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Topic: Trading --- your end goal is more fiat or more btc? (Read 1331 times)

sr. member
Activity: 266
Merit: 250
Most traders use bot to play the market and what is scary about bitcoin market is that it never sleeps
member
Activity: 350
Merit: 10
Some said it's too late to buy and hold bitcoins now.
legendary
Activity: 1638
Merit: 1046
Looking at the good prices of BTC, the choice is clear, I am going for more BTCs Smiley
Yeah its the best to choose buying bitcoin but the problem i think your late because the price of bitcoin right now is above 700 value and i think its impossible to buy right now because of high price.. but if you are believing that bitcoin can be still increase this following week better  to buy right now and hold.
sr. member
Activity: 266
Merit: 250
Looking at the good prices of BTC, the choice is clear, I am going for more BTCs Smiley
hero member
Activity: 658
Merit: 500
I think in this case we should have to think for more bitcoin not for more fiat, as with bitcoin you canearn with price rise also and with fiat your money will be the same which you get in the start.
member
Activity: 66
Merit: 10
Well as for me my goal is more FIAT of course... ahhaha
full member
Activity: 125
Merit: 100
Check my channel to help your trading needs (signals on where to buy/sell)

https://bitcointalksearch.org/topic/m.15160345
member
Activity: 350
Merit: 10
More bitcoin for me then exchange to fiat :-)
member
Activity: 72
Merit: 10
I think of trading as similar to forex trading where you have a goal of getting a gain in your local currency.

But bitcoin and fiat trading pose a conundrum. Everytime I want to start trading, i had to ask myself: what is my goal? More fiat? Or btc?

Whats your dilemma?

Both! I try to get a good percentage from both! But I try to store wellness with btc Wink
easy and with the potential to growth in the future!

hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
I think of trading as similar to forex trading where you have a goal of getting a gain in your local currency.

But bitcoin and fiat trading pose a conundrum. Everytime I want to start trading, i had to ask myself: what is my goal? More fiat? Or btc?

Whats your dilemma?

well i play to stop trading in 4 years, after halving in 2020 so it will depend how popular bitcoin is, and of course what is bitcoin's price then for sure, i will know then

if bitcoins price will be low, then i will probably sell all my coins to fiat and stop doing anything with bitcoin, but if it's price will be large then i think i will buy bitcoins for all my money
legendary
Activity: 1652
Merit: 1000
it's obviously more bitcoin for me because my aim is i can invest my bitcoin on particular amount and i wish i could do that in this year
also the current prices looks pretty good for short term and long term investment
sr. member
Activity: 266
Merit: 250
Do you trade manually or utilise some trading engine? Are you a full time trader? If there is a trading bot that could trade 24/7 and each trade you gain hundreds of satoshis (btc) or few cents (fiat), you will gain a considerable sum monthly.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
I think of trading as similar to forex trading where you have a goal of getting a gain in your local currency.

But bitcoin and fiat trading pose a conundrum. Everytime I want to start trading, i had to ask myself: what is my goal? More fiat? Or btc?

Whats your dilemma?

when i started trading i was thinking that i will get more profit and then i will sell all my bitcoins to fiat, as i thought that bitcoin won't last long then so i wanted to get as most fiat as possible

but now times changed and i think that i won't sell my bitcoins that i got from trading to fiat as bitcoins are very popular and their price rises each month so i think i will keep them
legendary
Activity: 3332
Merit: 6809
Cashback 15%
I think of trading as similar to forex trading where you have a goal of getting a gain in your local currency.

But bitcoin and fiat trading pose a conundrum. Everytime I want to start trading, i had to ask myself: what is my goal? More fiat? Or btc?

Whats your dilemma?

Definitely more Bitcoin,because holding it is an investment itself you can double or triple your profit just by holding it especially now at this point of time,anyway you can convert a portion of your bitcoin anytime you want a cold cash..
If you think of it that way, then yes I agree.   But if you're trading with the hopes of buying a new car,  for instance,  getting more fiat is the more reasonable goal.  For me it's usually just more bitcoin, which lately I've been trying to save.
legendary
Activity: 2436
Merit: 1008
Everytime I want to start trading, i had to ask myself: what is my goal? More fiat? Or btc?

Both more fiat and more bitcoin.

More fiat = More chance to bag some bitcoin when the price dips

More btc = More fiat when you are going to make some profits

My goal is : take advantage of anything that can bring good to your trading strategy
hero member
Activity: 658
Merit: 500
When you trade with BTC, you get more BTC - simple and easy. If you trade with fiat, you get more fiat. The difference can be if you trade with many not so popular fiat, which is not so easy to exchange to main fiats.  Wink
legendary
Activity: 1792
Merit: 1283
Given that in the long term, Bitcoin is going up, I always aim to get more Bitcoin instead of more fiat.
Although I'm thinking of converting a bit, to make it a little bit more safe in case of a sudden dump.
legendary
Activity: 2590
Merit: 3008
Welt Am Draht
I don't really trade. If I did it would certainly be for Bitcoin, not my local currency.
sr. member
Activity: 266
Merit: 250
Definitely my end goal is to get more BTC. So waiting for the bitcoin price to rise and selling it when it goes up simply is not a good strategy for me, because I'll still have the same amount of BTC.

I invest in bitcoin denominated investments, so they actually generate BTC for me.

what are bitcoin denominated investments? Are there financial instruments that is bitcoin denominated?
hero member
Activity: 658
Merit: 500
My end goal is more fiat  ,more btc is tp convert it to fiat more foat is exactly in exchange .but when i will hold my btc i will convert it to bitcoins as well.
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