Quote from: kceekcee on April 03, 2020, 05:34:46 PM

Quote from: Ifemini on March 30, 2020, 12:23:14 PM

I want to assume that there are few people, who make several profits from trading altcoins, but sell their profit to bitcoin, and then over time while holding bitcoin, it dumps and their profits dips alongside bitcoin.

Why not do it this way ?
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.

If you are passionate about hodling bitcoin, always convert to usdt or other stable coins and be patient for a fair entry point. Because the market isn't running away

What do you think everyone ? is there a better pattern that can be practiced?

I am open to more suggestions.

I do not think it is possible to escape loss as a trader, there will always be losses.
The core importance is to ensure that, there are more profits than loss.

In able to escape loss as an altcoun trader you need to be always updated of the charts and trades. If the alt coin value is low you need to buy more altcoin and wait until such time that the value becomes higher. Through that you can have so much return on investment. In bitcoin trading you just have to invest your money and wait for the charts and trades for the alt coin value to go higher. With thus situation you may enjoy your time with your family and colleagues while gaining and earning so much money.