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Author Topic: Do you enjoy trading BTC more than other alts?  (Read 1520 times)

Offline Chilwell

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Re: Do you enjoy trading BTC more than other alts?
« Reply #45 on: April 29, 2025, 12:49:03 PM »
i would agree with him

the cryptocurrency that will be the most enjoyable is the one where you make more profit with less challenges altcoins can be tradeable but it is too volatile too unstable and like your friend said usually do not follow historical data compared to bitcoin where patterns and trends are a lot easier to spot though i am not saying it is extremely easy but it is also not totally random like how most altcoins would be

maybe because altcoins are often centralized and new to the market
As everyone knows, trading is very risky and that is the fact. But among all the cryptocurrency, I think that Bitcoin is the best cryptocurrency to trade with, I'm talking base on my preferences but I don't know for others. because people know about Bitcoin more than any other cryptocurrency and it is acceptable to a lot of people, you can find Bitcoin in a lot of places where they trade cryptocurrency. You can trade with any cryptocurrency that you feel comfortable with and you understand more. Every cryptocurrency trading is risky but they are riskier than one another.
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Re: Do you enjoy trading BTC more than other alts?
« Reply #45 on: April 29, 2025, 12:49:03 PM »

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Offline Aanuoluwatofunmi

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Re: Do you enjoy trading BTC more than other alts?
« Reply #46 on: April 29, 2025, 07:04:31 PM »
If bitcoin can be the leader of all other cryptocurrencies we have, then expect it to be the most suitable one to trade as well, trading altcoins could also be promising but we must be able to take the risk involved in them, because not all of them are best suitable for trading due to low performance and unpredictable future expectations in them, while trading bitcoin comes at all facets of playing safe without too much exposure on risk.

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Re: Do you enjoy trading BTC more than other alts?
« Reply #46 on: April 29, 2025, 07:04:31 PM »

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Re: Do you enjoy trading BTC more than other alts?
« Reply #47 on: April 29, 2025, 07:38:21 PM »
If bitcoin can be the leader of all other cryptocurrencies we have, then expect it to be the most suitable one to trade as well, trading altcoins could also be promising but we must be able to take the risk involved in them, because not all of them are best suitable for trading due to low performance and unpredictable future expectations in them, while trading bitcoin comes at all facets of playing safe without too much exposure on risk.
Bitcoin is boss of all currency. And Bitcoin is laso best for trading i strongly believe it. Because Bitcoin Fluctuation is smaller then others Altcoin. We know sometimes Many Altcoin Fluctuate huge 200% to 300% and more. But we know Bitcoin Fluctuate percentage is not like Altcoin.

So i think Bitcoin trading is safe then others Altcoin. I also believe trading is safe and profitable. So i always try to Trade on Bitcoin. It also true that if we trade on Bitcoin then losing possibility will low then others Altcoin.
« Last Edit: April 29, 2025, 07:42:02 PM by kulkhan »
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Offline rby

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Re: Do you enjoy trading BTC more than other alts?
« Reply #48 on: April 30, 2025, 02:27:15 PM »
For daily and weekly traders, Bitcoin isn't the best coin to trade and that's because of it's less volatility nature when compared to altcoins so in order to make gains, they most times do not trade Bitcoin since it's very unlikely to increase up to 30-100 in a day or in a week but for long-term investors, trading Bitcoin is very safer as theirs chances of suffering loss is very low.

For me, choosing which coin to trade is mostly influenced by the timeframe. I trade Bitcoin for long-term tradings and alt for short-term trading but because I'm more of a long-term trader, it's safe to say that I trade Bitcoin more than altcoins.
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Re: Do you enjoy trading BTC more than other alts?
« Reply #49 on: April 30, 2025, 11:37:40 PM »
If bitcoin can be the leader of all other cryptocurrencies we have, then expect it to be the most suitable one to trade as well, trading altcoins could also be promising but we must be able to take the risk involved in them, because not all of them are best suitable for trading due to low performance and unpredictable future expectations in them, while trading bitcoin comes at all facets of playing safe without too much exposure on risk.
Isn't Bitcoin the leader of all cryptocurrencies so far? It's like this, Bitcoin is the pioneer of cryptocurrency. and so far we have experienced the momentum that altcoins will follow the development and era of Bitcoin. Not the other way around. So that's probably not what it means, but once again, when people have decided to trade in crypto, then it can also be done in every era. and trust in Bitcoin is indeed not in doubt, how Bitcoin will definitely always be the best, the most advanced, and also the most crypto influencing altcoins.
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Offline bayu7adi

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Re: Do you enjoy trading BTC more than other alts?
« Reply #50 on: Today at 07:17:33 AM »
For me who is not very active in short-term trading, I think monitoring BTC price movements alone is enough to monitor altcoin price movements too.. now cryptocurrency tends to be a side job that still makes money for our economy, but we shouldn't be too hasty... because every decision related to cryptocurrency has a big impact on our economy....

In addition, when we already understand the basic concept of trading and also have good experience with Bitcoin coins, it will make it easier for us to survive in investing in cryptocurrency.. we will understand more about the crypto world which makes it easier for us, especially me, who for the past 4 years has preferred to study Bitcoin and only a few top altcoins.... I prioritize my focus on just a few coins, so that makes us more focused...especially BTC

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Re: Do you enjoy trading BTC more than other alts?
« Reply #51 on: Today at 08:32:52 AM »
For me who is not very active in short-term trading, I think monitoring BTC price movements alone is enough to monitor altcoin price movements too.. now cryptocurrency tends to be a side job that still makes money for our economy, but we shouldn't be too hasty... because every decision related to cryptocurrency has a big impact on our economy....

In addition, when we already understand the basic concept of trading and also have good experience with Bitcoin coins, it will make it easier for us to survive in investing in cryptocurrency.. we will understand more about the crypto world which makes it easier for us, especially me, who for the past 4 years has preferred to study Bitcoin and only a few top altcoins.... I prioritize my focus on just a few coins, so that makes us more focused...especially BTC
Bitcoin isn’t a bad currency pair to trade at all to me bitcoin follows and respect every movement more than some other currency pairs it respect Order block strategy, respect resistance and support level, it respect break of structure and other more.some currency pairs don’t exactly respect it and bitcoin is very suitable and enjoyable when studying or reading it candle sticks movement before entry. I really do enjoy trading bitcoin and I also know many traders and investors do enjoy it.
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Re: Do you enjoy trading BTC more than other alts?
« Reply #51 on: Today at 08:32:52 AM »


 

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