Altcoin with BTC pair is at the bottom

[lamerique]

Hi guys, I hope you are doing well in this pandemic time. Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?

I saw that most of the altcoins are now in the bottom with the BTC pair and my personal goal is to increase my BTC account instead of the USD one. My strategy is to wait that the BTC dominance reach 70% it will be blood on the ALT but very cheap price and then I want to invest in it with the BTC/pair.

For example these alt are now at :

Stellar : 460 sat
Tron : 143 sat
Eos : 14500 Sat

Do you think it can be a good strategy in order to prepare the Alt season IF she will come?

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[Psynthax]

If you maybe are talking about alts that are paired with BTC showing all red or decreasing its value to BTC it's because the price of BTC to USD recently is increasing quite significantly. If you trying to invest into these coins that are paired with BTC try to check whether the value of the alts (to BTC) equal to the value if exchanged to USDT.

[ethereumhunter]

It is good if you can accept the risk of the fluctuation for the altcoin. You can buy any altcoin you want, but make sure that you can analyze one by one of that altcoin to find the hidden gems, increasing in the next altcoin season. After the bitcoin price can break by $20k, maybe that will be the time for the altcoin to grow, and I can not imagine what the coin will be the first time to increase.

[lamerique]

Thank you for your feedback guys, I already have almost 1 BTC that I want to divide in 10 altcoins. My prefered coin are :

ETH
Chainlink
Polkadot
cardano
Algorand
Uniswap
Stellar
Tezos
Eos
Tron

Then when the altseason will come I'll invest the rest of my dollar in BTC because it will be cheaper.

[Harriti]

Hi guys, I hope you are doing well in this pandemic time. Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?

Do you think it can be a good strategy in order to prepare the Alt season IF she will come?

This is a great hold strategy but the risk is very high.  Because if holding in alt / bit pair, it will be compounding when uptrend but it can also be compound loss if the bears are too strong. This strategy is only for venture capitalists and especially making a lot of money with uptrend market.  Either way, Bitcoin has risen so much over the past few days, it must correct.  But I think we should trade instead of hold, because the market can crash at any moment.

[JeffBrad12]

I don't think if that was a good strategy to prepare yourself for that. You can't determine when bitcoin will be stable and that means when the price of bitcoin is still going up and people will always try take the advantages from there and that will make bitcoin will always volatile.
I never think if will happen shortly. Bitcoin has started to go to the moon again. We only need less than 2k to break another ATH again.
It's too risky to gamble on altcoin right now

[turbo_trader0101]

It is time to focus on new DeFi projects rather then chasing old coins. IMHO
Personally me is actively accumulating $KING. Buy on Uniswap https://info.uniswap.org/pair/0x486c1609f9605fA14C28E311b7D708B0541cd2f5
That is the new liquidity  pool is here to stay and rule them all. Highly advise to check it out. Also read in depth research about KingSwap and how it makes farming easier with NFT
https://medium.com/a-new-kings-in-town-to-claim-his-right-to-the-dex/defi-project-kingswap-announces-tokenomics-model-to-share-rewards-of-its-nft-success-to-kingswaps-de4fb462695a

[bocyaj]

Hi guys, I hope you are doing well in this pandemic time. Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?

I saw that most of the altcoins are now in the bottom with the BTC pair and my personal goal is to increase my BTC account instead of the USD one. My strategy is to wait that the BTC dominance reach 70% it will be blood on the ALT but very cheap price and then I want to invest in it with the BTC/pair.

For example these alt are now at :

Stellar : 460 sat
Tron : 143 sat
Eos : 14500 Sat

Do you think it can be a good strategy in order to prepare the Alt season IF she will come?

Most people do the trade with the bitcoin pair trading.Because we know about the bitcoin potential is huge compare to the USD.USD is only used to avoid a damage control ,when the price of bitcoin or Ethereum started to reduce.It help to prevent some loss from your wallet.

[ScamViruS]

This is quite risky if you take the price of the btc pair, especially now that bitcoin is really going up. But it doesn't matter if you log in well and find the right altcoins.

Yeah. Now buying altcoin is a bit risky. Because the dominance of Bitcoin still exists in the market. Unless Bitcoin is cool, buying altcoin on a BTC pair may not be the right decision for traders. At least I'll wait a bit longer to buy altcoin, because I want to reduce the amount of risk a bit. However, in some cases you have to take a lot of risk to make a profit. Traders who prefer to trade with risk, they are still trading at altcoin.

[AnonBitCoiner]

This is quite risky if you take the price of the btc pair, especially now that bitcoin is really going up. But it doesn't matter if you log in well and find the right altcoins.

No bro.Actually it's not such a risky as you said.When the pair is listed with btc,you can convert you available altcoin to bitcoin and hold the same bitcoin till it reaches good value.Then you convert to same altcoin,you will get huge altcoin for sure.

[Herbert2020]

Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?

altcoins have never been good options for "holding", they are just too unreliable in long run. most of them also have unlimited supplies which means automatically they are like fiat and are inflationary so there is no way they could rise in price in long run hence making "holding" a very bad decision.

[MiningBattalion]

Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?

altcoins have never been good options for "holding", they are just too unreliable in long run. most of them also have unlimited supplies which means automatically they are like fiat and are inflationary so there is no way they could rise in price in long run hence making "holding" a very bad decision.

Altcoin had a two sided coin. Sometimes it make a huge profit even 100 percentage rise. But the other side is, the same altcoin may disappeared from the market suddenly without any doubt. So the altcoin is not safe to hold for the long run, to keep u on safer side.

[Silberman]

Hi guys, I hope you are doing well in this pandemic time. Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?

I saw that most of the altcoins are now in the bottom with the BTC pair and my personal goal is to increase my BTC account instead of the USD one. My strategy is to wait that the BTC dominance reach 70% it will be blood on the ALT but very cheap price and then I want to invest in it with the BTC/pair.

For example these alt are now at :

Stellar : 460 sat
Tron : 143 sat
Eos : 14500 Sat

Do you think it can be a good strategy in order to prepare the Alt season IF she will come?

Your strategy is not bad especially since it seems you want to buy good coins, but in my opinion you should wait a little bit, it is true that the greatest profits are made when people buy when no one wants to do it, all the eyes of the people are concentrated on bitcoin which means that altcoins are being unattended and this could be a good opportunity to buy them but if the positive trend that we are seen in bitcoin continues for a very long time you're going to keep losing money in your investment, and if you make a big investment it is going to be very difficult for you to keep holding your coins, so it is better to wait a little bit and see how far the rally of bitcoin can continue and only once it begins to show signs that is going to stop then you can invest in those altcoins.

[Rodeo02]

For planning your BTC holdings to increase  yes that's better idea  than to do it Fiat value like USDT.

Just make sure that the altcoin you will buy will follow altcoin trend when the altcoin season started . The problem with your idea is if the Bitcoin continue to grow or increase and the altcoin price is decrease it's Bitcoin value then instead of earning in BTC you will only get profit in USD value.

[coinporch]

of course most of altcoin price in bitcoin terms will go down because bitcoin pump now
but not in usd terms, maybe if you have a lot of bitcoin, this could be the right time to buy alt with your bitcoin buddy

[beerlover]

I would say increasing your BTC usually happens with buying BTC when it is low and selling it when it is high, that way you could increase it very well. Could you increase your BTC with other alts? Sure you can but most of the time there are not many scenarios where altcoins go up a lot but bitcoin goes down, usually it is either btc and alts go up together or even btc going up while alts go down, so you would be hoping to buy an altcoin that would go up in price faster and higher than what bitcoin goes up and that is riskier.

I would say two methods works best, one is keep buying bitcoin constantly as long as you can afford it, the other is sell your bitcoins ot usdt when btc is very high and rebuy when it is very low, that way you can increase your btc as well.

[cahkalem]

of course most of altcoin price in bitcoin terms will go down because bitcoin pump now
but not in usd terms, maybe if you have a lot of bitcoin, this could be the right time to buy alt with your bitcoin buddy

indeed, but you should wait for a confirmations, because if bitcoin price continuesly growing alt price in bitcoin terms will down more
because people will move their altcoins to bitcoin as well

[bitkanu]

This is quite risky if you take the price of the btc pair, especially now that bitcoin is really going up. But it doesn't matter if you log in well and find the right altcoins.

The problem is we didn't know how far it will go and when the price of bitcoin keeps going up and it will become a big problem for us especially to drop the price of our portfolios in the bitcoin pair.
this decision must not be taken this time and OP needs to do various observation to the market before trying to take any decision regarding it.

[AliMan]

If you maybe are talking about alts that are paired with BTC showing all red or decreasing its value to BTC it's because the price of BTC to USD recently is increasing quite significantly. If you trying to invest into these coins that are paired with BTC try to check whether the value of the alts (to BTC) equal to the value if exchanged to USDT.

That's very important to confirm the current volume of alts that you're going to invest with. What I observed with several coins, doesn't coincide with usdt exchange value due to small volume percentage when activity fluctuates. We need to determine a good pairing before deciding which altcoins can be sustainable in the future of our assets, because it's too risky once you've struggled so much with less return.

[sulendra12]

Based on my experience during this kind of market, it's still profitable to trade altcoin with BTC pair. But, PLEASE make sure to read the chart first and the current trend before make your decision. I have seen people just blatantly choose coins who have red mark or just following others choice. If you are just paying attention for 5 minutes, you will know what I am talking right now. Patience is virtue.