Is this a good idea? - page 2. | Bitcointalksearch.org

pieppiep

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Quote from: Gudhal Untu on May 06, 2019, 03:00:51 AM

Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

I prefer waiting than cut loss, as we know that ethereum is the second strongest coin after bitcoin so that market conditions are very dependent on bitcoin and ethereum, buying altcoins is also difficult and does not guarantee profit.

indeed using traders who experience panic by selling cheap assets is very good they sell their assets at low prices then you buy as much as you can, after that you can sell again and withdraw profits.

moynul2050

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Quote from: styca on May 06, 2019, 01:01:52 AM

ETH doesn't look that high right now, if you didn't sell then I would say wait for another surge before selling. But it is probably better to hold for the long-term, because ETH really is a great coin.

ethereum does look a little stable for the past few weeks, I strongly agree with your opinion that we are better off waiting for a big increase at a longer time, of course if they (the traders) believe that ethereum is a great coin like you said.

Gudhal Untu

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

I prefer waiting than cut loss, as we know that ethereum is the second strongest coin after bitcoin so that market conditions are very dependent on bitcoin and ethereum, buying altcoins is also difficult and does not guarantee profit.

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Quote from: crzy on May 05, 2019, 11:20:00 PM

Yes because it will depend on which coins you want to buy, you should have at least more coins for you to choose where to put money. We should always wait for a higher price before we sold it, if ETH moves high this month then take profit and wait for a small correction again.

What do you mean, always wait for a higher price? Are we not supposed to enter any market knowing already what price we will exit at? If you are buying and have no idea of the price you are waiting for, or the timeframe you want, then you should not be trading. For me, it is always a long term picture of price and time,,, and maybe if I come close to my price, I move my stop loss up that is all. Never go in without a target!

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

I think both of it is good. But maybe you need to save a little amount of Ethereum for next pump. Don't know it is real or not but a lot of people believe that Ethereum will rise in future like bitcoin.

styca

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ETH doesn't look that high right now, if you didn't sell then I would say wait for another surge before selling. But it is probably better to hold for the long-term, because ETH really is a great coin.

crzy

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Quote from: pakdemaco11 on May 05, 2019, 09:15:27 PM

if you think ethereum moves very slowly
you can move it to other coins that you think are potential.

Yes because it will depend on which coins you want to buy, you should have at least more coins for you to choose where to put money. We should always wait for a higher price before we sold it, if ETH moves high this month then take profit and wait for a small correction again.

pakdemaco11

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if you think ethereum moves very slowly
you can move it to other coins that you think are potential.

marcbitcoins

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

It is good to hold Ethereum as it was the most trusted Altcoin therefore i could say that there is nothing wrong if you will do this kind of strategy as seeking for other opportunity by investing to other Altcoins is a good idea as long as that choosen Altcoin has the potential too. If the Ethereum will become expensive in the future then for sure you will be able to create more Altcoins investments from Ethereum earnings.

arjuna BTC

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Quote from: FelippeHeinz on April 28, 2019, 01:04:03 PM

With new blockchain platforms emerging, I believe that ethereum tends to lose market over time. I would certainly review my investment strategy.

yes, a lot of blockhain platform born in this industry for now
but personally i still believe if ethereum is the best blockchain platform until now,
so its better to split your funds, but do not sell all your ethereum, just keep it a half

Apaxy

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Quote from: doycku on April 30, 2019, 01:34:26 PM

Quote from: drgomez89 on April 28, 2019, 10:19:14 PM

Men i certainly did somethng like this and did wrong lol. Right now when ethereums price raised to $175 i did sell them and buy altcoins... and the price of the alt went down... a lot... i had to buy some stable con and the re buy some ether now the prices fell again. Well thats the price of learning this lesson.

Of course, each user of cryptocurrency is trying to do something to minimize any risks, as well as try to earn a fairly good income. But it seems to me that there was no need to take any action in the current state of the cryptocurrency market. Only long-term storage of all those assets that you have, can bring at least some result.

There is so much rubbish in the wallets right now that it really doesn’t cost a cent, which means that there’s no point keeping these coins for a long time.

doycku

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Quote from: drgomez89 on April 28, 2019, 10:19:14 PM

Men i certainly did somethng like this and did wrong lol. Right now when ethereums price raised to $175 i did sell them and buy altcoins... and the price of the alt went down... a lot... i had to buy some stable con and the re buy some ether now the prices fell again. Well thats the price of learning this lesson.

Of course, each user of cryptocurrency is trying to do something to minimize any risks, as well as try to earn a fairly good income. But it seems to me that there was no need to take any action in the current state of the cryptocurrency market. Only long-term storage of all those assets that you have, can bring at least some result.

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

IT is important that you must set a goal or goals before buying. Now it will depend on your decision if you will buy other altcoins using Ethereum. Maybe this is a good idea for me but make sure that you must hold a bit of Ethereum and be wise on picking which altcoins you must buy. Take note, buy coins with a reason

.

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Quote from: BeGoods on April 28, 2019, 10:09:40 PM

Quote from: Idrisu on April 26, 2019, 02:45:03 PM

Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

I will said selling ethereum for other altcoins now is not advisable because ethereum is currently performing better than all of them now. I will not sell something that is developed and makes names to something that is still underdeveloped. The only altcoins that I think may do better in future are litecoin and binance coins.

if you sell it and replace Ethereum with other coins it is certainly not recommended, but if you add variety in trading,
of course, it's much better. diversify will make your investment and your trade much safer and profitable

Yes, many people are failing because they cannot diversify their investment to other coins because mostly they will hold the coin in their favourite ones only. Day trader won't bother much about their holding he looks out the money he made through profit at the end of the day.

drgomez89

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Men i certainly did somethng like this and did wrong lol. Right now when ethereums price raised to $175 i did sell them and buy altcoins... and the price of the alt went down... a lot... i had to buy some stable con and the re buy some ether now the prices fell again. Well thats the price of learning this lesson.

BeGoods

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Quote from: Idrisu on April 26, 2019, 02:45:03 PM

Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

I will said selling ethereum for other altcoins now is not advisable because ethereum is currently performing better than all of them now. I will not sell something that is developed and makes names to something that is still underdeveloped. The only altcoins that I think may do better in future are litecoin and binance coins.

if you sell it and replace Ethereum with other coins it is certainly not recommended, but if you add variety in trading,
of course it's much better. diversify will make your investment and your trade much safer and profitable

crazylikeafox

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

i think it is better for you to wait for the prices to go up again before selling, but if you lose faith in eth already then i think its time for you to sell and buy other altcoins in the market. but with the current market, i guess bull market for eth is coming.

FelippeHeinz

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With new blockchain platforms emerging, I believe that ethereum tends to lose market over time. I would certainly review my investment strategy.

jems

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

Why is there not just holding ethereum? I think ethereum has more potential to increase, but if you think there is an altcoin that has more potential and you think right now is the right time to buy it, then do it.

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Quote from: bpchill12 on March 29, 2019, 07:34:13 PM

Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Undecided

many people suggest diversify your investment, so it's a good choice for you. if you get big profits from selling your Ethereum
you can buy other altcoins as another option for trading. but you can trade ethereum only, if you just trust on Ethereum

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