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Author Topic: do you sell your bitcoin or convert to usd?  (Read 2546 times)
Spartinus
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August 21, 2017, 08:32:20 PM
 #101

I convert to USD or to other cryptocurrencies usually. Mostly to USD though if I'm going in that direction.
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ckorbba
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August 21, 2017, 08:38:21 PM
 #102

do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
In fact, there are some nuances that do not wait when the price of Bitcoin rises higher. If a person has Bitcoin and other crypto currency, they are the main source of income, then bills need to be paid at a certain time and therefore Bitcoin must be sold when required. Therefore, there are certain amounts for investment or storage, and there is also a quantity for transfer to dollars.
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August 21, 2017, 11:45:59 PM
Last edit: August 23, 2017, 05:13:42 AM by bitllionaire
 #103

do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
to me i first convert bitcoin in to USD and  after that convert it in to fiat currency. in fact in my area we do not have such facilities to use bitcoin for shopping or for any other activities in our local area therefore we first convert bitcoin in to our local currency and then use it for shopping or whatever else we want to buy.
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August 22, 2017, 12:03:58 PM
 #104

do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
to me i first convert bitcoin in to USD and  after that convert it in to fiat currency.

Uhm, i don't think there's a difference when you convert btc to usd then convert to fiat. Usd is the main fiat currency so how do you suppose to do that. Converting to usd and selling is pretty much the same thing

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GrayFullbuster
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August 22, 2017, 12:33:49 PM
 #105

do you sell your bitcoin or convert to usd?
No I don't. I saving all the bitcoin that I earned because I believe it will become valuable. I think I will sell it 5 years from now because I prefer long term investment. I can say that long term investment is really effective.

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Afnan_faizah
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August 22, 2017, 12:50:57 PM
 #106

do you sell your bitcoin or convert to usd?
I trade it with fiat and alternative coin, which I feel I can get profit that is my choice.

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futile-resistance
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August 24, 2017, 10:44:35 AM
 #107

I don't sell or convert my bitcoin because I want to hold it for years because I know the price of bitcoin will be more than of what value it has right now. I don't want to settle for less I am aiming for big return from my investment.
That’s cool! I guess you know about the real powers of bitcoins very well. Bitcoins should be treated as an asset than as a currency to enjoy huge profits. Bitcoins are definitely going to increase manifolds in price in the coming years. I can bet you will be among the new millionaires soon.
flower1024
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August 24, 2017, 11:57:37 AM
 #108

I don't sell or convert my bitcoin because I want to hold it for years because I know the price of bitcoin will be more than of what value it has right now. I don't want to settle for less I am aiming for big return from my investment.
That’s cool! I guess you know about the real powers of bitcoins very well. Bitcoins should be treated as an asset than as a currency to enjoy huge profits. Bitcoins are definitely going to increase manifolds in price in the coming years. I can bet you will be among the new millionaires soon.
Everyone knows this truth, and Bitcoin will rule all digital currencies in coming days. So it will never come down and keep on increasing. That is why all are holding bitcoins. Converting bitcoins to USD only when I need money. Otherwise, i will keep it in my wallet. Some coins will invest in altcoins. I am not worried about my investment bcz I know it will come back with profit in future.
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