategy and in case you are a trader, so you should analyse according to the situation on the market. And of course do it by yourself in order not to regret that you listened to somebody's false predictions.

That is not an easy question. I think I would prefer Bitcoin. Because Bitcoin is volatile and there is always a possibility for you to benefit from its volatility. For example, Bitcoin is going towards setting a new ath. If you bought Bitcoin e.g. from 9k, you would double it now.

It is real hard to assess cashing out or taking profits either from Bitcoin or from USDT because those are two different currencies on which are two different when it comes to stability of the price. Actually both are profitable in nature but it depends upon you if you want to hold for a while then choose to get into Bitcoin due to its volatility than can enable you to gain more. But if you wanted to already have it on hand or save it from bear market, then you can get into USDT. Well actually it is really a tough choice so if you are still confuse on which is better, better make use of partitions of putting each half on both and do comparison on which you think to be suitable on your preference because honestly both have risk no matter which you choose from. It is a matter of decision making that relies on you.

Absolutely, we all know that the price of USDT is stable and it is hard to take profit just by buying it but if you tried to invest your money in bitcoin and make a good portfolio that will guide you in terms of trading that might help you a lot since we all know that the price of bitcoin is volatile, meaning the price is changing time by time as long as there are transaction happening, and also the whales that can manipulate the price. As of now, it is too risky to buy some bitcoin since it is pumping and continuously rising up in terms of price, but if you have some holdings before the bull run happened, that might be good news and it is your decision when to sell it.

If you want to get a profit with the same value then I suggest you exchange it for USDT, because USDT is a stable coin and it makes your money value will not change, but if you want to get a bigger profit (but have a risk) then you better be exchange it for BTC, because if the price of BTC increases you will get additional profit, but if the price of BTC goes down then of course your profit will decrease, so it depends on you, If you want to get a definite profit then you better exchange it for USDT, but if you want to gamble then you better exchange it for BTC, because you can get additional profit if the price of BTC goes up but of course if the price of BTC goes down then the profit you get will decrease.

Though question is very good but answer is very simple you don't need to think which currency is profitable just think when you want to take profit, it is also simple just take your profit when the price is high don't think about value. Or if you want to compared then you can but my suggestion when the price gose high don't convert your crypto to unstable coin try to convert it stable coin like usdt. And then buy again when others currency gose down. Don't exchange into btc. So choose usdt when you in profit.

It was right time when you have posted this topic but today crypto market is experiencing a red blooded scenery where maximum coins lost its marketcap today. Those who perked their values in stable coins, today are enjoying but regret for those who are holding for waiting All Time High (ATH) period.

To me it very simple u use USD to determine the profits and I always take my profit once the USD value raise because in that I exchange the USD to my native currency and use my huge gain. When it comes to crypto always use the USD value because both bitcoin and ETH are all traded with USD and it general value is determine by the USD market at every given time.

It's attitude dependent. I have some shitcoins. I have some bitcoins.

The Bitcoin I believe in and want to keep hold of that but I also have fiat costs. I'd rather get rid of the shitcoins to meet those costs so for me they're priced in fiat and I don't care what their BTC ratio is.

Could they eventually harvest much more BTC? Sure. But if the right price arrives I'm getting rid. They won't be up there for long and that ratio may be up there when the Bitcoin priced measure in fiat is much lower. I ain't sitting through another obliteration to realise that profit.

If we talk about today, when we see a red market, and it is not known whether the price will go up or not, you need to fix profits in stable coins, such as USDT, or wait for the next rise. If we take the example of a similar situation that occurred a few years ago, most likely in the near future the market will be green again.

I think it is important to look at the momentum.
I mean if you do play it safe , a stable coin like usdt is your answer, but when you looking for more profit, more than just your trading profit but a long term profit then i think taking profit in bitcoin with the right momentum always better.
Here lets take an example , the lowest price of waves  coin occured in usdt at around 0.6 usdt last year in december when the bitcoin price swinging from 9000 usdt down to 7000.
Imagine if you takes profit in bitcoin rather than usdt , how much the profit you will have now?
Waves price increased 10times , bitcoin price increased 2 times but in waves-btc pair increased 5 times.
You bought 1000 waves worth 600 usd , sell it now for 6000 usd
You bought 1000 waves in bitcoin worth 0.00007 0.07 equal to 600 usdt , sell it now at 0.00035 for 0.35 equal to 6000 usdt , it is same but momentum make the difference!
You can gain more than just the average people if you takes profit in bitcoin and gets the momentum at the same time.

Yeah that's a quite good question solution. I think its always better to convert in usd value stablecoin currencies. It's kindda like if I want to take profit in usdt so I need to convert in usdt not in btc. Even u can hold the value.

based on my experience, I always take profits in USDT, because it's the stable one.
with the current market situation, it should indirectly give you the answer to your question.
take your profits when you can, use fiat/stablecoin, don't be greedy, wait for another momentum, be realistic.

also, I have a plan to secure my capital first when the market is up.
for example, I trade $100 for BTC. when the price is up by 10%, I will take back my capital which is $100.
and I will leave the rest (10%) as it is, as my win-win trade.

Most of the time I take profits in BTC. Risking my profits to generate more USD value whenever bitcoins price pumps after taking profit on any other coin that I'm trading.
If you are willing to take risk then convert it to BTC because by that you can either lose your profit or earn more profit whenever bitcoins price rise up and vice versa when bitcoins price goes down. Taking profits in USDT isn't bad at all anyways profit is profit if you want to go safe on your trade profits go directly on USDT then.

It is better to take advantage of USDT from BTC for exchange Although the price of Bitcoin is rising but investing in USDT and the currency is stable. Even if the price goes down, it doesn't have much effect on the currency But Bitcoin's market is not stable. Even if the price goes up it goes down again So I think it is the right decision to convert to USDT to make more profit If the market can be considered properly, it is possible to make a profit from both sides.

I will go for Bitcoin profit anyday because I don't really see much of profit on a stablecoin, but Bitcoin due to its volatility tends to generate more profit

Logic dictates that due to fluctuation the chance or the risk is high with bitcoin, but the same thing
follows once you execute and take profits then bitcoin pumped up your earnings will be more decent
than conrverting it to usdt. It's always depending from how you see the market and how willing you
are in taking the risk.

How is it stable, when it loses sats all the freaking time?
USDT is only another stable shitcoin, destined to lose BTC value over time - as BTC reaches new ATH's.
Why would you keep your profits in a shitcoin that loses value over time BTC?


This should be enough realistic for you:




Swell, ladies and gentlemen we have a holder. A fiat holder! :P

Yeah, I can't deny it. I am not a good trader and I don't have a "strong" hand too  ;D
I still have bitcoin and any other top cap crypto on my portfolio. but..
I hold more fiat and USDT on my portfolio now because I've already sold some of my cryptos at 5-10% profits a few weeks ago.
I tend to be a holder in 2017-2019, during the ATH. It didn't go well for my mental health. It always ruined my day.
I am psychologically comfortable with what I did now.
I do love bitcoin, but I love myself too ;D
I can handle myself when I failed to get more profit, rather than failed to secure my capital. as I said above, I don't have a "strong" hand right now.
Maybe with some good insight from members here, I can change my mind and direction.

when I see that, when bitcoin goes up then the price of altcoins goes down, when bitcoin drops the price of altcoins also goes down, but when bitcoin stabilizes then the price of other altcoins will fly to the moon. So when bitcoin rises we can keep assets in bitcoin until it reaches its profit target, when it is bitcoin then try to save on USDT, and when bitcoin is stable we can trade altcoins so that is the best strategy to implement.

its depends on our main purpose my friend
if we want to collect more bitcoin, i think we should take our profit in bitcoin,
but if we want to get a stable value in profit i think we should take our profit in usdt

I take profit in usdt. However, i sometimes make purchases directly in btc, but that does not prevent me from systematically making a conversion usd / btc.

And finally, I wanted to underline the fact that some people here only accumulate and hodle btc, but a currency needs to be used to develop :)

Everyone is recommending to use USDT, but usdt is not safe way to hold your funds? If you don't hold it you don't own it, there is always chance that exchange can go down or exit scam with your usdt tokens, am I wrong? You won't lose funds if you hold btc in your own wallet

We can do it on both asset as long as you knew how to handle your holdings in every situations, whether usdt or bitcoin can be a source of your gains. You can't have an assurance on bitcoin nowadays while value fluctuations was changing at minimum percentage. Lets use usdt in trading in order to earn btc and when time comes btc also pumps you can also earn usdt for good.

Easy to make a profit from both currencies but it will usually depend on the individual himself the more profitable the currency the more profitable it is to invest collecting bitcoin for trade and investment can double the profit if the price goes up well. Those who used to invest in bitcoin a few months ago have now made a lot of profit if you have no knowledge of the market you can take advantage of USDT if you feel the risk of trading even if the price goes down there will be no possibility of loss.

It's better to take BTC as the pair to take the profit. We are still in the bullish market and bitcoin already predicted to surpass 20k rate soon. That means if we are holding bitcoin and the more dollar that we could get from the bullish trend that's still happening right now. USDT is a good option but it has no volatility and we will lose more money when the price of bitcoin is pumping again.
we must think about which will give us more benefits.

If based on the topic of the OP, it is clear that bitcoin can be used to be able to profit from the difference between buying and selling, not USDT because this is a very stable token in accordance with the US $ currency value, it is not recommended to seek profit from USDT. because that desire will not be achieved.

bitcoin is currently in a very good increase to be used for profit, but analyze it well first because the price position is quite high because you could be patient if you want to wait to go down again. because there is no need to fear that next year bitcoin will increase sharply.

of course bitcoin.
i made this mistake 2 months ago. i took my $10.000 profit in usdt. btc was $10.000, until my money came to me in 2 weeks, btc had became 14k. i lost %40 in 2  weeks

I might choose them both usdt and btc just to gain an assurance of best profit everytime price fluctuates in an unpredictable way. With this strategy, you'll have good timings to determine all options in achieving your visions in trading and earning from your investments. Every actions made is all worth it, just have courage in doing it.

people can take profit in bitcoin or usdt buddy, because its depends on what for he take their profit, if he want to collect more bitcoin and keep it in personal wallet, i think they must take their profit in bitcoin, but if he doesn't have a plan for hold, i think usdt can be the right choice, thats my opinion

And then you have lost more than 100% ROI from bitcoin as the price already touched above 22k. That means you have wasted your 12k as your additional profit from your investment when you are choosing bitcoin as a way to receive your profit. You should have learned a lot from there.

I would suggest you to take profit to BTC, why put on USDT if you can put your money on btc ? If you want to use your money i think you better exchange it to your local fiat directly. Congrats for ypur profit. And remember the bullish is not over yet. We will see massive bullish for the next couple of month.

The stable coin is only for those who are wanna receive their profit without being disrupted by the volatility of coins. This time bitcoin is the best trading pair as we can also take the advantage from the bitcoin bullish trend at the same time but it will be a different situation when bitcoin was facing the bearish trend.
You said that because bitcoin is getting pumped but i do believe you will not say like that when bitcoin goes down.

I think first, you need to decide what you want, that is, do you want to hold or do you want to trade. Taking profits in BTC might warrant you to hold it because of its valuable nature but if you are afraid of volatility, then taking profit in USDT will be best, they are just two different things. Also, talking about maximum profit, I don't think there is anything like that, because it falls on you, that is, selling to USDT will not afford you any profit because the coin is a stablecoin, but taking profit in Bitcoin will afford a good range of profit but not maximum profit because you might sell at a particular price only for it to keep growing, just like those who sold at $20k only for it to Keep growing. Therefore, I think you need to decide what you want first, but if you want to enjoy the profit then selling to Bitcoin will be the best.

Your choice, your principles. At the point when we put resources into crypto, there is no confirmation that you can get the greatest benefit since the market is unpredictable and we can't foresee the valued esteem. As well as can be expected do for your situation is to register the cost with stable coins on the off chance that you previously picked up a benefit as others additionally been said. The alternate path is to sell into BTC if focusing on a high opportunity to acquire a benefit since the cost esteem likewise of bitcoin is expanding this time. So we have a decision on what ways we can take benefit.

It all depends on the market and how different coins move but considering the current scenario it is better to take profits in btc and keep accumulating btc untill we can say that it has peaked with a new multi year high price and then you can start moving to alts or usdt for even more profits.

This forum spent more time on Bitcoin and Ethereum than the new projects in Announcement section in previous years, I think this topic is right now. Bitcoin should loss its market dominance when altcoin season resume, Ethereum will regain its dominance but may not be like in previous year, So it will be smart to move to Ethereum as bitcoin loses dominance maybe to achieve 0.1 btc, at this price buy back bitcoin.

For newbies or less-experienced traders, I advise taking profits and tracking the portfolio statistics in USDT. The BTC dominance usually plays around the high resistance levels, so the stable coin based profit will make everything easy. Of course, experienced traders will prefer to sell the altcoins in BTC pairs because they will not need to pay trading fees twice. The BTC profit is better option because of increasing value but for USDT profit realization the profit ratio can be higher or lower depending on the market rate.

The demand has been coming from the various institutional investors and the majority were coming from the fund management platform.
People can convert their coin into the stable coin when they are seeing if it has no prospect to convert it into the bitcoin but when bitcoin is still bullish right now and it's better to take bitcoin.
I have been converting all of my coins to the bitcoin as i know that the bullish trend for bitcoin will happen and it comes right now.

This is the basic way I like, and with this the asset gets collected as bitcoin and nothing to muddle. Until you're acquainted with exchanging sets it is the most ideal decision. The alternate way is sell into btc if focusing on a high opportunity to procure benefit since cost esteem likewise of bitcoin is expanding this time. So we have a decision on what ways we can take benefit.

always trade only btc pair, the real value gain, usdt its for cashout

when you trade alt to usdt and you happy for their gain because btc up, lol... just sitting in btc doesnt need to trade on alt, you get the same result

the real gain is on btc pair

Take your profit in usdt in my opinion, even if you take in btc it could dump and that profit value will reduce but in usdt that won't happen beside the value in btc when you bought it and now has changed - meaning it has reduce but increase in usdt, so the wise thing to do is take profit in usdt as it is more stable.

My recommendation is that on the off chance that you put stock in Bitcoin and you need to hold it for long haul to take benefits in BTC. The best to take benefit effectively is to changing your token over to your unique resource. You can't get all the occasion to pick up when you convert into something.

trading might be better to BTC. because this will make it easier for us to get profit, but for withdrawal I think USDT is the best way right now where USDT is a stable coin and is useful for stabilizing profits

How do you even take profit with btc! I always thought selling for profit is only through usdt because you are cashing some part of your investment, if you keep btc it will still be an investment but in usdt is different because it is a stable coin which act like fiat.

Depends on the current trends.

When the market is generally in Bull mode, I'm taking 70% of my trading profits in Btc/Alts and 30% in USDC/PAX.

And vice-versa. When the market in Bear mode, I'm taking 70% of my trading profits in USDC/PAX and 30% in Bitcoin/Alts.

Its possible if you are scalper that looking to increase your BTC holdings. How will you calculate profit? It base on the increase of your BTC holdings . For example you have 0.1 and sell it at high price and rebuy back when the price is lower which led to your holdings being set at 0.11 Then you already have profit of 0.01 BTC that you cans sell what ever amount you like.
That trading will only work if you want to increase BTC holdings and you don't care about Bitcoin price volatility.

I would always choose to have it in bitcoin. USDT can hold your address and balance. The lesson that I've learned in the past and get bitcoin as much as you can because you will never know when it will start pumping.
And the pump comes so, if you have been buying or taking profits in bitcoin, you're part of the people who are enjoying and happy with the pump for bitcoin. That's why it's always the best idea to take bitcoin, bearish or bull markets. In bulls, you can sell it if you want to quickly.

Bitcoin will be the best pair to be used when you are in the bullish trend> when the massive sell trend will happen and people will be moving to use USDT as the best option to convert your crypto.
that says if people can decide which pair that will be used by them based on what kind of situation they have faced it, dude.
We can't determine that if we are not yet seeing the situation.

the calculation of your profit could have been better now because btc unexpectedly continued to skyrocket and you will see that the btc equivalent of eth are going to be much lower but you dont need to panic because lower btc rate simply means that eth price have growned alot .

 no need to confuse yourself but its okay to check the coins price in local fiat rates so that you will know if you will want to sell or not . theres a question simillar to this last day but his concern is alt and btc instead of usdt and btc .

Yeah but at the end he is still selling that extra btc of 0.01 to usdt if he wants to take profit or except he will only use the 0.01 btc to buy something directly or invest on another project or just let it continue to grow,
if you taking profit in usdt it means you don't have the intention to continue to grow your investment because usdt is stable and if you take profit in btc there is big chance for that profit to grow even higher.

For a trader who wants profit and also has the courage to take risks, of course BTC is the right choice to invest money now, whereas for traders who want security or save money, of course USDT is a good alternative coin to hold. I think both USDT and BTC are two good cryptocurrencies and of course based on what the traders want.

The purposes of these currencies are different. The first, bitcoin, is a pure cryptocurrency, with all the characteristics inherent in this type of asset - a speculative asset, high volatility, significant jumps in value, and not always with objective reasons. The ability to both earn and lose. The second is stablecoin, the goal of which has always been to fix profit / loss, and "sit out" in a safe haven in difficult times, in the analogue of fiat, without unnecessary steps to convert crypt into fiat.
Therefore, the first one can form a profit, the second one cannot.

It depends on which country you are from and what the currency of your country is to 1 Dollar, if the conversation rate is good enough I don't see any reason not to convert to Fiat straight away so you are the only one that can make this decision

Depends on why you want to invest. I have seen people who invest just for cash, in order to get richer in dollars, and I have seen people who do that for bitcoin and have more bitcoin. At the end they all want to get rich in dollars obviously, but having a lot more bitcoin would mean having a lot more dollars as well, so that is why some people prefer bitcoin since fiat is not a good currency to keep your money in, but bitcoin is a great one.

I personally would prefer to get richer in bitcoin, that would allow me to get richer in dollar anyway meanwhile keeping my money in something I know I can trust and will not be hurt by the bad stuff going on in the fiat world neither. But like I said, this is your own personal choice and if you want to pick dollar or USDT you could do that without a trouble, it would benefit you as long as you can profit in either one of them.