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Author Topic: Altcoin pairs  (Read 120 times)
chest92 (OP)
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November 27, 2017, 11:36:30 AM
 #1

I am in trading crypto's since a few months and still gaining experience and developing my own style of trading. This for me more important at the moment then earn money. Now I have a question about the altcoin pairs. My goal is to earn more bitcoin of course, so the crypto pairs that I will be trading in will be the BTCUSD and the ALTBTC pairs. Now is my question for TA is it better to use the ALTUSD and the BTCUSD charts to determine where to buy on the ALTBTC chart or to use the ALTBTC chart also for TA?
ditinhu
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November 27, 2017, 01:23:15 PM
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I always use alt / btc because it ended up winning on both sides many times by the appreciation of bitcoin and often by the value of altcoin.

But there is a problem, if Bitcoin goes up the value a lot, many times you end up not getting the same amount of bitcoin back up so much the value that altcoin can not keep up with.This is not to say that you are going out in dollar losses, but you will have less bitcoin due to appreciation.

With these gigantic increases of bitcoin I recommend keeping them as the profit will be greater and less dangerous.




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