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Author Topic: Should I Convert My All Coins into Bitcoin or USD?  (Read 19393 times)
diouf67
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September 06, 2018, 08:57:50 AM
 #21

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?

Most alts seem to be near their bottom values. The only real reason for swapping over now would be if you don't have confidence in them long term. I personally would not risk gaining 10-20% when it could mean missing out on 400-500% returns in the future.

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September 06, 2018, 09:22:23 AM
 #22

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?

Most alts seem to be near their bottom values. The only real reason for swapping over now would be if you don't have confidence in them long term. I personally would not risk gaining 10-20% when it could mean missing out on 400-500% returns in the future.
OP's frustrations will just lead him to another regrets when things start to be more brighter inside the market, there's a lots of things which needed to be consider when you are investing or working with this industry, holding is essentials if you are believing with the assets that you are still holding, you should minimized your emotion or better to be emotionless as you take the risk prepare yourself and not to allowed making mistakes with your decisions.
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September 06, 2018, 09:52:35 AM
 #23

I think that now it makes no sense to translate altcoyins into dollars because they will soon begin a growth cycle

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September 06, 2018, 11:04:14 AM
 #24

What's going on the crypto market? The crypto market keeps bleeding.
You just answered on what's going on to the market. But the cause of this probably this.
Crypto Market Chaos: Crypto Community Quick to Blame Goldman Sachs, Silk Road Bitcoin Liquidation More Likely.

When will come the good time?
Uncertain with the exact timefram when the good time and real recovery of the market. Few days ago, we saw on how the market has been so good to us but just an unexpected incident came.

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!!
I've been suggesting to hold so I'm part of the people you hate. But, as you are growing to the market don't blame your situation from the advice of the community. You have your own hand to press for buy and sell orders for each of your coins that are dropping and increasing.

What do you think guys? Should I convert my coins into USD to prevent the price falling?
If I tell you to hold, what's going to be your reaction? I don't want to suggest anything now, you might hate me later on.



 

 

 

 

 

 


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September 06, 2018, 11:45:08 AM
 #25

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?
just relax mate as this is not the end. If you will convert it into USD then you will loss the opportunity if the market will bullish soon. I suggest you to keep calm and be patient to wait for the market recovery. Hold will be your friend for the moment.
gloomyz
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September 06, 2018, 12:25:11 PM
 #26

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?
I will let my coin be in my wallet until the bull goes back. Unless there is an urgency, then I will convert to USD
puremage111
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September 06, 2018, 12:26:40 PM
 #27

You should do it before the market crash

The market is holding around the $6,400 level
If you believe the market will drop further, sell and convert it to btc/usd

Else, just hold for now
seoincorporation
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September 06, 2018, 12:33:12 PM
 #28

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?

Well, hold is an option when you have a backup, if you have all your money on cryptos and the crash is a big pain for you, then you should divide, sell the half that way you will be able to avoid some of the crash. Other way if you think it will keep crashing, then you can sell all and wait for the crash, the buy and get more btc on the move.

Is a hard decision, i know, is hard to hold the coins and see how it crash, and is hard to sell them and see how it bump, just don't panic and move the money wise and with a reason. 

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winstonchurchillwar
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September 06, 2018, 12:45:02 PM
 #29

At the moment, it seems to dream that converting bitcoins to dollars is not the best idea ! He can in any seriously start growth and shoot as volcano !
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September 06, 2018, 01:43:26 PM
 #30

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?

until dominance will be 60% it is the cleverst thing.
until 60% dominance you can pass other altcoins.
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September 06, 2018, 02:07:45 PM
 #31

This is exactly the way the manipulators wanted you to feel. Sell it to them cheaply and they will be the ones to benefit from it for long term. One man's trash is another man's treasure. If you really need the money in this moment, there's nothing wrong from selling your coins and converting them to fiat.
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September 06, 2018, 02:20:29 PM
 #32

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?
I would prefer to  convert it to Bitcoin than fiat because fiat will never appreciate which means your investment will be in stagnant mode. In bitcoin it could depreciate a little bit but bull market has more advantage because it already suffer a huge bear market for almost a year now.
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September 06, 2018, 02:37:38 PM
 #33

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.

But remember it's not a good thing for OP to convert all of his portfolios when the prices are getting down right now. It much better to keep them all until there will be another recovery in the future. this will become a very good thing consider about the fact that he can lose a lot of money if he does it.

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September 06, 2018, 03:24:15 PM
 #34

trust others, it's your own fault. holding also not all losses, the important thing is that the assets that you hold are right and have good potential in the future. don't blame and hate others, ask yourself and learn from this mistake.
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September 06, 2018, 03:33:54 PM
Last edit: September 06, 2018, 05:00:35 PM by usekevin
 #35

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?

Actually this is not a best time to day trading.You can buy a bitcoin for your future now .The experience traders will use to hold at this situation. Actually conversation of coins into bitcoin and USD is panic conversation.Better you can hold your coins for your future.When the price of bitcoin is increased,the price of altcoin will increase.Hold your coins in negative fluctuations.
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September 06, 2018, 03:51:34 PM
 #36

IMHO it is a little bit late to convert crypto to USD) Don't believe that it can go much lower and better to be already in crypto.

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September 06, 2018, 04:16:21 PM
 #37

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?

Better convert it with bitcoin because the value of bitcoin would have a bigger possibility of reaching a good value anytime soon so you have to be smart about it. Take the chance of holding some of it before the bull market comes.
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September 06, 2018, 04:30:35 PM
 #38

The crypto market has experienced a pretty worrying decline this year and doesn't know when exactly this will end, but don't give up and have to think positively, be optimistic and be yourself not too dependent on others.
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September 06, 2018, 04:56:46 PM
 #39

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?
Now everything is down and if you sell your altcoin now you will be a loser.
It is difficult but now you need to calm down and face the market. It may continue to fall but it will definitely come back

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September 06, 2018, 05:07:12 PM
 #40

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.
There is even no point to be disappointed.

What just amazes me is that people are always considering the exchange their funds into fiat and tend to make those decisions when the market is hugely down already with them knowing they know nothing about trading.

It is a two way thing, it is either you learn how to trade effectively, which if you hop too much into it, will make you screw up or you just simply keep holding on to what you have and focus on the long term which if you have some few bucks laying around, you can even buy more at the dips.

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