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Author Topic: sell bitcoin to buy fiat or altcoin?  (Read 15826 times)
cryptofirm
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August 02, 2018, 03:33:46 AM
 #121

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?

when you got enough profit, i think its better to buy altcoins with your bitcoin
but, remember buy only the best and the right altcoins my friend
so, you can double your bitcoin, then if the price of bitcoin rising you will get anothers profit

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arumslee
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August 02, 2018, 04:44:29 AM
 #122

Even though crypto can be really volatile, the value has risen over time. is There are pros and cons, but I think a better idea would be to invest in a cryptoinvestment fund which allows passive investments with good returns, and you don't have to become an expert on ICO's or altcoins.
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August 02, 2018, 07:22:28 AM
 #123

If you decide not to hold the BTC and sell to invest in other areas should choose to convert to fiat. That is the best and safest way for you, can not choose atlcoin because altcoin is now quite risky.

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JofryTheKing
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August 02, 2018, 07:38:17 AM
 #124

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
Bitcoin is the top of the crypto-currency world and if it turns out with it to multiply the profit, then I would undoubtedly bring it to the Fiat. And the altcoins are interesting with their technologies and novelty and the number of them for the selection is simply off scale, the good that a hundred of them are reliable.

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August 02, 2018, 09:20:33 AM
 #125

The fiat value of bitcoin doesn't really matter when trading alts in the current market. Always comparing vs fiat was one of the mistakes I made when first getting into this. Trade alts to increase your bitcoin holdings, because bitcoin will always, eventually, return to its ATH (if not higher) if you can wait a few weeks, or months at most. So you can use bitcoin's ATH to calculate the medium-term value of your holdings when you need an emotional boost.
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August 02, 2018, 09:44:25 PM
 #126

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?


Ripple!  Grin Grin Grin
But seriously, there is no trust in any altcoin now. There will be no such huge growth as ETH or NEO had. Too many projects, which nobody wants. Everyone wants to get X, the idea of the project does't care
I will fix fiat or stablecoin
What it happens is that there was something similar to a gold rush some years ago when it came to icos and altcoins but now people seem to be waking up from that because the outcomes are not that much different from the Californian gold rush in which for every person that became rich there were another ten that lost everything, so people are losing their faith in altcoins.

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JCLee
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August 02, 2018, 11:15:45 PM
 #127

If you sell Bitcoin at this time, I recommend you exchange USDT or fiat currency for preserving the money you have at the current rate of decline. If you want to invest in altcoins, then you should monitor the exchange rate of the altcoin and investment when the exchange rate hit bottom.

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August 03, 2018, 01:11:45 AM
 #128

If you decide not to hold the BTC and sell to invest in other areas should choose to convert to fiat. That is the best and safest way for you, can not choose atlcoin because altcoin is now quite risky.
Do investing altcoins is risky but there is a huge chances to gain more than of just having a simply converted into fiat money. We won't grow old and experience more in here if are just controlled by our emotions. Of course, we feel worries and we must have to conquer it for us to survive.
South Park
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August 04, 2018, 05:51:07 PM
 #129

When you have made some reasonable cash on an investment, i normally convert to USD , then wait for price to dip before buying again.It helps me avoid buying buy at the peak
Unless you have some knowledge about technical analysis it is going to be impossible for you to follow that strategy and the problem is that in many altcoins you cannot apply technical analysis since its market cap is very low, this is a known limitation of technical analysis and it has been discussed in books, articles and videos all over the Internet.

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August 04, 2018, 09:55:40 PM
 #130

The money should be to keep on 4 forms : fiat , bitcoin, altcoin, ethereum. The variant using at the specific moment for currency its depends on situation
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August 05, 2018, 09:43:50 AM
 #131

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
I never have thought to convert my cryptocurrency into fiat money. I will keep cryptocurrency for long time. And recently my favorite trading coin is ETH because it costs only $400
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August 05, 2018, 10:46:03 AM
 #132

In current situation I think it iOS better to sell Bitcoins via fiat money. Because all even big altcoins as Ethereum, Dash, Bitcoin cash, IOTA are falling as a shit. Now I prefer to fix profit only in fiat money.
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August 05, 2018, 10:51:50 AM
 #133

don't buy altcoin except top 10 cmc now. it's very risky bro
i even loss more than 90% after buying an altcoin Sad you're better to keep your fiat or bitcoin

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August 05, 2018, 01:04:22 PM
 #134

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
Now I think that btc is the only right choice for investment and holding. I won't sell them or buy altcoins, I will buy more btc if it will go lower.
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August 05, 2018, 08:19:28 PM
 #135

I firmly believe that it is better to sell altcoins and buy bitcoin, because bitcoin is the king of cryptocurrency and has survived despite all challenges since 2009, while many altcoins exist only for a year or less, and I am not sure in their future.
Also there are very few growing altcoins now and they all will grow only with the growing price of bitcoin
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August 05, 2018, 08:31:59 PM
 #136

Now I think opposite situation it's better to sell altcoins and buy bitcoin, its similar  situation to what was before winter run

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August 05, 2018, 09:41:10 PM
 #137

in some cases it is reasonable to sell bitcoin and invest in altcoin, but not always. We know many cases when bitcoin went up, and all other coins went down. One way or another, the bitcoin is the father of the entire crypto-currency world and must be reckoned with. Therefore, the choice is yours. But know here there is no predetermined correct solution
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August 05, 2018, 09:55:40 PM
 #138

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?


If bitcoin goies into soar in the coinmarketcap i sell it into fiat because need it to buy things to survive my daily needs and others part i invest to altcois and if the altcoins goes soar in the market i will sell it agin converting into bitcoin that's called trading strategy. Buy low sell high.

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August 05, 2018, 10:31:30 PM
 #139

We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin?
I'll sell it for fiat so I can decide if I just want to keep the cash for anything that I want/need or I can re-invest to any altcoin that I prefer.
If you buy altcoin, what is the altcoin that you will buy?
Mostly Ethereum, Litecoin and other well known coins.

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August 06, 2018, 01:58:41 AM
 #140

I haven't sold my bitcoin in a while but I used to sell it to buy fiat or altcoins. I have purchased plenty of different altcoins (IOTA, ZRX, Waves, ETN etc.) with it. However I am not planning to buy a new altcoin in near future. I will most likely just trade my bitcoin to fiat when the price is high and buy it back at lower price.

Buying and selling is a trader's kind of play, it defeats boredom specially when you are hodling long enough. It builds skill and widen knowledge on crypto.
I see you got wise planning. That's smart.
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