Post
Topic
Board Trading Discussion
Re: What price to look at when trading
by
yesss
on 24/04/2018, 17:27:37 UTC
Hey guys

Just a little newbie question

I´ve noticed on coinmarketcap.com that sometimes the BTC is lower than the Dollar (USD). It doesn´t always follow that price.

I´ve bought some coins for X amount for BTC´s ... but when I want to sell that coin, the BTC value is actually lower than when I bought the coin for BUT the USD has price has grown.

So what do you guys look at when trading ?? The USD or the BTC

Thank you
I think that with a market that is constantly changing and difficult to predict, it is very difficult to make a successful trade, so you need to observe and monitor bitocin prices when trading altcoin. Bitcoin has a huge impact on the market as it accounts for 45% of the market cap. This shows great dominance, you always need to monitor bitocin price to be able to handle in every situation.