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Author Topic: do you sell your bitcoin or convert to usd?  (Read 2717 times)
v0rtecxz
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August 12, 2017, 04:24:37 AM
 #61

For the time being I still keep my bitcoin, I will keep it for me when there is an urgent need or when my savings account is little, I might sell some of the bitcoin I have for that reason, Bitcoin I am in the price that is currently arguably on the rise I am selling my bitcoin when the price is now rising then I hold the money and I buy bitcoin when the price is decreasing, I do to add the bitcoin I have today
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August 12, 2017, 04:27:55 AM
 #62

Depending on a certain person if he would decide to hold up their bitcoin for longer times before converting it to USD. Because people will really do make conversions when they do need of money or decided to bought another altcoin in the market and yes its possible because people do really love to diversify things.Just like on what im doing,i do spend some of the percentage of my bitcoin holding into another coin which on the way of diversifying it.

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August 12, 2017, 04:30:49 AM
 #63

Not everytime but I do sell my Bitcoin holdings because I can not spend my Bitcoins directly. I generally try to spend as much as 50% of my new holdings but sadly there is not even a single merchant in my city who is accepting Bitcoins directly against his goods and services so converting it in fiat is the only option which I try to avoid. I am sure in next 10 years we will be able to use Bitcoins for the offline transactions without the need to convert it to fiat currencies.
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August 12, 2017, 05:22:58 AM
 #64

do you sell your bitcoin or convert to usd?
Of course I sell my bitcoin, then when it is done it will automatically converted into our currency here.
But if bitcoin is in the midst of price cheap value, well I hold and keep it until it go back to a higher price value or more.
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August 12, 2017, 05:56:31 AM
 #65

do you sell your bitcoin or convert to usd?

Sell bitcoin for (altcoins or what)??
Convert bitcoin to USD consider as sell bitcoin as well.
For me, depend on my financial condition, if there's no any cash to cover my daily expenses, then there's no choice but to sell bitcoin.
But never sell big amount of my savings, only small amount as backup funds just in case.
And, there's another factor that may influence my decision, such as current bitcoin price seems so tempting to extract profits,. wait for it decline and then buy back again.
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August 12, 2017, 06:09:45 AM
 #66

do you sell your bitcoin or convert to usd?

If we are going to sell our bitcoins it will be converted automatically into the value of USD. But here in my country the exchanges are depending to USD's current value but they are paying us when we sell it with our very own local money. I can still see that they are depending with the market's USD value.

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August 17, 2017, 08:55:40 AM
 #67

I do that only in the situations of extreme necessity. In other cases I keep most of funds in Bitcoin. And, for now, this strategy proved to be right for me.
Question123
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August 17, 2017, 09:34:16 AM
 #68

As of now I will hold my bitcoin until Im satisfy to the price because theprice of bitcoin todayis already 4400 dollars and I will sell my bitcoin if the price reach 5000 dollars but not all my bitcoin . And the next set I sell my bitcoin is to the price of 10,000 dollars and for sure we can make a lot of profit if this happen. Many people for sure convert their bitcoin to the Money because they can earn a lot of money if they sell that but for me its better to hold .
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August 17, 2017, 05:02:29 PM
 #69

Depending on the time and my needs. Usually I will work and earn Bitcoin for about a month or more, then if necessary I will use it, otherwise I will save it in an offline wallet waiting for the price to rise and I could be more profitable. I usually sell Bitcoin and convert to my home currency for use depending on demand. I sometimes change Bitcoin to USD to buy some of the items I like on the online shopping sites.
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August 17, 2017, 05:39:41 PM
 #70

my opinion is no needs to convert usd.becouse bitcoin growing chart is incredible, every time bitcoin pump.
peoples are waiting for 1 BTC=10k$,so its better time to hold bitcoin.

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August 17, 2017, 05:53:50 PM
 #71

As of now I will hold my bitcoin until Im satisfy to the price because theprice of bitcoin todayis already 4400 dollars and I will sell my bitcoin if the price reach 5000 dollars but not all my bitcoin . And the next set I sell my bitcoin is to the price of 10,000 dollars and for sure we can make a lot of profit if this happen. Many people for sure convert their bitcoin to the Money because they can earn a lot of money if they sell that but for me its better to hold .

Ya me too buddy. Many had a wish to satisfy.One want to buy a phone. One may want to brought a bike. So like this all will have a desire.So all will hold their bitcoin to satisfy their dream.like them I am also waiting for to brought a IPhone 7s.I think it will be soon possible with the help of bitcoin.
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August 17, 2017, 06:03:39 PM
 #72

me play poker with bitcoin and sometime i sell for used when i need money for my life

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August 18, 2017, 12:48:30 AM
 #73

i do sell most of the time...i have my limit and i also base on my mode and gut at the time the bit coin raising and falling
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August 18, 2017, 01:29:33 AM
 #74

I'm converting it to USD because that way, I could earn a lof of profits than selling it on peer to peer. You could only earn profits on selling your bitcoin peer to peer, but only a little, while if you are going to hold it in your wallet, you could earn profits in the long run, and it is bigger than you could ever expected.
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August 19, 2017, 04:20:03 AM
 #75

Depending on the time and my needs. Usually I will work and earn Bitcoin for about a month or more, then if necessary I will use it, otherwise I will save it in an offline wallet waiting for the price to rise and I could be more profitable. I usually sell Bitcoin and convert to my home currency for use depending on demand. I sometimes change Bitcoin to USD to buy some of the items I like on the online shopping sites.
That’s wise if you don’t waste your bitcoins and cash them out only when you need some money urgently. I will suggest keeping bitcoins in offline wallets until and unless the prices don’t touch your expected value and then cash them out. Earning bitcoins is not easy at all.
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August 20, 2017, 02:23:33 AM
 #76

do you sell your bitcoin or convert to usd?

Yes I sell bitcoin and do BCH buy now, already from last week I sell bitcoin to trade BCH
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August 20, 2017, 02:44:18 AM
 #77

do you sell your bitcoin or convert to usd?
No. I hold it until the right time to sell it. I know it is good for me to become rich. I can considered it as a long term investment. I have a lot of patience because I have a motivation and a dream to become a successful person.
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August 20, 2017, 03:56:31 AM
 #78

Depending on the time and my needs. Usually I will work and earn Bitcoin for about a month or more, then if necessary I will use it, otherwise I will save it in an offline wallet waiting for the price to rise and I could be more profitable. I usually sell Bitcoin and convert to my home currency for use depending on demand. I sometimes change Bitcoin to USD to buy some of the items I like on the online shopping sites.
That’s wise if you don’t waste your bitcoins and cash them out only when you need some money urgently. I will suggest keeping bitcoins in offline wallets until and unless the prices don’t touch your expected value and then cash them out. Earning bitcoins is not easy at all.

That is wise because the Bitcoin potential is big on long term. But some people aren't using Bitcoin as a future asset, they are using it to supply them on thei daily life, so they are constantly exchaging Bitcoins into fiat and in some cases vice-versa. It's good to put some fiat into Crypto-Currency world and cashout after a while enjoying a nice percentage profit over the initial investment, very helpful in our financial life.

 
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August 20, 2017, 04:07:17 AM
 #79

Well, yes. Everyone does sell their Bitcoins when they needed money otherwise there is no reason to sell as everyone know that the price of BTC is still undervalued. The only people who sell Bitcoins without reason is panic sellers.

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August 20, 2017, 05:49:45 AM
 #80

It is depend upon the situation, if you badly needed a money then you have to sell it and convert it to fiat..But when you are worried if the price or value of the bitcoin will going down so sell it and convert it.. But i think you have to invest it because  everyday the value of bitcoin increasing.
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