Will you trade Bitcoin to buy Altcoins?

[worle1bm]

Why not? Its good to diversify your investment in the most profitable alts and according to me this is the best time to invest as prices are far away down.You can partially cut down your total investment from btc to invest in coins like ETH,TRX,LTC,XRP if you do not have sufficient or extra funds with you.

[drumamat]

Yes, I'm partially change my ETH and bitcoin in order to invest in the different ICO campaigns, but big percent it's main coins

[Faxmate]

Yes.If the price of Bitcoin is maximum.I will convert my holding bitcoin into the trusted altcoin.Then holding both the remaining bitcoin and altcoin for my future.If the price increase,it will good news for the holding people.We can easily convert Bitcoin into Altcoin.

It seem always better to hold more bitcoin s or tether when the market is struggling (as it currently is). A mere 10 percent drop on the price of bitcoin  will  often lead to  up-to 15-20 percent drop in the value of most altcoins

Agree with you it is best time to hold bitcoin, thinking about holding altcoins is not a wise thinking and good planning, bitcoin is king of all altcoins, so how can you trade king to buy the slaves, hold your bitcoin don’t think about trading right now in this situation, infect you should buy more than making this wrong decision of trading bitcoin for the sake of altcoins, bitcoin falls 20% at single dip but it rise more than 50% with each pump.

[elpape225]

OptiToken gonna moon hard on open in 2 weeks

[ahiaba.john@yahoo.com]

This could be a very good strategy to make it very big in cryptocurrency. Information like this is very helpful to some of us that new in the market of cryptocurrency and that will increase our change to among to those that have much gain in future. Good strategies!

[htconem7]

I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.

It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.

Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.

But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.

After all it is important we make money on a regular basis apart from the long term investment isn’t it so?

I think that at this point you can make a lot of profit from the altcoin trade, you can see that bitcoin prices have been rising steadily in recent days and that has led to the price of altcoin. The hiring is very strong, so the altcoin trade at this point of risk is very low and you will be able to earn very high profits. Or always have a specific transaction plan and always put stoploss.

[bncbnc]

Yes.If the price of Bitcoin is maximum.I will convert my holding bitcoin into the trusted altcoin.Then holding both the remaining bitcoin and altcoin for my future.If the price increase,it will good news for the holding people.We can easily convert Bitcoin into Altcoin.

It seem always better to hold more bitcoin s or tether when the market is struggling (as it currently is). A mere 10 percent drop on the price of bitcoin  will  often lead to  up-to 15-20 percent drop in the value of most altcoins

Agree with you it is best time to hold bitcoin, thinking about holding altcoins is not a wise thinking and good planning, bitcoin is king of all altcoins, so how can you trade king to buy the slaves, hold your bitcoin don’t think about trading right now in this situation, infect you should buy more than making this wrong decision of trading bitcoin for the sake of altcoins, bitcoin falls 20% at single dip but it rise more than 50% with each pump.

Wise people always divert their investment from one place to another, if you are not getting a good money from bitcoin, then a lot of altcoins are there where even by investment a small amount of money one can make a good profit, the only problem is to recognize and select a good place for your investment and which you can do after getting some experience in crypto market.

[zhelis74]

Yes.If the price of Bitcoin is maximum.I will convert my holding bitcoin into the trusted altcoin.Then holding both the remaining bitcoin and altcoin for my future.If the price increase,it will good news for the holding people.We can easily convert Bitcoin into Altcoin.

It seem always better to hold more bitcoin s or tether when the market is struggling (as it currently is). A mere 10 percent drop on the price of bitcoin  will  often lead to  up-to 15-20 percent drop in the value of most altcoins

Agree with you it is best time to hold bitcoin, thinking about holding altcoins is not a wise thinking and good planning, bitcoin is king of all altcoins, so how can you trade king to buy the slaves, hold your bitcoin don’t think about trading right now in this situation, infect you should buy more than making this wrong decision of trading bitcoin for the sake of altcoins, bitcoin falls 20% at single dip but it rise more than 50% with each pump.

Yes, holding bitcoin is good because we know that bitcoin is the most promising coin even since in history of crypto but in terms of trading I usually used my portion of bitcoin to buy those have profit potential altcoins, because as a trader I should have to grab all chances to gain even on its smallest profit.

[chikading2016]

Yes.If the price of Bitcoin is maximum.I will convert my holding bitcoin into the trusted altcoin.Then holding both the remaining bitcoin and altcoin for my future.If the price increase,it will good news for the holding people.We can easily convert Bitcoin into Altcoin.

It seem always better to hold more bitcoin s or tether when the market is struggling (as it currently is). A mere 10 percent drop on the price of bitcoin  will  often lead to  up-to 15-20 percent drop in the value of most altcoins

Agree with you it is best time to hold bitcoin, thinking about holding altcoins is not a wise thinking and good planning, bitcoin is king of all altcoins, so how can you trade king to buy the slaves, hold your bitcoin don’t think about trading right now in this situation, infect you should buy more than making this wrong decision of trading bitcoin for the sake of altcoins, bitcoin falls 20% at single dip but it rise more than 50% with each pump.

Yes, holding bitcoin is good because we know that bitcoin is the most promising coin even since in history of crypto but in terms of trading I usually used my portion of bitcoin to buy those have profit potential altcoins, because as a trader I should have to grab all chances to gain even on its smallest profit.

Well everyone has its own way of gaining a huge amount of profit. I believe that trading bitcoin to buy altcoin is amazing. We can really earn a lot of we do this kind of ways. But we need to make some limit regarding on buying such altcoin. Maybe we should do it halfway to avoid big loss of ever we are not lucky about it.

[znaneswar]

Crypto currency is volatile so we can't say everytime we get loss or profit. But day trading needs experience at beginner level it's very hard. And trading alts with Bitcoin is bit better because all alt coins follow BTC.

[jasonjm]

Crypto currency is volatile so we can't say everytime we get loss or profit. But day trading needs experience at beginner level it's very hard. And trading alts with Bitcoin is bit better because all alt coins follow BTC.

I think this is a risky deal as alts do not necessarily follow the bitcoin trends. Profit margin in bitcoin is also higher compared to crypto investment. But if you have enough experience to predict the market trend then definitely you can earn a lot through altcoin investment.

[kenel]

if you have another income, then in cryptocurrency you can be a long-term investor. but I can see trading in relation to bitcoin is very interesting. you only need to distribute trades for 2-3 coins, if there is more, then you will not keep track of them

[Early2000sThrowback]

I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.

It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.

Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.

But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.

After all it is important we make money on a regular basis apart from the long term investment isn’t it so?

It works almost the same way you have described. The market is volatile and currently, right now is the best time to buy cryptocurrency, because we have the market on its lowest positions ever, in comparison to other years. Thus, when you gonna buy any coin right now, you won't lose a dime and in couple of weeks or  months you'll be able to sell them. Or the best way you can make money without getting stressed is to find an adequate ICO and invest there some funds and wait until these tokens skyrocket. For example I have invested recently in a project which is called Cryptics - these guys have developed a platform that is capable to predict the price of different cryptocurrencies with high accuracy rate, I understood that this technology is promising and have invested there couple of ETH:) And I'm eagerly waiting for the next year when i'm gonna sell these tokens.

[acener]

I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.

It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.

Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.

But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.

After all it is important we make money on a regular basis apart from the long term investment isn’t it so?

I think not, I won't trade my bitcoin for altcoims because I believe that bitcoin has it's own unique characteristic that would provide me a good gain in the future. I think it is better that I'll trade my altcoin for bitcoin because bitcoin has provided me a good profit already and I think that it won't fail me.

[GDragon]

That's a good idea to make it more productive. As we all knew bitcoin seems to be stable so it is good idea to sell a little amount of bitcoin and try short trading. Actually we are on the same position and I believe it would be good idea if you do my strategy.

[untugede]

Crypto currency is volatile so we can't say everytime we get loss or profit. But day trading needs experience at beginner level it's very hard. And trading alts with Bitcoin is bit better because all alt coins follow BTC.

I think this is a risky deal as alts do not necessarily follow the bitcoin trends. Profit margin in bitcoin is also higher compared to crypto investment. But if you have enough experience to predict the market trend then definitely you can earn a lot through altcoin investment.

to be able to understand the market trend of crypto is certainly not easy for everyone, especially for newcomers in crypto, especially nowadays it is very difficult to be able to predict the market well and correctly, the market today is very difficult for us to predict, we better invest in bitcoin I think is safer and less risky, just as we invest in altcoins that let's say we're really right and right we'll get big profits, but suppose we're wrong of course we have to be prepared with big risks too.

[West0813]

Sometimes i do that. I trade bitcoin for ethereum. Because this altcoin has the potential to be the no. one coin in the market. It is risky but. I believe in ethereum.

[lelahkenabanned]

it seems that I prefer to trade altcoin rather than trading bitcoin because with altcoin I can get a lot of profits and altcoin prices are also still very cheap so can get a lot of profit.

[liuqi]

Sometimes i do that. I trade bitcoin for ethereum. Because this altcoin has the potential to be the no. one coin in the market. It is risky but. I believe in ethereum.

Your way of thinking is long term but this dip we can move to good profitable investment because good traders plan for the current situation then only we will earn more profit in short time. But you only believe in Ethereum you can stay here otherwise you must analyse the profitable and potential project.

[ModGirl]

Crypto currency is volatile so we can't say everytime we get loss or profit. But day trading needs experience at beginner level it's very hard. And trading alts with Bitcoin is bit better because all alt coins follow BTC.

I think this is a risky deal as alts do not necessarily follow the bitcoin trends. Profit margin in bitcoin is also higher compared to crypto investment. But if you have enough experience to predict the market trend then definitely you can earn a lot through altcoin investment.

Yeah it is good to keep on trusting on bitcoin because trading your bitcoin to get money for altcoins is definitely foolish decision, as one of my friends do buying some altcoins and trust me he is regret of buying them because all of them are useless and scam, I am bitcoin investor and I only trade in bitcoin to increase my money so that I will be able to buy some more bitcoin, so I am not in favor of selling bitcoin to buy altcoins.