Do you trade back to the ETH or BTC when buying an alt with ETH or BTC?

patispace

member

Activity: 183

Merit: 11

At first, all my attention was focused on buying altcoins through my bitcoins with the sole and exclusive purpose of increasing my bitcoin holding. But at this moment I have already decided to switch and I am prioritizing the long term accumulation of ether, which is why I now continue buying and selling altcoins mainly through bitcoin, but now I try to exchange at least partially my bitcoins for ethers.

pooya87

legendary

Activity: 3472

Merit: 10611

it depends on your goals and the coin that you believe in surviving and performing best in the long term.
i have 0 faith in ethereum in long term despite it rising so i never save my profit in it. only trade it in short term, meaning it is that X in your equation!

and since i believe in bitcoin and want to increase my share in it, i trade BTC > X > BTC and in the end any profit is coming back to bitcoin and eventually withdrawn to cold storage.

interxbox123

newbie

Activity: 1

Merit: 0

Trade for bitcoins and take your profit when the prices of your alt go up againts bitcoins.

MURONDI

sr. member

Activity: 812

Merit: 257

You should focus on making one of the coins as the target, I suggest you choose usd ($) as your benchmark, there is one coin that represents $ that is tether ($), You can check the tether chart, its value is almost always flat..

Jackblack90909

sr. member

Activity: 552

Merit: 250

Mostly I trade for Ethereum because I am currently holding this coin. I trade ETH with BTC sometimes when I need some amounts in btc, or when the coins I am going to sell are sold with only BTC, but usually I prefer trading with Ethereum, it is stable and growing coin and very useful especially nowadays.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: tatum506 on January 26, 2018, 11:01:16 AM

Quote from: Adel-naguib on January 12, 2018, 09:48:51 PM

Quote from: smoothgrammar on January 12, 2018, 09:45:14 PM

Hi this is my first post Cheesy

This is a question I have where I wonder how bad it is that I bought an alt with ETH then decide to sell it for BTC. I get confused about how to think about or track the ROI which I'm mainly interested in trading relative to BTC prices. (And that's not even considering fiat!)

My overall strategy is hodl and stack BTC but I am also long on ETH and started trading ETH/BTC on occasion.

I tried searching for an answer but couldn't find one so I hope you don't mind sharing your votes and comments if you have any. Looking forward to learning from you. Thanks!

First Target ETH to start 49.96614474BTC me be 1 hour

Bitcoin | BTC | Digital gold
Ethereum | ETH | Programmable contract and money
I think these are the two most reliable coin you can trade, the value of these two coins is number 1 and 2 in the market, you can visit https://coinmarketcap.com/ and see clear that. I think you should buy in now and wait for the price to make a profit.

This is total irrelevant on what op is asking on here.By the way back to topic its up to you on which coin are you focusing on since you have mentioned you are hoarding btc and eth then both ways would be applicable on what you are doing. Talking about roi then its just a simple mathematics which can be calculated if you are really serious on tallying it up.

tatum506

member

Activity: 311

Merit: 10

Quote from: Adel-naguib on January 12, 2018, 09:48:51 PM

Quote from: smoothgrammar on January 12, 2018, 09:45:14 PM

Hi this is my first post Cheesy

This is a question I have where I wonder how bad it is that I bought an alt with ETH then decide to sell it for BTC. I get confused about how to think about or track the ROI which I'm mainly interested in trading relative to BTC prices. (And that's not even considering fiat!)

My overall strategy is hodl and stack BTC but I am also long on ETH and started trading ETH/BTC on occasion.

I tried searching for an answer but couldn't find one so I hope you don't mind sharing your votes and comments if you have any. Looking forward to learning from you. Thanks!

First Target ETH to start 49.96614474BTC me be 1 hour

Bitcoin | BTC | Digital gold
Ethereum | ETH | Programmable contract and money
I think these are the two most reliable coin you can trade, the value of these two coins is number 1 and 2 in the market, you can visit https://coinmarketcap.com/ and see clear that. I think you should buy in now and wait for the price to make a profit.

Adel-naguib

newbie

Activity: 3

Merit: 0

Quote from: smoothgrammar on January 12, 2018, 09:45:14 PM

Hi this is my first post Cheesy

This is a question I have where I wonder how bad it is that I bought an alt with ETH then decide to sell it for BTC. I get confused about how to think about or track the ROI which I'm mainly interested in trading relative to BTC prices. (And that's not even considering fiat!)

My overall strategy is hodl and stack BTC but I am also long on ETH and started trading ETH/BTC on occasion.

I tried searching for an answer but couldn't find one so I hope you don't mind sharing your votes and comments if you have any. Looking forward to learning from you. Thanks!

First Target ETH to start 49.96614474BTC me be 1 hour

smoothgrammar

newbie

Activity: 1

Merit: 0

Hi this is my first post Cheesy

This is a question I have where I wonder how bad it is that I bought an alt with ETH then decide to sell it for BTC. I get confused about how to think about or track the ROI which I'm mainly interested in trading relative to BTC prices. (And that's not even considering fiat!)

My overall strategy is hodl and stack BTC but I am also long on ETH and started trading ETH/BTC on occasion.

I tried searching for an answer but couldn't find one so I hope you don't mind sharing your votes and comments if you have any. Looking forward to learning from you. Thanks!

Topic: Do you trade back to the ETH or BTC when buying an alt with ETH or BTC? (Read 152 times)