I have a few altcoins that are doing pretty well and want to take profits soon to then reinvest into other altcoins that haven’t pumped yet and I am wondering if it is best to swap directly or sell my altcoin that is doing well into USDT and then buy the new altcoin I want with the USDT?
I use Coinbase mainly so wondering which way is best to do it or is there not really much difference?
I do not think that there is a big difference between these two things. Don't get me wrong I am not saying that we are going to face a lot of trouble if we do one or the other, we are going to realize that both of them are quite normal and we shouldn't really see difference. I have done both and there wasn't any difference at all.
The reality is that not a lot of swapping options do exist in most places, so you are dealing with places that you do not like, that is why I end up selling first and then buying later because that is the option I am given, not because that is better but because that is what the dexo r the cex I am using offers at the moment, which makes things a lot better. I do not think that it will be cared or have financial consequences to pick one.