Post
Topic
Board Speculation (Altcoins)
Re: Altcoin with BTC pair is at the bottom
by
qualitywork
on 25/11/2020, 19:24:10 UTC
It is very risky to open the buy trades in altcoin/BTC pairs because the BTC price is not on the dipping price yet.

I dont really understand how it would make a difference whether I choose an entry the USDT or BTC route. Can someone explain this, please?


it's better to be enrty in the USDT pair,
because in the BTC pair it is very risky if the bitcoin price drops your rate will also go down,
but if the pair you are using is USDT then you will be safe from volatility.


So it is always better to go Fiat-->Alt-->Fiat or Fiat-->BTC-->Fiat ?
If from my point of view it is Fiat to ALT or BTC to ALT,
if you look at the altcoin chart in tradingview and open the BTC-ALT chart then you will find the answer,
because now everything is bottom.


Yes, most people are afraid of what will happen if the value of bitcoin drops while they trade using BTC paired with Altcoin. It's risky but at the same time it can provide profit especially during these situations wherein Bitcoin is bullish and I prefer trading pair of BTC-ALT as it has worked for me on multiple occasions and I prefer taking risk.