Topic: Will you trade Bitcoin to buy Altcoins? - page 8. (Read 4145 times)
I have traded Bitcoin to buy some Altcoin severally during day trading. After the day, i get my Bitcoin back with either interest or lost. I do not trade my bitcoin entirely for an Altcoin that has no chance of helping make some good money.
This is actually the main reason why I am buying BTCitcoin, Ethereum, and other major coins. By earning profit from trading Major coins/altcoins, well I am also buying it because I believe it will grow more in the near future.
I will never sell Bitcoin to buy Altcoin. It's too risky, I do not want to be at a loss. A bitcoin is a reliable investment.
I prefer to hold my bitcoin for long term over than to trade it now, i love some altcoins like ethereum and ripple but the value of bitcoin can pump very high in the future and bitcoin is really better over on all the altcoins now.
I will never sell Bitcoin to buy Altcoin. It's too risky, I do not want to be at a loss. A bitcoin is a reliable investment.
I prefer to hold my bitcoin for long term over than to trade it now, i love some altcoins like ethereum and ripple but the value of bitcoin can pump very high in the future and bitcoin is really better over on all the altcoins now.
Yes, I will convert my Bitcoin to trusted altcoin. Please hold the remaining Bitcoin and Altcoin for your future. If the price rises, it will be good news for the person holding it. I will definitely hold the portion of Bitcoin to Altcoin.
If only I was going to make plans for the further future, so Yes, of course I would, the future is for Altcoins, they will survive many more currencies and be possibly the most profitable.
No, I actually trade altcoin to buy Bitcoin.
In my opinion, Bitcoin is a great coin and has a good reputation.
I only hope that if Bitcoin in the future will be a high-value coin.
That's my hope to buy Bitcoin.
During this time I traded Altcoin to collect Bitcoin.
In my opinion, Bitcoin is a great coin and has a good reputation.
I only hope that if Bitcoin in the future will be a high-value coin.
That's my hope to buy Bitcoin.
During this time I traded Altcoin to collect Bitcoin.
Yes, buying altcoin with bitcoin is always good but everything depends on you whether you are choosing the right coin or not. Whether the coin has the ability to increase its price when the .market starts recovering.
I think, many people have done things like this. trading also sometimes becomes one of the jobs of people looking for crypto. Well, so selling bitcoin to buy altcoins, I think that is a common thing for now.
I'll be here to hold your hand as you learn the ropes of buying your first Bitcoin, buying your first Alt-coin, and selling them on exchanges. And no, I won't let you strain your eyes at walls of text; I'll try to keep things pretty straight forward.
Yes, buying altcoin with bitcoin is always good but everything depends on you whether you are choosing the right coin or not. Whether the coin has the ability to increase its price when the .market starts recovering.
Currently at this time, it is much risky to invest into any coins. Because the markets are already down and if you are investing the amount you have in btc which jas gradually decreased due to the price drop will make your profits affect a bit but if you are getting some bitcoins now to invest in altcoins at the current price than you could be in a good profit because the markets will again standup with bitcoins and etherum.
Yes, buying altcoin with bitcoin is always good but everything depends on you whether you are choosing the right coin or not. Whether the coin has the ability to increase its price when the .market starts recovering.
I suggest you not to sell bitcoin because it is getting more people's attention now, and most of the altcoins are affected by the fall of ETH!
It is not that bad if someone will trade his bitcoin to buy altcoins, it is taking the risk, maybe he did that because he wanted to make more money, you won't lose any of your profits by that because you have the Altcoin in return, if you also know how to trade Altcoins, then it is a win-win for you. Other people just wanted to hodl their bitcoins because they don't what to do about it, what they know is to earn it and hodl it.
What am I doing right now is I'm earning bitcoin and I use it on buying Ethereum and going to hodl it for long term I guess to make more profits out of it. Sometimes, you need to look what is in the future for you to have guts on investing and not only look on what is in front of you.
Yes, because it is the easiest method anyone can do to buy any altcoins he will prefer. Not all altcoins are available through fiat. Most of the time, you really need to buy bitcoin first before you are able to buy altcoins especially those that just newly released.
you should if you are an experienced trader. If you don't, I suggest you not to do that. But at the moment, you should hold Bitcoin instead of selling it and buy Altcoin. Be a wise trader.
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?
Bitcoin is too popular. I am thinking of diversifying my portfolio. I am planning to buy some established token ICO and some Altcoins - Biidcoin (BIID) - PeerCoin TestNet (PPC-TEST).
I suggest you not to sell bitcoin because it is getting more people's attention now, and most of the altcoins are affected by the fall of ETH!
Because I believe that alcoin will increase and when I invest in this, it means I come with this project from the beginning. I may get high profit in the future. But when I buy bitcoin, It has own foundation and the price is expensive.
I think if we can choose the right altcoin that has the experience to increase higher in the past, we can have a chance to sell bitcoin and buy the altcoin. but it looks like many people won't take the risk to do this because many altcoins cannot increase higher this time and many traders are getting a stop at the high price. I will trade bitcoin to buy altcoin but I only use a small part of bitcoin to buy the altcoin and I only choose the potential altcoin that can increase in the future.
No, probably not. If I invested in one cryptocurrency, then I must be sure of it. If I want to invest in another, I will make it a separate contribution.
I prefer to trade in altcoin rather than bitcoin because the conditions of altcoin prices are still very cheap, so the profit that I can get is very much and the price movement of altcoin is also very fast which makes me like altcoins.
I am sure that at least one-half of the people from this forum would trade Bitcoin to get more various altcoins. You can make more money when you work with tokens. Additionally, you will earn here faster.
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