bitcoin is too popular now a days of crypto currency. and bitcoin popular all around the world. you have got bitcoin you just hold it for few days and wait for growth it. and altcoin not sure when it will be grow up but anytime pump bitcoin. altcoin is too risky. you can hold bitcoin one day it would be grow up.
I agree with you that Bitcoin is already establish and grows with time but don't forget that there are some altcoins that are growing faster than Bitcoin. Example is Tether and Verge. An investment in these coins would have yielded fortune by now. Personally I like diversifying. 
Topic: Will you trade Bitcoin to buy Altcoins? - page 12. (Read 4188 times)
Yes cause there are some altcoins that have potential and give you much profit than btc. actually I sell all my bitcoin for one altcoin and doing trade on it cause I believe that coin will be huge in December and I'm looking forward for that.
to be honest sometimes I will exchange the bitcoin that I have to buy altcoins as much as I can because this altcoin price movement can provide a lot of profit every day.
You need to know how to combine technical analysis and fundamental analysis in order to trade profitably. I would advice that, if you are not good at trading, its better you hold your bitcoins for value increase. This is my opinion..
From recent happenings, some good altcoins have performed far better than Bitcoin. Example is ODE and leaving my money in this coin is a wise decision.
In a stable and bullish market, yes I will trade bitcoin to buy Altcoin in order to increase my stash of bitcoin! As it were right now in cryptocurrency market. It will be expensive and disasterous to sell bitcoin for Altcoin.
It seems to me that now, it will be better to buy Bitcoins and do not trade this cryptocurrency to get altcoins. When the guy has a permanent job and good wages, he can do it. Hold BTC better for a long time.
I buy only altcoins that I really like and have done a great research on them. If momentary I don't have any altcoin on sight I keep my holdings in Bitcoin.
I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.
It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
trading altcoin is better that hokding bitcoin, some altcoins will make there price high in a small period but bitcoin takes a long time. It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
No. I believe that since Bitcoin is the ancestor of the cryptocurrency, it should not be changed to others.
Trading is a best way to make profit traditional trading and crypto trading; due to the modernism in currency trading we have another better way to make huge profit. Bitcoin trading is more precious but its profit is also something which is only here and you will not find it somewhere else.
Altcoins are also good but its potential to generate high profit is not more than that of Bitcoin’s profit so we choose Bitcoin as a productive source of making huge profit. Some altcoins may perform well as an exception but we should not consider those coins as the example because investing in altcoins may become zero also some times.
In a stable and bullish market, yes I will trade bitcoin to buy Altcoin in order to increase my stash of bitcoin! As it were right now in cryptocurrency market. It will be expensive and disasterous to sell bitcoin for Altcoin.
It depends on the potential of that altcoin. I would spend a certain amount of bitcoin for some coin that I really see a good chance to raise and get profit from it. However, with the current market , I'rather hold bitcoin and stay still.
If I have some bitcoin/s on my wallet even a little amount then I will trade it to buy some altcoin/s. It is better to trade your funds into altcoins than bitcoins because there is a chance that the profits will be doubled if the bitcoin's price is pumping while the price of the altcoin/s you are trading is also pumping. The other altcoins have also the chance to be doubled if the price is paired with BTC in the exchanges.
I think if there is one altcoin that can increase higher in the short time, then maybe I will consider to invest in that coin. but if the altcoin price is like what I see today, then I think it is better to hold bitcoin than to buy altcoin. the altcoin take a long time to increase and it is waiting for bitcoin price to go up first and then the altcoin can lift the price.
I will not trade bitcoin to buy altcoins, in fact my favourite hobby is to trade altcoins to buy Bitcoin. You cannot believe altcoins. During my whole experience of crypto trading I thought once to trade bitcion to buy altcoin (MTC token) in April-May but I was not able to buy at that point. Later in June-July I realised that I was right decision now that altcoin (MTC) is very very down.
No, here you are not 100% right. Some altcoins will bring you more money if you invest much in them. Sometimes it is very profitable to trade Bitcoin to buy these trusted tokens with a cool future.
I will not trade bitcoin to buy altcoins, in fact my favourite hobby is to trade altcoins to buy Bitcoin. You cannot believe altcoins. During my whole experience of crypto trading I thought once to trade bitcion to buy altcoin (MTC token) in April-May but I was not able to buy at that point. Later in June-July I realised that I was right decision now that altcoin (MTC) is very very down.
No, here you are not 100% right. Some altcoins will bring you more money if you invest much in them. Sometimes it is very profitable to trade Bitcoin to buy these trusted tokens with a cool future.
If i want to spread or diversify my investment to other cryptocurrencies other than bitcoin then I choose the coins that has sure potential to grow jn the future. It means I'm going to trade half of my total bitcoin holdings to some promising altcoins in the market. But I will not going to do it without researching the coins first and its future market.
If an altcoin is that much promising, I don't see any reason why not to. Bitcoin is indeed a good crypto but still, there are altcoins which are having a higher market price increase rate especially if it is newly listed in the market. Maybe it would be worth hitting a try and if you. have huge amount of bitcoin holdings, it would be a good idea trading some of it into good altcoins to earn bigger profit.
Who will not do that if you have chance to increase your assets, bitcoin is a basis of actual trading industry, if you have idea about promising coin that will grow rapidly, for sure you will take it and invest knowing that your bitcoin will grow and make you earn more than what you have from your wallet, tradersalways find ways to increase their assets and if seen some opportunities they will grab it no matter what.
no . i dont ever try to trade my btc to alts but i oftenly trade my alts to btc . if ever i wanted to buy altcoins , let say i want to buy etherium because i need it in order to trade my tokens , then i will onlly use regular currency to cash in and after that , i can now buy eth directly to a spefic wallet without getting the need of buying btc first . not only eth but it can also work other top rated altcoin such as xrp and bch . though im not really sure if this method is already available on some other kind of wallets .
Yes I am in the process of switching Bitcoin for Altcoin right now in hopes of hitting a big one so I can accumulate more Bitcoin. I don't have much so I gotta make a play when I can. this blood bath seems like an opportunity.
I prefer that you should stay on bitcoins because the current market price is too low for bitcoins so wait for the price to pump again before switching in order to invest more altcoins.
for what to do that???
if i can trade bitcoin then I don't think of buy or trading altcoin because bitcoin will be safer and more profitable for me.
if i can trade bitcoin then I don't think of buy or trading altcoin because bitcoin will be safer and more profitable for me.
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