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Topic: Bitcoin up Altcoin down | what is your trading strategy? (Read 1951 times)

sr. member
Activity: 602
Merit: 253
To be honest, I would go with altcoins in case alts prices are going down real low, tho. I'll do some research first, both TA & FA.
Then bought some alts that will likely have a good price in the future. I think around 50% for btc and the rest for alts.
Since bitcoin price already expensive enough to buy but not alts, then we need to be smart about which one to choose.
hero member
Activity: 882
Merit: 500
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

Actually in this condition to face we need to work in advance with money , we should have btc at the exchange ( don't buy at the moment of increasing ) . If we have bitcoin at the trading site then with the every drop in the price of the altcoins we should buy them again and again because we know that after the market become stable for the bitcoin we will get much profit easily .
And also here I use the same trick in the bitcoin to have but every time with down in the values with the dollers , tht needed to have money in pocket .
sr. member
Activity: 420
Merit: 256
اللعنة
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

There's actually only one thing to so in this situation: HOLD YOUR BITCOINS and BUY ALTCOINS. By doing such thing, you'll be able to prevent big loss if ever the situation goes the other way around. Holding bitcoins at this point is a great choice, especially that its value continuously rise up. Don't sell yet your bitcoins. There's still forking expected to come in the future, and you should also expect that bitcoin price will still rise up by that time.

Also, buying altcoins at the low price is an ideal thing to do. Crypto-market is like a see-saw when it comes to bitcoin and altcoin prices. When bitcoin price goes up, altcoins' price usually goes down, and vice versa. Thus, buying altcoins now, and selling them later will be a profitable strategy.
member
Activity: 210
Merit: 10
If Bitcoin up and Altcoin down, the basic stragedy for this moment is sell all altcoin for Bitcoin then wait till the first signal that showing Bitcoin down then buy Altcoin.
member
Activity: 742
Merit: 10
if bitcoin prices up , you must save your btc.. dont use for trading , high risk trading with btc which prises can up everyday
if prices altcoin down , you must wait price that altcoin up.. because if you trading while price altcoin down.. you loss
but i think , you loss just 20-30% and if you use btc for trading now.. you can loss 45-60%
Trading needs luck bro , so i say to you "Good Luck"
full member
Activity: 644
Merit: 101
If trading altcoin with paired with BTC, for the better do short trading and specify the stop loss area to minimize lose, and will be to risk if we do longterm trading because the price of BTC strong up trend. And for long term trading for the better choose paired with USDT or other fiat currency.
newbie
Activity: 13
Merit: 0
I always choose altcoin. Solid trade , solid exchange.
sr. member
Activity: 448
Merit: 250
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


Simple for me, hold your altcoin because i believe price  of bitcoin will be decrease again and price of altcoin will be up again
sr. member
Activity: 812
Merit: 251
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink


That is normal anyway, then if bitcoin are getting down its about time for the others altcoins to increase there value, its only vice versa happening in the field of trading.
legendary
Activity: 2898
Merit: 1006
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today happened again that when bitcoin price up then majority altcoin was down but i think no need to worried if you have major altcoin such as LTC or ETH which is have strong community because there is the time it will pumped again so hold them is good option for me and also while i had hold my altcoin and it's time to get more profit on bitcoin price because when the price of bitcoin raising again then this is good to utilize it
full member
Activity: 742
Merit: 100
Yes you are said right way to bitcoin pump and Altcoin Dump but you have never see this market strategy . When suddenly bitcoin grow on that time altcoin dump but after sometime later when bitcoin will be a stable with his price then altcoin again will be pump so just wait and see atcoin market.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
Bitcoin prices are getting more expensive and the price of altcoin is getting lower.
For you altcoin traders, I want to know how the strategy you are using in the current situation. Let's share the experience here.
Your answer is greatly appreciated.  Wink

I has been seeing for a year that when btc will go to up but altcoins goes down, and when btc fall down also altcoins fall down. It is very serious moment for the trader.If any body got the situation when btc will up and down he must success in trade.So i want to say that when the btc is remaining stable for few days or months Then altcoins can go up. In this situation i am holding my btc and and try to sell altcoin as soon as possible and buy again in the dip.
hero member
Activity: 560
Merit: 500
Right now bitcoin have taken a dip so it can be good time to invest your money and maybe soon bitcoin will recover and you will make money.
sr. member
Activity: 2436
Merit: 343
I am just buying altcoins and right now i am just holding them because i believe that if the bitcoin cash rally will continue then the market of bitcoin will go down and i believe that is the time when altcoins will go up really high and bounce back from a huge dump in the market. This is the risk and consequence of trading and i hope that most of us will not quit just because of losses.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I am facing this problem right now . I am an altcoin trader . I had never seen altcoins price fallen like now . I am holding all of my altcoins right now . I will not sell any of my coins until its price is stable again . I think holding is the right option for us right now
Yeah holding is best option for you. Don’t get panic on this situation. There is always a reciprocal thing between bitcoin and altcoin in the international market. Like now, bitcoins are going amazingly up and so is the downfall for altcoin, I understand you feelings. Keep patience and a time come when your altcoins will be getting their heads up. Wait and watch for good time.

Well hopefully the alts you've been keeping has recovered. Btc plummeted scarily earlier with the surge of bch. In cases like this, you're actually right in holding. If that's a reliable coin, your patience will be rewarded.
hero member
Activity: 896
Merit: 502
I am facing this problem right now . I am an altcoin trader . I had never seen altcoins price fallen like now . I am holding all of my altcoins right now . I will not sell any of my coins until its price is stable again . I think holding is the right option for us right now
Yeah holding is best option for you. Don’t get panic on this situation. There is always a reciprocal thing between bitcoin and altcoin in the international market. Like now, bitcoins are going amazingly up and so is the downfall for altcoin, I understand you feelings. Keep patience and a time come when your altcoins will be getting their heads up. Wait and watch for good time.
hero member
Activity: 896
Merit: 514
My tradng strategy is based on technical analysis and fundamentyal news. i basically trade altcoins then convert those profits to bitcoins since the price of bitcoin is usually stable in the longterm
This is best way to trade. I also keep up with various sites that do help to become updated about the recent activities involving currency rate changes as well as any recent news about the technical analysis of different digital currencies. First one must trade in terms of altcoin and then convert all the profit earned into the most stable currency that is bitcoins.

As trading is more vulnerable to losses therefore altcoins are better option for this purpose having a value of only 0.001 percent of single BTC.

full member
Activity: 229
Merit: 100
There are many strategies here. Holding bitcoin is one of them. Just hold bitcoin and exchange it to another altcoin when it hit the new peak. And wait for bitcoin to go down and sell all of your altcoins to bitcoin. Keep repeating until you x100 your balance. I have tried it and it do really work. But I have just only x2 my balance
sr. member
Activity: 1400
Merit: 259
Luck strategy. Opening the trading website at the right time.
I have experienced a lot of bad luck recently when I am late for the trade.
When I se at the trade history there have been a lot of sold coins that I support which are in better prices.
So now I want to see where I could go when I base it with that. I dont have the time to monitor it every minute for I have work so I will try that strategy.
jr. member
Activity: 57
Merit: 10
I'd simply say you spread out your investments in all: altcoins and bitcoin. When dealing with alts, one should be more prudent so you don't end up with shitcoin. More sooner than later, the right alts would come back up.
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