gamer4156
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November 17, 2020, 05:59:14 AM |
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Altcoins may not be dynamic in the previous days however I accept when bitcoin goes on a bull pattern, altcoins will follow so exchanging with altcoins can even now be productive yet yes ensure you have Bitcoin on your property. You will lose exchange will rely upon the ability of the dealer and the interest of the market.
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Tahsin Kabir Kollol
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November 17, 2020, 05:18:58 PM |
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We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
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ardentvolcanoes
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November 17, 2020, 05:28:04 PM |
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Altcoins may not be dynamic in the previous days however I accept when bitcoin goes on a bull pattern, altcoins will follow so exchanging with altcoins can even now be productive yet yes ensure you have Bitcoin on your property. You will lose exchange will rely upon the ability of the dealer and the interest of the market.
Having more better understanding is very needed in this phase of investment, alts will have it's own bull mostly after bitcoin does, if you really support the project that you are holding right now the chance of keep holding may be better than trying to trade it up with lower value, instead better to buy more and wait when the market start to pull over again and bring much higher interest.
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Shasha80
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November 17, 2020, 05:45:59 PM |
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Currently Bitcoin has reached the price of $ 17500, and Bitcoin dominance has also increased to 65%. From the data I have mentioned, it proves that BTC / USD trading is the best choice right now. And for now it is very risky to trade BTC / ALTS, because indeed many altcoins prices are dumped. Anyway the Bitcoin movement seems unstoppable, there is a possibility that this year's all-time high price could be reached.
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Fatunad
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November 17, 2020, 08:06:36 PM |
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Altcoins may not be dynamic in the previous days however I accept when bitcoin goes on a bull pattern, altcoins will follow so exchanging with altcoins can even now be productive yet yes ensure you have Bitcoin on your property. You will lose exchange will rely upon the ability of the dealer and the interest of the market.
Having more better understanding is very needed in this phase of investment, alts will have it's own bull mostly after bitcoin does, if you really support the project that you are holding right now the chance of keep holding may be better than trying to trade it up with lower value, instead better to buy more and wait when the market start to pull over again and bring much higher interest. Its a gamble in most cases because not all would really be having that kind of risk management level where they can just accumulate into those coins on where they do believe that it would really pump in near future or when the market shifted out to altcoins after bitcoin had been done.Its not really that trading alts will really mean up loss yet this will be talking on less volatility yet majority now is on bitcoin and doesnt focusing on some alts which are mostly on the bottom line excluding those top alts that we had in the market where volatility and price movement is still present in spite of the market condition at the moment.
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Negotiation
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November 18, 2020, 01:38:53 PM |
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The market is in turmoil all the time it is not possible to determine the future on which currency to focus need to trade on the basis of price movement now bitcoin is very volatile prices are going up a lot bitcoin is good for trade and investment. As altcoin is the new currency it has not been able to establish a position like bitcoin in the market everyone is choosing bitcoin to trade in business risk planning is easy.
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sulendra12
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November 18, 2020, 05:43:49 PM |
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- If you are a person of having a great time with HODL your Bitcoin for future investment, then I would advise to just stick to your choice and enjoy the profit with your BTC volatile. There is nothing wrong with that and it has been proved that BTC is always going up no matter what , even though there was some problem like huge crash and shit.
- But if you a person like me whose like to maximize your profit through daily trading then there is nothing to miss if you just do few days of trading. While you are holding BTC, you have another income from trading which I think you can't miss that out.
It's kinda stupid to be honest to limit yourself for getting max profit because of just Bitcoin. There are another opportunities you can do like trading and stuff rather than limit yourself by just waiting till ATH without adding your funds through daily trading.
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xZork
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2020, 08:52:40 PM |
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We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2020, 08:56:39 PM |
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We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin. True, it doesnt really always mean that you would need to hold because if you can make profit by active trading then why not? As long it does have price movement then you can utilize those movement for your gains but knowing that active trading isnt really for everyone or really a very dangerous way of trading yet you are dealing with moving prices. Precise decision making and proper emotion handling will really be crucial into these times.I dont know why people do keep saying that altcoins are bad yet you can still make out some money with it.
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R |
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chaser15
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November 19, 2020, 03:35:15 AM |
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Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin.
Trading still continues even there's not much action in altcoin trading today. The current situation is even a haven for those who are waiting to buy cheap coins. They won't see cheap price for quite some time again if they will miss the opportunity to buy at the current price. Some surely fill their bags already and now waiting again for the rise of some altcoins which might take time to happen as BTC dominance is showing no signs of slowing down. If we have some spare funds, it's good to consider picking some worthy altcoins today aside from having BTC holdings.
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rodskee
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November 19, 2020, 04:41:43 AM |
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Do not trade Alts with BTC these days, You will just lose
I do not recommend to trade alts with btc these days otherwise you will be just loosing your money. As BTC hitting its ATH, the prices of alts are dumping even if it is BNB or any other coin whichever was stable in the last months. Just trade BTC/USD only.
Why need to convert a coins that is showing more dominance nowadays to altcoins that is being so silent ,Bitcoin is now running towards another ATH while altcoin and even the Famous Defi of the past months are now struggling to stay in their feet. Converting your Bitcoin to altcoin now is Suicide not unless you know some Pump and Dump coins that will be manipulating by Whales so that chance you will be lucky. Keep holding out Bitcoin for at least 1 whole year again the longest until Bitcoin finally break the last 20,000 value.
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kramchers
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November 19, 2020, 06:57:02 AM |
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Do not trade Alts with BTC these days, You will just lose
I do not recommend to trade alts with btc these days otherwise you will be just loosing your money. As BTC hitting its ATH, the prices of alts are dumping even if it is BNB or any other coin whichever was stable in the last months. Just trade BTC/USD only.
Lose our coins was already given here in this field of business in crypto space. The better way we can do is that as long as you know the development of the coins or you know how to trade well, I think there's nothing problem if you buy any of the altcoins even Bitcoin kicking its price in the market. Although, being careful is the number one needed now.
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NMBT
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November 19, 2020, 08:09:44 AM |
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At this moment, When the % of BTC from the total crypto world has increasing, I think that the best investing right now if invest in ALTcoins!!
BTC is close to its maximum, but other cryptos have to increase around 10X to achieve it maximum...
Now, if you invest in the BTC you need go to 170.000 to have an increase of 10X...
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batang_bitcoin
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November 19, 2020, 10:34:56 AM |
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At this moment, When the % of BTC from the total crypto world has increasing, I think that the best investing right now if invest in ALTcoins!!
BTC is close to its maximum, but other cryptos have to increase around 10X to achieve it maximum...
Now, if you invest in the BTC you need go to 170.000 to have an increase of 10X...
Don't be too general with altcoins. A very few of them are likely to be good after bitcoin's peak has been met or if the cycle goes together with bitcoin's pump. You trade alts or not, you need to be consolidating while it's too early. The price near to ATH hasn't been reached but what if it overpassed it and surprises us one day, maybe not this year but how about the next years.
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Rent this sig space so that BTC goes to $100k.
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xZork
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November 19, 2020, 11:49:14 AM |
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We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin. True, it doesnt really always mean that you would need to hold because if you can make profit by active trading then why not? As long it does have price movement then you can utilize those movement for your gains but knowing that active trading isnt really for everyone or really a very dangerous way of trading yet you are dealing with moving prices. Precise decision making and proper emotion handling will really be crucial into these times.I dont know why people do keep saying that altcoins are bad yet you can still make out some money with it. Perhaps altcoin trading at this point requires traders with experience in the market, all price movements can be profitable if we know how to buy and sell at the right time. I was lucky enough to buy P2P coin at 3 sts and sell it at 6 sts, it is even more profitable than holding bitcoin.
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MCDev
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November 19, 2020, 12:38:45 PM |
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Some surely fill their bags already and now waiting again for the rise of some altcoins which might take time to happen as BTC dominance is showing no signs of slowing down. If we have some spare funds, it's good to consider picking some worthy altcoins today aside from having BTC holdings.
That's right, I think it's not wise to invest all assets in bitcoin at this point. We should split our assets and invest in different projects, although that may prevent us from getting the maximum return, it makes it safe. It's best to never put all your eggs in the same basket
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barbara44
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November 19, 2020, 12:39:20 PM |
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Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin.
Yeah, pro traders can always use the market in any situation and make profits but the point made in OP is actually valid because trading alts and making profit right now is hard and if you just convert them into Bitcoins and save them you can easily make better profits than you would make with altcoins because the price of Bitcoins is moving at a much higher rate as compared to altcoins. Smart traders always see how the bitcoin market is behaving and if it is going down they take the opportunity and grab some good altcoins while if the market is going up like it is right now, they just hold their Bitcoins.
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MWesterweele
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November 19, 2020, 03:27:32 PM |
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Some surely fill their bags already and now waiting again for the rise of some altcoins which might take time to happen as BTC dominance is showing no signs of slowing down. If we have some spare funds, it's good to consider picking some worthy altcoins today aside from having BTC holdings.
That's right, I think it's not wise to invest all assets in bitcoin at this point. We should split our assets and invest in different projects, although that may prevent us from getting the maximum return, it makes it safe. It's best to never put all your eggs in the same basket It depends on our risk management, Because trading is a one kind of gambling. But we have easy to get a good profit in Bitcoin in current rush hour. But those active in day trading they know how to make a good return in short period. The current market is targeting the golden egg so BTC is better egg in this year. May be those are not believe the BTC they can choose the other altcoins. Some says trading was different from gambling well for me the two only sounds different but they have same purpose and also has same strategy on how to win in it. At this point is where i can say that it is really a good time to trade bitcoin and rest assured that you may get a profit. This is the time where if ever you are needed money you have that assurance that you may get your expected profit.
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Fredomago
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November 19, 2020, 05:47:31 PM |
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Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin.
Yeah, pro traders can always use the market in any situation and make profits but the point made in OP is actually valid because trading alts and making profit right now is hard and if you just convert them into Bitcoins and save them you can easily make better profits than you would make with altcoins because the price of Bitcoins is moving at a much higher rate as compared to altcoins. Smart traders always see how the bitcoin market is behaving and if it is going down they take the opportunity and grab some good altcoins while if the market is going up like it is right now, they just hold their Bitcoins. It's more on how you understnd the situation, Pro / experienced traders doesn't care what the market are bringing them as they are always finding ways to gain from it, both uptrends and downtrends have their own respective benefits if you know what proper strategy to use, it's always arranged as they have different outlook but have same intention to earned. Use your experienced that's how it works to avoid making mistakes when dealing with this kind of situations best to act wisely, buy low and sell high if it's still works with your target alts, rinse and try to accumulate then wait for the next wave then sell.
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DevilSlayer
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November 20, 2020, 03:42:08 AM |
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Some surely fill their bags already and now waiting again for the rise of some altcoins which might take time to happen as BTC dominance is showing no signs of slowing down. If we have some spare funds, it's good to consider picking some worthy altcoins today aside from having BTC holdings.
That's right, I think it's not wise to invest all assets in bitcoin at this point. We should split our assets and invest in different projects, although that may prevent us from getting the maximum return, it makes it safe. It's best to never put all your eggs in the same basket It depends on our risk management, Because trading is a one kind of gambling. But we have easy to get a good profit in Bitcoin in current rush hour. But those active in day trading they know how to make a good return in short period. The current market is targeting the golden egg so BTC is better egg in this year. May be those are not believe the BTC they can choose the other altcoins. Some says trading was different from gambling well for me the two only sounds different but they have same purpose and also has same strategy on how to win in it. At this point is where i can say that it is really a good time to trade bitcoin and rest assured that you may get a profit. This is the time where if ever you are needed money you have that assurance that you may get your expected profit. For me it is all about perspective, gambling and trading are different to each other in terms of risks, allocation and psychology. My perspective is gambling is riskier than trading because I'm more into trading where I have proven system and I keep consistently making profits while in gambling; I do not have consistent performance and there are times that I experiencing consecutive losses. There are people who are treating trading as gambling because they do not have system wherein, they just buying without any reason. Do not expect to win in trading if you do not have any knowledge about it because the only way that you will win is because of luck not skill if you will keep treating as gambling.
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