buying alt coins - page 3. | Bitcointalksearch.org

josealerav

newbie

Activity: 238

Merit: 0

Quote from: ruletheworld on November 17, 2017, 11:36:44 PM

Quote from: xCRYPTO on November 17, 2017, 11:32:47 PM

Quote from: kbneo on November 17, 2017, 09:57:28 PM

Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.

Always remember that everytime bitcoin has rising mostly altcoins are dumping because some holders selling to get btc and sell it again to usdt. Then when btc are going to price correction you should buy in dip.. time of dumping. Hope it helps you

And remember, nothing happens "everytime" in crypto. The anti-correlation between Bitcoin and Altcoins never lasts.

Yeah, usually if the price of Bitcoin is going up, it will dim the price of other altcoins down for a bit till it's back to normal.

Varavu

newbie

Activity: 89

Merit: 0

For buying altcoins we need to use bitcoin or ethereum to purchase it. According to its price we will invest in other altcoins. Once other altcoins price goes down botcoin price is blooming.

iEARNnLEARN05

newbie

Activity: 28

Merit: 0

Quote from: kbneo on November 17, 2017, 09:57:28 PM

Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.

Sometimes even dev are also dumping his own coin to get more btc if bitcoin going in new ath. Just my opinion.

ruletheworld

legendary

Activity: 1386

Merit: 1045

Quote from: xCRYPTO on November 17, 2017, 11:32:47 PM

Quote from: kbneo on November 17, 2017, 09:57:28 PM

Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.

Always remember that everytime bitcoin has rising mostly altcoins are dumping because some holders selling to get btc and sell it again to usdt. Then when btc are going to price correction you should buy in dip.. time of dumping. Hope it helps you

And remember, nothing happens "everytime" in crypto. The anti-correlation between Bitcoin and Altcoins never lasts.

xCRYPTO

newbie

Activity: 26

Merit: 0

Quote from: kbneo on November 17, 2017, 09:57:28 PM

Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.

Always remember that everytime bitcoin has rising mostly altcoins are dumping because some holders selling to get btc and sell it again to usdt. Then when btc are going to price correction you should buy in dip.. time of dumping. Hope it helps you

kbneo

newbie

Activity: 4

Merit: 0

Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.

Topic: buying alt coins - page 3. (Read 897 times)