Topic: Trade with USDT or BTC? - page 8. (Read 1622 times)
I personally still choose a pair with BTC for my trading, But when the market conditions are in a Bearish state, I will use the USDT pair. Using the USDT pair I think is suitable for securing your assets, keeping the value of your assets stagnant. We know that the price of BTC is volatile, while USDT is stable.
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.
It depends on how your analysis based on,if you analyse the market based on USD increase and decrease then you have to try stable coin pair like USDT and if you analyse against BTC value then picking btc pair is right choice but suggested one will be trading against bitcoin which gets double benefits or more compared to stable pair,use stable coin to convert your profits made from two volatile pair.The value of the USDT is just a mirror or the same duplicate of the value of the us dollar. It converted into the use of cryptocurrency. If you try to convert your usdt into the bitcoin still to earn profit, it depends on the value of the bitcoin. It is good if the value of the bitcoin are over 9500 us dollars, but today, the price was not reasonable right now. The usdt is one of the most stable coins today because it depends on the real value of the USD dollar again.
depending on the situation and conditions, if bitcoin analysis will go up i will choose bitcoin, if bitcoin analysts will go down i will use usd, which is my goal when trading is usd, so I prioritize increasing USD balance over bitcoin, because the value of bitcoin is very unstable.
We all prioritize in trading are gaining profit it has a good point that if you have usdt and the price of the bitcoin is too low better to hold your coins because it has a significant value, but if the bitcoin has the biggest value today it is better to trade your currencies because usdt are just stable coin.
USDT/BTC or BTC/USDT pairs well for trade analysis thinking are medium and strong well so If you can figure out whether the market is good or not, then it is easy for you remembered that trade is always high risky USDT/BTC.
I prefer trading with a pair of BTC, because with a pair of BTC is more profitable than the USDT pair. Bitcoin is quick to climb, if USDT is always stable, so the BTC pair in my opinion is more profitable.
BTC pair is better because it is more crowded, the price percentage range is shorter than USDT even though in the same percentage. But it must also be considered if BTC drops dramatically as it did on the 11th of yesterday, the assets must be immediately converted to USDT to protect the value of the asset and then actively trade again when BTC pair returns to green.
I've preferred to trade BTC over USDT for some reasons,
> the value of bitcoin is higher than of USD if I converted it into our local money
>the volatility is high which it helps me to gain more profit
The possible exponential market returns of trading BTC is something encouraging to look by and we can't deny that. So many reasons why most traders are using BTC for trade, but the main thing is that...Bitcoin gives more profit than USDT can't be like.
> the value of bitcoin is higher than of USD if I converted it into our local money
>the volatility is high which it helps me to gain more profit
The possible exponential market returns of trading BTC is something encouraging to look by and we can't deny that. So many reasons why most traders are using BTC for trade, but the main thing is that...Bitcoin gives more profit than USDT can't be like.
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 only ever trade BTC pairs, for 2 reasons.
1) The object is to accumulate more BTC. Trading against BTC is therefore better suited psychologically because you think in terms of gaining or losing BTC.
2) See the chart below, which is characteristic of virtually all altcoin/BTC relationships. The vast majority of the time, altcoins are downtrending against BTC. So my default orientation for trading against fiat is to hold BTC and trade BTCUSD. Watching BTC pairs allows me to recognize those rare periods where it is more profitable to hold altcoins. That's when I switch from trading BTCUSD to altcoin/BTC pairs.
Most of the people care about the USDT value of their crypto because at the end they just want to convert it back into dollars or their domestic currency. Therefore, dollar appreciation is needed unless you're looking at very long term investment where your motive is to stack more and more BTC as then your main motive is to increase your BTC. But if you are in for day to short term trading, then dollar appreciation becomes crucial. For such you should focus on dollars and trade through USDT.
depending on the situation and conditions, if bitcoin analysis will go up i will choose bitcoin, if bitcoin analysts will go down i will use usd, which is my goal when trading is usd, so I prioritize increasing USD balance over bitcoin, because the value of bitcoin is very unstable.
Yeah, it depends on the situation but right now I think it is better to trade with BTC pair. Now is the right time to accumulate BTC and hold. Halving is coming and as we know, after halving, bitcoin price is appreciating at a faster speed. As for USDT, it is ok for daily trade, you see the value of your assets in the dollar and its to cash out too.
I prefer to use BTC pair when I am in trading, how could you earn a profit if you use the USDT which is a stable coin.
A stable coin like USDT is good for the diversity of Bitcoin when the price will go down. you can divert your Bitcoin to USDT to avoid losing value against the dollar and buy back again when the price of Bitcoin going upward. The volatility of bitcoin will make a profit when you are going to use this as a pair of trading.
A stable coin like USDT is good for the diversity of Bitcoin when the price will go down. you can divert your Bitcoin to USDT to avoid losing value against the dollar and buy back again when the price of Bitcoin going upward. The volatility of bitcoin will make a profit when you are going to use this as a pair of trading.
In my opinion it's the same as trading using BTC or USDT pairs, the most important altcoins that we will choose for trading must
be right. Just invest in altcoins which are popular and have a large volume, if I personally more comfortable trading using USDT
pair because stable coins are very good for storing profit. Because we know the price of bitcoin is very volatile, if stored in BTC
the results of our trading profit can suddenly decrease or run out.
be right. Just invest in altcoins which are popular and have a large volume, if I personally more comfortable trading using USDT
pair because stable coins are very good for storing profit. Because we know the price of bitcoin is very volatile, if stored in BTC
the results of our trading profit can suddenly decrease or run out.
depending on the situation and conditions, if bitcoin analysis will go up i will choose bitcoin, if bitcoin analysts will go down i will use usd, which is my goal when trading is usd, so I prioritize increasing USD balance over bitcoin, because the value of bitcoin is very unstable.
Yeah, it depends on the situation but right now I think it is better to trade with BTC pair. Now is the right time to accumulate BTC and hold. Halving is coming and as we know, after halving, bitcoin price is appreciating at a faster speed. As for USDT, it is ok for daily trade, you see the value of your assets in the dollar and its to cash out too.
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.
Having losses will definitely give you a headache and a lot of stress, especially if you're a beginner or a starter in trading. It will be better if you trade in bitcoin rather than USDT because USDT is a stable coin, which it is not profitable. Stablecoins are good for storing your funds to prevent having huge losses, so trading with bitcoin is the best choice because it is very profitable. 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 always use BTC. Why ? because i trade for long time investment. I always collecting BTC as much as i can, no matter the price crash and not looking at my portofolio assets in dollars but in BTC.
As long i got profits in BTC i don't care if the BTC price crash because i'm sure in the future BTC price will booming and collecting BTC since right now is the best decission
Easy answer : btc. USDT is backed by a company called tether and they are based on Bahamas on a shady Bahamanian bank that has absolutely no regulation at all and they can claim that they have 1 billion dollars in their Bahamian bank account with just a single piece of paper which could be done by that bank being bribed easily.
Now, that is just one way they could have scammed people but these people came out as "we are backed 1 to 1" and then decided not to keep doing that, they started to literally just not back it 1 to 1 anymore and they are literally not backing it at all now. So, when you trade with USDT you are actually using a worthless piece of paper that has no value at all, that is literally the reason why binance stopped using it and that is why you should prefer bitcoin over usdt.
Now, that is just one way they could have scammed people but these people came out as "we are backed 1 to 1" and then decided not to keep doing that, they started to literally just not back it 1 to 1 anymore and they are literally not backing it at all now. So, when you trade with USDT you are actually using a worthless piece of paper that has no value at all, that is literally the reason why binance stopped using it and that is why you should prefer bitcoin over usdt.
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.
In trading platform Day trading, midterm trading and long term investment. So before to enter trading we can clear the steps, Then bear market and bull run are not concentrate the Mid term traders and long term investors so day traders are always available in the market. Finally every traders buy and sell at all the situation and still some beginners how to maintain the all the situation so we must gain some experience then only we can adopt the every situation.
both USDT/BTC in my own opinion. because USDT is a stable coin and it's really safe if you want to avoid losing profits . As the matter of fact I'm still using it to stock all my money. Wherein while still accumulating some profits through bitcoin , im so amaze because it's very reliable to trade with such coin which is less worries and no need to monitor afterwards . So i suggest do the same as well.
I'm not sure what OP means but if you trade, its usually this pair that works best BTC/USDT. This link proves it https://coinmarketcap.com/currencies/tether/markets/
This pair ETH/USDT is no where you can find on top 10. Further down the list is where you can find some other pairs like XMX/USDT and LTC/USDT. Traders normally pick the BTC/USDT is because BTC fluctuates up to -$500 just as it did yesterday. If you happen to have shorted yesterday you probably have earned more than hundred bucks.
This pair ETH/USDT is no where you can find on top 10. Further down the list is where you can find some other pairs like XMX/USDT and LTC/USDT. Traders normally pick the BTC/USDT is because BTC fluctuates up to -$500 just as it did yesterday. If you happen to have shorted yesterday you probably have earned more than hundred bucks.
I really doubt you could use USDT to perform trading while thinking of profits. Plus, BTC provides a lot of possible returns since, well, we all know how it has progressed from its starting point up to now. USDT is called a stable coin because it isn't volatile, BTC, on the other hand, is. Which makes it a lot more aligned with your goal, which is to earn a profit, which is through trading.
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.
Let me ask you, what do you care? Bitcoin or USD?If you care about your Bitcoin then you should trade with Bitcoin, and forget about USD value. But if you actually just care about USD, then better to trade with USDT and don't bother with Bitcoin.
If you care both, then I suggest you to trade with Bitcoin when the Bitcoin price is stable (not really moving up or down) so your USD value in Bitcoin would not changes much. But when Bitcoin is up and down oftenly, then you better to trade with USDT.
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