Reason Why You Are Always Late To Bitcoin Party!
No matter how hard you try, how advanced indicators you use, you are always one step behind right? Well, i might have some explanation and a solution for you plebs.
Vast majority of the market trades Bitcoin with USDT, but did you know stable coins have been added to crypto space long after crypto pairs? That said stable coins made it 'easier' for plebs like us the trade coins. They are meant to bring us, "the dumb money" in to crypto game and to be honest, this strategy really worked. It brought millions of new bees in to the market, just to be ripped off!
Let me tell you the truth, if you trade Bitcoin against a fiat currency, chances are you won't succeed in trading. The only way you can make money with fiat pairs is to HODL. You are less likely to success if you try trading it and there is a reason for that.
Price effect on crypto's are reflected to fiat currencies AFTER their crypto pairs. That means whatever happens, happen at the crypto pairs first and then fiat pairs are priced. Want proof?
Look at Ethereum/ Bitcoin pair at 8 May @16:00 when Ethereum started outperforming Bitcoin and Bitcoin was flat against USDt. It took 3 hours for the fiat pair of Bitcoin to start falling! while some whales were exchanging their Bitcoins for Etherium, you were hoping for a breakout which turned out to be the exact opposite! Imagine what you could have done if you knew what's going to happen in 3 hours, that's how whales fool you!
This is why you will never be able to trade Bitcoin in fiat pairs successfully!
Try trading Bitcoin with ethereum, bnb or dogecoin and see it yourself!
Lessons learned: Always trade Bitcoin with crypto pairs in a bull market!
Vast majority of the market trades Bitcoin with USDT, but did you know stable coins have been added to crypto space long after crypto pairs? That said stable coins made it 'easier' for plebs like us the trade coins. They are meant to bring us, "the dumb money" in to crypto game and to be honest, this strategy really worked. It brought millions of new bees in to the market, just to be ripped off!
Let me tell you the truth, if you trade Bitcoin against a fiat currency, chances are you won't succeed in trading. The only way you can make money with fiat pairs is to HODL. You are less likely to success if you try trading it and there is a reason for that.
Price effect on crypto's are reflected to fiat currencies AFTER their crypto pairs. That means whatever happens, happen at the crypto pairs first and then fiat pairs are priced. Want proof?
Look at Ethereum/ Bitcoin pair at 8 May @16:00 when Ethereum started outperforming Bitcoin and Bitcoin was flat against USDt. It took 3 hours for the fiat pair of Bitcoin to start falling! while some whales were exchanging their Bitcoins for Etherium, you were hoping for a breakout which turned out to be the exact opposite! Imagine what you could have done if you knew what's going to happen in 3 hours, that's how whales fool you!
This is why you will never be able to trade Bitcoin in fiat pairs successfully!
Try trading Bitcoin with ethereum, bnb or dogecoin and see it yourself!
Lessons learned: Always trade Bitcoin with crypto pairs in a bull market!
