Alts or Fiat? | Bitcointalksearch.org

N_toscare

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Quote from: IlfarIldarovich on January 23, 2018, 02:30:02 PM

It seems that the storm has passed , Yes, maybe even that it's a trick , and the market will go down . But part of the funds I bought altcoins , if you fall I'll still.

Yes, I agree, it seems storm has passed. now the course begins to equalize, grow up. Just a little patience. I have some ether and not going to sell it.

Jonsnowstark

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Given the value of alts now are very cheap, then its the best time to turn your fiay to alts. The alt market may be volatile but obce it starts to go up, it can multiply your investments to a hundred fold. It may take some time and a little patience for that to happen but it is entirely possible. Make sure what you're putting into is money you're wiling to lose.

BaeNaNa

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Cryptics

Quote from: tonmoycrypto on January 23, 2018, 02:00:27 PM

Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

If you manage to sell your bitcoin into fiat before the bear market then it's the best thing to do and you should watch the market carefully to enter again. But if the bear come so sudden that you are still holding alts, just keep holding and don't panic because the price will recover later. All market most likely will be down so fiat is definitely the best choice.

oegarod

sr. member

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If one has got the ability to predict the right altcoin for investment or for long term holding it is good than just keeping the fiat. Because, the value of fiat won't change with time, but with altcoins the growth is assured. None knows a time period when the price grows or goes low in value.

BlackPanda

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Quote from: tonmoycrypto on January 23, 2018, 02:00:27 PM

Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

I will choose to do hodl altcoin because then I have a chance to earn a profit, while if I do hodl fiat then I will not get anything. In fact the price of fiat is declining. So I think everyone who wants to earn profit will definitely choose alts as the main choice. Indeed this is definitely risky, but this is one way to lead to success.

akadiimamontov

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I prefer to divide the deposit into three parts. They are btc, eth and fiat.

noictib

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Quote from: tonmoycrypto on January 23, 2018, 02:00:27 PM

Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

In my opinion to work with everything is a better option to have profit . because I am that person who made trading for btc and etherium with Fiat only for 2 years ( at that time I was not knowing about the altcoins trading perfectly) , but when I comes to know about altcoins trading , then I just intermixed every possible trading and that results into lack of risk and made me comfortable to Ake trading very well and also I was happy to find that I am making trading with less chance of loss .
And also here I would like to tell you that altcoins trading is more profitable than with Fiat trading , but if we will use trading for the Fiat then with the single trading our profit % will remain better than what in short time we can.make in altcoins , so both of them have Thier own significance at Thier own place .

Vinz1978

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Quote from: ishta123 on January 23, 2018, 02:34:01 PM

I would say stick with your alts because the market is going to recover very soon.

Have faith

Good to choose Alts than fiat to have more chance to invest & earn big. While we need to learn to hold & sell in proper timing in the market. Risk is always there because in cryptocurrencies it's normally the Alts is in volatile mode.

Hannahanto

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Quote from: Praesidium on January 24, 2018, 07:32:39 AM

Quote from: cryptogeek101 on January 23, 2018, 07:43:40 PM

I have an amazing love for Altcoins since 2010 and can never go back to fiat. Altcoins is the big thing now. It's occupying the internet of thing through the Blockchain technology. It's a wonderful experience!

Ofcourse ill go Altcoin that fiat. Holding fiat will not get you anywhere, while holding alt coins can let you earn huge profits. So its really good to invest to an altcoin and hold it for too long to get much more profit. Im really happy that i invested at fiat earlier and now im happy with the results of my holdings

Like wise we do have lots of goods to come if you hold alts. Profits, easy and fast transactions, one time fees, peer to peer deal in transactions, well secured in wallets, need not to carry anywhere, no tax, no banks and so on. Altcoins values are increasing day by day though there are pumps and dumps. As the time moves on, certain percentage of price value to each coin increases. This is the sign of assuring a good turn over if they are purchased.

Praesidium

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Quote from: cryptogeek101 on January 23, 2018, 07:43:40 PM

I have an amazing love for Altcoins since 2010 and can never go back to fiat. Altcoins is the big thing now. It's occupying the internet of thing through the Blockchain technology. It's a wonderful experience!

Ofcourse ill go Altcoin that fiat. Holding fiat will not get you anywhere, while holding alt coins can let you earn huge profits. So its really good to invest to an altcoin and hold it for too long to get much more profit. Im really happy that i invested at fiat earlier and now im happy with the results of my holdings

cryptodagger

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It depends in BTC's movement if it is going to drop i will choose USD over altcoin and then buyback on the dip,while in the otherhand when the BTC will go up i will stick to BTC,in most cases i am pulling my investment from alts temporarily so i could prevent any lose.

carrymentality

newbie

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Quote from: wel24 on January 23, 2018, 02:05:32 PM

Much better to choose Alts because it will turn you into a millionaire once the price or value will up while fiat its value is still the same and will not increase for a seconds a minutes or an hour unlike Altcoins the price will up very quick but of course always put in your mind that decreasing its value is normal as price correction.Also choose the nice alts with a good project.

I agree. Since we're in the business of venturing in the cryptocurrency market, why would anyone actually choose and answer fiat. Alts could be a promising deal that crytocurrency marketers and investors can try because the amount you need to shed off as capital is not that much since many coins around the market are quite cheap and could be invested upon with a large margin for profit. However, I am not discarding the fact that fiat is still more reliable that some alts around, therefore, one must clearly identify which ones should be safer to invest in.

xsaints128

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If you can take the risk then you should be buying alts which are really cheap at this condition of the market so when the market goes bullish again you're gonna make a lot of money. And if you want to play safe then keep your money in Fiat but you'll be leaving a big opportunity.

Welckomtome

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Quote from: tonmoycrypto on January 23, 2018, 02:00:27 PM

Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

The usual stable drawdown

there is no ever growing market without drawdowns! The stronger the drawdown, the stronger will be growth

10000BTC

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Alts are the new revolution but with the new government interference and dummy taxes,
the best days for alts will be over soon.

unless something new come up.

bitor

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Its better to have bother fiat and alts, cause the world changes very fast and you need to have different variants of development

Cmoh

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Both the Alt and fiat are necessary for the trading and investment. It is very necessary because Altcoins are highly volatile and even more than 100% fluctuation occurs. So, you if you have the account in both the currency then during the collapse of Altcoin you can immediately convert to dollar or Euro or any other fiat that could be converted easily again to crypto.

Jarx

sr. member

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Quote from: hiddenmist on January 23, 2018, 03:20:04 PM

Quote from: tonmoycrypto on January 23, 2018, 02:00:27 PM

Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

Altcoin has a better chance that your money will grow while on fiat you will suffer a 2% inflation every year, one of the reason why bitcoin is invented, to fight inflation.

Firstly the inflation is differ for different currencies, some poor countries suffers of inflation really hard.
Secondly with altcoins you always has a chance to loose everything if that currency would pop one day.

Lacettivod

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Quote from: tonmoycrypto on January 23, 2018, 02:00:27 PM

Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

I sold 70 percent unpromising coins in December 2017. Left in the wallet Factom, Vee and Ripple. Of course I saved Bitcoin and ETH.

wildflower18

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Quote from: Emel-Hmel on January 23, 2018, 07:45:15 PM

In Fiat it was necessary to go out at the time when bitcoin was 20 000 dollars each. Now it's too late to sell bitcoin. Now we need to wait for growth and do not take any action.

At this time bitcoin drops from last year yes we have to wait for the growth and wait for it to recover it's value. Why sell in bitcoin if price is not yet recovering? So, let's wait for the price to go up for us to take profit. So at this point, alts is also good to invest this time due to value will increase but ofcourse those that are good coin. Much better in alts to diversify your investment than in fiat it has a big chance to grow your money.

Topic: Alts or Fiat? (Read 403 times)