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Topic: Im new i have a question about btc and eth (Read 10971 times)

legendary
Activity: 2408
Merit: 2226
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April 30, 2019, 09:25:08 AM
#60
It's too hard for me understand OP questions. What I get from your point, you are asking about USD price may be. If you buy eth against btc then don't calculate price on USD. You should check price against btc. And yes, eth dump currently. So you have lose your btc. Because you trade against btc. So you have to wait until recover your buy price. Don't compare with USD since you bought against btc. It will make you confuse. If btc dump against USD, that's not related with ETH price. All altcoin always do not follow bitcoin trend.
hero member
Activity: 1218
Merit: 534
At least you are trading with the top coins and not some dead altcoins.  The btc ratio moves a lot and can move 10 percent in a short amount of time, there is a lot of money to be made trading btc ratios if you are patient
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
Hi im new and my english is poor but i want to explain my question

I use binance and i bought Eth with my btc

thenwhen btc raise eth go low, but each price went high, i dont understand why this happend.

Right know im - %10, btc raise and eth each price raise but im still going low, why?


You choice bitcoin and eth both are expensive and popular coins, majority of traders invest in both of them. But it is true, once bitcoin go to up and eth price go down, because both are against of dollar. I aware you bitcoin and eth both are best for holding long time, So hold them for a time, i am sure in future both will give you good profit.   
hero member
Activity: 1120
Merit: 554
All cryptos move in the same general direction but the btc ratios can change by quiie a lot.  Thats why most  people suggest putting an equal amount of money into the top 10 crypto coins.
hero member
Activity: 2982
Merit: 610
Before investing your money in cryptocurrency you have to know what trouble will be faced, you have ready when your asset is lower and higher price, maybe you have asking first how to start investing with bitcoin and altcoin.
It's not called a trouble but more appropriately a risk.
Everyone should, because investing comes with a risk, it's just divided into low risk and high risk, pick which of the two you like.
In crypto, I consider it a high risk investment but it's possible to make big profit here, that's why people are risking their money for the future of crypto.
full member
Activity: 756
Merit: 112
~
Quote
Right know im - %10, btc raise and eth each price raise but im still going low, why?

Hodling for a longterm will be the best, so, HODL.


Yeah of course if someone lost from active trading the best advice is to HODL for longterm  Roll Eyes

Its because of the value of the currency pair you are at which is BTC. And you are comparing US DOLLAR value. This will really confuse you. If you like looking at the dollar value better use USDT pair. USDT is pegged to dollars so the result of comparing would probably be more of what you like and need.
full member
Activity: 532
Merit: 100
Before investing your money in cryptocurrency you have to know what trouble will be faced, you have ready when your asset is lower and higher price, maybe you have asking first how to start investing with bitcoin and altcoin.
sr. member
Activity: 1009
Merit: 328
Bitcoin and ethereum is the most popular and reliable coin in crypro feild many people wanted to have it because of its amazing value and prices. I believe that both coin is now still the leading coin in crypto feild.
legendary
Activity: 3164
Merit: 1127
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I was confudes because on binance right know: 0,030879 - $171.60 ETH /BTC
but when i was buy eth like a week or two week ago it was 0,034000 - $165.00 ETH /BTC

My question was, i bought eth at $165 and right know its $171 but whem im - %10 ?

This happened because bitcoin increased in price, but you still continue to have losses because you are trading ETH/BTC

You should pay close attention to making trade.

you bought ETH when the price was 0.034, and the price drops to 0.03 BTC, so you have losses. (you will have to wait for some day the price to increase above 0.034 BTC for you to sell and make a profit)

And you can also trade  ETH/USDT (this is more profitable and dangerous) because you should control the price of  ETH/BTC
hero member
Activity: 3052
Merit: 651
Hi im new and my english is poor but i want to explain my question

I use binance and i bought Eth with my btc

thenwhen btc raise eth go low, but each price went high, i dont understand why this happend.

Right know im - %10, btc raise and eth each price raise but im still going low, why?


I am also not good with my English but I do understand you so you are fine.

Look, you are not the only buyer in the whole crypto currency industry.
There are investors who are also buying ETH which could raise its price in any moment.
Same with other coins specially bitcoin which is used as the main coin for buying other currencies.

It aint the old age anymore where bitcoin up and altcoin down and vice versa.
There is this medium now which is USDT that is being used for escaping certain falls.
sr. member
Activity: 2366
Merit: 448
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Bitcoin and Ethereum are cryptocurrency coins that are good to buy or own, but both have different ways of moving and the most important is when you buy them in the right position and at the right time, and everything will be a lesson for you if you are a beginner .
if you are not satisfied with the results of Ethereum because the increase in Bitcoin is much higher because Ethereum is far better to invest in the long term, and if you regret you have to wait Ethereun to rise a little then you sell it to buy bitcoin because bitcoin is much better than the other coins you buy or invest.
legendary
Activity: 2030
Merit: 1028
Are you understand what trading is ?

Are you understand what investing is ?

If you are not ready for the loss, better stay away from it because you're not reach to join this kind of activity.
Better you keep your money on bank, that much better ( SAFE )  Wink
full member
Activity: 924
Merit: 221
That is market price volatility for cryptocurrency especially bitcoin and eth. For now, only bitcoin had a high volatility latelt because this is the only crypto that has been originated since Satoshi created this first crypto. Eth is just an altcoin so this is why more users choose to side on bitcoin imstead of eth.

But, you should not worry for ETH will have a high volatility also maybe not for now but in the near future.
full member
Activity: 546
Merit: 100
Hi im new and my english is poor but i want to explain my question

I use binance and i bought Eth with my btc

thenwhen btc raise eth go low, but each price went high, i dont understand why this happend.

Right know im - %10, btc raise and eth each price raise but im still going low, why?


Because u see the price ratio in eth/btc , it's looks going lower but actually you have still the same amount in btc and also actually you have more fiat if you convert your btc.
Also sometimes the price of ETH is really going down because of btc bullish, people are selling their ETH to ride BTC to higher level
copper member
Activity: 448
Merit: 3
Ethereum always loss against the bitcoin. I always prefer to keep my fund in bitcoin and not even USDT, what happened in your case is that ethereum loss low while bitcoin was rising, it didn't rise along with bitcoin. Sometimes it can be wise to just buy some few stakes in ETH and other altcoins and hold a higher percentage in bitcoin, I trust bitcoin more than any other coin in the market.
sr. member
Activity: 1078
Merit: 256
Hi im new and my english is poor but i want to explain my question

I use binance and i bought Eth with my btc

thenwhen btc raise eth go low, but each price went high, i dont understand why this happend.

Right know im - %10, btc raise and eth each price raise but im still going low, why?

Don't be bothered, as long as you are not selling your ETH back to BTC you are still in good position, its a cycle where you needed to learned about this trading activities, the fluctuations will eat you up if you make a wrong decision, try to keep reading more information about tradings there's a lots that you can find from the internet for your references.
member
Activity: 238
Merit: 11
Hi im new and my english is poor but i want to explain my question

I use binance and i bought Eth with my btc

thenwhen btc raise eth go low, but each price went high, i dont understand why this happend.

Right know im - %10, btc raise and eth each price raise but im still going low, why?

I can sense you traded at the wrong period with low in depth in trading. trading is for the experienced and for those who can sense and differentiate between the bearish and bullish market. there is time for buying and there is time for selling. I suggest if you're interested in trading, please get someone with experience to lecture you more before you lose everything on the market.
sr. member
Activity: 1330
Merit: 256
buying ETH with BTC is a good decision. ETH value is still low. and that is our chance to buy more ETH assets before the ETH returns to reach $ 1000 like in 2017. if the BTC pump, then ETH will also pump. BTC estimates will again reach 20K. and ETH will return to the price of $ 1000.
member
Activity: 784
Merit: 10
I think its about fluctuation. You bought ethereum by bitcoin and when you bought it at its price it drops and then later you found out that you still lose, yes because the price of ethereum went down, i suggest that to be able to recover what you lose, just hodl for now and sell or trade it in a profitable time.
member
Activity: 406
Merit: 10
I think this topic should be moved to beginners and help.

Anyway always check the Satoshi difference of a coin against Bitcoin and not only the price.
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