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.
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Absolutely agreed. I would go for BTC too. The price is rather low now, but thats the thing with crypto.
Unpredictable yet calculative
Topic: Is it better to exchange your altcoins for dollars or btc? - page 11. (Read 3370 times)
I think it has to do with the market situation at that moment. If its dipping uncontrollably then the wisest thing will be to convert your altcoins to USDT which is a more stable coin. If the price of Bitcoin is appreciating, then it is wise to leverage your altcoins on bitcoin and in so doing, profit with the appreciation of Bitcoin. In all, taking a definitive step as regarding your altcoins depends on the price and reaction of Bitcoin in the open market. This is because bitcoin tends to control the direction of almost all altcoins. Check their past price movements and make your decision from there.
There are only but a few crytpocurrency exchanges that have trading pairs for Altcoins to Fiat. But it is still cool if a trader decides to exchange his/her Altcoin to FIAT because Fiat do not Depreciate in value like BTC do.
first of all it depends on your belief into crypocurrency and the crypto market in whole. if you believe in the crypto you should better to exchange your altcoins into the Bitcoin. If not - then ou should better exchange it into the fiat dollars. But personally I trust more to the Bitcoin and its future than in the fiat dollar.
It is not so important what you believe, what you know is important. After all, if you know that the dollar and bitcoin will collapse, you would prefer to spend these assets as soon as possible, maybe you would buy the necessary products and goods, which later would have much more value than money.
first of all it depends on your belief into crypocurrency and the crypto market in whole. if you believe in the crypto you should better to exchange your altcoins into the Bitcoin. If not - then ou should better exchange it into the fiat dollars. But personally I trust more to the Bitcoin and its future than in the fiat dollar.
I think it really depends of what you want to do with that money. If you have to withdraw and spend in real world it's better to change to $. On the other hand, if you still want to hold money in crypto, it's better to change to Bitcoin.
Yes, you are absolutely right, I probably would have done the same, but I do not understand how to do it now, because the prices for altcoins that I previously bought at prices that are 10 or 100 times higher than those that are now on the market and sell for such Cheap prices, I just do not see the point. I sell altcoins only when these coins and tokens are more expensive than the price at which I bought them. I do not think it is right to sell at a loss. Must wait.
It's stupid to do this because you have been difficult to buy at a good price and sell at a bad price. Unreasonable step.
I sell altcoins only when these coins and tokens are more expensive than the price at which I bought them. I do not think it is right to sell at a loss. Must wait.
I also choose bitcoin. I sell some altcoins if I see that the price suits me and then convert everything into bitcoin. But I still hold some altcoins. Those that I consider promising.
YES it is a hundred percent good for it.
But this is on base t base basis!
why is that? i will ask you... will you let your token slip and got the low value if your holdings got the best potential in the market?
this is what i am telling to everyone, make a research coz every crypto has its own project and potential.
But this is on base t base basis!
why is that? i will ask you... will you let your token slip and got the low value if your holdings got the best potential in the market?
this is what i am telling to everyone, make a research coz every crypto has its own project and potential.
if you are interested in crypto then investment here is good because you are mentally ready for it and through this we can secure our future like i want to be successful in this market so for that i will must come and buy some coins which has a good reputation in the market. i want to exchange altcoins to bitcoin because through bitcoin i can then exchange there to others.
Right what you say. If we will only exchange our crypto currency with fiat currency then in my opinion it is no different than before we know crypto currency. Crypto currency is available to provide convenience that cannot be done by fiat currencies. If we will only exchange it for fiat currency again then we cannot feel the benefits of the crypto currency freely. We better exchange our altcoins with bitcoin than with dollars because in the short term, bitcoin is still one of the potential coins. If we exchange it with a fiat currency then we will be cut off from the crypto currency. But if we keep exchanging for crypto currencies then we can still feel the benefits that this crypto currency brings.
On this falling market of course better to exchange to usdt.
You can rebuy so fast and increae amount of alts
well itos true but i doubt that it would work for every pwrson as diffeetn peopel have different plans for their businesses You can rebuy so fast and increae amount of alts
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.
tjere is no straight answer taht would be necessary amd yuseful for you and you need to know that you should know better what to do 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.
On this falling market of course better to exchange to usdt.
You can rebuy so fast and increae amount of alts
You can rebuy so fast and increae amount of alts
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.
its depend if you want to hedge the value of btc then you should convert your alts to usdt and wait for the dip like the current dip to buy more btc and bags of alts.. don't forget it is the $$ in which we value the price of btc so fiat is also important for the value estimation
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.
I think that at the moment it does not make sense to exchange your alternative currencies for BTC or USDT. I do not think that the market will continue to fall...
There is no universal solution for this issue. Everyone should have their own tactics and strategy.
For me ill exchange it to bitcoin because the price of it might go higher and exchange the some of it to dollars.
I think it really depends of what you want to do with that money. If you have to withdraw and spend in real world it's better to change to $. On the other hand, if you still want to hold money in crypto, it's better to change to Bitcoin.
An idealist would exchange altcoins for BTC almost every time while a profiteer will shave every penny out of a trade without hesitation.
I think that in this comparison I take the position of an idealist, because I always try to exchange all my savings for btc because I understand that BTC is a future and a future that is really better than today. Jump to: