Ninjastic
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Board Speculation (Altcoins)
Re: sell bitcoin to buy fiat or altcoin?
by
AjithBtc
on 20/09/2019, 22:25:13 UTC
Quote from: Cherylstar86 on September 20, 2019, 08:33:01 PM
Quote from: Bitcoin Seller on September 20, 2019, 07:26:16 PM
Quote from: Adelek15 on September 07, 2019, 03:50:02 AM
On the off chance that you sell Bitcoin for fiat now, you will lose. It will be smarter to discover a trade with the best rates and sell BTC there to get altcoins. I would pick Gladius, IOTA, OmiseGO, Qtum, and Komodo


I would sell some altcoins only as sooner or later, they will vanish. I am sure that Dash and Monero will survive. Ethereum might stay the second cryptocurrency in the rating for years. Bitcoin has more chances to go up than go down. Therefore there is no need to sell it to get fiat. Some BTC (or Satoshi, it depends on the amount you have) can be exchanged for the best altcoins.

If you're not afraid of taking risk, do those possible things that you think good for your asset. But if you think bitcoin will be more efficient than the other coins, then pursue that expectations. As of this moment bitcoin and eth remained a strong foundation of cryptocurrency, yet price didn't fall so bad compared with other coins.
There are more cryptocurrencies that have grown big in percentage compared to bitcoin, but it is very hard to find. Another thing, those are highly luck dependent because among the entire list of cryptocurrency only the lucky ones get to invest and get back the profit. I came across a person buying a token for $0.1 and selling for $4 within few weeks time.