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Topic: Alts or Fiat? - page 2. (Read 461 times)

full member
Activity: 510
Merit: 102
January 23, 2018, 06:52:00 PM
#37
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!
Yes, Altcoins is very good and important things in a crypto world because it can give us an opportunity to become rich so as for me i'd rather choose them both because through Altcoins i can make more fiat that i can used in my daily needs or even buy something that i never have.
member
Activity: 173
Merit: 12
January 23, 2018, 06:50:46 PM
#36
I think the question should be BTC and ETH or Alts.

Fiats are out. If you are moving between crypto and fiats, first of all there is a lag and there are also associated fees. Unless u are moving into USDT to weather the storm.

In this market now, BTC and ETH is stablizing around 10,000 and 1000 respectively. It is worthwhile to think about which alts to get into as many have been oversold to very cheap levels.

The Korean situation is now clear. The govt just want to ban anonymous trading and prevent money laundering and at the same time, collect taxes. The latter being the most important.

A taxation on crypto implies that S.Korea is recognizing the legitimacy of cryptocurrencies as an asset class. This is very good news and once all the players in the crypto market realizes this, the market will continue to recover.

With the recovery, will u be buying BTC & ETH or will u be in alts? fiats is out of the question as it is inflationary and u lose money holding it.

If u want just stable growth and want to be able to close your eyes for 2018 and see the returns by end of the year, ETH is the bet.

But if you heart can withstand the ups and downs... alts offers the best bang for returns.

i personally bet small on alts while holding big on ETH and NEO.
member
Activity: 294
Merit: 11
January 23, 2018, 06:45:15 PM
#35
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.
sr. member
Activity: 798
Merit: 250
homt.net
January 23, 2018, 06:43:40 PM
#34
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!
full member
Activity: 532
Merit: 132
January 23, 2018, 06:41:26 PM
#33
Crypto currency is best when compared to fiat because the value of fiat tends to lose as the days passes but most of the cryotocurrency gaining its value by the days.
But still cryotocurrency is considered as investment not yet ready for day to day usage so it needs more time to know which is best in terms of using as currency.
I agree with you, Cryptocurrencies are always better than fiat, I don't say all crypto of course but the most of them. When we compared fiat with cryptocurrencies, we talk about the value and stability. For example bitcoin's price is too much compared to any fiat, but it's too fluctuate. There are a lot of advantages to using cryptocurrencies, for example, trading is very good. this high none-stability of altcoins are so good for traders, they can earn so much money with this high fluctuations of the price of each coin.
full member
Activity: 259
Merit: 100
- "Bitcore (BTX) - The Future is Now"
January 23, 2018, 06:37:09 PM
#32
If you like to take a risk hold it in alt's or even buy some extra.
If you want to be sure just put it in fiat and wait for a month , but you are risking the chance to buy cheap now.
hero member
Activity: 882
Merit: 517
cloverdex.io
January 23, 2018, 06:32:37 PM
#31
I will go with altcoin because the price is low and with small fund you can own a large volume of the altcoin. Once the price goes up  you are sure of a reasonable profit.
Yes the trend and people interest is now changing, they are now taking more interest to invest money in altcoin, in fact there are so many altcoin which have low price  and one can support to buy big amount of that currency and which can comparatively give you a good profit. Therefore people are now taking more interest in trading altcoins.

After being into crypto community and being part of sharing and supporting cyrpto currencies, i understand and feel the need of crypto currencies now. I have even lived my life earned through crypto currencies. Gained more in crypto than in fiats. Lots and lots of benefits out of holding or living with crypto currencies. Fiats do help in current situation, but when its compared with crypto, crypto would take over its own standard than the local fiats.
hero member
Activity: 700
Merit: 500
January 23, 2018, 06:21:43 PM
#30
I will go with altcoin because the price is low and with small fund you can own a large volume of the altcoin. Once the price goes up  you are sure of a reasonable profit.
Yes the trend and people interest is now changing, they are now taking more interest to invest money in altcoin, in fact there are so many altcoin which have low price  and one can support to buy big amount of that currency and which can comparatively give you a good profit. Therefore people are now taking more interest in trading altcoins.
newbie
Activity: 76
Merit: 0
January 23, 2018, 04:00:34 PM
#29
I'm sure you've heard of a diversified portfolio..
sr. member
Activity: 542
Merit: 250
January 23, 2018, 03:57:19 PM
#28
Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

If you could not sell, when prices were high, and you are in bitcoins, then there is no point in selling at that price.
I keep 30% in the bitcoins, and I never leave, even if it falls very much. Fiat also it makes sense to keep for such cases.
full member
Activity: 434
Merit: 100
January 23, 2018, 03:19:43 PM
#27
Hold one part of the capital in altcoins, another part of the capital in bitcoin or the ethereum. So you will more easily survive the storm in the market. During the last storm, I had only altcoins and I was sad. Undecided
full member
Activity: 448
Merit: 100
January 23, 2018, 03:19:24 PM
#26
Better to weather the storm in BTC, ETH, . if bearish on the whole market then .

There is no guarantee when it comes to investing in altcoins. Sure it might be bearish but it is going to turn bullish.
member
Activity: 350
Merit: 39
dApps Development Automation Platform
January 23, 2018, 03:08:41 PM
#25
I say altcoins becose it can go x100,x1000 but fiat stays on place or go lower the price..if u panic to lose all ur money or alts always is beckup path like usdt.
member
Activity: 322
Merit: 10
January 23, 2018, 03:07:37 PM
#24
It is very dangerous to buy alt coins during the fall of bitcoin. They usually fall even more than bitcoin. And then they grow very long. I recommend that you wait out the storm in Fiat.
full member
Activity: 1498
Merit: 146
January 23, 2018, 03:07:03 PM
#23
Crypto currency is best when compared to fiat because the value of fiat tends to lose as the days passes but most of the cryotocurrency gaining its value by the days.
But still cryotocurrency is considered as investment not yet ready for day to day usage so it needs more time to know which is best in terms of using as currency.
full member
Activity: 658
Merit: 102
January 23, 2018, 03:05:12 PM
#22
I see that everything is uniquely chosen by the Altkoins in this situation and this is the right decision, which, moreover, is obvious. Altcoins, if properly invested in them, will definitely make a good profit this year. This can not give a single fiat. In the work with the altkoins, theoretical knowledge and practical skills are very important, then success will be ensured.
member
Activity: 199
Merit: 10
January 23, 2018, 02:20:04 PM
#21
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.
member
Activity: 350
Merit: 10
Global loyalty & rewards
January 23, 2018, 02:00:33 PM
#20
Better to weather the storm in BTC, ETH, . if bearish on the whole market then .
Why do you think the market is bearish? Since October, the Crypto currency has grown very much, and now the price is quite high.
legendary
Activity: 1372
Merit: 1001
January 23, 2018, 01:56:07 PM
#19
During a grand correction the best solution is to move the crypto to fiat or USDT. It's obvious that if the market falls sharply you will have the opportunity to buy more cryptos. As soon as the market begins to recover you will be able to enter crypto again.
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
January 23, 2018, 01:38:54 PM
#18
It really depends on the situation. Once Bitcoin price started decreasing in Novembet after all time high, altcoin prices started increasing because they had become so cheap since the huge increase in Bitcoin happened. Altcoins reached their previous all time high prices in approximately ten days. Then bitcoin price kept falling and altcoin prices followed bitcoin. Because most of the people were not expecting such a massive decrease in bitcoin almost 50%
I think we are really in a critic position. If you think bitcoin will keep decreasing maybe it is better to keep fiat now, because altcoins may not resist such decrease in bitcoin since it will be considered as a trust issue to all cryptocurrencies
The area right now is not that critical because the price is due to people purchasing it while getting used to the coding that Bitcoin has.
Bitcoin works, so it's not going to disappear.
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