sell bitcoin to buy fiat or altcoin? - page 20.

JMD07

member

Activity: 378

Merit: 10

Quote from: millgates on July 24, 2018, 06:27:20 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?

So many good altcoins that you can ride on with there good product and team support. You just need to research them if your interested to invest. With the current market situation the bitcoin is starting to climb I will just stay with bitcoin to ride with the bull run if this will happen and later sell it to buy altcoin.

astridplomp

member

Activity: 217

Merit: 10

Quote from: millgates on July 24, 2018, 06:27:20 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?

i think most of people will follow the market price, and they usually choose to trade their BTC into Fiat for more advantages, Fiat like USDT or TUSD to keep their money safe from the fluctuation of the market that can bring Altcoins drop too, however, there are cases that investors will hold Altcoins when BTC is dumped but Altcoins keep rising, usually top 50 altcoins.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: millgates on July 24, 2018, 06:27:20 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?

I chose the option to survive and see the situation, but if there were no changes in a long time I would prefer to sell the Bitcoin I have to buy Fiat. I have several businesses in the real world so I can grow my business much better, on the contrary that when the price of Bitcoin is re-energized then I will use the Fiat I have to buy Bitcoin.

This is a strategy that I think is quite safe, even in my opinion when someone is a beginner, this will be much safer than when we buy Altcoin. Altcoin is indeed very interesting, but when we don't have good experience and knowledge it will be quite risky.

Fendi23

member

Activity: 322

Merit: 15

Don't sell bitcoin at this moment because all of altcoin only bitcoin go grow up than others cryptoccurency

budakjawa

member

Activity: 471

Merit: 10

I personally think you better play all of them, with the sense that when the price of bitcoin goes down you can exchange it for usd or altcoin and when bitcoin goes up you can change it to bitcoin again.

Yaddady

jr. member

Activity: 112

Merit: 1

This for me isn't the best time to sell BTC for alts as BTC is enjoying a slight bull run. I would rather you split some BTC for alts if you so wish invest in any

cryptomeo

full member

Activity: 560

Merit: 100

Time to load your BTC, you will still can accumulate altcoins after BTC gone few notches up . The altcoin season will come. Just hope the momentum will be stronger than the previous one. We can expect a better second half for crypto. However, the general prediction is somewhere 'outrageous' but the BTC always has the tendency to blown away analysts price prediction for the past three years.

swissgang

full member

Activity: 462

Merit: 100

If bitcoin price soars that's okay, I would not sell it to buy fiat or alts because having btc is better than having fiat, maybe for some altcoins I can sell it.

tng811

full member

Activity: 350

Merit: 100

This is a great time to make profit by buying altcoins now. Choosing a good altcoin to invest can double your investment easily.

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: millgates on July 24, 2018, 06:27:20 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?

I would choose to buy altcoins rather than fiat. I think this BTC rise is the start of a bull run that will draw in alts as well. And if alts rise against fiat, then it makes sense to buy alts.
As for which alts to buy, it depends to an extent on what you have already - but I would say ETH is a good choice.

lihongjing

member

Activity: 434

Merit: 10

As an investor, I will keep my bitcoin (unless its price increases by x1), I will not sell my bitcoin to buy other altcoins, I think Bitcoin is the safest and most stable in the fast-rising market. Coins!
Forgive me for my English is not very good!

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

first of all you don't sell bitcoin to buy altcoins you exchange bitcoin for altcoins and everyone does it because they want to increase the amount of bitcoin they own and that takes us to the second point. which is about the fact that bitcoin's long term potential does not exist in anything else and everyone knows this which is why they are all increasing the amount of bitcoin they have with any methods they know:
- buying with fiat
- selling goods for bitcoin
- working signature campaigns, other micro jobs,... to earn bitcoin
- participate in altcoin pump and dumps to make profit on their bitcoin
- invest in mining
- invest in businesses like gambling sites to make profit.

Scientest

member

Activity: 121

Merit: 10

Well. To be honest, I'm still holding my BTC bought at 5k and planning to hold at least 1 month more. So, I sell btc, I will definitely invest again into some altcoins. Hoaring fiat will never give me any profit.
I will buy some ADA, NAV, ONION and some more if I can get it at my desired price. I don't want to be loser like previous, lol.

mikyadel

full member

Activity: 448

Merit: 100

Arabic Translator

of course you should sell bitcoin and start buying alts .Mathematically,buying fiat won't help you increase your money .However,if you got into some solid alt coins at these prices (i know they are bleeding now but that's just a temporary phase) , you would make more profits and increase your investment .

pageraji

full member

Activity: 966

Merit: 100

i think now is not right time to sell, this august if good news still spreading bitcoin price will more than 10000 $..watch the move

antsam

full member

Activity: 2044

Merit: 109

If I will choose both, because if choosing altcoin means continue to invest choose altcoin that has a chance to increase the price. If you choose the fiat it is because it is in need of funds or unstable altcoin prices

Leyss

member

Activity: 574

Merit: 12

Quote from: millgates on July 24, 2018, 06:27:20 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 the price of bitcoin suddenly takes off, it will be advisable to sell some of its bitcoins and buy some promising coins - ethereum, EOS, Stellar, IOTA and some others. I think that now it is no longer necessary to focus attention on bitcoin, although it should be in our wallets so far. However, more attention should be paid to ethereum and other promising coins. By bitcoin, you still need to look closely at what he will do next and how he will improve.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: millgates on July 24, 2018, 06:27:20 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?

I am holding on to my little hoard of Bitcoin while I am looking forward to the approval of the ETF either around August or September as this can have a big impact on the movement of this digital currency. They are saying that when ETF was launched for the real gold, its value skyrocketed and they are speculating the same thing can happen with Bitcoin hopefully. However, for people who are interested with alts this can be the best time to buy them as many of the alts got decoupled with the recent rise of Bitcoin but may soon be into the limelight again. Goodluck to all of us crypto lovers all over the world.

jubings

newbie

Activity: 29

Merit: 0

that will depend on whether you need the fiat for something particular or just want to invest in something other than cryptos, because unless you are going to invest in stocks or something similar it is better to change bitcoins for altcoins because the alts are a very good investment, of course, they have much more risk than stocks but their profit percentages can also be astronomical.

jiandong

jr. member

Activity: 98

Merit: 1

You can see that BTC rates are increasing day by day, why don't you take this opportunity to invest in BTC to generate high profits because the BTC level will continue to increase. So listen to my investment in BTC, not altcoin and fiat currency.
My opinion is the opposite of your opinion. It is recommended to hold Bitcoin and invest more in Bitcoin than to sell and invest in Altcoin and Fiat.

Topic: sell bitcoin to buy fiat or altcoin? - page 20. (Read 15856 times)