Topic: Should I Convert My All Coins into Bitcoin or USD? - page 4. (Read 19432 times)
If you can predict the market then you can change to USD when the market will decline, but the market is very difficult to predict and you will have difficulty finding the right time.
to my opinion, BTC is a very good token for both long term and short term investment, so you can sell into another altcoin or USDT isn't important to me, but you should think carefully because altcoins has the highest chance to give you profit in the future.
It doesn't make sense to link the whole capital to a single investment vehicle. It makes more sense to invest by dividing the capital. We can get solid profits in the bull season.
it will only make you lose when the place where you invest experiences bankruptcy and they the team is not responsible even many who run away then your money there will disappear instantly, so you better not focus on only 1 investment, spread your capital to do investment in several places.His money, his call lol. If you think it'll be more profitable to have huge amounts in a single basket, then it's a gamble only you can decide on since it's your money. There have been many instances where an all in investment hits a jackpot and the investor goes away with more than triple of his capital.
The only coin I can even still advise people to keep much fund as a single investment is bitcoin, because that one is very sure to rise to the extent of becoming useful for store of value in future, but you see other coins, it will be a very risky thing for one to keep a single basket, best is to diversify while one to keep a larger part of ones investment in that single basket we so much trusted.
In my opinion It's totally dependent on you. If you think market conditions is not so good then you can convert it into Bitcoin or usd. But i highly recommend you don't make any wrong decision.
I think to change it to bitcoin is still reasonable, and it doesn't need to wait for deteriorating market conditions. but if you change it to usd or usdt it's not good because the growth of these assets is also more stable now. even though the current market might be better to have crypto assets.In my opinion It's totally dependent on you. If you think market conditions is not so good then you can convert it into Bitcoin or usd. But i highly recommend you don't make any wrong decision.
I think to change it to bitcoin is still reasonable, and it doesn't need to wait for deteriorating market conditions. but if you change it to usd or usdt it's not good because the growth of these assets is also more stable now. even though the current market might be better to have crypto assets.
Every coin in the coinmarketcap or the market is the best coin you can buy because all coins will increase although we don't know how higher the price can go. But it depends on how much money you have and make sure that before you buy any coins, you should analyze and decide to buy a cheap coin or expensive coins so you can directly buy the coins. And don't forget to not buy the coin with all in of your money because you need to have free money in your balance to prevent if there are any down for the price so you can buy more the coin.
In my opinion It's totally dependent on you. If you think market conditions is not so good then you can convert it into Bitcoin or usd. But i highly recommend you don't make any wrong decision.
It doesn't make sense to link the whole capital to a single investment vehicle. It makes more sense to invest by dividing the capital. We can get solid profits in the bull season.
it will only make you lose when the place where you invest experiences bankruptcy and they the team is not responsible even many who run away then your money there will disappear instantly, so you better not focus on only 1 investment, spread your capital to do investment in several places.His money, his call lol. If you think it'll be more profitable to have huge amounts in a single basket, then it's a gamble only you can decide on since it's your money. There have been many instances where an all in investment hits a jackpot and the investor goes away with more than triple of his capital.
Does this feel safer or not if one is investing in crypto? Because if you believe in bitcoin, surely having it in btc is safer than the other altcoins?
During the first post, this was exactly what should have been done. Now, apparently, the uptrend is slowly starting. Altcoins currently have more potential than BTC. So convert it? barely.
It doesn't make sense to link the whole capital to a single investment vehicle. It makes more sense to invest by dividing the capital. We can get solid profits in the bull season.
it will only make you lose when the place where you invest experiences bankruptcy and they the team is not responsible even many who run away then your money there will disappear instantly, so you better not focus on only 1 investment, spread your capital to do investment in several places.
When looking at the red market, there is indeed a decision to save our assets to USD and this is a difficult decision to accept. After studying the market well and having the benefits obtained it will jump to save on bitcoin so that this makes our steps on crypto will have a good and safe impact. Learn wisely every coin that is owned to be useful.
What I am doing now is to have everything in USD, and what I do is speculate in the market, after studying the market, I will pass everything to Bitcoin, at the moment that Bitcoin takes its upward trend.
I have some altcoins that are not worth changing to USD for being very cheap, so the best thing I can do for now is to keep and keep until the market takes its bullish trend because I know that altcoins will be worth a lot, since most It will follow the path of bitcoin. This is what I will do because my nature is to be a market speculator, I do not intend to think as an investor, as investors leave their currencies as they have without changing them to USD until the market takes its bullish trend.
I have some altcoins that are not worth changing to USD for being very cheap, so the best thing I can do for now is to keep and keep until the market takes its bullish trend because I know that altcoins will be worth a lot, since most It will follow the path of bitcoin. This is what I will do because my nature is to be a market speculator, I do not intend to think as an investor, as investors leave their currencies as they have without changing them to USD until the market takes its bullish trend.
It doesn't make sense to link the whole capital to a single investment vehicle. It makes more sense to invest by dividing the capital. We can get solid profits in the bull season.
At that time maybe was better to convert to USD, but now i will say to convert most of the coins to bitcoin, in future in my opinion bitcoin should grow and can have a profit.
When you asking it was last year and when market was dumping huge but now don't convert all coins in USDT or any other stable coin.Crypto market will recover in this year. Try to hold tightly all Potential alt coins.
The current case may be the worst case to sell. In order to evaluate opportunities, it is good to keep some amount in the portfolio stable. But, keeping all of them stable will not give you anything. On the contrary, if there is an increase, you will lose great opportunity.
When you asking it was last year and when market was dumping huge but now don't convert all coins in USDT or any other stable coin.Crypto market will recover in this year. Try to hold tightly all Potential alt coins.
I'm not like, you put all assets into usd more better to bitcoin because the positive sign of bitcoin has seen, price of bitcoin slowly stabilizing and up
I think is better to diversify. Said that a good balance would be to have 75% of all your crypto fund in Bitcoin. Then diversify in the top 10 Coinmarketcap coins 15%, and leave 10% to coins and tokens that you consider have a great future and are great blockchain projects. This way even if a coin fails you still have a lot of amounts on Bitcoin or another more "stable" coin. Also, don't put all your investment in crypto diversify in real state, bank investment, stock market, bonds, and always leave some cash available.
it depends on you bro, its your investment.. don't depend to others for that decision as its yours
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