Altcoin Trading

[Rashid555]

If you are used to crypto market then the trading is good for you to start the bitcoin and altcoin trading all of them are good to take a start the fee for trading is also reasonable and if the governments start the businesses over the internet then the crypto currencies will be more valuable and all the altcoin prices will also high with this strategy and it is said that in the year 2018 the businesses will start online payments then the crypto currency will also a big role in the society to fulfill the people needs.

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[iv4n]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks!  

I know it can be confusing to start trading with bitcoin, but your example was correct, however when you invest bitcoin we need to look at the earnings in bitcoin, so investing 1 BTC in an alt and then getting 1.2 BTC means you multiplied your holdings even if the price of bitcoin went down, I know that many care more about the price in dollars and there is nothing wrong with that but if you invest bitcoin the most important thing are your bitcoin profits.

He is correct, you are correct, but you need to see a bigger picture here. You have 1 BTC and that is 10k dollars, what you wish to have more in couple weeks? Everyone should know that first, wbitcoin final goal. Market is working all the time, if you wish to make more bitcoins you do that by investing in some alts or icos, but then you move dollars on a side, you watch prices in bitcoins and pairs with bitcoin. If you wish more dollars you watch pairs with dollars. Its different topic what will go up or down, and other predictions, what is important is that you need to know what you wish and to know where to watch to get what you need more.

[Casabrandy]

If you are used to crypto market then the trading is good for you to start the bitcoin and altcoin trading all of them are good to take a start the fee for trading is also reasonable and if the governments start the businesses over the internet then the crypto currencies will be more valuable and all the altcoin prices will also high with this strategy and it is said that in the year 2018 the businesses will start online payments then the crypto currency will also a big role in the society to fulfill the people needs.

Many companies especially in Japan are starting to paid their employees thru bitcoin, and I think its good idea since the value rises over time, its an instant investment. As well the availability of it to be adapted is way easy too there are ICO that uses blockchain system for a proper distribution of funds.

[Dart18]

Well your English is way too easy to understand than others. Good effort.

Same thing happens withe the altcoin you will buy. They also fluctuate in USD value. Actually almost every coin except the dead ones and Tether which is one is to one USD.
Now, you will just have to wait for bitcoin to line up again with the price you have bought it then you could withdraw if that is your choice or wait for it to fluctuate up, if ever it will happen. I am not suggesting it for I dont want you to blame me if something horrible happens.

[Ayiranorea]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 

You've understood better about trading, to overcome the loss happening with time traders use different strategies and avoid the losses. This is the responsibility of the trader, while few traders just have patience and hold it and spend only when the price increases as expected.

[pinky]

Altcoin trading can be risky and it is not suitable for everyone. Be careful when you try to swim in waters that full of sharks Pump and Dump can destroy whole concept of project because investors are loosing the confidence in this price range.

[kamaevoleg]

Yes you are right about that. But as coolcoinz mentioned, only if you want to have more fiat money at the end of the day. In my opinion BTC value will rise vs Fiat year by year so you do not have to worry about the dips meanwhile. I think you are on the right path to success. 

[Viriatu]

You got it right, but that is only when your goal is to ultimately have more USD. I'm trading against BTC to ultimately have more of it, regardless of its fiat value. I'm doing so with all my all my airdropped and forked coins. I'm not focusing on trading Bitcoin for fiat but on trading altcoins for Bitcoin, so I'm mainly interested in how the alts are holding against it. To be honest, if you're trading cryptocurrency pairs for BTC not tether or fiat, it's hard to keep track of your fiat profits. I have no Idea how people manage to do both on a daily basis. 

I could not say it better this idea of not looking at the numbers is just simple to some but i now see not all people think this way... its hand in pai with the raise in pop and news and social references.... interesting how ideas of value are so different.

[eagleman]

I guess you have gained answers already and you understood it correctly on how you are losing and earning on altcoin --> bitcoin trading.

Altcoin trading can be risky and it is not suitable for everyone. Be careful when you try to swim in waters that full of sharks Pump and Dump can destroy whole concept of project because investors are loosing the confidence in this price range.

You're not helping though, what project are you talking about? He's just asking about the logic of his profits and the way it will lose when value goes down.

[Rose119]

I guess you have gained answers already and you understood it correctly on how you are losing and earning on altcoin --> bitcoin trading.

Altcoin trading can be risky and it is not suitable for everyone. Be careful when you try to swim in waters that full of sharks Pump and Dump can destroy whole concept of project because investors are loosing the confidence in this price range.

You're not helping though, what project are you talking about? He's just asking about the logic of his profits and the way it will lose when value goes down.

Maybe she's just telling the truth, well we all know that trading is risky, and before we start we need to know first everything we can face If we do it, all i can say is before you start trading try to control first your emotions, because you can easily panic in the first time you do it.

[nicolas1979]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 

Really true, your mindset is right. I'll do what the people do to make money, never sell when the price go drop or just come back into beginning. We trade/ invest to make money and our asset ( time, fund )should become profit. But now I try to understand old pattern about " split " money into some coins, so if one coins get drop maybe I can get from another one. Good luck with you.

[Botnake]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 

Really true, your mindset is right. I'll do what the people do to make money, never sell when the price go drop or just come back into beginning. We trade/ invest to make money and our asset ( time, fund )should become profit. But now I try to understand old pattern about " split " money into some coins, so if one coins get drop maybe I can get from another one. Good luck with you.

Our enemy here is our weakness in managing our emotion, if we are educated enough and we know what we are doing, we should stay strong in holding.
It's volatile and the price will pump and dump for many reasons but always believe that there will always be the right time to sell for a profit.

[BlueStackz]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 

First of all, when you’re investing into Bitcoin, your plan is not to make more Bitcoin or to make more altcoins, what comes to your mind first is to make more dollars right? So if you bought Bitcoin as the rate of $10,000 and it happened that it dropped to the rate of $9000, as of then it is at the rate of $9000 you are making loss.

But it when it gets up to $12,000 you’re making profit. That’s it. I don’t know my answer gives you what you want to learn…. If not, I hope someone else explains better.

[canaveralnonie]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 

That is not a complicated computation for me, but you explain it more complicated I think. If you bought altcoins, just stick the computation in your altcoins, not in btc first. for example 10,000 = 1 btc ( as you said ) , then other day 9,000 altcoins = 1btc ( where are the 1000 altcoins? ) , better if you said 1000 altcoins = 1.2 btc ( this is you get profit, right? ) . So the 1.2 btc = 12 000 altcoins is not exist folks, you still have 10 000 altcoins that is equal to 1.2 btc. Because the one that you count is the currency/value of altcoin, not the bitcoin. When in comes of trading, you gonna count the value of altcoins and bitcoin too. Cause that two is volatile when in comes of currency. Hoping that I help you ( but I think, I add another riddle to you, lol )

[yvesp110]

You got it right, but that is only when your goal is to ultimately have more USD. I'm trading against BTC to ultimately have more of it, regardless of its fiat value. I'm doing so with all my all my airdropped and forked coins. I'm not focusing on trading Bitcoin for fiat but on trading altcoins for Bitcoin, so I'm mainly interested in how the alts are holding against it. To be honest, if you're trading cryptocurrency pairs for BTC not tether or fiat, it's hard to keep track of your fiat profits. I have no Idea how people manage to do both on a daily basis. 

Agree. It is more simple if we always trade alts against BTC.

In the fact, there are many persons want to make so called Real Profit, then they can calculate the Profit against USD or USDT, it is also simple.

Yes, when I started trading as well it makes me confused about how I am going to compute if I already gain or not since bitcoin price vary from time to time, but through analyzing and experience I had eventually have my own computation, it is hassle actually and needs a lot of patience and your time.

That is the point. In order to get benefit out of bitcoin trading, a person must first fully understand the advantages and disadvantages of this currency. That is only possible if he would learn things by himself. The best is to do research by your own. In this way, an investor can discover minor details also. Trading is a risky profession and bitcoin is the most fluctuating digital coin. It is a difficult job but beneficial also. Patience is the key to success.

[djselery]

I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 

The prices of crypto currencies in general are volatile, including BTC and altcoins of course. Trading altcoins with BTC is the most used and famous method, but firstly you need to make your plan, and to determine your goals . If you re going to hold BTC for long time, the price volatility will not affect you hardly, because the price will go up sooner or later.

[angrynerd88]

Altcoins are best option for trading,Before trading just be careful invest in profitable coins having stable market and do not invest at one place.Many stable coin now cheaper but in future it will grow more.For trading any coins have fluctuation of price which are best for trading.

[eagleman]

I guess you have gained answers already and you understood it correctly on how you are losing and earning on altcoin --> bitcoin trading.

Altcoin trading can be risky and it is not suitable for everyone. Be careful when you try to swim in waters that full of sharks Pump and Dump can destroy whole concept of project because investors are loosing the confidence in this price range.

You're not helping though, what project are you talking about? He's just asking about the logic of his profits and the way it will lose when value goes down.

Maybe she's just telling the truth, well we all know that trading is risky, and before we start we need to know first everything we can face If we do it, all i can say is before you start trading try to control first your emotions, because you can easily panic in the first time you do it.

Trading no doubt is a risky thing, there's no investment that is not risky.
Controlling of emotion will just come afterwards when you are already there so if you think that is the right thing to do, then follow your own will.

[ajqjjj]

For newcomer in altcoin trading for the better trade in crypto paired with USD so will be more easy to trade and to calculate profit/loss. When we are trade in paired BTC with altcoin is more difficult to trade because we should be make analysis in 2 different price.

Beginners are not suit for the trading because they don't know anything in trading strategy so better invest in long term holding is the right way to earn more profit in cryptocurrency. Your suggestion is good but familiar people only survive this platform.

[milewilda]

For newcomer in altcoin trading for the better trade in crypto paired with USD so will be more easy to trade and to calculate profit/loss. When we are trade in paired BTC with altcoin is more difficult to trade because we should be make analysis in 2 different price.

Beginners are not suit for the trading because they don't know anything in trading strategy so better invest in long term holding is the right way to earn more profit in cryptocurrency. Your suggestion is good but familiar people only survive this platform.

You are mainly underestimating people when it comes to trading and come to think of that those professional persons you do said are once a newbie before which means everyone can freely start up on engaging theirselves on doing trading.Its true that it isnt easy at all but would really depend on how serious you are on learning it.Its not really necessary for you to discourage someone who do like to trade because he dont have any knowledge.We do always start without any having idea in a certain thing.