Topic: do you sell your bitcoin or convert to usd? - page 6. (Read 2719 times)
I think the word "sell" means to convert bitcoin into some kind of fiat already. I sell my bitcoins weekly no matter about the price. Move everything in RUB (Russian currency) and send to my debit card. That's how I live
do you sell your bitcoin or convert to usd?
If I have a few dust about of bitcoin in my wallet and I'm seeing the price going down, then I convert my bitcoin to my currency and If I'm seeing the price going up then I convert it back to bitcoin. But for my other wallets that have a bigger amount, I don't convert it but instead just hold on it and I'm not worried if the price is going down. I'm in for the long haul and I would rather hold on my bitcoin instead of panic sell it.
Im not selling btc Im just holding them safe on my personal wallet but when there are times I need cold cash amd decide to take from my btc I am converting it directly since my wallet have that feature.
Initially, I was doing this quite often because I needed cold cash for my offline business. But now since my offline business is doing great, I'm no longer converting my bitcoin but instead just continue to hold. I just convert dust amounts, coming from my gambling activity. But my main wallet, I don't touch it very often, unless I needed money for emergency.
Im not selling btc Im just holding them safe on my personal wallet but when there are times I need cold cash amd decide to take from my btc I am converting it directly since my wallet have that feature.
I don't sell my bitcoin permanently, i do trade them in an exchange and i always try to play with the volatility of bitcoin and i just continue doing it until now and i don't sell bitcoin if i don't really need the money. I just sell bitcoins when my savings in my bank account goes too low so i can add some funds in my savings for future expenses.
That's right selling bitcoin all the time reduces the allowance to increase because as we all know it fluctuates most of the time or it changes the rate. That's really nice idea of yours. That's one of my plan, to add up my funds because it's been awhile since I stop depositing some amount of my account. I believe that saving money is the best way to set goals for the future needs. So I hope it will pump more so that I can start a business that is all about bitcoin. I can also help other people about this who also try to live normally they can for survival.Well the same for me also but btc is my main currency any altcoin i traded always comes back to btc if im going to withdraw it. I dont think my country still has a direct withdrawing site from usd but it supports btc to peso. sometimes also get bored playing around an exchange site so i would just leave it there in the market until the price reaches my bid. I hope bittrex could also support BCC trades to any other altcoins. Maybe a lot would also invest in bcc by then.
I don't sell my bitcoin permanently, i do trade them in an exchange and i always try to play with the volatility of bitcoin and i just continue doing it until now and i don't sell bitcoin if i don't really need the money. I just sell bitcoins when my savings in my bank account goes too low so i can add some funds in my savings for future expenses.
That's right selling bitcoin all the time reduces the allowance to increase because as we all know it fluctuates most of the time or it changes the rate. That's really nice idea of yours. That's one of my plan, to add up my funds because it's been awhile since I stop depositing some amount of my account. I believe that saving money is the best way to set goals for the future needs. So I hope it will pump more so that I can start a business that is all about bitcoin. I can also help other people about this who also try to live normally they can for survival.
I don't sell my bitcoin permanently, i do trade them in an exchange and i always try to play with the volatility of bitcoin and i just continue doing it until now and i don't sell bitcoin if i don't really need the money. I just sell bitcoins when my savings in my bank account goes too low so i can add some funds in my savings for future expenses.
I will be a hypocrite if I say no.
Of course I do. I have the panic mode also which makes me scared sometimes when the bitcoin price is dropping.
I trust bitcoin but I dont trust myself and that is one hell of a problem.
But I dont do it all the time. There are circumstances that I will just close my eyes and leave it. Bet that it will come up again and maybe buy some more.
There are also things that I buy which cannot be bought using bitcoin so I need to withdraw it.
Of course I do. I have the panic mode also which makes me scared sometimes when the bitcoin price is dropping.
I trust bitcoin but I dont trust myself and that is one hell of a problem.
But I dont do it all the time. There are circumstances that I will just close my eyes and leave it. Bet that it will come up again and maybe buy some more.
There are also things that I buy which cannot be bought using bitcoin so I need to withdraw it.
do you sell your bitcoin or convert to usd?
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