sell bitcoin to buy fiat or altcoin?

[leetcoiner]

Now we need to invest in Bitcoin, but also at cheap prices it would be nice to invest in a pair of top and promising alts.

[john1010]

I'd rather to choose to sell btc to stablecoin like usdt, much safer and low risk of low fluctuation.

[SummerBliss]

Recently we saw that the altcoins went up with more percentage than Bitcoin. That was a welcoming sign for altcoins. But the degree of risk associated with them is pretty high than Bitcoin. Usually after making an upward rally, they start falling Down the next day which can land you in trouble if profits are not taken at right moments.
I dont understand why wouldn't anyone like Bitcoin in their portfolio in this market. It diversifies the risk to a good extent.

[Hermingway]

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?

Currently I think am not longer in selling any more bitcoin. As we expect a bull run from btc soon. But should I sell my btc for alts, I think I'd buy bags of Awc as it is currently undervalued and cheap.

[Dhoe]

I'd rather to choose to sell btc to stablecoin like usdt, much safer and low risk of low fluctuation.

To maintain the value of our assets it is better to choose to stablecoin, but if you are a speculator then Choosing Altcoin is the right choice, But choose the potential Altcoin which has a high volume and is in the top 10 at coinmarketcap.

[restuibu]

I will sell 50% to buy some altcoin that has potential and which 50% I will hold for the long term
I see it looks like Ethereum will reach $ 1,000 this year

[Leah38]

You can sell some and keep some. Buy some alts. Always diversify assets. You can earn more that way. Some trade, scalp and withdraw profits. Whichever suits you.

[hahay]

One thing that I feel to do is cash it out immediately when a surge occurs in bitcoin, but still we don't need to cash it all because after all this market still has potential so getting altcoins from these benefits will be a good choice as long as we can manage it and choose altcoins right to hold in the mid to long term.

[posi]

One thing that I feel to do is cash it out immediately when a surge occurs in bitcoin, but still we don't need to cash it all because after all this market still has potential so getting altcoins from these benefits will be a good choice as long as we can manage it and choose altcoins right to hold in the mid to long term.

Selling of ones bitcoin immediately after the surge occur is certainly not a good impression and the samething goes with the procedure of using bitcoin accumulate altcoin when the surge in price of the altcoin market depend on the price momentum which the bitcoin market posed.
If it not for an emergency or important purpose selling ones bitcoin is not advisable.

[calandra78]

now it seems the situation is different. more will sell their altcoin or fiat to own bitcoin. in an increasing market trend, of course, the demand for BTC will rise in the market. especially when approaching halving time I think the demand for BTC will increase high.

[Doranile432]

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'm not buying altcoin yet, the price of bitcoin will determine if i will buy altcoins or not, bitcoin have to surge higher and after that whales will start opting out from bitcoin to altcoin just like the last bullrun, the best time to opt to altcoin is when btc surge to ATH

[WalkerIVIV]

You can sell some and keep some. Buy some alts. Always diversify assets. You can earn more that way. Some trade, scalp and withdraw profits. Whichever suits you.

But it's better to keep them all into the bitcoin form. It may give him less risk but when he wanna deal with the risk and as you said that it's better to sell some. Another thing that needs to do by him to make sure if crypto that will be bought by him was a good crypto just like tachyon coin or tezos.

[Herry Toms]

I won't recommend selling your all BTC to buy an altcoin, however, I'm convinced that some portion of your portfolio must be in low-cap coins because this is the best way to diversify your portfolio because only low-caps coins have the potential to go up 10x-50x any time and this happened already many times in the market. I've 70% of my portfolio in BTC and 30% in Ryocurrency(RYO) which is a pretty undervalued privacy coin and prices can soar anytime due to strong fundamentals. I would recommend the same, but don't forget to do your own research first.                                                                   

[drachman]

I'd rather to choose to sell btc to stablecoin like usdt, much safer and low risk of low fluctuation.

But you are never going to make money that way, if you want to do that then just keep your fiat and be happy with it, if you are going to invest in this market then you need to select between bitcoin or some altcoins, if you are going to choose to invest in stable coins only do that when you are completely sure the price of all the market is going down as it did in 2018, that is the only moment in which you are justified to invest in those coins.

[ranakhan60]

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?

Yes I think it is possible to make a lot of profit by selling energy coins for good profit or good profit. Parents can make a lot of profit. Naturally, the price of cryptocurrency market coins depends on the price of bitcoin.

[Golftech]

I'd rather to choose to sell btc to stablecoin like usdt, much safer and low risk of low fluctuation.

But you are never going to make money that way, if you want to do that then just keep your fiat and be happy with it, if you are going to invest in this market then you need to select between bitcoin or some altcoins, if you are going to choose to invest in stable coins only do that when you are completely sure the price of all the market is going down as it did in 2018, that is the only moment in which you are justified to invest in those coins.

You can also do that if you are more familiar with scalping. Since bitcoin is moving wildly and fluctuations are unavoidable trade your BTC when the value is high then buyback when the value is low. It's difficult but still possible to process and you can attained benefits when you make it into a good timing. Every traders have their own ways and understanding whether alts or USDT if you know how then its profitable for you to process.

[leetcoiner]

Bitcoin is growing, it doesn't make sense to sell and buy alts at all, it's better to keep both alts and Bitcoin, but it's definitely not worth selling Bitcoin for investment in alts.

[Barbut]

Bitcoin is growing, it doesn't make sense to sell and buy alts at all, it's better to keep both alts and Bitcoin, but it's definitely not worth selling Bitcoin for investment in alts.

Sometimes you can diversify, it can be profitable if you pick the right time for that. Now it's not the time for that, Bitcoin is rising higher and faster than other altcoins. When this rise comes to the end, or close to it, it will be good timing for exchanging Bitcoins for some altcoins. Who can say where will be the peak of this rise? Probably there's nobody with that prediction skills, what's left for people is to risk, to try to do something to make more profit and if they succeed it will be great, but be aware that you can also lose!

[hahay]

Bitcoin is growing, it doesn't make sense to sell and buy alts at all, it's better to keep both alts and Bitcoin, but it's definitely not worth selling Bitcoin for investment in alts.

There is no problem about this, because everyone has their own choices and I think whatever they choose will be good for themselves if they realize every risk. We don't need to stick to only one coin, because after all every crypto on the market has a different potential with a lower purchase price then of course it will make them able to buy more.

[wheelz1200]

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?

Hopefully you didnt buy altcoins with that bitcoin back then.  I think now would be a good time to invest in a couple high end alts as it looks to be a bull market coming soon.  Either way you crack it always keep most of the funds in bitcoin and not dive nose deep into alts.