Post
Topic
Board Altcoin Discussion
Re: Exchanges
by
wuvdoll
on 10/04/2018, 07:55:49 UTC
I'm wondering if it's worth exchanging Bitcoin to Monero for security as Bitcoin is quite volatile and monero seems less so. Any advice would be appreciated.
You should do your own research. All crypto's are volatile and subject to risk.

If I were you I will stick to bitcoin but if you really like monero then you can have both since monero is also my choice with altcoins.
The best time to always buy and hold for long term is usually when everyone is scared of buying. Even if it goes down lower, just keep buying lower until you exhaust your entire budget. One way or the other, the market always recover and then you will get to start seeing your gains in the long run but it is all about time. No one should be here to get rich quick and that is the problem a lot of people are having right now.

The whole market is volatile and if OP have noticed by now, monero is not exempted, so do not think it is a move that would even pay us at all. If he wants to do that, he knows what he is doing and he wish to buy lower, then he would be better off doing it with fiat or using the equivalent such as USDT or TUSD. With that, he can at least he have fiat to buy back when the market gets lower.