Quote from: BitcoinHodler on April 25, 2017, 12:18:31 PM

Quote from: Mareksh on April 25, 2017, 11:03:34 AM

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?

if you want to buy an altcoin and have fiat the do the EUR to altcoin if you find the market, the prices will be the same but if you do EUR > BTC > ALTCOIN you will end up paying the trading fees twice.

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I'm a bit confused because of the graphic here:

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.

there is a key beneath that chart. take a look at it.
the blue line is the "market cap" which is the multiplication of price and all the available coins (click on it to make it disappear it is useless)
the green line is price in USD (1ETH =$49.95)
and orange is price in BTC (1ETH=0.0395....BTC)

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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.

you need to check the prices directly from your exchange (kraken) this chart you are currently looking at is from coinmarketcap and it is reporting an average numbers for the most part and it is not 100% accurate to make calculations.
in kraken:
ETH/EUR = 45.90
ETH/BTC = 0.039341BTC
BTC/EUR = 1167.90

350 EUR > 0.29908BTC > 7.5871 ETH
350 EUR > 7.6100 ETH
(please note that prices fluctuate and these numbers may have changed while i was calculating, also for each trade i considered fee to be 0.2%)

Thanks for explanation! I appreciate your work Roll Eyes