, 9 tweets, 6 min read
$BTC vs $USD pairs

How to play?

BTC Up-Trend = Play USD Pairs

BTC Down Trend = Play BTC Pairs

BTC sideways = Play Both

BTC indecisive = Be selective & be prepared to jump either ways on short notice

This is relevant if #Bitcoin Dominance is high & rising up

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If #Bitcoin dominance is diminishing & on its way down, we can play:

$BTC Up-Trend = Up-Trending ALTs with stronger trends than BTC can offer higher profits in USD terms. You get the benefit from BTC up trend + ALTs uptrend

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If #Bitcoin dominance is diminishing

#BTC down trend = Play BTC paired ALTs with strong up-trends. This will help you to beat negative BTC returns & accumulate more #Bitcoins

#BTC sideways = Play whatever is trending

#BTC indecisive = Be prepared to jump either ways

If your only purpose is to accumulate more and more #Bitcoin than keep it simple

Keep your base currency as #Bitcoin & hold #Bitcoin during strong $BTC up-trends

Sell your $BTC only if it starts struggling against strong resistance

Trade $BTC when it stops trending

Now a lot of you may or may not agree & that is because there are some who calculates their profits in Fiat terms and some who prefers to accumulate more #Bitcoin

You have to decide what you want to achieve as your end goal

Make money in Fiat or

collecting more bitcoin /6
If your sole purpose is to collect more #Bitcoin & your base currency is always $BTC than you don’t really care much for Fiat returns

In that case you may always hold $BTC & Trade your #BTC for ALTs “only if $BTC is down trending & BTC paired ALTs are up-trending”

Thread /7
If your sole purpose is to make money in Fiat / USD terms, your life is super easy

All you care is, what is up-trending in USD terms. If #Bitcoin is up-Trending you are buying and selling $BTC

If not, wait for up-trends to develop in USD terms for any other coins

Remember an ALT May go down against #Bitcoin heavily or go sideways against $BTC but still outperform profits / returns in USD terms, purely because #Bitcoin itself is up-trending against USD

In short #BTC Up-trends = profits for USD returns seekers across the board
There is always a dilemma about when to trade ALTs & when to hold #Bitcoin it you are a $BTC maximalist

Keep it simple

Hold $BTC during strong #BTC up-trends but trade them for ALTs if you manage to identify an even stronger trend for a BTC paired ALT

Hope this helps 🙏
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