Topic: Will you trade Bitcoin to buy Altcoins? - page 2. (Read 4177 times)
Now it is not the right time to buy Altcoin with the Bitcoin because the price of Bitcoin went very low in the market which we will be less amount of coins. Instead of buying altcoin it is a very good option to hold the Bitcoin itself until the price of Bitcoin starts increasing.
I currently applying this method,because i believe there are lots of potential alt coins now under its ico price. when market condition will be uptrend then i will be gainer. i think if i trade with altcoins and hold them and wait for up trend it can give me more profit than holding btc.
In the past I've been doing this but I realize now it has a bad effect especially when bitcoin is down. The fact is, when bitcoin is down, altcoins will be down big time, that's the trend now but if bitcoin rises, altcoins are slow to follow.
I currently applying this method,because i believe there are lots of potential alt coins now under its ico price. when market condition will be uptrend then i will be gainer. i think if i trade with altcoins and hold them and wait for up trend it can give me more profit than holding btc.
I am someone who had profited out of altcoin investment in 2017. I made a decision to invest a part of my wealth in to Litecoin back then, and it worked really well for me. But right now I don't have any confidence in the alts.
indeed we can sell our bitcoin to trade it by buying altcoins which we think can be faster in order to provide us with great profits, but in my opinion at this time it is not the right decision to carry out such a trading strategy, because the market situation is still not stable, so in my opinion, for example, we cannot quickly make decisions about our trade, the losses are precisely it we will get.
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?
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?
If You only have Bitcoin here I guess I would agreed that it is much better to buy altcoins, why? it is because there is a high chances for you to gain big if you do that, if you will choose the right coins that has a capability to increase in the future just like Ethereum, Nem, Pundix, Ada, Utk, Neo, and waves as well.
Yes I will. Cause Bitcoin is my most favorite coin for trade with others altcoins. I don't like to use USD or others currency for buying altcoin. I always use Bitcoin for buy or trade altcoins.
It is a very good strategy if it will always play out according to your postulations here. But unfortunately, the crypto market is more on speculation and cannot be stable. But I sell my altcoin and converts them to bitcoins and hold. Bitcoin rises faster than the altcoins when there is a dip in the market. Also, it has the volume and liquidity when you want to get some fiat money.
For me, I will not sell my bitcoins to buy altcoins. Even though there are some good altcoins in the market. Holding bitcoins will give us more profit than trading altcoins.
actually holding has double risk than holding bitcoin.first its rate compared to bitcoin down ,and the second if bitcoin rate to usd down too.i think its double kill. 
For me, I will not sell my bitcoins to buy altcoins. Even though there are some good altcoins in the market. Holding bitcoins will give us more profit than trading altcoins.
With the current bearish market trend of all cryptocurrency I am not in favor of trading bitcoin to buy some altcoins. Because the price of bitcoin now is decreasing too much and it is less profitable to trade bitcoin now in its current price. So it is better to hodl our bitcoin rather than to buy some altcoins which prices are decreasing also in which investment is non- profitable.
I think is not, because altcoins prices are unstable and there are signs of going down, nobody knows it will increase or decrease in the future, if it is me then I will invest in bitcoin because it is safe and stable , I can still earn profits big from bitcoin
I will also NOT trade Bitcoin to get altcoins as soon as the tokens can fall one day, and there is a chance that they will never rise. BTC will be always the number one cryptocurrency.
Right now i will advice you hold your bitcoin for altcoin as the fate of most altcoin and be unpredictable I think just hold on and give the market time
but trading bitcoin for altcoin is good because altcoin is the best way to earn income while bitcoin is still falling in price until bitcoin has undergone a nice change 
Yes, mostly I am increasing my worth of bitcoins by trading the trading altcoin and it is impossible for us to keep on investing in Bitcoin always. In order to grow the bitcoin we need to keep on searching for good potential altcoin in order to make decent profits.
Yes! Selling off bitcoin and buying altcoins seem to be the best thing now with the speed bitcoin is falling. Use some part of the bitcoin and invest in altcoins for the good days are coming very soon.
I don't do that, I don't trade bitcoin at the moment, survive until the market recovers, because if I sell, I will suffer losses. I bought altcoin with my own money. and looking for altcoins from work following their campaign program. Next, I will trade with Altcoin. I agree with your words that, trading the day for now is the right time if someone is able to understand the ins and outs of the market. but I am still hesitant and afraid to do daily trading with bitcoin.
Right now i will advice you hold your bitcoin for altcoin as the fate of most altcoin and be unpredictable I think just hold on and give the market time
Why not? if you think it will be more profitable then do it! Don't let your assets stay too long without results, I think that's an unwise action. Some times altcoin is more profitable. Every trader must dare to take the opportunity.
If the altcoin has a very good movement and can benefit and can grow the bitcoin I have then I will exchange from bitcoin I have bought to buy altcoin so I can get a lot of profit. take advantage of the existing situation to grow your assets and get rich.
But for the automatic trading i use Trade Santa bot. It's free and convenient to set up the bot.
But for the automatic trading i use Trade Santa bot. It's free and convenient to set up the bot.
I think that's only necessary if you don't have any resort of having a certain altcoins. As much as possible, it's better to keep your bitcoin or rather sell your altcoins to buy bitcoin because we know how worthy bitcoin is.
sometimes some people do this to save their assets. well, for now, XRP is a really stable coin when the market price starts low, sometimes people do that to make a profit. but for now, I prefer to hold the coins that I have. Jump to: