Topic: Is it better to exchange your altcoins for dollars or btc? - page 3. (Read 3370 times)
I don't think all altcoins need to be exchanged for bitcoins or dollars. Perhaps those altcoins in which you do not see the potential to sell but you can exchange them for bitcoin but not for dollars. I Believe that this is the right decision, especially as the bitcoin rate begins to grow.
Here everyone decides what to do with their savings,I personally would not do this,altcoins can give a lot more profit,and they have sank very much,and many say that the spring of the Altos should be,but so far we have not observed it,so everything is ahead,and why sell at a loss,when you can wait and sell on growth?
There is no single choice, depending on the current price of Bitcoin, which is now in a bear market. I think it can be considered for exchange of Bitcoin, because Bitcoin is cheap enough. If it is in a bull market, it may be more profitable to exchange dollars.
I think if you change altcoin to dollar has the advantage that your assets are safe in the form of FIAT but if the altcoin price rises you have a loss because you don't get more profit, whereas if you change altcoin to Bitcoin then there are several advantages:
1. If you want to continue trading you can allow your balance to increase by 2x because when the price of bitcoin rises then the altcoin will rise too
2. minimize losses, when the price of bitcoin goes down then the USD pair has a loss of more than 10% and the BTC pair is less than 10%
3. Can be used as a long-term investment
1. If you want to continue trading you can allow your balance to increase by 2x because when the price of bitcoin rises then the altcoin will rise too
2. minimize losses, when the price of bitcoin goes down then the USD pair has a loss of more than 10% and the BTC pair is less than 10%
3. Can be used as a long-term investment
You need to try other coins than Dollar or the Bitcoin. Because when you make withdraw the USD and BTC is very expensive transaction fees. I usually make withdraw with ethereum or DogeCoin. For example in exchange if you withdraw BTC, they cut you 0.001 and it makes $3.80 but if you withdraw with dogecoin they cut from you 2 Doge and it makes $0.005. Can you see the difference?
As someone who is sure of bitcoin, I trust Bitcoin more. in my opinion the opportunities that we might get are very large. investing in bitcoin gives us a huge opportunity compared to investing in usd. look at the development of bitcoin, the price increase that occurs can increase up to hundreds of percent. we just need to wait until the best momentum arrives. take advantage of every momentum and we will get a big profit.
It is better to exchange altcoins for dollars if we are on a bear market so that you will not have loss. Better to buy bitcoin if you feel that bitcoin is at the dip and will start to bull run. You must make your correct decisions.
Exchange dollars is more suitable for traders or hunters who like to stabilize income, but I am a greedy person, I prefer to choose bitcoin, because it can make me profitable, and I am willing to bear the risk of loss.
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.
It's a two way thing don't you think? In times as we've been for a year now if one stayed in USD by this time last year, they could've bought more Btc with their USD in December last year. The thing is know when to stay in USD and when to stay in Bitcoin. 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.
keep the best option as dollar. Keeping dollars in the bear market always makes more sense. even bitcoin does damage. The best option is to keep stabil coin or usd. I bought dollars while bitcoin 5k.
Exchange altcoins for dollars or bitcoin is a bad idea, the dominance of bitcoin is too strong because most people buy bitcoin with altcoins not with dollars or other fiat, this is what causes the market to be red and marketcap continues to decline, I hope not to exhange altcoins for bitcoin or dollars.
I am hodling only Bitcoin and the some of the main alts ( ETH, LTC) at the moment. BTC
Of course it is better to exchange for BTS, in my opinion, undoubtedly the profit gained from Bitcoin will be many times more than from the dollar
Well, I do not think many altcoins are now beginning to grow , and bitcoin is in place , I think that it is not necessary to exchange better now to be in altcoins you will be able to make a maximum profit 
It's best to have several altcoons and hold them instead of exchanging to Btc or dollars. Because having an altcoin is more profitable than having a dollar. Because the dollar price is certainly stable. But if the altcoin price can continue to rise.
If you're just a newcomer, I think you should trade with dollars because it will help you limit the risk when the price of bitcoin decreases! After you trade with dollars for a while and you understand the market , you can trade with bitcoin
Sometimes it makes sense to change cryptocurrency to fiat money. For example, when the price of all coins falls. In this case, if you buy dollars, you will be able to buy more of the bitcoins back after a while.
I prefer exchange to bitcoin than the dollar, even though in 2018 there was a downward trend in bitcoin and altcoins but I am optimistic that 2019 can recover and we can party again at the end of the year.
In my opinion, the most optimal option to exchange them for Bitcoin, or not touch at all, but leave everything as it is, because the time will come and the market will recover and the coins can make a profit.
I think that as a hunter, selling rewards and converting to fiat money can effectively stabilize income, but as a trader, I prefer to hold bitcoin for profit.
Of course it is better to exchange for BTS, in my opinion, undoubtedly the profit gained from Bitcoin will be many times more than from the dollar
Do I also support your opinion on BTC? because it is this today that is the way out of the situation, especially when the market is really at such a serious bottom as today. Everything will rest only on your greed. As soon as you overcome its market, it will immediately seem different to you. Jump to: