Topic: Is it better to exchange your altcoins for dollars or btc? - page 24. (Read 3354 times)
It depends on my current financial needs and if I wish to reinvest the amount into crypto after selling a coin. If I have no interest in exchanging it for another crypto I will prefer to exchange it for fiat.
Actually im storing my cryptocurrency, I dont even have fiat money. That why my parents gets angry anytime we visit malls and groceries, I spent all my money on cryptos and if I buy some stuff I use credit cards. I know I took risk on this one.
It depends on my condition at that time. If I don't need cash in that very hurry up time, I will definitely exchange our coins with the Bitcoin. BTC will make us have the great investment. We can get the profits from the BTC. However this decision will give you risks, too. You may lose your money because of dropped BTC price. So, it will depend on your decision. I myself will turn it to BTC first.
If you exchange them for some usdt, tusd, usdc... You are still exchanging it in crypto, and you are not damaging market cap. Thats in the case you are afraid that btc would go down. If bitcoin go up, than you lost your money no matter if you buy dollar or crypto dollar!
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.
Everyone of us have different goals/strategies on how to deal with cryptocurrencies but i think we are all here for the profit. If we want to spend our crypto in real life then we would convert if dollars for it to be usable as crypto is not yet fully adapted to the real world. 
I stick to certain tactics earning in the field of cryptocurrency . At the moment, its price is too far from its peak , which it reached . Therefore, in order not to lose profits opredelennye Finance I hold in usd on daily expenses. Other investments in btc and eth , but this is a long term investment.
That's a very difficult question. In order to answer it, you must look at the overall situation in the cryptocurrency market. Sometimes it is more profitable to buy dollars.
It all depends on the situation and the position of the market, but I think that now it is still worth changing to Bitcoin or Ethereum.
How much more better do you need than turning what you have to dollars since we all want to spend and only few places accept crypto as payment, but how many altcoins do you think have the usd pair just few of them did then why not going through btc for easier way..
Bitcoin has been less volatile these days it has maintain $6,000 level for very longtime when it use to be more volatile it isn't advisable to convert $ to bitcoin especially in bear market.
I can't speak for most, I can only speak for myself. For me now it is important to earn money to provide my family with everything necessary. So if possible I will change bitcoin ha dollars
If you are planning to enter the market again then without a doubt buying bitcoin is a better idea since it will allow you to buy altcoins again when the bull market reappears, but if you want to get out of the market and you have no plans of coming back then it makes sense to sell your altcoins fro dollars however it is very likely that if you do that you are going to regret your decision of not holding your coins because there is a very high probability the market is going to recover.
It depends on what you want to get from the holding of the Bitocin. Personally I would recommend to exchange altcoins into Bitcoin and to trade on short.
you should exchange your altcoin to Dollar . Bitcoin always fluctuate in the bear or bull market , but the USD is always constant . and also Bitcoin is not yet accepted by the mainstream neither mass adoption of cryptocurrency has occur. it is safe when you withdraw USD to local Bank account because it will be difficult to hack and even though the bank is hacked, issuance has cover you and you dont have any thing to worry about unlike Bitcoin , when an exchange is hack you loose every thing, that's just my opinion and observation so far.
I decided to exchange my ripples into BTC. This way I have more chances to earn money on trading. Other coins are too unstable and I am afraid to work with them 
At this stage, I think that it is better still on BTC. Because now its price is significantly understated. USD is no longer relevant
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.
If you stay in the game. Better bitcoin. At least he will give good dividends. Of course, this is all in the long run. But I will choose bitcoin. The question is if you withdraw money. Where to invest them?
It is a decision that we must take according to the results of our research and reductions to the market. It would be better if we have the assumption that the market will decrease further so we have to exchange our coins for fiat, but if we remain optimistic then choosing bitcoin will be a good choice.
I think it's very reckless to keep all the assets in the altcoins. But keep them in bitcoin is also not the best option, then there will be no opportunity to buy during the correction. I hold 60-70% in bitcoin and about 10% in altcoins , last part - in stable coins or fiat.
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 you think bitcoin will go down ? Then putting your money into dollars is the better idea. Do you think bitcoin will go up ? Then putting your money into bitcoin is a better idea. 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.
It is up to you to decide if putting your money into dollar or bitcoin is a better idea depending on what you believe bitcoin will do.
I put my money into bitcoin because I believe after all these months of stagnant prices there will be a time when bitcoin goes up really high and make me money. Recently it dropped a bit more meaning I think bitcoin is ready to skyrocket soon. If that happens than I will be in good hands and have more money, if I am wrong and the price drops even further than I will be screwed and my money will shrink even further than it already did. It is a bet on the price of bitcoin, you bet whichever side you think will win.
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