Folks,
I have always traded in the USDT pairs.. Well I have learned many lessons lately and 1 of them is to gain more bitcoin while in a bull run.. Cause' it is the mother of all coins and most value.
Check.. Imagine you have 1 ETH worth of $1000.- and 1 Bitcoin is at the same time $10.000.- then ETH/BTC is 0.1 BTC
Later when the market has gone up your ETH is worth $1500.- and 1 BTC is at that time $20.000.- then ETH/BTC is 0.075BTC.
This means you are up $500.- in USD and 25% down in BTC value. But you have 0.1 BTC against the value of $20.000.-
is $2000.- instead of $1500.- that is $500.- more profit!
Never understood it so educating yourself is gold and my advice is do it..
I am quite new in this game maybe you already knew so that's good and if you don't I hope this makes it clear..
To come back to the chart..
We have seen many double bottoms before and in this short analysis it seems like a ' trustable' pattern.. So what is the probability of prices moving up ?
I have always traded in the USDT pairs.. Well I have learned many lessons lately and 1 of them is to gain more bitcoin while in a bull run.. Cause' it is the mother of all coins and most value.
Check.. Imagine you have 1 ETH worth of $1000.- and 1 Bitcoin is at the same time $10.000.- then ETH/BTC is 0.1 BTC
Later when the market has gone up your ETH is worth $1500.- and 1 BTC is at that time $20.000.- then ETH/BTC is 0.075BTC.
This means you are up $500.- in USD and 25% down in BTC value. But you have 0.1 BTC against the value of $20.000.-
is $2000.- instead of $1500.- that is $500.- more profit!
Never understood it so educating yourself is gold and my advice is do it..
I am quite new in this game maybe you already knew so that's good and if you don't I hope this makes it clear..
To come back to the chart..
We have seen many double bottoms before and in this short analysis it seems like a ' trustable' pattern.. So what is the probability of prices moving up ?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.