ajeef
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December 16, 2019, 02:15:45 PM |
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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.
On this bearish market it's better to trade with BTC pair because we have to collect btc as many as we could and if the price of btc rising, we'll have double profits from btc and from the btc pair that we trade alts before. But if btc price is going down, don't worry we'll not losing any BTC and just wait for the BTC rising because in a long run btc must be higher than right now.
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JessicaVL
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December 18, 2019, 06:52:24 PM |
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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.
USDT is my go to. I generally trade BTC/USDT and when markets are really bad and there is no place for profits, I generally move my USDT to OTC desks or P2P platforms like Vertex.market so I can still make some profits at a bad time. The only issue is that trades are not instant as you need to wait for someone to actually buy your offering but I usually see profits of 4-6% if I get bank wire deals as the fees are low.
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marcous
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December 29, 2019, 04:55:35 AM |
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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.
On this bearish market it's better to trade with BTC pair because we have to collect btc as many as we could and if the price of btc rising, we'll have double profits from btc and from the btc pair that we trade alts before. But if btc price is going down, don't worry we'll not losing any BTC and just wait for the BTC rising because in a long run btc must be higher than right now. yes, approaching Halving day, it will be more beneficial if you use Pair BTC. But still have to remember the risk because the price of an unstable BTC could even make a loss. Don't forget to secure your capital and profits. before trading, it would be nice to analyze and not rush to take decisions.
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Karmakid
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December 29, 2019, 05:04:42 AM |
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I would say that it depends on your goal if which one do you want to grow in long term basis. If you are always after the fiat currency then there is nothing bad about trading with USDT because it makes sure that you will have a fixed currency to trade so you will not lose its value because of the volatility. Trading with bitcoin is only good for people who want to maximize the chance of making more money at the end because the value of bitcoin is believed to get up to 100k usd in the future.
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Blackdeath
Sr. Member
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December 29, 2019, 03:50:00 PM |
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I would say that it depends on your goal if which one do you want to grow in long term basis. If you are always after the fiat currency then there is nothing bad about trading with USDT because it makes sure that you will have a fixed currency to trade so you will not lose its value because of the volatility. Trading with bitcoin is only good for people who want to maximize the chance of making more money at the end because the value of bitcoin is believed to get up to 100k usd in the future.
I think it would be better if you will trade with bitcoin because it is much better for long-term, unlike going for USDT it doesn't make a huge movement on it's price becayse it is only a stable coin, so you should go for bitcoin even it's price is volatile because there is a chance to double your profit in the future.
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johnwest
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December 29, 2019, 05:26:30 PM |
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I always trade with BTC as my investments were started from BTC and not USDT. Being a long term trader, holding BTC would be more secure and profitable idea and USDT is kinda not that preferred.
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FLoving
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December 29, 2019, 05:47:37 PM |
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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.
On this bearish market it's better to trade with BTC pair because we have to collect btc as many as we could and if the price of btc rising, we'll have double profits from btc and from the btc pair that we trade alts before. But if btc price is going down, don't worry we'll not losing any BTC and just wait for the BTC rising because in a long run btc must be higher than right now. It is right that in this time we have to collect BTC as much as possible but it is also not wrong that in this bearish market not everyone can trade because in this market only much expert traders can make some amount as they know what to do at what position of the price, therefor if someone is not much expert then they have to just hold their coins and wait for the best time.
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BuNga_cute
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December 29, 2019, 06:56:14 PM |
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We must be able to have the right strategy to be able to determine the right pairing for altcoins. Actually for those who have knowledge and experience in the crypto world will understand how to determine pairing. In my opinion if there is a bull market BTC pairing should be used, because altcoin with BTC pairing the price will rise. While if there is a bearish market, then use USDT pairing. If we use USDT pairing, it is safer, because USDT is not affected by the bearish market.
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leowonderful
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Bitcoin FTW!
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December 29, 2019, 07:06:21 PM |
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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.
There's still plenty of opportunities everywhere, however. Find what you like and stick with it, because anything can become viable if you start looking at it the right way.
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suzanne5223
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December 29, 2019, 08:22:33 PM |
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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.
There's still plenty of opportunities everywhere, however. Find what you like and stick with it, because anything can become viable if you start looking at it the right way.
Anything can work achievable to ones success but the last time i checked it can't be achieved by just looking alone because the right action and knowledge/information is also needed. Nevertheless, BTC pairs isn't a bad idea now that halving is coming but converting to stablecoin isnt a bad idea either because the current is highly manipulated and conversion stablecoins is needed to keep ones profit intact.
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AakZaki
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December 30, 2019, 04:43:08 AM |
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I think your choice is correct to trade with the BTC pair during the bullish market or the USDT pair in the bear market, maybe you are just wrong when opening a trading position so that it gives you a headache. that way you have to learn again the right way to trade, the basis that needs to be learned is how to know when the right time to buy and sell. so it might be able to minimize your losses.
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SoeNan89
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December 30, 2019, 05:32:46 AM |
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In my opinion, if in a Bearish situation the pair with USDT is suitable because with USDT we will get a fixed and stable asset value, not falling and not rising. Whereas if in a Bullish situation the pair with BTC is the right choice.
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killerfrost
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December 30, 2019, 06:01:35 AM |
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In the current bear market, I always choose to trade USDT. It is the safest option possible for me because I can control my losses and profits easily during the day. The bear market is very fierce, so the choice of trading BTC will not be appropriate, it will make you not get too much profit if the BTC price keeps going down. But if you want to increase the number of BTC then of course you should trade in pairs BTC / altcoin and do not care about the current market price.
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Xxmodded
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December 30, 2019, 08:56:06 AM |
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Depend with how bitcoin price, when bitcoin looks green with higher price better you use BTC as your trading peer, but when bitcoin have lower price you hold and trading with USD peer, USD always stable price and if down just 1% and higher about 2%, you never get lost much money if convert your assets in USD and take much profit when bitcoin have higher price and convert to be bitcoin peer.
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ultrloa
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December 30, 2019, 09:14:09 AM |
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This question will depends on what they prefer since if they can risk to play on the bearish market which could give them high chances of losing the value or gain with it then he should go with BTC but if he's new and want to get a fix gain then USDT is perfect pair for anyone since we all know whatever happen on the market the value of USDT will remain the same.
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boris singer
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December 30, 2019, 02:49:50 PM |
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This question will depends on what they prefer since if they can risk to play on the bearish market which could give them high chances of losing the value or gain with it then he should go with BTC but if he's new and want to get a fix gain then USDT is perfect pair for anyone since we all know whatever happen on the market the value of USDT will remain the same.
both are still equally unprofitable because bitcoin price has fallen from $ 11k back to $ 7k in only half a year, unless they are not bound by floating orders, and return to open positions in calmer sideways. my friends are lucky because they made a short order from the first time the downward trend moved and still hold it until now.
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CarnagexD
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December 30, 2019, 04:39:26 PM |
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This question will depends on what they prefer since if they can risk to play on the bearish market which could give them high chances of losing the value or gain with it then he should go with BTC but if he's new and want to get a fix gain then USDT is perfect pair for anyone since we all know whatever happen on the market the value of USDT will remain the same.
Well btc has a pair to all coins in the market unlike the others however USDT does not. I don't think it is good to trade using usdt coz it will undergo to more conversion and will generate higher fee compare to bitcoin. I use USDT as a pause time after a trade, it acts like a safe haven since it is a stablecoin. Another thing is bitcoin is very volatile so it could produce unnecessarry losses when used so timing is indeed needed.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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December 31, 2019, 08:51:16 AM |
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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.
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Xxmodded
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December 31, 2019, 09:42:09 AM |
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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.
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jostorres
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December 31, 2019, 10:08:16 AM |
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I guess it relies on the strategies you want to apply in your trade. But between those two you have mentioned, Bitcoin is by far the pairing choice for majority of the traders we have here, no matter if it’s bull or bear time. And one thing with Bitcoin is that you can exchange it for almost every coin in the market, which is unlike other coins we have.
Although it’s a versatile choice, one thing you might not like (I do see people complain) is the fact that the fees can get high and the transactions can be slow, there are lots of other coins that are way more faster than bitcoin. As for USDT? Well, it’s good, though it’s usually being criticized at times by people, but it’s still a good choice since it’s not volatile like Bitcoin. Other good pairs can be ETH, Litecoin and Dogecoin (you might not know about this last one if you don’t trade on low-valued coins' exchanges).
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