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Topic: Is it better to exchange your altcoins for dollars or btc? - page 2. (Read 3354 times)

full member
Activity: 644
Merit: 107
I think if you want price stability then exchange it  to dollars. because after all we will finally melt the assets into real money. actually it is a conditional problem, because if BTC is experiencing a price increase, there is no harm in you trying to exchange it for BTC but remember! BTC is very volatile, so the risk of big profits is the same as the risk of loss. Smiley
member
Activity: 348
Merit: 10
I would hold most of the assets in Bitcoin, monitor changes in the market, and in the event of a collapse, would convert all Bitcoins into dollars, thus saving some of the assets from collapsing.

Most likely you will, but I think this plan is only theoretical, once it starts to fluctuate, the amount you have lost is very much and cannot be counted. Although it is capable but still has many risks and in the immediate future is like that  Grin
member
Activity: 308
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
I think  exchanging to bitcoin is better, info exchange all my coin to Bitcoin or ethereum I have never exchange to dollar, maybe exchanging to dollar is also OK

I agree that it is only good when we exchange replacement money for Bitcoin, and on the dollar amount I am still thinking that it will lose money in the near future. Because now, any currency is tending to rise without dollar money  Cool Shocked
jr. member
Activity: 406
Merit: 1
If the coins that you hold are promising, then it seems to me that you should not change them for anything, it is best to leave them until better times!
sr. member
Activity: 793
Merit: 250
It was good, when Bitcoin and other altcoins were at All time high price, now when the price of cryptocurrencies is close to the bottom it is not the best strategy.
HODL and do not care, we all hope that we again see new ATHs Wink.
full member
Activity: 364
Merit: 100
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.
Personally, I always act on the same principle. Half of the cryptography I bring to Fiat, and the second half I keep in my diverse investment portfolio. For me, this choice is the most suitable and in case of failure of the coin, less ruinous.
full member
Activity: 720
Merit: 103
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.
Do not forget that at the beginning of everything new there is an IDEA.At the very beginning of the appearance of cryptocurrencies, many simply did not even think of selling something.Today, almost everyone only thinks how to buy cheaper and how to sell their assets more expensive.This was expected.At the moment, the cryptocurrency is already practically used as well as Fiat money.Therefore, there is no difference in what to keep your assets: in dollars, in altcoins or bitcoins. The boundaries between them slowly disappear.
full member
Activity: 490
Merit: 101
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.
If you are thinking about the exchange, then you need fiat money. Bitcoin in this situation will not be the right way for you. After all, the bears are still trying to throw him even lower.
newbie
Activity: 246
Merit: 0
If you want to exit then fiat. If you aim to consolidate your funds then btc
member
Activity: 238
Merit: 37
We cannot always change our altcoins to bitcoin because bitcoin is prone to volatility,so we need to be wise,at times you can change your altcoins to dollars just to save yourself of loosing some percentage of it to volatility.
member
Activity: 378
Merit: 10
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.

There are two camps of people and as you know, you hit the techies alive. For a long time there are disputes about this, but I am of the opinion that there is no difference.
sr. member
Activity: 1050
Merit: 377
I would hold most of the assets in Bitcoin, monitor changes in the market, and in the event of a collapse, would convert all Bitcoins into dollars, thus saving some of the assets from collapsing.
member
Activity: 158
Merit: 10
After you make a profit, it's best to sell them to usd. It is the safest option for traders because if you move to BTC, its price can go up and down at any time, should not be greedy and risky
sr. member
Activity: 1876
Merit: 259
both have their respective roles to be exchanged for dollars or with bitcoin.
not all of the needs we need can be exchanged by bitcoin but we have to have fiat to get it.
You can exchange altcoin to bitcoin as a safe investment, because the price won't be like an altcoin that can lose almost 90% in one night.
jr. member
Activity: 518
Merit: 1
It seems to me best to leave all your assets in the coins in which they are now and wait for the market to grow!
The market is already growing I think also that you need to keep your altcoins and wait for even higher prices, do not need to sell at the bottom
full member
Activity: 574
Merit: 100
I think its better if you exchange your altcoins for bitcoin compared to dollars. Bitcoin is more volatile than dollar therefore its a two way outcome, it can decrease or increase. If you're a risk taker, you should exchange it for bitcoin because you might earn more if bitcoin's value fluctuates higher. If you want your earning to be more stable, then choose dollars.
member
Activity: 296
Merit: 10
I want to utilize Bitcoin's for purchasing or moving coins. The thing about BTC is that it can acknowledge on long haul while exchanging utilizing dollars can be somewhat stale. Despite the fact that it is a lot more secure to utilize dollar when moving, I would in any case incline toward btc in light of the fact that it gives another chance to gain.
member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
I don’t think that many people will do this, for now a clear sign is to invest fiat money in cryptocurrency, because these prices will end soon. But as usual I can just be wrong. Time will tell, because today we have great opportunities.
jr. member
Activity: 238
Merit: 1
GIGZI - INDEPENDENT WEALTH MANAGEMENT
It seems to me best to leave all your assets in the coins in which they are now and wait for the market to grow!
copper member
Activity: 476
Merit: 0
It all depends on your wish. If you want money , then you can exchange in dollars otherwise investing in Bitcoin is still a good option.
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