Swapping Bitcoin for "stablecoin": Smart move or disloyalty?

[Masplanc]

Their is nothing wrong for one to swap bitcoin to stable coin, their must be a reason for the swap. Sometimes the amount of bitcoin we have in our wallet can be for payment of something at that particular time, if one is having the feeling that the market can drop, the next plan is to swap it to stable coin so that the money can be used for it purpose.

[noorman0]

Bitcoin is freedom and it still provides freedom at any time, and it's also not a trap that you have to be trapped in to use it. After all, the main purpose of bitcoin is a means of payment, holding is just an external reason created by the community which is oriented towards price rather than function.

No loyalty needed.

[Natalim]

Bitcoin is freedom and it still provides freedom at any time, and it's also not a trap that you have to be trapped in to use it. After all, the main purpose of bitcoin is a means of payment, holding is just an external reason created by the community which is oriented towards price rather than function.

No loyalty needed.

Ohh, that's for real. We don't need to be loyal, we did it just for the purpose.
Yes, holding won't help promote Bitcoin as a form of currency but we indeed helping it to consider as a form of investment. That may be for some reason they have no other option like in the countries where crypto is not accepted they leave no choice but to convert it into USDT. @OP, do what you think is right, it was your money, it was your Bitcoin. May you can convert some of it to stablecoins, that perhaps still no wrong with that in fact, many holders do.

[Twinkledoe]

Bitcoin is freedom and it still provides freedom at any time, and it's also not a trap that you have to be trapped in to use it. After all, the main purpose of bitcoin is a means of payment, holding is just an external reason created by the community which is oriented towards price rather than function.

No loyalty needed.

Ohh, that's for real. We don't need to be loyal, we did it just for the purpose.
Yes, holding won't help promote Bitcoin as a form of currency but we indeed helping it to consider as a form of investment. That may be for some reason they have no other option like in the countries where crypto is not accepted they leave no choice but to convert it into USDT. @OP, do what you think is right, it was your money, it was your Bitcoin. May you can convert some of it to stablecoins, that perhaps still no wrong with that in fact, many holders do.

if it is your money, then, by all means, you have the privilege where you want to put it. Swapping it to stable coin or not, it doesn't mean disloyalty or any of that sort. Take care of your own business in this market because no one will do it for you. I believe, loyalty in this market is not common as you have to think of your portfolio before anything else.

[KingsDen]

It all depends on what you want. Your personal self before bitcoin. I want to ask you a question and I will like an honest reply. Do you wish that bitcoin flourish forever and you will be poor for ever or you wish bitcoin ends today and you will be super rich for life? I guess I know your answer. Nobody fights for bitcoin, nobody cares much for bitcoin, majority of us here are for personal gains.
Converting your btc to stable coin will not pull the price down the more and likewise, leaving your bitcoin and playing loyalty will not make it rise. Your decision could only affect bitcoin if you were millions of people outside there. Like if you sell, 20 million people have sold...lolx

Rather than waiting for btc to reach $10,000 which may never happen, why not start to DCA from now.

[ultrloa]

How come it became disloyalty? For sure you are not on crypto just be became loyal on one certain particular coin or token we need to be creative or resourceful to gain since this is our main priority. And if converting to stable coin is one of the best option to stop us seeing our money bleed from bear market condition then this is best option to do because we can buy again those coins we desired once we see the market became bullish back again.

[nakamura12]

If the reason why you want to swap your Bitcoin to stablecoin is to avoid the usd value of Bitcoin if the bitcoin price decrease if ever the price decreases and one of your solution to avoid it is by sell your bitcoin and buy stablecoin since you know what stablecoin is and its price then I would say that it is a smart move if you did swap your Bitcoin to stablecoin (My opinion about what you want to do is that it will work if bitcoin's price is decreasing constantly just like this month from $31,865.75 to $20,825.31 as of this day (from coinmarketcap). Anyway, it's your funds so it is up to you if you want to swap (whatever reason why you want to swap) but if you want to own crypto or invest then I suggest that you should choose bitcoin either you buy/hold or to invest. I suggest that it is much better if you invest/hold bitcoin long term or not (once again, It's up to you to decide what you think is right or best for you). Don't think too much when people said that it is a disloyalty if you swap your Bitcoin to different crypto of your choice.

[Rengga Jati]

Swapping Bitcoin for "stablecoin": Smart move or disloyalty?

For this question, I am not sure if this is about disloyalty, but this is more to taking advantage of Bitcoin itself. Not all people are true holders of Bitcoin, but it doesn't mean that if they are not holders, they don't love Bitcoin. We trust in Bitcoin, at whatever rate, we can utilize every market condition to get in Bitcoin. This is the loyalty, not being panicked and also spreading FUD because of the dropped price of BTC.

Do you think swapping your BTC for stablecoin makes you are solution to Bitcoin bearish run or a contributor to the challenge?

During this bearish market, for me, no need to swap my Bitcoin to stable coins. I will prefer to add more Bitcoin by using my stable coins. This is the chance for me to invest again in Bitcoin because the price is low, right? And the probability of Bitcoin will drop again is sure enough. And maybe it will be under $15k.

Can you comfortably publicize or speak good about BTC while you are ditching it?

Isn't this something hypocritical? Say like if you like, say no if you don't.

[TheNineClub]

During these trying times of Bitcoin I have read and listened to many analysis and predictions about its future price. There is perception in some quarters that Bitcoin might fall below $10,000. But there have also been a general belief that the price might rise above $60,000 in few years. As a new investor in the Bitcoin market, I came up with a plan that if Bitcoin would fall below $10,00 in few months, it would be a smart move to convert my BTC to the so called "stablecoin" (I later discovered that it can be unstable) and wait. Immediately Bitcoin price falls below my target, I would re-swap the satblecoin for BTC at a very cheap price and patiently wait for the bullish season thereby making profit. And I did exactly that, converting part of my BTC fund to stablecoin.

But instead of the joy an investor derives after a smart business move, I felt like a betrayer. My conscience kept pricking me that I have done the wrong thing. As I was pondering over my actions and current state of mind, these questions flashed through my mind;

• Do you think swapping your BTC for stablecoin makes you are solution to Bitcoin bearish run or a contributor to the challenge?
• Do you fell that wishing or believing that the price of BTC should fall below $10,000 makes you a real fan of Bitcoin? 
• Can you comfortably publicize or speak good about BTC while you are ditching it?
• Is your love real, when you flee because of a temporal setback?

I stand to be corrected, but my answers to these questions proved that my move was not a smart one but a disloyal move. 

This is a valid question. But again, it depends from person to person. Some people view this solely as an investment and they want a return on their investment, so their coin hopping is just a move they make to get the most of it. There wasn't any loyalty, to begin with. Now, if you got into this with intentions of supporting the project, seeing it through, then switching to a stablecoin is really giving up on the project entirely. Can there be a middle ground where you can support the project but hop to a stable coin from time to time? Yes, but it depends on how often that occurs.