Topic: Hold ETH or Exchange with LTC - page 3. (Read 2444 times)
It doesn´t solve your situation. Look at Bitcoin, it is growing. While other alternative cryptocurrencies are loosing value. It is because at first we need to confirm bull market on Bitcoin and then the Bitcoin capital moves to altcoins.
I agree. and that's what I did too. currently ltc has increased rapidly first. based on both of them are potential coins, so I still maintain eth who has not experienced a significant increase, because both of them have the same bullish trend
now ethereum is starting to increase, I'm sure this will continue. we will see gradual pumps, and now bitcoin is trying to strengthen its position in the market. after that happens we can see ethereum and other altcoins having pumps. hopefully that happens.
Comparatively I love and have belief in Ethereum and Bitcoin. But litecoin is also good investment and it will make me have difficulties in choosing between the three good investment coins. However, given their popularity among the people across the world, I go for bitcoin and ethereum. These coins will remain the top coins forever I think.
I think eth is better than ltc. Eth has the potential to provide greater profits than ltc. Therefore, you do not need to swap on ltc. Better you maintain to hold eth and btc. Both of them are increasingly profitable because the price movements of the two coins are significantly increased. If you are loyal to eth and btc then I am sure you will get a big profit. You better think of a strategy that is better at playing than you have to think about exchanging your coins on other coins.
You are right eth is better than Litecoin but Litecoin at this time has a great potential too for growth although it is difficult for Litecoin to reach ethereum's place but both of these coins are consistently at the top five coins when it comes in market cap.I think eth is better than ltc. Eth has the potential to provide greater profits than ltc. Therefore, you do not need to swap on ltc. Better you maintain to hold eth and btc. Both of them are increasingly profitable because the price movements of the two coins are significantly increased. If you are loyal to eth and btc then I am sure you will get a big profit. You better think of a strategy that is better at playing than you have to think about exchanging your coins on other coins.
You are right eth is better than Litecoin but Litecoin at this time has a great potential too for growth although it is difficult for Litecoin to reach ethereum's place but both of these coins are consistently at the top five coins when it comes in market cap.
I think eth is better than ltc. Eth has the potential to provide greater profits than ltc. Therefore, you do not need to swap on ltc. Better you maintain to hold eth and btc. Both of them are increasingly profitable because the price movements of the two coins are significantly increased. If you are loyal to eth and btc then I am sure you will get a big profit. You better think of a strategy that is better at playing than you have to think about exchanging your coins on other coins.
Bitcoin is continuously ascending and this will create awareness eventually for the new bull run. For me, ETH is the best major coins to hold on during the bull run but this doesn't mean LTC is a bad choice. Maybe, you should separate your investment and major part of it to BTC-ETH-LTC.
I think you should continue to hold ETH, because the price of LTC is growing too much in the past few months compared to the increase of ETH. I have maintained ETH hold for more than 2 months now
I agree. and that's what I did too. currently ltc has increased rapidly first. based on both of them are potential coins, so I still maintain eth who has not experienced a significant increase, because both of them have the same bullish trend
If you look the chart today Ethereum i think will gain lot more profit next week when bitcoin dominance is decrease not more than 55 percent, keep hodl ethereum.
I think you should continue to hold ETH, because the price of LTC is growing too much in the past few months compared to the increase of ETH. I have maintained ETH hold for more than 2 months now
Unless you're not working, why not just buy a little bit of both. I never understood one or the other.
Bitcoin, with early effects of its block reward's halving next year, has exponentially inreases within last 6 months. So, I would like to ask you a very easy and simple question, what will occur with Ethereum when the coin officially switch to Proof of Stake phase? In my opinion, we might see nearly the same huge effects like what we have seen with bitcoin coming halving. When it occurs, you will regret by not determinantly invest in Ethereum now. Ethereum might fall a little deeper from its temporary price, but I believe that we have been in bottom range of ETH (in ETH/ BTC pair), and when it takes off due to PoS, it will never come back to current price range.
So, a couple of things here. If you are considering cashing out BTC or alts to fiat, I would absolutely not do it now. At this moment, BTC just hit $9,650, and I think we all know what is likely to happen when it eclipses $10k, which could easily be within the next few days. Not only is it likely to push way up from there due to extreme FOMO conditions being prevalent, but the entire market is likely to get pulled along for the ride.
Now, the other tactic that I think is absolutely in play is the ETH/BTC relationship. Right now it stands at almost 35:1 (you can trade 1 BTC for 35 ETH). In looking at the charts, this is at historical low levels (speaking from the ETH perspective). At ETH's peak, this ratio was only 10:1. Now sure, maybe it's not going back to that extreme but certainly 20:1 and even 15:1 seems very reasonable.
The big question is, of course, when to pull the trigger on that trade. It's tempting even now and I may convert a small amount of BTC to ETH. But as I said, with $10k looming (now only $325 away), most experts agree it will go parabolic from there. I would say even $13k within a few weeks is not out of the question. I do think most alts will go along for that ride to some degree, but they will probably do it to a lesser degree than BTC. I am looking at something around 40:1 as a big trigger point. If it hits that, it's almost a no-brainer to me. If the short history of this holds, we would then see a drop in BTC (maybe back down around $11k) but much more market share swinging over to the alts, especially to the major ones. This could send ETH into the $550 range, which would indeed be back in that 20:1 range.
All of this is speculative of course but if you analyze the inter-crypto swings in the Q1'17 to Jan'18 bull market, there was a very clear pattern of BTC's market dominance coming back to the pack, so to speak.
Now, the other tactic that I think is absolutely in play is the ETH/BTC relationship. Right now it stands at almost 35:1 (you can trade 1 BTC for 35 ETH). In looking at the charts, this is at historical low levels (speaking from the ETH perspective). At ETH's peak, this ratio was only 10:1. Now sure, maybe it's not going back to that extreme but certainly 20:1 and even 15:1 seems very reasonable.
The big question is, of course, when to pull the trigger on that trade. It's tempting even now and I may convert a small amount of BTC to ETH. But as I said, with $10k looming (now only $325 away), most experts agree it will go parabolic from there. I would say even $13k within a few weeks is not out of the question. I do think most alts will go along for that ride to some degree, but they will probably do it to a lesser degree than BTC. I am looking at something around 40:1 as a big trigger point. If it hits that, it's almost a no-brainer to me. If the short history of this holds, we would then see a drop in BTC (maybe back down around $11k) but much more market share swinging over to the alts, especially to the major ones. This could send ETH into the $550 range, which would indeed be back in that 20:1 range.
All of this is speculative of course but if you analyze the inter-crypto swings in the Q1'17 to Jan'18 bull market, there was a very clear pattern of BTC's market dominance coming back to the pack, so to speak.
It wouldn't be a good idea to sell Eth now, as it has been showing good promise and most dependable for long-term investment. If you have got funds then you can buy some LTC.
The difficult choice is actually exchanging ETH to LTC. With conditions like this, that LTC wants to do halving is certainly better to exchange ETH that is owned and move to LTC. Because this condition determines its direction. If someone wants to hold ETH is not a real problem. all decisions you have to think about and you must take.
The grow of one coin is faster than the other? Since we all know that ETH is faster, although it is not really growing these days on its own, but by the time it starts, it will be a dream come through.
LTC can also be reliable.
LTC can also be reliable.
Right from inception, holding ETH has always proven to be profitable as the team knows how to develop and enhance their blockchain. Nevertheless, there have been news about Litecoin halving and since this space moves with news too, it won't be bad holding some Litecoin and also a greater number of ETH.
if I myself prefer to hold eth in large quantities. now eth has good potential, many projects like ICO / IEO who participate in eth. to hold long-term investment problems I think eth is the best choice than ltc. but it's not impossible ltc also gets the spotlight in many people because of the good price.
Ethereum is a great coin after bitcoin.but its volatile in nature however, I still prefer ethereum to litecoin because its profitable and its not going to die anytime soon.
The future perspective of the ETH can beat the LTC and BTC in my opinion. The development speed is not great but it is slow and steady. Litecoin CEO has made a crazy decision with selling the LTC holdings and shared this trade on social media. It confuses me to invest in or choose another alternative cryptocurrency.
Ethereum is a great coin after bitcoin.but its volatile in nature however, I still prefer ethereum to litecoin because its profitable and its not going to die anytime soon.
Jump to: