How can one accumulate more Bitcoin in portfolio through trading?

Alexandr210774

newbie

Activity: 98

Merit: 0

Quote from: AF80 on March 05, 2018, 03:28:08 PM

Hey everyone,

For the experienced traders here, I've watched quite a few vids but nothing really touches on this. How is it possible to trade Alts for more bitcoin, when the Alts are almost always weaker than Bitcoin and it is a few strange Alts which are in the green vs. Bitcoin.

I haven't had problems getting more Eth through trading Alts, but Bitcoin is just really tough. I noticed a good Alt is Monero which seems to get the upper hand on Bitcoin.

I have considered, doing a back and forth trading using USDT, where when Bitcoin is weaker than the dollar, I would buy with USDT, and when it gets higher, I sell.

Any advice?

You can participate in a variety of bounty or ICO. It is natural to trade on stock exchanges. You wrote with USDT in bitcoin and bitcoin in USDT, this option, so-so. But, all this is suitable for multiplying Bitcoins.

ruletheworld

legendary

Activity: 1386

Merit: 1045

Quote from: AF80 on March 05, 2018, 03:28:08 PM

Hey everyone,

For the experienced traders here, I've watched quite a few vids but nothing really touches on this. How is it possible to trade Alts for more bitcoin, when the Alts are almost always weaker than Bitcoin and it is a few strange Alts which are in the green vs. Bitcoin.

I haven't had problems getting more Eth through trading Alts, but Bitcoin is just really tough. I noticed a good Alt is Monero which seems to get the upper hand on Bitcoin.

I have considered, doing a back and forth trading using USDT, where when Bitcoin is weaker than the dollar, I would buy with USDT, and when it gets higher, I sell.

Any advice?

If you're an experienced trader, you should know the answer to this already.

There are periods where Bitcoin is very strong, and there are period where the alts rally a 100% a day. We're in the former period now, the latter was the case in say Nov 2017 or so.

There's a reason there's the HODL meme in Bitcoin. If you don't know what you're doing, which seems to be the case here, you are just much better off holding BTC instead of trading.

AF80

newbie

Activity: 4

Merit: 0

Hey everyone,

For the experienced traders here, I've watched quite a few vids but nothing really touches on this. How is it possible to trade Alts for more bitcoin, when the Alts are almost always weaker than Bitcoin and it is a few strange Alts which are in the green vs. Bitcoin.

I haven't had problems getting more Eth through trading Alts, but Bitcoin is just really tough. I noticed a good Alt is Monero which seems to get the upper hand on Bitcoin.

I have considered, doing a back and forth trading using USDT, where when Bitcoin is weaker than the dollar, I would buy with USDT, and when it gets higher, I sell.

Any advice?

Topic: How can one accumulate more Bitcoin in portfolio through trading? (Read 107 times)