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Topic: sell bitcoin to buy fiat or altcoin? - page 14. (Read 15891 times)

copper member
Activity: 140
Merit: 0
August 08, 2018, 07:01:02 PM
we all invested on good and promising altcoins that we believe is the best coin.
full member
Activity: 479
Merit: 100
Enter the future of gaming
August 08, 2018, 06:53:14 PM
When the market begins its recovery bitcoin is usually the first one to grow. Therefore, I would recommend everyone turning btc into altcoins on the wave of growth.
member
Activity: 205
Merit: 10
August 06, 2018, 08:41:36 PM
I would sell half of my bitcoin to fiat and half of it on altcoins I like. I would buy three altcoins and wait for it to grow. There are altcoins that got huge growth within a few months only or a year, with better knowledge you can pick a good altcoin.
newbie
Activity: 126
Merit: 0
August 06, 2018, 04:01:59 AM
In my opinion, you should buy altcoin, because altcoin prices are constantly falling, so buying them now is too much, they will grow again later this year and you will become rich
member
Activity: 252
Merit: 10
August 06, 2018, 03:51:19 AM
Why sell bitcoin now as a good price for it, the more it gradually begins to creep to the top and the limit of its growth is not yet known and only growth is ahead
member
Activity: 126
Merit: 11
"JOIN THE NEXT MEGATREND IN CRYPTO!"
August 06, 2018, 03:41:32 AM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?

This is the matter of daytraders and long term holders

Daytraders should sell all bitcoin when dropping because they need to earn in short time so altcoin will took over for the profiteering to happen,and about what coin to buy?it depends on what made you choose

Long term holders can stand this crisis and can patiently wait until the price of bitcoin recovers and back to its shape
Good remark about Daytraders and holders. Well BTC is really good thing and if you have it don't sell anyway. If you have fiat money and want to buy some altcoins, sure why not. But if you're not trader don't sell BTC and buy altcoins. I don't think that this is good decision to sell BTC anyway.
Don't forget that crypto is very manipulated market and trading here is very hard, especially for newbie.
sr. member
Activity: 826
Merit: 265
August 06, 2018, 12:35:45 AM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?

This is the matter of daytraders and long term holders

Daytraders should sell all bitcoin when dropping because they need to earn in short time so altcoin will took over for the profiteering to happen,and about what coin to buy?it depends on what made you choose

Long term holders can stand this crisis and can patiently wait until the price of bitcoin recovers and back to its shape
full member
Activity: 490
Merit: 100
August 05, 2018, 11:27:11 PM
The fiat value of bitcoin doesn't really matter when trading alts in the current market. Always comparing vs fiat was one of the mistakes I made when first getting into this. Trade alts to increase your bitcoin holdings, because bitcoin will always, eventually, return to its ATH (if not higher) if you can wait a few weeks, or months at most. So you can use bitcoin's ATH to calculate the medium-term value of your holdings when you need an emotional boost.

If I have to make such a choice I would better pick altcoin. I do not see any sense in buying fiat if you are going to trade. You will still need the money for it.
copper member
Activity: 350
Merit: 0
August 05, 2018, 08:58:41 PM
I haven't sold my bitcoin in a while but I used to sell it to buy fiat or altcoins. I have purchased plenty of different altcoins (IOTA, ZRX, Waves, ETN etc.) with it. However I am not planning to buy a new altcoin in near future. I will most likely just trade my bitcoin to fiat when the price is high and buy it back at lower price.

Buying and selling is a trader's kind of play, it defeats boredom specially when you are hodling long enough. It builds skill and widen knowledge on crypto.
I see you got wise planning. That's smart.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 05, 2018, 05:31:30 PM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin?
I'll sell it for fiat so I can decide if I just want to keep the cash for anything that I want/need or I can re-invest to any altcoin that I prefer.
If you buy altcoin, what is the altcoin that you will buy?
Mostly Ethereum, Litecoin and other well known coins.
full member
Activity: 2548
Merit: 217
August 05, 2018, 04:55:40 PM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?


If bitcoin goies into soar in the coinmarketcap i sell it into fiat because need it to buy things to survive my daily needs and others part i invest to altcois and if the altcoins goes soar in the market i will sell it agin converting into bitcoin that's called trading strategy. Buy low sell high.
newbie
Activity: 252
Merit: 0
August 05, 2018, 04:41:10 PM
in some cases it is reasonable to sell bitcoin and invest in altcoin, but not always. We know many cases when bitcoin went up, and all other coins went down. One way or another, the bitcoin is the father of the entire crypto-currency world and must be reckoned with. Therefore, the choice is yours. But know here there is no predetermined correct solution
member
Activity: 311
Merit: 10
August 05, 2018, 03:31:59 PM
Now I think opposite situation it's better to sell altcoins and buy bitcoin, its similar  situation to what was before winter run
newbie
Activity: 65
Merit: 0
August 05, 2018, 03:19:28 PM
I firmly believe that it is better to sell altcoins and buy bitcoin, because bitcoin is the king of cryptocurrency and has survived despite all challenges since 2009, while many altcoins exist only for a year or less, and I am not sure in their future.
Also there are very few growing altcoins now and they all will grow only with the growing price of bitcoin
full member
Activity: 490
Merit: 105
August 05, 2018, 08:04:22 AM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
Now I think that btc is the only right choice for investment and holding. I won't sell them or buy altcoins, I will buy more btc if it will go lower.
member
Activity: 350
Merit: 10
August 05, 2018, 05:51:50 AM
don't buy altcoin except top 10 cmc now. it's very risky bro
i even loss more than 90% after buying an altcoin Sad you're better to keep your fiat or bitcoin
hero member
Activity: 868
Merit: 500
August 05, 2018, 05:46:03 AM
In current situation I think it iOS better to sell Bitcoins via fiat money. Because all even big altcoins as Ethereum, Dash, Bitcoin cash, IOTA are falling as a shit. Now I prefer to fix profit only in fiat money.
member
Activity: 350
Merit: 11
August 05, 2018, 04:43:50 AM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
I never have thought to convert my cryptocurrency into fiat money. I will keep cryptocurrency for long time. And recently my favorite trading coin is ETH because it costs only $400
member
Activity: 252
Merit: 10
August 04, 2018, 04:55:40 PM
The money should be to keep on 4 forms : fiat , bitcoin, altcoin, ethereum. The variant using at the specific moment for currency its depends on situation
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 04, 2018, 12:51:07 PM
When you have made some reasonable cash on an investment, i normally convert to USD , then wait for price to dip before buying again.It helps me avoid buying buy at the peak
Unless you have some knowledge about technical analysis it is going to be impossible for you to follow that strategy and the problem is that in many altcoins you cannot apply technical analysis since its market cap is very low, this is a known limitation of technical analysis and it has been discussed in books, articles and videos all over the Internet.
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