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Author Topic: Do not trade Alts with BTC these days, You will just lose  (Read 1041 times)
konflikkastil
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December 12, 2020, 11:53:40 AM
 #141

I will strongly advise you, if you must try it. Do it caution, because any slightly mistake can cause you alot. Imagine trading your alt into BTC and the price of your alt rises and BTC came down. You can't buy back your Alt, because the volume will be reduced and also due to the rise of the price. By that time, you would have lost some amount of your money that you invested in the Exchange. Let us all be very careful while making that kind of trade.  I think it make more sense when you trade BTC to dollars or ETH. Those are the kind of trade I embark on these days.

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December 12, 2020, 02:13:52 PM
 #142

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.

If they do not trade altcoins they will never know how to earn in cryptocurrency. Aside from that, doing trade anywhere whether in crypto or in traditional stocks exchange both of them has a high risk involved. Besides, it doesn't matter for me if it is altcoins just for what matter most to me is that as long as it gives me a nice profit I will never stop doing trade anyway.
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December 15, 2020, 08:25:04 PM
 #143

Mainwhile i notice, bitcoin is still increasing so fast and altcoins are decreasing.so if anyone thinking about exchange bitcoin with others altcoin, then they are wrong even could loss fund during their trade.so op is absolutely right.but public also do trading with altcoins, they are buying altcoins with low price and would  make proofit.so if you would like to be a good trader, you shouldn't afraid about current situation.rather try to learn how to hanle this volatility markets situation

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December 16, 2020, 05:22:02 AM
 #144

Keep trading with altcoin during have touch support price but never try to entry when altcoin have touch on higher price because could make you loss, I know every one will trade when bitcoin raise up because altcoin allow how bitcoin price. But some time have really know what is the best time for trading altcoin because bitcoin is could not prediction suddenly can up or down and give effect for altcoin price. Just trade when bitcoin have been stable and less dominance to make altcoin get chance back to higher price.
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December 16, 2020, 06:06:46 AM
 #145

Bitcoin is starting to move up again towards the price of $ 20,000 so avoid trading BTC / Altcoins. Because the price of altcoins starts to
fall if the Bitcoin price goes up, this is something that probably a lot of people know. But don't care about that, because many people still
want the hype that happened to altcoins in 2017 to be repeated. Even though the increase in the price of Bitcoin is now very different from
what happened in 2017. Therefore, the focus of BTC / Fiat trading is what to do if we don't want to lose our capital.

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February 10, 2021, 06:35:53 PM
 #146

You are absolutely right.bitcoin recently hit its new ath on $48000. If months ago, anyone bought others altcoin by selling bitcoin, then at this moment they are facing huge loss because bitcoin increase around $28000 during last 2months and the growth percentage is much more than others altcoins. Although if anyone bought doge & bnb with bitcoin, then they are in profit now

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March 13, 2021, 01:48:54 AM
 #147

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.

Your suggestion is good but it works only when BTC is either Bullish or Bearish and BTC Dominance Index is higher ( more than 70%) but When BTC is stable and BTC Dominance Index is around 60% then it is good opportunity to entry in alts  (Top 20 on coinmarektcap except XRP) and sometimes traders book huge profit during alts Rally. During the rally alts also show good performance not only against stable coins but also against BTC



https://cryptoguidepro.com/bitcoin-btc-dominance-index-meaning/


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March 13, 2021, 02:40:31 AM
 #148

I don't know if people think like that, but I find it effective when the market is sideways or in a downtrend. And in the uptrend of the market just hold, that's the way I have been doing it for many years and I find it very reasonable. Once you are sure it will increase, just wait until the season comes to the point that you think is reasonable.

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March 13, 2021, 06:18:57 AM
 #149

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.
So what you can say now ? if people trade their Altcoins that day for Bitcoin then for sure in February this year their Funds already climbs up more than 3 folds right?
Even if the alts are dumping it is better to risk when Bitcoin is climbing because for sure ATH is more to come .
look how many ATH bitcoin Did from November 2020 as the time of posting this?
anyway Congrats to those who did not listen to you , and lucky for me because i did not see this post back then .

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March 13, 2021, 06:43:43 AM
 #150

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.
Obviously it is not for many people, only a few understand and they have ways to optimize transactions for maximum return during the growth. But I must reiterate that not everyone is capable of doing this, this stage for me is hold.

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March 17, 2021, 10:21:41 AM
 #151

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.

its depends on our pupose mate, if we want to collect more bitcoin i think trade altcoins in bitcoin pairs is the best idea,
because bitcoin price could grow more in this year my friend
regards


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March 17, 2021, 10:59:02 AM
 #152

its depends on our pupose mate, if we want to collect more bitcoin i think trade altcoins in bitcoin pairs is the best idea,
because bitcoin price could grow more in this year my friend
regards
actually, it depends on our belief in the market.
Of course, some people have left the market because they think that they are already getting a lot of benefits with BTC. although there will be more increases, I think there are many people who may have adopted more altcoins than BTC at this time.
in a moment we will see a decline in the dominance of bitcoin in the market. and it is the momentum for altcoins to start a new season. keep altcoins for the year, we could see a higher pump.

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March 17, 2021, 01:43:11 PM
 #153

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.

its depends on our pupose mate, if we want to collect more bitcoin i think trade altcoins in bitcoin pairs is the best idea,
because bitcoin price could grow more in this year my friend
regards
I guess to lose is not good to conclude after seeing downfall in crypto market. We all know from the start that the value itself is unstable, so to see downfall or increase of value is normal. Just believe in yourself by monitoring and waiting positively because there is always a right time in all.

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whyrqa
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March 17, 2021, 03:04:39 PM
 #154

I believe that you need to have enough experience to be able to trade Bitcoin with other altcoins in a pair. I only use stablecoins in trading pairs all the time and this gives me less anxiety and difficulty. I believe that This is the right decision, since it not only gives its results, but other users of the cryptocurrency always speak positively about it.

acdc
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March 17, 2021, 07:24:14 PM
 #155

I believe that you need to have enough experience to be able to trade Bitcoin with other altcoins in a pair. I only use stablecoins in trading pairs all the time and this gives me less anxiety and difficulty. I believe that This is the right decision, since it not only gives its results, but other users of the cryptocurrency always speak positively about it.
Everyone has their own tactics when it comes to trading on the crypto markets, and each has different advantages and disadvantages.
Trading altcoin in bitcoin seems quite complicated but given the current market situation you will have higher profits if you succeed in increasing your number of Btc.


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FinneysTrueVision
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March 17, 2021, 10:50:51 PM
 #156

If you have some altcoins sitting around then it is fine if you trade them for BTC. I had been holding some dogecoin and litecoin for a while that I used for gambling. After the recent dogecoin pumps I decided to just exchange everything for bitcoin and made a nice profit.

Smitty Werben Man Jensen
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March 17, 2021, 11:58:54 PM
 #157

I believe that you need to have enough experience to be able to trade Bitcoin with other altcoins in a pair. I only use stablecoins in trading pairs all the time and this gives me less anxiety and difficulty. I believe that This is the right decision, since it not only gives its results, but other users of the cryptocurrency always speak positively about it.
Everyone has their own tactics when it comes to trading on the crypto markets, and each has different advantages and disadvantages.
Trading altcoin in bitcoin seems quite complicated but given the current market situation you will have higher profits if you succeed in increasing your number of Btc.

even though this time what will be highlighted is the BTC pair, because it has been a long time since 2018 the BTC pair is still sleeping,
if pair btc wake up we will see an increase as experienced by DOGE, DOGE has started well, and wait until other coins follow, this is an opportunity,
so why be afraid? the BTC pair for me is still very cheap and not the time to sell

sayaya17
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March 18, 2021, 12:02:09 AM
 #158

Maybe you want to be completely safe, but it turns out that bitcoin is now getting crazy about its price. maintain ownership of bitcoin
gives a lot of advantages to those who hold it until now. For that is actually the diversification of bitcoin and altcoins it is good too,
because behind the volatility of crypto will provide an advantage. Many altcoins pump nowadays and should not miss this opportunity,
to achieve maximum profit.

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March 18, 2021, 03:32:52 PM
 #159

Most people understand that strong BTC does not mean that altcoin will explode, when altcoin explodes, BTC price is definitely high.  This situation is an almost absolute theory that I have been following for a long time.  There are almost no exceptions to these pair trading scenarios.  except, the fact that Doge had blown out of bitcoin's interest surprised me and didn't even understand Elon Musk's motive behind it that made it fall into that vortex.  It is best to hold the BTC a little more time to refer to the expansion from the alt volume before embedding the alt / btc pair.

jostorres
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March 18, 2021, 05:29:06 PM
 #160

Maybe you want to be completely safe, but it turns out that bitcoin is now getting crazy about its price. maintain ownership of bitcoin gives a lot of advantages to those who hold it until now. For that is actually the diversification of bitcoin and altcoins it is good too, because behind the volatility of crypto will provide an advantage. Many altcoins pump nowadays and should not miss this opportunity, to achieve maximum profit.
It all depends on what you believe in the future of the projects, trading anything you want with anything you want is still alright as long as you think the project you invest into will go up. BNB was just 40 bucks 2 months ago and it has peaked at 340 dollars, did bitcoin increase like that during the last 2 months? Of course not, from last march to this march it has increased from 4k levels to max 60k levels recently and that was one year, if you invested that it would be great but if you wanted the last 2 months BNB was better.

So, that means when you get in and what you get in matters, sometimes bitcoin goes up more and sometimes other coins go up more, recently chilliz went up like 5x in a week, you think bitcoin was better during that period? It was 5x in a week, nothing can top that easily unless it is a pump. Which is why bitcoin or altcoin, it all depends on what it does.

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