It seems many people are speculating the rise of BTC and therefore are transfering value from alts to BTC. But if you want BTC, buy it with FIAT! Fresh new funds are needed on the market! You are dumping alts making prices dump hard and maybe are speculating you will be able to buy more of the alts later on, but what idiot will selll it to you at that dumped price?? So if you want BTC, buy it with FIAT or at least don't expect to buy back more of the alts for cheap!
This is wise, or at least seem that. I`m not hurry to sell my alternative cryptos stuff, because I still believe, that some of them could make me rich, when the market will recover fully. 
Topic: Don't buy Bitcoin with alts! - page 3. (Read 2412 times)
It seems many people are speculating the rise of BTC and therefore are transfering value from alts to BTC. But if you want BTC, buy it with FIAT! Fresh new funds are needed on the market! You are dumping alts making prices dump hard and maybe are speculating you will be able to buy more of the alts later on, but what idiot will selll it to you at that dumped price?? So if you want BTC, buy it with FIAT or at least don't expect to buy back more of the alts for cheap!
This is good advice in order to avoid alt price from falling. But how many of us can even afford to purchase BTC with fiat? I'd say a significant few. Not many of us here have the cash to invest into BTC. But there are many of us who can afford to convert alts to BTC. This is an option that traders usually choose over cash investment because it is more practical in their minds. Practical in a sense to reduce risk. 
I think Bitcoin will be much more valuable after the period of regulation. For the moment I do not think of investing in altcoins. I have two cryptocurrency I invested.
Hyundai Digital Asset Currency (HDAC) and Bitcoin (BTC)
Hyundai Digital Asset Currency (HDAC) and Bitcoin (BTC)
Unfortunately, most of the existing cryptocurrencies have not proved to be of practical use in real life, so it is understandable that many are using them exclusively as instruments of short-term speculation, and this is more evident during these bearish periods in which the dominance of bitcoin has increased considerably, as a clear signal that investors have found in the btc a safe haven in times of crisis.
Therefore I think it is not such a bad idea to exchange our altcoins for bitcoins, because experience has shown that in the medium term all the altcoins have tended to depreciate, thereby benefiting His Majesty Bitcoin.
Therefore I think it is not such a bad idea to exchange our altcoins for bitcoins, because experience has shown that in the medium term all the altcoins have tended to depreciate, thereby benefiting His Majesty Bitcoin.
It is very useful for new investors, instead of investing in BTC by exchanging from altcoins, the best way is to invest in paper money. This will help the capital of the market increase rapidly, and the exchange rate of altcoin is not reduced. So that you should buy BTC with fiat currency.
Probably watching the market direction would need to be blended with understanding platform tendencies plus homogeneous currencies.
So imagine a scenario where you don't have some other cash expect the one you have in cryptos. will you go and get fiat to contribute? I figure you won't encourage anybody to do that, the good thing is that when bitcoin is pump, it will make incredible promotion, numerous individuals with fiat will join then those cash been moved to btc will return back to altcoins again making the altcoins to go high.
I agree, the price of Altcoin is down. as well as bitcoin. then why do you sell altcoins just to buy bitcoin? you will get a little bitcoin. in fact, it's better you buy an altcoin with bitcoin. you will get a lot of altcoins by spending a little bitcoin.
Yep, it's same as throwing away profits and looking for losses. because, if the price of bitcoin rises and not long after that ,of course the price of altcoin also rises too, then the profit gained can be double. In fact that's often happens, who knows if that's an urgent need for some people or because of being forced. It seems many people are speculating the rise of BTC and therefore are transfering value from alts to BTC. But if you want BTC, buy it with FIAT! Fresh new funds are needed on the market! You are dumping alts making prices dump hard and maybe are speculating you will be able to buy more of the alts later on, but what idiot will selll it to you at that dumped price?? So if you want BTC, buy it with FIAT or at least don't expect to buy back more of the alts for cheap!
the post is absurd, you can't prevent someone from trading crypto. so basically buying and selling is common in the market, and when the market goes down especially for bitcoin it is not like a perspective as you say, basically bitcoin is the most expensive crypto and almost all transactions prioritize it.
I agree, the price of Altcoin is down. as well as bitcoin. then why do you sell altcoins just to buy bitcoin? you will get a little bitcoin. in fact, it's better you buy an altcoin with bitcoin. you will get a lot of altcoins by spending a little bitcoin.
this is certainly not a logical call. for example, btc loses 4%, while altcoins lose 20% (maybe more). in this case the loss is too much. it is very normal for people to make this change.
because Exchange rates may indeed be not comparable. While selling altcoin to buy a bitcoin, if we use for investment in altcoin. We will be more likely to benefit. Because of this nature altcoin is very easy to change.
Quite immovable administer apply here, its all rely upon condition and what coin the purchaser have, as if a purchaser have some alt coin which he hodl for long time yet not give benefit and in a similar time bitcoin value diminish then offering those garbage coin and purchasing bitcoin is savvy choice.
It seems many people are speculating the rise of BTC and therefore are transfering value from alts to BTC. But if you want BTC, buy it with FIAT! Fresh new funds are needed on the market! You are dumping alts making prices dump hard and maybe are speculating you will be able to buy more of the alts later on, but what idiot will selll it to you at that dumped price?? So if you want BTC, buy it with FIAT or at least don't expect to buy back more of the alts for cheap!
I don't see why anyone would want to use alts to buy bitcoin, you are just not getting enough value for your coins if you are doing that. If anything what you should be doing is converting bitcoin to the altcoins that you believe will end up doing good. You are right, it is better for you to buy the altcoins with fiat and later convert it to btc to cash out.
OK, I understand your concerns, but why should people hold their alts when they do not trust them anymore? That's very simple to transfer alts to Bitcoin and not lose any more money they already have lost. It's not real to convince people to invest more money.
Its better to buy btc with alts than tether! People will always move coins to safe whatever their trading strategy is. Its definitely better to have some liquidity in crypto trading, and usdt is just a heavy rock around our necks!
Truly, I concur with your sentiment. As you said that purchasing BTC with fiat cash will help. As of now the aggregate market top of all digital money coin is diminishing. This is because of numerous financial specialists who mendumping their tokens and pull back their speculation comes about on a huge scale. So should more individuals put resources into crypto like this.
In my opinion, if you have money and you wanna make investment, buy bitcoin or ethereum. Not any other crypto currencies! The market is too unstable recently.
I also agree with the above. Buying altcoins now with Bitcoin can be very frustrating in the future when BTC price will moon which we'll hopefully witness this year.
I saw that when the bitcoin price increased, they rushed to sell all their alts mercilessly and this made the price of alts drastically reduced. This is extremely sad. There are private funds to help Bitcoin easily without selling the alts but most of them are not being applied properly.
I understand XRP is a bank coin and nobody likes it. However, what we all think is irrelevant, it is use case and coins that have true institutional purpose that will succeed in the future. Do people actually think BTC will 10x quicker than XRP? So people actually believe BTC will hit $80,000 before XRP hits $4. Please guys wake up and smell the coffee, coins like EOS, Cardano and XRP are going to grow much quicker than BTC during the next Alt bull run.
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