Trade with USDT or BTC?

[BitcoinHunt3r]

I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.

Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very
carefully.

We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.

Between USD and BTC have benefit when trading but I think we earn much profit if trade with bitcoin, USD price look stable and never change with higher or lower price where we only get profit from our coin price only when trading, but using bitcoin as trading peer we can get double profit not only with coin have higher price but when bitcoin up we got double profit too.

Stablecoin like USDT maybe, will work like to save our investment in bear market. I read maybe a thread in this forum when people discuss what function of stable coin  or maybe how stablecoin can make us safe in bear market. Maybe it function will more work in that way and trading need volatile so people can take profit. And bitcoin is a good coin to do trading.

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[Rengga Jati]

I prefer to choose BTC since I probably have higher gaps between the buying price and selling price. Even if it means there is a chance to earn big profits or big losing. USDT price tends to always stable, while BTC price can go up or down suddenly. In my opinion, USDT is the right coin to keep our money, while BTC is the right coin to trade or invest our capital.      

[CodyAlfaridzi]

I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC  pairing during bull market or USDT pairing in bear market? I need a suggestion from community.

I don't think it would make any difference with your trading performance. You should focus on developing your trading knowledge, peek into successful trader strategy, and learn risk management. About pairing, I personally prefer BTC because I don't want to use USDT and I mostly trade in Bitmex which only uses BTC but it has nothing to do with losing or winning.

[mrAlexRoyce]

I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.

Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very
carefully.

We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.

Between USD and BTC have benefit when trading but I think we earn much profit if trade with bitcoin, USD price look stable and never change with higher or lower price where we only get profit from our coin price only when trading, but using bitcoin as trading peer we can get double profit not only with coin have higher price but when bitcoin up we got double profit too.

Stablecoin like USDT maybe, will work like to save our investment in bear market. I read maybe a thread in this forum when people discuss what function of stable coin  or maybe how stablecoin can make us safe in bear market. Maybe it function will more work in that way and trading need volatile so people can take profit. And bitcoin is a good coin to do trading.

USDT may have troubles because SEK can influence their business. But the idea of stable coins is really good and brings us an opportunity not to leave crypto market when bears win. Earlier we had to move into fiat to fix positions. But now we don't need!

[jerry0]

When you do usdt, you are paying an extra 2 fees right when selling it for real usd?  Example you send btc to binance.  You sell it for altcoin.  Then sell it for btc and then sell it for usdt.  Then say you want to cash out to bank account, you need to sell the usdt to btc on binance... then send the btc to coinbase/gemini or bitstamp and then do a bank transfer ach right?



Does binance allow you to cash out directly to bank transfer like ach or wire transfer?

[luckyflop]

If you believe in the future of BTC and believe that its value will increase in the future, then of course you should choose to trade in pairs BTC / altcoin .. This can make you lose if You move to USD but in the future it will be a different matter.
As for me, I am a careful person in this market and I choose to trade in USDT pairs, it helps me to get a stable profit without having to worry about the price of Bitcoin can increase or decrease.

[riskyron]

That's interesting... I thought no one uses USDT for trading solely To me it's more suitable for fast and reliable payments.

[nreal]

This depends on the volume of each pair, but it is more reasonable to trade BTC pairs in the bull market and USDT in the bear market. But for some people who want to accumulate long-term BTC, they will choose the BTC pair, And the BTC pairs often have greater volatility than USDT.

[Triffin]

I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.

Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very
carefully.

We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.

Between USD and BTC have benefit when trading but I think we earn much profit if trade with bitcoin, USD price look stable and never change with higher or lower price where we only get profit from our coin price only when trading, but using bitcoin as trading peer we can get double profit not only with coin have higher price but when bitcoin up we got double profit too.

Yeah we can trade with both but as you said in market of profit trading with bitcoin is much better than trading with USD because bitcoin changes the price and it gives profit to traders so when you get chance try to collect some bitcoins and store all of them in your wallet use some for trading it will increase in price and you will enjoy trading with profit.

[Sahyadri]

I prefer measuring my profits in term of usdt. Bitcoin don't have much utility of its own. For actually taking out your investment and putting it in use, you will need to convert it into a stable coin or Fiat. So, I prefer USDT appreciation of my money. That is a sure shot profit. The profit you have over and above the actual money you put into the investment.
Also the market being highly volatile, Bitcoin goes half of its price in just a few months. In that case having more satoshis but less in terms of usdt won't make much a sense.

[salad daging]

Usdt pair usage is sometimes more useful to see the original price so that it is easier to set aside profits in such a way, there are still many traders who have difficulty seeing fraction of bitcoin numbers, and also when calculated from trading fees. but after learning a lot I still chose to use BTC in spot trading, and USDT in futures.

[mrAlexRoyce]

When you do usdt, you are paying an extra 2 fees right when selling it for real usd?  Example you send btc to binance.  You sell it for altcoin.  Then sell it for btc and then sell it for usdt.  Then say you want to cash out to bank account, you need to sell the usdt to btc on binance... then send the btc to coinbase/gemini or bitstamp and then do a bank transfer ach right?



Does binance allow you to cash out directly to bank transfer like ach or wire transfer?

You could use PAX for example, and withdraw to bank account directly. It is another stable coin 1-to-1 to USD. But you need verified acc in paxos.com first.

As for Binance, there are some fiat currencies available for deposit/withdraw, but not US dollar for now.

[sisule]

USDT look stable price and less risk if you invest your money with USD but for bitcoin you can get much profit and big risk when bitcoin have down, many time after I make trading and got profit I convert my trading profit become USD because most safety for saving for long time and price keep stable by saving with USD.

[akmal1984]

Since tether has emerged as a fraud company that has stole money from the people and there are not enough dollars to support the tethers, I don't use it anymore. Anyone who uses tether right now has two reasons why, firstly, they didn't know tether first was a fraud scam company that they could just check. Or the other one they don't know that it is a company. Many people just want to trade and are happy to use exchanges and their tether options as they realise they don't care about the tether itself. They care about ease of trading and after their trading is over they go back to bitcoin, so all they used tether was for trading purposes.

But didn't they refute the news? And to this day the thether trading volume is still in the top 5. I'm sure many people have also heard the news. I myself have never used usdt at all. However, I see many traders always shifting their crypto to the thether when the market is down trend

[Capt00]

It depends on what trading pairs you'd like cause for me, I'd use BTC-ETH-BTC. That is the flow of my trades and finally converted into fiat money.
Either we use USDT or BTC for trading, the most important is we all be gaining. Nothing to be special about the two, it all depends on which one we like to use. Besides, it all be found in many exchanges that it was never hard for us to use it.

[drlukacs]

I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC  pairing during bull market or USDT pairing in bear market? I need a suggestion from community.

This depends on your decision and long-term trading plan.  If you have the idea that Bitcoin's price will soon increase in the future, you should trade with the bitcoin pair.  because your profit will be increased by the number of bitcoins and when the price of bitcoin increases, your results begin to appear gradually.  If you think bitcoin will not increase, you should trade with Usdt.  Clear plans will help you avoid headaches and think of such small things.

[mamedesign]

It seems like it is indeed a difficult thing, friend, if you rely only on 2 choices of USDT and BItcoin.  Where USDT is a stable coin that will not change drastically and Bitcoin is a volality coin.  You should look for alternatives to stable coins and when you get a new profit, you convert to USDT to maintain the profit you get when you stop or take a break from trading. And so on. Then you will rarely lose again later.

[Karmakid]

USDT look stable price and less risk if you invest your money with USD but for bitcoin you can get much profit and big risk when bitcoin have down, many time after I make trading and got profit I convert my trading profit become USD because most safety for saving for long time and price keep stable by saving with USD.

People mostly love to trade with bitcoin because using crypto is safe because of anonymity and no one would know about your profit and your earning. Using USD is also not a bad idea but you must have planned because people mostly use USD for daily needs only.  So just focus on what you want. Bitcoin trading is good but make a research about the market before spending your Bitcoin.

USD is different in USDT, USDT is the digital dollar and you can use it freely to buy cryptocurrencies while USD is just the physical fiat that you used in your daily life. Even though you are going to use bitcoin, you are not anonymous anymore because most of the exchanges online require its customers to submit personal information.

[Pinkris128]

USDT is a stable coin which it is only good to store all of our profit when we are facing a bear market to avoid having huge losses. So trading with Bitcoin is much better even it always drops it's price because sooner or later it could have a huge pump. All you need is patience in holding your bitcoin until it have an improvement to it's value.

[@prashant]

If you looking for reference in terms of fiat then USDT is good choice for you but if you looking to grow your btc in quantity then take btc as reference. In my opinion focus more on increasing btc quantity , it doesn't matter if you are temporarily using USDT to check profit or loss. Just depending on btc as reference is risk so choose both as reference but focus on quantity of btc as eventually btc will dominate in crypto space.