Which is more profitable trading ETH/USD or ETH/BTC - page 4.

Scripture

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Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

I always choose crypto to a stablecoin just to secure my profit at any market trend.
You can also have that fair but since the value of BTC is very volatile, you might lose some by having it. Your strategy is still matter here though, better to analyze what is best for you and what is the option that you can use to be more effective and profitable.

shinratensei_

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it's the same thing, but considering the fact that eth rate in bitcoin usually also quite volatile then the ETH/BTC pair might be better if you want faster profit earning.
the thing is that, both pair have quite the liquidity and if there's any margin between the two it usually gone within few seconds.
i'd say see the one you sees fit since both more or less have the same potential anyway. also, the profit you could generate will entirely dependent in your decision.
i'd say, if you seek more profit within short time frame, then you should instead gone to altcoins in which offer massive volatility.

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Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

if you are doing this on the spotmarket;

1. On a bear market, then ETH/USD(USD has to be a stablecoin like USDT). As the market keeps plummeting, and you sell off your ETH for USDT. The stablecoin helps avoid your portfolio from losing value as compared to if you just held ETH as you waited for when to buy or sell

2. On a bull market, obviously ETH/BTC is more profitable.

TimeTeller

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Quote from: kawetsriyanto on March 28, 2023, 04:45:06 PM

Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

It depends on what your goal and the current price of BTC and USD/USDT.

If you want to secure your profits, you are better to choose USD/USDT because the value won't change significantly in the future. So, it is safer to keep or directly convert to your account banks. But if you want to sell your ETH for another investment attempt, you can choose BTC. For example, when ETH is rising and BTC is decreasing, you can choose ETH/BTC (selling ETH for BTC). But it rarely happens because commonly ETH price is following BTC price.

It is indeed subjective to the market performance of these currencies.
There's no concrete strategy on how you can trade these to optimize profits.
But if there's time that you don't want to trade and not worry about its fluctuating value, you can always convert it to USDT.
Also, do remember, the other alts are usually following the BTC performance in the market. You may consider such thought.

kawetsriyanto

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Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

It depends on what your goal and the current price of BTC and USD/USDT.

If you want to secure your profits, you are better to choose USD/USDT because the value won't change significantly in the future. So, it is safer to keep or directly convert to your account banks. But if you want to sell your ETH for another investment attempt, you can choose BTC. For example, when ETH is rising and BTC is decreasing, you can choose ETH/BTC (selling ETH for BTC). But it rarely happens because commonly ETH price is following BTC price.

JooBra

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Depends what you want to acccumulate. If your want to have more and more BTC then choose BTC pair, in other situation maybe better use USD pair.

ololajulo

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The market can't give a perfect answer because it's a hard prediction and both trade options may be right at different times after the cycle. In the market, it is wise to take a small amount of trade from both pairs at different times of satisfaction.

Bobrox

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For me trading via ETH/USD more profitable than ETH/BTC because easy to count about how much profit earning and stable price from USD make us how to know about much profit earn, but some people still interested via pair ETH/BTC because potential earn two side profit not only by ETH but also when BTC up they can earn profit trough BTC.

Usually, BTC up and follow by altcoin exactly ETH and trading via ETH/BTC potential earn double profit than using ETH/USD because stable coins not change drastically and under fewest cent up every time. Just easy to count about how many percent earn profit trough ETH/USD than ETH/BTC and I think you can choose with ETH/USD for trading pair.

GeorgeJohn

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Quote from: |MINER| on March 28, 2023, 01:35:22 PM

Since you are going to trade Ethereum and it is an unstable coin, I don't think it would be good to use Bitcoin to measure it, because Bitcoin is an also unstable coin. In this case, if you use Bitcoin, you may have to get in trouble when calculating profit and loss. Not only will it be a hassle but also a waste of time and time is precious in trading so I would say to avoid these things always use stable coins for trading. It can be USDT or USDC or BUSD

It depends,if I should encourage op to use, it's usdt so that it will make accurate calculations of its profits and lost and arrive in a point he wants.

gocryptoz

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its best to trade ETH/USDT pair because USDT is stable coin but its your choice what to use when you trading.

Junii

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Trading ETH/USD allows you to take advantage of the fluctuations in the price of Ethereum against the US dollar. This trading pair is useful if you are primarily interested in trading Ethereum against a fiat currency and if you want to avoid the volatility of Bitcoin. However, if the US dollar value is affected by market conditions or other factors, this can also have an impact on your trades.
On the other hand, trading ETH/BTC involves trading Ethereum against Bitcoin, which is the most popular cryptocurrency in the market. This trading pair is useful if you want to take advantage of Bitcoins volatility and its impact on other cryptocurrencies, including Ethereum. However, it is important to keep in mind that Bitcoin price movements can be unpredictable and can also impact the value of ethereum. So the choice between trading ETH/USD or ETH/BTC will depend on your personal trading strategy and goals, as well as your risk tolerance and market knowledge.

|MINER|

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Since you are going to trade Ethereum and it is an unstable coin, I don't think it would be good to use Bitcoin to measure it, because Bitcoin is an also unstable coin. In this case, if you use Bitcoin, you may have to get in trouble when calculating profit and loss. Not only will it be a hassle but also a waste of time and time is precious in trading so I would say to avoid these things always use stable coins for trading. It can be USDT or USDC or BUSD

Flexystar

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For me it’s crypto/fiat pair always. It gives quicker insights about how much I am gaining and losing over a trade. How quickly can you calculate if it’s crypto to crypto pair? It will take time and market is such high volatility it could change its course at anytime.

Moreover, always consider one important factor here, understand which pair has best VOLUME.
If you are trading then volume plays important role in executing your trade and giving you that buy or sell order. If no volume then you could end up with losses for sure due to that poor wait time.

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Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

Before giving you a suggestion, I would like to ask you that which pair will be convenient for you to easily calculate profit and loss ETH/USD or ETH/BTC?
I think your answer will be the same answer as mine and others answer and that is USD. So according to my opion it will be best to use USD for trading not only just for ethereum it should be used in all cases. Because finding profit and loss is a big factor in trading, and it is often needed quickly so that's why it is always better to use stablecoins.

Findingnemo

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Quote from: bitcub on March 28, 2023, 09:39:59 AM

Yes thats what I am also thinking. But whats the use of crypto/crypto pairs, over crypto/fiat. Does it mean crypto/crypto pairs is only profitable during bullrun?

First of all stable coin and Fiat isn't same, stable coin still a crypto but claims to have a value of fiat.

Trading cryptocurrencies isn't profitable at all in the bull season, because more you hold the value will be increasing day by day then why we have to spend time and our profits to an exchange?

Trading is profitable everyday and it depends on what are the strategies are we using for our trades, personally myself trade with stable pairs because I don't do much if technical analysis so prefer stable coin with BTC whereas some used to have extensive technical analysis over the crypto pair they are choosing so if the both goes in opposite direction and they manage to cash out at the right time then they can make huge margin over others.

bitcub

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Yes thats what I am also thinking. But whats the use of crypto/crypto pairs, over crypto/fiat. Does it mean crypto/crypto pairs is only profitable during bullrun?

Quote from: Oshosondy on March 28, 2023, 09:29:13 AM

Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

I am always wondering why some traders prefer to trade unstable coin with unstable coin pair. What are you spending? Not fiat? If you are not from a country that is spending USD, possibly as a trader you will still convert your local fiat to USD on calculator in a way you will be able to know the amount you earn in local currency. Stable coins like USDT is better as the profit and loss are easily known and also realistic.

But some traders can trade bitcoin if they are not certain of price fall and they convert from altcoin to bitcoin because bitcoin is less volatile than altcoins. Some people choose bitcoin during such time than altcoins. So they can go for bitcoin and also stable coins.

Oshosondy

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Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

I am always wondering why some traders prefer to trade unstable coin with unstable coin pair. What are you spending? Not fiat? If you are not from a country that is spending USD, possibly as a trader you will still convert your local fiat to USD on calculator in a way you will be able to know the amount you earn in local currency. Stable coins like USDT is better as the profit and loss are easily known and also realistic.

But some traders can trade bitcoin if they are not certain of price fall and they convert from altcoin to bitcoin because bitcoin is less volatile than altcoins. Some people choose bitcoin during such time than altcoins. So they can go for bitcoin and also stable coins.

samcrypto

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Quote from: bitcub on March 28, 2023, 09:18:54 AM

Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

Trading is more profitable if you know what you are doing, that is just a trading pair and profit can't be guarantee by such fairing.
If you want to be more profitable in trading, know what's work for you.

I do trading against the pair of USDT and I can say that it didn't increase my chance of making profit because in trading, it will still depend on your strategy and analysis. Just trade what you have, if you have BTC then go pair it with altcoins but if you hold stablecoins, then that's a good option as well.

bitcub

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Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.

Topic: Which is more profitable trading ETH/USD or ETH/BTC - page 4. (Read 524 times)