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Author Topic: My trading strategy: profit is not based on USD  (Read 7243 times)

Offline dekafee79

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Re: My trading strategy: profit is not based on USD
« Reply #15 on: March 16, 2022, 06:52:11 AM »

Yeah , that's true, stable coins is good value to calculate how much you will profit or lost.
I also used stable coins for my trading pairs.
It depends on market condition.
If the market condition has good progress and  the coins grow, I will use bitcoin, Ethereum, BNB or etc for may trading pairs.
You will get double profit from it.

me too, I often have used stable coin for my trading pairs
that's usable for estimate your lost or profit.
But sometimes I also used BNB when trade in binance exchange because low fee and market  seems go strong, I will get double profit.
Yeah, stable coin or top coins it depends or your consideration, I agree with this opinion.

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Re: My trading strategy: profit is not based on USD
« Reply #15 on: March 16, 2022, 06:52:11 AM »

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Offline legend45

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Re: My trading strategy: profit is not based on USD
« Reply #16 on: March 18, 2022, 10:23:04 PM »
Calculating profit with USD is indeed easier than calculating profit if we trade COIN pair BTC / ETH / BNB.  That is why more people trade with USD pairs than with other COIN pairs.  Yet if we trade with other coin pairs such as BTC, ETH or BNB we can get double profits.

You're right, calculate our coins better use USDT or stable coins than top coins.
But there are trader that want to get double profit when market grow up, use top coins such as BTC , ETH and BNB.
It depends on your comfortable.
If you prefer in USDT or stable coins, do it.
OP said trading strategy ,profit is not on USD, sometimes I did.

Offline CryptoBotCC

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Re: My trading strategy: profit is not based on USD
« Reply #17 on: March 26, 2022, 08:37:59 AM »
I completely agree with your strategy. The value of the dollar will constantly fall against the top cryptocurrencies in the long term. I think accumulating more and more coins is the best way to save money.

Offline jonathancool220

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Re: My trading strategy: profit is not based on USD
« Reply #18 on: April 02, 2022, 06:55:59 AM »
If you trade the pair with Ethereum, it will generate Ethereum profits, for example trading BTCxETH.
If you trade a pair with Bitcoin it will generate Bitcoin profits, for example BNBxBTC.

At the beginning, we must dare to take a stand for the initial capital that is determined because I believe that the initial capital chosen will be the benchmark.
I'm more inclined to the initial capital of BUSD because this BUSD is prioritized in terms of price stability.

Offline Doctor

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Re: My trading strategy: profit is not based on USD
« Reply #19 on: April 02, 2022, 10:04:59 AM »
I completely agree with your strategy. The value of the dollar will constantly fall against the top cryptocurrencies in the long term. I think accumulating more and more coins is the best way to save money.

Yeah better to accumulate more in crypto currency than USD.
I also started to collect several potential coins since 2017 till now.
Trading strategy to pair in Ethereum also good to generate profit.
We can gain double profit.
But for newbies better to pair in stable coins , that's more easy to estimate profit or loss.

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Offline bayiajaib

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Re: My trading strategy: profit is not based on USD
« Reply #20 on: April 02, 2022, 08:05:38 PM »
I calculate my profit based on USD, because it is easier and more convenient for me. I am not a day trader, I prefer to hold all my coins over a long period of time. I will sell my coins when I make a profit.

Talking about easier, I agree with you. We can do pairing trading on stable coins such as USDT.
Yeah, profit based on USD.
But If we want to gain double profit when market show good performance I think top coins as  trading pair is the best to do.
You can do that.
I also used ETH, BTC and BNB for  my trading pairs .Maybe other members  did it

Offline shadowdio

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Re: My trading strategy: profit is not based on USD
« Reply #21 on: April 06, 2022, 07:16:45 AM »
trading crypto that not based on USD is really hassle in my opinion because you will always calculating to know how much you earn profit. I prefer pairing altcoins to stable coins because you know the total of your profit or loss, no need to calculate.

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Re: My trading strategy: profit is not based on USD
« Reply #21 on: April 06, 2022, 07:16:45 AM »


Offline DAMKAR

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Re: My trading strategy: profit is not based on USD
« Reply #22 on: April 06, 2022, 07:42:57 PM »
trading crypto that not based on USD is really hassle in my opinion because you will always calculating to know how much you earn profit. I prefer pairing altcoins to stable coins because you know the total of your profit or loss, no need to calculate.

That's true, trading crypto that not based on USD will be hassle, but It's not the big problem we always calculate our profit or loss.
I did it if the crypto market show good performance, where will get double profit if besed on top coins.
I did both, sometimes based on USD, and several times also based on top coins, such as bitcoin, BNB and Ethereum.

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Re: My trading strategy: profit is not based on USD
« Reply #23 on: April 06, 2022, 07:51:32 PM »
I got it what you are talking about. You are only focusing on increasing the number of the coins you have. But only using BTC pair with that coin is not the only and better option. Just think what if you sell your BTC above 60k and then by back below 30k which it touched two times already. You would have 2x of your coin already. This can also be a good way if you can catch the top and bottom.

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Re: My trading strategy: profit is not based on USD
« Reply #24 on: April 09, 2022, 06:47:48 PM »
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Re: My trading strategy: profit is not based on USD
« Reply #25 on: April 09, 2022, 07:56:43 PM »
I got it what you are talking about. You are only focusing on increasing the number of the coins you have. But only using BTC pair with that coin is not the only and better option. Just think what if you sell your BTC above 60k and then by back below 30k which it touched two times already. You would have 2x of your coin already. This can also be a good way if you can catch the top and bottom.

Good way to touch two times already , we will have 2x of our coin.
But We should rethink, if BTC down to 30K, our coins also down.
I think pairing in BTC or other top coins will more profitable when the market progress is good.
But when high volatile and seems extreme , I don't think It's good to pair in top coins.
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Re: My trading strategy: profit is not based on USD
« Reply #26 on: April 10, 2022, 12:38:30 AM »
I'm new to Metaverse, however with the help of MetaverseME, I was able to create my own nft and use it in games. That's fine with me for the time being.

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Re: My trading strategy: profit is not based on USD
« Reply #27 on: April 11, 2022, 02:20:42 PM »
hello there, guys The game-fi universe is expanding at a breakneck pace, and it's becoming increasingly impossible for me to keep up. Bitbrawl was the most recent project that caught my attention.

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Re: My trading strategy: profit is not based on USD
« Reply #28 on: April 12, 2022, 01:52:01 PM »
I got it what you are talking about. You are only focusing on increasing the number of the coins you have. But only using BTC pair with that coin is not the only and better option. Just think what if you sell your BTC above 60k and then by back below 30k which it touched two times already. You would have 2x of your coin already. This can also be a good way if you can catch the top and bottom.

Good way to touch two times already , we will have 2x of our coin.
But We should rethink, if BTC down to 30K, our coins also down.
I think pairing in BTC or other top coins will more profitable when the market progress is good.
But when high volatile and seems extreme , I don't think It's good to pair in top coins.

Yeah, when the market seems extreem , better to pair in stable coins.
But every people have own consideration to to the best way to gain profit.
I personally prefer use trading pairs in stable coin.
Because we all know crypto currency is high volatile and unpredictable.
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Offline satpol_PP

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Re: My trading strategy: profit is not based on USD
« Reply #29 on: April 12, 2022, 03:38:13 PM »
I think I agree trading based on USD, It's easier to calculate the loss and profit.
I agree with this opinion.
Although many traders have trading pairs on top coins such as BTC, ETH, BNB.
It's also not bad.
They can gain double profit when market pump.
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