Hi all,
Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?
Thanks
I AM. I think the advantage of using an alternative coin in exchange for BTC is that. It needs less money investment. Which is a good thing for the people who are just starting to grow as a trader. The risky part is, most of the alternative coin are shitcoin, most does have a potential but most investors as well as people that are altcoin enthusiast are not seeing the potential and this would lead to a dumping till lost of this coin value.
There are a lot of ICO going on. and more too come and the competition are tough, so it will be much hard for the investors what to choose.
Of course everyone who is doing trading course would like to earn more profit every one would definitely buy altcoin with btc. I think with a high bitcoin value this is a reason for traders doing that. besides the usual thing I do is always save some btc I have for a long period of time this I do because I am quite aware that it is true bitcoin is a form of investment that is very good for now when compared with investment altcoin. not to mention the current interest of more and more investors for investment dibitcoin this course will continue to pump the value of bitcoin.
I am doing the same too but I am not investing all my bitcoin on alternative coin because I believe bitcoin leads a more profitable investment compared to most other coins in the market.