Topic: shall i convert my bitcoins to ethereum? - page 65. (Read 7999 times)
Your action is absolutely right now, as Ethereum is now much more appreciated by investors than BTC. You should exchange 50% of BTC to ETH then hold both BTC and ETH better than just hold ETH. After the exchange, you should hold at least 6 months to be able to make a profit.
i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
Ethereum depends on the price of bitcoin and there is a clear correlation with the behavior of both coins.At the same time, everything can happen on crypto market, so I wouldn't recommend buying solely one coin.
Instead you can make it 50/50.
I would not go for 50/50. Now is not a good time to sell Bitcoin. Ethereum is wonderful coin, but Bitcoin is running the show and every investor is following closely ehat is Bitcoins price, not Ethereums.
If I were you, here is what I will do, I would use half of the money to lock down bitcoin and use the other half to hold ethereum. But I won't just go for one but both.
This is a decision you have to make by yourself, because there are times you may not be able to predict perfectly well what the outcome of any of the coins would be. Sometimes though, i prefer to invest in altcoins.
very true, doing your own research is very advisable than just listening to others, sometimes people speak without a strong foundation and just follow the trend onlyWhat I see from Ethereum is that the price heavily rely on bitcoin and if you convert BTC to ETH I think the result will be the same as for now. Both just have the same price movements.
I think you are wrong with that statement, the price of ethereum on ico was 35-40 cents and by then bitcoin was 600-800$ which is not 450$ and all that price improvements is not dependent on btc price because it also gained a satoshi value.
I don't think that there is an urgent need in that, just make 50%-50% allocation and it will be 100% OK for you, going 50%+ for one of these is more risky I'd say.
This is a decision you have to make by yourself, because there are times you may not be able to predict perfectly well what the outcome of any of the coins would be. Sometimes though, i prefer to invest in altcoins.
very true, doing your own research is very advisable than just listening to others, sometimes people speak without a strong foundation and just follow the trend onlyWhat I see from Ethereum is that the price heavily rely on bitcoin and if you convert BTC to ETH I think the result will be the same as for now. Both just have the same price movements.
This is a decision you have to make by yourself, because there are times you may not be able to predict perfectly well what the outcome of any of the coins would be. Sometimes though, i prefer to invest in altcoins.
very true, doing your own research is very advisable than just listening to others, sometimes people speak without a strong foundation and just follow the trend only 
i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
I don't think so. Only trade if you know what you're doing and not asking people around with vague questions that aren't backed-up by facts that may convince anyone to trade. It's all up to you now to make a choice, but I personally would not do that and instead pool up some cash and buy ethereum instead.
If you want - do that.
I am not touching my BTC/LTC/ETH portfolio for two years. Sometimes I take BTC to invest in something that I feel hot.
Do your own research always and don’t listen those “Ilia Askey”. He could have been billionaire long time ago if he was not selling coins back to 2014
I am not touching my BTC/LTC/ETH portfolio for two years. Sometimes I take BTC to invest in something that I feel hot.
Do your own research always and don’t listen those “Ilia Askey”. He could have been billionaire long time ago if he was not selling coins back to 2014
i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
Ethereum depends on the price of bitcoin and there is a clear correlation with the behavior of both coins.At the same time, everything can happen on crypto market, so I wouldn't recommend buying solely one coin.
Instead you can make it 50/50.
i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
its up to you, if you want to hold ethereum than bitcoin then you can convert it anytime you want. its your own money and you are the only one who has the final decision for thatit is not a good idea to convert his bitcoin to ethereum because the value will be worth bitcoin than ethereum but like you said, he can do everything he wants. but one thing that he needs to realize that if finally, he doesn't have to regret if somehow, bitcoin price can increase higher and back to the last high price because bitcoin value will be more than just ethereum.
My advise is that just keep holdin your BTC and keep waiting for the another bullrun of it, at the same time invest to etherium to have another earnings beside of bitcoin. This two will give you big profit if you are willing to wait. Smiley
My suggestion is to you don't do that if you can cheak both graph and history bitcoin upward trend is very high but eth upward is slow then bitcoin bitcoin trade or increase 1000 $ a day it has that potential but I think eth has not that potential this time so be with bitcoin.
I believe that it is pointless! because I understand that you bought bitcoin probably more expensive than to sell now. you can just buy your Ethereum separately!!!
I would have divided 50 \ 50 bitcoins and ethereum. Read the news, if there will be updated then exchanging for other coins
IMO, no.
Ethereum is like going with the flow of bitcoin. Once bitcoin is up then it goes the same way and when it is down the same happens to its price.
Been monitoring both for quite some time and I see it that way.
In the end, it is your decision. If you are going to trade then best pick would be Ethereum since there is a lot of movement from it.
Ethereum is like going with the flow of bitcoin. Once bitcoin is up then it goes the same way and when it is down the same happens to its price.
Been monitoring both for quite some time and I see it that way.
In the end, it is your decision. If you are going to trade then best pick would be Ethereum since there is a lot of movement from it.
This is a decision you have to make by yourself, because there are times you may not be able to predict perfectly well what the outcome of any of the coins would be. Sometimes though, i prefer to invest in altcoins.
i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
its up to you, if you want to hold ethereum than bitcoin then you can convert it anytime you want. its your own money and you are the only one who has the final decision for that
I will convert my bitcoin into ethereum that is thinking me when bitcoin starts to decrease but I see I should not be so I notice that bitcoin is still valuable and future they will rebound fast
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i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
I would recommend to hold an equal share of BTC and ETH in your portfolio. First of all, it's better to hold several coins than one for risk deversification, and I think that every investor should have both of these coins in his portfolio.
I agree with holding both BTC and ETH in your portfolio, it shouldnt matter wheter you hold more ETH or BTC, now its a pitty that BTC still decides which way the altcoins are going, I am just waiting for the moment these amazing projects and altcoins are not depending on BTC, BTC is in my oppinion something that it shouldnt be and this is due to the fact that futures and cme and screwing the market, once there are more USD pairs on altcoins I hope they are not depending on BTC and every coin has its own ups and downs, this shows us that we are still very early in the market.
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