sell bitcoin to buy fiat or altcoin?

[leetcoiner]

If I were to sell Bitcoin now, I'd leave 20% in the Fiat, and divide the remaining 80% into equal parts and invest in promising alts.

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[pcfli]

I wouldn't exactly sell bitcoin right now, but if I imagine, I would split the budget 50/50, leave half in USDT, and invest the other half in the top alts.

For those who buy bitcoin above the price of $7000 will certainly keep their bitcoin as long as possible but for traders who are looking for profits by buying bitcoin under $7000 of course this is the right time to sell it,   I think by choosing usdt as an investment asset it looks like you are looking for safe for your money now, because we know usdt is one of the altcoins that prices are quite stable at the moment.

bitcoin is a long-term investment and full of analysis that is very calculated both to sell and when to buy, with the current situation of bitcoin is indeed the right analysis is very necessary because with the current bitcoin movement it could be when you sell if you feel it's enough profitable. because the current price of bitcoin is indeed not going far. so it takes fast action in analyzing and taking action in order to be profitable. but if you still want to save until true bitcoin passion grows again is not wrong for now.

The only profitable investment is BTC right now, the altcoins can't even survive to hold their current price levels. The exit scams are famous on various altcoin projects, the education programs don't have a strong effect for squeezing the scammers. The greedy investors want to be fast but they become a first victims on scam projects.

[Shasha80]

There is no compelling reason to sell the bitcoin that I have, moreover buy fiat or altcoins that don't necessarily provide more profit
compared to bitcoin. In my opinion a bad decision to sell bitcoin and buy fiat or altcoins, because we can see the movement bitcoin
is more profitable. Because bitcoin dominates the market where it is easier for us to make profit. Moreover, a few more months will
occur the halving event will most likely make the price of bitcoin go up high, so don't we waste a good chance of selling the bitcoin
we have now.

[Joyawan13]

There is no compelling reason to sell the bitcoin that I have, moreover buy fiat or altcoins that don't necessarily provide more profit
compared to bitcoin. In my opinion a bad decision to sell bitcoin and buy fiat or altcoins, because we can see the movement bitcoin
is more profitable. Because bitcoin dominates the market where it is easier for us to make profit. Moreover, a few more months will
occur the halving event will most likely make the price of bitcoin go up high, so don't we waste a good chance of selling the bitcoin
we have now.

everyone has different desires and thoughts, some have thoughts of continuing to hold and store bitcoin, some want to sell bitcoin and buy altcoin, some even want to exchange it for fiat money, so whatever we want to do, of course we all want to be able to get benefits in accordance with what we want, so whatever decision is in each of us.

[albon]

I am not a supporter of the idea of selling bitcoin for altcoins, This time is good for increasing the amount of bitcoin, Bitcoin has not reached its highest price yet, We must not hurry to sell and make the wrong decision, but you have to be patient until the price of bitcoin rises and makes good profits so then you can buy promising altcoins with a portion of these profits, Or at this time, you can set aside a portion of your money to buy promising cheap altcoins without selling your bitcoins.

[Chrystora123]

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?

of course, I prefer to buy Altcoin..  and I would choose to buy Bitcoin Cash, NEO, Link, or Tron.  LINK and TRON are very suitable for long-term investment, the CEOs of both tokens are very active and serious in developing their tokens.

[MancyZz]

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 prefer to convert or buy fiat and waiting for bitcoin price falling again then i will buy bitcoin with fiat money again. so it gives profit for me than i convert or  buy altcoin not sure i will get profit. i am thinking that  in cryptocurrency to get extra money so i will  choose the way if can get the profit from it

[lobo13hf]

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?

of course, I prefer to buy Altcoin..  and I would choose to buy Bitcoin Cash, NEO, Link, or Tron.  LINK and TRON are very suitable for long-term investment, the CEOs of both tokens are very active and serious in developing their tokens.

i don't feel better to choose NEO and TRON because it's already overvalued. I just try to put more expectation to the new competitors for them just like credits, nuls and more new smartcontract platform which is undervalued compared with those major coins. that will be a better place to put my money.

[Ekyfitri]

if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

[iv4n]

if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

Tezos is up for 100%, link is more then 1000% up, I'm talking about this year and two alts that made a nice rise, there are others, I just wish to point out that alt marker is not bad for all the alts, some are doing great. And bitcoin is up this year, at the beginning of the year price was 3500, or little under, look where it is now.
Buying now or waiting prices to go lower is always a tricky decision to make, prices can drop but and you can buy a bit more coins for the same money, but if the price rise you will miss a good buying opportunity and profit in some time. I'm not waiting I'm buying now, and if price drops I will buy more. I think we are going back to 8k after New year.

[quality.crypto]

if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

Tezos is up for 100%, link is more then 1000% up, I'm talking about this year and two alts that made a nice rise, there are others, I just wish to point out that alt marker is not bad for all the alts, some are doing great. And bitcoin is up this year, at the beginning of the year price was 3500, or little under, look where it is now.
Buying now or waiting prices to go lower is always a tricky decision to make, prices can drop but and you can buy a bit more coins for the same money, but if the price rise you will miss a good buying opportunity and profit in some time. I'm not waiting I'm buying now, and if price drops I will buy more. I think we are going back to 8k after New year.

There are very few coins, which increased their price a lot in the market, every one of us will have a positive opinion towards the Bitcoin. Once the price of Bitcoin is increasing we might see most of the potential coins will increase in the market. If the price drops we should grab them at the low price.

[iram3130]

If you have done what you said here then you will be down by 90% of your total investment by now. It was not a good time for alts and hopefully 2020 may be the year of crypto and alts.

[Pelunize12]

I am not a supporter of the idea of selling bitcoin for altcoins, This time is good for increasing the amount of bitcoin, Bitcoin has not reached its highest price yet, We must not hurry to sell and make the wrong decision, but you have to be patient until the price of bitcoin rises and makes good profits so then you can buy promising altcoins with a portion of these profits, Or at this time, you can set aside a portion of your money to buy promising cheap altcoins without selling your bitcoins.

the sentiment can change as time goes by. at this time, I agree that selling Bitcoin for altcoin isn't good idea
but this thread was made from july 2018, in that time, altcoin is in good time for buying

so, Im not doubt why the OP asked like this. It would change too in the future
just our wise to know what strategy which is suitable for every sentiment.

[Kasabus]

If you have done what you said here then you will be down by 90% of your total investment by now. It was not a good time for alts and hopefully 2020 may be the year of crypto and alts.

Agree with that, altcoins did suffer this year and like ETH for example, from $1300 as its ATH, it dump below $100 this year so it's not a wise decision to sell your bitcoin for altcoins and selling to fiat if you are not thinking of quitting and accepting your loses.

[jarhed]

I would now sell 50% of Bitcoin and invest in alts, it's worth holding both alts and Bitcoin, I don't think it makes sense to hold USDT right now.

[leea-1334]

if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

Tezos is up for 100%, link is more then 1000% up, I'm talking about this year and two alts that made a nice rise, there are others, I just wish to point out that alt marker is not bad for all the alts, some are doing great. And bitcoin is up this year, at the beginning of the year price was 3500, or little under, look where it is now.
Buying now or waiting prices to go lower is always a tricky decision to make, prices can drop but and you can buy a bit more coins for the same money, but if the price rise you will miss a good buying opportunity and profit in some time. I'm not waiting I'm buying now, and if price drops I will buy more. I think we are going back to 8k after New year.

Tezos 100% after all that bad stuff going on with the Foundation? How does a scam coin, proven to be a scam,,, and still stuck in legal battles with so many people, make it to 100% again? I can agree about Link but so can I with any other alt that has not been through what Tezos has been.

Bitcoin is still going to be the supreme marker for all of this though. BTC is everything for alts.

[lepbagong]

If I were to sell Bitcoin now, I'd leave 20% in the Fiat, and divide the remaining 80% into equal parts and invest in promising alts.

in situations like this there is no best advice that can be used as a reference because all predictions seem to have nothing that can be used as a reference. if I don't have the best advice, keep holding bitcoin because this is still reliable compared to altcoin. if you want to force it to divide it is better to share it with ethereum.

[adroitful_one]

It really all depends on how the market is performing. If you sell at the all time high, you're probably better off taking the fiat and buying back in to Bitcoin whenever the market recovers. But, if you sell now, your best bet would be to just trade the Bitcoin for another Altcoin since theres a few of those that have a little bit of good movement on days Bitcoin is down.

[agentx44]

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 it would depend on the situation, if ever altcoin is on a good condition and price, I would prefer buying some of it. I would find good altcoins that has the potential of being successful in the future. If ever altcoin is not in a good condition or it is very difficult to find a good one to invest with, I would convert some of my earnings to fiat, not all of it, cause I would rather hold it still on bitcoin and wait till it goes high again. In terms of altcoin, Eth would definitely be the one I'll buy cause I know its potential.

[drachman]

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 it would depend on the situation, if ever altcoin is on a good condition and price, I would prefer buying some of it. I would find good altcoins that has the potential of being successful in the future. If ever altcoin is not in a good condition or it is very difficult to find a good one to invest with, I would convert some of my earnings to fiat, not all of it, cause I would rather hold it still on bitcoin and wait till it goes high again. In terms of altcoin, Eth would definitely be the one I'll buy cause I know its potential.

No strategy is perfect and what I do not like from that strategy is that you are risking you capital in coins which we do not know if they will be successful, it is true that you can obtain more profits with altcoins but you can also get greater losses and the chances you obtain more losses are higher, so it is better to take the safest approach and just buy bitcoin and keep holding it for as long as you can as most likely the bull run will come in 2021.