Sell BTT to buy more TRX, the power of compounding?

timmmers

sr. member

Activity: 1176

Merit: 265

Quote from: Endikadija on March 12, 2019, 06:27:52 PM

Quote from: timmmers on March 12, 2019, 04:29:20 PM

You have enough BTT to buy TRX? BTT price can´t be compared with TRX. The airdropped BTT are not worthy if you do not have thousands of TRXs. So we are here talking about selling thousands of BTTs to buy 2-3TRXs? Roll Eyes

but it's much better rather than keep them all on the BTT form consider about there will be a lot of coins to be dumped to the market and that means if you must see that from the perspective what happen when airdrop will have sent to all of btt holders.

I do not agree, I would rather keep more diffrent coins.
And Bittorrent looks like it could make profit in the future. It is one of the coin that will be used by people in everyday life. And Bittorrent has big user base.

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: timmmers on March 12, 2019, 04:29:20 PM

You have enough BTT to buy TRX? BTT price can´t be compared with TRX. The airdropped BTT are not worthy if you do not have thousands of TRXs. So we are here talking about selling thousands of BTTs to buy 2-3TRXs? Roll Eyes

but it's much better rather than keep them all on the BTT form consider about there will be a lot of coins to be dumped to the market and that means if you must see that from the perspective what happen when airdrop will have sent to all of btt holders.

timmmers

sr. member

Activity: 1176

Merit: 265

You have enough BTT to buy TRX? BTT price can´t be compared with TRX. The airdropped BTT are not worthy if you do not have thousands of TRXs. So we are here talking about selling thousands of BTTs to buy 2-3TRXs? Roll Eyes

mrdeposit

hero member

Activity: 1358

Merit: 509

When using BTT to increase the price of TRX, why do you think opposite? Because most exchanges have shared that they will give BTT airdrop to those who owned the tron, and this means that BTT supports tron. lol

onecall123

sr. member

Activity: 2156

Merit: 323

Due to the BitTorrent airdrop recently tron get much attention, you may assume that it could increase, but for now nothing is moving forward. This is exactly how the bear market reacts, but in the long run TRX would be a better option rather than BTT.

ethereumhunter

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Activity: 2912

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Leading Crypto Sports Betting & Casino Platform

Quote from: CryptoRating on February 12, 2019, 03:57:32 PM

Is it a good idea to sell airdropped BitTorrent tokens and buy more Tron? Each month on 11th there will be airdrop providing holder with more BTT, thanks to this after several months portfolio would grow. Two things to consider:
- is BTT growth rate surpassing TRX? Depends on other apps in Tron ecosystem?
- Does it make sense to do this operation, when airdrop would last only 5 years?

Opinions would be appreciated.

It's up to you, and you can do that if you want to buy more Tron. But I don't think that BTT can growth and surpassing TRX, and I don't know for sure. But Tron can be increased if the bull run comes because it will trigger all coins to increase higher including Tron. So if you want to sell BTT, make sure that you can get the highest price of BTT so you can make a free profit to buy Tron. But for how long BTT can survive, that would be a big question as we don't know what will happen in the future.

Jenn33

newbie

Activity: 14

Merit: 0

I think tron has a better chance of bringing a profit, i would exchange the tokens for tron.

joy99

jr. member

Activity: 167

Merit: 5

This airdrop is limited for some years so no matter what the total supply will become stable so there is no need to sell for tron because you you don't know the fate of tron as well.
But I think it is good opportunity for people who own more trx to get more BTT but I do not encourage selling BTT for trx just for more because you do not know when BTT will get pumped. what if you sell and it gets bumped whilst trx gets dumped?

xvids

sr. member

Activity: 1176

Merit: 301

A monthly airdrop for the holders I think it is a good idea to gain more investors,
But the problem with such alt-coin is the early holders who would take advantage of the pump because they already gain many coins or token through the airdrops.

Vit83

full member

Activity: 644

Merit: 100

I would wait trx price for about 400 Satoshi it would be a good price to reenter. Now the hype with BTT and TRX is calming a little bit so IMHO wait. Or buy fetch it dropped significantly and IMHO still can show interesting movements.

CryptoRating

jr. member

Activity: 85

Merit: 1

Did you get your BTT airdrop of 11th March?

CryptoRating

jr. member

Activity: 85

Merit: 1

11th day of March is coming, so we'll see how BTT rate is going to behave after releasing some more supply. Any predictions?

Most of the exchanges support monthly BTT airdrop for Tron holders, btw.

Dasha88fed

member

Activity: 350

Merit: 10

A good strategy, but I believe that the BitTorrent coin has a good growth potential due to its well-known name and therefore you should not sell it completely and change to TRX. Perhaps it makes sense to sell half of BTT coins and change them to TRX, and keep the remaining 50% of BTT coins and wait for their price to rise.

biangkerok

member

Activity: 189

Merit: 10

Quote from: akitha on March 04, 2019, 03:24:09 PM

I am not a fan of trx and btt..but be careful with btt..and also trx its all about shilling like the creator 😁✌️✌️✌️✌️

all I think has been thought of. I own both of these assets. I don't expect much because I trade btt and trx every day, not as a long-term investment.

eroejoe

member

Activity: 602

Merit: 54

ツ

It could be good idea, but I think that there are better ways to earn that money or even more money. Right now is not that bad idea to short TRX because it could go down and follow BTC trend. I just say that you could make more money by shorting than waiting for airdrops. However I wish you good luck.

akitha

member

Activity: 742

Merit: 10

I am not a fan of trx and btt..but be careful with btt..and also trx its all about shilling like the creator 😁✌️✌️✌️✌️

gembira

hero member

Activity: 1610

Merit: 508

Seems people started go out from BTT. I don't see any perspective in this coin. This was overhyped by Justin Sun. But in fact which using thi may have? Share content with having a lot of TB dick space not profitable according with competitors. And they may have a problem with law, as share piracy content is illegal too in many countries.

ricardobs

hero member

Activity: 1204

Merit: 505

Why will I want to sell BTT for TRON, this are both good project and have something good to offer to us, why on earth will I sell one for another when I can buy both, if I don't have enough funds to buy both, what I do is that I split the money into two parts, the first part would be 60% of the money to buy the coin that has more assurance then I use 40% to buy the coin. That is 60% for tron and 40% for BTT, so can make you choice too.

LUCKMCFLY

legendary

Activity: 2590

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Leading Crypto Sports Betting & Casino Platform

In these moments of the market I would tell you to leave the token with a percentage of profit, if so, you can do it since TRX has more history, has a great community and good volume ... When it is in phase of Airdrop the price in some time will fall a lot, especially if Bitcoin falls ... that's the only consideration I could give you right now, seeing how is the market in general.

CryptoRating

jr. member

Activity: 85

Merit: 1

Couple of days later, TRX is performing better than BTT, just a quick update.

Topic: Sell BTT to buy more TRX, the power of compounding? (Read 342 times)