Maybe someone expierenced or Ben can help me with this - I am having real trouble grasping whether to be trading against BTC or USDT? Many seem to say BTC, but I have been in situations when trading alt coins against BTC and they are 4 % up yet I have lost money because both were down against USD.
Is there any simple rule of thumb as to when to trade against USD and BTC?
Maybe always trade against USD unless BTC is in Bull Mode /?
Bear market trade in usd, bull maket trade in btc.
Very correct the market condition should determine the whether you trade in USD or BTC. But in most cases I prefer trading in bitcoin since the market is highly volatile and can change at any time.