Should I Convert My All Coins into Bitcoin or USD? - page 8.

hemendrachauhan19

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Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

Well that's what crypto market is, but you being in this market for so long given your member status on bitcointalk, you must've seen this fall even before too. If you are getting panicked by the market conditions then you should convert them to fiat or USD for that matters. No point in converting to BTC coz it can fall even more, no one can be sure.

binhvo1505

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Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

A valuable experience for you is that you should not listen to the words of others when investing. That would be a wrong decision. You should listen to your inner voice. You should pass Bitcoin and hold until the end of 2018. Bitcoin's price will definitely improve.

Armstand

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Quote from: aeternus on September 13, 2018, 09:13:30 PM

Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

The problem is that we are in a point in the market in which neither of those moves is going to help you much, for example converting your cryptocurrencies to dollars is not going to help you much because the market has crashed already and it's close to the bottom, but it's not going to help you a lot either to buy bitcoin right now because in my opinion it's going to take a lot of time for bitcoin to recover.

Converting should not be in the option now, as we see the market isn't good state now so better hold, once you convert it there's no turning back your investment already lose.

Mt. Dempo

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Activity: 294

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Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

panic will make you a failure, turning altcoin into bitcoin is the right choice, because bitcoin is more worthy of being owned and held than the altcoin. but if you want to change it into usd, it's not right, because the market is falling and you have to buy back to fold the assets you have. remember, there is no success without a failure, keep on spirit.

aeternus

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Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

The problem is that we are in a point in the market in which neither of those moves is going to help you much, for example converting your cryptocurrencies to dollars is not going to help you much because the market has crashed already and it's close to the bottom, but it's not going to help you a lot either to buy bitcoin right now because in my opinion it's going to take a lot of time for bitcoin to recover.

5ensei

full member

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Bit too late o convert them into USD, that should have been done at the start of the year. Now is the time to buy bitcoin and wait for the pumps. This should be just around the corner, and even sooner if the ETF decision gives us a nice surprise. All the way to the moon if they give the thumbs up

larkinvain

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Yes, You can convert now, but I think you are too late. You should've converted many days ago. But, ETH can go to 100 USD in this year, so, convert now and when the market will start growing, you may again convert USD to Bitcoin.

trumper

full member

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When you think about it, it is usually wrong time,it is clearly the worst time to convert altcoins into bitcoin or usd, they are at near zero you should do it when they at top.

icemantaurus

member

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No you should not, don't be bothered about the blood bath of this cryptomarket. I would suggest you better hold your horses, December is right around the corner. And by the way converting your altcoins making it less valuable.

Armadeus

jr. member

Activity: 70

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Quote from: aoluain on September 05, 2018, 03:04:29 PM

Its a matter of perspective, and those perspectives will change with time.
"Time" we have to realise is a very key factor in what we are looking at and
interested in.

For me I got into crypto when Bitcoins price was $1000 so from my perspective
todays price is very rewarding. SO this time next year or in 2020 the perspective
will change for those who today are disgruntled about crypto.

I personally believe that the majority of coins/tokens or whatever you want
to call them will not progress as much as people hope they will. Bitcoin and
some established alts will continue to move forward and that is where I
suggest we should focus on not some very minor coin which gets pumped
one by 6000% and then is forgotten after its man purpose has been achieved,
To be Pumped.

Do you sell your btc if the price goes below 500? I am sure not. This is why no one sells now their btc bought even for 11 000

batang_bitcoin

hero member

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Quote from: haryatiposton01 on September 11, 2018, 02:22:36 AM

I'm sure holding Altcoin and not panicking is the best solution for now

Panicking is a choice but inexperienced holders will definitely going to cause their own panic but holding altcoin isn't the best solution but holding bitcoin.

Quote from: haryatiposton01 on September 11, 2018, 02:22:36 AM

if you convert all your altcoins to Bitcoin or become USDT it doesn't guarantee you will be successful

Converting to bitcoin is a safer coin than any altcoin.

Quote from: haryatiposton01 on September 11, 2018, 02:22:36 AM

all coins experience a very severe decline now, everyone who recommends you to survive is people who have a very strong mentality and they have strong beliefs for success.

Settle your emotion for this period, you have to be stronger and learn while on this dip.

haryatiposton01

newbie

Activity: 196

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I'm sure holding Altcoin and not panicking is the best solution for now, if you convert all your altcoins to Bitcoin or become USDT it doesn't guarantee you will be successful, all coins experience a very severe decline now, everyone who recommends you to survive is people who have a very strong mentality and they have strong beliefs for success.

katrimans

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Quote from: KyberJaxx on September 06, 2018, 05:52:35 AM

I think that now it makes no sense to translate altcoyins into dollars because they will soon begin a growth cycle

But what if one wants to convert the coins to Bitcoin? The rise in the worth of the portfolio will be much big would not it be? So if you have coins you want to convert into Bitcoin or in dollars, you can but first do the cost benefit analysis and see if the return you will get in future will be more than the return you might get by holding these coins. Only then you can build a good forecast which will help you make the decision ultimately.

go4crypto

sr. member

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The current time when most coins are near major lows is not a good time to sell those. It is better to hang on now and wait for the next rise to turn losses into profits.

BrittanyHorne

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It depends on you. I do not know if you're willing to take a risk or not. I will tell you what I'm doing at now, Personally, I'm really like to take a risk. My opinion is " If you can't get a risk, you will never achieving to your targets " So always I'm, really like to take the risk. At this time I will hold my all tokens till the end of this year because I trust me. If you can take a risk, I think, the best thing to do is, HOLD. The hold is the perfect selection at this time.

1NV3ST0NM3

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Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

You said you hate people who earlier suggested you something according to their own knowledge. No one forced you to do that. The ultimate decision was yours. So don’t blame others. And above that you are again asking for some advice from that people. For what? Only to blame them again if something happened wrong in future. If you hate us then stop asking for suggestions and take your own decisions and have some sense of accountability. It’s not like only you are suffering losses, many others are also experiencing the same. Stop acting as a victim.

abstractednerve

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Quote from: cosmicart on September 05, 2018, 04:41:53 PM

Hmmm, i don't think that is a good idea, as you might regret it when the greens come. maybe you should have some more patience.

Yup, at the moment if we do not have patience and bravery. We will definitely regret when the market recovers and a large green candle. Do not think about moving altcoin to btc at this time because it's too late to do that. It's best to hold and wait

paderobin

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Quote from: cosmicart on September 05, 2018, 04:41:53 PM

Hmmm, i don't think that is a good idea, as you might regret it when the greens come. maybe you should have some more patience.

Yep, I agree with that because all it takes is time before it all comes back high again good luck.

Valeri4

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Quote from: AshikurRahmanKhan16 on September 05, 2018, 02:07:06 PM

What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

Think about it and whether it makes sense to sell now?If there is understanding in trading, then find among your technical coins with a good volume.You can benefit from the fall.

teramit

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The Last Cryptocoin Burner

You should convert altcoins to BTC and USDT, because altcoins are more risky investment, if you choose BTC it is less volatile than ALTs but it is also bleeding so you should choose distribution between btc and usdt i suggest %30 btc %70 USDT.You should do this way long before but you still have time.

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