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Topic: trading altcoins with BTC "OR" USDT ! (Read 1432 times)

legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
September 17, 2017, 08:47:37 AM
#28
lets compare them:

trading with USDT:
when you make a profit it means you make more USDT. if you have 10,000 USDT today it is worth 10,000 USD but it may be worth 9,850 USD too if it falls..

trading with BTC:
when you make a profit it means you make more BTC. if you have 2.857BTC today it is worth about 10,000 USD but in 6 months it can be worth 18,000 USD
sr. member
Activity: 958
Merit: 265
September 17, 2017, 08:14:31 AM
#27
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

I'm trading altcons using BTC because if i successfully traded altcoins i will get double profit because BTC is getting higher value too in the future because my goal is to grow my bitcoins because if i trade altcoins using USD or fiat i will gain only getting a small profit because BTC is raising over USD every year so while im trading im holding BTC too while the value of it getting higher and higher it means double income to the investors
hero member
Activity: 854
Merit: 522
September 15, 2017, 10:37:54 PM
#26
thanks everyone for clarification . yes trading with with btc would made me more money in long term (when btc goes up) . i was confused at first Cheesy
You are welcome, i just tell you about the trend of price in digital coins, if the trend price of digital coins are going down, trading digital coins fair usdt is best choice due to the price of usdt is very stable around $1 USD / usdt. But if the trend price of digital coins are going up trading altcoins fair bitcoins is good due to as you said, on digital coins we can make money online long term and short term investing in digital currencies world.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
September 13, 2017, 05:58:41 PM
#25
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

Trading volume and the number of available pairs are great factors, but the biggest one is that people want bitcoin not USDT, people have the goal of increasing their bitcoin stash if they wanted to do that with USDT they will take a risk, because if bitcoin skyrockets at that point your efforts could be in vain and you could have less bitcoin.
full member
Activity: 448
Merit: 100
Arabic Translator
September 13, 2017, 04:38:16 PM
#24
thanks everyone for clarification . yes trading with with btc would made me more money in long term (when btc goes up) . i was confused at first Cheesy
hero member
Activity: 966
Merit: 552
September 10, 2017, 11:15:35 PM
#23
I traded the altcoins fair bitcoins BTC because it is the most many be used for trading altcoins and almost all of the markets support for altcoins fair bitcoins than usdt, but in some condition where the trend of digital coins going down, the usdt is best choice for us to keep the values because usdt is stable coin in the price, so everything depend on the situation and condition of the markets.
full member
Activity: 266
Merit: 114
September 10, 2017, 03:03:45 PM
#22
The USDT was created to help investors reduce the risk of the crypto market, and when the market fluctuates, investors will move to USDT to wait for a stable market. and make a decision
legendary
Activity: 1092
Merit: 1000
September 10, 2017, 02:16:12 PM
#21
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

If you really think that it is a good option then it is your choice to trade USD rather than bitcoin,i am happy and i am earning a good deed trading with bitcoin because we are having a good rally in the price till now and as long as the price of bitcoin is volatile and moves higher i am happy dealing with bitcoin.
My trading technique is i will buy altcoins with BTC because the price is high and I will get more coins. But when I want to sell my altcoins I will not convert it into bitcoins i will convert it into USDT. Becasue the BTC price is not stable, and i will get confuse weather i am in profit or loss. But USDT will tell my exact profit. For me, USDT is the best coin to altcoin trading you will get one calculation.
hero member
Activity: 747
Merit: 502
September 10, 2017, 12:57:23 PM
#20
BTC has more trading pairs so less % lost on trades, plus there are some traders who are interested in their bitcoin portfolio more than their fiat one, they're just not interested in usdt.
hero member
Activity: 1426
Merit: 506
September 10, 2017, 12:54:46 PM
#19
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

If you really think that it is a good option then it is your choice to trade USD rather than bitcoin,i am happy and i am earning a good deed trading with bitcoin because we are having a good rally in the price till now and as long as the price of bitcoin is volatile and moves higher i am happy dealing with bitcoin.
sr. member
Activity: 546
Merit: 250
September 10, 2017, 06:10:30 AM
#18
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .


i think it up to you how you trade Altcoin With USD it is fine too but if you are talking about Altcoin it mean Alternative coin of bitcoin
So most people keep bitcoin in hand because BTC rising and since 2011
 
legendary
Activity: 1652
Merit: 1088
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September 10, 2017, 05:43:07 AM
#17
USDT is one of those things that only looks good from afar but it is far from good.

the first time i found out about tether i thought this is exactly what crypto world needs. something that is not fiat but it has the same value. but when you study it an read a little more about it you can see it is not really good at all. it in fact has a lot of risk. risk that is unnecessarily introduced when you use it. and it is heavily centralized which is always bad in crypto world.

This. It's shady as anything, and eventually when it's shut down for pretending to be dollars, people will lose their money.

Stick to trading against BTC.
legendary
Activity: 3150
Merit: 1392
Join the world-leading crypto sportsbook NOW!
September 10, 2017, 05:27:58 AM
#16
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .


I can see where you are coming from. For me, I trade with BTC because its offer the most trading pairs in the trading platform that I am using. But sometimes, I switch to USDT when BTC price is going down.

so it's only because of trading volume !
It's not just the trading volume. I use btc because I simply always have some and it's easy to send them on some exchanger like bittrex and start trading. As for dollars, I'm not living in the USA, so this is a currency which has to be converted to the local currency and actually the rates are not very nice right now. Moreover, I don't have any debit card with dollars, so it's rather difficult to send them on an exchanger. And to this one last thing should be added: yes, bitcoin is currently dropping, but in general it is always growing.
sr. member
Activity: 1078
Merit: 354
September 10, 2017, 03:15:59 AM
#15
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .


I trade with Tether if the whole market is dropping, but Tether often only has a trading pair with Bitcoin and major alts. So you'd have to go alt->Bitcoin->Tether, and then back again when you want to re-buy... with % costs at each step.
The other point is just self-fulfilling: the Bitcoin markets have higher volumes, which means a lower spread between maximum buy price and minimum sell price, which means more people will use this market, which leads back to higher volumes.
Finally some people still view Tether as a risk. It is supposed to be pegged to the dollar, but it does have a tendency to drift a few cents - particularly when markets are at their most volatile.
full member
Activity: 448
Merit: 100
September 10, 2017, 02:52:40 AM
#14
USDT is one of those things that only looks good from afar but it is far from good.

the first time i found out about tether i thought this is exactly what crypto world needs. something that is not fiat but it has the same value. but when you study it an read a little more about it you can see it is not really good at all. it in fact has a lot of risk. risk that is unnecessarily introduced when you use it. and it is heavily centralized which is always bad in crypto world.
usdt and crypto equally have the most important thing to analyze your trading, let alone btc price up and down,
it is usdt and btc not too far importance
legendary
Activity: 1946
Merit: 1137
September 10, 2017, 02:36:00 AM
#13
USDT is one of those things that only looks good from afar but it is far from good.

the first time i found out about tether i thought this is exactly what crypto world needs. something that is not fiat but it has the same value. but when you study it an read a little more about it you can see it is not really good at all. it in fact has a lot of risk. risk that is unnecessarily introduced when you use it. and it is heavily centralized which is always bad in crypto world.
hero member
Activity: 3080
Merit: 603
September 10, 2017, 01:52:13 AM
#12
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

Whatever you choose you can make great profit. Dont get me wrong, if you are good in trading of altcoin > USD then so be it, stay with it. And when thr price of bitcoin starts to move down just take the advantage of buying some more, you have freedom to choose on where you are comfortable.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
September 10, 2017, 01:43:04 AM
#11
HEY ,i have noticed that i'd make more money if i trade altcoin with USDT[/color][/font]
no, you make money if you make a successful trade. it doesn't matter what you use to trade with. it can be USD, USDT, LTC, CNY, or grains of salt Smiley

Quote
as it's stable and equivalent to usd ,
USDT (Tether) is neither stable nor equivalent to USD!
read their website explaining it if you don't believe it.
and you can also check out the price history and see all the big dips!

Quote
so i can get my calculations .
calculations can be done with anything. you just need amount before and after a trade.

Quote
on the other hand trading with btc[/color] isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
trading with BTC is the most profitable of all since bitcoin price rises in long term.
and also when bitcoin price goes down all the other altcoins will go down with it. it doesn't matter if you trade with USDT, the price of the altcoin will go down against that too and USDT can tank hard and you lose twice.
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
September 10, 2017, 12:51:53 AM
#10
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

The advantage of using BTC while trading altcoin is better than USDT. On other side we are trading altcoin we can also hold BTC wait until the price goes up. Sometimes the movement of bitcoin values is more likely to rise faster than altcoin.
full member
Activity: 175
Merit: 100
September 10, 2017, 12:44:36 AM
#9
HEY ,
i have noticed that i'd make more money if i trade altcoin with USDT as it's stable and equivalent to usd ,so i can get my calculations .on the other hand trading with btc isn't that much profitable or sometimes not profitable at all if btc price gone down , so why most people trade with btc !
i think i'm missing something .

Because the USDT equal with the dollar and there is no a lot of the volatility and that was not same with the bitcoin that can get a big duump just in a second, and i sure a lot of people are losing in the bigdump by the whale. They are like with the bitcoin caused by it will be so easy to be predicted.
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