Knowing when to trade altcoins with btc vs fiat/stablecoins

wxa7115

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

And you are correct the whole point is to accumulate bitcoin, many prefer to just use their fiat to buy bitcoin and forget about the rest of the market, this is a powerful strategy, but there are many that want to multiply their earnings and if that is the case then they decide to use altcoins to try to accumulate more bitcoin in the process.

Those looking at the altcoins pairs against stable coins or fiat are making a mistake, and what better example of that than what we have seeing during this bull run, many people are happy with their altcoin profits against fiat but when you look at the charts of those altcoins against bitcoin you can see they have been losing value, which means that an investment in bitcoin was more profitable and they just wasted their time.

Kang TB

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

better time to trade your altcoins with stable coins is when you predict if the price will down hard,
so, the value of your capital will always same, and ypu can buy back any altcoins in deeper price, so, you will get more coins

AnonBitCoiner

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

Most traders do of altcoin trading to make a minimum deposits.They hold till the price of that altcoin to reach of good value. Then they get into altcoin/bitcoin pair. 98% of traders do this pair to get into safer side at certain point. If you need some dollars after 10 days. You should start to convert altcoin/ btc pair. Then only you can convert bitcoin to any fiat easily.

Golftech

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Quote from: meldrio1 on March 18, 2021, 12:47:11 PM

I prefer altcoins pairing stable coins in trading because in case the altcoins will go down then you can convert it into stable coins just to prevent of losing more money. Bitcoin pairing altcoin in trading, I don't think so, I don't know if that is profitable because both were volatile, what if both will go down.. you will converting it into stable coin or fiat for sure..

And obviously if that happened to you, your disspaointment will really kcik your butt.

It's tough to anticipate how the market will proceed, each directions needs a deeper anticipation,

what's good with converting your assets to stable coin, is just like you it can prevent you causing

further damage to your investment.

meldrio1

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I prefer altcoins pairing stable coins in trading because in case the altcoins will go down then you can convert it into stable coins just to prevent of losing more money. Bitcoin pairing altcoin in trading, I don't think so, I don't know if that is profitable because both were volatile, what if both will go down.. you will converting it into stable coin or fiat for sure..

Lantind

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Quote from: randomuser789 on March 15, 2021, 01:09:57 PM

i got more valuable info on this thread than my time googling for all of this info so again thank you.

Obviously, because in this forum there are many experienced people who are very professional also in the crypto field, so if you stay here for a longer period of time, then you will always find new knowledge that you may not have known before, welcome to join the forum that is This is very good, have a nice day.

deathcode

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Quote from: tygeade on March 18, 2021, 04:01:15 AM

Quote from: TribalBob on March 14, 2021, 05:50:45 PM

It is difficult to see, I personally prefer to transact ALT - USDT at this time, because for me it is quite profitable, but it does not prevent me from also installing on ALT - BTC and ETH depending on the offers they offer

I also trade with stable coins all the time. For quite a while now, I have started to trade everything be it bitcoins or altcoins, I just trade them with stable coins because it helps me analyze at the end of the month whether I am in profit or loss. Earlier when stable coins were not so popular, I always was confused that although I feel that I have made profit but my portfolio suggests otherwise.

Now with the use of stable coins, I can easily check and determine whether a particular way of trading is working for me or not. Investing in new coins was not working for me, so I stopped doing it. Bitcoin price trading helped me a lot recently so I do it more now days, all this is possible because with stable coins I know how much I am earning or losing.

after all trading with stable assets allows us to avoid the risk of being dumped from the market. yes, sometimes we keep assets when we break trading in the market and after we come back there is a decrease in the value of our assets. and stable assets I think help us from that risk.

but when we want to collect more BTC in the wallet of course trading altcoins with BTC is a pretty good option. but it all depends on the exchange that determines the cost of each transaction we make. because there are exchanges that provide a fee for every order we make, there are also those that give it free without charge.

tygeade

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Quote from: TribalBob on March 14, 2021, 05:50:45 PM

It is difficult to see, I personally prefer to transact ALT - USDT at this time, because for me it is quite profitable, but it does not prevent me from also installing on ALT - BTC and ETH depending on the offers they offer

I also trade with stable coins all the time. For quite a while now, I have started to trade everything be it bitcoins or altcoins, I just trade them with stable coins because it helps me analyze at the end of the month whether I am in profit or loss. Earlier when stable coins were not so popular, I always was confused that although I feel that I have made profit but my portfolio suggests otherwise.

Now with the use of stable coins, I can easily check and determine whether a particular way of trading is working for me or not. Investing in new coins was not working for me, so I stopped doing it. Bitcoin price trading helped me a lot recently so I do it more now days, all this is possible because with stable coins I know how much I am earning or losing.

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Quote from: jrrsparkles on March 17, 2021, 10:54:11 AM

Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

By the way, you are trading to accumulate more BTC then you should trade against BTC pair. And you know why you shouldn't trade against fiat because the BTC price is on the rise means you can possibly accumulate less BTC with stable coin pairs even though you are profitable.

you are right, when the price of BTC has increased then the recommended trade is for BTC pairs. the value of BTC assets owned will increase. whereas for fiat or stable coins, they will definitely have a value that tends to fall more.
but vice versa, when BTC goes down you will see stable assets will experience a small increase. this is the effect of the market releasing more BTC to save the value of their assets.

Argoo

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

There is no universal advice here. In cryptocurrency, everything matters: the general state of the market, the availability of free money, what altcoins are available and their quantity, even news information and the public's expectation of certain price movements of the cryptocurrency.
To trade tokens, you need to know their project and the prospects for their growth. Here, first of all, small details are important. All this comes with experience.

jrrsparkles

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

Hi,

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

Any knowledge will be greatly appreciated!

By the way, you are trading to accumulate more BTC then you should trade against BTC pair. And you know why you shouldn't trade against fiat because the BTC price is on the rise means you can possibly accumulate less BTC with stable coin pairs even though you are profitable.

fullhdpixel

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

It's quite simple actually.

Trade BTC/Altcoins pair when there is a bull run going on in the BTC market. This is because when the price for BTC is dropping, you can convert them into altcoins and save them at a better value. Saving them in stable coins is not worth because then the growth possibility is gone since stable coin never go up or down.

Trade BTC/stablecoins when all the markets are crashing, not just BTC but also when the altcoin market is crashing quickly. This helps you restore the best possible value for your coins. Once the bull run stops, you can just buy the coin you feel has the highest potential again.

I hope it helped and more hopefully you are actually interested because otherwise all the explaining and everything goes in vain.

randomuser789

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i got more valuable info on this thread than my time googling for all of this info so again thank you.

Teraboy

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If you are wanna avoid the volatility and go for stable but when you are bitcoin believers and go for bitcoin. That depends on what will be your intention whether you wanna try to earn money through bitcoin or fixed profit from the stable coin. It's quite simple to say that if all depend on yourself dude.
Basically people will go for bitcoin when the bull trend is coming like this time but they will be dumping their coin for altcoins when bearish trend changed the climate of bullish trend

michellee

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Quote from: doctor877 on March 15, 2021, 05:33:50 AM

It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair. Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.

No matter what pair he chooses, he needs to know where the trend flows and select the coin to trade. In the stablecoin pair, he can also try to choose the coin, but still, he needs to analyze one by one of the coin list to find the coin. With so many coin list at the bitcoin pair altcoin, he can confuse or find the coin, but if in the pair of stablecoin, maybe he will have the chance to buy the coin to analyze.

ene1980

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Quote from: randomuser789 on March 14, 2021, 03:15:57 PM

I am having a hard time understanding when it is more beneficial to trade altcoins/btc pairs vs altcoins/fiat(stablecoins) pairs. I always thought the name of the game was to accumulate more btc but I almost always see charts, posted publicly (twitter/internet), of altcoins vs fiat(stablecoins).

The name of the game is always accumulating more bitcoin and that is what everyone or alteast i was thinking when the ICO market boom started and it was fun but with the price of bitcoin so high you need to be careful about that as well. I am trading the alts with dollar or stable coin pair for the time being and then will decide on what to do with it because it is not the best time to accumulate bitcoin in my opinion.

virasisog

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If you are following BTC trend you can trade using BTC pair. It depends on the situation, if you think BTC is still bullish pair your trades with BTC. It is not advisable to use BTC pair if the market is bearish. I prefer trading with stable coin pair especially when I am taking my profits, or planning to switch to other alts.

doctor877

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It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair. Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.

doctor877

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It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair. Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.

doctor877

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It's kind of easy to follow when trading a stablecoin pair. I personally prefer to trade it instead of the the BTC pair. Also it depends on the aoir that suits you most and the reason for choosing such pair. If you are good with BTC pairs you can go along with it. It also depends on the exchange you are trading.

Topic: Knowing when to trade altcoins with btc vs fiat/stablecoins (Read 261 times)