I'm using Kraken
How about i move all BTC to fiat currency instead?
And then buy back BTC whenever i feel like it might be going the right direction?
And also, i have a few other coins like ETH, LTC.
Should i convert them all to fiat or only BTC?
What would be your advice
Thank you
A confused contradiction, should I convert my BTC to Fiat or should I convert my alts to BTC, fiat or BTC? Personally I do believe that Bitcoin price will hit $3K once Segwit gets activated, by the last week of August, not an investment advice, just an intuition.
Bitcoin was and is going in the right direction, if temporary hiccups and price fluctuations means wrong direction then you aren't yet ready for Bitcoin. Funds are yours so choice is yours, you can convert BTC to Fiat or alts to Fiat/BTC, and buy back
whenever you feel it is going in the
right direction.
Thank you for your reply
The reason for me to wanting to move to fiat is that i 'think' that it will swing up and down with all these uncertainties.
So might as well try and sell at a high price and buy in again at a low price.
There are many stories about coinbase and others moving their btc's to offline wallets, but i do think that the split opens up some interesting day trades too.
Since Coinbase does not support BTCC, would Kraken support both? i could not find much about this