Well obviously first thing is to have some bitcoin.

So I suggest you first convert into bitcoin.

Then when/if you pick anything else, look for market-pairs where bitcoin is one side of the pair.

That way you can place buy offers hoping/waiting for a dip in price-in-bitcoins.

Meanwhile, while waiting for a dip in your alts that will "dump" some onto your buy offers that are in bitcoins, you stand to benefit from bitcoin's overall long-term upwards trend.

Partly because of course one does not want to actually "run out" of bitcoins, but for oodles of other good reasons I have posted interminably about elsewhere in these forums, it is good when placing your "buy andan alt using bitcoins" buy-offers to do so as a descending column of offers, going so darn low in price that you are very confident no dip/dump will go that far, thus that you will either be left with some bitcoin or will have a wonderful surprise of amazingly low price on your alts that do manage to dump far lower than you expected them to.

That way you get the benefit first of having bitcoin, then while still having bitcoin you also stand to benefit from nice "dumps" in price of your chosen alts.


-MarkM-

Well obviously first thing is to have some bitcoin.

So I suggest you first convert into bitcoin.

Then when/if you pick anything else, look for market-pairs where bitcoin is one side of the pair.

That way you can place buy offers hoping/waiting for a dip in price-in-bitcoins.

Meanwhile, while waiting for a dip in your alts that will "dump" some onto your buy offers that are in bitcoins, you stand to benefit from bitcoin's overall long-term upwards trend.

Partly because of course one does not want to actually "run out" of bitcoins, but for oodles of other good reasons I have posted interminably about elsewhere in these forums, it is good when placing your buy and alt using bitcoins buy-offers to do so as a descending column of offers, going so darn low in price that you are very confident no dip/dump will go that far, thus that you will either be left with some bitcoin or will have a wonderful surprise of amazingly low price on your alts that do manage to dump far lower than you expected them to.

That way you get the benefit first of having bitcoin, then while still having bitcoin you also stand to benefit from nice "dumps" in price of your chosen alts.


-MarkM-