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Author Topic: Is it better to exchange your altcoins for dollars or btc?  (Read 3317 times)
snedyolo
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November 29, 2018, 03:32:29 AM
 #241

Every people have their own choice ,
But for me it is better to choose Bitcoin over Fiat if you just want to hold it for a long time,
But if you are going to spend it right away then go with Fiat.

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November 29, 2018, 03:44:31 AM
 #242

Switching to Bitcoin is the best thing if you want your money to grow. The price of Bitcoin can definitely experience growth that can make us profit. But it all depends on your wishes. If you want to be safe, maybe you can switch to fiat money.
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November 29, 2018, 04:42:05 AM
 #243

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.
There are many techniques for investing. But in cryptocurrency what we need is the right timing based on an accurate analysis. Use all opportunities that exist well after analyzing, whether exchanged with USD, altcoin, bitcoin or vice versa depending on the circumstances.

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November 29, 2018, 05:03:33 AM
 #244

I have been involved with Cryptocurrency for a long time and this is my best place to trade. Instead of holding USD, I better use it to buy Bitcoin. Bitcoin is more profitable and if you use it for long-term investment, it will be more profitable in the future.
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November 29, 2018, 05:06:47 AM
 #245

In the past i prefer Bitcoin because it has high price and always increase. Now i prefer dollar because bitcoin is losing everyday, i prefer exchange my altcoins to dollar and secure it.
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November 29, 2018, 05:11:15 AM
 #246

for reasons of economic strength, fiat> btc> altcoin ... fiat's position is more stable than BTC, and BTC itself is more stable than altcoin (besides USDT)
if you want to do HODL for a long time and don't want to risk the volatility of cryptocurrency, then you should exchange your coins for FIAT
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November 29, 2018, 06:00:49 AM
 #247

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.

yes you are right to exchange altcoins with usd it will not give a big profit. it's better to exchange altcoins with bitcoin that is a good strategy. I also did this strategy. I got a token from the bounty and then I traded with altcoins like ethereum and ripple. when the two coins have experienced an increase then I exchange with bitcoin. in investing in crypto coins we must have bitcoin. because bitcoin is the main currency in crypto like the dollar in fiat money.

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November 29, 2018, 06:25:58 AM
 #248

see current conditions it would be better to switch to a bitcoin. at this low price bitcoin then it would be a good beginning to buy and wait for rising prices. with continued sales on crypto from altcoin to bitcoin or vice versa then the result can be a big slow unexpectedly.
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November 29, 2018, 08:34:36 AM
 #249

for reasons of economic strength, fiat> btc> altcoin ... fiat's position is more stable than BTC, and BTC itself is more stable than altcoin (besides USDT)
if you want to do HODL for a long time and don't want to risk the volatility of cryptocurrency, then you should exchange your coins for FIAT
Fiat has been stable but due to inflation its value is also going down.

I can't find any reason to say that bitcoin itself is more stable than altcoins. It is stable because it has a wide community and its the first born crypto? or it is stable and the meaning itself is like USDT? Fiat is bound to get down due to inflation, yearly and when there is financial crisis the value goes lower so its also volatile.



 

 

 

 

 

 


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November 29, 2018, 11:13:19 AM
 #250

It depends. If you believe in Bitcoin, then exchange altcoins for it. If you want to stop dealing with crypto, change them for dollars. You can perform such conversions on CEX, this platform allows you to cash out dollars or exchange altcoins for one another (https://cex.io/zec-btc).
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November 29, 2018, 11:15:31 AM
 #251

If Your token holdings is at the right price that you want then its good.
If the rice is not right yet then better stay on your alts.
I never exchange any of my tokens to USD just with BTC and alternative cryptocurrency.

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SeVenlast
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November 29, 2018, 11:15:44 AM
 #252

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.

If you trust Bitcoin to have a higher price, of course it is allowed because it is your choice to invest in other types of coins. You only need to choose the type of coin that has a large potential of other types.

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November 29, 2018, 11:39:58 AM
 #253

If you exchange your cryptos into dollars then you have a very little appreciation in long term as dollar volatility is very low but if you hold your crypto or convert them in bitcoin, then you have big chances of decent Returns.


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November 29, 2018, 11:43:25 AM
 #254

Altcoin is exchanged into dollars, maybe a good step. Because, the dollar is usually very stable. But if you exchange an altcoin to bitcoin, of course it's a good thing too, and there's a negative too. Because the price of bitcoin certainly cannot be set up or down so the altcoin value will follow the price of bitcoin.

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November 29, 2018, 11:52:01 AM
 #255

It seems to me that the time for such actions is not the most suitable, although of course I could be mistaken, but I think that now many altcoins which have fallen 10 or 20 times earlier could not recover in value, so I would not do that.
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November 29, 2018, 11:53:13 AM
 #256

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.
inmy  opinion it depends on the purpose of the further using of your cpins and i think taht everybody should decide on h9s own
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November 29, 2018, 11:54:06 AM
 #257

When you exits the coins you mades a bloodbath by yourself. Also it calls - weak hands. Why are you selling? Don't panic, it is a very important time for the market, we have to hodl our coins tight.
with current situation with bitcoin and its falling i think that younshould be careful though it will go up one day i have no doubt about it
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November 29, 2018, 11:55:20 AM
 #258

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 can exchange to whatever you find profitable and mecessary for your current situation right now so do not worry much
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November 29, 2018, 11:56:41 AM
 #259

When you exits the coins you mades a bloodbath by yourself. Also it calls - weak hands. Why are you selling? Don't panic, it is a very important time for the market, we have to hodl our coins tight.
with current situation with bitcoin and its falling i think that younshould be careful though it will go up one day i have no doubt about it
yeah bitcoin is falling but it does jot meam taht you can not change ypur coins on it as it will go down quite soon i hope
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November 29, 2018, 12:08:10 PM
 #260

If you have got many altcoins then it would be better to exchange some of them (Keeping a few well-established altcoins in hand) to bitcoin, as it is the main crypto, so holding it much more safer.
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