Topic: Which one do you prefer?Increase your Bitcoin or ِDollar? - page 37. (Read 4620 times)
Of course I would choose to increase bitcoin mass. However, this may affect my profitability as it may affect the price. But this does not matter, it is important to develop bitcoin in the future
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
Obviously most people in here will choose Bitcoin instead Fiat currency, because they already buy some Bitcoin using their Fiat currency, but if we can increasing two of them, Fiat and Bitcoin, why we should choose ?
Well for me, I will choose to increase my Bitcoin than dollar. I am glad and proud Bitcoin user that wants to gain and earn more and more Bitcoin because I store or hold Bitcoin for a while and convert it in the best and perfect time that will occur that I surely gain more profit.
It’s simple.
If you invest $5,000 into Gold, you can get $8,000 out of it if things go well or $3,000 if they don’t.
If you invest $5,000 into Bitcoin, you can get $200,000 out of it things go well and $0 if they don’t.
What most people don’t understand is that the downside risk of Bitcoin is only the amount you invest at maximum and not more, ever. However, the upside is simply so gigantic that it trumps all other investment opportunities.
Most people don’t understand that.
The only thing you should not do, invest all of your life savings into Bitcoin or even take a loan. However, if you have savings and invest a small portion of it, a couple of thousand dollars, your downside risk is very limited.
If you invest $5,000 into Gold, you can get $8,000 out of it if things go well or $3,000 if they don’t.
If you invest $5,000 into Bitcoin, you can get $200,000 out of it things go well and $0 if they don’t.
What most people don’t understand is that the downside risk of Bitcoin is only the amount you invest at maximum and not more, ever. However, the upside is simply so gigantic that it trumps all other investment opportunities.
Most people don’t understand that.
The only thing you should not do, invest all of your life savings into Bitcoin or even take a loan. However, if you have savings and invest a small portion of it, a couple of thousand dollars, your downside risk is very limited.
I prefere Bitcoin but have also something in fiat, in my case it's not dollar but Euro.
Anyway, I stick to rule that it's not good to keep all eggs in just one basket so I always try to diversify my investment. And Bitcoin and other cryptocurrencies are still not stable and accepted enough to fully rely on them so some back up in fiat, dollar or something else is necessary.
Anyway, I stick to rule that it's not good to keep all eggs in just one basket so I always try to diversify my investment. And Bitcoin and other cryptocurrencies are still not stable and accepted enough to fully rely on them so some back up in fiat, dollar or something else is necessary.
The preference for this question will be different from person to person. But for me I would prefer an increase in bitcoin rather than Dollar or fiat currency.
As an investor, you always care about risks and returns. Whole world knows how bitcoin brought returns for those who have invested on it. But by holding dollar no one can have returns like bitcoin. So anyone who has a interest on bitcoin will prefer increase in bitcoin.
As an investor, you always care about risks and returns. Whole world knows how bitcoin brought returns for those who have invested on it. But by holding dollar no one can have returns like bitcoin. So anyone who has a interest on bitcoin will prefer increase in bitcoin.
I would invest in Bitcoin, but that is my personal opinion and choice. What you do should be based upon your unique financial situation, income, risk tolerance, investing plan, etc. Investing in Cryptocurrencies is a high risk/high reward investment. Investing in dollar carries risk as well but lately dollar has not moved much. The volatility is Bitcoin is very high.
Actually i choose to increase bitcoin because it has a big opportunity in bitcoin if increase the price of bitcoinany will interested of having them and keep it in a long years if the price will rise bitcoin will sell in a higher price so choosing bitcoin is a good choice for your future and also to your family.
If you choose to believe that encryption industry will choose bitcoins, I will choose to increase the number of bitcoins. Because the market will always come back after revision, so long as we are patient enough.
I believe increasing my Bitcoin is the best bet. Now the market is not yet bullish so it's a great idea. So that I'll have more value for my Bitcoins when the market turns bullish. Then I may sell of some to then increase my dollars. I will wait again for dips and then use the dollars to acquire more Bitcoins. Hmmm This is a great trading technique for the long-term and the main goal is to have more Bitcoins.
The answer to this question is relative. While some are more interested in the tech, who will tilt towards having more and more bitcoins which in the end translates to more fiat, some are more interested in the returns from bitcoins in terms of the fiat value depending on their local currency.
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
It all depends on one's trading expertise and one's trading needs and expectations. I actually would like to see the increase in Bitcoin volume as i know how it would increase the demand in Bitcoin sector and what would happen if the volume increases and decreases as per the dynamics of the market. It depends on how much you get affect by the increase and of bitcoin volume. I don't have any interest in dollar volume even though it may indirectly affect the Bitcoin volume and volatility.
I will prefer to increase my bitcoins. Because more bitcoin brings more dollar. Bitcoin has the potential to bring many gain and profit which dollar can't do. Having dollar doesn't make it increase, your 100$ is still 100$ in 30 days. But if you have 100$ bitcoin worth, it can increase to 120$ worth or more depending on the market increase. So personally, I prefer to increase my Bitcoin .
Increasing my bitcoin is more to an investment side as market fluctuation will affect btc every now and then whereas increase in dollar which is a more safe approach if you are thinking of leaving the crypto space. I will increase in my btc and to dollar once in awhile.
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I Prefer to increase my Bitcoin because there are many choices of Altcoins in Bitcoin trading pairs besides that, my goal in Crypto trading is to increase the amount of my Bitcoin investment, so I don't want to take profit directly in Fiat 
as a BitcoinHodler i obviously prefer increasing my bitcoin amount and that is mainly because i know the true potential of bitcoin and the value that it can have in the future so i want to have as much bitcoin as i can before that day comes.
additionally it is because i don't own that much bitcoin to consider it a high risk so i still have more way to go.
additionally it is because i don't own that much bitcoin to consider it a high risk so i still have more way to go.
I prefer to increase the volume of my bitcoin than the dollar, because I know that bitcoin has the potential to increase prices faster than the dollar.
the correct answer in my opinion is both.
as an investor you should always consider the risks of your investment and bitcoin is not without risks. additionally we are not done with fiat so we still need it and if someone is trading to earn, then you also have to store some fiat to actually earn something that is spendable everywhere instead of bitcoin that is only spendable some places.
but at the same time you want to increase your shares of this scares currency so you store part of your profit in bitcoin.
of course in the end it will all come down to individual strategies and the amount of money someone has. for example if you are trading with 0.001BTC then it doesn't make much sense to go to fiat or have part in fiat and part in bitcoin!
as an investor you should always consider the risks of your investment and bitcoin is not without risks. additionally we are not done with fiat so we still need it and if someone is trading to earn, then you also have to store some fiat to actually earn something that is spendable everywhere instead of bitcoin that is only spendable some places.
but at the same time you want to increase your shares of this scares currency so you store part of your profit in bitcoin.
of course in the end it will all come down to individual strategies and the amount of money someone has. for example if you are trading with 0.001BTC then it doesn't make much sense to go to fiat or have part in fiat and part in bitcoin!
I would prefer increase in bitcoin than increase in dollar.
Although at the long run its still samething
Although at the long run its still samething
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
Many people said choosen bitcoin, but for me, i prefer to FIAT but not more than 100%, i mean 70% FIAT and 30% Bitcoin. Why prefer FIAT? While trading, i need real money for my life because bitcoin still can't used for spent or used for transaction in my country. 
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