use Bitcoin to buy other cryptocurrencies ?

[iqlimasyadiqa]

the question is in the title. Is it possible?

Yes bitcoin is designed to be able to buy everything we want. One of which is altcoin, now there are so many exchange that there is internet. So you do not worry to want the altcoin you want to buy. There are many listed exchange, some of which are bittrex, yobit, kraken and also poloniex. You can buy altcoins whenever you want. This is the world of cryptocurrencies, where all free altcoins are used.

[1715532705]

1715532705

[Mtoo]

In last week's I bought some cryptocurrency  without analysis Btc situation and I paid dearly for that reson no one purchase coin this days stay safe.

[gabmen]

the question is in the title. Is it possible?

Yes bitcoin is designed to be able to buy everything we want. One of which is altcoin, now there are so many exchange that there is internet. So you do not worry to want the altcoin you want to buy. There are many listed exchange, some of which are bittrex, yobit, kraken and also poloniex. You can buy altcoins whenever you want. This is the world of cryptocurrencies, where all free altcoins are used.

Well most alts are bought through btc, you can't really purchase them through fiat except for alts like eth that are well established and have a huge following. You have to have btc if you're going to start to trade

[rachelia13]

Yes, you can use bitcoin to buy other cryptocurrency, choose the one you think it's profitable, but my self prefer choose to stay trade only in bitcoin, because i always lost if i trade cryptocurrency

[hasmukh_rawal]

What a newbie question !!!

I think you are new here, let me tell you it is possible to buy other cryptocurrencies using bitcoin,there are many ways to do it. I will start with trading first, In trading you can use bitcoin to trade and then after getting profits you can use those to buy other crypto coins and slowly you can build your portfolio of good coins. The other best things i recommend is Affiliate marketing programs provided by the cryptocurrencies website.You just need to promote their offers and sale so that they can provide you their cryptocurrencies for each sale or leads they get from your referral id.

[Lanatsa]

the question is in the title. Is it possible?

This is really a very BASIC question with a very basic Answer which is "YES". You can able to buy other crypto currencies with bitcoin. Every new coins being listed on the market normally end up on having a btc value which as being said above you can directly trade it with this BTC/ALT. Some altcoins can be bought by Fiat itself which already on some coins but not all.

[bs9]

What a newbie question !!!

Yes.you can buy any altcoin other cryptocurrencies  used bitcoin.I am also buy some altcoin to use my bitcoin.Bitcoin is the most valuable cryptocurrency coin now.You have some bitcoin you can easily buy altcoin andb start trading.

[palle11]

the question is in the title. Is it possible?

A simple question , yes. As you have already heard. Bitcoin is paired with most altcoin. Read up more on cryptos.

[Kizaki]

Yes, very possible. When trading, people usually use bitcoin to buy other alt coins for their trading purposes. Because it is much easy to buy it using bitcoin than fiats. Mostly they do this in step by step procedure. Buying bitcoin, use them to buy alts, then trade to trade until they earn profits, then swap it back to bitcoin. Since you are a newbie, you are free to ask tips in the forum but I suggest to try and read some posts first so that you'll gain knowledge as to how crypto works.

[eaLiTy]

In last week's I bought some cryptocurrency  without analysis Btc situation and I paid dearly for that reson no one purchase coin this days stay safe.

What do you mean by no one buy coins during these days,are you referring to not to purchase the coins when the markets are down.If you are a serious investor ,the best time to enter is when the markets are down,make sure that you follow the trend and invest when it hits the bottom and that way you are sure that you will make a certain profit rather than entering when the markets are in a bull run.

[mozillaspez]

Yes, you can use bitcoin to buy other cryptocurrency, choose the one you think it's profitable, but my self prefer choose to stay trade only in bitcoin, because i always lost if i trade cryptocurrency

There are many exchanges that people can convert there bitcoins in altcoins so i would like to say that one of them is wave wallet you can easily buy other coins there are many currencies there. That people can easily buy.

[KEPLER99]

In last week's I bought some cryptocurrency  without analysis Btc situation and I paid dearly for that reson no one purchase coin this days stay safe.

What do you mean by no one buy coins during these days,are you referring to not to purchase the coins when the markets are down.If you are a serious investor ,the best time to enter is when the markets are down,make sure that you follow the trend and invest when it hits the bottom and that way you are sure that you will make a certain profit rather than entering when the markets are in a bull run.

Only a newcomer or dump trader can skip the chance of buying coins especially bitcoins when the market is down. We all know that bitcoins are the best and it is very easy to grab them when they are going through dumping stage.

Those who buy bitcoins during dump are the luckiest of the all traders because bitcoins pump very hard after every dump.

[ipanks]

In last week's I bought some cryptocurrency  without analysis Btc situation and I paid dearly for that reson no one purchase coin this days stay safe.

What do you mean by no one buy coins during these days,are you referring to not to purchase the coins when the markets are down.If you are a serious investor ,the best time to enter is when the markets are down,make sure that you follow the trend and invest when it hits the bottom and that way you are sure that you will make a certain profit rather than entering when the markets are in a bull run.

Only a newcomer or dump trader can skip the chance of buying coins especially bitcoins when the market is down. We all know that bitcoins are the best and it is very easy to grab them when they are going through dumping stage.

Those who buy bitcoins during dump are the luckiest of the all traders because bitcoins pump very hard after every dump.

i think yesterday is the right time to buy bitcoin, i saw the price is down but its bounce again and today the price is increase high. new comer will be panic if the price is down and selling their coins to make sure they don't missed the time to sell. but actually if they know that this is just correction because btc price is increase and if they can hold for a while, i am sure that tomorrow they will not disappear.

but i think today, btc price will be down again, i don't know why because my feeling said its strange if we take a look in the chart, in poloniex or bittrex, maybe its for another correction and i hope we don't missed the time to buy bitcoin again.

[jamids]

the question is in the title. Is it possible?

It's possible and I believe almost all the traders are doing it because it's possible to double or triple your account in just days investing in altcoins. Due to low volume and volatility, many altcoins are pump and dump everyday so its possible that if you have a position of a certain altcoin and it is not moving that much then there is a possibility that sooner or later it will be pump or if a coin has active developers and has a purpose then it would grow in value eventually because of its usability thus many people buy altcoin using bitcoin to grow their bitcoin amount not just its equivalent value in fiat.

[mela65]

Yes, also i want to explain another point. You can use ETH or USDT for buying altcoins. Most of exchanges have these 3 markets for buy altcoins. But Etherdelta is based only Ethereum for exchange.

[marcbitcoins]

the question is in the title. Is it possible?

It is a big yes, it is better to use bitcoin in buying the altcoins because it is the most convenient way especially if you have already keep lot of bitcoins in your wallet and also you will avoid some extra transaction fees if you use fiat or the dollar bill. Using bitcoin to purchase altcoins already exercising the art of trading which is vital to earn a huge amount of bitcoin someday.

[syaripudin]

This is very workable if you want to buy another cryptto with bitcoin in addition you can use another coin in exchange like the coin type ETH BCC and the other coin. but based on this question you seem to have not really understand about the exchange of course you have to do in the exchange is of course you must continue to monitor the development of the crypto market. this should be done so that you do not make mistakes in exchange activities in the crypto market. of course you will not get a mistake that causes losses when you do an exchange activity in crypto. this may be a little information that you can make for a lesson so you can do the activities dikripto trading the rest you can search for information with resource persons who can believe.

[FrankNoland]

the question is in the title. Is it possible?

Yes, you can definitely do that, use bitcoin to trade altcoins. I actually consider it best and easy to use compared to trading altcoins with fiat currency or tether.

[Sohailul]

Certainly you can use bitcoin to buy other crypto currencies. Even many do this same work. I also bought few days ago  some coin. Now i get some profit. So you can use bitcoin for other coin.

[no0dlepunk]

the question is in the title. Is it possible?

Have you ever tried trading in your entire life? How do you think you are going to buy altcoins anyway? Sometimes you just have to research such topics in this forum and you will definitely find an answer. Anyway, let me give you something to ponder - go to this website https://www.poloniex.com and please do yourself a favor, create an account and then transfer your bitcoins to your poloniex btc wallet. After doing it, you'll surely figure out the answer to the topic.