At present I would convert the ETH to btc and invest in it because considering the past couple of months ETH has not being giving the real value for money as the price is not rising much and infact it has fallen a bit. While on other hand btc is continuously rising and making the new high every time and worth to get some profits out of this rise.
Topic: Hold ETH or exchange it for BTC and hold BTC? - page 4. (Read 1696 times)
So, the title is pretty much self explanatory. If you have an x-amount of ETH, would it be more wise to trade that for BTC and hold BTC or will ETH rise faster then BTC?
Example:
If you have 1000 USD worth of ETH - that's 3,5 ETH or so. 300 usd per ETH.
If you trade this for BTC, you have 1000 USD worth of BTC, so 0.15 BTC or something around 6000 usd per BTC.
Which one is more likely to make your 1000 USD go 2000 USD? Will ETH see 600 USD any time soon - or let me ask it differently -> is it more likely that BTC goes 12000 USD then 600 USD per ETH? What do you guys think and what would you do?
Its hard to point out which of those two would able to hit up double their recent price. Doubling possible on both candidates but i would go for ETH since its price isnt still high enough compared to bitcoin which would able to reach out easily but the situation on ETH ecosystem where there are lots of ICO or coin owners do tend to dump ETH once they accumulate enough which the thing pull down the price which it cant really increase easily.For now if you do have ETH then just let it be but if you do tend to convert to bitcoin then its your choice. Example:
If you have 1000 USD worth of ETH - that's 3,5 ETH or so. 300 usd per ETH.
If you trade this for BTC, you have 1000 USD worth of BTC, so 0.15 BTC or something around 6000 usd per BTC.
Which one is more likely to make your 1000 USD go 2000 USD? Will ETH see 600 USD any time soon - or let me ask it differently -> is it more likely that BTC goes 12000 USD then 600 USD per ETH? What do you guys think and what would you do?
Bitcoin is definitely the right one to hold right now. The recent rise has made all altcoin, including ETH, goes down. If I were you I'd sell those ETH to BTC immediately. BTC is in a good momentum right now, expect $7K-$8K before the end of the year. Besides that, there is an incentive of getting free forked coin (Segwit 2X - B2X) if you're holding Bitcoin before the fork. I predict B2X price will hover at around 0.1BTC for some time, it means an easy way to gain your BTC holding by 10%. I suspect that this fork event is one of the reason BTC price rising constantly this past month.
Tough one to answer. ETH could see huge gains in the next few years. Either way its never good to keep all your eggs in one basket. Its good to divest so either buy into the other or liquidate some funds into BTC if you really want in on it. At the end of the day its your money and only your decision to make..
For altcoins; market is fixed to USD for few months. Check eth price and Waves price they are all fixed to 4-5$ and 300$.
bitcoin price is rising and alt coin prices are dumping. what a nice ecosystem created by nobody.
bitcoin price is rising and alt coin prices are dumping. what a nice ecosystem created by nobody.
That's a difficult one: Ethereum is pretty low compared to it's all time high paired to Bitcoin but it didn't go up as many expected with the October fork. And Bitcoin on the other hand is on it's all time high right now. Perhaps it's better to wait and see where Bitcoin is going in terms of correction after fork before making that trade.
On the long run? I don't know what the potential will be of Ethereum: it's stuck around it's current price for a long time now. In terms of investment, Ethereum going for 1000 dollar per ETH would mean 3,5x your investment. At this point to get that return with Bitcoin it needs to go to 18K dollars. So in the long run it looks more likely to 3,5X your investment with Ethereum then with Bitcoin to be honest but I dont know because ETH is pretty much doing nothing in price lately.
On the long run? I don't know what the potential will be of Ethereum: it's stuck around it's current price for a long time now. In terms of investment, Ethereum going for 1000 dollar per ETH would mean 3,5x your investment. At this point to get that return with Bitcoin it needs to go to 18K dollars. So in the long run it looks more likely to 3,5X your investment with Ethereum then with Bitcoin to be honest but I dont know because ETH is pretty much doing nothing in price lately.
So, the title is pretty much self explanatory. If you have an x-amount of ETH, would it be more wise to trade that for BTC and hold BTC or will ETH rise faster then BTC?
Example:
If you have 1000 USD worth of ETH - that's 3,5 ETH or so. 300 usd per ETH.
If you trade this for BTC, you have 1000 USD worth of BTC, so 0.15 BTC or something around 6000 usd per BTC.
Which one is more likely to make your 1000 USD go 2000 USD? Will ETH see 600 USD any time soon - or let me ask it differently -> is it more likely that BTC goes 12000 USD then 600 USD per ETH? What do you guys think and what would you do?
Example:
If you have 1000 USD worth of ETH - that's 3,5 ETH or so. 300 usd per ETH.
If you trade this for BTC, you have 1000 USD worth of BTC, so 0.15 BTC or something around 6000 usd per BTC.
Which one is more likely to make your 1000 USD go 2000 USD? Will ETH see 600 USD any time soon - or let me ask it differently -> is it more likely that BTC goes 12000 USD then 600 USD per ETH? What do you guys think and what would you do?
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