Topic: Will you trade Bitcoin to buy Altcoins? - page 9. (Read 4145 times)
It all depends actually. You can trade bitcoin for other altcoins as well but it all depends on the altcoin. Some altcoins outgrow bitcoin during bull run so, you must be careful to choose what to do
Everyone will definitely do that, but what will be the difference is how the decision will be made.
The right time to buy is the most important thing.
Timing will make different results and that is why we must be prepared to take advantage of all the available momentum.
The right time to buy is the most important thing.
Timing will make different results and that is why we must be prepared to take advantage of all the available momentum.
Until now, I still believe in the growth of bitcoin, so it is impossible for me to do it, even though bitcoin has experienced a significant fall lately but now it has improved again and the price continues to rise.
I don't think it's the right choice if you do this by selling bitcoin that already has high confidence in its growth and is used to buy altcoins that are still difficult to predict in the future.
Yeah bitcoin is falling these past few months and it is normal, years ago bitcoin just costs for over a hundred dollar and now a thousands of which means there will be significant rise and fall of the price. I guess its okay to trade bitcoin to some altcoin which you think that you are going to make more with not to the shit ones, make study of the coin take the opportunity of a bear market. I don't think it's the right choice if you do this by selling bitcoin that already has high confidence in its growth and is used to buy altcoins that are still difficult to predict in the future.
I still have the confidence to buy Bitcoin at the moment. The price of BTC is still the highest in the market and I believe it will be profitable if I invest in Altcoins in the future.
I prefer to buy Bitcoin better than buy altcoin because Bitcoin's value is unpredictable. But when I just bought Bitcoin and stuck my foot in that place for so long, I was bored and I wanted to use it for business.
If you have times and skill for trading , that will be great thing to increase the amount of BTC, and to minimize the risk is better use maximum 50% of BTC and doing short trade. Others more thing to avoid risk is always use stop loss and never forget it because the price can be crash just afew hours while we are sleeping.
No, that is not my strategy.
Some think trading altcoins could be more profitable than trading Bitcoin but having in mind how much altcoins is on the market and how easy is to pick wrong one. I wouldn't agree with that.
To my opinion Bitcoin is still the coin that can give you thr the biggest profit and that will not disappear from market like some altcoins. So, I definetely wouldn't sell Bitcoin to buy altcoin, this would be wrong decision.
Some think trading altcoins could be more profitable than trading Bitcoin but having in mind how much altcoins is on the market and how easy is to pick wrong one. I wouldn't agree with that.
To my opinion Bitcoin is still the coin that can give you thr the biggest profit and that will not disappear from market like some altcoins. So, I definetely wouldn't sell Bitcoin to buy altcoin, this would be wrong decision.
My own strategy is that, I cannot trade bitcoin in place of altcoin but I can only trade altcoins with very little investment so that even of I lose, it won't hurt my portfolio generally
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.
It's good to distribute your investments: part of course to leave in bitcoin, I prefer to invest another amount in promising ico projects. I know that many will disagree but it really can be beneficial, the main thing is to find a good project. I have been doing this for about 6 months, now the situation on the market is not very good. But there are projects with quality products and good conditions.
Right now I prefer to trade only with those cryptocurrencies which have USD as basis currency for trading, especially Bitcoin. Because in such way I can trade and fix my income only in USD and use marginal trading.
This is one of my strategy,
As you've said BTCTC is a long-term investment
so by using BTCTC as your capital in day trading
it could double the profit Smiley
As you've said BTCTC is a long-term investment
so by using BTCTC as your capital in day trading
it could double the profit Smiley
yes that I often do because by having bitcoin I can buy atlcoin whatever I want and can benefit from altcoins very much and as much as possible to always be able to take advantage of altcoin moves to make a profit.
Yes I will, well in my case I am mostly focusing on Ethereum/Altcoin market.
I am scalping while hodling Ethereum long-term.
I am scalping while hodling Ethereum long-term.
Yes, it is best one to buy the altcoin with Bitcoin because when the prices start increasing we can easily make more bitcoin in the market. As you can see in the last year the price of altcoins went very high in the market. In the same way, we can make more if you purchase Bitcoin with altcoin, instead of holding it as a Bitcoin itself.
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 have currently traded all my Bitcoin for altcoin. I believe alts will pump much more than Bitcoin so I plan on riding them up to gain Satoshi value and then jump over to Bitcoin at the peak.
It was fine to trade bitcoins with altcoins as long as you have the assurance to earn profit and that is the reason you have to look at the platform before invest a huge amount into a certain coin.
I have currently traded all my Bitcoin for altcoin. I believe alts will pump much more than Bitcoin so I plan on riding them up to gain Satoshi value and then jump over to Bitcoin at the peak.
It was fine to trade bitcoins with altcoins as long as you have the assurance to earn profit and that is the reason you have to look at the platform before invest a huge amount into a certain coin.
I would now like to do the opposite. Sell altcoins and buy bitcoin. But, unfortunately, I do not have enough money yet. But in the future I will necessarily buy myself some Bitcoin coins
Bitcoin is now most popular crytocurrency and it's future is good but altcoin trade is very risky because there is no future so I think Bitcoin trade is good
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