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Should You Trade Crypto Coins Against Bitcoin Value or USD Value?

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Link to join Blockchain Education: http://pxlme.me/MtIHH9eo [The GUARANTEED best trading group & crypto education program out there today] Follow me on Twitter for daily crypto updates: https://twitter.com/OracleOfCrypto My personal choice for Charting/Technical Analysis Software: http://tradingview.go2cloud.org/SH1Gq SAFE Binance Exchange Link [Best New Crypto Exchange]: https://www.binance.com/?ref=10119981 The Mic I use to record my videos: http://amzn.to/2hmHuB3 My FAVORITE investment book: http://amzn.to/2ADR7DI Ledger Nano S (where I store my BTC): http://amzn.to/2hwaoCn Trezor Wallet (my first BTC backup): http://amzn.to/2hu5Bl7 My preferred website hosting service [$4/month]: http://bluehost.com/track/cryptooracle *Crypto Oracle is not a licensed crypto financial advisor. The information presented in this video is an opinion, and is not purported to be fact. Bitcoin is a volatile instrument and can move quickly in any direction. Crypto Oracle is not responsible for any trading loss incurred by following this advice
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Text Comments (50)
Данил Зенков (2 months ago)
Hmm..Really, an interesting topic, I agree, but I would also mention a GPT token from the TokenGo project. Very interesting token!) https://tokengoplatform.com
Zambino (4 months ago)
I still can't get past this. Wouldn't it be more proper to say, "trading WITH bitcoin," not against?
Austin Yaldo (5 months ago)
Hey I am struggling with this topic as well and I would love for someone to help me figure this out by using an example: Let's say that on August 16, 2017, I purchased one NEO/BTC on Bittrex when it was trading at $47.50/.011 BTC. And I decide to close my trade today when NEO/BTC is trading at $141/.0099 BTC. Did I make over 100 dollars?? Or did I actually lose money because of the BTC value? Thanks for reading
Max daytrader (5 months ago)
nice vid seems like u prefer bitcoin vs etherium or investing in bitcoin vs eth. Why is that?
Eric Torr-Klopper (5 months ago)
There is the other aspect of this, those people who are starting out in Cryptocurrency, not necessarily in the USA, and with a smaller starting budget. This means that the high network rates for Bitcoin eats large amounts of their funds. If you are trading $100 worth of crypto into Bitcoin, you can loose a significant amount of money on the trade. That is why my store of value at the moment is Ethereum.
Angus Mok (5 months ago)
Great explanation, thanks
betty benasi (5 months ago)
Telling wrong! Trade against btc shortterm. Long, Go with USD.
Anthony Ketter (5 months ago)
Hi, I'm getting into crypto trading and I love the content you've been creating. You may notice that some of your followers are outside of the U.S. Can you help us better understand how to trade on U.S. exchanges like Bittrex & Binance and the best way to convert crypto into fiat. Cheers
dennis somers (5 months ago)
What do you think of CarTaxi Token (CTX)???
Maarten Mobron (5 months ago)
i want to buy a coin or tokken but what is a good one please help me
Isaac Kendall (4 months ago)
Maarten Mobron have you bought now?
Landon Wilson (5 months ago)
I no longer consider Ethereum an alt coin. In the world of applications and contracts, Ethereum is bitcoin. If bitcoin is gold and "the storer of value" Ethereum is the "gold backed" currency, banking system, etc. Bitcoin is the money, and Ethereum is the flow of money. I would even go as far as to say that Ethereum is the "stock market" and Bitcoin is the method of investing in ideas being traded on the Ethereum market. The lines are quite blurry, but like I said, Ethereum isn't an alt. It is a medium through which alts come to market and are purchased with either bitcoin or the bitcoin back currency ether.
Landon Wilson (5 months ago)
I trade against Ethereum.
Joop Zoetemelk (5 months ago)
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Crypto Pumping Profit (5 months ago)
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bitcoinnews (5 months ago)
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Sesamestreet9080 (5 months ago)
I trade against eth
Samuel Mwaniki (5 months ago)
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Joshuamiika (5 months ago)
What are your thoughts on MakerDAO and their DAI token? They're attempting to create a USDT alternative that's decentralized and collateral-based.
Walter Amantéa (5 months ago)
People, take a look NOW: Upfiring (UFR) - It’s a new coin (it’s not too late to invest) - Low circulation supply and low price - It’s in pre-hype stage - White paper very comprehensive - The most important: has a real value
Steve K. (5 months ago)
Example: Bought XRP with ETH (0,0014 ETH, 0,98 $). XRP at 0,0028 ETH, 2 $ now. What does the rise in XRP/ETH tell me about my investment success? Isn't it only high, because ETH went low at that time? When is the best time to turn your Altcoins into $ or €?? When BTC or ETH are up or down? Sorry for my newbie question.
Tabby Sanjideh (5 months ago)
THE Blockchain Education Training Videos are not even UP YET? What the heck man! I just bought this for what? Nothing is up. Chat won't open, training videos are not up and say "coming soon," no ICO updates, no nothing. What the heck! No TA analysis is up. Is this a joke?
Josue D (5 months ago)
There are videos avaliable. The chat platform went down for a bit as it was being revamped to handle to sudden influx of new members. By now it should be back up. Unfortunately, as block chain education is still new its a bit rough around the edges. However, things are getting better daily, I've joined earlier this month and I've seen improvements. Even in its current state there is great value in the program. But I admit you have to be proactive to glean all of it, as in its current state its not 100% refined yet. I'd recommend looking at the available videos such as "when to exit a call" and all of the current technical analysis videos that are available, plenty to be learned. It's a great program, I've learned a lot (and made so much profit) I have no regrets joining even though I'm a broke college student haha.
Tabby Sanjideh (5 months ago)
But it wasn't before? I am a bit confused. Literally, nothing is working. I got this just for the training video and chat room/calls and learning. When will the training videos go up? Do you know... I am a bit frustrated.
Michael Waz (5 months ago)
Looks like the platform is down
RJElite (5 months ago)
bro switch back to the brown hair, blonde aint workin
Callum Parker (5 months ago)
Another great video!! :D Quick question, have you seen MTH?, I think it's going to be HUGE! I've just come across it... the white paper is amazing
Chris Haan (5 months ago)
If we get another sustained bear market in btc like in 2014 2015, trading alts vs btc would fail. You could still make money in alts vs usd or usdt, or shorting btc....
Chris Haan (5 months ago)
So if you see a price to buy an alt vs bitcoin and you begin to get the profit towards your price point, do you change your mind if btc begins to go way down in thus counterfeiting your gain in profit by buying and selling the altcoin with a good gain? How often has your profit on good gains of alts been wiped out by a falling btc price? Adds a lot of complication
Chris Rickwood (5 months ago)
An excellent video..well done! Its not an easy thing to explain.
SebastianAsian (5 months ago)
I hate when people say 'I bought it at xxx satoshi' what the heck does that mean? Bitcoin has been stagnant these days. Bitcoin price falls and altcoin you wanted to buy stays the same. Now it will have lower satoshi value. Does that mean you got a good deal??
Phat Robs Oils (5 months ago)
Satoshi is like Cents of Bitcoin, It just fictionalizes it.
YouSayYouWantA (5 months ago)
Yes, if you believe BTC will be worth more in the future. You want more of it.
Andreas Charalambous (5 months ago)
@cryptoOracal On a profitable alt coin (lets say you purchased 1000) , how many you will sell to take profits and how many you will keep? Thanks , anyone can help will be really appreciated.
stevenw373 (5 months ago)
Eminem with facial hair and a crypto channel lol
Scott Jacoby (5 months ago)
What happened to the "Aeeee Ohhh" greeting?.  I miss it and it doesn't feel the same without it.  PLEASE don't loose your signature greeting!
John Balder (5 months ago)
Im having my birthday today ETH 0x6a7cb8d49109ed7abf4fafa80c6c27efa20e918c
Money Guru (5 months ago)
I make 1000$ every fucking day bro
LookForwardd (5 months ago)
What are your thoughts on ETC? Looks like a steal under 50 dollars.
Nikolai (5 months ago)
what about trading against ETH since that's what most people use for transfers and whatnot? I feel like it really is starting to replace BTC as the store of value, at least in terms of alt coin traders
TRESSIE's Muse (5 months ago)
Thanks 4 This Helpful !!
Michiel Kool (5 months ago)
blonde.. Lost a bet? ;) Great vids man, keep it up!! thank you so much :)
Osama Al Zoubi (5 months ago)
thanks, prefer to invest in ATS (Authorship) , this i believe going 20x soon because of: 1- they have working product 2- low cap (only 4M) - low circulating 80M, great team.. more also DNA and SPHTX
yeah yeah (5 months ago)
Please answer my question of the last vid :(
caveymoley (5 months ago)
"I bought at 700 and now its 1200 and I'm like wow i made 200 dollars..." Is there anything you might like to buy off ME? 0_0
GjoniStar (5 months ago)
iota
caveymoley (5 months ago)
;)
avolox2 (5 months ago)
Quick maffs xD
Keks Törtchen (5 months ago)
Take a look at Cobinhood it is a decentralised exchange platform that is already running with: - decentralised - no Trading Fees - great interface - 1,000,000+ orders per second - Coldstorage Wallets (=Offline Wallets) https://cobinhood.com/home
Rocket Lanser (5 months ago)
Happy about every video you post, keep doing :)
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NoJackAway (5 months ago)
YOUR HAIR IS YUMMY
NoJackAway (5 months ago)
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