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Author Topic: Should I Convert My All Coins into Bitcoin or USD?  (Read 19387 times)
AshikurRahmanKhan16 (OP)
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September 05, 2018, 06:07:06 PM
 #1

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?
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September 05, 2018, 06:38:21 PM
 #2

I'm sure whoever offered you the hodl also keeps the coins in his wallet.Yes, now is not a very pleasant situation with the market.Many are disappointed.But still, be patient is not much and everything will be fine.You will get your profit.Now it makes no sense to sell coins that's for sure.
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September 05, 2018, 06:47:07 PM
 #3

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

Don´t hate or blame others for poor decisions, they are your own and you should never think otherwise, that will just make you a powerless victim of others opinion.
Ofc you can sell BTC if you feel that the market wont recover but USD wont keep its value for very long if you intend to save money. After a few years your USD will be worth less, since more is printed in i fanatical manner.  USDT / True USD have the same problem, backed by worthless dollar, I would at least keep some BTC not cash it all out since I think the internet of money is the future. I have a long horizon, stay invested and increase my positions until 2022 when some adoption has arrived, we are early and there are only 10 million BTC wallets with amounts over 0.002 which is nothing. Have faith Smiley

And for that matter, the market has been going sideways for months now, how come this is the moment you are giving up? Bounty from shit coins always goes to zero pretty much, which gives you 2 options. 1. Keep the coins you believe most in, if you think the market will turn and have effect on those coins. 2. Sell it all if you don´t think the market will recover or if you think that a recovery wont affect the bounty coins you hold, oh and by gold Smiley

I can´t shake the feeling that patience will pay off, so much good news but no responses in prices

Peace out!

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September 05, 2018, 07:04:29 PM
 #4

Its a matter of perspective, and those perspectives will change with time.
"Time" we have to realise is a very key factor in what we are looking at and
interested in.

For me I got into crypto when Bitcoins price was $1000 so from my perspective
todays price is very rewarding. SO this time next year or in 2020 the perspective
will change for those who today are disgruntled about crypto.

I personally believe that the majority of coins/tokens or whatever you want
to call them will not progress as much as people hope they will. Bitcoin and
some established alts will continue to move forward and that is where I
suggest we should focus on not some very minor coin which gets pumped
one by 6000% and then is forgotten after its man purpose has been achieved,
To be Pumped.


R


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September 05, 2018, 07:15:04 PM
 #5

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

You must be more patient and calm yourself, don't make decisions when you panic. The market is currently in poor condition, and prices are also very messy, but I think there is still a chance for the market to stabilize because crypto is unlikely to die this year.

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September 05, 2018, 08:03:32 PM
 #6

Yes, 2018 is a disappointing year when it comes to bitcoin and other coins. Last year was awesome and a lot of people earn millions but nevertheless let's hold our coin and hope for a better 2019
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September 05, 2018, 08:17:03 PM
 #7

What do you think guys? Should I convert my coins into USD to prevent the price falling?
That's exactly what they want, the big whales started a btc dump wave (with other alts like ETH as well) to try to trigger panic selling among the weak hands which will push the price further down just so other whales can buy cheap again (at least that's my theory behind this drop). Don't give in to this obvious attempt to trigger a panic selling wave, hold your coins and wait for the next rebound.

If you're one of those wholgives in easily to massive price swings, I'd recommend you to stop looking at the charts for a few days. In the long run, you will regret selling your coins because of a measly 5% drop.

.
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September 05, 2018, 08:22:56 PM
 #8

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

You will experienced lots of downtrend in crypto world. If you can't take the current trend, what if for more to come?

Remember that we have different approach in our hold coins. The decision must come at yours and not because everybody told you to do so. Others might be successful on that strategy but it doesn't mean it can produce a same result to anyone including you.

You hate now those HODL suggestions by others? Then it might better "to stop holding any coins from now on" until you understand what you are going through.

What do you think guys? Should I convert my coins into USD to prevent the price falling?

You can't prevent any future trend that will come. You have no choice but to deal on it.

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September 05, 2018, 08:29:17 PM
 #9

I do not think that you should even transfer money to other currencies. No, of course with some of the investments in the form of tokens and coins, you can do this way ... but you should stick to the principle of not laying eggs in one basket ... it is better to keep investments in different places ... this will reduce the risks and increase the probability of generating income. Something like this
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September 05, 2018, 08:41:53 PM
 #10

Hmmm, i don't think that is a good idea, as you might regret it when the greens come. maybe you should have some more patience.
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September 05, 2018, 09:01:18 PM
 #11

Personally, I do not suggest you convert all your coin into bitcoin or USD except ifthe coin are not really promising and you feel it will not yield much profit but if they are potential coins, I will suggest you hold some and covert some into bitcoin so they will also yield profit when the market recover from the bear.
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September 05, 2018, 09:37:35 PM
 #12

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

Not only do you feel it yourself, but everyone is out there, so be patient there is nothing easy in this situation, it all goes back to you and your own belief, that most of them suggest not based on knowledge or just predictions, it is true that crypto makes you annoyed so to get out in this wave, only patience people will feel good benefits for the future, always remember in every market there will be an increase or decrease and something that is not easily achieved, takes a long time, try to better understand every condition, don't blame many others.
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September 05, 2018, 10:35:39 PM
 #13

This will depend on you, because I see a big problem here that you are just depending on the suggestion of your friend or what without making any research and that is why you are trap on that coins. Now you are asking again, this market is very risky when you don’t have enough experience. Don’t make decisions that is base on your emotion, try to analyze everything.
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September 05, 2018, 10:42:14 PM
 #14

I don't think it's a good idea at the moment cause it's too late Smiley. If you exchanged all your cryptocurrencies to USD or USDT before when BTC price was more than $10k then everything would be fine at the moment Smiley. But right now, I don't think you should do that, try to hold a little bit more.


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September 05, 2018, 10:59:32 PM
 #15

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?


Depends on you what is the right for your coins investment the decision is yours, i give  you an advice all bad happens for cryptocurrency in this year have an reason.

Thiese crisis for cryptocurrency is trial to all people inside crypto community how to be strong and how understand well about crypto as currency, hold your coins one if you wake up the status of crypto is become better.

By the way you convert your coins in BTC or into USD if your coins have an price value in th coinmarketcap


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September 05, 2018, 11:37:52 PM
 #16

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

crypto market is really not good for now, I suggest that you just keep it in the form of USD, but also set aside some assets to put in the form of BTC, in a market like this, we really need a good calculation and strategy so as not to be affected by a great loss.
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September 05, 2018, 11:40:03 PM
 #17

If you bought in at a higher price, you may as well just hold them for a while longer if you don't need the money right now. The price will eventually go back up and you don't lose anything if you don't sell. You'll end up making money if you hold onto them for longer. Just look at some of the future price predictions. I know it's bad right now, but things will be getting better. I can almost assure of that.
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September 05, 2018, 11:42:48 PM
 #18

I prefer to convert my holding to bitcoins during times of  market downward trends, If i convert them to USD, it is almost like leaving the market, plus the fact that that you can not really tell when the market suddenly go parabolic, that is why I prefer bitcoin, I may lose some value but it will eventually recover.
Kallipso
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September 06, 2018, 05:19:24 AM
 #19

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?
It seems to me if this continues, then many will support you with the withdrawal in dollars. Now even the most stable coins are experiencing difficulties, not to mention other coins.
jawakoak
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September 06, 2018, 07:08:35 AM
 #20

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?
it will more safe in USD but no profit in the future, convert in btc is have low risk but we will gain more profit next day...
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