Topic: Is it better to exchange your altcoins for dollars or btc? - page 10. (Read 3370 times)
You are right but with the way bitcoin and other altcoins lose their values makes people prefer to keep their money in dollars in stead of bitcoin, the space is so volatile
In order not to be influenced by market dynamics, it is better to diversify funds or even to transfer everything into a stable currency, stablecoin or dollar. If you do not trade this will help you survive the crypto winter.
in my opinion for now the best is to exchange to bitcoin, or keep hodl to altcoin such as etherum, ripple, or cardano. because the market is currently falling and is very unprofitable if it is exchanged for dollars or other fiat money.
I prefer to convert it to bitcoin than fiat. Fiat is not an investment, and the value will keep the same for few next years. But if you hold Bitcoin, the price will increase some day. Just hold it and even if you need fiat for life, you can cash out at any time.
At the moment it is better to convert your coins into money because the main coins, including Bitcoin, are falling and it is not profitable to transfer your coins to Bitcoin, maybe in 2019 it will be more profitable 
For a regular trader, exchanging altcoins to dollars or btc is just another tool of earning money.
Exchanging your coins to dollar in decreasing market would earn you money as well as buying back coins on an increasing market.
But you should be able to decide when to jump in and jump out. A planned and calculated action would yield better.
Yes that is a very good idea but when the market is going down then in that situation we do not have to think for ourselves but we have to support Bitcoin and our coins by holding them. If we all will hold them then the market will not go down and our assets will not face a low value. Exchanging your coins to dollar in decreasing market would earn you money as well as buying back coins on an increasing market.
But you should be able to decide when to jump in and jump out. A planned and calculated action would yield better.
Yes, we are in the crypto space, because we have zeal for digital currency, such as cryptocurrency, but that does not mean we should not make use of other options available.
I have been making use of fiat before i eventually got to know about cryptocurrency. So to suddenly neglect fiat and continue to make use of crypto alone might nit be easy.
Also, government needs to provide an enabling environment, where cryptocurrency can be used without any hitch.
I have been making use of fiat before i eventually got to know about cryptocurrency. So to suddenly neglect fiat and continue to make use of crypto alone might nit be easy.
Also, government needs to provide an enabling environment, where cryptocurrency can be used without any hitch.
But we all know that we have to spend fiat for daily life, using cryptocurrencies is impossible. So put 5-10% your asset in these is ideal.
Even if it can be predicted with a 100% probability, most people will not believe it all, they will hope that everything will be fine until the last moment. And then they will only regret.
In any case, what assets to keep the funds depends only on you.
In any case, what assets to keep the funds depends only on you.
It depends on what kind of coins you hold. I think that if the market soon starts a wave of growth, then the altcoins will grow stronger than Bitcoin.
I think it's easier to trade for bitcoin. All professional traders use bitcoin in trading. Dollar is usless in cryptomarket. All exchanges have trading pairs with bitcoins not dollar.
Yes of course. But you need to have some experience in this to make good profit from low altcoins. If you had some coins, which in market recently - just sell them quickly.
It seems to me that now it is more profitable to exchange your coins for dollars. This currency is much more stable than Bitcoin.
If people know that the market will fall then it is a must.
But if humans know the fall and can predict it with 100 percent accuracy then BTC or cryptocurrency will have zero value.
Before the fall everyone will sell their tokens for USDT.
All i know, now is the time to buy more.
But if humans know the fall and can predict it with 100 percent accuracy then BTC or cryptocurrency will have zero value.
Before the fall everyone will sell their tokens for USDT.
All i know, now is the time to buy more.
I exchange only with bitcoin or ethereum and i think most of the People's like to do it. But you have to decide your own perception because if you need fiat money to pay for any reason. But if i have no need Fiat money so always i chosen those 2 favourite coin. But sometimes i exchange altcoins for neteller or skrill money those are stable currency.
I like the EXMO.com exchange the most. She is still young and there is a small amount of trading for some coins. However, I like the size of commissions and the speed of deposit / withdrawal of funds.
I think converting altcoins is Bitcoin is better than dollar because dollar price movement is not much in the last some years, where Bitcoin price will definitely provide huge profit soon. Bitcoin price movement is more than dollar. So it's clear, bitcoin is my choice.
Only if bitcoin movement is move in the right direction, imagine if it's drop then an altcoin value will also reduced. However, dollar is dollar, dollar is the Real Currency that accepted arround the world, if you have it you can live where ever you want in the world. He's also the most stable. I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.
We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.
We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.
Personally, I have seen crypto providing me the opportunity of securing my fiat for future sake. Rather than having all fiat which may prompt me to go and safe in banks again, I'll rather have it in crypto. It's actually a good innovation..
I think converting altcoins is Bitcoin is better than dollar because dollar price movement is not much in the last some years, where Bitcoin price will definitely provide huge profit soon. Bitcoin price movement is more than dollar. So it's clear, bitcoin is my choice.
We have to exchange our altcoins to dollar or BTC as it is not vast acceptable & for daily needs we have to exchange it. But we should exchange more in to BTC as its price will rise soon & we will gain good profit. It all depends on the mind & belief of a person how much he is inspired from crypto.
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