Quote from: brandtalex on January 25, 2021, 01:21:40 PM

Quote from: Bergkampsballs on January 16, 2021, 06:42:23 PM

Hi, I was thinking of trading between BTC, ETH and maybe a few others such as DOT and ADA but the fact that most traders trade between BTC / USDT or ETH / USDT etc suggests that it's probably a dumb idea that will cost me money. The fact that I need to ask this question probably suggests I shouldn't try it but it seems to me that they go up and down in spurts.

For example ETH has just had a bit of a pump whilst Bitcoin is has been up and down so I've traded some ETH for BTC hoping that I can catch a raise from BTC whilst avoiding any potential correction on ETH. I was wondering if this kind of strategy is something that many people have tried and had much success with or had any bad experiences with?

If you're a hard trader or a daily trader I suggest you try grid trading bot. The alts you've mentioned have a great volume in every top tier crypto exchanges like KuCoin,Binance etc.

Also trading via grid trading bot is very easy now, you just have to set your bot on a good entry price and your money will be fine.

Btw here's the link if you wanna see how good the volume is for most of coins/tokens on KuCoin especially BTC & ETH:
BTC-USDT: https://trade.kucoin.com/BTC-USDT
ETH-USDT: https://trade.kucoin.com/ETH-USDT

That's right, if you try this grid trading bot you say, you really need to start with a good entry point, and that is actually a must so that you can avoid losing your bot completely.

Honestly, I tried using it with BTC, and with perseverance and proper timing in the market, I made a profit. I can also say that I am more flexible in this way of trading.

Nice-Block

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