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kimberly24

How to trade my other cryptos to get bitcoin?

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On 12/19/2019 at 10:48 AM, kimberly24 said:

What are the best thing to do with my other cryptocurrencies? I am planning to trade it to Bitcoin. Is that advisable?

Trading is only method to get btc from other crypto coins. Because if you would collect other crypto coins like ltc then they would be ltc forever so you have to convert them into btc and trading is the way of conversion. You should trade these coins to btc when their price rises.

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Yes, you can trade your other currencies against Bitcoin, so this is the best option or the dollar, and these two options are the most used


THINK POSITIVE

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yes ofcourse,you can do whatever you want with your coin,anyways to trade your bitcoin you will just need to search which coin has a good potential on increase in price,then just select it in the market and set how much your price is.

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On 12/19/2019 at 6:18 AM, kimberly24 said:

What are the best thing to do with my other cryptocurrencies? I am planning to trade it to Bitcoin. Is that advisable?

well, of course you can trade them with btc but, you know how trading works? if not then i would not suggest to start trading without any knowledge. so before do that you should learn, at least, some basics fundamentals otherwise you will lose your whole balance

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I would like to tell you that don't getstuck with only Bitcoin as a Crypto coin try to experience some other altcoins also because as now you all are seeing that altcoins like etherium ripple and etc are going well and giving a good earnings to the users.

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I feel you can fall for btc from yobit chat by advertising your cryptos. yobit is the unsurpassed argument for export any crypto and the exchnageis secured.
 

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We can trade crypto and make us earn more money as we transfer coins from one to the other.

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You can trade any cryptocurrency to get more profits, you just have to sit down search for the best coins and trade them with experience

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To be able to commerce a person's altcoins so that you can make bitcoin, you can use this for yobit by way of urgent for bitcoin plus find altcoins you should transfer, and you will then be aware of the stock trading stand.

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Which coin did you choose for yourself? Did you choose the trading platform? I recommend trading with etherem, ripple, litecoin. If you want to increase your profits, you have to work with many currencies

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If bitcoin has risen in price, then it is worth exchanging all your cryptocurrency reserves for bitcoin. It is up to you to choose whether or not to do this. 


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I do not motivate you to do that, but it is the closest thing to correctness. If you want to achieve profits, this is a long-term thing. Because if you start to make things worse now, you have to be patient.it is better for you also under these circumstances

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Probably a good plan. I've also sold most of the alt-coins I've gathered so far for Bitcoin, as I see it gaining even more dominance and beginning a bull run, without altcoins following.

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On 12/19/2019 at 8:48 AM, kimberly24 said:

What are the best thing to do with my other cryptocurrencies? I am planning to trade it to Bitcoin. Is that advisable?

I reckon you want to do it the opposite of what considers the common trading path. As far as I know, most traders usually trade with bitcoin and convert some of their bitcoins to altcoins to extend their portfolios to earn more and increase their chances by dealing with a variety of coins. Bitcoin should be your main investment and think of altcoins as your auxiliary investment. When you face any problem with bitcoin, you can continue gaining profit with altcoins and convert them to bitcoin to collect more capital. Since altcoins are easier to mine, you can trade with bitcoin and mine altcoins in the meantime. This is another way to deal with altcoins.

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A good way to trade Bitcoin versus other currencies is to increase the amount of Bitcoin you own and get good profits


 

Life is great and enjoy it

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Bro if you already have good coins whose future is bright like XRP, ethereum, NEO, EOS (based on my own analysis and prediction) then no need to do anything with these coins because you can get good profit in future if you just hold these coins. But if you have other coins then yes it is adviceable to convert them into btc or above mentioned coins.

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Well dear if you have other good amount of coins then exchange all coins in bitcoin, then hold this bitcoins because now btc prices increase, maybe this month bitcoin hit 10000$ dollars, so its good opportunity to earn profit 

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You can invest  into crypto market if you have spare funds because this is financially strong profitable market only for those who have strong experience in crypto market. But if you have don't have experience then be careful about investing into this market. 

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you mean exchange your other coins to btc ? well there are many exchanges you can use them but if you have small amount of each coin you can send them to binance exchange and exchange them to bnb and then trade bnb to btc.

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On 3/24/2020 at 9:23 PM, bliznec said:

If bitcoin has risen in price, then it is worth exchanging all your cryptocurrency reserves for bitcoin. It is up to you to choose whether or not to do this. 

The importance of keeping a diversified portfolio tells us that converting all coins to one coin is not recommended even if that coin is as trustworthy as bitcoin. It depends on the coins that you have. If all your other coins are weak and less tradable coins, converting them to more powerful coins can help a lot. I only convert to bitcoin when I see bitcoin has surpassed my coins in terms of price change speed. If I don't see any benefit, I will keep and avoid conversion because each conversion is a transaction which requires fees.

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8 minutes ago, Brushless4500KV said:

The importance of keeping a diversified portfolio tells us that converting all coins to one coin is not recommended even if that coin is as trustworthy as bitcoin. It depends on the coins that you have. If all your other coins are weak and less tradable coins, converting them to more powerful coins can help a lot. I only convert to bitcoin when I see bitcoin has surpassed my coins in terms of price change speed. If I don't see any benefit, I will keep and avoid conversion because each conversion is a transaction which requires fees.

Commission is a matter of exchange and exchange takes its funds for the work done. Thanks for explaining, my friend. Basically, I choose those pairs that require the least commissions to exchange, for example, rubles in a pair of bitcoin. 


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Perhaps bitcoin will rise in price. And to change altcoins or not it depends on what coins you have. I for example such early coins as ETH LTC DASH XMR XRP DOGE etc would not change. They have potential.


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you may do this but ensure that you may earn in case you try this due to the fact crypto is very volatile and before you trade you need to recognize what you're doing and study how the marketplace works.

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First choose a right platform or website that you know trusted to make a trade. Second you need to choose the right asset in order for you to earn and make your funds grow in trading. And last set your goal to make a path in to your trading.

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You can trade with any crypto currencies and then exchange them to bitcoin. This is how i do, i use some faucets to earn litecoins and i earn them like 0.0015 LTC everyday, then i use that litecoin to trade binary options through faucetpay and trading view then in few minutes i make 0.15 LTC then i exchange that amount to bitcoin and i trade with it in levarage trading through bybit or phemex.


■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

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|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

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