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Author Topic: sell bitcoin to buy fiat or altcoin?  (Read 15885 times)
cryptoknightt
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August 19, 2019, 11:23:09 PM
 #241

I think selling bitcoin to buy fiat with conditions like this will only make you lose, you better wait until the bitcoin price goes back up and sell the bitcoin that you have when the bitcoin price has reached a high price, if I buy altcoin I should be able to be more thorough because not all altcoin can benefit.
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August 20, 2019, 03:09:27 AM
 #242

I will not sell bitcoin just to buy altcoin, bitcoin has a very good growth compared to altcoin which is very slow movement

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August 20, 2019, 06:18:14 AM
 #243

When searching for profits in the world of cryptocurrency, you must have a surefire strategy, so you don't experience loss or regret in the future.
 With current conditions, holding bitcoin will be the right solution, because lately the price of bitcoin continues to increase and has a very good growth in the future.

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DU18
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August 20, 2019, 06:24:27 AM
 #244

It's better to save bitcoin than have to sell it and divert investments to fiat or altcoin, but if it's needed of course I will sell half of the bitcoin that I have and try to invest in altcoin like eth or bch which is altcoin better than other altcoins.

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August 20, 2019, 11:06:30 AM
 #245

First of all I won't sell off my bitcoin. Rather I am always looking forward to adding some bitcoins to my portfolios. I better know value and importance of bitcoin at this time. Bitcoin has dominated the crypto market by more than double. I would buy some altcoins namely Binance Coin, OmiseGo, tron, cardano, stellar, ripple.

Weng_saboh
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August 20, 2019, 11:14:31 AM
 #246

but we hold bitcoin and sell it in full profit, in my opinion we better take the initiative to sell and buy altcoin which is bnb because it has active development and this coin is often used for ieo programs in binance, I am sure this coin will not fall in value and is very good for future investment
leea-1334
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August 20, 2019, 01:25:19 PM
 #247

At this time it is better not to hold altcoin, because the increase in the price of bitcoin is predicted to continue.
save bitcoin better and wait for bitcoin on the moon.

Bitcoin is always the king. If you believe in crypto,,, you have to first believe in Bitcoin. That is not something to negotiate about. I do of course hold other altcoins, this is for sure, but only a few that I also believe in, and all these coins in general do not compete with Bitcoin (Litecoin, Monero for example) and in fact support Bitcoin as brothers do.

For me altcoins are a very far away gamble.

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cassavachips
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August 20, 2019, 05:42:10 PM
 #248

It is strongly recommended to store it in fiat because altcoin is the same as fluctuating bitcoin, fiat is the safest choice for securing profit funds and is always fast if needed to reinvest when prices are down.
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August 22, 2019, 08:06:20 PM
 #249

I think selling bitcoin to buy fiat with conditions like this will only make you lose, you better wait until the bitcoin price goes back up and sell the bitcoin that you have when the bitcoin price has reached a high price, if I buy altcoin I should be able to be more thorough because not all altcoin can benefit.

Everything decides for himself. I would risk selling BTC for fiat only in case when I am sure that BTC will fall soon. It will be done only to buy Bitcoin when it becomes cheaper. This cryptocurrency is the best investment as it is going to grow all the time. It is not connected with inflation (the number of Bitcoins is limited), and its price can reach hundreds of thousand dollars in the future.
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August 23, 2019, 04:48:08 AM
 #250

I will not sell bitcoin just to buy altcoin, bitcoin has a very good growth compared to altcoin which is very slow movement
But if you choose the potential Altcoin that is in top 10 in Coinmarketcap site then profit will also be easy will we get. But now it is not the right time to buy Altcoin because we can see that there are no fantastic price movements from Altcoin.
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August 23, 2019, 06:27:28 AM
 #251

I rather hold Btc than sell Btc to buy altcoin. Wrong decision with alts can rid me of my Btc holdings but staying in Btc enables me keep safe what I have in Btc.
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August 23, 2019, 07:21:10 AM
Last edit: August 23, 2019, 07:31:38 AM by qwizzie
 #252

Altcoins market dominance over time (the spikes in green indicate when the altcoins were at their max strength). This is basicly Altcoins (MACD : Green) versus Bitcoin (MACD : Red) on a longterm (1W) chart
and it clearly shows cyclical movements.


Source : tradingview.com

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August 23, 2019, 05:41:02 PM
 #253

I think that the current situation can be explained in simpler words in order to take the right actions based on the current state of the cryptocurrency market.  I would also never sell Bitcoin, or even if ETH, because these are the most promising coins, not only in the near future, but also for a longer period.  But in order to buy more profitable altcoin, you need to make an audit of your portfolio in order to sell less promising altcoins, and buy more promising in your opinion.  I think that every cryptocurrency user will make the right decision and will benefit.  In turn, I want to mention the fact that I do not use Fiat to buy cryptocurrency, and a coin like Bitcoin today can’t be categorically sold at all.
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August 23, 2019, 06:35:09 PM
 #254

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 am not going to exchange Bitcoin for any other cryptocurrency, even if the price of BTC is decreasing. BTC is the most valuable cryptocurrency and it have the highest potential among these currencies, and it is not making sense for me to sell it for an altcoin. But I do selling BTC sometimes for fiat, when I need money in real life.
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August 23, 2019, 06:58:26 PM
Last edit: January 28, 2021, 04:42:17 AM by Jonyshake71
 #255

If I've enough bitcoin, then i would decided to buy fiat as because of future safety & security. Sometimes we should have thought about our future. And If  i don't have enough bitcoin, then i don't want to sell my bitcoin.rather would like to hold tight cause thus i would be profitable.but Afterward If I've to sell bitcoin, then i would buy Top10 coin/token in CMC
nwosuchristabe2
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August 23, 2019, 07:55:22 PM
 #256

Am not in agreement with the idea of selling bitcoin for altcoin. In my opinion, bitcoin is the most practicing cryptocurrency and has a higher tendency to increase compared to several altcoin whose value is a far cry from the exchange
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August 24, 2019, 05:05:35 AM
 #257

Am not in agreement with the idea of selling bitcoin for altcoin. In my opinion, bitcoin is the most practicing cryptocurrency and has a higher tendency to increase compared to several altcoin whose value is a far cry from the exchange
when bitcoin prices skyrocket, and I have bitcoin, normally I will sell my bitcoin to Fiat. Well, that's a normal thing for people to do.
but, if I find information about the altcoin that will pump, I will change it to the altcoin form. it will be a profitable investment.

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miningguru
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August 31, 2019, 10:57:20 AM
 #258

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 think No, dont do that, because we know that Bitcoin will always be suitable as our long-term
investment asset. I personally don't really believe in altcoins, so I will still hold my bitcoins until any time.

You are doing the right job, most of the people will convert their Bitcoin to buy low valued altcoins. They are not bothering about the Bitcoin price because as long as the price of Bitcoin is increasing, altcoin prices are kept decreasing here we are absorbing reversal. So it is good to hold in Bitcoin instead of converting them to altcoins.
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August 31, 2019, 02:02:18 PM
 #259

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 think No, dont do that, because we know that Bitcoin will always be suitable as our long-term
investment asset. I personally don't really believe in altcoins, so I will still hold my bitcoins until any time.
I think you shouldn't be so conservative and think bitcoin is an age forever, this only creates disadvantages and a little regret for you because bitcoin is similar to other investments, it can go up but then it can still go down, so we need to sell bitcoin at such times to buy fiat or even buy altcoins. It is a method for us to maintain profit then increase profit again, hug bitcoin as you say and in the long run, the opportunity misses and the profits drop too obvious, an investor needs to focus on increasing their assets, instead of holding what they like.

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August 31, 2019, 04:18:35 PM
 #260

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 think No, dont do that, because we know that Bitcoin will always be suitable as our long-term
investment asset. I personally don't really believe in altcoins, so I will still hold my bitcoins until any time.

I also agree with you. it's better to keep holding bitcoin. BTC is the only crypto that is safe for long-term investment. if you give up and sell it now you will regret later. Don't repeat the mistakes before, many regret having sold bitcoin in the past only, because prices are currently low.

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