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xineohp86 (25)Hivebuzz level badge

2 followers2 postsNot following anybody1 HP
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Joined November 2017 Active 8 years ago

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  • arkbtc (5)in #cryptocurrency • 8 years ago

    RE: Why is always more profitable to trade alts vs BTC, not vs USD

    this was correct 7 months ago..now all alts follow btc
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    • sdotluby (32)in #cryptocurrency • 8 years ago

      RE: Why is always more profitable to trade alts vs BTC, not vs USD

      The biggest objective to your equations and theory is that if BTC falls usually ETH and the rest fall with it
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      • kurtsmock (25)in #cryptocurrency • 8 years ago

        RE: Why is always more profitable to trade alts vs BTC, not vs USD

        You are so so so right xineohp. I'm sorry I know I'm late to this party, but it's what google gave me. Trading against an unstable currency (BTC) is suicide... well, it's not…
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        • jbswoopa (25)in #cryptocurrency • 8 years ago

          RE: Why is always more profitable to trade alts vs BTC, not vs USD

          Alright, We should assume the the market is going to go up, right? Otherwise we wouldn't be in it, yes? So, While the ETH USD rises over the BTC USD we could assume that BTC USD…
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          • misterwonderful (25)in #cryptocurrency • 8 years ago

            RE: Why is always more profitable to trade alts vs BTC, not vs USD

            dobe4ever, could you PLEASE follow up on this? This comment has contradicted your theory and you have no response? It would be interesting and useful for everyone that has read…
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            • james3377 (25)in #cryptocurrency • 8 years ago

              RE: Why is always more profitable to trade alts vs BTC, not vs USD

              People trade Alts vs BTC on the hope that btc always goes high and in the example you explained, when btc tanks, it will eventually go high..so you will have more USD
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              • osediu (25)in #cryptocurrency • 8 years ago

                RE: Why is always more profitable to trade alts vs BTC, not vs USD

                Did I miss something? If you started out with $1000 and end with $2000 you did gain something by effectively doubling your money. Or am I just reading your last part wrong? please explain if so
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              • smileyology (35)in #cryptocurrency • 8 years ago

                RE: Why is always more profitable to trade alts vs BTC, not vs USD

                This is what I find so confusing about trading with BTC. At first glance it might look like I am loosing money because my altcoin is going down against BTC but it is not because…
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                • dr-manulz (25)in #cryptocurrency • 8 years ago

                  RE: Why is always more profitable to trade alts vs BTC, not vs USD

                  This is correct. One may want to see against their home currency (eur/rub/cad..) which often makes more sense. USDT is an effective holding ground while waiting out volatility.
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