To start,
1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.
Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.
Generally i buy bitcoins in exchanges and on the bitcoin app we use in my country.
I use many exchanges ,but mosty bittrex and polo.
Yes , i use to trade all in bitcoins and after selling go back in btc.
No ,i don't convert i use bitcoins to withdraw .
He means on converting your bitcoin to fiat for you to withdraw directly either on your bank or any other options. We do really need to convert it to fiat if we do tend to cash out it.Yes, we can purchase bitcoins on exchangers and we do select on the exchange which would really suits us. Bittrex,Poloniex are the common place on where people do usually buy bitcoin and also using Localbitcoins.