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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: randomuser789 on March 14, 2021, 07:15:57 PM



Title: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: randomuser789 on March 14, 2021, 07:15:57 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: batang_bitcoin on March 14, 2021, 08:54:45 PM
Trade on whichever pairs you're happier to do and profitable to do. You can always trade through bitcoin pairs even if you're doing it with altcoins and stable coins pair.
When you have the stable coins already and you've made a profit from it. You trade those with bitcoin so you gain bitcoin as you trade which is the exact plan.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: JeromeTash on March 14, 2021, 08:55:45 PM
It's hard to follow altcoin/BTC pair

For example during this bull run, the ETH/BTC price has been dropping but in actual sense the fiat value of the price has been rising because of the rise in the BTC price. So you would say altcoin/BTC pair is good for bull run while altcoin/fiat is good for bear market. But you will have to follow close movements between Altcoin/BTC pairs before buying and selling.

Reason?
In bull run When you are not trading, your asset value still rises. If you use fiat, it won't rise and vise versa for the bear market.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: TribalBob on March 14, 2021, 09:50:45 PM
It is difficult to see, I personally prefer to transact ALT - USDT at this time, because for me it is quite profitable, but it does not prevent me from also installing on ALT - BTC and ETH depending on the offers they offer


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: seoincorporation on March 14, 2021, 10:28:09 PM
You can exchange bitcoin for alts any time you feel the lt will bump, but fiat and stable coins are a nice way to get profit while bitcoin crashes. If you think $60k is the top and after this bitcoin will start going down, then you should move to a stable coin to wait while bitcoin crash, and when you feel ready you can buy again bitcoin, this move will make you end with more bitcoins for the next bump.

Good luck and happy trading!


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: coinswebid on March 14, 2021, 10:33:18 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

for me its depending on what is the main purpose from your trading activity mate
if you want to collect more bitcoin, i think you can trade your altcoins in bitcoin pairs, but if you want to get some cash i think trade on alts with stablecoins will be a good idea my friend


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Twinkledoe on March 14, 2021, 10:37:01 PM
You can exchange bitcoin for alts any time you feel the lt will bump, but fiat and stable coins are a nice way to get profit while bitcoin crashes. If you think $60k is the top and after this bitcoin will start going down, then you should move to a stable coin to wait while bitcoin crash, and when you feel ready you can buy again bitcoin, this move will make you end with more bitcoins for the next bump.

Good luck and happy trading!

In time, the OP will understand what you are saying here.  Because I think, he is very new to crypto trading and he is still grasping what crypto trading is. Since the OP doesn't know yet the pros and cons of trading alts with btc vs stablecoins, he needs to use small funds first. He can trade alts with btc and some with stablecoins. And see what will be the impact on his funds few days or few weeks. At least get the idea what may happen when he chooses one over the other. He needs to experience both so he will know the possible influence to his investments.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: makishart on March 14, 2021, 10:57:36 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!
That depends on what kind of situation that you are facing it right now. When the market was very bullish for bitcoin and trade it for bitcoin and otherwise when it was getting opposite trend and trade it for USDT to secure your position.
When you are trading it for bitcoin at the bearish trend time and you are only wasting your money consider the price of bitcoin will be dumped again and again.
The trend is the key.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: lalabotax on March 14, 2021, 11:14:06 PM
I think that it will depend on the moment condition.
I will prefer to trade with the BTC pair if the price of BTC is decreasing so that I can hold the BTC until the price is rising. This will make double profits. But I never sell using BTC pair when it is rising up.
Vice versa, I will prefer to use stable coins when the Bitcoin price is rising or the stable coin is decreasing. This is a most secure pairing transaction.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Kelvinid on March 14, 2021, 11:49:58 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!
That actually really hard to understand since you are new to this market. Reading trading books, searching and watching tutorials will eventually give you soon the idea and knowledge that you want and the fact that this is not a contest, therefore we are not to rush but must have to prepared everything before we start.

What I could suggest is that have a person that you trusted most (not from online), a trader, of course, that serves as your mentor, this might fasten your understanding towards trading.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: bct-user on March 14, 2021, 11:55:15 PM
It seems you already googling read some information about this, so just choose which pairs having more advantages at that time. If you see the drop in stable coins, you can trade your coin with stable coins like USDT, TUSD, BUSD, etc. But if the stable coins are increasing and Bitcoin is dropping its value, you can trade your altcoins with Bitcoin.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: goaldigger on March 14, 2021, 11:58:15 PM
Keep on searching and find your own strategy when to trade any kind of coins or project.

The best time is always depend on you, on how you see the market and not just because of someone told you to do so. Knowing when to trade is a good one, though its not easy to do so and that’s why you have to make sure you know what to do.

I don’t suggest that you follow those chart analysis online because its someone’s work, and their strategy might not fit for you and that’s risky mate. Do your own chart analysis, and be confident with it.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Rengga Jati on March 14, 2021, 11:59:36 PM
-snip-
It depends on how your strategy and risk management.
Simply, converting to Bitcoin will make your asset is volatile and it will fluctuate. You may get another profit from converting to Bitcoin but also can make some loss after converting to BTC because of the fluctuation price of the BTC itself. However, if you are really ready and brave to take the risk, you may meet with the higher price of the BTC itself and then sell the BTC when the price goes higher.
Vice versa, if you are not a risk-taker, it is better to convert to stablecoin (I commonly prefer USDT, but there are still some other types of stable coins). Moreover, if you use stable coins, you can also easily use them for other trading.
So basically, it will depend on that time condition and how you will use it further.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: poodle63 on March 15, 2021, 03:36:07 AM
It really depends to your preference, you want to try accumulate more and more of BTC then trade in BTC pair but if you just want to make a profit out of altcoins and don't really want to accumulate BTC or holding it for long you can trade in fiat pair.
but trading in market with altcoins with btc pair you need to be aware of bitcoin price movement aswell.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: galestorm on March 15, 2021, 06:01:24 AM
I always trade altcoins for fiat. Im not a big fan of HODL which is what you'll eventually do when you have BTC on your wallet. It depends on your preference, If you want to double your profits then I suggest you do altcoin to BTC, though this would take a long time. If you want to get a hold of your money instantly then i suggest trading to fiat.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: yazher on March 15, 2021, 07:12:02 AM
Altcoin to fiat seems the easy way and if you are used to trading with that, you can try the ETH to another Altcoins or BTC to another altcoins method. There is also some altcoin trading method that only those professional traders know because they made that method and when it works for themselves, they rarely share it with the others so you need to find your own phase because in your personal experience you will gain some skills that other won't talk about it and just start with small capital for trying your way of trading.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: isaac_clarke22 on March 15, 2021, 08:00:40 AM
~
Indeed. That's why when I pair up my trades back then, the primary coin would be ETH then I'll just choose the pair that I think that suits the best for it.
One of my notable pairs back then was ETH/ADA.

@OP
The time that you would trade alts with stablecoins is to extract your profits from it to avoid the instability of the coins in the market.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: doctor877 on March 15, 2021, 08:28:26 AM
It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair.  Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: doctor877 on March 15, 2021, 08:30:33 AM
It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair.  Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: doctor877 on March 15, 2021, 09:33:50 AM
It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair.  Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: virasisog on March 15, 2021, 10:28:32 AM
If you are following BTC trend you can trade using BTC pair. It depends on the situation, if you think BTC is still bullish pair your trades with BTC. It is not advisable to use BTC pair if the market is bearish. I prefer trading with stable coin pair especially when I am taking my profits, or planning to switch to other alts.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: ene1980 on March 15, 2021, 10:52:28 AM
I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).
The name of the game is always accumulating more bitcoin and that is what everyone or alteast i was thinking when the ICO market boom started and it was fun but with the price of bitcoin so high you need to be careful about that as well. I am trading the alts with dollar or stable coin pair for the time being and then will decide on what to do with it because it is not the best time to accumulate bitcoin in my opinion.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: michellee on March 15, 2021, 11:51:39 AM
It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair.  Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.
No matter what pair he chooses, he needs to know where the trend flows and select the coin to trade. In the stablecoin pair, he can also try to choose the coin, but still, he needs to analyze one by one of the coin list to find the coin. With so many coin list at the bitcoin pair altcoin, he can confuse or find the coin, but if in the pair of stablecoin, maybe he will have the chance to buy the coin to analyze.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Teraboy on March 15, 2021, 12:45:31 PM
If you are wanna avoid the volatility and go for stable but when you are bitcoin believers and go for bitcoin. That depends on what will be your intention whether you wanna try to earn money through bitcoin or fixed profit from the stable coin. It's quite simple to say that if all depend on yourself dude.
Basically people will go for bitcoin when the bull trend is coming like this time but they will be dumping their coin for altcoins when bearish trend changed the climate of bullish trend


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: randomuser789 on March 15, 2021, 05:09:57 PM
i got more valuable info on this thread than my time googling for all of this info so again thank you.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: fullhdpixel on March 17, 2021, 02:34:13 PM
I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).
It's quite simple actually.

Trade BTC/Altcoins pair when there is a bull run going on in the BTC market. This is because when the price for BTC is dropping, you can convert them into altcoins and save them at a better value. Saving them in stable coins is not worth because then the growth possibility is gone since stable coin never go up or down.

Trade BTC/stablecoins when all the markets are crashing, not just BTC but also when the altcoin market is crashing quickly. This helps you restore the best possible value for your coins. Once the bull run stops, you can just buy the coin you feel has the highest potential again.

I hope it helped and more hopefully you are actually interested because otherwise all the explaining and everything goes in vain.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: jrrsparkles on March 17, 2021, 02:54:11 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!
By the way, you are trading to accumulate more BTC then you should trade against BTC pair. And you know why you shouldn't trade against fiat because the BTC price is on the rise means you can possibly accumulate less BTC with stable coin pairs even though you are profitable.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Argoo on March 17, 2021, 03:05:10 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!
There is no universal advice here. In cryptocurrency, everything matters: the general state of the market, the availability of free money, what altcoins are available and their quantity, even news information and the public's expectation of certain price movements of the cryptocurrency.
To trade tokens, you need to know their project and the prospects for their growth. Here, first of all, small details are important. All this comes with experience.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: rozak on March 17, 2021, 04:01:03 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!
By the way, you are trading to accumulate more BTC then you should trade against BTC pair. And you know why you shouldn't trade against fiat because the BTC price is on the rise means you can possibly accumulate less BTC with stable coin pairs even though you are profitable.
you are right, when the price of BTC has increased then the recommended trade is for BTC pairs. the value of BTC assets owned will increase. whereas for fiat or stable coins, they will definitely have a value that tends to fall more.
but vice versa, when BTC goes down you will see stable assets will experience a small increase. this is the effect of the market releasing more BTC to save the value of their assets.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: tygeade on March 18, 2021, 08:01:15 AM
It is difficult to see, I personally prefer to transact ALT - USDT at this time, because for me it is quite profitable, but it does not prevent me from also installing on ALT - BTC and ETH depending on the offers they offer
I also trade with stable coins all the time. For quite a while now, I have started to trade everything be it bitcoins or altcoins, I just trade them with stable coins because it helps me analyze at the end of the month whether I am in profit or loss. Earlier when stable coins were not so popular, I always was confused that although I feel that I have made profit but my portfolio suggests otherwise.

Now with the use of stable coins, I can easily check and determine whether a particular way of trading is working for me or not. Investing in new coins was not working for me, so I stopped doing it. Bitcoin price trading helped me a lot recently so I do it more now days, all this is possible because with stable coins I know how much I am earning or losing.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: deathcode on March 18, 2021, 08:10:15 AM
It is difficult to see, I personally prefer to transact ALT - USDT at this time, because for me it is quite profitable, but it does not prevent me from also installing on ALT - BTC and ETH depending on the offers they offer
I also trade with stable coins all the time. For quite a while now, I have started to trade everything be it bitcoins or altcoins, I just trade them with stable coins because it helps me analyze at the end of the month whether I am in profit or loss. Earlier when stable coins were not so popular, I always was confused that although I feel that I have made profit but my portfolio suggests otherwise.

Now with the use of stable coins, I can easily check and determine whether a particular way of trading is working for me or not. Investing in new coins was not working for me, so I stopped doing it. Bitcoin price trading helped me a lot recently so I do it more now days, all this is possible because with stable coins I know how much I am earning or losing.
after all trading with stable assets allows us to avoid the risk of being dumped from the market. yes, sometimes we keep assets when we break trading in the market and after we come back there is a decrease in the value of our assets. and stable assets I think help us from that risk.

but when we want to collect more BTC in the wallet of course trading altcoins with BTC is a pretty good option. but it all depends on the exchange that determines the cost of each transaction we make. because there are exchanges that provide a fee for every order we make, there are also those that give it free without charge.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Lantind on March 18, 2021, 08:40:11 AM
i got more valuable info on this thread than my time googling for all of this info so again thank you.
Obviously, because in this forum there are many experienced people who are very professional also in the crypto field, so if you stay here for a longer period of time, then you will always find new knowledge that you may not have known before, welcome to join the forum that is This is very good, have a nice day.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: meldrio1 on March 18, 2021, 04:47:11 PM
I prefer altcoins pairing stable coins in trading because in case the altcoins will go down then you can convert it into stable coins just to prevent of losing more money. Bitcoin pairing altcoin in trading, I don't think so, I don't know if that is profitable because both were volatile, what if both will go down.. you will converting it into stable coin or fiat for sure..


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Golftech on March 18, 2021, 05:01:34 PM
I prefer altcoins pairing stable coins in trading because in case the altcoins will go down then you can convert it into stable coins just to prevent of losing more money. Bitcoin pairing altcoin in trading, I don't think so, I don't know if that is profitable because both were volatile, what if both will go down.. you will converting it into stable coin or fiat for sure..

And obviously if that happened to you, your disspaointment will really kcik your butt.

It's tough to anticipate how the market will proceed, each directions needs a deeper anticipation,

what's good with converting your assets to stable coin, is just like you it can prevent you causing

further damage to your investment.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: AnonBitCoiner on March 18, 2021, 05:25:20 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

Most traders do of altcoin trading to make a minimum deposits.They hold till the price of that altcoin to reach of good value. Then they get into altcoin/bitcoin pair. 98% of traders do this pair to get into safer side at certain point. If you need some dollars after 10 days. You should start to convert altcoin/ btc pair. Then only you can convert bitcoin to any fiat easily.


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: Kang TB on March 18, 2021, 06:17:14 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

better time to trade your altcoins with stable coins is when you predict if the price will down hard,
so, the value of your capital will always same, and ypu can buy back any altcoins in deeper price, so, you will get more coins


Title: Re: Knowing when to trade altcoins with btc vs fiat/stablecoins
Post by: wxa7115 on March 18, 2021, 08:07:30 PM
Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!
And you are correct the whole point is to accumulate bitcoin, many prefer to just use their fiat to buy bitcoin and forget about the rest of the market, this is a powerful strategy, but there are many that want to multiply their earnings and if that is the case then they decide to use altcoins to try to accumulate more bitcoin in the process.

Those looking at the altcoins pairs against stable coins or fiat are making a mistake, and what better example of that than what we have seeing during this bull run, many people are happy with their altcoin profits against fiat but when you look at the charts of those altcoins against bitcoin you can see they have been losing value, which means that an investment in bitcoin was more profitable and they just wasted their time.