Quote from: coinswebid on March 18, 2021, 05:35:28 PM

Quote from: DashingAgent on November 04, 2020, 08:58:05 PM

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.

for me thats unreasonable reason, because many people trade altcoins with bitcoin to collect more bitcoin buddy
i think you should know about that

- Seriously, there's nothing wrong with both of these opinions but here, the author is weighing the risks in the investment and making a safe suggestion for the participant, the fact is that you are right that many people can get more bitcoin with altcoin and bitcoin trading pairs but the rising value of bitcoin is risky for this strategy, bitcoin will almost deplete the capital in altcoins and force them to decrease in price. Standing in the opposite direction, the USD value will still increase even as the bitcoin and altcoin pair decline, USD is proportional to the value of bitcoin and this is the advantage we should use