Altcoin with BTC pair is at the bottom

lobo13hf

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Quote from: Bergluft on November 24, 2020, 04:46:36 PM

Quote from: lunnatic on November 24, 2020, 02:59:34 PM

Quote from: Bergluft on November 24, 2020, 08:21:12 AM

Quote from: ?? on ??

It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?

it's better to be enrty in the USDT pair,
because in the BTC pair it is very risky if the bitcoin price drops your rate will also go down,
but if the pair you are using is USDT then you will be safe from volatility.

So it is always better to go Fiat-->Alt-->Fiat or Fiat-->BTC-->Fiat ?

If you are looking for the stable profit that was not volatile and then go to the fiat - alt - fiat.
You an try to go to the fiat btc fiat when the bitcoin market is very bullish. Even when the market was bullish and i don't recommend this consider about the value of your altcoin can lose against bitcoin.

djgtr

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Quote from: Untomabur on December 22, 2020, 05:53:01 PM

Altcoins are very worth buying and long-term investing, because if you look at the price of the fiat pair and the btc pair,
altcoins are still in ATL in the btc pair, of course this makes altcoins very likely to have a very large potential gain.
just hold altcoin until 2021, because 2021 is a altcoin season!.

Btc pair is rest assured that it would climb higher to the topmost value once market moved from proce saturations. Potential gains will happen unexpectedly but we need to be careful once delined price occurs drastically. This time of bullrun, always ride on with the waves and close monitor every price changes.

Untomabur

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Altcoins are very worth buying and long-term investing, because if you look at the price of the fiat pair and the btc pair,
altcoins are still in ATL in the btc pair, of course this makes altcoins very likely to have a very large potential gain.
just hold altcoin until 2021, because 2021 is a altcoin season!.

Mahdirakib

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It will be better if you observe your investment portfolio in usd value. Monitoring it with btc value isn't a bad idea though, but it will be tough for you. Moreover whole crypto market is volatile, without few stable coins all other crypto price changes in different rate everyday. So, if you are investing for making real profit then check the price move in usd value. Your picked method is as same as crypto trading between bitcoin and altcoins. Maybe alt season will come but bitcoin will always lead the crypto market.

btc78

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Quote from: ?? on ??

Now is a good time to buy lots of altcoins as prices are down. If you have bitcoin, of course this is a good opportunity and can get a large number of altcoins in a big bag. according to my observations in the last few days there are some altcoins that are good enough to buy ADA, XLM, and TRX.

indeed but of course Choose the best coin with future and not just another Shitcoins,

this maybe the correction so the last chance of Purchasing our favorite or target altcoins,Bitcoin strongly holding in above 20k level.

Kocret02

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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?

for now when btc is going crazy with high prices, i think it will be profitable to pair with BTC. because if the increase in BTC is very high you can get a high profit. so my advice is to pair it with BTC and you will receive that profit

kapalmabur

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Quote from: bttmember on November 25, 2020, 05:20:51 PM

Quote from: lamerique on November 20, 2020, 03:43:57 AM

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?

Altcoins with btc pairs can remain under pressure untill btc openly moons and sets a new peak but the positive side of the story is that alts will also btc and continue to grow in usd terms and in the end all good coins will be flying.

the impact that occurs from the increase in Bitcoin is this, yes bitcoin pairs in altcoins have decreased very deeply,
coins such as Algo, Ethereum and Ripple have also experienced a sharp decline, if the price of bitcoin dumps then the fiat pairs in altcoins also decline again, this is what altcoin is really bad if you buy when the bitcoin price goes up.

shoreno

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Quote from: aemma on December 21, 2020, 01:37:33 PM

With the current nature of the market now, if you are still in Bitcoin then I think that would be the best since your main aim is to increase your Bitcoin holding, but if you are in altcoins already then be sure they are good altcoins because Bitcoin is still in control of the market and altcoins, or rather some altcoins not among top altcoins will be dumping even more. Also, if you are not in good altcoins, then decide what to do in order not to lose entirely, because Bitcoin is still dominating the market in a big way.
Talking about altcoin season, only few altcoins grew with Bitcoin for the past days now, while others didn't find it easy, therefore if altcoin season is to come, Bitcoin dominance needs to come down, but however instead of waiting for that to happen, as no one knows if it will happen, I think it's better being in Bitcoin or top altcoins.

from what i understand he didnt want to invest in btc but he want alts that are paired with btc. why wish for btc to come down ? just to give way for the alts ? but why not wishing to see them both pump . we can do this if people are going to be like op that keeps on investing altcoins .

btc is doing better now and we dont want this moment to be break down or if they cant wait they are always welcome to join btc . itl be more surer that they can earn than waiting for the unknown in altcoins .

Iyeman

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Quote from: bttmember on November 25, 2020, 05:20:51 PM

Altcoins with btc pairs can remain under pressure untill btc openly moons and sets a new peak but the positive side of the story is that alts will also btc and continue to grow in usd terms and in the end all good coins will be flying.

Even when bitcoin has touched new ATH and those coins are not yet increasing a lot. That means the people are only focusing to pump bitcoin at this moment dude.
They are not growing a lot even in USDT pair. They are loosing more value in bitcoin pair. There's no reason for altcoin to win against the bitcoin pair right now.
The altcoins are loosing more and more when the value of bitcoin will increase even higher.

aemma

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With the current nature of the market now, if you are still in Bitcoin then I think that would be the best since your main aim is to increase your Bitcoin holding, but if you are in altcoins already then be sure they are good altcoins because Bitcoin is still in control of the market and altcoins, or rather some altcoins not among top altcoins will be dumping even more. Also, if you are not in good altcoins, then decide what to do in order not to lose entirely, because Bitcoin is still dominating the market in a big way.
Talking about altcoin season, only few altcoins grew with Bitcoin for the past days now, while others didn't find it easy, therefore if altcoin season is to come, Bitcoin dominance needs to come down, but however instead of waiting for that to happen, as no one knows if it will happen, I think it's better being in Bitcoin or top altcoins.

bttmember

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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?

Altcoins with btc pairs can remain under pressure untill btc openly moons and sets a new peak but the positive side of the story is that alts will also btc and continue to grow in usd terms and in the end all good coins will be flying.

gatti

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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?

Some coin paired with bitcoin.Altcoin will had a pair with both reputed coin like etherum. You should use of strategy to get a good profit.
Usdt may had a impact by it's vale.

qualitywork

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Quote from: Inspiron14 on November 25, 2020, 12:47:33 PM

Quote from: Bergluft on November 24, 2020, 04:46:36 PM

Quote from: lunnatic on November 24, 2020, 02:59:34 PM

Quote from: Bergluft on November 24, 2020, 08:21:12 AM

Quote from: ?? on ??

It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?

it's better to be enrty in the USDT pair,
because in the BTC pair it is very risky if the bitcoin price drops your rate will also go down,
but if the pair you are using is USDT then you will be safe from volatility.

So it is always better to go Fiat-->Alt-->Fiat or Fiat-->BTC-->Fiat ?

If from my point of view it is Fiat to ALT or BTC to ALT,
if you look at the altcoin chart in tradingview and open the BTC-ALT chart then you will find the answer,
because now everything is bottom.

Yes, most people are afraid of what will happen if the value of bitcoin drops while they trade using BTC paired with Altcoin. It's risky but at the same time it can provide profit especially during these situations wherein Bitcoin is bullish and I prefer trading pair of BTC-ALT as it has worked for me on multiple occasions and I prefer taking risk.

Inspiron14

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Quote from: Bergluft on November 24, 2020, 04:46:36 PM

Quote from: lunnatic on November 24, 2020, 02:59:34 PM

Quote from: Bergluft on November 24, 2020, 08:21:12 AM

Quote from: ?? on ??

It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?

it's better to be enrty in the USDT pair,
because in the BTC pair it is very risky if the bitcoin price drops your rate will also go down,
but if the pair you are using is USDT then you will be safe from volatility.

So it is always better to go Fiat-->Alt-->Fiat or Fiat-->BTC-->Fiat ?

If from my point of view it is Fiat to ALT or BTC to ALT,
if you look at the altcoin chart in tradingview and open the BTC-ALT chart then you will find the answer,
because now everything is bottom.

Silberman

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Quote from: temporalminer on November 20, 2020, 07:59:38 PM

Look at it this way: People are selling altcoins for BTC because they're FOMOing the current pump. They are leaving altcoins at ATLow and entering BTC near ATHigh.

What do you think it's gonna happen? The answer is obvious, people entering near all time high on BTC will get crushed and then they will come back to altcoins after they are already on the move.

Don't panic sell at the bottom, the time to sell altcoins is long gone, if you're on the loss with altcoins, hold on to it because trying to time the market is super hard (Not financial advice)

While you make some interesting points I do not agree with them, it is true that people are selling altcoins in order to buy bitcoin because of the fear of missing out but if the price of bitcoin begins to crash they are not going back to altcoins because altcoins are going to be crashing even faster, most likely what they're going to do is to buy stable coins or just get out of the market so the perfect moment to buy altcoins for the long term will come after the crash and not during it

Bergluft

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Quote from: lunnatic on November 24, 2020, 02:59:34 PM

Quote from: Bergluft on November 24, 2020, 08:21:12 AM

Quote from: ?? on ??

It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?

it's better to be enrty in the USDT pair,
because in the BTC pair it is very risky if the bitcoin price drops your rate will also go down,
but if the pair you are using is USDT then you will be safe from volatility.

So it is always better to go Fiat-->Alt-->Fiat or Fiat-->BTC-->Fiat ?

lunnatic

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Quote from: Bergluft on November 24, 2020, 08:21:12 AM

Quote from: ?? on ??

It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?

it's better to be enrty in the USDT pair,
because in the BTC pair it is very risky if the bitcoin price drops your rate will also go down,
but if the pair you are using is USDT then you will be safe from volatility.

Bergluft

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Quote from: ?? on ??

It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?

hahay

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If it is true that history will repeat itself like 2017/2018, then it is very likely that the altcoins season will come after Bitcoin hits the moon. That's an easy look and probably still makes sense because not even the altcoins died during the collapse of the market, maybe just a few who couldn't keep the project going either. But for a popular altcoins that can keep updating their project for the better, then buying at a lower price to prepare for the upcoming altcoin season is a good idea.

didzi

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Quote from: amonymous on November 23, 2020, 01:42:30 PM

Why you gonna think btc pair bottom now, even if you think this right bull for btc then don't try buy now. Especially every holders could buy btc at cheap price so you can think this is right time or not. We shouldn't force you for buying any coin so keep your own search again.

indeed, its time to pick an altcoins now, because look like the altseason is on its way
but remember to pick the right alts to invest, because few alts will die and called by shitcoins in current conditions just like in the past

amonymous

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Why you gonna think btc pair bottom now, even if you think this right bull for btc then don't try buy now. Especially every holders could buy btc at cheap price so you can think this is right time or not. We shouldn't force you for buying any coin so keep your own search again.

lifeOK

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Best strategy would be grab altcoins at this low price, if you're true profit hunter then it might your turn become profitable. Bitcoin is already on fire, now turn altcoins so I think several other coins might follow. It makes sense.

CapGelatik

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Quote from: Cryptoababe on November 21, 2020, 02:36:18 PM

Altcoins to btc are absolutely at the buttom and I'm very sure that altcoins season will still come. I can't just predict the time for that.

everyone also believes that altcoins will come,
but we also have to have a strategy if it fails, it all depends on the dominance of bitcoin,
if it is still high then it will take a long time to see altcoin season arrive.

lamerique

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Hi Guys,

I am getting back to tell you that I've started to invest 0,5 BTC on the alts that I've mentioned on my post== +17% in day. Finally I've decided to DCA since now the rest of my BTC in the alts. As you said previously we don't know exactly when the ATH of the BTC will happen, so I prefer to keep the rest of my BTC (0,5) in case if the BTC pump and reach the ATH, in this case the alts will dump so I will take this opportunity to buy more.

The problem is that a lot of people are complaining of the ROI but they did not understand that they must invest when it's red blood in order to take a good profit. That's how the whales are doing... invest when everyone do not do it.

Also, I wanted to Thank you all of you for your support, that's great to count into a community like you guy's and especially during this crisis time Wink

.

Lordhermes

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Quote from: pucunghul on November 21, 2020, 01:32:40 PM

Good chance if you believe in altcoins and buy them at current prices,
I am sure the next few months are months for altcoins, we will see a rise in altcoins to 10x!

Its already time for altcoin in the market to regain their peak, series of altcoin on cmc is showing a pretty greenish figures and I'm sure op got opinion clear and at high profit now if he bought. XLM, ADA, XRP, and many reputable altcoin is performing well for the last four days, its really their time and investors getting back smaller altcoin to be in high profit since bitcoin is already high.

CaVO32

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Quote from: krisnajsadrak on November 21, 2020, 02:39:45 PM

Quote from: pucunghul on November 21, 2020, 01:32:40 PM

Good chance if you believe in altcoins and buy them at current prices,
I am sure the next few months are months for altcoins, we will see a rise in altcoins to 10x!

maybe 10x or more for good altcoins, not for shitcoins my friend
by the way to choose the right altcoins isn't easy, except we buy some TOP altcoins in the market,
but in my opinion its hard for TOP altcoins to increase about 10x in the near time

Choosing alt is really quite difficult. So if you do want to diversify your portfolio and make sure that you are not investing on a shit coin, take a look at top alts with real purpose. I can give an example, XRP, they are now bullish and I can say, they have real use case being a good payment option by merchants and institutions. However, I am not giving piece of advice here, just giving an example that you may check into. As a serious investor, you have to do your own homework in assessing those alts to buy, and not relying from someone else's suggestion.

krisnajsadrak

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Quote from: pucunghul on November 21, 2020, 01:32:40 PM

Good chance if you believe in altcoins and buy them at current prices,
I am sure the next few months are months for altcoins, we will see a rise in altcoins to 10x!

maybe 10x or more for good altcoins, not for shitcoins my friend
by the way to choose the right altcoins isn't easy, except we buy some TOP altcoins in the market,
but in my opinion its hard for TOP altcoins to increase about 10x in the near time

Cryptoababe

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Altcoins to btc are absolutely at the buttom and I'm very sure that altcoins season will still come. I can't just predict the time for that.

pucunghul

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Good chance if you believe in altcoins and buy them at current prices,
I am sure the next few months are months for altcoins, we will see a rise in altcoins to 10x!

TGD

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Quote from: Kang TB on November 21, 2020, 11:02:44 AM

few days ago altcoin price down in bitcoin terms
but look like few altcoins getting started to increase its value in bitcoin terms now,, and hopefully this is the beginning from the altseason

BTC halt on a massive 1000$ gain within a day and already stable at 18,000 to 19,000USD price range that's altcoins are starting to catch up now. All traders that converted in stable coin just to dodge the massive altcoin dump is now converting back again. Expect altcoin season come when the BTC price starts showing stability on the price then sooner, They will both pump at the same time.

posi

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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?

It maybe an unfortunate decision if choose to invest in some altcoin on exchange through the BTC pair if the altcoin were before BTC bullish market but invest in altcoin using BTC after the recent profit, it an awesome idea cause the altcoin will soon make some good pump in price soon and it good to set aside some stablecoins which will be used as capital in other to invest in the market whenever an opportunity arise.
With that been said, the coins you listed are centralized and highly manipulated coins which is not advisable to invest in, i will advise you to invest in coins like ETH, LTC, XMR, KMD, BNB, NRG, AR etc.

Kang TB

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few days ago altcoin price down in bitcoin terms
but look like few altcoins getting started to increase its value in bitcoin terms now,, and hopefully this is the beginning from the altseason

imstillthebest

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pairings are nothing to do with how the alts move but pairings can differe depending on the exchange that you were using .

usd pairs are useful to secure stability but that was best to do when alts are already jumping .

btc pairs wont be remove on every exchange because most of us do always have a btc available for trading but if i were to ask i will be stingy to hoard my btc now and use other pairs for a while because btc is still growing big .

Dollar_Hunter

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This is what should be a concern now, altcoins will provide a lot profits,
I am sure with this BTC pair which is still at an All time low Altcoin price will increase 200-500%,
and history will repeat itself like last year's altcoin season, if you are still hold, then don't sell.

adaseb

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Just because its cheap doesn't mean its a good time to buy. Back in 2014, the top 10 coins excluding BTC, ETH, LTC and XRP were Peercoin, NXT, Omni, Namecoin, Bitshares, Quark and Megacoin. Now how many of those still exist today? Exactly.

You can go and buy Tron, EOS, Stellar but keep in mind that there is a chance that they might never recover, especially against the BTC pair. So you will keep averaging down and down and pretty soon you will have a very heavy bag. If you are going to buy maybe wait until some type of green candle first. And just buy it on the way up, if it keeps going down then just get out. Use stops and you should be fine.

My choice of safe coins would be DOGE and BNB. Everything else looks too expensive now.

temporalminer

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Look at it this way: People are selling altcoins for BTC because they're FOMOing the current pump. They are leaving altcoins at ATLow and entering BTC near ATHigh.

What do you think it's gonna happen? The answer is obvious, people entering near all time high on BTC will get crushed and then they will come back to altcoins after they are already on the move.

Don't panic sell at the bottom, the time to sell altcoins is long gone, if you're on the loss with altcoins, hold on to it because trying to time the market is super hard (Not financial advice)

sulendra12

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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.

AliMan

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Quote from: Psynthax on November 20, 2020, 04:59:25 AM

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.

bitkanu

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Quote from: ?? on ??

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.

cahkalem

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Quote from: coinporch on November 20, 2020, 03:47:21 PM

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

beerlover

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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.

coinporch

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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

Rodeo02

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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.

Silberman

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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.

MiningBattalion

full member

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Quote from: Herbert2020 on November 20, 2020, 01:56:57 PM

Quote from: lamerique on November 20, 2020, 03:43:57 AM

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.

Herbert2020

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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.

AnonBitCoiner

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Eloncoin.org - Mars, here we come!

Quote from: ?? on ??

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.

ScamViruS

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Quote from: ?? on ??

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.

bocyaj

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Quote from: lamerique on November 20, 2020, 03:43:57 AM

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.

turbo_trader0101

newbie

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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

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

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

Harriti

sr. member

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HEX: Longer pays better

Quote from: lamerique on November 20, 2020, 03:43:57 AM

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.

lamerique

newbie

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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.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

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.

Psynthax

hero member

Activity: 2366

Merit: 504

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.

lamerique

newbie

Activity: 5

Merit: 0

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?

Topic: Altcoin with BTC pair is at the bottom (Read 665 times)