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Author Topic: trading btc pairs / USDT ?  (Read 266 times)
GimmeCoins (OP)
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July 24, 2018, 06:02:51 PM
 #1

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 
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butka
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July 24, 2018, 06:15:28 PM
 #2

What pairs are you trading to make more BTC? 
You can take any pair you like and make money. You can trade BTC/USDT or some other ALT/BTC.

I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
You can take advantage of bitcoin's volatility with pretty much any pair. You don't have to wait for an alt to outperform bitcoin, as this will likely never happen. But you can still trade the corresponding pair. Just take a look at any ALT/BTC chart, and you will see uptrends and downtrends and that's all you need to make profit. 
GimmeCoins (OP)
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July 24, 2018, 06:40:26 PM
 #3

Thanks for your reply.  I have been dabbling in trading alts/bitcoin for about a year.  My question is whether it would be fruitful to trade btc for tether, since tether is relatively $1, give or take.   Ex: The value of "X"altcoin is in the green(profit) now that BTC has risen, but the altcoin is selling for less satoshis than when I bought it.  I may be up in dollar value, thanks to btc moving, but has a lower btc amount.  Make sense?
cryptoking1981
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July 24, 2018, 07:21:30 PM
 #4

Trading BTC/TETHER


is like buying and selling BTC with FIAT (euro/usd/gbp/yen/yuan etc)

You are using tether, a substitute for the dollor BACKED by a PRIVATE COMPANY, rather than conventional FIAT currency.

You need to be aware tether is backed by a private company, so carries some risk, ie if the company was to cease trading.

Many traders only trade btc/tether or btc/TUSD (trueusd) or OTHER ALTS/Tether

You can trade BTC with FIAT pairings directly if you prefer as do, on exchanges like Bitfinex/Kraken plus a few others, so you skip the use of tether completely.
coinscircle
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July 24, 2018, 08:13:20 PM
 #5

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 
I think that with the market fluctuating continuously and the price of altcoin is constantly decreasing as at present time, I believe you should only invest in bitcoin. You can see that the price of bitcoin in the past few days has been increasing and is now adjusted at $ 8200. In the medium term, the price of bitcoin will continue to increase, so this time you should trade bitcoin.
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July 24, 2018, 09:26:08 PM
 #6

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 
You can see that the market in recent days are showing signs of strong recovery, the price of bitcoin is constantly increasing and at the moment has reached 8300 $. According to my analysis, the price of bitcoin will continue to increase strongly in the future, so at this time you should only short-term investment and bitcoin.
VitKoyn
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July 24, 2018, 09:35:21 PM
 #7

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 
USDT/BTC pairs are for people that don't want to cash out their Bitcoin while the market is down, but it doesn't make any difference with USD/BTC or fiat to BTC. Buying or trading altcoins doesn't need to outperform Bitcoin to make profit it just need to gain more value for you to make profit because they have their own markets. In trading you also can't rely on just one pair or cryptocurrency to trade, because not every trade you do on that pair you will make any profit, maybe yes but you will have to wait long. I trade depending on my research about the current status of a specific coin and of course if the price went down I'll also consider that but not all cryptocurrency that went down will recover so be careful on choosing a coin to trade.
richardsNY
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July 24, 2018, 10:05:48 PM
 #8

You need to be aware tether is backed by a private company, so carries some risk, ie if the company was to cease trading.

It carries a lot of risk, especially if Tether at some point implodes, which is only a matter of time. People need to realize that Tether is practically a token without value -- you can't cash out to fiat unless you are kissing Bitfinex's ass and comply with their policies. And then you need to hope that they will actually let you cash out to fiat. Tether is one way traffic. It pumps capital in the market and that's it. They take supply out of circulation from time to time, but we don't know if that's because investors are cashing out. In case Tether for whatever reason implodes, there is no one but yourself to blame for using it. Exchanges won't refund you, even not those who claim to have their crypto assets insured.
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July 24, 2018, 11:49:01 PM
 #9

Never be greedy. An experienced trader will never strive for great volatility in order to get money as soon as possible. It is better to think again about investing in altcoins, because they can also very well earn money trading in tandem with USDT.
metribitcoin
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July 25, 2018, 01:42:43 AM
 #10

To make more BTC you should be trade that your BTC with altcoin, and for the pair BTC/USDT is only  to increase amount of USDT. Trade on pair BTC with altcoin should be by short trade because when BTC going up possible the price of altcoin going down. Others option is trade crypto on MT4 platform that allow deposit by BTC, like FX Open and Simple fx , in these broker we can increase amount of BTC by trade on pair BTC/USD.
FerrisWheel
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July 25, 2018, 02:38:33 AM
 #11

Well if you are planning to stay in this space for short/medium term you should buy the fiat paired.

But if you planning to HODL and I mean really hodl, then you should buy btc paired.
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July 25, 2018, 03:52:41 AM
 #12

i think good to btc trading my all trading is btc pair
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July 25, 2018, 06:00:50 AM
Last edit: July 25, 2018, 06:16:39 AM by LbtalkL
 #13

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road.  
Thanks in advance.  
Other traders use USDT to preserve their holdings value when the market is down but this usdt has some rumor and bad review Even though it has negative review some are still using it, usdt is used on some top 10 exchanges. There is a new stable coin review it for yourself but it is available on 1 exchange right now https://coinmarketcap.com/currencies/nusd
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July 25, 2018, 06:39:40 AM
 #14

What pairs are you trading to make more BTC?
altcoins!
they get pumped and can give you a lot of profit in a short time only if you know how to take advantage of a pump. and also not get dumped on.

Quote
Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?
no it is not.
as long as you can trade real-fiat/BTC then there is no reason to use USDT. you use tether when you don't have access to real fiat markets like USD, EUR, JPY,...

Quote
I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
altcoins will never outperform bitcoin. what they do is that they have huge pumps that are mistaken with "outperforming" and these pumps last a very short time because they are fake and will get dumped. so if you can only stick around during their pumps you can increase your bitcoin by a lot. but it is hard.

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July 25, 2018, 04:34:38 PM
 #15

but buying alts and waiting for them to outperform bitcoin is a long road.

no offense, but I think the altcoins are the right way to increase your bitcoin

Ex: The value of "X"altcoin is in the green(profit) now that BTC has risen, but the altcoin is selling for less satoshis than when I bought it.  I may be up in dollar value, thanks to btc moving, but has a lower btc amount.  Make sense?

Yes, Make sense, but you forget that when the altcoins recede in relation to bitcoin, you get more bitcoins and if the price of bitcon is very high, then you will have a lot more profits. Is a risk that you run because it requires a lot of patience and depends on the development of altcoin, but if it is a good project you will have a lot of profit in the long term



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July 25, 2018, 04:58:26 PM
 #16

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 

Using BTC/USDT could help you making small profits regularly from same amount of investment but there is one drawback. You couldn't get bigger return!
The most important reason why people invest in cryptocurrencies is dramatically high returns that people could earn. But stagnating investment by shifting it to USDT will make your investments idle for longer than you thought and you may miss bigger opportunities and settle for lower profits more often.
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July 25, 2018, 05:08:55 PM
 #17

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 

Using BTC/USDT could help you making small profits regularly from same amount of investment but there is one drawback. You couldn't get bigger return!
The most important reason why people invest in cryptocurrencies is dramatically high returns that people could earn. But stagnating investment by shifting it to USDT will make your investments idle for longer than you thought and you may miss bigger opportunities and settle for lower profits more often.

Why small profit? That depends from range between the price you bought and price when you sold. Usdt isn't relatively stable it's stable and 1 usdt is equivalent to 1 dollar. I will explain that with simple example you plan to trade with 1 bitcoin, if you think that price will drop you sell whole bitcoin for usdt, when price drops you buy again and now you have more bitcoins, you wait for price to rise. When price rise you sell for usdt and wait new drop, every time you should have more bitcoins and with that more money, that is shortage, but don't think that this strategy always works, it works just sometimes. As you can see usdt is good when you wait price to drop, but to not sell for dollars and pay many fees you use usdt.

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August 28, 2018, 02:17:47 AM
 #18

Actually  now price of altcoin more high volatility than Bitcoin and for BTC the price still stagnan, and this is good times to trade BTC with altcoins, many price of altcoin dumped hard and now try to back to going up, so to trade on the pair BTC with altcoin is good choice to earn more BTC and for the better doing short trade because anytines BTC can be bull run.

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August 28, 2018, 03:54:19 AM
 #19

I searched for a while and couldn't find what I was looking for.
What pairs are you trading to make more BTC?  Is USDT/BTC the best option to move in and out of bitcoin since USDT is reasonably stable?  I want to take advantage of bitcoins volatility, but buying alts and waiting for them to outperform bitcoin is a long road. 
Thanks in advance. 
By using USDT or other stable coin either you can make decent amount of bitcoins or it will go in just upside down because the price of bitcoin is highly volatiles so if the bitcoin were moved too fast in short span you will lose the amount in terms of bitcoin but you can buy later the amount of bitcoin for the same worth in USD.
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September 17, 2018, 02:50:25 AM
 #20

There alot of way to increase amount of BTC, like trade BTC with altcoin on the crypto exchange and also trade others asset like forex, commodities, stocks because now many broker allow to make deposit by Bitcoin to trade that all assets, for example : 1broker. And also we can increase the BTC balance by doing binary option trading because one of the broker alow to make deposit by use crypto, that is binary.com

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