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Topic: Why only a Bitcoin trading pair is the best thing? - page 2. (Read 500 times)

sr. member
Activity: 1316
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I mean altcoins that can have great price movements. When bitcoin prices decrease, some altcoins are not subject to correction and can survive. And when the bitcoin price goes up, the altcoin will go up too.
These altcoins have already amassed a sizable market capitalization. And we can see it in the Top 10 cryptocurrencies by marketcap. They are mainly unaffected by Bitcoin manipulations, but if the price of Bitcoin continues to downfall, all alts will undoubtedly suffer. Because purchasers cannot bear the burden of panic sellers, we must wait for consolidation, which most of them are aware of.

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Even though bitcoin has low volatility, people can panic when they see the price of bitcoin falling to a low.
I concur. If individual's panic as a result of the price drop, the price will almost certainly be reduced even further.
sr. member
Activity: 2002
Merit: 250
Even if the gain were small, if one could repeat it over and over again, the gain would be huge. And we know that the bitcoin movement has been good for now so you can either buy low and sell high or just buy and hold to sell at the next high. And it will be a long term investment.

But if you use futures trading, you can make bigger profits but it depends on your analytical skills in analyzing the market. While altcoin trading will be increasingly difficult to do because of the many lists of altcoins on the market, you have to be able to find altcoins that can go up and down. So from there, bitcoin trading remains the best.
It's true, don't even underestimate small profits, but we also have to know how to make consistent profits, even if it's only small,
lately the movement of Bitcoin is indeed good and we need to take advantage of this,
for the long term clearly Bitcoin remains the best choice.
hero member
Activity: 2604
Merit: 816
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While altcoin trading will be increasingly difficult to do because of the many lists of altcoins on the market, you have to be able to find altcoins that can go up and down. So from there, bitcoin trading remains the best.
What do you mean about "altcoin that can go up and down"? All altcoins can go up and down and even Bitcoin.
There are numerous reasons why Bitcoin is the ideal trading pair, but the primary reason is volatility. Bitcoin volatility is lower than that of altcoins. Altcoins have varying degrees of volatility. Some are quite volatile, while others are not.
Bitcoin is difficult to manipulate since it has the lowest volatility of any cryptocurrency and that is what trader's like. As a result, Bitcoin is the best trading pair.
I mean altcoins that can have great price movements. When bitcoin prices decrease, some altcoins are not subject to correction and can survive. And when the bitcoin price goes up, the altcoin will go up too.

But indeed bitcoin is an ideal trading partner. People can buy bitcoin at a low price and hold it until the price increases. And when the price can increase, people have the option to sell at that price or still hold on to sell at the next high price.

Even though bitcoin has low volatility, people can panic when they see the price of bitcoin falling to a low.
hero member
Activity: 3164
Merit: 675
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Bitcoin is always better than other currencies for long term investment planning. Bitcoin is one of the most reliable digital currencies. One of the most important thing you notice is that investing in bitcoins has less chance of profit as compared to other coins but the risk of investing in this coin is also less. As a result, investing in Bitcoin with more money can be risk-free.

I say more money because Bitcoin profit margins are relatively low so investing more money for a longer period of time creates a chance of making a good profit. So Bitcoin is undoubtedly the best for long term investment.
I think we shouldn't really say "risk free" for it, but it is certainly as good as it gets, it is certainly something we shouldn't really worry about all that much. I know that we should be focusing on a bigger deal but looking at altcoins means that there is also a huge risk that you could lose all your money, I wouldn't want to risk that neither.

On the other hand, like you said Bitcoin is better in the risk regard, I do not agree that it has zero risk, I mean there are people who can't wait and something happens etc etc, but in the end it is a lot less riskier than anything else I have seen in my life and I am sure that it will continue to be so for a long time as well until something better is innovated or created one day, which won't be an easy job.
sr. member
Activity: 1316
Merit: 356
While altcoin trading will be increasingly difficult to do because of the many lists of altcoins on the market, you have to be able to find altcoins that can go up and down. So from there, bitcoin trading remains the best.
What do you mean about "altcoin that can go up and down"? All altcoins can go up and down and even Bitcoin.
There are numerous reasons why Bitcoin is the ideal trading pair, but the primary reason is volatility. Bitcoin volatility is lower than that of altcoins. Altcoins have varying degrees of volatility. Some are quite volatile, while others are not.
Bitcoin is difficult to manipulate since it has the lowest volatility of any cryptocurrency and that is what trader's like. As a result, Bitcoin is the best trading pair.
hero member
Activity: 2604
Merit: 816
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Even if the gain were small, if one could repeat it over and over again, the gain would be huge. And we know that the bitcoin movement has been good for now so you can either buy low and sell high or just buy and hold to sell at the next high. And it will be a long term investment.

But if you use futures trading, you can make bigger profits but it depends on your analytical skills in analyzing the market. While altcoin trading will be increasingly difficult to do because of the many lists of altcoins on the market, you have to be able to find altcoins that can go up and down. So from there, bitcoin trading remains the best.
legendary
Activity: 1946
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
I think one of the reasons why Bitcoin trading is the best and the best is that when one trades only Bitcoin, his profit will be less than other coins or tokens and vice versa the chances of losing from other coins or tokens will be much less. I personally think that Bitcoin can be the only product for long-term trade management or long-term planning.
If this is for long-term trade, or meaning long-term investment, I do agree that Bitcoin is the best crypto for long-term investment. The proof has been clear, it's trusted. But if this is for daily trades, I think that many traders will also love trading altcoins that have high market caps, or moreover, the new hype with high risks, because they can also earn money from it. But as I said, this will be exactly risky. However, altcoins with small prices will help us to gain more profits than trading Bitcoin moreover if our amount of capital is still small. However, once more, this will again depend on how our trading strategy and habits.

The higher the volume of the altcoin chosen for trading, the better because fluctuations will move quickly. That's the advantage of trading on altcoins compared to bitcoin which is more suitable for the long term.
Some newly listed altcoins usually have high volume and it becomes the right target for fast trading. I usually do it on Binance and benefit from the fast altcoin movement, but the risk is indeed large and in accordance with the benefits. Before that, you have to have the right strategy according to the type of trading to be done, I usually do scalping for fast trading with a fairly large capital and it is done continuously.
legendary
Activity: 1708
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Bitcoin already built a good reputation and at the same tine teach us the possible for the previous years, that's why they keep doing as bitcoin for a good long term and this is the mother of all coin once bitcoin moves surely the other coins will follow at the same time easily, for the assurance it's all about the bitcoin but for the risk could possibly move is good for the altcoins for having a good profit, we know that there's already a large amount of volume with the bitcoin than the other altcoins that's why they choose this to get more profit. Still again dont put all your investment in a single pocket only.
legendary
Activity: 3178
Merit: 1054
I think one of the reasons why Bitcoin trading is the best and the best is that when one trades only Bitcoin, his profit will be less than other coins or tokens and vice versa the chances of losing from other coins or tokens will be much less. I personally think that Bitcoin can be the only product for long-term trade management or long-term planning.
If this is for long-term trade, or meaning long-term investment, I do agree that Bitcoin is the best crypto for long-term investment. The proof has been clear, it's trusted. But if this is for daily trades, I think that many traders will also love trading altcoins that have high market caps, or moreover, the new hype with high risks, because they can also earn money from it. But as I said, this will be exactly risky. However, altcoins with small prices will help us to gain more profits than trading Bitcoin moreover if our amount of capital is still small. However, once more, this will again depend on how our trading strategy and habits.

it is the volume that's in BTC/USDT that traders will like and prefer to trade in this pair. for spot traders, the whales with thousands of BTC can easily liquidate the amount especially if he is on the major cex same for buying back.

there are altcoin traders but are often not good for futures or spot because all these altcoins still just follow the price movement of BTC. nothing better than just staying in BTC.
full member
Activity: 1582
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I think one of the reasons why Bitcoin trading is the best and the best is that when one trades only Bitcoin, his profit will be less than other coins or tokens and vice versa the chances of losing from other coins or tokens will be much less. I personally think that Bitcoin can be the only product for long-term trade management or long-term planning.
If this is for long-term trade, or meaning long-term investment, I do agree that Bitcoin is the best crypto for long-term investment. The proof has been clear, it's trusted. But if this is for daily trades, I think that many traders will also love trading altcoins that have high market caps, or moreover, the new hype with high risks, because they can also earn money from it. But as I said, this will be exactly risky. However, altcoins with small prices will help us to gain more profits than trading Bitcoin moreover if our amount of capital is still small. However, once more, this will again depend on how our trading strategy and habits.
legendary
Activity: 1806
Merit: 1161
The main point is that there is bitcoin trading pairs have more liquidity than other pairs. Bitcoin is now more common than any other cryptocurrency in the world. And it's a matter of habit - until 2016, bitcoin was the main trading pair. Yes, there were times... Wild West.
sr. member
Activity: 1008
Merit: 366
I think one of the reasons why Bitcoin trading is the best and the best is that when one trades only Bitcoin, his profit will be less than other coins or tokens and vice versa the chances of losing from other coins or tokens will be much less.
I don't think that's the situation everytime. If you fail to do the correct analysis, you will lose big time. In every trading situation, you should have a fixed stop loss position. Doesn't matter if it's a BTC pair or any other crypto. You can control your loss at any situation, only if you have the right strategy. And always remember, trading comes with a high risk. There's a certainty with BTC pair and I agree with that. Other than that, you have to take in consider of every risk.

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Do you think there could be anything other than Bitcoin in terms of long-term planning?
No, Bitcoin is the best bet if your plan is for a long term investment. Every other alt coins are centralized shit. So anything could happen to them at any
given time. I will never choose anything else if it's for a long term investment.
 
legendary
Activity: 2100
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After all, the trading pair is really good especially if you have other altcoins that you like to trade as well because somehow it will really help you or us to get a good income.

But of course, it depends on the individual trader like me. For example, if I have holdings of any kind of Matic, what I will do is pair it with BTC so that at least if I sell my Matic, I will have btc in the same amount if it is believed that the value will increase in the future.
One should strive to increase the amount of bitcoin, and pairs with btc are best suited for this. If you trade in pairs with usdt, this is also a good option if there is a profit, but if bitcoin rises in price, then in the end you can buy less of it. I don’t limit myself to just pairs with bitcoin, I trade as it suits me, the most important thing is to make a profit, this is my main goal, and then I already decide what to buy and how to proceed.
hero member
Activity: 1666
Merit: 453
After all, the trading pair is really good especially if you have other altcoins that you like to trade as well because somehow it will really help you or us to get a good income.

But of course, it depends on the individual trader like me. For example, if I have holdings of any kind of Matic, what I will do is pair it with BTC so that at least if I sell my Matic, I will have btc in the same amount if it is believed that the value will increase in the future.
hero member
Activity: 3010
Merit: 666
Bitcoin is known for long-term investment. I'd heard a lot of successful stories from investors but never I heard they are sticking to Bitcoin as their trading pair. This it means that Bitcoin is not the coin we look for trading as altcoins are there to save that - success story when it comes to trading. I was certain, yes - altcoins are more profitable in trading and this is because of the level of volatility. In fact, people are seems happy to use highly volatile coins that slow moving coins because there is money on it.
hero member
Activity: 1148
Merit: 518
Bitcoin is always better than other currencies for long term investment planning. Bitcoin is one of the most reliable digital currencies. One of the most important thing you notice is that investing in bitcoins has less chance of profit as compared to other coins but the risk of investing in this coin is also less. As a result, investing in Bitcoin with more money can be risk-free.

I say more money because Bitcoin profit margins are relatively low so investing more money for a longer period of time creates a chance of making a good profit. So Bitcoin is undoubtedly the best for long term investment.
In contrast to other coins that carry out unthinkable pump and dump in the market, I am familiar with the Bitcoin chart pattern, which consistently forms a falling wedge during shorter timeframes. I consequently assumed that this was the key to spotting in order to profit from the project. Although Bitcoin experiences market fluctuations, the overall level of market volatility makes it extremely volatile. When the price was low during the bear market, some of us seized the opportunity to buy as much bitcoin as we could afford, while others chose not to do so out of fear, uncertainty, and doubt.
sr. member
Activity: 1386
Merit: 406
Bitcoin is always better than other currencies for long term investment planning. Bitcoin is one of the most reliable digital currencies. One of the most important thing you notice is that investing in bitcoins has less chance of profit as compared to other coins but the risk of investing in this coin is also less. As a result, investing in Bitcoin with more money can be risk-free.

I say more money because Bitcoin profit margins are relatively low so investing more money for a longer period of time creates a chance of making a good profit. So Bitcoin is undoubtedly the best for long term investment.
hero member
Activity: 2828
Merit: 611
I think one of the reasons why Bitcoin trading is the best and the best is that when one trades only Bitcoin, his profit will be less than other coins or tokens and vice versa the chances of losing from other coins or tokens will be much less. I personally think that Bitcoin can be the only product for long-term trade management or long-term planning.

Do you think there could be anything other than Bitcoin in terms of long-term planning?
Is there actually anything like a long term trading?
Could you be referring to investment? If so, bitcoin the king is the best option for a long term investment.
Trading BTC pair doesn't make the desired movement than traders want but I like BTC trade pair during bear market.
If you gain, your profit would be accumulate in the bitcoin and this may turn to a great news during bull market trend.
Long-term trading might have an element of long-term investing and that is a trader will need to patiently wait for his coin to recover before he sells it. Long term can also mean like a plan or commitment. Like for example one must trade for 2 years and after that, he can now quit. Trading and investment still has their differences. Bitcoin is the best coin in investing but Bitcoin can also work great in trading due to its characteristics.

Alts are more stable but there are still people who use them in trading. We can use our trading profits to invest in Bitcoin but there is a better way of doing it and that is to trade the coin directly with Bitcoin. That should save us fees and time.
legendary
Activity: 2996
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Bitcoin's the bee's knees when it comes to investing, the cream of the crypto crop, if you will. But when trading's the game, well, sometimes it's more like a wallflower than the belle of the ball. Sure, it's a safe harbor for long-term bets, but using it as a trading pair can feel like grooving to the dullest Muzak.

The altcoin scene's bursting at the seams, just itching for some dance floor action. Branch out, try new pairs, and you might find yourself boogying to some sweet, unexpected jams. Who knows? You could even stumble upon a new fave coin to trade.

Now, that's not to diss Bitcoin. It's the trusty, dependable sidekick that's always got your back, even if it's not the most electrifying. But sometimes, you just wanna let your hair down and gamble on a wildcard.

So, next time you're feeling trapped in a Bitcoin funk, remember there's a whole altcoin universe out there, ripe for exploration. No telling what kind of smooth moves you'll cook up!
I do not know why you feel the need to write like that, but you are right. Bitcoin may feel like it is not the best pair to trade if you want to take extra risks and make more money, not a lot of people would do something like that and it would not be a big problem for you neither.

I feel like the best thing to do would be making sure that you end up with a good profit and if you take that extra risk there is a chance you could end up losing. You may want to let your hair down for a second there, but that could cause you to lose more money than you anticipated and that is not something easy to handle later on. So focus on bitcoin pairs if you can, that is easier to handle, but if you really want to, go for the alts.
hero member
Activity: 3164
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www.Crypto.Games: Multiple coins, multiple games
Do you think there could be anything other than Bitcoin in terms of long-term planning?
In Crypto currency world I don't think that there is any others better options like  bitcoin . Because Bitcoin is perfect for both security plus profit. Bitcoin is one of the best digital assets. So there will be no question of how Bitcoin will be for the long-term, practically if we look at the previous history it will definitely be good. But since you have mentioned trading pairs here, I would say that selection of trading pairs really depends on personal strategy. It can be different for everyone on those uses
That's the thing which makes the pair better, people love bitcoin and you may disagree on some other coins together, not everyone will agree that some altcoin could be good, but everyone agrees that bitcoin is great and that makes it so much fun.

I personally would love to get as much bitcoin as possible, but if I had another altcoin, I may sell some of it to get bitcoin instead. Think about it, if you give me a million dollars worth of even ETH (and certainly all other coins) I would still sell some of that and buy bitcoin, but if you gave me a million dollars worth of bitcoin, I may keep that. This makes the bitcoin trading pair as the best one against any coin out there in the world and that is why people prefer it.
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