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Topic: Will you trade Bitcoin to buy Altcoins? - page 23. (Read 4188 times)

newbie
Activity: 159
Merit: 0
for now do not want to trade anything because the market is not stable and tend to go down ...
nowadays it's better to work offline just to get the earnings delayed due to market down ...
full member
Activity: 487
Merit: 101
currently, i trade bitcoin to buy some altcoins with a possibility it will go 10x to 100x in a year.im hodling it for long term Grin
newbie
Activity: 197
Merit: 0
For me btc is much better in altcoins. There are lot of possibilities in altcoin in which you will ended up with disappoinments. Although btc is unpredictable but the outcome us worth it.
full member
Activity: 434
Merit: 105
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?

If you have a lot of time to monitor your Investment In different  altcoins then you're suit on this method. Investing In altcoins are really profitable enough but more risky rather than long-term period. It needs more experience to penetrate good conclusions, to avoid more lisses than profits.
sr. member
Activity: 602
Merit: 262
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 depends on knowledge of bitcoin and crypto  currency and bitcoin trade.So who expert on bitcoin and crypto currency and always focus on bitcoin up-down trade I am sure he is perfect trader. But now people join trade without knowledge than.lost money and everything.I was bought some altcoin and get a small profit but I am not expert trader

In my own opinion no one is perfect in trading industry theres always a time you will encounter error but like what my senpai said always be positive and trust your technical analysis by the way trading bitcoin to buy good altcoin is okay for me since many altcoin are performing a good rub even bitcoin are in dip stuation.
legendary
Activity: 2534
Merit: 1397
I am thinking of diversifying my portfolio, so i have to sell some bitcoin to buy altcoins. As a part of my strategy, i am planning to buy some established altcoins and some newly listed altcoins.
Me too, that's why I started to convert my Bitcoins and also Ethereum to altcoins. Altcoins have much more big Return of Investment if that altcoins will pump, there are lot of people started to invest altcoins before and after a year, the altcoins is started to pump.
full member
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
I will keep my bitcoin,  hodl it until it rise.  Maybe i will invest with altcoins and hold it as well.  Everyone will surely get more losses upon selling at its dip price.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
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 depends on knowledge of bitcoin and crypto  currency and bitcoin trade.So who expert on bitcoin and crypto currency and always focus on bitcoin up-down trade I am sure he is perfect trader. But now people join trade without knowledge than.lost money and everything.I was bought some altcoin and get a small profit but I am not expert trader
sr. member
Activity: 1236
Merit: 252
someone might sell bitcoin to buy altcoin, if i do not sell bitcoin to buy altcoin
Well it is not good to sell your bitcoin for the sake of altcoins, because bitcoin has higher value and more importance in market as compare to all other altcoins, now a day bitcoin is being high in value so I think we should be ready to sell our everything to buy bitcoin as we know bitcoin is the most promising currency in crypto market, so try to buy more bitcoin don’t think about trading it, as now is not the perfect time to trade it at increasing zone.
member
Activity: 294
Merit: 10
For now my goal is completely opposite. I will try as hard as I can in order to trade altcoins in exchange to BTC. I`m trying to grow in BTC before it will go to the moon again. Then I`ll be beneficial.
full member
Activity: 265
Merit: 100
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 hard to say we should trade bitcoin to buy altcoin because it has two interactions. The First  we want to invest and buy altcoin, then there must be bitcoin or ETH in the change and trade so in this sense I think bitcoin is sustainable so you will take bitcoin to invest in altcoin and you trade them and  you sell it to earn bitcoin so I think bitcoin is more sustainable than the altcoin you want to survive to have bitcoin.
member
Activity: 378
Merit: 10
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?


Choosing which coin would be the most  profitable in the short term can be extremely hard, for me bitcoin is better than altcoins, you cant really compare them with bitcoin because they dont have volume  as huge as btc  they might look good now but end up with problems, no altcoin with similar  use cases will be able  to replace btc, its not worth the risk.
sr. member
Activity: 882
Merit: 282
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?
Yes I will trade bitcoin for some altcoins.  I have used bitcoin to buy many altcoins in the past and I am still doing that until now.  Investment should be seeing as an avenue to make profits and if you are not making profits it doesn't worth it but if you can put your bitcoin in some altcoins and makes good profits I think it is highly advisable!
newbie
Activity: 168
Merit: 0
I do not like this time to trade bitcoin to keep the coin altcoin because i like to keep the coin bitcoin than i like having lots of properties from keeping the coin bitcoin i like to bitcoin the re-price to sell them
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Yes, I'm partially change my ETH and bitcoin in order to invest in the different ICO campaigns, but big percent it's main coins
Statement should be opposite because Altcoin is less valuable while Bitcoin is the most valuable cryptocurrency therefore a common person will first earn in Altcoin trading and then will ugrade to Bitcoin trading as we know that Bitcoin is more valuable.

In order to upgrade to the Bitcoin keep in mind that you must be trading with Altcoin or Litecoin at first so that you increase your wealth and make yourself able to start with Bitcoin.
hero member
Activity: 1092
Merit: 500
Yes I am much in favor of doing that compare to hold bitcoin in a long term though I need to hold some of bitcoin either. But it is more better to buy

altcoin using our bitcoin, because there is a big chances for us to earn big rather to hold bitcoin in a long term. And besides once you buy an altcoin

then goes up at the right time when you sell it it will automatically convert into bitcoin itself too in the end.
jr. member
Activity: 252
Merit: 2
Off course yes,but on a careful and calculated moves,to avoid had I known, but nevertheless bitcoin is the most traded coin,off which I sell off my altcoin to buy back..
full member
Activity: 461
Merit: 101
I prefer to trade cryptos/fiat instead of crypto/crypto pair. So, I won't trade my btc to other cryptos. When I see a promising alts, I will buy it with fiat. The chance to sell my bitcoin to buy alts is exist but after I convert it into fiat.
I would prefer to trade also a crypto to fiat because this is what today's literally need to do. I would only dare myself to trade crypto to crypto if I see the market finally making it's way to become in a good term again and if I feel that it's time to invest or trade fpr a long term because I believe that everyone has their own gut feeling.
full member
Activity: 378
Merit: 100
When Football meets Crypto
I am thinking of diversifying my portfolio, so i have to sell some bitcoin to buy altcoins. As a part of my strategy, i am planning to buy some established altcoins and some newly listed altcoins.

Selling your bitcoins today is not a good choice because when the market prices will pumps up again, bitcoins will increase insanely on its price and altcoins has only a small amount of increase.
member
Activity: 122
Merit: 16
Reward: 10M Shen (Approx. 5000 BNB) Bounty
someone might sell bitcoin to buy altcoin, if i do not sell bitcoin to buy altcoin
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