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Author Topic: Anyone keep their trading capital in btc?  (Read 592 times)
Cosbycoin
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May 02, 2019, 07:15:30 PM
 #41

Why not, I keep all my trading capital in btc or most of the time in stable coin, bitcoin controls the market and no matter the coin you leave your trading capital in, you might still acquire some loss if the price of bitcoin dumps, so I leave my coin in bitcoin anyways, though I didn't say everyone must leave their coin in btc, I am leaving it their because that's the choice I have made, every trader can make their own choice on where they want to leave their trading capital and no one would say anything about it since it's their choice to make.
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May 02, 2019, 08:09:48 PM
 #42

Do most people keep it in tether or usdt as oppose to btc?  Also the question refers mainly to trading altcoins right?  If you are trading btc only or ltc, then arent you going to deal with usd only mainly or usdt?
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May 02, 2019, 08:49:40 PM
 #43

Do most people keep it in tether or usdt as oppose to btc?  Also the question refers mainly to trading altcoins right?  If you are trading btc only or ltc, then arent you going to deal with usd only mainly or usdt?
I believe that mostly traders kept their capitals into btc form rather than to be a USDT or any altcoins aside from ETH. We often to see btc price keeps on moving and also it fluctuations is so high which will give us a way to generate more profits from it.  There is a huge demand in btc in which it never takes so long that our buying and selling price will be filled easily.
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May 02, 2019, 10:46:33 PM
 #44

Hi,
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
While most would say never store you BTC in an exchange site, traders will still keep an amount of BTC in their exchange site so if there's an opportunity, they have enough funds to jump in and trade. Just make sure that your account is using all possible security options available in the site like 2fa and a  strong password to make sure you BTC is safe if anyone tries to hack your account. Just pray that the site itself have a great protection against hackers.
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May 02, 2019, 10:58:22 PM
 #45

Saving trading capital in bitcoin is of course, but I chose to move it in my big wallet, as it has been talked about a lot if the exchange is not appropriate for storage, because something bad might happen like hacking. Therefore I'm sure some traders will save their trading capital to bitcoin but of course to be safer we will leave the exchange to secure the capital.

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May 03, 2019, 02:11:42 PM
 #46

Why not, I keep all my trading capital in btc or most of the time in stable coin, bitcoin controls the market and no matter the coin you leave your trading capital in, you might still acquire some loss if the price of bitcoin dumps, so I leave my coin in bitcoin anyways, though I didn't say everyone must leave their coin in btc, I am leaving it their because that's the choice I have made, every trader can make their own choice on where they want to leave their trading capital and no one would say anything about it since it's their choice to make.

BTC is simply a more reliable cryptocurrency, the leader. Meanwhile, I hold the other altcoins as well. For instance, Ethereum is supposed to pump - why not keep it for a long time?
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May 03, 2019, 06:03:16 PM
 #47

I do keep my capital exchanged into USDT. I do find this as a best practice as USDT is a stable coin. Traders with minimum investment $500, would keep their capital in USDT when trading. Would keep buying bitcoin or other coins and get back to USDT with profits.

.
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