CAPT.DEADPOOL (OP)
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PHORE
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August 09, 2017, 06:02:21 AM |
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do you sell your bitcoin or convert to usd?
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Reid
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August 09, 2017, 06:05:44 AM |
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I will be a hypocrite if I say no. Of course I do. I have the panic mode also which makes me scared sometimes when the bitcoin price is dropping. I trust bitcoin but I dont trust myself and that is one hell of a problem. But I dont do it all the time. There are circumstances that I will just close my eyes and leave it. Bet that it will come up again and maybe buy some more. There are also things that I buy which cannot be bought using bitcoin so I need to withdraw it.
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Sled
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August 09, 2017, 10:30:47 AM |
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I don't sell my bitcoin permanently, i do trade them in an exchange and i always try to play with the volatility of bitcoin and i just continue doing it until now and i don't sell bitcoin if i don't really need the money. I just sell bitcoins when my savings in my bank account goes too low so i can add some funds in my savings for future expenses.
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Bellator
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August 09, 2017, 11:43:20 AM |
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I don't sell my bitcoin permanently, i do trade them in an exchange and i always try to play with the volatility of bitcoin and i just continue doing it until now and i don't sell bitcoin if i don't really need the money. I just sell bitcoins when my savings in my bank account goes too low so i can add some funds in my savings for future expenses.
That's right selling bitcoin all the time reduces the allowance to increase because as we all know it fluctuates most of the time or it changes the rate. That's really nice idea of yours. That's one of my plan, to add up my funds because it's been awhile since I stop depositing some amount of my account. I believe that saving money is the best way to set goals for the future needs. So I hope it will pump more so that I can start a business that is all about bitcoin. I can also help other people about this who also try to live normally they can for survival.
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Yuhee
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August 09, 2017, 11:55:07 AM |
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I don't sell my bitcoin permanently, i do trade them in an exchange and i always try to play with the volatility of bitcoin and i just continue doing it until now and i don't sell bitcoin if i don't really need the money. I just sell bitcoins when my savings in my bank account goes too low so i can add some funds in my savings for future expenses.
That's right selling bitcoin all the time reduces the allowance to increase because as we all know it fluctuates most of the time or it changes the rate. That's really nice idea of yours. That's one of my plan, to add up my funds because it's been awhile since I stop depositing some amount of my account. I believe that saving money is the best way to set goals for the future needs. So I hope it will pump more so that I can start a business that is all about bitcoin. I can also help other people about this who also try to live normally they can for survival. Well the same for me also but btc is my main currency any altcoin i traded always comes back to btc if im going to withdraw it. I dont think my country still has a direct withdrawing site from usd but it supports btc to peso. sometimes also get bored playing around an exchange site so i would just leave it there in the market until the price reaches my bid. I hope bittrex could also support BCC trades to any other altcoins. Maybe a lot would also invest in bcc by then.
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qrhyxelle
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August 09, 2017, 11:57:19 AM |
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Im not selling btc Im just holding them safe on my personal wallet but when there are times I need cold cash amd decide to take from my btc I am converting it directly since my wallet have that feature.
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Kemarit
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August 09, 2017, 12:20:40 PM |
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do you sell your bitcoin or convert to usd?
If I have a few dust about of bitcoin in my wallet and I'm seeing the price going down, then I convert my bitcoin to my currency and If I'm seeing the price going up then I convert it back to bitcoin. But for my other wallets that have a bigger amount, I don't convert it but instead just hold on it and I'm not worried if the price is going down. I'm in for the long haul and I would rather hold on my bitcoin instead of panic sell it. Im not selling btc Im just holding them safe on my personal wallet but when there are times I need cold cash amd decide to take from my btc I am converting it directly since my wallet have that feature.
Initially, I was doing this quite often because I needed cold cash for my offline business. But now since my offline business is doing great, I'm no longer converting my bitcoin but instead just continue to hold. I just convert dust amounts, coming from my gambling activity. But my main wallet, I don't touch it very often, unless I needed money for emergency.
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Taki
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August 09, 2017, 12:41:35 PM |
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I think the word "sell" means to convert bitcoin into some kind of fiat already. I sell my bitcoins weekly no matter about the price. Move everything in RUB (Russian currency) and send to my debit card. That's how I live ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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jerowacik
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August 09, 2017, 01:00:26 PM |
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Im not selling btc Im just holding them safe on my personal wallet but when there are times I need cold cash amd decide to take from my btc I am converting it directly since my wallet have that feature.
Yes holding can make us a good profit, because the price of bitcoin is currently increasing. Selling it part is also an option, but we must keep some of the bitcoin we have. Believe that bitcoin prices will go crazier than it is today. Bitcoin has passed 3500USD and will continue to grow every time. Here's a chance to earn more money.
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JPMoron
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August 09, 2017, 01:01:18 PM |
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I ll give you honest answer:
I got BTC and BCH, I calculare at some point to keep BTC a bit more and I decided to sell part of it to usd, it is uncertain world,.... stand by some money to catch if BTC and Altcoin fall!
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mstfprcn
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August 09, 2017, 01:05:08 PM |
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converted all bitcoins to waves and now i am drinking my whisky with my cuban ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Considered
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August 09, 2017, 01:15:52 PM |
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I always convert my bitcoin to USDollars whenever i accumulate some.
Sometimes i convert when the prices downs and ups like trading but in an exchange.
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equator
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August 09, 2017, 01:18:54 PM |
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Most of my earnings i just convert them to fiat currency and just keep some balance to play sports betting and some for long term view. As my all expenses are depended on this revenue so i have to convert them to fiat currency and fulfill my expenses.
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iram1011
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August 09, 2017, 02:06:29 PM |
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It largely depends upon my need. I prefer to keep my money invested in Bitcoin until I need them. Bitcoin is the best investment in terms of ROI and risk and hence the best way to grow your money.
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geniabelty
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August 09, 2017, 03:56:25 PM |
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Well it will depends on the situation. If there's a case of emergency or I really need a money, I would probably sell my Bitcoin. But if its just an ordinary day, then I would probably hold and/or invest it. Though at some point to since this industry is unstable, there would be an instances that I would probably be forced to panic sell my bitcoins. To minimize further loses.
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btc-facebook
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August 09, 2017, 04:32:20 PM |
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I'm invest bitcoin every month from my salary and spend about 10% Ofcourse when bitcoin reach my expectation, I'm convert into my currency so I can keep rotating my money for better profit And some other also kept on usd since my currency still weak against usd
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holepauvre
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August 09, 2017, 10:33:23 PM |
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When you convert your btc into your currency, do you leave money in your exchange ?
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weblouartisan
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August 09, 2017, 10:37:45 PM |
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At first i always convert it to usd. Then the bitcoin mining turns into mainstream, so i study how the hardware works and i find out that i can earn more coins from it, So i invest some of my money on building the mining rig. Now im earning bitcoins passively through it and im selling some of my excess coins and trading sometimes.
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Nameless27
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August 10, 2017, 03:06:59 AM |
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I don't sell my bitcoin and didn't convert to usd, because I'm converting it to my local currency and cash out it to buy my everyday needs. I think I need to try to convert it in usd next time maybe I can gained much profit with that.
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Bagaji
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August 10, 2017, 03:26:52 AM |
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Well for now I have no plan to sell any of my bitcoin or convert it to fait currency. Almost 90% or thereabouts of my bitcoin are reinvested into bitcoin and altcoin investment opportunity so that at the end i Will make more profits from my investment. While I hold the remaining 10% in bitcoin value.
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