Selling All BTC for ETH this Bull Run

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Quote from: Dr.Osh on January 31, 2021, 07:26:28 AM

Quote from: coinporch on January 30, 2021, 04:24:41 PM

i think you should think again about selling all your BTC for ethereum
because in my opinion a good and smart crypto investors will always have bitcoin in his wallet

Well, the truth is that if you have a lot of bitcoins, I think holding it is better for now. however, ethereum's potential is also quite large, so I think that it is also not harmful. well, it all depends on your circumstances. Personally, I probably wouldn't do it this time, and decided to take a look at things first.

In order to get a good profit from Bitcoin investments in Ethereum, you need to monitor the cryptocurrency market very carefully. At the moment when Bitcoin reached $ 40,000, it would be possible to invest the proceeds in Ethereum, which was just starting to grow and was striving to reach $ 1,000. This would be a very profitable deal as ETH subsequently reached $ 1400.

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Quote from: JNR on January 28, 2021, 04:53:42 PM

not a good idea, because in my opinion,
we must have bitcoin in our wallet even in small amount rather than selling our bitcoin for ethereum only
because bitcoin is the best investments in crypto world

Having the right amount of Bitcoin can cover all your loses to altcoins, so I also suggest to hold some of it and if you are already decided to buy some altcoins then make sure that you also diversify your money and don’t just buy ETH. They both have the new all time high so put in your mind that you are buying on its peak price which can put you on trap when the market goes down again, have your plan b if something goes wrong.

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ETH outflanks BTC at that point exchanging responsibility for to Ethereum right now is a choice you're as of now answerable for. On the off chance that you take a gander at Ethereum which is extremely bullish right now. I'm presently taking benefit right now since when I've convert a portion of my benefit into Ethereum, Ethereum cost isn't bullish however right currently see what is befalling the Ethereum.

Dr.Osh

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Quote from: coinporch on January 30, 2021, 04:24:41 PM

i think you should think again about selling all your BTC for ethereum
because in my opinion a good and smart crypto investors will always have bitcoin in his wallet

Well, the truth is that if you have a lot of bitcoins, I think holding it is better for now. however, ethereum's potential is also quite large, so I think that it is also not harmful. well, it all depends on your circumstances. Personally, I probably wouldn't do it this time, and decided to take a look at things first.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Never invest in anything that will only comes from Hearsay mate , it must be a well researched coins that we will be buying.

Quote

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

So what happens now ? 10 days after does ETH shows proof of outperforming Bitcoin ? i see nothing but Ethereum is still like a Bitcoin Tail that will never increase value if bitcoin did not move up.

Quote

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Manipulation is what you are pointing here ? actually the whales keeps on doing this in the past but i don't think they can still do this now since the Value and supporter of Bitcoin is really up high .

Quote

Do you think its a good idea to hold more ETH than BTC rn?

NO IT"S NOT , so DON"T EVER THING ABOUT IT .

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Quote from: kungi on January 21, 2021, 01:03:00 PM

Do you think its a good idea to hold more ETH than BTC rn?

You'll get different answers for this question because it depends on the preference of each investors. Bitcoin and eth are the most trusted cryptocurrencies of investors for being well-established, existing for years and also dominates the market. That being said, whatever you choose (to be a much better investment) its fine because both are reliable to likely give us huge profit especially for long period hodling.

But as for me i'd rather allocate a portion of capital on each coin and will not switch to be on the one side only. Since they're performing well on the market, then I can take advantage the increase if I invest to both.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

I would not do that I prefer to keep both in the bull run, even if Ethereum is outperforming Bitcoin in a bull run but the gap is not that huge to become lenient over Bitcoin, every bull run presents a different scenario it might be the scenario in the past but it will not be always the case in every bull run, this year could be different, we never know.

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Yeah it's a good idea also to sell your bitcoin and switch to eth investment. I think both are good, and selling bitcoin half of it is wiser,
don't sell it all. Since bitcoin also has good potential to raise its price again, now that it is priced at $34k, it is quite good and looks
like it will move up, but in that way ethereum will also follow where it goes.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

Never heard any of it nor reads any news that some high net worth individuals are dumping Bitcoin in exchange for Ethereum. It must be the other way around since Bitcoin is in bull run why would someone dump it all of a sudden when in fact they can get more profit in Bitcoin during this bull trend?

I suggest hold/buy Bitcoin because you can choose to hold it for long term or short term depends on what are you going to plan on it or invest in both just to diversify your investment in case it goes sideways. The choice will always depends on you.

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i think you should think again about selling all your BTC for ethereum
because in my opinion a good and smart crypto investors will always have bitcoin in his wallet

JNR

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not a good idea, because in my opinion,
we must have bitcoin in our wallet even in small amount rather than selling our bitcoin for ethereum only
because bitcoin is the best investments in crypto world

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Quote from: Mkmanik on January 26, 2021, 03:38:56 AM

Personally, I think it's not a good idea to sell out all of your Bitcoin for an altcoin. If I were you, I would hold a minimum 50% my Bitcoin for the long run and with the rest of the 50%, I will make investments in various altcoins. There is no doubt that Ethereum is a good investment, But who knows what will happen after a few days? Also, it's very wise to keep some USD in your portfolio. Ethereum already hit a new all-time high, so it's time to hit $2,000, so you can buy ethereum, and don't forget to keep a good amount in Bitcoin. because it's king. best of luck

I did exactly this, I do not have too much money in crypto right now, only 2600 dollars, but I have 1200 dollars of it in bitcoin and I have the other 1400 dollars in altcoins, mainly 500 dollars in ethereum and the rest is in some other parts with only 100 dollars in USDT. I will never give up on my bitcoin, they will stay and I will not turn that into altcoin, but I will not have a lot of it neither, I am not going to keep investing into bitcoin anymore, I have my bitcoin and they will stay like that and not get bigger unless I end up with a lot of money.

So, I am not in favor of selling your btc to buy alts but I am in favor of not buying btc more than 50%+ of your portfolio. I would probably get a lot more eth when I find the money for it, but I like investing small amounts like 100 bucks for new projects if I like them too, because they could return a lot bigger.

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Quote from: Joyawan13 on January 25, 2021, 08:43:02 AM

I am not going to sell all my bitcoins for Ethereum, but some% of the bitcoins I have I will sell to invest in altcoins, and one of them I will buy Ethereum, and of course I will choose another altcoin that I think will have potential and will. can raise the price to a higher price than the current price of course, so besides holding bitcoins I also hold several altcoins of my choice.

Altcoin investment is a good choice and not just ethereum, I support putting it into others as well. Obviously you have to be very careful where you are putting your money into, because you may not be able top put your money into something decent and end up putting it on something bad as well, but if you can find a good one, you could have diversification.

Bitcoin + ethereum + 2-3 more altcoins that are strong would mean a great portfolio for everyone. Plus bitcoin went up a lot already, ethereum broke over the all time high as well, it is time for others to break over their previous all time high and people who made so much profit from those will eventually take their money into other things as well, that is what I believe will happen next and this means having other strong big name coins would be smart decision during this period when everyone is looking for the next one.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

ETH is looking supreme from here because just a couple days ago it broke out of its longterm range in btc/eth pair so anytime eth can pump hard and increase its market share and dominancy so yes it is good time to get more ethereum.

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Speculators who think eth goes in line with btc are just trying to fool you. When btc goes up, it rules and none follows till it stands at some point. Eth is looking too good right now but will fall because it rose so quick against btc. I wish you good luck with your investment if you are in already.

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Quote from: ice18 on January 26, 2021, 12:02:31 PM

The price of eth always in relation with btc price so if btc price increase eth will also increase and vice versa Im seldom saw eth price that moves in different direction and if this happens some investors will most likely jump into eth because of FOMO like in past histories in bull run eth always follow btc so If I were you OP I will just divide my invest into eth and btc.

If we take into account and compare the indicators of 2017 and the beginning of 2018 with those indicators of the cryptocurrency market that exist today, we can see that Ethereum is almost 2 times behind Bitcoin. But today there are all prerequisites for ETH to show a higher Result, in contrast to the current period.

Fomos will move this coin there are still upcoming news that may bring more hypes aside from the current bull that
we are experiencing currently.

Quote from: meldrio1 on January 26, 2021, 01:24:32 PM

Both were increasing and reached the all time high so now I don't know which of them is good to hold because both were good coins and can increase for more. If you already sold your bitcoin just for ethereum then I think you should keep hold, no need to go back bitcoin.

Correct both are moving upwards so if you already sold your BTC for ETH then best to keep it on hold and wait for much higher
value and enjoy your profits.

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Both were increasing and reached the all time high so now I don't know which of them is good to hold because both were good coins and can increase for more. If you already sold your bitcoin just for ethereum then I think you should keep hold, no need to go back bitcoin.

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The price of eth always in relation with btc price so if btc price increase eth will also increase and vice versa Im seldom saw eth price that moves in different direction and if this happens some investors will most likely jump into eth because of FOMO like in past histories in bull run eth always follow btc so If I were you OP I will just divide my invest into eth and btc.

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Quote from: Joyawan13 on January 25, 2021, 08:43:02 AM

I am not going to sell all my bitcoins for Ethereum, but some% of the bitcoins I have I will sell to invest in altcoins, and one of them I will buy Ethereum, and of course I will choose another altcoin that I think will have potential and will. can raise the price to a higher price than the current price of course, so besides holding bitcoins I also hold several altcoins of my choice.

I also have the same plan that not to sell my all btc to buy eth .eth is already made a new ATH level and it will be so risky to buy more to sell my valuable asset .I am keeping 80% of my asset on btc on can sell the other 20% to buy some eth .We all know eth is the best altcoin to invest so that it could give us a huge return .So going through a plan and more strategic at the moment .

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Quote from: goaldigger on January 24, 2021, 07:58:54 PM

Why not have both since BTC proves to us many times to be the best of all and if you have extra money, and believes that the ETH will rise to the moon soon, the. Better to buy more now than to sell your other holdings. Anyway, this will still depend on how you see the market and what strategy you will use, its your call mate.

I would also and continue holding btc and ETH rather than converting all btc to ETH. The rise whenever next happens will be again lead by btc so why to miss that rally and then once altcoins rally follows it you can buy at that time more ETH or continue buying now as well if think before drop it will rise again.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

Do you think its a good idea to hold more ETH than BTC rn?

Owning a lot of ethereum at this point is a goal I make for myself personally. however, many people saw that the opportunity to choose bitcoin was much better. however, the economic conditions that each individual has today are different. For me, that's a good thing, especially if you can get more than 10 Ethereum by selling your bitcoin

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Personally, I think it's not a good idea to sell out all of your Bitcoin for an altcoin. If I were you, I would hold a minimum 50% my Bitcoin for the long run and with the rest of the 50%, I will make investments in various altcoins. There is no doubt that Ethereum is a good investment, But who knows what will happen after a few days? Also, it's very wise to keep some USD in your portfolio. Ethereum already hit a new all-time high, so it's time to hit $2,000, so you can buy ethereum, and don't forget to keep a good amount in Bitcoin. because it's king. best of luck

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Quote from: republicrypto on January 25, 2021, 12:16:03 PM

maybe hold more ethereum than bitcoin is a good idea in current situations,

The idea of investing more with Ethereum is good but if he has the option, add more bitcoin and that's the best idea to have. Making sure that you have more bitcoin in your stash but it's not also wrong to have more Ethereum if that's the preference that he can do.

Quote from: republicrypto on January 25, 2021, 12:16:03 PM

but never sell all your bitcoin for ethereum, because thats not a good idea my friend
regards

Well said.

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Quote from: republicrypto on January 25, 2021, 12:16:03 PM

Quote from: kungi on January 21, 2021, 01:03:00 PM

Do you think its a good idea to hold more ETH than BTC rn?

maybe hold more ethereum than bitcoin is a good idea in current situations,
but never sell all your bitcoin for ethereum, because thats not a good idea my friend
regards

There is high percentage of growth with ethereum compared to bitcoin right now. Everytime after the bull market of bitcoin there'll be bull run with altcoins. This time we haven't experienced the growth as predicted. Maybe over the falling months there'll be large scale progress with ethereum. With this it is good to hold ethereum, but not go for a selling of bitcoin for ethereum. Keeping hold of the ethereum and changing other available cryptocurrencies to ethereum seems to be a better choice.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

Do you think its a good idea to hold more ETH than BTC rn?

maybe hold more ethereum than bitcoin is a good idea in current situations,
but never sell all your bitcoin for ethereum, because thats not a good idea my friend
regards

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

If you are believing in hearsay then you're not a trader but just a risk taker ,imagine that you just heard and you'll ready to
Unload your bitcoin?But lets consider that you'll ready to do that the thing is are you ready to lose also?

When bitcoin took the ATH at 20,000 couple years ago Ethereum is pricing 1,400 now that bitcoin reached another ATH that more
Than double of the last ATH yet ethereum is 1,400.

Now tell me is this reasonable? If does then dk it, but please update us in the end of the year if what happens.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.
Do you think its a good idea to hold more ETH than BTC rn?

I can imagine, after that, what they realized and regretted. If in a good bull trend, you leave BTC, then you must be mistaken about the pursuit of this market. Not simple and nothing? Or suppose in a downtrend, BTC or ETH will bring great advantage and confidence? BTC can sweep altcoin and even ETH, until you realize something!

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

need correction for the statement ~~selling btc~~ but, buying eth is more proper Grin

eth has room for 3x max growth on btc pair, and at this point, still safe for buying eth

but other alt already bottom, grab some for big gain, carefull some alt will be gone too Cheesy

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I am not going to sell all my bitcoins for Ethereum, but some% of the bitcoins I have I will sell to invest in altcoins, and one of them I will buy Ethereum, and of course I will choose another altcoin that I think will have potential and will. can raise the price to a higher price than the current price of course, so besides holding bitcoins I also hold several altcoins of my choice.

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Quote from: Question123 on January 24, 2021, 08:32:11 AM

I like ethereum and I really believe to it's potential but I will not going to sell all my bitcoin to ethereum because It's better to have both this coin. They have different possibility value in the future and they are both potential coin the top 1 and top 2. If bull run continue both this coin will gong to increase and you may know that you will earn money what ever you have between the two but having both is more profit you will get.

Diversification is really important, we are talking about something much bigger here than just one coin, we are talking about a long term portfolio, if we were to do day trading you could sell btc and get eth and sell eth and get btc and do this many times in a day, but we are not talking about day trading. So, I think everyone should have both btc and eth like you.

In fact you should have btc, eth and 3 or even more coins as well on top of this, that way you will have bare minimum 5 coins, sure you can have bitcoin as the biggest portion but having multiple coins means you could get advantage when bitcoin goes up, you can have an advantage when others go up, basically make a profit no matter what happens as long as there is a bull run on any of them.

I personally have 11 coins now, I want to get rid of one of them so badly but can't since it is very low, but the other 10 I am very happy with.

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Quote from: goaldigger on January 24, 2021, 07:58:54 PM

Why not have both since BTC proves to us many times to be the best of all and if you have extra money, and believes that the ETH will rise to the moon soon, the. Better to buy more now than to sell your other holdings. Anyway, this will still depend on how you see the market and what strategy you will use, its your call mate.

There are investors that don't have extra money to buy and add for the coin that they desire to buy. But both have been to be the best in the portfolios and it's just a matter of adjustment and which will be the most in his stash. I will not also sell my bitcoin for ethereum but I might sell ethereum for bitcoin. But a day trader can adjust in most times in which liquidity he prefers to have it and take the advantage of the current market, yeah I agree, it's him to call it but both of them are not regrettable choices.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

You have a bad idea, it goes against business principles. At any rate, ETH is essentially on the move and has a good propensity to cross the 1k5 hurdle at the end of January. The move looks nice for you to swap BTC / ETH. But in my opinion, it is advisable to reset 60% to BTC to minimize risk and safety because bitcoin is still holding a good threshold.

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Why not have both since BTC proves to us many times to be the best of all and if you have extra money, and believes that the ETH will rise to the moon soon, the. Better to buy more now than to sell your other holdings. Anyway, this will still depend on how you see the market and what strategy you will use, its your call mate.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

Not sure from what you got these information about high net worth individuals unloading all their bitcoin for ETH, it might be possible as the price of bitcoin touched around $42k and some might book their profit and enter alts especially ETH considering the hype regarding their upgrade and staking. I am not bullish on the long term but will see how long the rally could hold.

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Bitcoin has reached a new All time high many times, from $ 20k, $ 30k, even $ 40k has been reached,
And there are many rumors circulating that bitcoin has a chance to continue its bullish trend up to $ 50k- $ 100k,
but if Bitcoin can stay above $ 30k in several months.

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With the release of many Defi projects, ATH's, legendary investors, and just overall big money entering the crypto space these bullish events will continue to happen for small investors, ive always had big trust problems when it comes to anything crypto, hence usually end up selling my investment early, like is the case for ether/btc, i sold most of my Ether last year and regret it bigtime, just due to the new utilities being introduced and the price skyrocketing by x50% and now i feel stupid so.. point is.. there's always some new way to double your money and maybe be a little patient lest you know for a FACT that you should sell.

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Not recommended, sooner or later the ETH price will go back to under $1000. Maybe next month, maybe tomorrow who knows... The sure thing is the price is in the overbought zone and the dead zones of the market will appear soon. The ETH can stay as a king of the season for a long time but you guys will never realize the profit due to greed. Greed will not make anyone rich if the investors go with mentalities like "sky is the limit"..

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

no i think this is not a good idea,better to hold your bitcoin or maybe if you want to increase your ethereum amount
you can sell a half of your bitcoin, but i think its better if you buy not only ethereum buddy, but you can add more alt in your portofolio such as polkadot or cardano

I prefer this option and it is better to go all-in-a single altcoin, especially if the price has tripled during the same quarter. Patience is the key in investing and buying the top altcoins is safer than investing in the nonpopular altcoins. I had did the same investment strategies during the 2017 bull season and it has worked like a charm. The low marketcap altcoins can give a huge profit if the right techniques are used by the trader/investor. Otherwise, the total loss of the wrongly chosen altcoins will be equal to the total profit of the right altcoins.

Reid

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I'll stay with BTC with a higher percentage of my portfolio.
Did you try to fact check whatever or wherever information you get it from?
There could be a huge chance this is a new kind of FUD.
Using Ethereum as means for you to sell Bitcoin while on the other hand when it goes successful, they will be the one buying Bitcoin at a lower price.

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Quote

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

I find the above hard to believe, eth out perform btc Huh

, how did that happen, btc made it to $40k which means x2 for those who bought at 20k and even more for those who bought below, eth did give profit but not as high as btc,
Anyways, choice is yours besides nothing wrong in diversifying your portfolio, I hope what you will achieve your goal.

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

talking about btc and eth, both are the same top coins. but if you ask which coins between eth and btc should we buy more, it all depends on the capital we have. if I prefer to hold eth which I use as my daily trading transaction activity because I have small capital

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I like ethereum and I really believe to it's potential but I will not going to sell all my bitcoin to ethereum because It's better to have both this coin. They have different possibility value in the future and they are both potential coin the top 1 and top 2. If bull run continue both this coin will gong to increase and you may know that you will earn money what ever you have between the two but having both is more profit you will get.

bluebit25

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Eloncoin.org - Mars, here we come!

I was laughing when I read the news when I saw that many large hedge funds were selling their bitcoins, so what does this mean? Some people have already started to profit from this market and they are expecting the bull run to end soon and they are looking towards a stronger wave than the alt season. I'm not sure if you look at the current situation, the whole market is back up again, so don't rush anything you think you bought at a good price, hold on to it and waiting for the target.

cryptofirm

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

in my opinion ethereum has more potential to grow more than bitcoin in this year
but, i think if somebody want to sell all his bitcoin, he will not only buying ethereum, but he must split his capital to other altcoins too
such as polkadot or chainlink

kotajikikox

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Who's Individual ? Do you have a ELEPHANT Pair of EARS to hear words from places ?

Quote

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

Out perform ? Are you that stupid to believe this ? EThereum cannot even break His Own ATH and now will take the Rank 1 position in Bitcoin?

Quote

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

How Much these Whales or FUD creator Pays you to create account and provide this thread for their desperation to Bring bitcoin price again?

Psynthax

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Why follow someone else? Big company that invest in crypto usually put big portion of their allocated money for crypto to bitcoin and the rest to various alts like ETH. That means those big company which usually consist of expert doesn't really trust ETH other than for diversifying their portfolio so that they don't put all money in the same coin.

Honestly sounds kinda reckless to convert it all but it's your money and it's your decision to follow that high net worth individual or safely diversify your portfolio.

cryptonx

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Futurov

Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

hold more ethereum is a good idea, but sell all bitcoin for ethereum isn't a good idea my friend
because to reduce the risk of our investments, we should hold at least three cryptocurrency

Globb0

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Free spirit

Sounds like a bold move.

Eth always seems congested and out of control.

Will it trade in 1 for 1 on eth2 or whatever? or will it be legacy?

tabas

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Quote from: dansus021 on January 22, 2021, 03:27:53 AM

Quote from: tabas on January 21, 2021, 06:30:53 PM

Depends on your thoughts and belief for the both crypto. You hold it at the same time and you'll no longer asking this question. But what I do is to hold both of it and I keep BTC foremost.
I don't intend to sacrifice my bitcoin holdings to buy ETH but instead, I'll take some of my cash and use it for buying it.

Total Agree

so keep your btc and use some from bitcoin profit to buy eth, and yes usually after bitcoin bull a year after Halving there's alt season with altcoin price pumped

That's not what I'm saying but if you do that, it's also fine that you use your profits to buy Ethereum. But that's no different from converting your BTC into ETH.
But whichever is light, easy and acceptable to you, you should be the captain of your own portfolio.

verita1

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I also think like some: Hold my bitcoin for a long time and I have considered having ethereum for my basic needs for the short and medium term.

One thing is well known whenever bitcoin hits a new ATH the altcoins look bullish.
Without bitcoin the market is hostile, we often find thoughts such as that money is in bitcoin in the wrong way.

I think that not on the contrary we should focus on bitcoin and demand the best developments for bitcoin users and so it would be easy to use for everyone.

famososMuertos

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LE ☮︎ Halving es la purga

Your question or conjecture is more to the idea of the trader, rather than to discuss about bitcoin in the possession of a because, I think that the discussion at least in this section have as an idea for the discussion.

In that sense, I can tell you that no, it is not "the idea" for those of us who see bitcoin beyond just seeing a worth, in the long run for those of us who are not large holders of bitcoin, we should not be worrying so much in the short term of this type stocks, at least not if we take bitcoin as a topic of discussion to make a social and economic difference.

I think the idea would be to always have bitcoin and pass all types of currency to bitcoin, the investment in any other currency if that could go to ETH and take advantage of the current performance for example and then switch to bitcoin.

Do not get nervous with sudden falls in the price of bitcoin and try to find the wrong havens in other Alts, do not worry if you have little bitcoin/sat you must worry about getting the accounts corrects and understanding that how little or much you have of bitcoin is your greatest refuge for the future, do not be afraid.

menoiazei

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BTC all the way!!!

pixie85

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I knew that if any altcoin manages to pump somewhat independently of Bitcoin and at the same time won't lose 80% of value at random it's going to be ETH, so I bought it 2 years ago when it was still cheap and still have it now.

Of course I wouldn't sell my BTC for ETH. I believe in ETH but I believe in BTC more. Dumping bitcoin to catch a possible pump on some altcoin, even if it's the best altcoin out there would be very risky.

If you want to be safe stay with Bitcoin. It's going to offer you steady gains and safe haven from inflation. Is that not enough? Keep moving coins around and jumping between stablecoins and random shitcoins and you'll only lose money.

BITCOIN4X

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Selling all btc for ethereum in my opinion is not a bad way considering that the ethereum price hikes have brought a lot of profit for traders. But when these two assets have the same potential profit, then I don't think that's the best way to sell them. Your current 1 bitcoin might be equivalent to 26.42 ETH when you sold it. It is not impossible that when you sell ETH you will no longer get 1 bitcoin because the price is not the same.

If you really want to do that, I think you can still sell some of the bitcoins you have to buy Ethereum because these two assets are also pretty good to have in your current portfolio. But remember, everyone here is just telling you and giving a little bit of their opinion on the question you asked. You should be able to make your own choices because both profits and losses are a consequence of the crypto trading activity that you have to accept.

very_452001

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You moving from limited supply asset to a unlimited supply asset Shocked

?

Sounds kinda risky.

Even the federal reserve printing $trillions is limited by the number of trees available and printer ink so still kind of limited lol.

Wysi

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Yes, we have witnessed this in 2017 as well as if we calculate the returns this bullrun it's ETH which has outperformed BTC. But unfortunately, this moment is not the right time to experiment with funds wherein uncertainty is looming over the crypto market from past 2 weeks, eventhough we have seen some positive signals today but still we are going through a crucial situation that will either lead to further pump or bear market.

Leviathan.007

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Depending on yourself and the period of your strategy you can chose toy sell bitcoin for ETH or any coin you want. Usually, ETH rise when the BTC rise and falls whenever BTC falls they actually move together with different tolerance. If you ask me I would say I'm holding all by bitcoins during the bull run, no matter what's going on, because I have a long term plan and not gonna sell bitcoins for a cheap price even for ETH or any other asset. However, you an chose you divide your money between different coins at this moment.

Cling18

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think it's a good idea to hold more ETH than BTC rn?

It depends on how you see the possible movement of the market in the future. We have different instinct and speculations and we could rely our decisions on what we feel. I have actually sold my Btc when the price reached 40k and bought Eth from my profit. Both BTC and ETH are actually worth holding but things will depend on our investing strategy.

taufik123

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Quote from: dupee419 on January 22, 2021, 08:52:26 AM

You have to have strong belief in ETH then, just because BTC is falling doesn't mean you'd have to sell everything and shift to Ethereum, remember, the next bull run can happen in the next month or even in the next week, we'll never know when, and we can't 100% trust our data because of how volatile Bitcoin is, although, ETH is also good and reliable, but to compare it with Bitcoin, I just don't think it's a good idea switching to ETH, but who knows, ETH might have a successful bull run.

You are right about the incomparable BTC and ETH. BTC and ETH have different platforms and have their respective advantages. Holding both is a good option, instead of having to sell all of the BTC for ETH.
We know these two coins have technology that is being developed. After Halving, BTC was able to reach a new ATH which is really amazing and also ETH was able to reach a new ATH when ETH 2.0 was released.

Save both and you will get more profit.

Kelvinid

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win lambo...

Quote from: kungi on January 21, 2021, 01:03:00 PM

Do you think its a good idea to hold more ETH than BTC rn?

I'd better still hold more on BTC than ETH. I'd never see ETH outperform BTC at this time. May some investors are selling their Bitcoin and switch to ETH but I don't think that they are into selling all of their holdings. Having 60% BTC and 40% ETH on my portfolio, I'll be making a good decision (maybe).

Bitcoin will never have a huge fall even Ethereum price will soar high. That is what I take and I know for sure that many people still holding Bitcoin than those who lose their hands holding it. Well, ETH is profitable, they are still doing for good and that is their decision.

3meek

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God, save BTC!

I don't think that's a good idea... Better to hold BTC than ETH... ETF futures trading will soon be open on ETH, and we all remember very well what happened to BTC after ETF...

dupee419

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You have to have strong belief in ETH then, just because BTC is falling doesn't mean you'd have to sell everything and shift to Ethereum, remember, the next bull run can happen in the next month or even in the next week, we'll never know when, and we can't 100% trust our data because of how volatile Bitcoin is, although, ETH is also good and reliable, but to compare it with Bitcoin, I just don't think it's a good idea switching to ETH, but who knows, ETH might have a successful bull run.

acener

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If BTC already stop growing and you believe that ETH would continue then it would be a great one.
It could also be great to convert it into Fiat if both ETH and BTC would continue to drop down and wait for the lowest point that you think to buy back again.

irixo10

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You heard? From where and what makes you think what you heard is the truth or what even gave you the assurance that what you heard, the individuals involved would do it or what if it could be mare talks to make people leave Bitcoin for ETH and then they buy and the price shoots up again. To be frank, in this crypto market, I am of the opinion that, one of the ways to make gains is to stop listening to what most people says especially about Bitcoin, and so on, because the fact remains that no one can predict the crypto space or what will even happen in the few days. Okay, let's assume they later sell to Ethereum, what if they later refused to go back to Bitcoin, and decides to stick to Ethereum because of the upgrade coming soon; like I said, they are all mare talks and could not have even come from anywhere. Hence, I would say, if you are in Bitcoin already, you might consider holding more unless you are already in profit, then you can sell and maybe wait for a while and enter Ethereum, but to decide which one to hold more, lies on you, your funds and what you are expecting in the long run; Bitcoin gives better return on the long run.

aysg76

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

They are two biggest crypto currencies by market capital but they are totally different as they were developed for different reasons and with different internal dynamics.
For a particular instance ,turning your btc to eth can be a good idea ,as seen lately ETH touched its new ATH while BTC was surfacing in red. But ETH as a coin won't be able to overtake BTC . BTC is like a parent ,whose up and down do impact to it's children no matter what.

dansus021

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Quote from: tabas on January 21, 2021, 06:30:53 PM

Depends on your thoughts and belief for the both crypto. You hold it at the same time and you'll no longer asking this question. But what I do is to hold both of it and I keep BTC foremost.
I don't intend to sacrifice my bitcoin holdings to buy ETH but instead, I'll take some of my cash and use it for buying it.

Total Agree

so keep your btc and use some from bitcoin profit to buy eth, and yes usually after bitcoin bull a year after Halving there's alt season with altcoin price pumped

rokon1234

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Now the price of Bitcoin is going up, that's why i think the price of Ethereum has also gone up, so i don't think it's right to hold Ethereum. Because the price of Bitcoin may go down in a few days,then the price of Ethereum will go down.So, i think you shouldn't hold any coins now.

ilhamsugihamin

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In my opinion, why not have both of them if like that there will be nothing to sacrifice, if I will buy it with my own money without first selling one of the coins and it all depends on your thinking too.

bitzizzix

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Bitcoin and Ethereum are the best coins of all and it would be better to have them both without having to exchange them, and I personally will prioritize bitcoin even though it is experiencing a decline and eventually other coins will also decline.
Bitcoin's decline is still normal and only a few are still in a good price position, and I think the decline in bitcoin is the right time to grow bitcoin in any way and hold it tight.

maxreish

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

Well, the bitcoin's pull back is a great chance to do that. However, if you are sure eth will gonna bull run and your technical analysis shows btc/eth pair will give you a good profit, then why not?

Speculations that btc is extending the correction to $25k, if this pull back will continue and eth has done outperforming btc from the past.

Check this TA and chart of btc/eth pair:

https://www.tradingview.com/chart/ETHBTC/epdzxa7Y-eth-looking-good-on-btc/

kentrolla

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I know ETH is bullish and trending now when compared to BTC but for me king will always remain as king because it played a vital role this time and I believe you are aware that all alt coins are still dependent on BTC, yes I feel that's a good move if you proceed further by selling and moving all your earnings to ETH but be cautious as this idea will work only for short-term.

You can make use of opportunity for long-term again BTC is safe investment and high volatile as well, so plan accordingly.

Lorence.xD

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Quote from: TravelMug on January 21, 2021, 07:04:40 PM

I don't think that you can get a wrong or right answer here.

It's really up to you, if you think that Ethereum can out perform bitcoin in the long run then go for it. Hard to give financial advise as everyone is really different in terms of managing their assets. But personally, I would stick with bitcoin though, that's just me.

The problem with OP is that OP is sacrificing bitcoin for ethereum which is not a really good move as bitcoin is proven to come back higher than the last time which means that OP could be missing out of something big if OP were to forego hodling bitcoin in favor of ethereum. There was a reply about hodling both, I think that it is the best move but we have to consider the financial standing of many people, there are some that will not be able to afford to hodl on to both.

skpanchal

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Etherum is my personal favourite but I did not sell btc for ETH because I think soon btc will hit 50k and and of year it can cross 100k

traderimage

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Why not just hedge your bet. Eth has already rocketed

Evilish

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Bitcoin to the moon!

Quote

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Never base your decisions off of the decisions of "high net worth individuals". Do what feels right to you.

Quote

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

I am not much of a trader rather a holder but you seem to have a valid point if we consider past market patterns. How do we know the previous market cycles are going to be repeated though? It's all a mere speculation given how the crypto currency markets work.

The way I see it is, BTC hit 200%+ of its ATH this year and ETH barely crossed its previous ATH. If you're a long term holder, stick with BTC. Granted you will lose the short term ETH rallies but you will be better off in the long run. Depends on how play the market really. Are you much of a holder or a trader? If you are a trader then you can try to time things and hope you land on the right side. If you're a long term holder then BTC is a more sound choice seeing recent past.

Quote

Do you think its a good idea to hold more ETH than BTC rn?

Short term, maybe. Long term, no. BTC is always a safer bet.

bitmover

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

It is a terrible idea imo. I think you should move this to the gambling board.

Have you ever looked at Eth charts?
Take a look now. The orange line is the ETh/BTc ratio.

If you hold the same amount of BTC and eth since 2018 you would lose A LOT of money in ethereum.
Things may change now. I think we might be close to an altcoin season. But even if Ethereum can break its downtrend (in ethxbtc ratio) it will be only temporaly, imo.

josgandosbro

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Bitcoin prices is any time to up and down. This time bitcoin price is an increase. So this time you will easy to sell the bitcoin and got more profit. This is a good time for selling bitcoin. If need the bitcoin for the future purpose you hold and wait for the bitcoin price increase. Bitcoin is helping to future growth. Now ETH also increases the price. Both coins are the best coins.

pinggoki

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I've done this last December 2020 in which I've sell all of my holdings in bitcoin and convert almost 40% of my profit into ethereum and guess what, I am currently taking profit right now because when I've convert some of my profit into ethereum, ethereum price is not bullish but right now see what is happening to the ethereum. It breaks the new ATH and now continuously pumping so high. I suggest that don't sell all of your btc for eth, just sell what you can take risk so that you will not regret it in the future.

Ultegra134

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Quote from: kungi on January 21, 2021, 01:03:00 PM

I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

I don't think it will outperform Bitcoin as a coin entity. However, I do believe that it is a decent opportunity to invest in. During the last week, its price rose to a significant degree, and I also believe that it will increase further more in the near future.
I wouldn't advise you to place your funds solely on one coin, you can always invest in both.

sayaya17

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Ethereum has always followed bitcoin where it goes, but it certainly isn’t always so. If that’s true that ETH outperforms BTC then switching ownership of bitcoin to ethereum at the moment is a decision you’re already responsible for. If you look at ethereum which is very bullish at the moment, it might be appropriate if you switch it as it is now because it is being corrected, where bitcoin is also currently in decline to $30k. Or you can wait until the price of ethereum continues to correct. All your decisions are decisive.

TravelMug

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I don't think that you can get a wrong or right answer here.

It's really up to you, if you think that Ethereum can out perform bitcoin in the long run then go for it. Hard to give financial advise as everyone is really different in terms of managing their assets. But personally, I would stick with bitcoin though, that's just me.

chaser15

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Quote from: kungi on January 21, 2021, 01:03:00 PM

Do you think its a good idea to hold more ETH than BTC rn?

We have our own way to think about the best and suitable approach in a given situation either holding more ETH than BTC or other altcoins.

Try to think of the best strategy out from your gathered information although take caution as there are no accurate sources where we can verify what you gathered. It's more of speculation to me.

tabas

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Depends on your thoughts and belief for the both crypto. You hold it at the same time and you'll no longer asking this question. But what I do is to hold both of it and I keep BTC foremost.
I don't intend to sacrifice my bitcoin holdings to buy ETH but instead, I'll take some of my cash and use it for buying it.

kungi

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I have heard that some high net worth individuals are unloading all their BTC for ETH.

Reason Being is ETH tends to outperform BTC in Returns in Bull Runs for example in 2017 and 2020. And with ETH recently making a new ATH in USD feels very bullish and looks it may do the same on ETH/BTC pair.

However after the the run or when they feel the top is in they will return the Ethereum back into BTC and hodl.

Do you think its a good idea to hold more ETH than BTC rn?

Topic: Selling All BTC for ETH this Bull Run (Read 765 times)