Do you trade altcoin with BTC ? - page 7.

Radoyan1188

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Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

always I like alt coin to btc for trade. first I select aome alt coin that future is good then start trade this coin. if this coin price is fall I wait for increase. so I don't get any loss.

Goldmanfuckhs

newbie

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Yes.
XRP was just very good today so I would watch and probably buy more to sell it at 0.20 USD

It seems the altcoin is getting better to BTC now

setupbounds

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Quote from: marcuslong on September 14, 2017, 12:41:10 PM

Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

Yes i use USDT to buy BTC and then i used bitcoin to buy altcoin to make a profit this is the best way if you want to exchange or invest your money into bitcoin then use alternative coins too while you were waiting for the bitcoin price to increase , I don't usually mind the price of bitcoin as long as i earned i always manage to hold them and wait for the final price .

That’s pretty wise if you hold your bitcoins until and unless they don’t reach our targeted value but I am surprised that you trade bitcoins to buy altcoins, how can one sell gold for buying silver? No altcoins ahs potentials of generating refunds that are produced by bitcoins. I will at least never sell bitcoins for altcoins.

giveen

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I mostly trade with btc my main aim is to increase the amount of btc I'm holding and amount of fiat i have. This might not be as profitable or it can take a lot of time for a alt to increase in terms of btc but when it happens it has it's moments. I have been thinking about this for a long time now i might switch to fiat trading because even if usd value increases btc value remains same.

Francis Freeman

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Sovryn - Brings DeFi to Bitcoin

Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

Neither Bitcoin nor fiat money. I prefer to use ETH instead, because it is easier to deposit than fiat and it's cheaper and faster than Bitcoin. I also prefer to hold Bitcoin.

On bittrex and other exchanges as well there are many ETH markets.

whaawh

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Quote from: Dudeperfect on September 18, 2017, 02:17:33 PM

I used to trade in BTC/FIAT currency because there was (and still there is) an opportunity of earning handsome amount of profit by offering multiple payment options, prompt and trusted service to the buyers (usually non-traders who are willing to either buy or cash our their Bitcoins). I know some traders who are earning anywhere between 1% to 20% in each trade by offering such service on Localbitcoins.

As of now, I am focusing on long-term investing rather than trading and yes I am doing some research on alt-coins like Ripple, ETH etc.

The fact that I also have to deal with pre-term investment, but the fact that the trade does not give an opportunity to receive the money did not give her name perspectives, namely today. I combine useful with pleasant and it turns out for me.

Dudeperfect

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I used to trade in BTC/FIAT currency because there was (and still there is) an opportunity of earning handsome amount of profit by offering multiple payment options, prompt and trusted service to the buyers (usually non-traders who are willing to either buy or cash our their Bitcoins). I know some traders who are earning anywhere between 1% to 20% in each trade by offering such service on Localbitcoins.

As of now, I am focusing on long-term investing rather than trading and yes I am doing some research on alt-coins like Ripple, ETH etc.

anklas

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Merit: 15

Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

Yes i do buy alt coin with bitcoin. The higher the bitcoin the more Altcoins that i can buy. It is better than fiat money because of the high value of bitcoin it is indeed an advantage to buy altcoins

Potato Chips

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yesssir! 🫡

I only trade altcoins mainly with bitcoin as it is very helpful because of its wildness and of course out of all cryptocurrency bitcoin is the most suited for long term holding unlike other

who might crash and recover after a long time. i haven't tried usdt as i have a huge doubt on centralized cryptocoins although their idea is great that the price alines to dollar but i

often seen that it falls under the price of a dollar. Moreover bitcoin have more trading pairs than usdt and eth.

commanderbitcoin

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Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

I do trade bitcoin with altcoin because both of them increased it's value. Fiat is a stagnant value currency and I would not suggest to put your earnings into it. Just trade bitcoin or altcoin to fiat if you need to buy stuff that you need on a daily basis or pay your monthly bills.

NewBet

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How else? Usually the only way to trade altcoins is either by using Bitcoin, or if they are in the top 5-10 of alts then you can find them on some exchanges for USD also. Although in 99% of cases you are going to need to deposit some BTC before being able to trade alts. And if you are asking if I do myself? Of course, I am currently holding some altcoin, although mostly fiat at the moment.

CODE200

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Quote from: Aleya on September 11, 2017, 12:18:59 PM

yes, I also do it.I like to trade alt-coin with bitcoin pair instead of USD. bitcoin is more valuable and good for me.I can use it anytime and can store it.its easily to trade with bitcoin also.The value of bitcoin is also a good reason for choosing the trade with bitcoin.its increase and decrease anytime so its a good choose to trade with bitcoin.

Of course people actually deal with trading with the used or altcoin. In the first place , altcoin or the alternative crypto-currencies depends on the price or the current value of Bitcoin which makes altcoin valuable in terms on its designated mode of transaction. And for a specific altcoin to develop it would need trading for its price to develop and to have improvement.

FrankNoland

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Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

Usually when I trade, I use bitcoin all the times. I haven't traded with fiat , tether or any other currency and not intending to any time soon. I think bitcoin is the most reliable cryptocurrency in terms of trading. The only reason why I use bitcoin is only that its reliable, fast and secure. Bitcoin has so much value and altcoins have lower values, if you are trading with bitcoin, it might be possible for you to get huge amounts of different altcoins with only one bitcoin for instance. And if you are willing to hold all the altcoins you bought for a few months/years, you might start making profit and sell those altcoins for bitcoins.

Shinza

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investing btc and altcoins is probably my best option. I feel that btc or altcoins still have a certain stability and are trusted by everyone. and btc or altcoins can meet the needs of users whether they invest in short or long term.

fullypak

legendary

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Quote from: nelmari on September 18, 2017, 11:08:02 AM

I trade altcoin with BTC because I don't want to use any type of credit card to buy bitcoins or altcoins when trading. Anyways I was thinking you will still convert them to BTC so why the hassle, what I do is I usually exchange my fiat or local money to BTC then I send my BTC to the trading site and buy the altcoins I'm aiming for long term.

We have options to do trading. We can buy altcoins with bitcoins and also we can buy BTC plus other altcoins with ETH. And USDT also one of the option to do altcoin trading. I usually do trading with these coins. Most I used by BTC to altcoins or USDT to altcoins. We can buy altcoins with bitcoins it is worth, but while converting to BTC it is a bit confusing we are in profit or loss because the bitcoin price will confuse us.

nelmari

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I trade altcoin with BTC because I don't want to use any type of credit card to buy bitcoins or altcoins when trading. Anyways I was thinking you will still convert them to BTC so why the hassle, what I do is I usually exchange my fiat or local money to BTC then I send my BTC to the trading site and buy the altcoins I'm aiming for long term.

otol55

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Quote from: rakib97 on September 18, 2017, 09:05:24 AM

Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

always i choose altcoin to btc. have many altcoin that give good earning opportunity cause it price huge increase. if i trade this coin i don't worry about her price down cause i know if i wait some day it price up.

For how long do you exchange Altcoin to Bitcoin. because I see that altcoin is not as strong as Bitcoin one day they will become garbage.
Are you worried about the risk?

noninum

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I trading for earn profit, every opportunity that can be achieved, then i will make a transaction. Btc, fiat or usdt just same because main motivation is profit.

rakib97

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Merit: 250

Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

always i choose altcoin to btc. have many altcoin that give good earning opportunity cause it price huge increase. if i trade this coin i don't worry about her price down cause i know if i wait some day it price up.

ronafurw

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Quote from: Blamsud on September 12, 2017, 09:04:41 PM

Quote from: Simss on September 12, 2017, 08:31:08 PM

Quote from: holepauvre on September 11, 2017, 07:15:58 AM

Hi all,

Do you trade altcoin with BTC or fiat ? (or USDT)
Why did you choose this option ?

Thanks Wink

Usually I do transactions using Bitcoin, because I think doing transactions using Bitcoin makes me easy and simple. I make a transaction using fit only when I do not really have Bitcoin.

Using btc is really a convenient way to do transactions,yet we should minimize using btc since it is much better for saving purposes or for investing and holding since its value can rise anytime soon.

You have rightly said. The value and worth of Bitcoin is far more than Altcoin or any other coin. Trading at the cost if BTC, will not be a good option in my point of view. You need to hold you Bitcoins instead of spending them in trading for other coins, there is no other coin in the world of Crypto currency which is more valuable than Bitcoin.

Topic: Do you trade altcoin with BTC ? - page 7. (Read 5630 times)