Topic: Anyone keep their trading capital in btc? (Read 607 times)
I do keep my capital exchanged into USDT. I do find this as a best practice as USDT is a stable coin. Traders with minimum investment $500, would keep their capital in USDT when trading. Would keep buying bitcoin or other coins and get back to USDT with profits.
Why not, I keep all my trading capital in btc or most of the time in stable coin, bitcoin controls the market and no matter the coin you leave your trading capital in, you might still acquire some loss if the price of bitcoin dumps, so I leave my coin in bitcoin anyways, though I didn't say everyone must leave their coin in btc, I am leaving it their because that's the choice I have made, every trader can make their own choice on where they want to leave their trading capital and no one would say anything about it since it's their choice to make.
BTC is simply a more reliable cryptocurrency, the leader. Meanwhile, I hold the other altcoins as well. For instance, Ethereum is supposed to pump - why not keep it for a long time?
Saving trading capital in bitcoin is of course, but I chose to move it in my big wallet, as it has been talked about a lot if the exchange is not appropriate for storage, because something bad might happen like hacking. Therefore I'm sure some traders will save their trading capital to bitcoin but of course to be safer we will leave the exchange to secure the capital.
Hi,
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
While most would say never store you BTC in an exchange site, traders will still keep an amount of BTC in their exchange site so if there's an opportunity, they have enough funds to jump in and trade. Just make sure that your account is using all possible security options available in the site like 2fa and a strong password to make sure you BTC is safe if anyone tries to hack your account. Just pray that the site itself have a great protection against hackers. I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
Do most people keep it in tether or usdt as oppose to btc? Also the question refers mainly to trading altcoins right? If you are trading btc only or ltc, then arent you going to deal with usd only mainly or usdt?
I believe that mostly traders kept their capitals into btc form rather than to be a USDT or any altcoins aside from ETH. We often to see btc price keeps on moving and also it fluctuations is so high which will give us a way to generate more profits from it. There is a huge demand in btc in which it never takes so long that our buying and selling price will be filled easily.
Do most people keep it in tether or usdt as oppose to btc? Also the question refers mainly to trading altcoins right? If you are trading btc only or ltc, then arent you going to deal with usd only mainly or usdt?
Why not, I keep all my trading capital in btc or most of the time in stable coin, bitcoin controls the market and no matter the coin you leave your trading capital in, you might still acquire some loss if the price of bitcoin dumps, so I leave my coin in bitcoin anyways, though I didn't say everyone must leave their coin in btc, I am leaving it their because that's the choice I have made, every trader can make their own choice on where they want to leave their trading capital and no one would say anything about it since it's their choice to make.
Yeah I keep most if capital trading in btc, so whenever I don't trade I still can make profit if the price going up, but in bear market its better to switch to fiat or usdt, but if you want actively trading then btc is the best form to store your capital, because you can trade any coin using btc and btc price tend to be more stable than any other alt coin
I do that. however, I save it not only in the form of bitcoin, but also in ETH. well, I think the potential of both is the same, so when my token has a bitcoin pair, then I will store it in the form of bitcoin, and if in the form of ETH, I will save it in that form.
It's good to only hold Bitcoin at bear market if you want to play safe. But, if you have been holding Ethereum since last few months or a year ago, you must have lost your portofolio value because Ethereum price has been falling in the whole 2018 years. Well, that should be an experience for you to only hold Bitcoin in the bear market. Hi,
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
I don’t think there is anyone that never does that ,everyone who is into trading does it. I keep my trading money in BTC most of the times , though I do convert some to dollars and keep, but that’s mainly a part of the profit then I continue to keep the rest as BTC for trading. The only time I don’t keep my money in BTC is when I’m not going to trade for a long time, so that I don’t take losses that I’m not even aware of when they happened. I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
Not for me, in this bear market I always put back my capital into fiat. Because we don't know what might happen in next few days, I guess it's better safe than sorry right.
Hi,
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
I do. I have some btc capital in bitmex. And glad that I made it grow bigger than before, by doing some long and short entries. But i didn't keep it long. I just transfer it into fiat when i have enough profits and leave my capital there. I do some altcoin trades, too. And exchange it into bitcoin after a while.
Most of the traders here do that,increasing your bitcoin amount rather than dollars is so good because when bitcoins price pump you can have more dollars.But there are some users who preffer dollar as capital rather than bitcoin because of being afraid to lose money
Hi,
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
I'm wandering if there's anyone here who keeps their trading capital in BTC, say at bitmex.
So, never going short or hedging your dollar value, only ever; no position or long. Adding and removing leveraged positions on top instead - as a form of long and short.
I do not trade a lot, most likely I only keep only a few altcoin in my ledger, and my bitcoin in the local wallet that we have which we can freely convert bitcoin to fiat without paying transaction fees (price based on market price). So, whenever I think that the market is most likely to move upward, I keep my money in BTC, to secure my funds when the market is shaky I move my money to fiat.
only have backup funds in Bitcoin it will certainly hurt you too. I save capital on fiat also just in case when the price falls..
Well, I dont trust USDT so I dont stay with that or trade using it.
BTC and ETH is the storing point for me before withdrawal in exchange. The good part of it is when BTC goes down or up, every altcoin does or we could say a higher percentage of all the altcoin do move the same with bitcoin.
I guess that could also tell you are safe. The value stays and you are safer with bitcoin with a much better chance of going upwards for a better trade.
BTC and ETH is the storing point for me before withdrawal in exchange. The good part of it is when BTC goes down or up, every altcoin does or we could say a higher percentage of all the altcoin do move the same with bitcoin.
I guess that could also tell you are safe. The value stays and you are safer with bitcoin with a much better chance of going upwards for a better trade.
And you're one of the smart ones who don't use USDt and won't become their victim. I knew they were hiding something when they refused to do an audit and then hired some company to vouch for them. They had no money in 2018 and it's only getting worse now. Today they said they have 70% backing instead of 100. They are done.
BTC is going up maybe all the tether bagholders are moving their money? ETH is to weak to use as store of value.
I do that. however, I save it not only in the form of bitcoin, but also in ETH. well, I think the potential of both is the same, so when my token has a bitcoin pair, then I will store it in the form of bitcoin, and if in the form of ETH, I will save it in that form.
Well, I dont trust USDT so I dont stay with that or trade using it.
BTC and ETH is the storing point for me before withdrawal in exchange. The good part of it is when BTC goes down or up, every altcoin does or we could say a higher percentage of all the altcoin do move the same with bitcoin.
I guess that could also tell you are safe. The value stays and you are safer with bitcoin with a much better chance of going upwards for a better trade.
BTC and ETH is the storing point for me before withdrawal in exchange. The good part of it is when BTC goes down or up, every altcoin does or we could say a higher percentage of all the altcoin do move the same with bitcoin.
I guess that could also tell you are safe. The value stays and you are safer with bitcoin with a much better chance of going upwards for a better trade.
I do keep most times my trading capitals in bitcoin and some times flip it with usdt or any of the stable coins. I think it is more safer to keep our trading funds in bitcoin than any of the coins in the market. I also do believe that bitcoin can easily give us value in holding than every other coins.
I always keep my capital at USDT. I open my trade with the few best coins and close it trading into USDT. I calculate the profit in USDT and with the earnings i buy other best coin with cheapest price. I at times wait until the price falls down as like anyone else here. I prefer the stable coin USDT.
I do keep most times my trading capitals in bitcoin and some times flip it with usdt or any of the stable coins. I think it is more safer to keep our trading funds in bitcoin than any of the coins in the market. I also do believe that bitcoin can easily give us value in holding than every other coins.
I am one of those people and when I think bitcoin is going to go low I just turn into fiat on the exchange and than I try to buy at what I think is the bottom and when I think its going to go higher I just keep holding it basically so those are my basically shorts and longs and I never risk anything above my money.
Out of curiosity ... do you leave your BTC at the exchange or transfer it back to a safe wallet? If I send my coins back and forth every time, I probably would have lost money quickly due to the transfer fees ;-)as you are correct that you will lose portions of your money when you keep transferring your coins from time to time, safer as if you are dealing with huge amount of money.
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