Post
Topic
Board Exchanges
Re: Bitcoin exchange rate
by
nidacoinlove
on 04/11/2017, 14:46:13 UTC
Im new here and i just want to ask a question..Does bitcoin exchange rate varies from time to time? If so, when is the best time to convert bitcoin into money? Is it necessary to just save all the bitcoin and trade or use it after several years?
Well yes the Bitcoin exchange rate varies i.e. the Bitcoin price is basically the exchange rate with the dollar. The best time to convert your bitcoin into fiat is when the price is high. Right now is the best time to exchange your bitcoin to fiat. It is not necessary to save all the Bitcoin but it is better to save a portion of your earnings. Also everyone is a best manager for himself. No one knows about my issues and problems and so do I. So, when you feel that you are in need of fiat or you are not in a position of saving bitcoin; it's your choice to manage it.