Topic: Trade with USDT or BTC? - page 3. (Read 1622 times)
Usdt pair usage is sometimes more useful to see the original price so that it is easier to set aside profits in such a way, there are still many traders who have difficulty seeing fraction of bitcoin numbers, and also when calculated from trading fees. but after learning a lot I still chose to use BTC in spot trading, and USDT in futures.
I prefer measuring my profits in term of usdt. Bitcoin don't have much utility of its own. For actually taking out your investment and putting it in use, you will need to convert it into a stable coin or Fiat. So, I prefer USDT appreciation of my money. That is a sure shot profit. The profit you have over and above the actual money you put into the investment.
Also the market being highly volatile, Bitcoin goes half of its price in just a few months. In that case having more satoshis but less in terms of usdt won't make much a sense.
Also the market being highly volatile, Bitcoin goes half of its price in just a few months. In that case having more satoshis but less in terms of usdt won't make much a sense.
I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.
Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very carefully.
We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.
This depends on the volume of each pair, but it is more reasonable to trade BTC pairs in the bull market and USDT in the bear market. But for some people who want to accumulate long-term BTC, they will choose the BTC pair, And the BTC pairs often have greater volatility than USDT.
That's interesting... I thought no one uses USDT for trading solely 
To me it's more suitable for fast and reliable payments.
To me it's more suitable for fast and reliable payments.
If you believe in the future of BTC and believe that its value will increase in the future, then of course you should choose to trade in pairs BTC / altcoin .. This can make you lose if You move to USD but in the future it will be a different matter.
As for me, I am a careful person in this market and I choose to trade in USDT pairs, it helps me to get a stable profit without having to worry about the price of Bitcoin can increase or decrease.
As for me, I am a careful person in this market and I choose to trade in USDT pairs, it helps me to get a stable profit without having to worry about the price of Bitcoin can increase or decrease.
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?
Does binance allow you to cash out directly to bank transfer like ach or wire transfer?
I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.
Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very carefully.
We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.
USDT may have troubles because SEK can influence their business. But the idea of stable coins is really good and brings us an opportunity not to leave crypto market when bears win. Earlier we had to move into fiat to fix positions. But now we don't need!
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 don't think it would make any difference with your trading performance. You should focus on developing your trading knowledge, peek into successful trader strategy, and learn risk management. About pairing, I personally prefer BTC because I don't want to use USDT and I mostly trade in Bitmex which only uses BTC but it has nothing to do with losing or winning. 
I prefer to choose BTC since I probably have higher gaps between the buying price and selling price. Even if it means there is a chance to earn big profits or big losing. USDT price tends to always stable, while BTC price can go up or down suddenly. In my opinion, USDT is the right coin to keep our money, while BTC is the right coin to trade or invest our capital.
I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.
Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very carefully.
We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.
I guess it relies on the strategies you want to apply in your trade. But between those two you have mentioned, Bitcoin is by far the pairing choice for majority of the traders we have here, no matter if it’s bull or bear time. And one thing with Bitcoin is that you can exchange it for almost every coin in the market, which is unlike other coins we have.
Although it’s a versatile choice, one thing you might not like (I do see people complain) is the fact that the fees can get high and the transactions can be slow, there are lots of other coins that are way more faster than bitcoin. As for USDT? Well, it’s good, though it’s usually being criticized at times by people, but it’s still a good choice since it’s not volatile like Bitcoin. Other good pairs can be ETH, Litecoin and Dogecoin (you might not know about this last one if you don’t trade on low-valued coins' exchanges).
Although it’s a versatile choice, one thing you might not like (I do see people complain) is the fact that the fees can get high and the transactions can be slow, there are lots of other coins that are way more faster than bitcoin. As for USDT? Well, it’s good, though it’s usually being criticized at times by people, but it’s still a good choice since it’s not volatile like Bitcoin. Other good pairs can be ETH, Litecoin and Dogecoin (you might not know about this last one if you don’t trade on low-valued coins' exchanges).
I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.
Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very carefully.
We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.
I prefer to trade mostly BTC-based pairs as well since my only goal's just to accumulate and more Bitcoin, so just trading through BTC pairs eliminates any fees I might have to pay to convert USDT or USDC or any other stablecoin back into Bitcoin. I still do trade with leverage on sites like Bitmex for pairs such as BTCUSD simply because I've got good experience with that specific pair and I know how things go with it, but typically I do still trade most altcoins against BTC.
Okay, I personally hate USDT with a vengeance, they are a company that stole billions of dollars from people and they didn't get caught or jailed or anything, they are not even sued as far as I know right now because they did their shady business very carefully.
We are talking about BILLIONS here, in order to make that much money you have to make 1 million dollars per month for 83 years just to tell you how much that is, and that is just 1 billion, they had some change as well, so they got away with 100 years of 1 million dollars per month type of money. So, I would definitely use bitcoin to trade and don't go near USDT, however there are other more legit stablecoins people use and I may understand where they came from, its easier to live with fiat than bitcoin because world is still mainly fiat.
This question will depends on what they prefer since if they can risk to play on the bearish market which could give them high chances of losing the value or gain with it then he should go with BTC but if he's new and want to get a fix gain then USDT is perfect pair for anyone since we all know whatever happen on the market the value of USDT will remain the same.
Well btc has a pair to all coins in the market unlike the others however USDT does not. I don't think it is good to trade using usdt coz it will undergo to more conversion and will generate higher fee compare to bitcoin. I use USDT as a pause time after a trade, it acts like a safe haven since it is a stablecoin. Another thing is bitcoin is very volatile so it could produce unnecessarry losses when used so timing is indeed needed. 
This question will depends on what they prefer since if they can risk to play on the bearish market which could give them high chances of losing the value or gain with it then he should go with BTC but if he's new and want to get a fix gain then USDT is perfect pair for anyone since we all know whatever happen on the market the value of USDT will remain the same.
both are still equally unprofitable because bitcoin price has fallen from $ 11k back to $ 7k in only half a year, unless they are not bound by floating orders, and return to open positions in calmer sideways. my friends are lucky because they made a short order from the first time the downward trend moved and still hold it until now.
This question will depends on what they prefer since if they can risk to play on the bearish market which could give them high chances of losing the value or gain with it then he should go with BTC but if he's new and want to get a fix gain then USDT is perfect pair for anyone since we all know whatever happen on the market the value of USDT will remain the same.
Depend with how bitcoin price, when bitcoin looks green with higher price better you use BTC as your trading peer, but when bitcoin have lower price you hold and trading with USD peer, USD always stable price and if down just 1% and higher about 2%, you never get lost much money if convert your assets in USD and take much profit when bitcoin have higher price and convert to be bitcoin peer.
In the current bear market, I always choose to trade USDT. It is the safest option possible for me because I can control my losses and profits easily during the day. The bear market is very fierce, so the choice of trading BTC will not be appropriate, it will make you not get too much profit if the BTC price keeps going down. But if you want to increase the number of BTC then of course you should trade in pairs BTC / altcoin and do not care about the current market price.
In my opinion, if in a Bearish situation the pair with USDT is suitable because with USDT we will get a fixed and stable asset value, not falling and not rising. Whereas if in a Bullish situation the pair with BTC is the right choice.
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