Bitcoin vs eth - page 2. | Bitcointalksearch.org

Fatunad

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Quote from: ipanks on February 03, 2021, 12:17:07 PM

Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much

The question is, do you still hold 1 bitcoin and 20 ethereum now? Because if you already sell your bitcoin and ethereum, you will not make a big profit now. Bitcoin and ethereum can increase so high this year, so if you still have your bitcoin and ethereum, you can expect to make a lot of money from both bitcoin and ethereum. But we do not have an exact number on how high bitcoin and ethereum price will increase later because, in the crypto market, there are many possibilities for those coins to hit the very highest price.

Only he knows if he had or hadnt sold off those bitcoin and Eth and just like what you said if he had still able to hold off those coins then profits that the made are really significant

but if he had sell off earlier then it isnt still a bad call as long he do make profits then that would be still considered as a good move even though the profit is less but
profits will be still profits.

Questions on mind will really be popping out when you are actively trying to look on market price but if you do plan for long term then
these things wont really be bothering you.

ipanks

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Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much

The question is, do you still hold 1 bitcoin and 20 ethereum now? Because if you already sell your bitcoin and ethereum, you will not make a big profit now. Bitcoin and ethereum can increase so high this year, so if you still have your bitcoin and ethereum, you can expect to make a lot of money from both bitcoin and ethereum. But we do not have an exact number on how high bitcoin and ethereum price will increase later because, in the crypto market, there are many possibilities for those coins to hit the very highest price.

nrvasquez

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Quote from: BuNga_cute on February 03, 2021, 11:04:36 AM

If you are still holding the Bitcoin and Ethereum that you bought one year ago, you shouldn't sell it first. Because these two coins are very
profitable if they are in HODL for a long time. Then my advice is not to transfer your Bitcoin to Ethereum. However Bitcoin is still better than
Ethereum. So the wise thing to do is indeed invest in Bitcoin and Ethereum. Now the prices of Ethereum and Bitcoin are starting to slowly
increase, so it's very lucky if you bought them a year ago.

Yep, especially ethereum. currently ethereum is very green and may continue to rise in price. I think if you want to get profit right away, you have to set the level of profit you get, so that you can get the maximum profit from the bitcoin and ethereum you have.

adzino

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www.Crypto.Games: Multiple coins, multiple games

If you think Eth price is undervalued, then go ahead, invest in ETH. There are lot of people who think ETH price isn't reflecting its actual value and believes that it will skyrocket in the future. So, if you have the same feeling too, who is stopping you?
Though I wouldn't suggest you to convert your BTC investment to ETH. Keep holding your Bitcoin investment. Splitting between different coins will reduce your risks. Invest further in ETH only if you can afford to invest. If not, then just hold whatever you have for now.

BuNga_cute

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If you are still holding the Bitcoin and Ethereum that you bought one year ago, you shouldn't sell it first. Because these two coins are very
profitable if they are in HODL for a long time. Then my advice is not to transfer your Bitcoin to Ethereum. However Bitcoin is still better than
Ethereum. So the wise thing to do is indeed invest in Bitcoin and Ethereum. Now the prices of Ethereum and Bitcoin are starting to slowly
increase, so it's very lucky if you bought them a year ago.

Silberman

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Quote from: darewaller on January 29, 2021, 10:35:03 AM

Diversification is definitely something everyone should consider, I have some money in gold, some money in some construction stock, and over 50% on crypto itself because that is the one I like the most. Don't get me wrong I am not even rich, this is all combined less than 5k dollars in the end, I have about 3k in crypto, 1.2k in gold and 800 in stocks and that's about it. As long as you can keep putting money back in to your savings as long as you can, you are going to be in big profit at the end, the point is to get retired early and enjoy life longer.

People end up working until they are 70 and that is not really a way of living, if you love your work and want to work until you die that is fine but that rarely happens, so if you can retire at 40 and live another 40 years all retired and having fun, that would be a good life to me which is why I will keep working to put money aside as much as I can until I am 40, I am not planning on getting rich tomorrow and make my decisions based on that.

Most people will never do something like what you are doing since for the most part they are only thinking about the present and never about the future, as much as I hate pension funds if governments did not mandated by law to have some of that money stored away for your future I am sure there will be many people that will literally have to work until the day they die, but just because that is the most common scenario that means we have to follow them and if we can retire early we must make an attempt to do it and bitcoin is the best tool to achieve financial independence.

ven7net

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Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much

I also asked this question and was sure that ETH would be able to show an excellent result and a good price, which to some extent happened, but not as much as I would like. Studying the history of the development of the crypto market and cryptocurrencies, I saw a certain regularity, a cyclical nature every four years, when at the end of each cycle the top cryptocurrencies show great growth. 2021 is just the last year of the next cycle and should show the same result, however, the situation in the world has changed somewhat and now there is some uncertainty. Personally, I decided to distribute my funds to several cryptoassets, namely BTC, ETH and LTC. As far as ETH is concerned, I still believe that ETH will show great growth this year.

doomloop

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Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts

I guess that you might have bought bitcoins around $4k to $8k and I don’t think it is going back to that $4k and $8k value again, if it’s going to drop it’s going to be around $12000 and $16,000. If you check the past charts it’s always something similar, the lowest price gets higher every time, so I believe that it has passed that level of below 10k.

But I am not so sure about this, since the price dropped from the last all time high price of over $41k, it has been around $30k and sometimes it will go up a bit, so I can’t predict what will be the next, just saying based on the options that you have given, the things that are likely to be possible.

Waltmart

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Ethereum vs Bitcoin is a confrontation that everybody in the crypto industry and greater community area observes intently.

Since these two crypto assets are tremendously different, it is hard to say precisely which is the best investment.

As a matter of fact, you can exchange 'em both at kucoin: BTC, ETH

Bitcoin is currently 20 times the price per ETH; nonetheless, this wasn't generally the situation and was nearer to only 10 times.

Oceat

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Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much

Why would you want to switch your Bitcoin to ETH when Bitcoin is actually gaining this time? Why not hodl both of those cryptocurrency and wait for the right time to sell them, I'm sure by the time to Bitcoin and ETH they were nowhere near to the current price today.

Just look at the volume of both crypto you bought and compare it to the time when you bought BTC and ETH last year. I'm pretty sure there's a big difference with them so why not stick your hope to both BTC and ETH. If you are still planning to hodl it for too long then why not wait when Bitcoin breaks another ATH and ETH would probably going to follow but I can't tell exactly when will Bitcoin is going to break another ATH again.

pawanjain

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Nothing lasts forever

If you bought bitcoin a year ago the price of bitcoin was around $7500. Now the price of bitcoin is around $33000 and that is around 4.4x gains from the capital investment.

If you bought ether a year ago the price of ether was around $150. Now the price of ether is around $1300 and that is around 8.6x gains from the capital investment.

You say that ether is dumping but I would say that it's not dumping but a minor correction so that it creates a bigger spike in the market.
Don't worry about the short term dumps and focus on the long term gains. I guess you should not exchange your bitcoin for ethereum as 20 ETH is already a good amount to hold.
If you want you can take out a little profits now and if not then just keep holding your entire portfolio as it is for huge long term gains.

john_nautica

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Quote from: Hobo66 on January 29, 2021, 10:57:34 AM

Wair little more almost 2 month you will be surprise bitcoin will raised to 50k and Eth price will raise to 1600.
You have choose good coins and you can make a good profit. You can sell now hald reward but i will recommend you tp hold for atleast two month more

I agree. Holding would be the best decision you could make for now. If you wait a little longer, you will reap much more with what you sow. Who knows, maybe the value of coins now would be greater after some time right. Just whether your decision would be to hold or sell, think it over many times before finally doing it.

Hobo66

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Wair little more almost 2 month you will be surprise bitcoin will raised to 50k and Eth price will raise to 1600.
You have choose good coins and you can make a good profit. You can sell now hald reward but i will recommend you tp hold for atleast two month more

darewaller

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Quote from: konflikkastil on January 29, 2021, 03:15:51 AM

That's was a very smart thing you did for yourself, I must commend you for that. If you actually bought it a year ago, the price at as that time should be less than$12,000. And with the current price now you have made way more than 150% profit. One thing I know about the crypto market is the ups and downs. Things can't always be like this, the price has changed drastically within just few weeks, from around $41,000 plus down to $33,000. And of which it's still going down. It will be good if you can divide it into two and take out some part of it to enjoy yourself or probably invest into another thing or business to reduce the risks of having all your Investments in just one place. Or remove the whole profit that you have made and leave the initial investment that you started with. Enjoy yourself you have invested in the right time.

Diversification is definitely something everyone should consider, I have some money in gold, some money in some construction stock, and over 50% on crypto itself because that is the one I like the most. Don't get me wrong I am not even rich, this is all combined less than 5k dollars in the end, I have about 3k in crypto, 1.2k in gold and 800 in stocks and that's about it. As long as you can keep putting money back in to your savings as long as you can, you are going to be in big profit at the end, the point is to get retired early and enjoy life longer.

People end up working until they are 70 and that is not really a way of living, if you love your work and want to work until you die that is fine but that rarely happens, so if you can retire at 40 and live another 40 years all retired and having fun, that would be a good life to me which is why I will keep working to put money aside as much as I can until I am 40, I am not planning on getting rich tomorrow and make my decisions based on that.

blckhawk

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Quote from: brandtalex on January 29, 2021, 08:24:56 AM

Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much

If you bought both BTC & ETH a year ago, and still thinking if you should transfer those BTC into ETH then maybe you missed the new ATH of both coin/token? If you still holding both and getting FUD because it's on the verge of correction, what you should do is keep on holding those 'til another ATH has come.

I don't think it's too late because the market is about to rise again especially Bitcoin surging so fast from $30k into $38k in a single amount of time. I'd say that this could be the right time for you to make a profit. You could for more though but I wasn't so sure if this will last longer, I'd suggest is to set your exit and don't be greedy. Being greedy is one of the reasons why we always lose the opportunity to make a profit and always ended up having no choice but to wait for a couple more years for another ATH.

Serious475

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Good to know that you bought a bitcoin and ethereum qt at a lower price this gives a good money return right now during this pumping we must grab the opportunity to have a good market entry our goal is just one which is getting a profit even not huge enough. It's just already starting the price of the coin comes a good future the bitcoin still dominating the market there is following the same path of it which is can leave the bitcoin sooner to have it's own another all-time high. Elon musk an investment today can change everyone's perspective and changes the market price in just a single second. Truly that patience is the key to the bigger treasure.

brandtalex

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Quote from: Arsun on January 21, 2021, 07:27:11 PM

A year ago I bought 1 BTC and 20 ETH
I have very high hopes for eth and was wondering if I should transfer all or some or none of that bit coin into eth.
It’s dumping right now but I was thinking since there’s a discrepancy in the price might be a good time to get in
Let me know ur thoughts
Thanks so much

If you bought both BTC & ETH a year ago, and still thinking if you should transfer those BTC into ETH then maybe you missed the new ATH of both coin/token? If you still holding both and getting FUD because it's on the verge of correction, what you should do is keep on holding those 'til another ATH has come.

k@suy

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Quote from: Mahanton on January 28, 2021, 04:59:27 PM

Quote from: Arsun on January 21, 2021, 07:27:11 PM

Why wont you hold both instead? If you have bought these coins a year ago then for sure you are already in profits if we do try to compare the past price and the present time price
of bitcoin and etherium and for sure you are on the profiting side unless if you do decide to convert those ETH then switching up to btc then its your choice
but hey diversifying is always recommend so its still your choice though.

We shouldnt try to compare both different markets because bitcoin can move without relying alts or entire market condition and same goes with ETH.
If you do want to max out possible profitability then going for both is the best bet.

Exactly, to be honest i am only dreaming of having both ethereum and bitcoin in my own hard wallet and i will choose to keep both as my long term investment. I am so amazed with these two cryptocurrencies and in fact thinking that you have already purchased your own ethereum and bitcoin a year ago before bullish market were amazing and if you able to make it grow or even you just kept it in your wallet then your 20 ethereum and 1 bitcoin have already a great value.

konflikkastil

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Sovryn - Brings DeFi to Bitcoin

That's was a very smart thing you did for yourself, I must commend you for that. If you actually bought it a year ago, the price at as that time should be less than$12,000. And with the current price now you have made way more than 150% profit. One thing I know about the crypto market is the ups and downs. Things can't always be like this, the price has changed drastically within just few weeks, from around $41,000 plus down to $33,000. And of which it's still going down. It will be good if you can divide it into two and take out some part of it to enjoy yourself or probably invest into another thing or business to reduce the risks of having all your Investments in just one place. Or remove the whole profit that you have made and leave the initial investment that you started with. Enjoy yourself you have invested in the right time.

boyptc

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Quote from: Silberman on January 28, 2021, 03:50:21 PM

I do not know how good of an idea it is to sell your coins now when to me the bull market is just starting out and there is so much potential left, and even worse investing in a business now is a bad idea

It's a good idea if you're in profit when you sell. That's the basis of why you're selling it.

Whether we're in the bull market or bear market but if you decide to sell because you're in profit, that's better than selling in losses because you're stopping further loss.

Bitcoin pumped to $42k and now in $33k where in fact a month ago, it's less than the price we have. In the case of OP, he had bought it a year ago, the price of bitcoin during that time was under $10k.

And for Ethereum, that was under $200.

Topic: Bitcoin vs eth - page 2. (Read 698 times)