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Topic: sell bitcoin to buy fiat or altcoin? - page 4. (Read 15856 times)

hero member
Activity: 1946
Merit: 502
January 08, 2020, 06:55:29 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.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
January 08, 2020, 06:54:05 AM
if for now I will buy xrp and eos because both of these coins are in a bullish trend and also xrp has a good FA analysis in 2020

I'm not sure where you got the analysis for XRP and where the information about being bullish is, because when I look at the charts, I see most of the alt prices in green and XRP in red. Recently, information about XRP delisting has also appeared.

I think that if you want replace the BTC, it's only for ETH.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
January 08, 2020, 06:49:23 AM
If you are a crypto fan and longing it as a concept then it only really makes sense to trade altcoins and leverage your crypto position as a whole. If you are here just to make quick money and abandon the ship asap then obviously fiat would be your choice. Also it is better to quote in fiat when trend is bearish and market cap is falling.
sr. member
Activity: 719
Merit: 250
January 07, 2020, 03:23:22 PM
There's obviously no need to buy a fiat now, as I think you can keep both Bitcoin and alts in such a market, everyone has to choose.
sr. member
Activity: 672
Merit: 254
January 06, 2020, 03:45:25 PM
if for now I will buy xrp and eos because both of these coins are in a bullish trend and also xrp has a good FA analysis in 2020
I would add eth and trx to this list, also two very promising coins, as well as optionally you can add litecoin to the list.
hero member
Activity: 1680
Merit: 505
January 06, 2020, 11:03:24 AM
if for now I will buy xrp and eos because both of these coins are in a bullish trend and also xrp has a good FA analysis in 2020

Of course, surprises can still happen, but we're in a period of stabilization, so exchanging BTC with anything else at the moment is not a good idea. When it comes to XRP, it's the worst idea you can suggest unless someone is a trader and not a long-term investor.
hero member
Activity: 1778
Merit: 504
WorkAsPro
January 06, 2020, 04:58:26 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.
You should make your own decisions when investing because until now crypto market is still very difficult to predict and altcoin is the riskiest investment in this period. However, I believe that this year will be different and the need to invest in altcoins will tend to increase many times, so consider some of the coins you consider to be the best.

Currently, I have selected a lot of good coins for this period and will buy at different stages until profitable because I am sure the altcoin season will probably happen this year and you should be patient during this important time.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
January 05, 2020, 09:49:00 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.
sr. member
Activity: 756
Merit: 252
January 04, 2020, 11:39:40 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?
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.
sr. member
Activity: 756
Merit: 268
December 28, 2019, 12:20:59 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 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.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
December 27, 2019, 05:34:25 PM
It really all depends on how the market is performing. If you sell at the all time high, you're probably better off taking the fiat and buying back in to Bitcoin whenever the market recovers. But, if you sell now, your best bet would be to just trade the Bitcoin for another Altcoin since theres a few of those that have a little bit of good movement on days Bitcoin is down.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 27, 2019, 04:23:06 PM
If I were to sell Bitcoin now, I'd leave 20% in the Fiat, and divide the remaining 80% into equal parts and invest in promising alts.
in situations like this there is no best advice that can be used as a reference because all predictions seem to have nothing that can be used as a reference. if I don't have the best advice, keep holding bitcoin because this is still reliable compared to altcoin. if you want to force it to divide it is better to share it with ethereum.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
December 27, 2019, 10:44:28 AM
if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

Tezos is up for 100%, link is more then 1000% up, I'm talking about this year and two alts that made a nice rise, there are others, I just wish to point out that alt marker is not bad for all the alts, some are doing great. And bitcoin is up this year, at the beginning of the year price was 3500, or little under, look where it is now.
Buying now or waiting prices to go lower is always a tricky decision to make, prices can drop but and you can buy a bit more coins for the same money, but if the price rise you will miss a good buying opportunity and profit in some time. I'm not waiting I'm buying now, and if price drops I will buy more. I think we are going back to 8k after New year.

Tezos 100% after all that bad stuff going on with the Foundation? How does a scam coin, proven to be a scam,,, and still stuck in legal battles with so many people, make it to 100% again? I can agree about Link but so can I with any other alt that has not been through what Tezos has been.

Bitcoin is still going to be the supreme marker for all of this though. BTC is everything for alts.
sr. member
Activity: 672
Merit: 254
December 27, 2019, 08:09:10 AM
I would now sell 50% of Bitcoin and invest in alts, it's worth holding both alts and Bitcoin, I don't think it makes sense to hold USDT right now.
hero member
Activity: 2814
Merit: 576
December 27, 2019, 07:53:53 AM
If you have done what you said here then you will be down by 90% of your total investment by now. It was not a good time for alts and hopefully 2020 may be the year of crypto and alts.

Agree with that, altcoins did suffer this year and like ETH for example, from $1300 as its ATH, it dump below $100 this year so it's not a wise decision to sell your bitcoin for altcoins and selling to fiat if you are not thinking of quitting and accepting your loses.
sr. member
Activity: 658
Merit: 251
December 27, 2019, 07:51:18 AM
I am not a supporter of the idea of selling bitcoin for altcoins, This time is good for increasing the amount of bitcoin, Bitcoin has not reached its highest price yet, We must not hurry to sell and make the wrong decision, but you have to be patient until the price of bitcoin rises and makes good profits so then you can buy promising altcoins with a portion of these profits, Or at this time, you can set aside a portion of your money to buy promising cheap altcoins without selling your bitcoins.
the sentiment can change as time goes by. at this time, I agree that selling Bitcoin for altcoin isn't good idea
but this thread was made from july 2018, in that time, altcoin is in good time for buying

so, Im not doubt why the OP asked like this. It would change too in the future
just our wise to know what strategy which is suitable for every sentiment.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
December 27, 2019, 07:13:23 AM
If you have done what you said here then you will be down by 90% of your total investment by now. It was not a good time for alts and hopefully 2020 may be the year of crypto and alts.
member
Activity: 854
Merit: 10
December 27, 2019, 06:04:23 AM
if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

Tezos is up for 100%, link is more then 1000% up, I'm talking about this year and two alts that made a nice rise, there are others, I just wish to point out that alt marker is not bad for all the alts, some are doing great. And bitcoin is up this year, at the beginning of the year price was 3500, or little under, look where it is now.
Buying now or waiting prices to go lower is always a tricky decision to make, prices can drop but and you can buy a bit more coins for the same money, but if the price rise you will miss a good buying opportunity and profit in some time. I'm not waiting I'm buying now, and if price drops I will buy more. I think we are going back to 8k after New year.

There are very few coins, which increased their price a lot in the market, every one of us will have a positive opinion towards the Bitcoin. Once the price of Bitcoin is increasing we might see most of the potential coins will increase in the market. If the price drops we should grab them at the low price.
legendary
Activity: 3248
Merit: 1179
December 27, 2019, 05:10:44 AM
if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.

Tezos is up for 100%, link is more then 1000% up, I'm talking about this year and two alts that made a nice rise, there are others, I just wish to point out that alt marker is not bad for all the alts, some are doing great. And bitcoin is up this year, at the beginning of the year price was 3500, or little under, look where it is now.
Buying now or waiting prices to go lower is always a tricky decision to make, prices can drop but and you can buy a bit more coins for the same money, but if the price rise you will miss a good buying opportunity and profit in some time. I'm not waiting I'm buying now, and if price drops I will buy more. I think we are going back to 8k after New year.
sr. member
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
December 26, 2019, 11:21:18 PM
if for the current market situation you better save your bitcoin. but if you want to sell I think saving fiat is better than altcoin. the altcoin market is bad, you better save fiat and then wait for the moment of bitcoin to go down and you can buy it at a cheaper price.
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