Post
Topic
Board Altcoin Discussion
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
by
Agozyen
on 19/09/2018, 23:41:19 UTC
To really purchase BTC and ETH is very easy, some​ wallet even allow you to purchase with your credit card and deposit directly to your bank account. But it's not that easy to Exchange your​ altcoins for fiat. Is it the fact that altcoins are scattered in exchanges and you have to register in different exchanges that support the altcoin you want to trade or the fact that sometimes the price changes really fast and if you sell high it might take some time before your order get filled. I really find it really stressful/frustrating after all we went through alot of stress while participating in airdrop/bounty.

Altcoin prices are too volatile to pair against fiat, that's why you can only exchange a few coins for fiat.  If you want to get your money out of altcoins convert it to BTC/ETH or whatever and sell that.  We are a ways off from being able to exchange altcoins for fiat on a large scale.