Quote from: Vaskiy on May 07, 2017, 04:38:06 AM

Quote from: strategics on May 06, 2017, 05:53:43 PM

It's a give fact that most of us trade Alts to increase our Bitcoin Hodlings. Having said that, I'd like to know if anyone follows a strategy to increase their fiat balance by trading it against Bitcoin.

Right now trading altcoins to bitcoin is found more profitable than holding fiat by trading altcoins or bitcoins. For this reason most of the users prefer holding bitcoin rather than fiat. There are users who often convert to fiat and hold it to buy when the bitcoin price falls. Better is to hold bitcoin and profit as price varies often.

I do hodl BTC on a hardware wallet which isn't for used for trading. The only reason I'm currently not trading alts is because of its high volatility which in return may decrease my Bitcoins. Also I don't like to short BTC because a sudden rally can cause me to lose more coins than before.

I'm willing to take the slow route with plan to at the very least double if not triple my fiat balance every year by buying at a % drop and selling at a % gain (leaving before a couple of millibits for every sell order thus growing my BTC balance as well).

Which buy at -% and sell at +% would you recommend I use for this strategy (current BVI for 30 days is 1.51%)? Also should I use all my fiat balance on per buy order or split it up for multiple buy entry points?