Hello,
Some brokers does not have BTC/USD, but they have BTC/USDT or BTC/USDC.
My question, is the any difference (in term of day trading profit) between BTC/USD and BTC/USDT?
Have a great weekend everybody.
USDT / USD pair is there and we can still make a profit by trading on this pair. You may notice the price of Bitcoin, every time Bitcoin increases, the price of USDT decreases, but when Bitcoin decreases, it is the opposite. So you can wait for the price of Bitcoin to rise, use USD to buy USDT, then wait for the price of Bitcoin to decrease, then sell. This trading strategy has a very low return but also very safe, we need a huge amount of capital to make a good enough profit.Some brokers does not have BTC/USD, but they have BTC/USDT or BTC/USDC.
My question, is the any difference (in term of day trading profit) between BTC/USD and BTC/USDT?
Have a great weekend everybody.