it's very hard on the classic market achieve these profit in a short period of time. I think it's could be a wise idea decide to exchange again in cash.
If you have a plan in the "long" term, like hold without trading there is a different scenario, but differentiate your portfolio is always a big advantage
Topic: Is It The Best Time to Sell Ethereum (ETH) - page 4. (Read 798 times)
Whenever i have sold ethereum in the past i have regretted it and now when the overall trend is positive i think it is not wise to sell. If you can hold for few weeks i suggest you to sell not before the eth price hits previous highs.
As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
It good you already have the knowledge to know that Ethereum is among the safe haven cryptocurrency in the market because safe haven coin is not measured through the rate the coin claimed on capital market.With that been said, utility and good potential coin in the market are expected to follow the trend of Bitcoin and also make a new ATH which is yet to happen so if you decide to sell all your holding now you may miss the upcoming benefit and I will advise you to sell 50% of your ETH into stablecoin which youll also use to buy back when the price is down so you can make more profit and also dont miss out the upcoming benefit either.
Its good decision to sell your ETH. Because you are in profit (20%). If can make a choice hold 1 or 2 ETH for long time, not for daily trade. Rest of ETH sell and wait for dip. Also you can move others altcoins for trade, if you think it will take time to reach ETH dip.
Right now, it seems to me that the time of Bitcoin should come, and if I am right, then altcoins will fall in price for some time.
I would not suggest to sell because it is more of a buying time than selling because of few reasons especially due to eth 2.0 the ethereum is strongly placed to grow well. Secondly we all know we are sitting right at the start of parabolic bull wave so i will suggest to hold for 6 to 12 months for massive gains hopefully.
As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
ETH will have a big change this year, it will move from PoW to PoS, and when that happens the prize will bump, and i think that because people will need close to 32ETH for the staking. So, the holders will complete to that amount to start staking, and that means a lot of buy orders, that always end in a price bump. That's why i recommend you to hold them until ETH 2.0 comes to us.
And remember the ATH of ETH was a lil more to $1000 each coin, so, it's not even close to that price right now, maybe the next ATH will be up to $2k. Is about time.
As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit.
No doubts with such statement, as ETH really provide good run way back, your investment still got a good market value.
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But recently its value is some what in down trend. Still my investment has 20% profit.
And that's normal as trends changing up, lots of investors who already gained decent profits are now cashing out.
It's your good judgement to do your call.
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I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
Decision making with this kind of matter needs deeper understanding of how the market will proceed.
If you are long term holder types of investor you can continue holding, bounce back may take place
for the next following days or weeks.
If you don't have a clue, sell some or take back your investment then hold your profit.
So, when you are fealing still have a good trend but your predicted is wrong your initial amount of trade not getting affected at all. What's you get from the down price your estimation profit just decrease, my self always doing that's for more safe trade because don't know the exact situation market when you want more but could be the down trend can more than your profit % and turn out you on the lose position when the price is crash.
So, when you are fealing still have a good trend but your predicted is wrong your initial amount of trade not getting affected at all. What's you get from the down price your estimation profit just decrease, my self always doing that's for more safe trade because don't know the exact situation market when you want more but could be the down trend can more than your profit % and turn out you on the lose position when the price is crash.
I think when ethereum 2.0 is released or close to release there is a possibility that ethereum's price could be better than now but this is only an estimate considering ethereum's price once touched more than $1000 so i think approaching ATH is still reasonable.
As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
I think you should hold this coin until it reaches ETH V2. From my point of view, until the beginning of the year this coin will still go up drastically especially if you are strong enough to hold this coin until it reaches ETH V2
20% profit is pretty high, will I sell if I get that high a profit on any of my assets, maybe/maybe not, it depends on so many factors privy to only me. Why I wrote the sentence before this is because it's your decision to make, the 'factors' I mentioned earlier differs individually, you will have to assess yours on a personal level and decipher/come to a conclusion on what's best for you.
If it was prolly a shit/pump and dump coin, I can give you an advice to sell, but ethereum has done pretty much well for a long time now and with eth 2.0 at hand, there could actually be a reason to hold your eth longer, even if you have a 20% profit ready to be cashed out, but that being said, this is still not an advice to hold, read the first paragraph and decide for yourself what you want to do.
If it was prolly a shit/pump and dump coin, I can give you an advice to sell, but ethereum has done pretty much well for a long time now and with eth 2.0 at hand, there could actually be a reason to hold your eth longer, even if you have a 20% profit ready to be cashed out, but that being said, this is still not an advice to hold, read the first paragraph and decide for yourself what you want to do.
As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
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