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Topic: trading altcoins with BTC OR USDT (Read 145 times)

sr. member
Activity: 1960
Merit: 329
May 04, 2018, 12:39:09 PM
#28
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
I believe that every altcoin should be traded against the bitcoin rather than the USDT. This isn't stocks or forex trading where the dollar is always paired with other currencies. In crypto world the bitcoin is the supreme pair. However, the USDT can be used to hedge a trade during expected fall of any crypto it is paired with. It shouldn't be a regular thing.
member
Activity: 471
Merit: 10
May 04, 2018, 12:37:55 PM
#27
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

I would rather use bitcoin because when bitcoin and altcoin increase in price you can benefit from both. so take advantage of the existing price difference to get a lot of profit.
hero member
Activity: 1274
Merit: 500
May 04, 2018, 12:33:33 PM
#26
Its a very good topic regarding trade with USDT or BTC. I think trading with USDT is safer than BTC. But BTC is gambling, if your lucky then you will hit the jackpot. Nowadays the market is fluctuating with BTC price. You have to pay attention daily to the market price if you want to trade with BTC.
I don't think BTC is gambling because BTC is much more stable than other coins. Almost 60% of investors use BTC to trade because if the BTC increases, they will get more profit but this is very risky because we can not predict what will happen to BTC but if you want to be safe, USDT is the first choice to trade
hero member
Activity: 1008
Merit: 533
May 04, 2018, 12:31:15 PM
#25
maybe you are right but bitcoin is the main currency of crypto market. the aim of most people is increasing their bitcoin amount not usd amount. for example last year there was a huge bitcoin run. increasing usdt balance for last year trading in crypto market is funny because all market is priced up. but if you increased your bitcoin amount last year it means that you made a really good profit.
newbie
Activity: 140
Merit: 0
May 04, 2018, 12:28:08 PM
#24
Its a very good topic regarding trade with USDT or BTC. I think trading with USDT is safer than BTC. But BTC is gambling, if your lucky then you will hit the jackpot. Nowadays the market is fluctuating with BTC price. You have to pay attention daily to the market price if you want to trade with BTC.
full member
Activity: 476
Merit: 105
May 04, 2018, 12:08:58 PM
#23
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
That would fall on your strategy and perspective to its value if you want to play it safe then go for USD pairing instead of btc that would also indicate that anytime you are going to cash out and lock the assurance that the value of your trade is safe without the restraint of the fluctuations and dumps, by the way, USDT/tether has issues lately circling some article on the internet last year.
hero member
Activity: 896
Merit: 520
May 04, 2018, 11:54:11 AM
#22
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


I think worst to exchange the altcoins for USDT. It same like you are converting cryptos in fiat cash. If you are looking to make the profit. I suggest you to invest your bitcoin as much you can even if you have fiat cash put on that.
With in 3 months you can expect the double the profit for sure mate.

Holding is the strategy you need to follow to make the better profit soon nothing else works.
jr. member
Activity: 227
Merit: 1
May 04, 2018, 11:49:47 AM
#21
I consider trading altcoins with BTC as I believe Bitcoin price is going to rise and in future. Unless I'm converting altcoin in fiat, my preferred trading pair is altcoin-BTC if exchange supports it. The choice always depends on 'why trading'.
member
Activity: 285
Merit: 11
quarkchain.io
May 04, 2018, 11:41:02 AM
#20
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
It depends on what you intend to achieve. Some people trade altcoin to get more fiat while some trade altcoin to get more bitcoin. Bitcoin might not be stable put it is the best when you have the intention of having more btc. 
sr. member
Activity: 462
Merit: 281
dApps Development Automation Platform
May 04, 2018, 11:38:47 AM
#19
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
that's other demend
you trade with BTC this mean you try the best to increase your btc amount you have
trade with usdt mean you try to have the best value of your assets based on USD
if you believe in BTC then even it go down you still can have make more in total amount of BTC to wait it increase price in future. at this time your usdt will only can buy a little amount of btc
full member
Activity: 868
Merit: 116
May 04, 2018, 11:32:16 AM
#18
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

If you want to trade altcoin, you need to study the market well before making decision of which to use, like you said if the price of BTC goes down, it will be a lost but if it goes up, you will profit.
member
Activity: 294
Merit: 10
World’s First Decentralized ICO Platform
May 04, 2018, 11:25:58 AM
#17
In the long run BTC will be more profitable if the same pattern repeats itself. BTC is more expensive compared to the last year. At the end of the day It will give huge profit when the market is in bullish.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
May 04, 2018, 11:15:23 AM
#16
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
Trade USD will be much better compared with bitcoin consider it's stable value and bitcoin has a lot of volatility. But remember USDT is having a controversion due to some parties are accusing the tether company because they were seeing the company looks like manipulated the tether supply. And not so many exchange sites are accepting USDT. I go to the bitcoin
sr. member
Activity: 910
Merit: 371
May 04, 2018, 11:08:34 AM
#15
BTC for sure
Because BTC is getting more expensive relatively to USD every year, and if you will trade with USD one day you may find that your USD balance became bigger, BUT your BTC balance became lower and you finally lost a lot of potential money.
I think your purpose to get as much as you can)  Cool
hero member
Activity: 1484
Merit: 595
May 03, 2018, 04:52:29 PM
#14
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

It is just investor's choice from which market they will enter and exit. My choice is BTC market and I always sale my altcoins for BTC and I never used USDT.
The reason is, I usually don't cash out much for my daily expenses. What I'm doing is saving maximum of my earnings for future, when BTC will be unbelievably expensive and peoples cannot afford.  Roll Eyes
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
May 03, 2018, 04:30:47 PM
#13
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
I think that there is no difference. Trade what is more convenient for you and which you measure profit. For example, I trade in bitcoin, because I buy coins for bitcoin, and I count the profit or loss in bitcoin.
member
Activity: 406
Merit: 10
May 03, 2018, 04:22:32 PM
#12
It is difficult to nail a winning strategy, in fact USD, USDT, ETH and BTC pairs can be profitable or bring losses. ]
Regardless of the pair chosen, what matters most is the trend of the traded crypto and the market itself
newbie
Activity: 152
Merit: 0
May 03, 2018, 03:47:49 PM
#11
i right or wrong all coins prices  related to each other i mean the market if btc up all coins up and if btc down all coin go down

so  what the point of trading  btc to altcoins 

and at the end i new if i say something you feel it is  stupid  plz advise me and correct my information
full member
Activity: 336
Merit: 100
May 03, 2018, 03:44:56 PM
#10
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
I think that altcoins should be traded in pairs with bitcoin, since most coins are traded in pairs with bitcoin and not USDT, and later the bitcoin itself needs to be traded to USDT
newbie
Activity: 152
Merit: 0
May 03, 2018, 03:41:28 PM
#9
im new new new  Grin to trading my plan is to trade in bitrex in usdt  market so i can give sell order if the market go down i turn my money to in altcoine to usdt

is this a good strategy or i need to read more


example  now the market 1 eth = 1usdt  and  i have 100$ usdt  i buy with them 100 coine

now the market go up and the i earn 20$  ok i give selling order in .99 and turn my my eth to usdt





if i  trade with btc  and the eth go dwon the btc go down coz all coines related  so i lose  in both ways
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