hack4love (OP)
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May 03, 2018, 06:40:35 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
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cryptorTUX
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May 03, 2018, 06:46:03 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
Depends what do you want to do. For instance I, myself, look more often in satoshies price or how you would say BTC price. Because not all cryptocurrencies have pairs against USDT and most others have prices against BTC. What most people do is they buy alts during the bll run and when prices are falling they tend to park their earnings into USDT. Having in mind that USDT has company behind it and thus they seem that they don't have real peg according to some sources so it is just uncertain for me. If it is easier for you then go with USDT dunno.
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Isaak Brenner
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May 03, 2018, 06:53:24 PM |
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I agree with cryptorTUX. Many exchanges don't support trading all of altcoins with USDT, some exchanges has only BTC pairs. Also some people sure that USDT it's bubble and hasn't real money. I think if you want to trade with short term you need to take profit in BTC, if you choose is long term then take profit in USD.
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dollarneed
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May 03, 2018, 07:03:52 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
Sometimes I converted my bitcoin to USDT in order to protect my asset. I might agree with you but when bitcoin's value is up then you literally earn double profit one from your altcoin's profit and one from bitcoin's profit that's why I like trade btc pairs, if the price going down honestly i didn't worry at all since I believe the price would be back soon. well as people mentioned above not all the coins that you can trade to USDT only btc-pairs.
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bitcoin.podcast
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May 03, 2018, 07:07:25 PM |
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Many traders trade in a pair of BTC-USD. But I can not say it right or not. Each person does as he is more comfortable. Each person has his own strategy.
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cryptosifu
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May 03, 2018, 07:10:05 PM |
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Not all altcoin markets offer USDT so trading with BTC is always more convenient. I always trade altcoins with BTC or Ethereums and if you want to play it safe then sell your BTC/ETH for fiat or USDT.
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Entei
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May 03, 2018, 07:21:32 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
How did you reach these conclusions that trading on BTC is not profitable? In respect to your post and comment i believe that the idea is dissociated and consequently Bitcoin is always up and down, so when buying an altcoin with Bitcoin in high the future tendency is to get more USD and finally, USD does not have a great appreciation in relation to Bitcoin. In short, no doubt BTC is better that USD in relation to the theme discussed.
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lelou
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May 03, 2018, 07:34:42 PM |
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Most of the tokens and some of altcoins aren't paired to usd and the only option left is btc and eth. It can be more profitable than trading to usd when the market is in bullish.
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hack4love (OP)
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May 03, 2018, 07:41:28 PM |
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im new new new ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) to trading my plan is to trade in bitrex in usdt market so i can give sell order if the market go down i turn my money to in altcoine to usdt is this a good strategy or i need to read more example now the market 1 eth = 1usdt and i have 100$ usdt i buy with them 100 coine now the market go up and the i earn 20$ ok i give selling order in .99 and turn my my eth to usdt if i trade with btc and the eth go dwon the btc go down coz all coines related so i lose in both ways
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nata777
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May 03, 2018, 07:44:56 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
I think that altcoins should be traded in pairs with bitcoin, since most coins are traded in pairs with bitcoin and not USDT, and later the bitcoin itself needs to be traded to USDT
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hack4love (OP)
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May 03, 2018, 07:47:49 PM |
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i right or wrong all coins prices related to each other i mean the market if btc up all coins up and if btc down all coin go down
so what the point of trading btc to altcoins
and at the end i new if i say something you feel it is stupid plz advise me and correct my information
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rickn
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May 03, 2018, 08:22:32 PM |
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It is difficult to nail a winning strategy, in fact USD, USDT, ETH and BTC pairs can be profitable or bring losses. ] Regardless of the pair chosen, what matters most is the trend of the traded crypto and the market itself
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billyj111
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May 03, 2018, 08:30:47 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
I think that there is no difference. Trade what is more convenient for you and which you measure profit. For example, I trade in bitcoin, because I buy coins for bitcoin, and I count the profit or loss in bitcoin.
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akamit
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May 03, 2018, 08:52:29 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
It is just investor's choice from which market they will enter and exit. My choice is BTC market and I always sale my altcoins for BTC and I never used USDT. The reason is, I usually don't cash out much for my daily expenses. What I'm doing is saving maximum of my earnings for future, when BTC will be unbelievably expensive and peoples cannot afford. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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crypmike
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May 04, 2018, 03:08:34 PM |
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BTC for sure Because BTC is getting more expensive relatively to USD every year, and if you will trade with USD one day you may find that your USD balance became bigger, BUT your BTC balance became lower and you finally lost a lot of potential money. I think your purpose to get as much as you can) ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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shinratensei_
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May 04, 2018, 03:15:23 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
Trade USD will be much better compared with bitcoin consider it's stable value and bitcoin has a lot of volatility. But remember USDT is having a controversion due to some parties are accusing the tether company because they were seeing the company looks like manipulated the tether supply. And not so many exchange sites are accepting USDT. I go to the bitcoin
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felixesteban
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May 04, 2018, 03:25:58 PM |
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In the long run BTC will be more profitable if the same pattern repeats itself. BTC is more expensive compared to the last year. At the end of the day It will give huge profit when the market is in bullish.
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MOProgress
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May 04, 2018, 03:32:16 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
If you want to trade altcoin, you need to study the market well before making decision of which to use, like you said if the price of BTC goes down, it will be a lost but if it goes up, you will profit.
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coin163
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May 04, 2018, 03:38:47 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
that's other demend you trade with BTC this mean you try the best to increase your btc amount you have trade with usdt mean you try to have the best value of your assets based on USD if you believe in BTC then even it go down you still can have make more in total amount of BTC to wait it increase price in future. at this time your usdt will only can buy a little amount of btc
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etin06
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May 04, 2018, 03:41:02 PM |
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if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down
It depends on what you intend to achieve. Some people trade altcoin to get more fiat while some trade altcoin to get more bitcoin. Bitcoin might not be stable put it is the best when you have the intention of having more btc.
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