Hello everyone,
1) I would like to understand why altcoins are traded in Bitcoin and not directly in dollar ?

it's really a problem that almost all of altcoins depend on Bitcoin price because when Bitcoin price drop, altcoins drop too and conversely (that's what happening right now) ...while if altcoins were traded in dollar, each crypto were independent...
If tomorrow Bitcoin totally crash , altcoins will crash too...
2) What are your tricks to keep monney when bitcoin pump and dump ?
For example, you buy 100$ of myaltcoin at 1$ (so you have 100 myaltcoin), one month later, myaltcoin price is 2$ (beause of myaltcoin rise and bitcoin rise), you have now 200$.
Now, you want to keep your 200$ to continue trading. There are two solutions :
- Exchange myaltcoin in Bitcoin and keep them
- Exchange myaltcoin in Bitcoin and exchange them in another altcoin
But for example, Bitcoin drop of 50% few hours later...
In both cases you lose 100$ and your return at 100$.
So, how do you do to keep max profit ?
Do you exchange your currencies in dollars as soon as you have a profit ?
I have seen that TETHER guaranteed his value at 1$ but i have seen too that it's a scam...
Thanks for your comments !!