Altcoins Talks - Cryptocurrency Forum

Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: pragna on December 01, 2018, 08:02:51 AM

Title: Is it better to exchange your altcoins for dollars or btc?
Post by: pragna 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: alyanov 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
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Fenix 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Ahmedalab 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
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Hope15 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Dexzon 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: leodiaz 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. 
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: nufika89 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. 
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Cutter Cute 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: tamango 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...
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: KYB40 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?
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Thegals 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: akitha 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
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Xtinah 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.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: pacar_tiri 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
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Irish on January 24, 2019, 11:46:07 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.
The Bitcoin rate is very different from the dollar, so of course, it is better to exchange for Bitcoin. But now the market is in a bad state and it’s safer for me to exchange for a dollar.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: alltalk on January 24, 2019, 11:51:09 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.

Good choice. Selling altcoins for bitcoin, ethereum, or top altcoins are better to have a chance getting more profits. I did this way sometimes but not for all times. In other situation, I sell my altcoins for dollars or Fiat.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: luvr1000 on January 24, 2019, 11:56:28 PM
I do not advise you to change the coins, it is better to keep them in your wallets because the profit can be much more, but if you still change it is best to bitcoin
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: bagas79 on January 25, 2019, 01:53:23 AM
I don't think there's a harm in they want to exchange their coins with fiat or with other coins. As long as it can benefit us all why not. But maybe if we exchange our coins with fiat it will affect the trading of the coin, or maybe the opposite is beneficial for us all.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: RoyalGirl on January 25, 2019, 02:03:27 AM
If I personally prefer to use Bitcoin to dollars, because I really prefer crypto compared to fiat currencies, so far I've always been trading BTC / dollar or BTC / Altcoin. So as long as I trade I focus more on collecting Bitcoi compared to other currencies.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: napster on January 25, 2019, 05:40:22 AM
Well, if you need fia, then you can exchange it directly to fiat. Otherwise, I'd advise you to exchange them for a btc or anothr altcoins.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Rituvohra01 on January 25, 2019, 06:16:26 AM
Yes, it is better to exchange altcoins in BTC because the value of bitcoin is better than dollars. But in this bearish market some of your altcoin exchange into dollars.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: MUGNIA on January 25, 2019, 06:48:11 AM
I prefer to exchange the coins that I have with Bitcoin because of the withdrawal conditions at an affordable exchange and usually if you use $ Have a minimum of $ 100 dollars and my income sometimes does not reach the minimum
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: AMANPURI OFFICIAL INDONESIA on January 25, 2019, 06:55:41 AM
I exchanged altcoin coins with Bitcoin because in exchange there is usually a minimum of withdrawals , but I also made transactions with USD especially for now the USD is better for exchanges
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: OptimusPrime on January 25, 2019, 07:04:51 AM
Exchange it to whatever suits you, it's your choice you need to have an option when it comes. To that. I have different ways of trading my tokens
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: masterrex on January 25, 2019, 08:08:54 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.
You are absolutely correct. But on the other side of the story in my own points of views. We cant dictate the people involve in crypto-currency to do that way. Since everyone has kits own decision to make regarding on that issue. But in some instances lots of them are holding their assets for a long time instead of selling it.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Speaker on January 25, 2019, 11:28:03 AM
If you want to withdraw your coins - then convert them into dollars or stable coins.If you are confident in the growth of bitcoins and want to diversify your risks-part of the funds can be stored in bitcoins.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: ribowo76 on January 25, 2019, 11:49:54 AM
For me personally, if the token that I hold is really good and has a good future, I will keep it. Even though at this time, the value falls even more than 80%. Because I believe, when the token platform is running and the crypto market condition has improved, it will have more value than the current value
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Zemytha on January 25, 2019, 05:21:36 PM
sometimes I sell it to dollars, sometimes I sell it to btc. depending on how the exchange rate is between the dollar and btc.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Nolkupit46 on January 25, 2019, 05:24:10 PM
Very important and effective information because I already have transferred my all altcoins into BTC because I have some leaxcoin and I sell into leax/BTC pair.
Title: Re: Is it better to exchange your altcoins for dollars or btc?
Post by: Helex on January 25, 2019, 05:45:46 PM
As for me, i choose to trade my altcoin to my bitcoin in preference to the dollar, because the change that I frequently exchange is exchanging more bitcoin to altcoins and vice versa than bitcoin to the dollar, the fee of bitcoin is more volatile than the dollar.