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Trading BTC for Altcoins When BTC climbs
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Topic: Trading BTC for Altcoins When BTC climbs (Read 1266 times)
upstreammin
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Trading BTC for Altcoins When BTC climbs
February 13, 2015, 04:22:03 PM
#1
Hey Guys,
Since the market has been stale the last two weeks, just thought I would say headsup to anyone looking to get some Altcoin while BTC has leverage, and wonder is anyone else starting to get pumped?
http://coincurrencynews.com/2015/02/13/top-5-market-caps-small-charts/
ajareselde
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Satoshi is rolling in his grave. #bitcoin
Re: Trading BTC for Altcoins When BTC climbs
February 15, 2015, 12:34:49 AM
#2
Quote from: upstreammin on February 13, 2015, 04:22:03 PM
Hey Guys,
Since the market has been stale the last two weeks, just thought I would say headsup to anyone looking to get some Altcoin while BTC has leverage, and wonder is anyone else starting to get pumped?
http://coincurrencynews.com/2015/02/13/top-5-market-caps-small-charts/
Do what u think its best, but i usually cash out altcoins for bitcoin when it climbs, and then to fiat, then wait for bitcoin to drop (and altcoins with it) and then
do reverse by buying first bitcoin, then altcoin in question.
It gives you alot of profit if you do it right, but it also comes with doubled risk.
erikalui
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Re: Trading BTC for Altcoins When BTC climbs
February 15, 2015, 04:59:24 PM
#3
This too can be a good strategy but the wait period can be long and plus one needs to be quick while trading. BTC is just unpredictable and it is uncertain that what can be considered as a high rate.
Hindi translation/transcription/editing - 350+ jobs
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