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Author Topic: Is it better to exchange your altcoins for dollars or btc?  (Read 3317 times)
Whaletale
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October 28, 2018, 06:32:09 PM
 #41

The two are important but depend solely on you if the pair for all your coin should be dollar or btc and I think btc is still cool to paired with in this time of bottom stage which can add more value to it soon and dollar was cool if it was December period as all coin both btc and alts was dipping then which makes dollar more ok than btc paired, and will give more chance to acquire more btc and alts.

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October 28, 2018, 06:36:48 PM
 #42

I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.

Would be good to have crypto currencies exchanged to crypto currencies but what about those who live in countries that are yet to accept bitcoin or other crypto currencies?

Those who live and earn from concerned countries, need to exchange into their local fiat's to utilyze the earnings made. There should be days when crypto  earned is exchanged to crypto. Eagerly expecting this to happen.



























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October 28, 2018, 06:50:56 PM
 #43

The dollar is a stable money, Bitcoin or any other coin based on blockchain technology now have a strong volatility, so it is more profitable to change dollars.
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October 28, 2018, 07:13:14 PM
 #44

I think this is not good time to move your altcoins to btc or usd, altcoin prices are down and if we convert to btc or eth it will be a  huge loss for the investment, what you can do is keep your altcoins until next bull run and take the profit.

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October 28, 2018, 08:05:41 PM
 #45

Well for now service providers that are accepting crypto are still very few and stacking bitcoin and altcoins is really not needed because stacking it without exchanging for Fiat is wasting of time and doing bounty will be needless
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October 28, 2018, 08:09:33 PM
 #46

Anyway it is necessary to lock in the profits in firmer and stable cryptocurrency. Altcoins aren't stable and on it it is better to transfer profit to dollars or to bitcoin.
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October 28, 2018, 09:49:54 PM
 #47

If you are profitable with your altcoin, then you should sell your altcoin to USD. It's a safe choice and you will not lose it if the BTC falls, but if you are a risk taker and believe in BTC then you can sell your Altcoin to BTC.

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October 28, 2018, 09:55:44 PM
 #48

Although its better to sell or exchange your altcoins for BTC or ETH but sometimes it depends of the token you are dealing with. There are some tokens which goes as higher as 400% on exchanges  now which BTC cant do for now so HODLing that coin will be better than exchaging it into BTC.

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October 28, 2018, 10:04:22 PM
 #49

I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.
I think other than using crypto we need to exchange to dollars to because how can we use what we earn in crypto in we don't exchange it to dollars especially if you need a money to your everyday needs.

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October 28, 2018, 10:16:55 PM
 #50

If you exchange it to BTC, it is better. Doing it now may even be a good idea. Once the bull run commences, it will push up the value of what you have with a higher value of BTC.

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October 28, 2018, 10:54:19 PM
 #51

Although its better to sell or exchange your altcoins for BTC or ETH but sometimes it depends of the token you are dealing with. There are some tokens which goes as higher as 400% on exchanges  now which BTC cant do for now so HODLing that coin will be better than exchaging it into BTC.
He was talking about the best choice to exchange our altcoin to the best pair and the answer should be the dollar. OP doesn't even mention ethereum in the thread which means it should be removed from this thread. Stable coin or dollar offers the stable value that can't be impacted by the volatility of the cryptocurrency itself.

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October 28, 2018, 11:14:53 PM
 #52

If this was the choice i should make, the bluntly i will choose bitcoin over dollar, i think bitcoin will offer more profit than dollar could offer.
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October 31, 2018, 11:02:16 AM
 #53

It's depend on the situation and the investment strategy, if the falling really fluctuating and it impacts all crypto then it's better to exchanges crypto with Fiat, but if the Bitcoin is on the uptrend situation then btc is better because it can double your profit, but it got more risk


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October 31, 2018, 11:05:02 AM
 #54

depends on yourself really, and the state of the market, right now it's better to convert them to btc, but back at 19k it was better to convert them to $$
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October 31, 2018, 12:07:11 PM
 #55

It will never be superfluous to fix your profits and turn coins into more stable assets such as dollars and Bitcoin. This will protect you from unpredictable market changes.

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October 31, 2018, 12:12:12 PM
 #56

This question is what I questioned to myself before I earn in cryptocurrency. I asked myself why does the people hold more tokens than btc or ethereum. Now, I had more tokens on my wallet, I understand why we hold them all. Because this new altcoins will give us more money. If we buy it at low price and hold it till double times, we will become profitable.

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October 31, 2018, 12:12:14 PM
 #57

I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.

Both are better but i prefer convert to fiat / usd in this current market condition.
Because bitcoin is so stagnant and sometimes it slightly down
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October 31, 2018, 12:20:39 PM
 #58

I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.

Both are better but i prefer convert to fiat / usd in this current market condition.
Because bitcoin is so stagnant and sometimes it slightly down
I also prioritize bitcoin accumulation, but specific times need specific changes. Currently a good opportunity to accumulate, I do not care much about the reason appear, my greatest interest is still the profit it brings.

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October 31, 2018, 12:37:43 PM
Last edit: October 31, 2018, 06:40:29 PM by viktoriya1945
 #59

Maybe my opinion will change in the future, but today I’m focused solely on investing all free money in cryptocurrency. The market is now at a stage when large investors have not yet entered it, and early investors such as we can make good money.
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October 31, 2018, 06:25:59 PM
 #60

I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.
Do you think bitcoin will go down ? Then putting your money into dollars is the better idea. Do you think bitcoin will go up ? Then putting your money into bitcoin is a better idea.

It is up to you to decide if putting your money into dollar or bitcoin is a better idea depending on what you believe bitcoin will do.

I put my money into bitcoin because I believe after all these months of stagnant prices there will be a time when bitcoin goes up really high and make me money. Recently it dropped a bit more meaning I think bitcoin is ready to skyrocket soon. If that happens than I will be in good hands and have more money, if I am wrong and the price drops even further than I will be screwed and my money will shrink even further than it already did. It is a bet on the price of bitcoin, you bet whichever side you think will win.
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