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It doesn't matter what asset you bought your coins for. Pairs merely show the price of your coin against an asset and are in no way tied to that asset. You can buy your coins for USDT and sell them for USDC, for example. And I don't recommend trading altcoins paired with bitcoin, because the price of almost all altcoins in this pair has a downward trend.
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Great stuff, that makes perfect sense now. Thank you kindly

Amazing, thanks everyone.

If it makes no difference to long term value of the coin, if I originally bought it with USDT pair or BTC pair, then I’ll just leave everything as it is.

I thought that if/when USDT were to crash, my holdings of CTSI would be affected as they were bought as a CTSI/USDT pair

It appears from your responses I was mistaken so I shall continue to do nothing and HODL

Thanks again everyone. Your input is invaluable especially to someone like me who is new to this

Hi All,

Thank you all very much for your advice and explanation. Really appreciate it

As you can probably tell, I am relatively new to trading.

So to answer your queries, I use coingecko app to track my portfolio. That does not show the trading pairs.

However, my coins are actually held on exchanges (binance, kucoin, coinbase and poloniex)

When I bought the coins, i had the option of choosing which trading pair to buy with. For example, when buying CTSI, it gave me the option to buy CTSI/BTC or CTSI/USDT and some others which I can’t recall

At the time of purchase, I used USDT to buy CTSI/USDT.

I am hold coins and do not buy and sell on a regular basis.

Doing further research, I understand USDT may collapse in the future so I think I’ve made a mistake by buying CTSI paired with USDT

Would you guys advise I need to do anything or am I getting confused and CTSI value will be CTSI value regardless of if it was bought as CTSI/USDT or CTSI/BTC?

Many thanks

Hi Everyone,

I have most of my portfolio paired with USDT (for example CSPR/USDT, CTSI/USDT etc) However, upon doing more research, I wish to change to BTC pairs instead.

What is the best way for me to switch the existing holdings to BTC pairs?

Is it simply to sell the coins and then buy back as BTC pairs?

I’m worried the buying and selling fees would add up to a lot. Is there any other way to achieve this?

Any thoughts would be much appreciated.

Many thanks in advance

Hi Everyone,

I have most of my portfolio paired with USDT (for example CSPR/USDT, CTSI/USDT etc) However, upon doing more research, I wish to change to BTC pairs instead.

What is the best way for me to switch the existing holdings to BTC pairs?

Is it simply to sell the coins and then buy back as BTC pairs?

I’m worried the buying and selling fees would add up to a lot. Is there any other way to achieve this?

Any thoughts would be much appreciated.

Many thanks in advance