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Author Topic: Do you trade altcoin with BTC ?  (Read 5593 times)
marcuslong
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September 14, 2017, 04:41:10 PM
 #61

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink
Yes i use USDT to buy BTC and then i used bitcoin to buy altcoin to make a profit this is the best way if you want to exchange or invest your money into bitcoin then use alternative coins too while you were waiting for the bitcoin price to increase , I don't usually mind the price of bitcoin as long as i earned i always manage to hold them and wait for the final price .
Cane1989
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September 14, 2017, 07:47:52 PM
 #62

yes, I'm always trade altcoin with btc. Then btc to fiat.

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omonuyak
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September 15, 2017, 04:36:09 AM
 #63

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink
Most traders trade altcoins with bitcoin because the pre setting of most of the trading exchange platforms are in bitcoin. I always do my analysis through USD because I understand the market in this way and I don't hesitate to trade along this ways because as a formal forex trading , I am very familiar with how USD market work. If you are good in bitcoin and altcoins analysis stay with it and if it's USD then you better stay with it also.
marketone
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September 15, 2017, 05:12:50 AM
 #64

Yes, most of the time I used to buy BTC to with USD and then I will start with Bitcoin because most of the exchanges directly not including the pair with USD. So most of the time I used to trade other altcoins with Bitcoin.
PokerFace3
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September 17, 2017, 06:35:50 PM
 #65

I don't trade for now, but I would love to try it from my first earning from the signature campaign this week. As I understood trading through bitcoin is more profitable, cause of it's price is raising in the long run.
Yes, trading bitcoins is more profitable than altcoins or any other coin.
Many people have tried altcoins and many still doing with it, but not so much profitable they often say. Reason is the high fluctuation in bitcoins rather in altcoin. High price make it more efficient to be traded.
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September 17, 2017, 07:22:31 PM
 #66

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink
I think most of the tradder trades alt coin with btc instead of USDT.and also l like to trade with btc.Because most of the (80%)  alt coins price updowm depends on bitcoin treand.So people can analysis market easily with btc market.And i also think that traders convert their alt coin o bitcoin to usdt when they can knew market will be down.

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HelloFox
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September 17, 2017, 09:50:58 PM
 #67

I don't right now. I'm waiting for the news to settle down.
Once the market stablizes, I will start to add positions into ETC. This seems to be the most promising altcoin.
KnightElite
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September 17, 2017, 11:22:48 PM
 #68

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink
I do long term investment and I trade altcoins to earn bitcoins. Long term investment is very effective way to earn many bitcoins. Day trading is profitable but I think long term investment is more better.
nasqar
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September 18, 2017, 12:20:10 AM
 #69

I HODL BTC so I switch between BTC and Fiat, it is the safest one.

I also trade others in some proportion as the movement of other altcoins are more than BTC
v0rtecxz
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September 18, 2017, 01:54:20 AM
 #70

yes I often exchange bitcoin with altcoin to start trading, by utilizing price fluctuations we can get a quick profit but in trading all its not necessarily according to what we expect, because of high risk but also can mengahasilakan big and quick profit
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September 18, 2017, 02:12:24 AM
 #71

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink


Well, I do trade with altcoins to bitcoins and bitcoins to altcoins. Because it is much more easier for someone like me whose country isn't that open for crypto currencies just yet. I also don't have abank account so it becomes even harder for me.  So I just work my way up in joining bounties, signature campaigns and try to save a lot to trade and circulate the money with buying and selling and doing short-term trading together with long-term(but only with coins that I really trust and see potential). And if I need money, that is when i convert to fiat.
SamsungBitcoin
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September 18, 2017, 03:02:41 AM
 #72

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink


Well, I do trade with altcoins to bitcoins and bitcoins to altcoins. Because it is much more easier for someone like me whose country isn't that open for crypto currencies just yet. I also don't have abank account so it becomes even harder for me.  So I just work my way up in joining bounties, signature campaigns and try to save a lot to trade and circulate the money with buying and selling and doing short-term trading together with long-term(but only with coins that I really trust and see potential). And if I need money, that is when i convert to fiat.
I do that before but i am too greedy and some of my capital will lost because lots of the altcoin that i buy will lost their volume and turn to scam coin.
Now i only do is bitcoin to fiat and fiat to bitcoin and i am happy with the result every time i trade because i see that my bitcoin will increasing and i earn good amount of income.
I dont want to risk my bitcoin again by investing to altcoin.

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ss890
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September 18, 2017, 03:10:30 AM
 #73


Yes, most of the time I used to buy BTC to with USD and then I will start with Bitcoin because most of the exchanges directly not including the pair with USD. So most of the time I used to trade other altcoins with Bitcoin.



In fact all the exchanger will have platform to trade BTC/ALT trades because that's the only pair which people think is best one. Trading usd against altcoin is worst one because the market looks so dumb in that way. It just doesn't feel like trading. On top of this we also have to be more towards bitcoin because this gives us quick conversion from one coin to another plus we can send the coins anywhere immediately.

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September 18, 2017, 03:29:55 AM
 #74

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink
I honestly do both, trading altcoin using bitcoin and fiat. I always compare the price if do trade by using btc and fiat, if one of them give advantage then i will choose it.
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September 18, 2017, 04:09:06 AM
 #75

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eastwind_ja
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September 18, 2017, 05:32:33 AM
 #76

yes ,  most  people trade  altcoin with BTC,  or  trade  altcoin with eth , ETC, LTC.     you  can   change  any   altcoin   to  these  main  cryptcurrency.

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September 18, 2017, 06:11:25 AM
 #77

yes ,  most  people trade  altcoin with BTC,  or  trade  altcoin with eth , ETC, LTC.     you  can   change  any   altcoin   to  these  main  cryptcurrency.

Well for me I usually trade with btc and eth. It's the most convenient way for me to trade because many exchanges are accepting this but I'll check first the exchanges if what is the most reasonable to use. Then after trading I convert it again to bitcoin or eth.

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September 18, 2017, 06:22:43 AM
 #78

yes ,  most  people trade  altcoin with BTC,  or  trade  altcoin with eth , ETC, LTC.     you  can   change  any   altcoin   to  these  main  cryptcurrency.

Well for me I usually trade with btc and eth. It's the most convenient way for me to trade because many exchanges are accepting this but I'll check first the exchanges if what is the most reasonable to use. Then after trading I convert it again to bitcoin or eth.

Yeah usually we people exchange the altcoins to eth and bitcoin by converting to that digital coins to sell it out for their preferences. For altcoins we do not find n number of exchanges but for bitcoin and ethereum it is possible to find huge numbers. Please do holding the bitcoin, eth and other altcoins because price is moving up again.
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September 18, 2017, 08:01:32 AM
 #79

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink


Altcoins only. As far as I know you need to register your bank or card to be able to deposit and use fiat to buy btc/altcoins. I want keep my anonymity so I'm staying with altcoins to btc trading.
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September 18, 2017, 08:54:17 AM
 #80

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink
Usually I do transactions using Bitcoin, because I think doing transactions using Bitcoin makes me easy and simple. I make a transaction using fit only when I do not really have Bitcoin.
Using btc is really a convenient way to do transactions,yet we should minimize using btc since it is much better for saving purposes or for investing and holding since its value can rise anytime soon.

You have rightly said. The value and worth of Bitcoin is far more than Altcoin or any other coin. Trading at the cost if BTC, will not be a good option in my point of view. You need to hold you Bitcoins instead of spending them in trading for other coins, there is no other coin in the world of Crypto currency which is more valuable than Bitcoin.
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