Take Profits in BTC or USDT

[Negotiation]

It is better to take advantage of USDT from BTC for exchange Although the price of Bitcoin is rising but investing in USDT and the currency is stable. Even if the price goes down, it doesn't have much effect on the currency But Bitcoin's market is not stable. Even if the price goes up it goes down again So I think it is the right decision to convert to USDT to make more profit If the market can be considered properly, it is possible to make a profit from both sides.

[1714058378]

1714058378

[1714058378]

1714058378

[Excell110]

I will go for Bitcoin profit anyday because I don't really see much of profit on a stablecoin, but Bitcoin due to its volatility tends to generate more profit

[Golftech]

Most of the time I take profits in BTC. Risking my profits to generate more USD value whenever bitcoins price pumps after taking profit on any other coin that I'm trading.
If you are willing to take risk then convert it to BTC because by that you can either lose your profit or earn more profit whenever bitcoins price rise up and vice versa when bitcoins price goes down. Taking profits in USDT isn't bad at all anyways profit is profit if you want to go safe on your trade profits go directly on USDT then.

Logic dictates that due to fluctuation the chance or the risk is high with bitcoin, but the same thing
follows once you execute and take profits then bitcoin pumped up your earnings will be more decent
than conrverting it to usdt. It's always depending from how you see the market and how willing you
are in taking the risk.

[Cryptotourist]

based on my experience, I always take profits in USDT, because it's the stable one.

How is it stable, when it loses sats all the freaking time?
USDT is only another stable shitcoin, destined to lose BTC value over time - as BTC reaches new ATH's.
Why would you keep your profits in a shitcoin that loses value over time BTC?

be realistic.

This should be enough realistic for you:

They won't be up there for long and that ratio may be up there when the Bitcoin priced measure in fiat is much lower. I ain't sitting through another obliteration to realise that profit.

also, I have a plan to secure my capital first when the market is up.
for example, I trade $100 for BTC. when the price is up by 10%, I will take back my capital which is $100.
and I will leave the rest (10%) as it is, as my win-win trade.

Swell, ladies and gentlemen we have a holder. A fiat holder!

[TedMosby]

How is it stable, when it loses sats all the freaking time?
USDT is only another stable shitcoin, destined to lose BTC value over time - as BTC reaches new ATH's.
Why would you keep your profits in a shitcoin that loses value over time BTC?

... snip

Swell, ladies and gentlemen we have a holder. A fiat holder!

Yeah, I can't deny it. I am not a good trader and I don't have a "strong" hand too 
I still have bitcoin and any other top cap crypto on my portfolio. but..
I hold more fiat and USDT on my portfolio now because I've already sold some of my cryptos at 5-10% profits a few weeks ago.
I tend to be a holder in 2017-2019, during the ATH. It didn't go well for my mental health. It always ruined my day.
I am psychologically comfortable with what I did now.
I do love bitcoin, but I love myself too
I can handle myself when I failed to get more profit, rather than failed to secure my capital. as I said above, I don't have a "strong" hand right now.
Maybe with some good insight from members here, I can change my mind and direction.

[Innerpumper]

There is some confusion when it comes to BTC Market or USDT Market and sometimes it is difficult to decide to take profit in which currency, BTC or USDT.

I give you an example here and hope anyone can explain in detail.

ETH was 0.035 BTC few months ago and it was around 400$ USD. I did not took the profit and did not sell Eth.

Today, ETH is 0.028 BTC but in USD it is around 540$. (buz BTC price is high)

Now if i had sold it earlier at 0.035 BTC, so today's its worth would have been 660$.

So what's is the best approach in this case to get the maximum profit ?

when I see that, when bitcoin goes up then the price of altcoins goes down, when bitcoin drops the price of altcoins also goes down, but when bitcoin stabilizes then the price of other altcoins will fly to the moon. So when bitcoin rises we can keep assets in bitcoin until it reaches its profit target, when it is bitcoin then try to save on USDT, and when bitcoin is stable we can trade altcoins so that is the best strategy to implement.

[Kang TB]

its depends on our main purpose my friend
if we want to collect more bitcoin, i think we should take our profit in bitcoin,
but if we want to get a stable value in profit i think we should take our profit in usdt

[GrosWesh]

I take profit in usdt. However, i sometimes make purchases directly in btc, but that does not prevent me from systematically making a conversion usd / btc.

And finally, I wanted to underline the fact that some people here only accumulate and hodle btc, but a currency needs to be used to develop

[hodler64]

Everyone is recommending to use USDT, but usdt is not safe way to hold your funds? If you don't hold it you don't own it, there is always chance that exchange can go down or exit scam with your usdt tokens, am I wrong? You won't lose funds if you hold btc in your own wallet

[djgtr]

its depends on our main purpose my friend
if we want to collect more bitcoin, i think we should take our profit in bitcoin,
but if we want to get a stable value in profit i think we should take our profit in usdt

We can do it on both asset as long as you knew how to handle your holdings in every situations, whether usdt or bitcoin can be a source of your gains. You can't have an assurance on bitcoin nowadays while value fluctuations was changing at minimum percentage. Lets use usdt in trading in order to earn btc and when time comes btc also pumps you can also earn usdt for good.

[Salauddin1994]

Easy to make a profit from both currencies but it will usually depend on the individual himself the more profitable the currency the more profitable it is to invest collecting bitcoin for trade and investment can double the profit if the price goes up well. Those who used to invest in bitcoin a few months ago have now made a lot of profit if you have no knowledge of the market you can take advantage of USDT if you feel the risk of trading even if the price goes down there will be no possibility of loss.

[TastyChillySauce00]

Everyone is recommending to use USDT, but usdt is not safe way to hold your funds? If you don't hold it you don't own it, there is always chance that exchange can go down or exit scam with your usdt tokens, am I wrong? You won't lose funds if you hold btc in your own wallet

It's better to take BTC as the pair to take the profit. We are still in the bullish market and bitcoin already predicted to surpass 20k rate soon. That means if we are holding bitcoin and the more dollar that we could get from the bullish trend that's still happening right now. USDT is a good option but it has no volatility and we will lose more money when the price of bitcoin is pumping again.
we must think about which will give us more benefits.

[yohananaomi]

If based on the topic of the OP, it is clear that bitcoin can be used to be able to profit from the difference between buying and selling, not USDT because this is a very stable token in accordance with the US $ currency value, it is not recommended to seek profit from USDT. because that desire will not be achieved.

bitcoin is currently in a very good increase to be used for profit, but analyze it well first because the price position is quite high because you could be patient if you want to wait to go down again. because there is no need to fear that next year bitcoin will increase sharply.

[edandrada]

of course bitcoin.
i made this mistake 2 months ago. i took my $10.000 profit in usdt. btc was $10.000, until my money came to me in 2 weeks, btc had became 14k. i lost %40 in 2  weeks

[Cherylstar86]

There is some confusion when it comes to BTC Market or USDT Market and sometimes it is difficult to decide to take profit in which currency, BTC or USDT.

I give you an example here and hope anyone can explain in detail.

ETH was 0.035 BTC few months ago and it was around 400$ USD. I did not took the profit and did not sell Eth.

Today, ETH is 0.028 BTC but in USD it is around 540$. (buz BTC price is high)

Now if i had sold it earlier at 0.035 BTC, so today's its worth would have been 660$.

So what's is the best approach in this case to get the maximum profit ?

I might choose them both usdt and btc just to gain an assurance of best profit everytime price fluctuates in an unpredictable way. With this strategy, you'll have good timings to determine all options in achieving your visions in trading and earning from your investments. Every actions made is all worth it, just have courage in doing it.

[krisnajsadrak]

of course bitcoin.
i made this mistake 2 months ago. i took my $10.000 profit in usdt. btc was $10.000, until my money came to me in 2 weeks, btc had became 14k. i lost %40 in 2  weeks

people can take profit in bitcoin or usdt buddy, because its depends on what for he take their profit, if he want to collect more bitcoin and keep it in personal wallet, i think they must take their profit in bitcoin, but if he doesn't have a plan for hold, i think usdt can be the right choice, thats my opinion

[TastyChillySauce00]

of course bitcoin.
i made this mistake 2 months ago. i took my $10.000 profit in usdt. btc was $10.000, until my money came to me in 2 weeks, btc had became 14k. i lost %40 in 2  weeks

And then you have lost more than 100% ROI from bitcoin as the price already touched above 22k. That means you have wasted your 12k as your additional profit from your investment when you are choosing bitcoin as a way to receive your profit. You should have learned a lot from there.

[devollito]

I would suggest you to take profit to BTC, why put on USDT if you can put your money on btc ? If you want to use your money i think you better exchange it to your local fiat directly. Congrats for ypur profit. And remember the bullish is not over yet. We will see massive bullish for the next couple of month.

[TastyChillySauce00]

I will go for Bitcoin profit anyday because I don't really see much of profit on a stablecoin, but Bitcoin due to its volatility tends to generate more profit

The stable coin is only for those who are wanna receive their profit without being disrupted by the volatility of coins. This time bitcoin is the best trading pair as we can also take the advantage from the bitcoin bullish trend at the same time but it will be a different situation when bitcoin was facing the bearish trend.
You said that because bitcoin is getting pumped but i do believe you will not say like that when bitcoin goes down.

[irixo10]

I think first, you need to decide what you want, that is, do you want to hold or do you want to trade. Taking profits in BTC might warrant you to hold it because of its valuable nature but if you are afraid of volatility, then taking profit in USDT will be best, they are just two different things. Also, talking about maximum profit, I don't think there is anything like that, because it falls on you, that is, selling to USDT will not afford you any profit because the coin is a stablecoin, but taking profit in Bitcoin will afford a good range of profit but not maximum profit because you might sell at a particular price only for it to keep growing, just like those who sold at $20k only for it to Keep growing. Therefore, I think you need to decide what you want first, but if you want to enjoy the profit then selling to Bitcoin will be the best.