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Topic: Trade with USDT or BTC? - page 2. (Read 1654 times)

MI6
hero member
Activity: 1260
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Betking.io - Best Bitcoin Casino
January 14, 2020, 03:11:16 AM
I trade on exchanges that support both. Then I can use BTC as my regular collateral and switch to USDT in volatile periods where I don't wanna take extra risk.


Right answer, i think people can simply do this thing because maybe (cmiiw) trading pair in BTC is more choice than in USDT pair, and price is almost same i think. If people afraid with volatile, just sell bitcoin to USDT after our trading executed and don't need to worry about volatile anymore.
full member
Activity: 742
Merit: 121
January 07, 2020, 11:19:23 AM
I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC  pairing during bull market or USDT pairing in bear market? I need a suggestion from community.
I think that in any case, a beginner needs to trade in a pair to USDT. When a person already understands the features of the cryptocurrency market, then you can go to the trading pair for BTC. Although sometimes it is better to trade only to BTC.

sr. member
Activity: 1106
Merit: 252
Dextrust.org #Defi
January 07, 2020, 08:07:24 AM
First question for you.
You want make profit FIAT or CRYTO ?
If you want make a profit FIAT you pair USDT.
but if you want make a profit CRYTO you can pair BTC , ETH , BNB.
hero member
Activity: 1666
Merit: 502
January 07, 2020, 01:08:50 AM
I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC  pairing during bull market or USDT pairing in bear market? I need a suggestion from community.
I myself prefer the btc and eth pair, it depends on the exchanger community too. In okex I see more that USDT is often used rather than btc or ETH. In my opinion, when bull and bear, I recommend the pair USD if you want to trade safely, but for bull conditions, I would recommend using BTC because of course the price of bitcoin will also go up high.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
January 06, 2020, 09:14:39 PM
USDT is a stable coin which it is only good to store all of our profit when we are facing a bear market to avoid having huge losses. So trading with Bitcoin is much better even it always drops it's price because sooner or later it could have a huge pump. All you need is patience in holding your bitcoin until it have an improvement to it's value.
its depend if traders want to secured what they earn then USDT is the best solution . While in BTC there is no guaranteed profit since its volatile and no one can know if the price will go up or down the day you need it. The good thing if you trade in BTC it can give you more profit once the price increase.
hero member
Activity: 1778
Merit: 504
WorkAsPro
January 06, 2020, 08:57:14 PM
I used to trade using USDT pair and not BTC. BTC pair is really confusing for and that is why I prefer to use USDT because of its fixed price and value. The price of the bitcoin is volatile, so it means that you need also to monitor the price of the bitcoin and the coin that you want to trade if you will use USDT pair.
I only use USDT pair because this is the simplest way to know exactly my profit when trading and USDT is stablecoin so there will not be much change in value. In fact, trading BTC is also very profitable but you need to calculate very carefully because BTC is volatility and never stand still.

In addition, I also use the ETH pair to trade but recently most people are no longer interested in ETH so in the near future there will definitely be BTC and USDT.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
January 06, 2020, 04:49:37 PM
Many times it depends on the criteria of the merchant, if it is Pro-Bitcoin, it will always have Bitcoin and will not change to USD, in general, what is recommended is that when Bitcoin is in an upward trend you must have all the money in Bitcoin as it will increase .

Some operators in the market accumulation stage after having their operations, usually change from Bitcoin to USD, it all depends on the criteria and the way of seeing the market. An investor must leave everything in Bitcoin, it is HODLER by nature, regardless of market fluctuations, because there is a total conviction about Bitcoin and its power, at this moment, my own criteria, it is better to leave it in Bitcoin, according to many analysts it may be there is a good bullish movement, it is expected to reach at least $ 9k.
sr. member
Activity: 1236
Merit: 252
January 06, 2020, 11:33:41 AM
If you looking for reference in terms of fiat then USDT is good choice for you but if you looking to grow your btc in quantity then take btc as reference. In my opinion focus more on increasing btc quantity , it doesn't matter if you are temporarily using USDT to check profit or loss. Just depending on btc as reference is risk so choose both as reference but focus on quantity of btc as eventually btc will dominate in crypto space.
I also like to trade with Fiat because I love to store my bitcoin and after holding bitcoin will give profit to use. Some people use bitcoins too but I think it’s good to use fiat as it’s easy.  Storing Bitcoin is a good choice but I’m long term trader so I use fiat for trading and use bitcoin to have a long term holding it is a double profit-making skill.
sr. member
Activity: 952
Merit: 274
January 06, 2020, 02:41:14 AM
I used to trade using USDT pair and not BTC. BTC pair is really confusing for and that is why I prefer to use USDT because of its fixed price and value. The price of the bitcoin is volatile, so it means that you need also to monitor the price of the bitcoin and the coin that you want to trade if you will use USDT pair.
sr. member
Activity: 400
Merit: 268
January 05, 2020, 11:39:12 AM
I think this question is kinda invalid because if you know the basics of Bitcoin, you would know that you cannot trade Bitcoin with the Bitcoin pair, it has to be with another currency pair and most traders prefer this other pair to be stablecoins with majority of traders preferring the USDT and USDC trading pair but mostly USDT because it tends to have much more liquidity, so this questions is invalid because someone trading bitcoin is almost certain to be trading USDT as well.
sr. member
Activity: 1120
Merit: 251
January 05, 2020, 11:01:29 AM
If you looking for reference in terms of fiat then USDT is good choice for you but if you looking to grow your btc in quantity then take btc as reference. In my opinion focus more on increasing btc quantity , it doesn't matter if you are temporarily using USDT to check profit or loss. Just depending on btc as reference is risk so choose both as reference but focus on quantity of btc as eventually btc will dominate in crypto space.
It is true that you convey. If we trade with USDT there is not much profit we can get. The price tends to be stable and only slightly changes. I often say USDT is better used to store our crypto assets only when the market is down. If for trading, it's clear that bitcoin can be relied on to make a profit.
hero member
Activity: 910
Merit: 505
January 05, 2020, 09:05:33 AM
If you looking for reference in terms of fiat then USDT is good choice for you but if you looking to grow your btc in quantity then take btc as reference. In my opinion focus more on increasing btc quantity , it doesn't matter if you are temporarily using USDT to check profit or loss. Just depending on btc as reference is risk so choose both as reference but focus on quantity of btc as eventually btc will dominate in crypto space.
sr. member
Activity: 812
Merit: 262
January 05, 2020, 04:36:24 AM
USDT is a stable coin which it is only good to store all of our profit when we are facing a bear market to avoid having huge losses. So trading with Bitcoin is much better even it always drops it's price because sooner or later it could have a huge pump. All you need is patience in holding your bitcoin until it have an improvement to it's value.
sr. member
Activity: 742
Merit: 397
January 03, 2020, 06:22:31 PM
USDT look stable price and less risk if you invest your money with USD but for bitcoin you can get much profit and big risk when bitcoin have down, many time after I make trading and got profit I convert my trading profit become USD because most safety for saving for long time and price keep stable by saving with USD.
People mostly love to trade with bitcoin because using crypto is safe because of anonymity and no one would know about your profit and your earning. Using USD is also not a bad idea but you must have planned because people mostly use USD for daily needs only.  So just focus on what you want. Bitcoin trading is good but make a research about the market before spending your Bitcoin.
USD is different in USDT, USDT is the digital dollar and you can use it freely to buy cryptocurrencies while USD is just the physical fiat that you used in your daily life. Even though you are going to use bitcoin, you are not anonymous anymore because most of the exchanges online require its customers to submit personal information.
newbie
Activity: 78
Merit: 0
January 03, 2020, 02:48:02 PM
It seems like it is indeed a difficult thing, friend, if you rely only on 2 choices of USDT and BItcoin.  Where USDT is a stable coin that will not change drastically and Bitcoin is a volality coin.  You should look for alternatives to stable coins and when you get a new profit, you convert to USDT to maintain the profit you get when you stop or take a break from trading. And so on. Then you will rarely lose again later.
sr. member
Activity: 854
Merit: 253
l0tt0.com
January 02, 2020, 10:47:40 PM
I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC  pairing during bull market or USDT pairing in bear market? I need a suggestion from community.
This depends on your decision and long-term trading plan.  If you have the idea that Bitcoin's price will soon increase in the future, you should trade with the bitcoin pair.  because your profit will be increased by the number of bitcoins and when the price of bitcoin increases, your results begin to appear gradually.  If you think bitcoin will not increase, you should trade with Usdt.  Clear plans will help you avoid headaches and think of such small things.
full member
Activity: 938
Merit: 105
January 02, 2020, 05:51:07 PM
It depends on what trading pairs you'd like cause for me, I'd use BTC-ETH-BTC. That is the flow of my trades and finally converted into fiat money.
Either we use USDT or BTC for trading, the most important is we all be gaining. Nothing to be special about the two, it all depends on which one we like to use. Besides, it all be found in many exchanges that it was never hard for us to use it.
sr. member
Activity: 1120
Merit: 251
January 02, 2020, 08:32:48 AM
Since tether has emerged as a fraud company that has stole money from the people and there are not enough dollars to support the tethers, I don't use it anymore. Anyone who uses tether right now has two reasons why, firstly, they didn't know tether first was a fraud scam company that they could just check. Or the other one they don't know that it is a company. Many people just want to trade and are happy to use exchanges and their tether options as they realise they don't care about the tether itself. They care about ease of trading and after their trading is over they go back to bitcoin, so all they used tether was for trading purposes.
But didn't they refute the news? And to this day the thether trading volume is still in the top 5. I'm sure many people have also heard the news. I myself have never used usdt at all. However, I see many traders always shifting their crypto to the thether when the market is down trend
sr. member
Activity: 420
Merit: 250
January 01, 2020, 11:08:20 PM
USDT look stable price and less risk if you invest your money with USD but for bitcoin you can get much profit and big risk when bitcoin have down, many time after I make trading and got profit I convert my trading profit become USD because most safety for saving for long time and price keep stable by saving with USD.
newbie
Activity: 16
Merit: 0
January 01, 2020, 08:43:04 PM
When you do usdt, you are paying an extra 2 fees right when selling it for real usd?  Example you send btc to binance.  You sell it for altcoin.  Then sell it for btc and then sell it for usdt.  Then say you want to cash out to bank account, you need to sell the usdt to btc on binance... then send the btc to coinbase/gemini or bitstamp and then do a bank transfer ach right?



Does binance allow you to cash out directly to bank transfer like ach or wire transfer?


You could use PAX for example, and withdraw to bank account directly. It is another stable coin 1-to-1 to USD. But you need verified acc in paxos.com first.

As for Binance, there are some fiat currencies available for deposit/withdraw, but not US dollar for now.
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