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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 21. (Read 198829 times)

newbie
Activity: 51
Merit: 0
I think the more digital currencies that exist the more opportunities to trade. Ethereum as well as other cryptocurrencies each have their own unique features, but when it comes down to it, it's all about making a profit from them. Yes, I've diversified in eth along with other ones.

Apart from ETH, the Monero and ZCash could be a good choice.
member
Activity: 75
Merit: 10
I think the more digital currencies that exist the more opportunities to trade. Ethereum as well as other cryptocurrencies each have their own unique features, but when it comes down to it, it's all about making a profit from them. Yes, I've diversified in eth along with other ones.
hero member
Activity: 1034
Merit: 558
more like a healthy pump  Cheesy
Why people keep saying that ETH is a pump? Is that only because IBM and Microsoft accept it? I think that even if $40 is not the real price (built purely on demand and offer) ethereum is still a good coin worth supporting. I invested in it when the price was $16 (I guess I got lucky) and I'm expecting it to be around $200 in a few month. So yer, perhaps even now is still a good time to invest in it, although the price has already grown.

so perhaps we can call it a bubble or manipulated to have price based on some illusion, set by someone somewhere? I'll keep trading it short, even if it goes to $1000.
people who are buying it to hold are mostly doing so because of marketing and social engineering on forums and social networks.
I have no use for it, to me its only just another instrument for leveraged trading.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
more like a healthy pump  Cheesy
Why people keep saying that ETH is a pump? Is that only because IBM and Microsoft accept it? I think that even if $40 is not the real price (built purely on demand and offer) ethereum is still a good coin worth supporting. I invested in it when the price was $16 (I guess I got lucky) and I'm expecting it to be around $200 in a few month. So yer, perhaps even now is still a good time to invest in it, although the price has already grown.
sr. member
Activity: 319
Merit: 250
I had many Ethereums before, in 2015, but I sold most of them and I am regretful now, my average sell price is 0.003 btc according to poloniex, I missed a 10x gain.
No one imagined that there will be a pump in all the major alt coins and i personally sold everything long time ago and gambled off the rest and never considered them to increase in value but i was wrong but i do have my share in bitcoin and i am still happy about it,but i will be more careful in the future.
legendary
Activity: 1568
Merit: 1000
I had many Ethereums before, in 2015, but I sold most of them and I am regretful now, my average sell price is 0.003 btc according to poloniex, I missed a 10x gain.

Sorry to hear that. If the bitcoin is in trouble, the Ethereum will rise further.
Bitcoin and Ethereum prices often move in opposite directions. Ethereum is nothing like Bitcoin: it's centrally controlled, the millionaire-creator can hard fork basically whenever he wants (or needs) to save his interests, and it's attrackting attention from big corporations and banks ("the consortium").
Bitcoin on the other hand is unregulated. That's a feature, not a bug!

Keep telling yourself that on the way down to 500 and below.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
I had many Ethereums before, in 2015, but I sold most of them and I am regretful now, my average sell price is 0.003 btc according to poloniex, I missed a 10x gain.

Sorry to hear that. If the bitcoin is in trouble, the Ethereum will rise further.
Bitcoin and Ethereum prices often move in opposite directions. Ethereum is nothing like Bitcoin: it's centrally controlled, the millionaire-creator can hard fork basically whenever he wants (or needs) to save his interests, and it's attrackting attention from big corporations and banks ("the consortium").
Bitcoin on the other hand is unregulated. That's a feature, not a bug!
newbie
Activity: 29
Merit: 0
Hi,
I developed a web site that allows users to receive free email alerts when ETH price meet a certain price condition (based on kraken rates).

https://alerts-trading.com/

Price is monitored every 1 minute, 24/7. Service is provided free of charge.
Hope it's usefull.
Comments are welcome. Have fun, and happy trading.
legendary
Activity: 1260
Merit: 1009
dump,

Then pump,

Then dump,

Then pump...
legendary
Activity: 1568
Merit: 1000
Yes, I used BTC to borrow ETH so I could sell them short.  Grin

Maybe it is time to short some ETH as the price is dropping.

I'm not liking the low volume compared to previous days so I've sold again a part of my stack. I don't think the price would correct that further as I previously envisioned but I think there's a real chance it will settle below $40 acting as resistance, seems to have a lot of trouble staying on top of it for now and it seems only based on the BTC/ETH pair.

I think BTC will eventually trend down (even with good news about the fork) and it will drag ETH with it at least temporarily.
jr. member
Activity: 214
Merit: 1
Yes, I used BTC to borrow ETH so I could sell them short.  Grin

Maybe it is time to short some ETH as the price is dropping.
full member
Activity: 187
Merit: 103
How do I buy ETH coins
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
Yes, I used BTC to borrow ETH so I could sell them short.  Grin
legendary
Activity: 1568
Merit: 1000
What about that DASH though...crazy, did you guys read about the guy who shorted himself to poverty on Reddit?

https://www.reddit.com/r/ethtrader/comments/606fz4/my_final_margin_call/

Totally irresponsible. These guys get lucky with risky trades and think they're untouchable, until they're wiped out. Shorting is a tool that needs to be used judiciously - analysing the charts, setting proper limits, and hedging yourself. Doubling down against a multi-year breakout is foolhardy as these things can really run away, as we see with DASH.

Definitely, I've done some margin trading in the past in crypto and it's not worth the stress. The market is completely unpredictable at times, downright illogical since there's too much manipulation. Unless you have first source insider information there's definitely something to avoid. I think you should also be a very novice trader that can't take minor loses. Especially shorting like you said, it's something very hard to do (I've always lost money shorting, luckily I close them as soon as the trade wasn't going my direction).

And I'm not even a trader per se, more of an investor who sometimes see some opportunities based on sentiment alone. I really don't care for technical analysis especially in terms of crypto
hero member
Activity: 2464
Merit: 519
Well, had no option but to bet part of my stash on it. Maybe I've been too complacent over the threat to Bitcoin from BU. Embarrassed

I am also thinking of converting some of my bitcoins into ETH or ZEC.
It is still a big risk. I thought few people are adopting it until I noticed how it has affected the price of bitcoin. It is just one of the few options
newbie
Activity: 24
Merit: 0
I had many Ethereums before, in 2015, but I sold most of them and I am regretful now, my average sell price is 0.003 btc according to poloniex, I missed a 10x gain.

Sorry to hear that. If the bitcoin is in trouble, the Ethereum will rise further.
sr. member
Activity: 246
Merit: 250
I had many Ethereums before, in 2015, but I sold most of them and I am regretful now, my average sell price is 0.003 btc according to poloniex, I missed a 10x gain.
legendary
Activity: 2842
Merit: 1511
What about that DASH though...crazy, did you guys read about the guy who shorted himself to poverty on Reddit?

https://www.reddit.com/r/ethtrader/comments/606fz4/my_final_margin_call/

Totally irresponsible. These guys get lucky with risky trades and think they're untouchable, until they're wiped out. Shorting is a tool that needs to be used judiciously - analysing the charts, setting proper limits, and hedging yourself. Doubling down against a multi-year breakout is foolhardy as these things can really run away, as we see with DASH.
hero member
Activity: 1034
Merit: 558
more like a healthy pump  Cheesy
legendary
Activity: 1568
Merit: 1000
Well, had no option but to bet part of my stash on it. Maybe I've been too complacent over the threat to Bitcoin from BU. Embarrassed

I am also thinking of converting some of my bitcoins into ETH or ZEC.

I've bought back some at $40.5, doing well right now, this seemed to be a healthy correction mixed with market uncertainty with all the BTC panic going on. Let's see what happens during the week, I'm confident the uptrend can continue but not so steep like before unless a real flippening happen.

What about that DASH though...crazy, did you guys read about the guy who shorted himself to poverty on Reddit?

https://www.reddit.com/r/ethtrader/comments/606fz4/my_final_margin_call/
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