RE: FREE Technical Analysis of your Cryptos! By a 15+ year veteran of Elliott Wave Counting & Chart Pattern Recognition!!!

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FREE Technical Analysis of your Cryptos! By a 15+ year veteran of Elliott Wave Counting & Chart Pattern Recognition!!!

in bitcoin •  7 years ago 

Good afternoon Haejin. Thank you so much for putting in time during your busy schedule to help all of us with your TA. I did have one question I've been curious about. Is there a reason you do TA compared to USD and not btc?

bitcoin
7 years ago by

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      ·  7 years ago 

    I trade to USD. I don't think trading to BTC is the best as all alt coins move with Bitcoin.

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        ·  7 years ago 

      hmm.. how do you trade to usd if most alts are are on btc? is there something im missing?

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          ·  7 years ago 

        usd or usdt. If not available, trade to btc and translate to usd. It normalizes.

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          2 votes
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            ·  7 years ago 

          Gotcha.. Thank you!
          im in verge a decent amount and i was trying to study the charts and got lost with usd and btc comparison on pricing.

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              ·  7 years ago 

            Just to make sure I understand fully, When you say you trade to USD, you're saying once a trade is done on for example Bitshares, you convert the btc to USD right away right? Because bitshares is only paired with BTC... that I know of.

            Thanks again, sorry for the redundancy

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                ·  7 years ago 

              I can sell BTS for bitUSD which has 200% collateral. It's similar to USDT but better. This would be on Bitshares exchange.

              On poloniex, yes, paired only to BTC.

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                  ·  7 years ago (edited)

                I checked the volume of bitUSD/BTS pair on Bitshares decentralised exchange and this place is dead. Is there any other place you can convert BTS to bitUSD?

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