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Author Topic: Is it better to exchange your altcoins for dollars or btc?  (Read 4324 times)

pragna

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Is it better to exchange your altcoins for dollars or btc?
« on: December 01, 2018, 08:02:51 AM »
I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.

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Is it better to exchange your altcoins for dollars or btc?
« on: December 01, 2018, 08:02:51 AM »

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Offline alyanov

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #1 on: December 01, 2018, 09:58:15 AM »
I prefer to exchange my altcoin to my bitcoin rather than the dollar, because the exchange that I often trade is exchanging more bitcoin to altcoins and vice versa than bitcoin to the dollar, the value of bitcoin is more volatile than the dollar

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #2 on: December 01, 2018, 11:34:47 AM »
I don’t think that now it’s worth exchanging our tokens for bitcoin or fiat. Tokens have now dropped in price by about 90 percent and cost almost nothing. Therefore, there is no point in exchanging them now. The cryptocurrency market will rise, then our tokens will also go up in price. Then they will bring much more profit than if they are exchanged now.

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Offline Ahmedalab

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #3 on: December 01, 2018, 01:29:10 PM »
As for me, i prefer to exchange my altcoin to my bitcoin rather than the dollar, because the exchange that I often trade is exchanging more bitcoin to altcoins and vice versa than bitcoin to the dollar, the value of bitcoin is more volatile than the dollar

Offline Hope15

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #4 on: December 01, 2018, 01:48:17 PM »
I prefer to exchange my altcoins to btc cause it's easy for me to withdraw since I'm using coins.ph wallet it's easy for me to convert from btc to Php.
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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #5 on: December 02, 2018, 01:05:20 AM »
Crypto is a very modern payment tool, the price that keeps changing makes everyone want to have it, the concept of crypto is to make it easier for everyone to transact safely, the technology owned by the altcoin is better than Fiat.All decisions are in your hands.

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #6 on: January 24, 2019, 12:04:40 PM »
I never think to keep all my assets on altcoins. So, yes, some needs to exchange for dollars or BTC. We need to prevent the risks on investment. Since we know that volatility on altcoins is very high, it is better to sell some of them when the prices have improved. 
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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #6 on: January 24, 2019, 12:04:40 PM »


Offline nufika89

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #7 on: January 24, 2019, 12:20:43 PM »
For now, I still keep all my altcoins in wallets and don't exchange them for dollars or bitcoin. Actually I really want to exchange them for bitcoin but unfortunately the prices are still very cheap. It will be worthless to sell now. When the prices have already improved, I will sell them for BTC. 

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #8 on: January 24, 2019, 12:41:19 PM »
Cryptocurrency is very good to use as an online transaction, because everyone will not bring large amounts of money just to buy a car. I strongly support this technology. And hoping paper money and crypto can unite to make transactions easy to use for everyone.
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Offline tamango

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #9 on: January 24, 2019, 01:56:11 PM »
I think that if you want to stay in crypto it's better to change the altcoins you want to sell on BTC, otherwise if you need to monetize I think it's better to change directly to FIAT instead of using a stablecoin...
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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #10 on: January 24, 2019, 04:36:07 PM »
If you want to buy grocery items but the nearby stores do not accept bitcoin or other crypto, what would you do?

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #11 on: January 24, 2019, 05:34:49 PM »
I will sell the altcoins that I have to be bitcoin or ethereum first, because the exchange market usually has these pairs. Then just be converted into cash before we withdraw.

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #12 on: January 24, 2019, 06:22:14 PM »
if the market is up and the altcoins are on the same path with bitcoin better exchange it to bitcoin, then if market is falling down change it to usd

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #13 on: January 24, 2019, 07:52:53 PM »
I prefer exchanging my altcoins to btc or ethereum rather than dollars, it is easily transferable  and converted to cash. Moreover, the exchange sites most times lists the alts to be exchanged for ethereum or sometimes bitcoin. I have never exchanged altcoins for dollars before.

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Re: Is it better to exchange your altcoins for dollars or btc?
« Reply #14 on: January 24, 2019, 11:08:27 PM »
I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.

I personally prefer exchange my altcoin for BTC,  because I still believe  Bitcoin will rise again like 2017. I hope it will happen

 

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