Post
Topic
Board Trading Discussion
Re: Do not trade Alts with BTC these days, You will just lose
by
LUCKMCFLY
on 20/11/2020, 13:21:14 UTC
Do not trade Alts with BTC these days, You will just lose

I do not recommend to trade alts with btc these days otherwise you will be just loosing your money. As BTC hitting its ATH, the prices of alts are dumping even if it is BNB or any other coin whichever was stable in the last months. Just trade BTC/USD only.

According to my little experience, what happens is the following, while Bitcoin is in a bullish trend, all alts fall because no one wants to miss the movement of Bitcoin, for this reason the best option to buy alts is when:

1.- There is confirmation of the bullish trend.
2.- When Bitcoin makes its first trend correction.

It is the best way to buy because it is when investors want to shelter their money and choose the best alts.