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Author Topic: do you sell your bitcoin or convert to usd?  (Read 2683 times)
shine1123
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August 10, 2017, 03:29:07 AM
 #21

do you sell your bitcoin or convert to usd?

Yes i sell my bitcoin but not convert my bitcoin to usd, i convert my bitcoins into my country currency and it's not quite big though, depend on my salary. Actually i can convert my bitcoin to USD but it's no need because i don't use USD here in my country and i also hold some of bitcoin in my wallet.


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August 10, 2017, 03:44:47 AM
 #22

Right now converting Bitcoin into USD is not the right option because USD value is same from many days so it is not the right decision to convert Bitcoin into USD. So I am not converting because Bitcoin value is increasing so it is good option to hold in Bitcoins only.
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August 10, 2017, 04:30:49 AM
 #23

do you sell your bitcoin or convert to usd?

After got bitcoin, sell it and convert to usd. My goal is usd and bitcoin is only the way I choose, depend what I need of course. For me, usd is my salary job and bitcoin is a tool to get my payment. With usd I can fix my economic family and pay the bills. I'm sorry if my opinion is too simple and easy to explain. That's the fact and I enjoy it. Hope you'll find the easy way like me. Good luck.

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August 10, 2017, 04:54:56 AM
 #24

do you sell your bitcoin or convert to usd?

I think all our profit in bitcoin will be converted to money currency if we decide to cash out, but for me, for now I will invest on bitcoin I will put some of my earning on it and it will stay a bitcoin for a few years waiting that its value will go higher, and that is for sure. so invest now, Smiley

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August 10, 2017, 05:06:51 AM
 #25

I never converted my bitcoins to usd as converting it to my local currency is the best choice for me so whenever I need money I sell my bitcoins and convert it to fiat as spending bitcoins directly is still not possible in my country.
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August 10, 2017, 05:20:37 AM
 #26

do you sell your bitcoin or convert to usd?

I think its automatic. When i sell my btcs, automatically it will be converted to usd so i'm not sure there's a difference between selling and converting. Every now and then i let go of some of the btcs that i have especially if certain circumstances require it.

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August 10, 2017, 05:38:52 AM
 #27

do you sell your bitcoin or convert to usd?

I think its automatic. When i sell my btcs, automatically it will be converted to usd so i'm not sure there's a difference between selling and converting. Every now and then i let go of some of the btcs that i have especially if certain circumstances require it.
Both has got the same meaning, but what Op has thought is whether you sell and withdraw or just convert to USD and keep hold of it to buy when the price falls. As different pairs has got different growth, people prefer based on the increasing market. In such way when btc/USD pairing is used majority of the traders convert and keep hold of it.

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August 10, 2017, 06:31:52 AM
 #28

do you sell your bitcoin or convert to usd?

I think its automatic. When i sell my btcs, automatically it will be converted to usd so i'm not sure there's a difference between selling and converting. Every now and then i let go of some of the btcs that i have especially if certain circumstances require it.

What currency you convert in depends on the exchanger and the country you live in. So, not everyone sell bitcoins for US dollars unless they want dollars for some particuilar reason. If I sell my bitcoins then it's in my local currrency because in that case I need mone for something but sometimes I don't sell but just use my bitcoin debit card, that is even better.

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August 10, 2017, 06:37:58 AM
 #29

Yeah whenever I need money I sell my bitcoins and convert it to usd as that is the only option left for me to spend my bitcoins as there is no physical shop in my country that accepts bitcoin as a mode of payment so whenever price goes I higher I sell my bitcoins and convert it to usd.


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August 10, 2017, 07:18:53 AM
 #30

Of course I do convert some of my bitcoins when I need the money but most of the time I just hold them and wait for an increase on Bitcoins price then placed my hard earned savings in the bank.
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August 10, 2017, 07:44:26 AM
 #31

Yeah, of course, the current price of bitcoin increased so high and is the highest achievement in history so I sell it in part and would like to the record that I ever sell at the highest price. on the other hand, I was worried prices will fall again.

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Sled
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Bitcoin- in bullish time


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August 10, 2017, 07:51:58 AM
 #32

Yeah, of course, the current price of bitcoin increased so high and is the highest achievement in history so I sell it in part and would like to the record that I ever sell at the highest price. on the other hand, I was worried prices will fall again.
Don't feel worried for the price of bitcoin if it falls again because instead of feeling sad for the price fall, we should be happy because we can get more bitcoin for a lower or cheaper rate than now which is very awesome for traders who want to buy more and also for investors who are looking for long term investment using bitcoin.
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August 10, 2017, 08:03:40 AM
 #33

Yeah, of course, the current price of bitcoin increased so high and is the highest achievement in history so I sell it in part and would like to the record that I ever sell at the highest price. on the other hand, I was worried prices will fall again.

Even if price falls there is nothing to get worried as this is a common practice in bitcoins and even if it goes down it will recover once again in future so if there is a downfall in price we should not miss an opportunity to buy it at lower price.
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August 10, 2017, 08:13:10 AM
 #34

Yeah, of course, the current price of bitcoin increased so high and is the highest achievement in history so I sell it in part and would like to the record that I ever sell at the highest price. on the other hand, I was worried prices will fall again.
Since first time selling your bitcoin for cash is the big mistake ,
I still remember how i sell my 5 bitcoin for $300 each , imagine how value it is now ,
Yeah it should be $15,000 ! Dang! Full of regret , now i can only save a little amount ,
So don't make mistake for the second time , time to realize bitcoin always worth!
BUK2016
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August 10, 2017, 10:48:23 AM
 #35

Am pretty  new here and am yet to start earning bitcoin from signature campaign and other services here in this forum. But if I eventually make some reasonable amount of Bitcoin, i will not convert it to fait currency like dollar but reinvest it, since I still have another source of income that will take care of my financial obligations.
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August 10, 2017, 02:39:38 PM
 #36

Yes, i always exchange bitcoin at fiat every week. Withdrawing half profits from trading. That way, my bitcoin can still grow as my fiat in bank account also increases. And that's a wise way of managing my investment assets.
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August 10, 2017, 02:51:41 PM
 #37

Is it better to convert bitcoins into USDT than fiat ? (I use Kraken and Poloniex)
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August 10, 2017, 02:52:53 PM
 #38

I convert my bitcoin into goods and services.  Wink

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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August 10, 2017, 03:38:46 PM
 #39

Of course I do convert some of my bitcoins when I need the money but most of the time I just hold them and wait for an increase on Bitcoins price then placed my hard earned savings in the bank.

At present I would just keep the Btc and not convert it into USD unless it's very important . Because the prices of coins are rising day by day and if we convert it we will lose the opportunity of getting good profits in coming time .
LuanX3
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August 10, 2017, 03:52:53 PM
 #40

do you sell your bitcoin or convert to usd?

I am not sure what's the question is about. You are asking if
1. I sell my bitcoins?

or

2. I convert to usd?

Those two questions are kinda the same. So I don't know what you're asking really.

Or maybe this is just the question of "Do you sell your bitcoins for USD?" perhaps?
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