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Topic: sell bitcoin to buy fiat or altcoin? - page 3. (Read 15856 times)

sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
January 15, 2020, 07:30:29 PM
Bitcoin is the best and most profitable coin in cryptocurrency and better than altcoin, so I never thought of selling bitcoin to buy altcoin.
and if I want to have some altcoin I will make a purchase without having to sell bitcoin, because bitcoin has become my priority for me to have and wait until it reaches the highest price to convert it to fiat.
sr. member
Activity: 700
Merit: 250
January 15, 2020, 02:06:43 PM
This thread was really accepting many peoples but most of the peoples are consider the profitable investment in Crypto platform. So current market is more favourable in altcoin, But BTC is a more trusted cryptocurrency so still some peoples are hold the Bitcoin. May be fiat coins also useful in all the fluctuation time but we must decide how it will move on the further profit.
sr. member
Activity: 672
Merit: 254
January 15, 2020, 02:00:20 PM
I haven't sold the bitcoin I've had since 2018 and now it is experiencing an increase in price but I won't sell it just to buy altcoin because I don't want to make a mistake for the second time
I think it's profitable to keep both Bitcoin and Alts in this market, it's up to everyone, but personally I keep both Bitcoin and Alts, because this way you can get more profit.
full member
Activity: 728
Merit: 100
January 15, 2020, 01:17:44 PM
I haven't sold the bitcoin I've had since 2018 and now it is experiencing an increase in price but I won't sell it just to buy altcoin because I don't want to make a mistake for the second time
legendary
Activity: 1638
Merit: 1042
January 15, 2020, 11:47:12 AM
the thread has been around for a very long time. but of course the topic is always up to date.
first i ask a counter question. why do you want to sell BTC to go into fiat or other altcoins? Cheesy

fiat in order to make a daily living?
other crypto currencies to make more profit?

leave it as it is in btc and just wait and see.
copper member
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
January 15, 2020, 10:35:55 AM
altcoin now also looks a little better. if you want to sell your bitcoin I hope you have considered it because the bitcoin market is getting better. my suggestion is to sell crypto for fiat when the market shows a potential dump. or if you want to get out of the market then it's all up to you.
sr. member
Activity: 756
Merit: 268
January 15, 2020, 10:27:52 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 would prefer selling some of my altcoins right now than buying it with bitcoin. Bitcoin halving is very near and it is not really ideal to spent some of it since there is a potential bull run that may occur as halving happens. You should just use your fiat if you are going to but altcoins but make sure first that the value is low so that you can make profit from it as the value rises. Make sure that everything you do with your bitcoin right now is a preparation for the halving so that you won't regret anything as it comes.
sr. member
Activity: 658
Merit: 251
January 15, 2020, 10:18:28 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?
answering this question, must see market condition. bcz market condition always changes as time goes by
at this time, holding Bitcoin itself is better than buying fiat or altcoin. Bitcoin will show pump in this halving which will happen in may
Buying altcoin is just suitable in altcoin season, youll easily get profit. mark my word
sr. member
Activity: 756
Merit: 252
January 15, 2020, 12:07:21 AM
If you sell Bitcoin, you should buy top alts, personally I would invest in ether, bnb, trx, ltc and eos. That's my personal opinion.
For years it was not a good idea to sell your bitcoin so you could buy altcoins but it seems that for the first time in a very long time altcoins are beginning to outgrow bitcoin, I do not know how long this tendency is going to last the only thing that I know is that it is what it's happening in the market right now and if possible you should take advantage of it while you can otherwise you could miss the opportunity to make some easy money in the markets.
sr. member
Activity: 876
Merit: 253
Vave.com - Crypto Casino
January 12, 2020, 12:40:01 PM
I will buy altcoin and because btc if it has entered a bullish trend I will buy BNB, XRP, LINK for the long term in my opinion these three coins are good for long term investment because the project is good and is already running
full member
Activity: 742
Merit: 101
January 12, 2020, 06:34:39 AM
for the time being, just hold bitcoin, once the market becomes stable and the bitcoin price is at 10k usd then sell some to change to altcoin and fiat. i think it's better like that
full member
Activity: 714
Merit: 104
January 11, 2020, 02:50:30 PM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
depends on the situation,just like this year i sold some bitcoin when the market goes high and bought altcoins to wait for  halving.

this has been my strategy for years regarding my investments because i can afford to wait longer so even if my short term trading fail?i will wait longer.

I apologize, but it seems to me that the cryptocurrency market is very unstable with respect to Bitcoin and altcoin as well.  I would not sell bitcoin in order to wait out price drops by investing these funds in altcoin.  To date, I use only stable cryptocurrencies in order to wait out the cryptocurrency market decline.
sr. member
Activity: 672
Merit: 254
January 11, 2020, 02:40:41 PM
If you sell Bitcoin, you should buy top alts, personally I would invest in ether, bnb, trx, ltc and eos. That's my personal opinion.
newbie
Activity: 10
Merit: 0
January 10, 2020, 04:31:41 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?


This depends on how the market is. The only fiat that is profitable to buy is dollar because you can convert cryptocurrencies to dollar at a very low charges on exchanges. So, it is like converting to cryptocurrency.

During bull run, people buy altcoins, that is why altcoin price increase could be double of bitcoin, so it is good to convert from bitcoin to altcoin at the time.

If bearish market begin, people convert back to bitcoin, this is why the price of bitcoin do not decrease like that of altcoin in bearish market because people demand for it.

During bearish market, some people just convert their money to dollar as I said in the beginning and buy again when the price is low.

Aside dollars, I can not advise someone to convert to any other currency except exchanges support the currency and if the currency value is not much decrease like some countries money.
member
Activity: 574
Merit: 14
January 10, 2020, 04:11:22 PM
I think it's better not to sell Bitcoin on such a market, it's better to keep it, as well as to find funds to invest in several promising alts.
Storing bitcoin is good for long-term investment but if we have a few funds, of course it's better to invest in altcoin in my opinion, for example, if we have $4000, of course we can only buy half of the current bitcoin price, but if we have these funds buy altcoin like eth or ltc, of course we will get some eth or ltc and if bitcoin and altcoin increase prices by about 10% on the market, of course if we calculate the profit we get from altcoin will be greater than the profit we can get from btc.
This is just my opinion. Grin
sr. member
Activity: 672
Merit: 254
January 10, 2020, 01:33:59 PM
I think it's better not to sell Bitcoin on such a market, it's better to keep it, as well as to find funds to invest in several promising alts.
sr. member
Activity: 2618
Merit: 439
January 10, 2020, 01:54:28 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?
depends on the situation,just like this year i sold some bitcoin when the market goes high and bought altcoins to wait for  halving.

this has been my strategy for years regarding my investments because i can afford to wait longer so even if my short term trading fail?i will wait longer.
sr. member
Activity: 756
Merit: 252
January 10, 2020, 12:22:46 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 think it would depend on the situation, if ever altcoin is on a good condition and price, I would prefer buying some of it. I would find good altcoins that has the potential of being successful in the future. If ever altcoin is not in a good condition or it is very difficult to find a good one to invest with, I would convert some of my earnings to fiat, not all of it, cause I would rather hold it still on bitcoin and wait till it goes high again. In terms of altcoin, Eth would definitely be the one I'll buy cause I know its potential.
No strategy is perfect and what I do not like from that strategy is that you are risking you capital in coins which we do not know if they will be successful, it is true that you can obtain more profits with altcoins but you can also get greater losses and the chances you obtain more losses are higher, so it is better to take the safest approach and just buy bitcoin and keep holding it for as long as you can as most likely the bull run will come in 2021.
Ah even if you are investing your money on bitcoin and you still have a chance to get lose caused by the volatility of the market Remember when you are wanna get the decent profit and you must put your capital into the risk. There is no place that is free from the risk when you are facing the cryptomarket which is really volatile.
Of course, all investments have some risk, but the risk that you are taking by investing in bitcoin is many times smaller than the risk you are taking if you invest in altcoins, even good altcoins are not giving profits at the moment and that is a problem, because if even the good altcoins give no profits what can you expect from coins that are not as good or that are relatively new, so when I take everything into account bitcoin is by far the superior coin to invest in the market.
full member
Activity: 1736
Merit: 116
January 08, 2020, 07:09:44 AM
Of course if the price of bitcoin rises, I will sell it to take profit. And the bitcoin that I sell will be bought some
altcoins. And the most important thing when selling bitcoin, don't sell it all. Just sell 50%, the rest I will hold
to keep if bitcoin prices continue to rise again. For altcoins I will buy one that has good potential and also has
a high volume. Like ETH, LTC, XRP and BNB.
hero member
Activity: 3010
Merit: 629
January 08, 2020, 07:00:51 AM
It should be like this  sell your altcoins then use your profit together with your fiat to buy bitcoin while its starting to heat up. Everybodys eyes is at bitcoin right now, you must go with the flow.  Bitcoin first before altcoins.
I agree, many investors are switching to bitcoin because of the halving that will happen in few months. But for me I wont sell my altcoins to buy btc instead I will use fiat to buy additional btc.

It seems market is getting better and some alts are also showing improvement so there's no need to give up any of the two, hold your btc and alts and wait further.
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