What price to look at when trading | Bitcointalksearch.org

jsrenthourse

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Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I believe that in every transaction, at the present time, the biggest risk is always to observe and track the bitcoin price when trading altcoin, it can be seen that the bitcoin girl is fluctuating strongly in the You may lose a lot of money if the bitcoin price drops abruptly, which will cause altocin decrease.

Gwapoman

jr. member

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Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I do crypto trading so i focus myself growing the numbers of btc/alts instead of USD...
With so many New investors joining the blockchain party the multi-trillion market is really possible for this crypto market..when you have x BTC right now try to multiply it til we sAw another ATHs,MOONs and LAMBOs.

darkangel11

legendary

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Don't let others control your BTC -> self custody

Quote from: sigtmerchant on April 29, 2018, 02:43:37 PM

I don't actually look at much during day trades, just at the chart and twitter for news.

This doesn't answer the question.

I'd love to ignore USD completely and focus on btc vs other coins, but unfortunately BTC-USD pair is the most commonly traded and the easiest to track progress as you're comparing a more volatile asset to a stable one. Looking at other coins or assets vs BTC forces you to have the charts of those assets open to monitor their value. You don't have to do it with USD.

Shenzou

sr. member

Activity: 1400

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Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I personally look at the USD value not the BTC when trading, since i first have started trading i bough my bitcoin for about a 1000$ last year, i held it up until it reached 15k cashed out spent some of that profit and i recently re bought it at 8k, i believe that most people do the same thing, unless you are planing to reinvest the amount you have in another coin.

James andrew

newbie

Activity: 224

Merit: 0

At first you can analysis for market and when you bought any coin you should analysis this coin then you buy

gudrun

member

Activity: 252

Merit: 10

Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I believe you need to watch a lot of things when trading and to be successful you need a lot of skills. The walls in the past are constantly changing and complex, so this is the opportunity for you to trade successfully. The first thing you need to do is technical analysis, then see the volume to see how much investment should be made, plan specific expectations of profit and cut losses.

sigtmerchant

member

Activity: 182

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I don't actually look at much during day trades, just at the chart and twitter for news.

JL421

hero member

Activity: 812

Merit: 510

You shouldn't look at coinmarketcap they give an average price existing on all the exchanges it's only used for getting a idea of what is the overall market price, if you really want to trade then look for the price on the exchanges where you want to trade on like i use bittrex so to know the price i visit bittrex instead of coinmarketcap

Findingnemo

hero member

Activity: 2366

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Bitcoin = Financial freedom

Quote from: ?? on ??

Because i love to accumulate more tokens and ensure i dont short my self in day trading, i look at the BTC value, but there are times i have to look at the USD, not omitting the BTC.

When trading the prices are not in same stage or same value so I think it will be not a big problem for a traders. The unstable stage very useful for traders to buy when prices are low and sell when high.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: gvari on April 24, 2018, 09:09:30 AM

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

CoinMarketCap uses an average data from multiple exchanges. You better don't use CoinMarketCap since it a scam(Google "CoinMarketCap scam" you should able to find trustable sources)

Quote from: gvari on April 24, 2018, 09:09:30 AM

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

That is mean the coin you bought decrease in a pair of Bitcoin, but the BTC/USD price is creasing significantly, so it makes your capital is profiting in term of FIAT.

Quote from: gvari on April 24, 2018, 09:09:30 AM

So what do you guys look at when trading ?? The USD or the BTC

It depends, if I want to increase my Bitcoin capital, then I trade with BTC pair. In the other hands, I use USD pair.

Marcsymon

member

Activity: 322

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Quote from: yesss on April 24, 2018, 12:27:37 PM

Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I think that with a market that is constantly changing and difficult to predict, it is very difficult to make a successful trade, so you need to observe and monitor bitocin prices when trading altcoin. Bitcoin has a huge impact on the market as it accounts for 45% of the market cap. This shows great dominance, you always need to monitor bitocin price to be able to handle in every situation.

Yes, we should observed bitcoin price when doing trade. Because in bitcoin of course where we can earn much money if the price will pumping into the moon. Bullish market of bitcoin is a great opportunity to do trading for profitable outcome.

Jeffreywecker12

newbie

Activity: 2

Merit: 0

Theirs is no such thing as the best time to trade Cryptos, so many hold their coins and loose a lot of money through this process when they can actually make a lot of money from trading it. I can guide you with a 95% reliable strategy on how to make 89% of your investment weekly. Contact me through telegram +1 518 622 1291.

gvari

newbie

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Thanks everyone for great replies.

You´ve answered my question (which was maybe badly put to words Grin

)

But you nailed it.

Have a great day

Biscutard

full member

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Merit: 105

Go directly to your desired exchanges and look at their current price, there is no need to look at coinmarketcap or any other websites to compare the prices. Just use the exchanges pricing range and start trading because some of the websites that tells you the price aren't exactly the same because they are all have delayed 2-10 mins IMO.

maximrussky

full member

Activity: 518

Merit: 102

Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

Coinmarketcap shows basically the highest prices that can be traded on the stock exchange. You must always take a few percent of the total.

Genemind

sr. member

Activity: 1596

Merit: 335

Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

It actually depends, if you are in a country where you can withdraw your money directly in USD, if that is profitable for your trade you better trade using USD pair. If not, trade in BTC pair. I look at BTC price since I cannot withdraw dollars and we are not using that currency when we are withdrawing money in our country.

royalfestus

hero member

Activity: 2464

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If I buy with bitcoin i consider bitcoin while trading, so also with ethereum and neo if buy with them while trading. I never consider dollar in trading.

ItsEzMkay

full member

Activity: 303

Merit: 100

Bitcoin, you pretty much always want to look at things in Bitcoin. The reason is because if Bitcoin gains and your coin doesn't gain as much, it would have been better to stay in Bitcoin.

yesss

member

Activity: 168

Merit: 10

Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I think that with a market that is constantly changing and difficult to predict, it is very difficult to make a successful trade, so you need to observe and monitor bitocin prices when trading altcoin. Bitcoin has a huge impact on the market as it accounts for 45% of the market cap. This shows great dominance, you always need to monitor bitocin price to be able to handle in every situation.

logan16j

member

Activity: 252

Merit: 10

Quote from: gvari on April 24, 2018, 09:09:30 AM

Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you

I believe that prior to trading or investing in a particular project you should look at the technical side and see the price of the coin. You can see that the market in the past few days is very exciting as prices of bitcoin and altcoin are constantly increasing and this is the time for you to trade successfully. Buy good coin at an average price and do not buy average coin at a good price.

Topic: What price to look at when trading (Read 185 times)