Topic: What is your base currency if you trade in alt-coins? (Read 1002 times)
If BTC bearish I will choose USDT or another stable coin for my base currency. I don't want to take risks, so I always sell all my coin before I sleep or setting stop loss.
I admire one kryptomonetoy bitcoin. I believe that it is always worth investing in the leader of the crypto market and you will rarely lose.
I personally prefer ETH, in rare cases BTC, I think that ETH is easier to translate, there is a couple of coins on almost all coins, and I consider the savings to be more profitable in ETH.
Same as me. I have always preferred Eth as base currency on all my trades except for exchanges where it's only BTC then I trade with BTC pair and change back to ETH. That way I always have a good supply of Ethereum. In times where BTC looks to be taking a run, I buy some BTC and buy. Once in profit, I go back to ETH
of course the best base currency for do trading is usdt because the price is stable no matter what will happend to cryptocurrency price. usdt won't dump or pump . its gonna stable there
Each person certainly has a passion and comfort where they want to work as well as choosing a currency. I am more comfortable trading Altc-BTC. with a short term style, for now, it's better I guess.
Short time is indeed quite good. because this trade is indeed very profitable. I myself have learned about these advantages, but the moment and experience are very much needed 
I often use BTC, I invest it for long term ,no matter it dump or pump , I hold it tightly.
I admired your belief and dedication in holding Bitcoin no matter what it takes. It is seldom for me to see a person like you here in the forum, your attitude was a good example for the holders of bitcoin or altcoins. Because sometimes, they are only patience in the beginning but in the long run they will give up and wasted the time they've spent of waiting. I really admired your passion dude, keep it up and I am also doing the same thing as yours.
Each person certainly has a passion and comfort where they want to work as well as choosing a currency. I am more comfortable trading Altc-BTC. with a short term style, for now, it's better I guess.
I often use BTC, I invest it for long term ,no matter it dump or pump , I hold it tightly.
Basically if you have a base coin to consider, there is always a corresponding pair that should it should have I guess? To consider, you might lose an investment if you just maintain it on bitcoin, not allowing any stable coins to help you save your investment in times of a downfall in the market.
For me, I want a high volatility base currency which is BTC/USDT as well.
The base currency for me if I start trading now will be Ethereum.
This coin has always been very good in the cryptocurrency market and has always shown us something that can stay on top even in the difficult conditions of the high volatility of the cryptocurrency market.
in fact, I am looking for something that is more profitable, sometimes the courses are slightly different, and yes, I prefer ETH, it’s easier to deal with, there is always a pair, and the cost grows not only to the dollar ratio, but adds to BTCThis coin has always been very good in the cryptocurrency market and has always shown us something that can stay on top even in the difficult conditions of the high volatility of the cryptocurrency market.
The base currency for me if I start trading now will be Ethereum.
This coin has always been very good in the cryptocurrency market and has always shown us something that can stay on top even in the difficult conditions of the high volatility of the cryptocurrency market.
in fact, I am looking for something that is more profitable, sometimes the courses are slightly different, and yes, I prefer ETH, it’s easier to deal with, there is always a pair, and the cost grows not only to the dollar ratio, but adds to BTC This coin has always been very good in the cryptocurrency market and has always shown us something that can stay on top even in the difficult conditions of the high volatility of the cryptocurrency market.
My base currencies used to be the Etherum and the Bitcoin at my first trades on exchanges but today it has totally changed. Because of the high withdrawal fees i wouldn't trade with them. If there is a chance i would like to use the Stellar or Ripple or Dogecoin. Those three coins withdraw fees to low just like 1 piece each, if you check the withdraw fees around 0.001 for BTC and 0.01 for the ETH. So when i use XLM i only pay 0.00001851 BTC.
Bitcoin and ethereum, I always trade using these two coins because almost all exchanges have pairs for btc and eth. and with these two coins I have become easier in making analysis. and I think these two coins are pretty stable that's why I chose them.
Since holding BTC has always been my thing, I chose to trade on BTC pairs more often from which the profit I save. ETH is also cool and I trade for it too but not as much as I do for BTC. I believe ETH is one of the best altcoins which is also why I trade and hold too.
after a trade is done I concert my profits to tether
So it’s easy to concert it to btc and have my values back
So it’s easy to concert it to btc and have my values back
I use bitcoin. I have a goal to significantly increase the amount of bitcoins that I have now and therefore I trade coins paired with it.
USDT is good for keeping the money stable. But, BTC is my choice in terms of reliability. USDT is good to hold stable, but when you change to another coin you still have that risk. Also, I do not think our main point is to keep the money stable.
I believe that the best altcoin to buy today is ethereum although it's market value for now is still struggling but i still believe it can survive and soon its price will rapidly increasing to make many investors profitable.
The base currency for me if I start trading now will be Ethereum.
This coin has always been very good in the cryptocurrency market and has always shown us something that can stay on top even in the difficult conditions of the high volatility of the cryptocurrency market.
This coin has always been very good in the cryptocurrency market and has always shown us something that can stay on top even in the difficult conditions of the high volatility of the cryptocurrency market.
I always go for ETH and in most cases I go for BTC, that is if need to sell or convert to fiat or to add to my long term hold.. But in almost 70% of my trades is always in ETH as I tend to hold too.
Yes, you could do that.
It helps to stabalize your portfolio's actual value and track your progress.
In the Us however, there is a huge problem with that when it comes to taxes.
Every April, we have to file our taxes and if you have been trading in crypto using USD, than you have to list ALL your gains.
If you do day trading, that can easily be hundreds of thousands of trades in a year.
Even if you are casually trading, that can be close to a hundred.
Of course, you could lie on your tax return, but that's illegal so yeah.
That's why crypto to crypto is how I do it.
In this case, binance is the best choice, it has the highest volume and a large amount of trading pairs.
It is also easy to hedge trading pairs against each other.
It helps to stabalize your portfolio's actual value and track your progress.
In the Us however, there is a huge problem with that when it comes to taxes.
Every April, we have to file our taxes and if you have been trading in crypto using USD, than you have to list ALL your gains.
If you do day trading, that can easily be hundreds of thousands of trades in a year.
Even if you are casually trading, that can be close to a hundred.
Of course, you could lie on your tax return, but that's illegal so yeah.
That's why crypto to crypto is how I do it.
In this case, binance is the best choice, it has the highest volume and a large amount of trading pairs.
It is also easy to hedge trading pairs against each other.
Jump to: