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 /?
You can use USDT if you bought your altcoins using USD but most of the time we bought it with BTC since most exchange don't have fiat deposit so always trade against BTC then only you can make profits but lot of beginners do the mistake of trading against a stable value then losing there capital gradually.
Simple rule of trading is "Buy low and Sell High".