RE: We have a NEW Crypto Market Scanner!!! also an update on todays Bitcoin Fork trading

You are viewing a single comment's thread from:

We have a NEW Crypto Market Scanner!!! also an update on todays Bitcoin Fork trading

in trading •  7 years ago 

can ask a stupid question? ok here goes - when trading say on bittrex (example market that I see Luc alot ) using say EOS/BTC and lets say EOS goes way up against bitcoin, but overall bitcoin is way down compared to USD - what's the point? should one always trade against a more stable currency?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

If you try to figure out how the value of one coin effects the pair, you will drive yourself mad.. What about the fluctuations in USD.. if BTC goes up, could it be being influenced because USD is going down? and now your thinking about forex calculations.. its never ending.. heres the thing, if you read the chart of the pair you are about to trade, and every trade you would have taken in the past would have worked out for you, then you will know your odds of success, and thats really as complicated as it needs to get..