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Topic: Will you trade Bitcoin to buy Altcoins? - page 3. (Read 4177 times)

newbie
Activity: 84
Merit: 0
November 19, 2018, 07:29:47 AM
If ever you're going to trade your bitcoin with altcoin for more percent profit, it would be good to choose the right altcoin. Look for the one with small price at the moment but most likely will increase its price in the future. You need to do research, readings, and assessment of the altcoin.
Of course I sell bitcoin to buy altcoins, with the altcoin note that I bought the price is good and profitable. Because crypto trading itself is like a game where the player must be clever to choose crypto money with the potential to make profits. I still like Bitcoin the most, but if the altcoin gives more profits, why not trade?
newbie
Activity: 42
Merit: 0
November 15, 2018, 09:34:39 PM
Yes I sold BTC to buy CanYa coin CAN, much better % return https://coinmarketcap.com/currencies/canyacoin/
jr. member
Activity: 56
Merit: 1
November 15, 2018, 09:31:28 PM
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
newbie
Activity: 26
Merit: 0
November 15, 2018, 01:43:08 PM
Till now I believe in bitcoin and I will keep holding on to it. It will be profitable forever)

member
Activity: 294
Merit: 10
W12 – Blockchain protocol
October 28, 2018, 05:22:16 PM
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.
member
Activity: 420
Merit: 50
October 28, 2018, 04:36:50 PM
Trading altcoins is risky, it can bring big profits as well as big losses. You must have great intuition because even the professional technical analysis can't predict the right moment for buying/selling. Also, you should compare the risks of trading altcoins with the possible losses of just holding bitcoin. Then you will clearly see if it's worth it.
Trading is really a big risk and it is not recommended for you or anyone to trade if you do not know the technical pattern of trading because of course it will give a loss to traders

Yes, it is risky but if you do not do it, you will hardly earn enough money to make your life a bit better. Actually I prefer trading tokens, as for Bitcoins, I hold this crypto.

Risk is always there either you make long-term investment or short term method that we call day trading. Actually I prefer by holding a coin like bitcoin in long-term rather than execute day trading because i have stable job and  i dont have enough time to cover those necessary thing when you're in the middle of day trading.
MKH
copper member
Activity: 231
Merit: 15
October 28, 2018, 03:32:10 PM
Yes, because sometimes the price of alt have a Long deffarenc with eth and btc pair. So its some time profitable to buy alt with btc and hold eth..
full member
Activity: 434
Merit: 100
October 28, 2018, 09:38:43 AM
Trading altcoins is risky, it can bring big profits as well as big losses. You must have great intuition because even the professional technical analysis can't predict the right moment for buying/selling. Also, you should compare the risks of trading altcoins with the possible losses of just holding bitcoin. Then you will clearly see if it's worth it.
Trading is really a big risk and it is not recommended for you or anyone to trade if you do not know the technical pattern of trading because of course it will give a loss to traders

Yes, it is risky but if you do not do it, you will hardly earn enough money to make your life a bit better. Actually I prefer trading tokens, as for Bitcoins, I hold this crypto.
sr. member
Activity: 1974
Merit: 450
October 26, 2018, 11:49:32 PM
Trading altcoins is risky, it can bring big profits as well as big losses. You must have great intuition because even the professional technical analysis can't predict the right moment for buying/selling. Also, you should compare the risks of trading altcoins with the possible losses of just holding bitcoin. Then you will clearly see if it's worth it.
Trading is really a big risk and it is not recommended for you or anyone to trade if you do not know the technical pattern of trading because of course it will give a loss to traders
maybe most of what I hear is, altcoin trading, for bitcoin. but when someone really needs an altcoin, it can certainly be done, because many of my friends are trying to sell their bitcoin to altcoin.
sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
October 26, 2018, 09:50:11 PM
Trading altcoins is risky, it can bring big profits as well as big losses. You must have great intuition because even the professional technical analysis can't predict the right moment for buying/selling. Also, you should compare the risks of trading altcoins with the possible losses of just holding bitcoin. Then you will clearly see if it's worth it.
Trading is really a big risk and it is not recommended for you or anyone to trade if you do not know the technical pattern of trading because of course it will give a loss to traders
full member
Activity: 644
Merit: 101
October 26, 2018, 09:17:02 PM
Before decide that, we should be first analysis the price of Bitcoin, currently the price of Bitcoin in low fluctuacion and stagnan so will be good idea to trade BTC with altcoin to increase the number of Bitcoin. In this situation of crypto market, Bitcoin can be push anytimes so do not forget to use stop loss because when the price of BTC push the price of altcoin will going down. Alot of good coin pairing with BTC only so we dont have any option and should be trade altcoin with BTC.
full member
Activity: 910
Merit: 100
elysian.finance
October 22, 2018, 05:05:28 AM
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, what you have done to make a profit is good enough, and you will definitely be able to make a profit every day, but not everyone can do as you do, as a crypto trader we have to do more ways to make a profit, especially now because market movements are difficult to predict, indeed to get profits with long-term investments, not as fast as for example we can trade days.
full member
Activity: 966
Merit: 102
October 22, 2018, 05:03:08 AM

I prefer to keep my btc, and stay away from altcoin trading.
this is too risky I can lose my money / assets in a very short time.
it's a bad thing that I have to avoid. keep holding back.
It is a good tip so that it can make the price of bitcoin and altcoin rise, in this way bitcoin and altcoins don't lose value so they can make the price improve someday.
of course, with so many storing bitcoin and altcoin, for a price increase it can be fast because like bitcoin the market demand is getting bigger, the price of bitcoin can get more expensive and continue to rise
newbie
Activity: 66
Merit: 0
October 22, 2018, 04:52:36 AM
Trading altcoins is risky, it can bring big profits as well as big losses. You must have great intuition because even the professional technical analysis can't predict the right moment for buying/selling. Also, you should compare the risks of trading altcoins with the possible losses of just holding bitcoin. Then you will clearly see if it's worth it.
sr. member
Activity: 910
Merit: 254
October 15, 2018, 11:59:31 PM
It depends how much btc i have btc in my portfolio.
Yes, i can trade my btc for other alt coins but partially. I will never trade all my btc for alt coins as we are well aware btc is leader in cryptos. I will trade my btc prtially only then if am getting pretty good returns from other alt coins. Trading all btc for other alt coins will be a witless decisiom.
member
Activity: 425
Merit: 10
October 15, 2018, 11:37:41 PM
If ever you're going to trade your bitcoin with altcoin for more percent profit, it would be good to choose the right altcoin. Look for the one with small price at the moment but most likely will increase its price in the future. You need to do research, readings, and assessment of the altcoin.
sr. member
Activity: 1358
Merit: 253
October 15, 2018, 10:04:02 PM

I prefer to keep my btc, and stay away from altcoin trading.
this is too risky I can lose my money / assets in a very short time.
it's a bad thing that I have to avoid. keep holding back.
It is a good tip so that it can make the price of bitcoin and altcoin rise, in this way bitcoin and altcoins don't lose value so they can make the price improve someday.
hero member
Activity: 1204
Merit: 500
October 15, 2018, 09:23:44 PM
I prefer to keep my btc, and stay away from altcoin trading.
this is too risky I can lose my money / assets in a very short time.
it's a bad thing that I have to avoid. keep holding back.
that's pretty good. well, I prepared everything. well, even I chose a good altcoin to increase my btc value. of course bitcoin, and ETH are the targets of my collection. but for now, I'm holding back bitcoin, and some altcoins that might still be potential.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
October 15, 2018, 07:00:41 PM
I prefer to keep my btc, and stay away from altcoin trading.
this is too risky I can lose my money / assets in a very short time.
it's a bad thing that I have to avoid. keep holding back.
full member
Activity: 226
Merit: 100
October 15, 2018, 04:18:24 PM
When the market fell, I used Bitcoin to trade with altcoin because then I could buy good altcoin at a very low price. Exchange of BTC-ALTCOIN is very easy on many exchanges so any investor can do very well. At present, it is possible to invest short-term in order to get good profit because the market is fluctuating strongly.
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