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Topic: sell bitcoin to buy fiat or altcoin? - page 8. (Read 15891 times)

sr. member
Activity: 616
Merit: 250
September 01, 2019, 10:34:27 AM
If we can invest in altcoin which is good and also don't sell bitcoin assets because this is also quite good and also strategic to invest. better to add investment when you already have money to be able to buy altcoin and bitcoin, don't sell it
Agree that indeed when we invest in bitcoin we do not actually need to sell it to buy bitcoin because this also provides losses. better when you want to invest we can share it on bitcoin and partly on altcoin as our portfolio
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
September 01, 2019, 09:38:24 AM
bitcoin conditions on a downward trend even though the movements are down. we better hold bitcoin and don't sell it for fiat or altcoin. because altcoin is also not very good, unless you have thoughts and analysis on altcoin that will do their own pump.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
September 01, 2019, 09:31:48 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?
Everytime Bitcoin price soars ,altcoin prices soars with it so why should I sell to buy another soaring currency?i would rather stick to my bitcoin and wait patiently
Also most of bitcoin Holders/supporters buys this coin for long term holding (of course not those noob that wanted to earn in short span of time)
So the chance of selling to buy alts just because price is soaring is below 10%
hero member
Activity: 1498
Merit: 537
September 01, 2019, 12:19:04 AM
If we can invest in altcoin which is good and also don't sell bitcoin assets because this is also quite good and also strategic to invest. better to add investment when you already have money to be able to buy altcoin and bitcoin, don't sell it
member
Activity: 430
Merit: 10
terra-credit.com
August 31, 2019, 11:29:01 PM
for trading I usually sell bitcoin with USDT or altcoin that I'm trading. but for fiat I think not because I have decided to trade and only take profits that I get.
but under these circumstances, I will hold down the bitcoins that I own or buy more, and wait for them to rise slowly in the near future. there will definitely be an increase, bitcoin won't go down for long.
full member
Activity: 994
Merit: 103
August 31, 2019, 11:29:22 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?
sell all your altcoins and put all in bitcoins wait for 5 years before coverting it to fiat, x1000 profit by just waiting and believing into bitcoin.
full member
Activity: 1204
Merit: 102
August 31, 2019, 11:18:35 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 No, dont do that, because we know that Bitcoin will always be suitable as our long-term
investment asset. I personally don't really believe in altcoins, so I will still hold my bitcoins until any time.

I also agree with you. it's better to keep holding bitcoin. BTC is the only crypto that is safe for long-term investment. if you give up and sell it now you will regret later. Don't repeat the mistakes before, many regret having sold bitcoin in the past only, because prices are currently low.
member
Activity: 207
Merit: 11
August 31, 2019, 09:02:18 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 No, dont do that, because we know that Bitcoin will always be suitable as our long-term
investment asset. I personally don't really believe in altcoins, so I will still hold my bitcoins until any time.
I think you shouldn't be so conservative and think bitcoin is an age forever, this only creates disadvantages and a little regret for you because bitcoin is similar to other investments, it can go up but then it can still go down, so we need to sell bitcoin at such times to buy fiat or even buy altcoins. It is a method for us to maintain profit then increase profit again, hug bitcoin as you say and in the long run, the opportunity misses and the profits drop too obvious, an investor needs to focus on increasing their assets, instead of holding what they like.
full member
Activity: 1134
Merit: 103
August 31, 2019, 05:57:20 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 No, dont do that, because we know that Bitcoin will always be suitable as our long-term
investment asset. I personally don't really believe in altcoins, so I will still hold my bitcoins until any time.

You are doing the right job, most of the people will convert their Bitcoin to buy low valued altcoins. They are not bothering about the Bitcoin price because as long as the price of Bitcoin is increasing, altcoin prices are kept decreasing here we are absorbing reversal. So it is good to hold in Bitcoin instead of converting them to altcoins.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
August 24, 2019, 12:05:35 AM
Am not in agreement with the idea of selling bitcoin for altcoin. In my opinion, bitcoin is the most practicing cryptocurrency and has a higher tendency to increase compared to several altcoin whose value is a far cry from the exchange
when bitcoin prices skyrocket, and I have bitcoin, normally I will sell my bitcoin to Fiat. Well, that's a normal thing for people to do.
but, if I find information about the altcoin that will pump, I will change it to the altcoin form. it will be a profitable investment.
copper member
Activity: 686
Merit: 2
August 23, 2019, 02:55:22 PM
Am not in agreement with the idea of selling bitcoin for altcoin. In my opinion, bitcoin is the most practicing cryptocurrency and has a higher tendency to increase compared to several altcoin whose value is a far cry from the exchange
member
Activity: 372
Merit: 10
August 23, 2019, 01:58:26 PM
If I've enough bitcoin, then i would decided to buy fiat as because of future safety & security. Sometimes we should have thought about our future. And If  i don't have enough bitcoin, then i don't want to sell my bitcoin.rather would like to hold tight cause thus i would be profitable.but Afterward If I've to sell bitcoin, then i would buy Top10 coin/token in CMC
sr. member
Activity: 743
Merit: 250
August 23, 2019, 01:35:09 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 not going to exchange Bitcoin for any other cryptocurrency, even if the price of BTC is decreasing. BTC is the most valuable cryptocurrency and it have the highest potential among these currencies, and it is not making sense for me to sell it for an altcoin. But I do selling BTC sometimes for fiat, when I need money in real life.
full member
Activity: 1204
Merit: 104
August 23, 2019, 12:41:02 PM
I think that the current situation can be explained in simpler words in order to take the right actions based on the current state of the cryptocurrency market.  I would also never sell Bitcoin, or even if ETH, because these are the most promising coins, not only in the near future, but also for a longer period.  But in order to buy more profitable altcoin, you need to make an audit of your portfolio in order to sell less promising altcoins, and buy more promising in your opinion.  I think that every cryptocurrency user will make the right decision and will benefit.  In turn, I want to mention the fact that I do not use Fiat to buy cryptocurrency, and a coin like Bitcoin today can’t be categorically sold at all.
legendary
Activity: 2548
Merit: 1245
August 23, 2019, 02:21:10 AM
Altcoins market dominance over time (the spikes in green indicate when the altcoins were at their max strength). This is basicly Altcoins (MACD : Green) versus Bitcoin (MACD : Red) on a longterm (1W) chart
and it clearly shows cyclical movements.


Source : tradingview.com
member
Activity: 546
Merit: 10
August 23, 2019, 01:27:28 AM
I rather hold Btc than sell Btc to buy altcoin. Wrong decision with alts can rid me of my Btc holdings but staying in Btc enables me keep safe what I have in Btc.
hero member
Activity: 1177
Merit: 500
August 22, 2019, 11:48:08 PM
I will not sell bitcoin just to buy altcoin, bitcoin has a very good growth compared to altcoin which is very slow movement
But if you choose the potential Altcoin that is in top 10 in Coinmarketcap site then profit will also be easy will we get. But now it is not the right time to buy Altcoin because we can see that there are no fantastic price movements from Altcoin.
full member
Activity: 352
Merit: 100
August 22, 2019, 03:06:20 PM
I think selling bitcoin to buy fiat with conditions like this will only make you lose, you better wait until the bitcoin price goes back up and sell the bitcoin that you have when the bitcoin price has reached a high price, if I buy altcoin I should be able to be more thorough because not all altcoin can benefit.

Everything decides for himself. I would risk selling BTC for fiat only in case when I am sure that BTC will fall soon. It will be done only to buy Bitcoin when it becomes cheaper. This cryptocurrency is the best investment as it is going to grow all the time. It is not connected with inflation (the number of Bitcoins is limited), and its price can reach hundreds of thousand dollars in the future.
sr. member
Activity: 994
Merit: 261
August 20, 2019, 12:42:10 PM
It is strongly recommended to store it in fiat because altcoin is the same as fluctuating bitcoin, fiat is the safest choice for securing profit funds and is always fast if needed to reinvest when prices are down.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
August 20, 2019, 08:25:19 AM
At this time it is better not to hold altcoin, because the increase in the price of bitcoin is predicted to continue.
save bitcoin better and wait for bitcoin on the moon.

Bitcoin is always the king. If you believe in crypto,,, you have to first believe in Bitcoin. That is not something to negotiate about. I do of course hold other altcoins, this is for sure, but only a few that I also believe in, and all these coins in general do not compete with Bitcoin (Litecoin, Monero for example) and in fact support Bitcoin as brothers do.

For me altcoins are a very far away gamble.
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