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Author Topic: Selling Altcoins to Etherium or Bitcoin for trading  (Read 457 times)
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December 25, 2017, 12:33:34 PM
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Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?

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ss890
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December 25, 2017, 12:57:02 PM
 #2

You can choose any of them because the output is going to be same after all. You will always see the rates of ALT equal to BTC whether it’s in ETH or against any other alt too. Also if you looking forward to easy fiat conversion then you have BTC only as the best available option via your local wallet. So why not move straight into BTC.

If you go via ETH then you will have extra fees for converting from ALT to ETH then from ETH to BTC again. Which kind of long way to go. That’s what I think about the pairs.
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December 25, 2017, 02:02:59 PM
 #3

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?



my option is buy ether because next year will bumping for many reasons "POS, fast, low fee".
also if you divided it into 30% for both bitcoin and ether and result for top 10 altcoin will be better.

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December 25, 2017, 02:26:21 PM
 #4

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?


Bitcoin and ethereum are the very best cryptocurrency at this time because they were on the top ranks in the market. But if I were you, I will choose the Usd/alts because usd price is not swinging so so that we can easily determined how much money that we earned.
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December 25, 2017, 03:37:36 PM
 #5

it depends on your views about bitcoin and also about ethereum.
sometimes (right or wrong) people have different views about these coins.

i consider ethereum to be a very bad coin which should not even be worth this high. something less than $10 is what i would value for it. but you can see it is higher and even rises sometimes.

my choice is obviously bitcoin for trading and i keep the profit in bitcoin because i believe in the future of bitcoin even though at times things may not look as well.

There is a FOMO brewing...
brotherwood12
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December 25, 2017, 03:42:33 PM
 #6

in my opinion rightnow , trading to eth is more profitable , because eth platform many used on token ,  a result of that Eth price is going up time by time  and when its up 1k$  and it more felt than btc up 2-3k $

just correct me if im wrong
Manc89
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December 25, 2017, 03:52:15 PM
 #7

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?



Well, its depending what you prefer. Use eth and bitcoin are the same reason that is to get more benefit.
Anyway, i like to use fiat trading instead of etherium and bitcoin. I have fiat choice in local exchange.
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December 25, 2017, 03:55:18 PM
 #8

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?



I think now if we converting to etherium is better. Just my opinion.
Why? Because etherium is more stable like you said and the value is not so high like bitcoin and it can make its price double.
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December 25, 2017, 04:32:43 PM
 #9

Both of them are great,they have their own advantage and disadvantage.
Lately we could see Bitcoin showed us its worth by moving to this level easily,
in other words the 'ideal' way to value our portfolio should be Bitcoin instead Ethereum.
but in my opinion it is not a wise move because lately Bitcoin already made its move.
which mean it should take another decline to stabilize itself before making its move again in the future.
Ethereum is a good choice for you to store it for a short time,
because it is a bit 'stable' compared to Bitcoin itself.
but it is not a good choice to store it for a long time,Bitcoin will always make its history in the future.

in brief,
Bitcoin is an ideal way to store it for a while when Ethereum is a wise way to store it at this moment.

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December 25, 2017, 04:42:13 PM
 #10

As a piece of advice (note: this is my own technical analysis). Since theres an another approaching BTC dump coming. I would like to recommend to sell your BTC to USDT.  BTC might dump to 10k downto 8k. Make sure to buy the dip.  During the dump all alts will crash its price including its USD value. So better to jump to USDT now to save your current BTC value.

Once the dump is done. Buy the dip with BTC. Wait for BTC to fly. Its up to you if you want to Buy BTC or Alts because both of them will go up.

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?


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December 25, 2017, 04:49:28 PM
 #11

in my opinion rightnow , trading to eth is more profitable , because eth platform many used on token ,  a result of that Eth price is going up time by time  and when its up 1k$  and it more felt than btc up 2-3k $

just correct me if im wrong
Ethereum goes perfect time when the other altcoins are dumps and even bitcoin value dumped in the chart. Since I am mining my profit also increased in threshold value in the dashboard payment converts in USD.
However we will find the bitcoin cost increases in future so you will find the perfect bump and your profit increase after sometime
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December 25, 2017, 04:57:29 PM
 #12

Ethereum might be more stable than bitcoin, but you should know that bitcoin will always be the top notch crypto, so there is no way to ethereum to be better than bitcoin, doesnt matter what.

And yes, it is more stable, but bitcoin tends to increase much more than ethereum.
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December 25, 2017, 05:06:58 PM
 #13

I wouldn't trade altcoins to ETH or BTC actually. I'd rather keep altcoins or trade them to another altcoins that are in top-20 altcoins list. Bitcoin costs too much to invest in it. It's growth rate is less than altcoin's. Ethereum is good crypto, but also grows not that fast.
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December 25, 2017, 11:10:32 PM
 #14

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?



I also like you, I trade on ETH / ALT (Crypto)
However the way I count will be based on the amount of ETH that I profit.
As ETH as well as BTC are all crypto and it will be very difficult to stabilize at a certain price.
I will usually calculate more BTC / ALT, BTC / ETH to be able to optimize my ETH profit.

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December 25, 2017, 11:16:12 PM
 #15

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?


Personally I use btc where possible and that's because I believe bitcoin will increase more so than ethereum, if this changes I will transition to ethereum. The reason for this is that I aim to trade and grow my bitcoin amount. I do not concern myself with dollar amounts in the short run. Longer term if btc value goes up and I have grown my bitcoin then I have done well.

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December 26, 2017, 10:11:33 AM
 #16

During the last correction the market was not as much dependend to the BTC as it was earlier. Still, keeping the assets in BTC and ETH is a better decision for me. I do vice versa: convert alts into ETH.
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December 26, 2017, 10:55:35 AM
 #17

Hi - I'm new to cryptocurrency trading and need advice whether to trade on ETH/ALT(Crypto) or BTC/ALT(Crypto) currency pairs.

I understand the whole market is tied to Satoshi/BTC ratio and not fiat currency (expt Tether) and this is where I was making BIG mistakes when trading i.e sometimes keeping the BTC or ETH was far more valuable than converting to an Alt coin in the first place.

ETH seems more stable, my concern being that when I sell the crypto into either BTC or ETH then the value of the BTC/ETH changes and if I dont quickly buy something else then any profit diminishes. What do most people use ?

What is the ideal "store" for profit in these markets since you cannot convert to fiat currency without the hurdles of transfer costs ?


its actually the same its depends what you think is more profitable some times the price pair is not the same price in BTC and ETh so if you want to buy of course you just need to choose what is cheaper .
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December 26, 2017, 11:04:24 AM
 #18

Imo BTC will continue to rise if I were you i'll trade my alts to those. Go trade your alts to ETH you sound like you really want to but at the same time profit. One guy here already advised you to use it. The only coin that looks stable when BTC starts to dip or crash is tether so better to store your profits on tether.

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December 26, 2017, 11:05:01 AM
 #19

For me it really doesn’t matter because both Ethereum and Bitcoin are fluctuating but Ethereum is more stable than Bitcoin as of its current price. So in my opinion I don’t think you really need to sell your altcoins for as long as you don’t need the money yet and just hold on to them for some time until it reaches an amount you are targetting on.
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December 26, 2017, 11:48:39 AM
 #20

Trade in altcoyinami inside the day. So you will constantly increase your deposit in bitcoins and do not lose bitcoins at sharp jumps (if the price of altcoin falls, then sell it in the microminus). The essence of such a trade is the lion's share of time in bitcoin.
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