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Author Topic: Is it better to exchange your altcoins for dollars or btc?  (Read 3368 times)
justsimpleram
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November 12, 2018, 04:30:16 PM
 #141

Now while btc is very down it's better to exchange it to btc so that if btc pump you will have more and huge profit from it because dollars is not that good when times like this. Exchanging in fiat should do when you want your invest to claim or want it to get and spend it to buy something or put it on the bank. But if you want to have more profit its better to exchange it to btc now.
AgentZero23
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November 12, 2018, 08:02:01 PM
 #142

With the current market the smart way is to exchange your alt coins to fiat like usd. Majority of our necessity are purchased using fiat currency and it is a much more than digital assets. But better invest in security tokens as it will give you a passive income.
expekto
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November 12, 2018, 08:02:52 PM
 #143

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 tyink taht tej answer on that question depends on the fact what os the most useful for you and what you think is better

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expekto
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November 12, 2018, 08:03:37 PM
 #144

With the current market the smart way is to exchange your alt coins to fiat like usd. Majority of our necessity are purchased using fiat currency and it is a much more than digital assets. But better invest in security tokens as it will give you a passive income.
you may convesrt ypur tokens in whatever ypu find jecessary to convert them so i believe taht you need to think it over

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Kseniya17
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November 12, 2018, 08:14:23 PM
 #145

I think who has the opportunity for a long hold, then you need to keep in Bitcoin, I do not have such an opportunity and such an amount, so I change the coins for dollars a little.
Ozero
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November 12, 2018, 09:39:42 PM
 #146

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.
You should always remember about the riskiness of investing in cryptocurrency. Therefore, it is not recommended to invest all your money in cryptocurrency. Especially to invest in one coin, even if it will be Bitcoin. Bitcoin can also lose in its popularity and price. In addition, I would have already invested not in Bitcoin, but in ethereum, and some other promising coins.
hidingyou
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November 12, 2018, 09:48:59 PM
 #147

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.
You should always remember about the riskiness of investing in cryptocurrency. Therefore, it is not recommended to invest all your money in cryptocurrency. Especially to invest in one coin, even if it will be Bitcoin. Bitcoin can also lose in its popularity and price. In addition, I would have already invested not in Bitcoin, but in ethereum, and some other promising coins.
Nope, if you have an objective to grow your money it's much better to choose with crypto in order to continue growing your money but if you think it's kind of needed a money then you can go with dollars in where you can earn money immediately.

adarwis
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November 12, 2018, 10:23:49 PM
 #148

if my experience will certainly choose to hold in the form of BTC rather than the dollar, because if the dollar is only a few exchanges that accept dollars for trading programs, if the BTC accepts all the top exchanges, if you want to be safe you can hold the dollar the more the price increases
florianuhlemann
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November 13, 2018, 05:58:23 PM
 #149

personally, I distributed my funds: 30% of the funds lies in the Bank (just in case), 40% of investment in bitcoin, 20% of investment in Ethereum, and the remaining 10% of investment in other altcoins from the top 5.
lotfipro
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November 13, 2018, 06:18:19 PM
 #150

It might be better exchanging to bitcoins, it's easier to follow prices in btc rather than in dollars. Also all exchnages have bitcoin pairs.
lelou
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November 13, 2018, 06:21:01 PM
 #151

I only convert to fiat when I'm in need of tangible money but if not, I convert my tokens/altcoins to bitcoin and let it stay until it's time to buy altcoins again.
Tigra3458
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November 13, 2018, 06:37:42 PM
 #152

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.

For me it is better to keep partially in BTC and altcoins 50%, and to hold the rest in dollars. In this case, there is always a safety net.
Bavaria
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November 14, 2018, 01:16:10 AM
 #153

If I was minded to liquidate my altcoins, i would prefer selling them for USD on the current market. Because i believe btc might drop down to 2-4k and reach a new bottom. 
Jdragon6x6
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November 14, 2018, 01:24:16 AM
 #154

For me it all depends on what my needs is. If I were to cash out all my altcoins, I think it is much better for my altcoins to be exchange in dollars than bitcoin specially when I am planning to cash out and not investing. Bitcoin value changes a lot and for me dollar is the better option for its value doesn't move that much.
MoreMoneyHunt
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November 14, 2018, 01:24:47 AM
 #155

Every crypto investment must have a goal. This goal is set in order to guide in the decision of when to buy, how long to hold and when to sell the altcoin. Depending on the profit making desire of every investor, this decision of when to sell varies. Once the anticipated price is reached, an investor may choose to convert the altcoin to dollars or exchange for BTC.

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libert19
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November 14, 2018, 01:28:57 AM
 #156

Depends, if you need money for irl stuff then you will need to convert your cryptos to fiat.
Bosmuda
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November 14, 2018, 01:39:36 AM
 #157

It would be better if you keep your altcoin, in my opinion it will be better, be patient while waiting for the market to rise and then you can sell your altcoins in the future and certainly will benefit
shirackjs
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November 14, 2018, 01:42:13 AM
 #158

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.

As much as I agree with your post, but I believe each investor have his own investment goals.  Some want to hold crypto for the long term, some just want make quick bucks and some might need money for emergency.  
DainSLane
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November 14, 2018, 01:53:44 AM
 #159

It is better to exchange your altcoins to BTC not in dollar because the price of bitcoin was increasing every minute or every hour compared to dollar, if you are a trader you know what is the best to make you more profit.
bestpikka
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November 14, 2018, 01:54:12 AM
 #160

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.

As much as I agree with your post, but I believe each investor have his own investment goals.  Some want to hold crypto for the long term, some just want make quick bucks and some might need money for emergency.  
yes, it all depends on each other's needs so in this case, everyone is free to make his choice, if I myself prefer to hold my coins in Bitcoin because I believe that in the next few months prices will rise again so I hope to profit from the situation.
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