This is just my view. Please do trading as per your all wisdom.
Thanks.
Topic: BTC Trading Vs ETH Trading (Read 100 times)
Hello,
First post: Expect some errors....
... Will improve...
Few experience people will think differently but this article is for new traders.
BTC and ETH are top two crypto currency with almost every centralized exchange have this two markets for sure.
The percent of fluctuation between the two currencies is quite different and with detailed study about the fluctuation pattern it will show that ETH value gets more fluctuation. One of the factor is user base of BTC is quite high as compared to ETH or any other currency. So whenever any announcements are out globally which is related to finance, bigger political decisions and like wise, the ETH market gets disrupted much more than BTC market.
Detailed study shows that when crypto market small holding accounts see some setback to crypto industry, they try to convert to stronger currencies or try to move out of fluctuation by converting to stable coin or fiat currency. Due to this a right judgement has to be made and need to use opportunity.
I am trading from 2016 and have learned from experience that never to put full amount in trading but to keep 50% amount available in stable coin or fiat to use opportunities of fluctuation. If you are really good at taking decisions and handle loss then you should play with ETH pairs. This will gie you more profit than BTC pairs. BUt at the same time also remember that if things don't get as you wanted, you will loose greater here. While on other hand with BTC pairs, you get quite comfortable time to take decision. Can see market trend and trade. Less profit with BTC pairs but less risk.
Few experience people will think differently but this article is for new traders.
I hope this help some. Suggestions and corrections are always welcome.
Recommended exchanges: Please select top 5 exchanges from coinmarketcap for initial level traders. They have good interface, good support.
Good Day Ahead
First post: Expect some errors....
... Will improve...Few experience people will think differently but this article is for new traders.
BTC and ETH are top two crypto currency with almost every centralized exchange have this two markets for sure.
The percent of fluctuation between the two currencies is quite different and with detailed study about the fluctuation pattern it will show that ETH value gets more fluctuation. One of the factor is user base of BTC is quite high as compared to ETH or any other currency. So whenever any announcements are out globally which is related to finance, bigger political decisions and like wise, the ETH market gets disrupted much more than BTC market.
Detailed study shows that when crypto market small holding accounts see some setback to crypto industry, they try to convert to stronger currencies or try to move out of fluctuation by converting to stable coin or fiat currency. Due to this a right judgement has to be made and need to use opportunity.
I am trading from 2016 and have learned from experience that never to put full amount in trading but to keep 50% amount available in stable coin or fiat to use opportunities of fluctuation. If you are really good at taking decisions and handle loss then you should play with ETH pairs. This will gie you more profit than BTC pairs. BUt at the same time also remember that if things don't get as you wanted, you will loose greater here. While on other hand with BTC pairs, you get quite comfortable time to take decision. Can see market trend and trade. Less profit with BTC pairs but less risk.
Few experience people will think differently but this article is for new traders.
I hope this help some. Suggestions and corrections are always welcome.
Recommended exchanges: Please select top 5 exchanges from coinmarketcap for initial level traders. They have good interface, good support.
Good Day Ahead
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