Pages:
Author

Topic: do you sell your bitcoin or convert to usd? (Read 2741 times)

legendary
Activity: 1428
Merit: 1000
August 24, 2017, 06:57:37 AM
I don't sell or convert my bitcoin because I want to hold it for years because I know the price of bitcoin will be more than of what value it has right now. I don't want to settle for less I am aiming for big return from my investment.
That’s cool! I guess you know about the real powers of bitcoins very well. Bitcoins should be treated as an asset than as a currency to enjoy huge profits. Bitcoins are definitely going to increase manifolds in price in the coming years. I can bet you will be among the new millionaires soon.
Everyone knows this truth, and Bitcoin will rule all digital currencies in coming days. So it will never come down and keep on increasing. That is why all are holding bitcoins. Converting bitcoins to USD only when I need money. Otherwise, i will keep it in my wallet. Some coins will invest in altcoins. I am not worried about my investment bcz I know it will come back with profit in future.
hero member
Activity: 840
Merit: 516
I don't sell or convert my bitcoin because I want to hold it for years because I know the price of bitcoin will be more than of what value it has right now. I don't want to settle for less I am aiming for big return from my investment.
That’s cool! I guess you know about the real powers of bitcoins very well. Bitcoins should be treated as an asset than as a currency to enjoy huge profits. Bitcoins are definitely going to increase manifolds in price in the coming years. I can bet you will be among the new millionaires soon.
full member
Activity: 840
Merit: 188
do you sell your bitcoin or convert to usd?
I trade it with fiat and alternative coin, which I feel I can get profit that is my choice.
full member
Activity: 658
Merit: 103
do you sell your bitcoin or convert to usd?
No I don't. I saving all the bitcoin that I earned because I believe it will become valuable. I think I will sell it 5 years from now because I prefer long term investment. I can say that long term investment is really effective.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
to me i first convert bitcoin in to USD and  after that convert it in to fiat currency.

Uhm, i don't think there's a difference when you convert btc to usd then convert to fiat. Usd is the main fiat currency so how do you suppose to do that. Converting to usd and selling is pretty much the same thing
legendary
Activity: 1120
Merit: 1000
do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
to me i first convert bitcoin in to USD and  after that convert it in to fiat currency. in fact in my area we do not have such facilities to use bitcoin for shopping or for any other activities in our local area therefore we first convert bitcoin in to our local currency and then use it for shopping or whatever else we want to buy.
full member
Activity: 672
Merit: 144
do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
In fact, there are some nuances that do not wait when the price of Bitcoin rises higher. If a person has Bitcoin and other crypto currency, they are the main source of income, then bills need to be paid at a certain time and therefore Bitcoin must be sold when required. Therefore, there are certain amounts for investment or storage, and there is also a quantity for transfer to dollars.
newbie
Activity: 23
Merit: 0
I convert to USD or to other cryptocurrencies usually. Mostly to USD though if I'm going in that direction.
MMA
legendary
Activity: 1134
Merit: 1000
do you sell your bitcoin or convert to usd?

Part of my bitcoin is used in trading,  I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity  to hold my bitcoin for such a long time but unfortunately some time  I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
sr. member
Activity: 378
Merit: 250
Well, yes. Everyone does sell their Bitcoins when they needed money otherwise there is no reason to sell as everyone know that the price of BTC is still undervalued. The only people who sell Bitcoins without reason is panic sellers.
Peole have different reasons to sell bitcoins, for example  that they need to sell either to convert it to fiat or to convert it to some other currency for the purpose of trading. Also in time of panic when the prices goes low and when some people find that  price is going down so they become panic due to these reasons which makes them sell their coins. Otherwise I don’t see any other reason due to which people sell their bitcoin.
sr. member
Activity: 496
Merit: 250
Ceck me in livestream twith
first banking more btc and after that is ok converted in usd
full member
Activity: 448
Merit: 100
Lets Go Adab
I use bitcoins as my source of living and trading some of it. I used to work on a signature campaigns and do white papers and as  i earn bitcoins, I have tried to study about trading and how it works and it turns me into a trader because u can gain money easier but just a small amount and that amount is already enough.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
do you sell your bitcoin or convert to usd?
This will depend upon the conditions that will happen for me during the trading because we need to go through the usd because of the onl reason of the two factors .
First factor is to have only usd for thr making deals or we need usd to oay someone and second reason may be to make the stable of your investment  in the bitcoin .
Usually most of the times i faced such type of conditions and also i made changed my btc into usd to make its price stable for long time ( beofre the two weeks of the hard fork .
And i think here herr it is brttrr option for js to have usd instead of cash in some cases because to sell for fiat for direct deal is not safe thing but at exchange direct change into usd is better option and we can still make trade with that usd with another coins .
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
Of course, i always sell half of profit i get from bitcoin to fiat every friday. Because, i feel worthy of being paid online to pay for electricity for example or for time i spent sitting in front monitor. And bitcoin is my best job.
sr. member
Activity: 728
Merit: 252
SmartFi - EARN, LEND & TRADE
I try to save my bitcoins as long as possible and don't sell it but if I am in urgent need of cash and I don't find any other source to get fiat then I sell some of my bitcoins and convert it to my local currency as in my country I can't use USD anywhere for buying things offline so I sell my bitcoin and get fiat currency transfer to my bank account.
sr. member
Activity: 434
Merit: 252
If I sell more bitcoin than currency conversion including USD. Because the need can not be postponed rather than save in the form of money is better on sale for the necessities of life.
legendary
Activity: 2030
Merit: 1028
I'm usually convert bitcoin into my loca currency but for some time, I'm hold bitcoin because my currency still weak against dollar
Luckilly I've local exchanger that support this !
hero member
Activity: 1302
Merit: 503
I sometimes do whenever the need arises. Usually during emergency situations or when there is no other source for me to get funds, then there's no choice for me but to sell some bitcoins. I also take advantage whenever the price goes up. Bitcoin has allowed me to have some extra fiat money. Some people consider Bitcoin as a job and a source of daily income, so they probably sell or convert it regularly. They use it for their daily expenses like for their bills and other assets. But I'd rather not sell it, because I intend to hold my bitcoins for long term use.
- I also just sold my Bitcoin in real situations of emergency, and every time I sold, I feel very sorry when the price of Bitcoin continues to rise, so I am very limited myself to fall into this situation. Normally I convert bitcoin into usd to buy altcoin, especially when the price of Bitcoin achieve the highest possible value, this is a good time to convert and accumulate altcoin.
sr. member
Activity: 1022
Merit: 256

For me and also because I believe in bitcoin I will just hodl it dearly. Maybe withdraw some if I need some cash but most of my bitcoins are intact. I also do trades with altcoins to gain more bitcoins.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
do you sell your bitcoin or convert to usd?

I thought selling means that you sell them to usd or any other fiat currency. In this case, i don't sell them. I trade them sometimes to other alt coins if i feel that i might get profit, but usually i just hodl them for more, in my opinion it would be really silly to sell them now.
yeah its really not a right time to sell bitcoin as fluctuation keeps happening so better to hold or buy coins which you can get some good chances to
grow your bitcoin but if in case to case basis I usually sell my bitcoin directly to my fiat.
Pages:
Jump to: