Post
Topic
Board Trading Discussion
Topic OP
How to "buy-in" the correct way?
by
Mareksh
on 25/04/2017, 11:03:34 UTC
Hello,

I'm completely new to trading and just funded my Kraken account with 350 EUR to play around / to try.

Now I want to invest in btc/altcoins. I'm wondering which way would be the best. Go from EUR to BTC and then to altcoin (XMR, XRP, ETH, DASH, LTC) or directly from EUR to altcoins?

I'm a bit confused because of the graphic here:
http://i.imgur.com/rq7zBJG.jpg

I hope I'm understanding this chart correctly.

The blue line tells me the actual "amount" of ETH.
The green line shows how much USD would 1 ETH cost.
The orange line shows how much BTC would 1 ETH cost.

Now the orange line is way beneath the ETH line, which means that you get less BTC for 1 ETH then it would be if the line would be higher.

So If I already have BTC now, I could get more USD out if ETH then going USD -> ETH -> USD, right?

I would be thankful if someone could give me some explanaition, or corrects me if I'm wrong.

Thanks.