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

in #bitcoin7 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?

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

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

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

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.

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

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.

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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