Post
Topic
Board Trading Discussion
Re: trade against USD or BTC?
by
princerepon
on 24/08/2019, 18:16:08 UTC
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 /?

Generally i trade with BTC but sometimes i also fall into the trap like this. I think BTC trade is best in bull market and bear for USD. I don't know but somehow i think USD is the best option because USD market price don't drop hugely. But in many times you can see, you sold some coin with BTC, you collect it for buy some new coin after finish your research but next day you see BTC dump. You loss some bucks. It's happen to me and it's too much frustrated.